Looking For A Winning Horse Betting System
By: Richard Bleuze
Here's a system that while very simple, works for me. It invovles establishing the proper bankroll, checking out the races' favorite, narrowing down contenders, imagining the outcome of the race, and making adjustments.
1. Establish your bankroll. Your bankroll should be an amount your comfortable with. Determine the percentage of your bankroll you are willing to invest on any particular race. This is the cornerstone to any successful horse racing system.
2. Assess the favorite. In your initial overview of a race, attempt to determine whether the favorite is solid or vulnerable. Don't waste time on races where the favorite looks tough and concentrate on those events where the chalk can be erased. Three-to-five is a good number if concentrating on one track but this number can go up or down based on the opportunities available.
3. Pick your contenters. Employing whatever handicapping methods you prefer, establish the order of preference for your contenders. Make a value line to help in your ultimate on-track decisions.
4. Use your imagination. Attempt to visualize how a race will be run and don't be afraid to go against the flow.
5. Plan your day. Eliminate the un-playable races and sketch out a battle plan on paper with potential win bets, singles, exotic wagers, etc. In other words, have an idea of what you are going to do before you go to the track. Let your horse racing system guide you.
6. Don't waffle. Once you're in the thick of the action, stick to your guns. Let the toteboard determine your final moves and not the guy at the corner bar. It's your money and you should make it or lose it on the basis of your own opinions.
7. Apply disciplines money management. Don't press when you lose or increase your wagers when you win. Protect your bankroll and don't be overly aggressive. Only the long term matters.
8. Adjust when it makes sense. Be willing to change your thinking if evidence warrants. Perhaps a strong bias has appeared. Maybe your top selection is grossly overbet. Be prepared to move on.
9. Have patience and have fun. Keep your composure and keep your sense of humor. This is the most important component of any horse racing system!
About the Author:
Richard's horse racing articles can be found at http://www.bettingthehorsesonline.com
He also has a general online gambling site at http://www.24-7wagering.com
Horse race betting does not have to be a gamble. Contrary to popular opinion, betting the horses is a far better “investment than the stock market. In horse racing you are betting against other bettors. And the average bettor is not a sophisticated bettor, whereas in the stock market, you are playing against the best minds. Gambling means betting with your emotions, or intuition. But by taking a statistical, systematic approach to betting horses you can and will win consistently.
During the past 25 years, I have seen lots of horse bettors fall by the wayside. Why? Because they did not use systematic approach to horse betting. Instead, they bet with their emotions. If you apply statistics to horse betting, it is impossible to fail. Statistics do not change over time. Statistics that have held true in horse betting for decades will continue to be valid.
Horse betting has been around since ancient times. But today's horse betting only evolved in the middle of the 20th century with the advent of pari-mutuel horse betting. This is where the racetrack takes a fee and redistributes the money left to the winning bettors.
One of the biggest drawbacks to horse race betting was that you had to go to the racetrack to wager. That meant taking the entire day to place a bet. And it meant limiting yourself to whatever good wagers there were that day; even if there were better bets elsewhere. Now, with the advent of Internet, online wagering, you can bet horses from anywhere you can take a laptop into a “wired” environment. Online horse betting frees you to bet whenever and where ever you are and have time.
Betting the horses can enable you to ensure your future. With companies laying off employees every day, there is no such thing as a job for life anymore. Betting the horse can mean being in control of your own density, and not leave your fate to the hands of an impersonal corporation. With the advent of Internet wagering, you can bet any racetrack in the country without giving up your primary job or spending years starting your own business – which require an average of 60 hours per week. Horse race betting can provide a consistent return – something you can count on and depend upon. There are many free horse race betting systems, but you get what you pay for. To win at he races requires patience because there is not a good bet each and every day, and it requires consistency that comes from a racetrack betting system based on statistics.
There is only one racetrack betting system out there that is based on irrefutable statistics accumulated over thirty years and that is, “A Ph.D. shows you how to beat the races.”
Betting unemotionally, and following a proven racetrack betting strategy, you will gain financial independence.
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