the gluebook
The TrackView .md

Careers and the Glue Factory

Horses do not die at the bell. They have careers.

The permanent record

Every horse keeps a permanent record from race one: wins, losses, current loss streak, races run, and lifetime peak market cap. The site surfaces it in The Stable. The pitch shifts from "two hour lottery ticket" to "back this horse's career."

The Glue Factory

A horse that records 5 losses in a row becomes glue. Permanently retired. Never raced again, never reused, struck from the living roster, memorialized on the Glue Factory page.

Becoming glue is retirement, not a token burn. It is a scarcity and narrative mechanic. Deaths thin the roster, so the survivors, the proven and still alive horses, get more valuable. It literally delivers the promise: most horses become glue.

Why this is the reason to hold

A single race pays at the bell. Careers are what make a coin worth holding past it. A horse with a real win record is a survivor, and survivors get rarer every race. When The Gauntlet arrives and the field races itself, those records are everything.