Betting on horse races, like all gambling and most other things in life, is streaky. We've all experienced the ups and downs of wagering. It's a roller coaster ride. One week you're ahead and the next week you're down. Horse racing handicapping isn't for the weak hearted or those who cannot keep their eyes on the prize and ignore temporary setbacks.
The fantasy of making a steady income from betting on the races is a nice one, but in reality, grinding out a steady living just doesn't happen for most people. On the other hand, there is hope once you understand the cycles and your own performance.
In any business there are up and down cycles, so why would it be any different in speculating on horse races? It isn't. Since it is cyclical, however, you can prepare for it and even use that knowledge to your advantage. Let's look at how you can start to minimize losses and maximize profits.
First of all, you must look closely at your own betting and understand what you are betting on and why. Do you play more maiden races? Are you a stakes race specialist? Are most of the races that you play for three year olds? Do you follow trainers and jockeys and focus on their horses? Each one of these questions will give valuable clues to your own wagering and what cycle to expect.
For instance, let's say you follow a trainer whose specialty is turf races. Some trainers do better at certain tracks than others. You may follow a conditioner who does great with his or her horses on the lawn at Saratoga, but who is only marginally good at Gulfstream Park. Obviously, you're not going to do great in the winter, but you will probably make up for it in the summer when they are racing at the Spa.
Some trainers who do well with maidens will have a fresh crop that they start at a certain time each year, perhaps in April, but because that conditioner doesn't usually win first time out, he may not produce wins until May or June. When a trainer is on a hot streak, there is a reason that usually is based on his or her favorite or home track, the age of the stock, and training methods. Learn those three things about any trainer and you will start predicting streaks and cashing in on them, too.
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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