An aged horse which has been winning a good percent age of his races in a season almost always will be found to be an animal of former class dropped ‘way down in quality of opposition, pitted against a class of horse that could not have warmed him up in years before. Real racing class in a Thoroughbred implies courage and hon esty of effort, and a good horse as he ages will not lose all of this. He still can beat cheap ones of the sort he never would have been entered against formerly, but he is racing on borrowed time and a player who backs him is assuming something more than the risk inherent in any bet.
03-31-2008
