I know zilch about horses, but have had a fair measure of success at the track just by following the late money. I look for horses with a morning line in the 12-1 or 15-1 spectrum, and when the odds on one of them start dropping sharply just before post, like down to 6-1 or 4-1, I'll bet him heavy. I figure the late money is the smart money. Don't ever place your bet til a minute, or at most two, before post.