FREE Horse Betting On Favorites System Articles | Horse Betting

By: Richard Bleuze

Horse Betting On Favorites.

Betting on favorites on a daily basis can make you a profit.  I suggest the following: 

Set a daily goal.  Once you have reached your goal winnings for the day, YOU QUIT AND WALK AWAY.

This first step is very important.  As a rough rule, the safest figure is 5% of your total bank.  This is really up to you.  However, the higher the percentage, the more risk you have of needing to "top up" your bank with more funds.

This system relies on the fact that in all of the days race meetings that at least one favorite will win.  There are usually 3 or 4 race meetings each day with 8 or 9 races per meeting.  Thus, the odds are in your favor that at least one favorite will win a race.  If this happens, you are a winner! 

To ensure you always choose the favorite of each race, you will need to open several accounts online and check the odds in the last 10 to 15 minutes prior to a race.  Newspapers will often provide you with their suggested favorites,  however these will not always be the excepted and agreed favorites before a race.

Here is an example of the above system:

1. Say that your bankroll for the day is $1000.  Thus, in the first meeting of the day you currently have a bank of $1000 and you wish to win $50. Locate the favorite for this race, take its odds "to win" and then calculate how much stake you need to put down in order to win $50.

Let’s say the favorite is 7-4. Thus, to win $50.00 you will need to place a bet of $28.57.  This can be worked out by dividing 4 by 7 (7-4 odds) and then multiply it by 50 ($50).

If the horse wins you are now $50.00 up.  YOU'RE A WINNER!

Now follow the most important rule of the day and quit for the day!

2. Say the horse does not win, then, go on to the next race, but this time in order to be $50 up for the day, you need to win back the $28.57 you lost in the prior race plus an additional $50 for your on target winnings.  Thus, a total of $78.57.  Let us say for the next race, the favorite is at 4-1. So to win $78.57 you will need to place a bet of $19.64.

This can be worked out by dividing 1 by 4 (4-1 odds) and then multiply it by $78.57.  Say that this horse wins.  If so, you have recovered the $28.57 you lost in the first race, plus the additional $50 target. CONGRATULATIONS YOU ARE A WINNER.

Now follow the rule and quit for the day!

3. If the horse does not win, simply go on to the next race following the same procedure as in step 2.  Remembering that in order to be $50 up for the day, you will need to win back the $28.57 you lost in the first race and the $19.64 that you lost in addition in the second race, plus the additional target of $50.  Thus, now you have a total of $98.21 to win and call it quits for the day.  The favorite in this race let us say is at 2-1.  Thus, to win $98.21 you will need to place a bet of $49.10.

This can be worked out by dividing 1 by 2 (2-1 odds) and multiplying it by $98.21.  If this horse wins; you have now recovered the $28.57 you lost in the first race and the $19.64 in the second race plus the additional $50. 
CONGRATULATIONS YOU ARE A WINNER!

Now quit for the day!

If the favorite did not win, then just simply continue with this method remembering to up your stake to ensure you win back all your losses as well as your targeted winnings until the favorite does win.

As you can see the more races that take place where the favorite does not win, your loses become higher.  Therefore, you will need to place a larger stake on the next race to win back your loses.

This is why the system only has you start off using only 5% of your daily bankroll.  Of course, I do not know of a system that has100% guarantee to win every time, but you will agree that the odds of not a single favorite winning any of the races around the country in one day is as close to impossible as you can imagine.

Thus, I suggest trying this free system and see how it works for you.

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