PROJECTED
TIMES
The reliance on accurate pars to estimate daily track variants, although
highly recommended, is not the state-of-the-art. Pars are averages.
At any class level some races will be faster than average and some races
will be slower than average. Thus some winners will exceed par and others
will not, not due to fluctuations in track-surface speed, but due to
differences in real abilities. Expert speed handicappers refer to the
phenomenon as class-within-a-class. They are loath to accept the limitations
inherent in the wholesale reliance on par times.
The correction
is a reliance on projected times. Whenever a particular field looks
significantly stronger or weaker than par, figure handicappers can "project"
today's final time, based upon the well-known figures of the specific
horses in today's race.