A Quick Horse Racing System Based on Easy Percentages
There is no substitute for good in depth handicapping if you want to make money betting
on horse races, but if you want a quick and easy system to determine a horse's chances of winning or running in the money, this will help you to win more. First of all, horse's like humans, are creatures of habit. If you want to know what they'll do tomorrow? Look at what they did yesterday.
If a horse ran in the money 50% of the time in 30 races, what do you think the chances are of it paying to show today? Did you guess 50%? if so, go to the head of the class. I know it's not quite that easy, though, because if it was, all you'd have to do is find horses who have a fifty percent chance of showing and bet on them when their show price is over $4.
While it isn't quite that easy, it also isn't rocket science to figure out when a horse will run true to form and win, place, or show, the same percentage as it has in the past. You have to tie that percentage in with a few other simple handicapping factors. First of all, as horse's age, unlike fine red wines, they don't get better. After a certain age it is usually a downhill slide for horses, just as it is for all athletes.
The way to find a horse's percentages is to divide its wins, places, shows, into it's total races. Naturally, if the horse is running on grass today, we want to use only its turf races. The same is true for all weather tracks, etc.
Here is a simple system to use in the money percentages to find good value in the betting pools...
1. First, let's say that after 5 years old, we start to expect a horse to start to decline. Therefore, look for horses who are no older than 5 or 6 and you will probably be able to rely on their stats.
2. Another consideration is recency. Look for horses who have had at least one race in the last 35 days. If it has had two or more races in the last 40 days, that's even better.
3. If the horse is running on an off track, look at its off track stats and use them.
As I mentioned earlier, use the percentages to find value. The way you do that is to determine the probability of a horse winning, placing, or showing and then see what it will pay in each position just before they go to post. That is how you find good value in your bets and it only takes a few minutes to determine percentages for each race. That's it, quick and easy horse racing system to find profitable bets.
A Quick Horse Racing System Based on Easy Percentages
By: Bill Peterson
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