Everybody is looking for an easy horse racing system to pick winners and make money betting on the races. Who wouldn't want to take a few minutes to scan a program of form and then make some cash? Many people who sell horse racing systems boast that you can turn the race track into your own private ATM. Does anyone really believe that?
The truth is that there are easy methods of picking winners and some of the simple systems will actually help you to win more and lose less. Any systematic method is better than chaos with no thought for how to evaluate the horses or how to find good bets. On the other hand, just being a bit more organized isn't going to beat one of the toughest games in the world.
If you want to start to get your horse racing handicapping under control and you don't have a system that you're using now, or if the method you're using isn't working, I recommend that you do find a way to get things under control. Start with the basic factors of handicapping, such as speed, class, form, pace, and connections (jockey-trainer).
You should also write everything down and keep good notes that you can refer to, but don't make it too complicated or you'll only confuse yourself and wind up being a bean counter or journalist rather than a winning horse player. I'm not saying that starting with a simple handicapping method and notes is going to make you a profitable horse player, but it is a start in the right direction.
Respect every dollar. Don't make frivolous bets and don't waste money. Use a basic money management system based on your total bankroll and units. Setup your betting amounts as a percentage of your bankroll. Let's say you have $500 in your horse racing fund. Allotting $100 a day, or 20% of your total bankroll, is a place to start. So the first day you make 5 bets that are also based on the $100 and 20% rule. Therefore, each betting unit is $20.
The next day you start all over again and based on your total bankroll, you allot 20% for the day's bets. Let's say your total bankroll is now $480. That means that.20 x $480 = $96 is your daily limit. If you break that down to five betting units,.20 x $96 = $19. Therefore, nineteen dollars becomes your new betting unit.
A simple method of handicapping and money management probably won't beat the pros in the long run, but it will start to teach you the basics and get you on the road to success. More advanced methods can be added once you've developed the habit of good note keeping and using those notes to improve you horse racing handicapping.
If you want to learn how a horse owner and insider handicaps just go to http://horse-racing-handicapping.co/ and get the truth about betting on horses and winning. Bill Peterson is a former race horse owner and professional handicapper. To see all Bill's horse racing material go to Horse Racing Handicapping, Bill's handicapping store.
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