MOST PEOPLE who become interested in racing, if pinned down and forced to tell the truth, the whole truth and nothing but the truth, would admit that they know very little about horses, racing and the figuring of winners. Whether or not they admit these facts to you or to me, nevertheless they know them in their own hearts. The net result of this condition is to throw a substantial majority of bettors on the mercy of those who claim to know what it is all about. Hence, at a track, you will see spectators running about with a racing sheet, their eyes glued on the selectors’ pages rather than on the pages where the cold past performance records of the horses are displayed. Or you will see them consulting the graded handicaps of a single selector employed by a daily newspaper, or perhaps a consensus of the opinions of selectors on several papers in the same city. If they are not following the selectors on a racing sheet or a regular newspaper, the chances are they will be following the choices of a scratch-sheet or a tip-card sold at the track. And if they are doing none of these things the odds are that they are betting what they fondly believe to be stable information, or a friend’s tip, or anybody else’s tip.