Summaries of results achieved by all public selectors having a national or semi-national circulation arc tabu lated and published throughout the year by a monthly-turf magazine.2 These statistics uniformly show that no public handicapper or selector over a period of a year ever succeeds in showing a profit on whole-card selections at all tracks, assuming that $2 or any other flat amount is bet on all his top horses in all races he has covered. And on best bets, so-called, where the selector has indicated just one horse in one race as affording the most logical hazard on the whole card on his super-selections, in other words the story of final loss over a year is almost always the same. On whole-card selections the public handicappers are always unsuccessful; all of them. Any one of them will pick from 25% to 35% winning horses, but the average price secured on winners is never sufficient to result in profit from playing all the selections. On best bets a few of the public handicappers will get as high as something over 40% winners, but the average price secured on win ners of this type is so low that normally no profit will result from backing all the best bets of any single selector over a year.