A Horse Racing Betting Approach And Method For Achievement

One of by far the most misunderstood elements of horse racing handicapping and betting on the races is the fact that the strategy to earn money isn't to choose fantastic horses, but rather, to choose fantastic bets. Getting a fantastic bet could be the mixture of handicapping and wagering strategy. You need to know the probability of a horse winning the race and as soon as you do understand that, you are able to then use mathematics to identify the fair odds for the horse.

Fair odds, or fair worth odds as they are in some cases called, are simply the odds you need to break even or make a profit on your bets. I make use of the plural, bets, mainly because good horse players understand that this can be a game that's won more than numerous days and seasons, not only a single single day. The approach to calculate your profit or loss will be to appear at a set of wagers you've created and examine what you invested to what you collected.

In the event you make 50 wagers at $100 each you have spent $5,000. The next step is always to total each of the wagers from that set that you simply collected or cashed. When you took back $6,500 then you know that you made $1,500 profit. Now here is often a straightforward betting method that could also be regarded a method for making bets and maintaining track of wins and losses with the purpose of creating a profit...

Begin by handicapping each and every race applying speed, class, type, and connections (jockey-trainer). Once you have handicapped you'll possess a hierarchy of horses in the probably to win for the least most likely to win. Make use of the top 4 horses (the 4 finest horses) as your contenders. Most races are won by among the best four contenders. Assign realistic odds to every a single determined by 80%. In case you feel your ideal horse has a 50-50 possibility of winning it gets 40% in the pool. Assign percentages to every certainly one of the 4 horses.

Now convert that percentage into fair value odds. A horse that should win 40% of your time will win two out of five races. So if you commit $20 on ten bets at $2 every single, you will have four winners. $20 divided by four equals $5 so every winner would must pay a minimum of $5 in order for the leading horse to break even for you. You've assigned odds to every of four horses so you are going to almost certainly find at the very least certainly one of the horses going off at odds which are higher than the percentage that you simply assigned to that horse. If no horse gives value, skip the race.

At post time bet the horse that offers probably the most value (highest odds compared to the percentage that you just gave that horse). Practice this system of discovering a fantastic bet till you master the art of determining the probability of a horse winning. It takes time and practice, but that is the actual strategy that some pros use to produce funds betting on horses.

Just keep in mind that betting on horse races is risky and you ought to never ever gamble with revenue you can't afford to lose.

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