Showing posts with label Horses. Show all posts
Showing posts with label Horses. Show all posts

Monday, September 26, 2011

5 Things You HAVE To Know To Be A Winner When Betting On Horses And Sports!

Maybe you're like me. Maybe you've always enjoyed the thrill of a gamble and the great feeling you get from backing a winner. But maybe, just like me, you haven't experienced that feeling often enough because, for the most part, losing wagers and the empty pockets that go with them have been the norm, hugely out-weighing those winning moments.

If that's the case, you need to take stock of the situation and wise up. That's what I've finally managed to do, and if I can turn things around so can any other struggling punter. But I have to admit I didn't turn things around all by myself.

Fact is, I don't believe I could have changed the way I bet without the benefit of outside guidance because I was probably too pigheaded and too much of a know-all to have ever considered, let alone accepted, that my failings as a horse and sports bettor had been entirely down to me all along.

That was the reality I had to come to terms with, and it wasn't nice. We're talking a big jolt to the ego. But despite bruised pride - and plenty of it - I'm now pleased and grateful that any trace of smug attitude has been well and truly knocked out of me.

One thing's for sure. I'd still be on the same aimless path as before but for setting eyes on a FREE revelation - "Home Truths of Sports Betting" - that doesn't pull any punches in getting its points across.

Amongst the stuff explained are these 5 essentials...

• Why so many people lose money betting
• How they fall into that losing trap
• Common habits that MUST be discarded
• Practical measures you HAVE to take to be a winner
• How to acquire the all-important "winner's mindset"

Okay, if you're not a millionaire already, "Home Truths of Sports Betting" won't turn you into one. But if you're not already a successful punter, reading Home Truths WILL help turn you into a winner by giving you the know-how to realise you CAN confront the bookie on better than even terms and come out on top.

Ever since having my first bet as a juvenile I was always a cocksure gambler but, looking back, there were rarely proper grounds for such confidence. Basically I was just an idiot and, if that weren't bad enough in itself, I was also in denial.

Funny how you can bet and mostly lose - day in, day out - for weeks and months, even years, yet still somehow convince yourself you're doing okay. I've had many a chat with like minded losers where we each claimed to be ahead of the book, overall - or at least breaking even with the enemy - despite the truth being very different. It's so easy to get into that kind of losing rut and find the only escape is to pretend it isn't happening.

Well, not any more. Not for me. I've escaped for real from all that self delusional stuff and changed my whole approach to betting. I now take on the bookie with genuine confidence because, for the first time in my betting life, I actually know what I'm doing. It's a big transformation for me, and a satisfying one, and perhaps the best part of it is that I've made the necessary changes by tuning into a dose of no-holds-barred wisdom that didn't cost me a single penny. Won't cost you anything either.

Change for good and for FREE the way you think, and act, as a horse racing or sports bettor. Visit http://www.freebettinginfo4u.com/ right now.


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Monday, September 12, 2011

How to Bet on Horses (Part 1)

In order to bet on horses and have a real chance of defeating the house, it is necessary to have a good understanding of the different types of wagers that are offered to you in order to utilize them more effectively.

Common wagering types:

WIN: This means that you are placing a wager on the horse that you believe is going end up in first place, and if he does, you are able to collect.

PLACE: If you use this one, you are betting your horse to finish second, and so if he does finish either first or second, you win (and as presumed, your winnings will be lower as the bet is less risky).

SHOW: Same concept as the two below, only this time you are betting your horse to end up in third place, so, if he finishes 1st, 2nd or 3rd, you also win.

In order to bet on horses and have a real chance of defeating the house, it is necessary to have a good understanding of the different types of wagers that are offered to you in order to utilize them more effectively.

ACROSS THE BOARD: When you place this type of bet, you are wagering on win, place and show at the same time, but it works a little bit different. For example, let's say that you are laying $2 on each of the aforementioned betting types, so, if your picked horse wins, you collect winnings for the 3 bets, if your horse finishes second, you collect earnings for place and show and if it finishes in the third position, you only get earnings for the show bet.

Exotic wagering types:

These are a bit more difficult to win than the common betting types, and the reason is because they require your selections to finish in a determined proper order.

EXACTA: Here you are picking 2 horses to finish in first and second place, and they should end the race in the order you pick them so you can win the wager.

QUINELLA: On this one you are betting on 2 determined horses to finish 1st and 2nd and either of your picked horses can finished first or second.

TRIFECTA: Here you are betting on 3 horses to finish in first, second and third and they should finish the race in the specified position you picked for them for you to win. When betting a trifecta, at least seven horses should start the race.

We hope this article has helped you understand common horse betting types in a better way. We also provided you with info on the most utilized exotic betting types, and on the second part of this series, we will continue to expand on this subject so you can get familiarized with others such as the superfecta and the daily double.


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Friday, September 9, 2011

Betting on Dead Horses, A Look at Instant Racing and the Future of Real Horse Racing

Did you ever bet on dead horse? I don't mean a runner that was so slow he or she was referred to as dead by the betting public, I mean really dead, as in no heart beat, history, a horse that is long gone. Well now you can and you can even win, providing the horses your dead horse beats are also dead.

This is no joke, it's called instant racing and it is done from a betting terminal. Many states have racinos where slot machines are available at the race tracks. Revenue from the slots is used to give sagging pari-mutuel revenue a boost and to hopefully keep horse racing alive. States like Kentucky, where slot machines are illegal and therefore cannot be used to help horse racing, have the alternative of offering a horse racing game, which is what is offered on the instant racing terminal.

Players are given racing forms and graphs to use to handicap races between great horses from the past. Virtual races are then run and the player's bets, based on the top three finishers of the race, are paid out. Revenue from the instant racing games is divided between horsemen, the state, and the race track. Does this sound like a good thing?

At Oaklawn Park in Arkansas, where instant racing was debuted in 2000 to overcome a sharp decline of 40% in racing revenue, it has helped to bring in much needed money to keep live racing alive. The problem is how many real racing fans are being added to the sports followers and how many of those potential fans are becoming video racing fans? Is this actually good for racing in the long run?

Will someone who plays the races on a machine want to walk outside the grandstand to watch a live race? When simulcasting was introduced it was going to be the salvation of racing and since it could offer the ability of patrons to watch racing just about anywhere, it was thought that many more people would become racing fans and bettors. It didn't happen.

How long will it be before casinos and instant racing become so popular that there will be a good enough argument to close the actual live racing down and to use the revenue from these other gambling venues to feed the budget needs of hungry states? This is one of the questions that is being asked while other groups, such as The Family Foundation in Kentucky who opposed the legalization of the instant racing games.

The legal argument seems to hinge on whether or not the instant racing game is a game of skill or chance. Games of chance are considered gambling while games of skill are considered sport since the player does have the ability to increase his or her odds of winning.

Since handicapping skill is required to win instant games, or at least that is the premise, it may in the end create a whole new crop of handicappers who honed their skills on virtual terminals and races featuring some of the greatest thoroughbreds of all times, even if they were dead when the virtual races were run.

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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Monday, September 5, 2011

Fast Horses and Fat Jockeys Lose Races Because Weight Does Matter

Weight is assigned to horses in each race in order to handicap each one according to its age and performance, or so the theory goes. There are many people who wonder if a few pounds one way or the other really matters to a thousand pound thoroughbred. Of course it matters, but the question is, how much will it affect the runner's speed and finish?

Let's look at a hypothetical situation of a one mile race for three year old fillies. One filly who fits the conditions of the race to a tee has the lowest assigned weight of 118 pounds. The rest of the field are carrying 122 pounds. In hr last race the low weight filly faced many of these same races and they were all carrying the same weight. She lost by 4 lengths. Does she have a chance in today's race?

The answer is yes, of course, because each pound will equal at least a length at the finish of the race according to most students of weight and handicapping. Therefore, you decide the odds and her chances compute to a win bet and you prepare to make a wager. However, on the screen, just before the post parade, you see the information on overweights and sure enough, the jockey is 2 pounds overweight so she is now carrying 120 pounds.

To make matters worse, there is another horse in the field who is being ridden by an apprentice who gets a 7 pound allowance so that horse is now only carrying 115 pounds. The plot, as they say, thickens. In order to determine what impact these new weights will have on the final result of the race, it is necessary to factor in the weights and deduct or add lengths accordingly. There are several questions that the astute handicapper must now ask him or herself.

The first question is how much did the horse that now has the apprentice advantage lose by in its last race? The next step is to deduct the 7 pounds from your projected finish for that runner and to see if it makes that one competitive.

The next question, and this one trumps all others, is just how much will each runner advance or regress from its last performance based on form and equipment changes? Weight calculations and adjustments to final times and beaten lengths must always be made with the form cycle in mind. The horse may be getting stale or it may be rounding into good form. The addition of blinkers may help it to stay focused on racing or a tongue tie may keep it from choking down in the late stages of the race.

It isn't enough to look at speed and pace figures to determine who will win the race, it is also necessary to factor in weight, and I mean the real weight after all race day changes are noted, equipment changes, and form. The extra two pounds that the fat jockey brings to the race will have an impact, but will it be enough to change the final result? That question may be answered by deducting lengths and using a simple rule of one length per pound means the horse will lose two lengths to the competition.

If you want to learn how a horse owner and insider handicaps just go to http://horse-racing-handicapping.co/ and get the truth. Bill Peterson is a former horse race 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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Tuesday, August 23, 2011

Do Professional Horse Players Win By Following Horses or Handicapping Races?

Here is a question that has intrigued many would-be horse racing handicappers, "Should I just follow horses or should I actually handicap races looking for profitable situations?"

What an excellent question. Of course, there is another way to profit from horse racing handicapping, too. You can also set your own morning line for value, in other words, evaluate each horse in a race and estimate the break even odds on such a runner. Then you sit back and watch the money before the race looking for that horse that is under valued by the crowd.

Some of the most successful people in any facet of horse racing are those who know pedigrees inside and out. They can trace a runner's lines back five or more generations and tell you the strengths and weaknesses of the major sires and dams in the horse's family tree. These same people would usually lean toward following individual horses. They may even become owners or consultants for buyers of thoroughbreds.

Though breeding is crucial for success in horse racing, it often isn't enough. Many well bred expensive yearlings have failed to win a race. While many fortunes have been made in the breeding shed, they've also often been lost in the sales ring. Horse trading and horse buying has always been considered a risky business.

So those students of breeding who follow a horse and wager on it often also handicap the races that the promising youngster is entered into. They know that it's not enough to know the stride length and blood lines of a horse but also to be realistic and look at the competition in today's race.

On the other side of the coin are the number crunchers or spot play hunters. They evaluate the runners in a contest based on past performances, track models, and the percentages and strengths of the connections. Some trainers are known for winning with young horses or dominating on the turf. That is taken into account when trying to figure out how each runner will do in a race.

The best handicappers use pedigree and handicapping when they evaluate each runner's chances in order to establish a probability. They may lean more heavily on pedigree in the case of maidens or horses changing distance or surface for the first time, or they may really more on current form and racing record in the case of older horses.

The ability to decide which of these categories or factors is most important is what separates the pros from those handicappers who are still trying to show a profit from betting on horse races.

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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Wednesday, August 17, 2011

An Easy Horse Racing System to Evaluate Horses Before You Bet

The process of horse racing handicapping is simply the evaluation of each runner to determine its chances of winning. Once you have an idea, or what we call a "guess-timate" of how likely each runner is to find the winner's circle, then you can start the important part of making money betting on horses. Finding value on the odds board is the goal of serious horse racing handicapping. An easy horse racing system is every horse player's dream.

A simple and easy to use formula will tell you if a runner is a good wager, may be profitable in the long run. Just ask yourself, "If this same race was run ten times or twenty times, how many of those races would each runner win?"

If your answer for horse A is two out of ten times, then he would win about a fifth of the races, so his fair value odds would be 5-1. Once you know that, a look at the odds board will tell you whether he is a good bet at over 5-1 or is overvalued by the crowd and is going off at less than 5-1. I realize that I am simplifying something that is actually very difficult to do, but for the purposes of this short horse racing article, we can't go into depth on the subject of handicapping, an intellectual pursuit that could fill many volumes.

One method that you can use to quickly handicap a race is to break it down to three factors, speed, class, and jockey. Creating a hierarchy, a list of horses starting with the best and going to the worst in each category and then assigning a number for each position is one way to find horses that have an edge. It won't tell you how many times the horse with the best score would win if they raced against each other ten times, but it will tell you which one might win most often.

For instance, taking the two best speed figures in their last three races and adding the figure for those two races together, will give you a number for each horse, assuming that each one has had a race. If you don't play maiden races with first time starters, you won't have the problem of a horse with no past races. Let's say there are five horses in the race and we'll label them from A to E. Their speed figure totals look like this...

A=150, B=145, C=155, D=130, E=148.

Putting them in order from best to worse would give us,

C, A, E, B, D.

Now if we give them a number for their order, it would look like this (since there are five horses, the top number is 5 and the worst of course, is 1).

5 4 3 2 1

C A E B D, so horse C gets 5 points for speed and A gets 4, etc.

To figure class, find the horse who has earned the most money in its last five starts or simply look at the purse in the horse's last race. Any method will work as long as you can identify the horse that raced against the best horses in its last race. In the case of a tie, give each horse the same number in the hierarchy. For instance, if two horses both raced for $50,000 in their last race and that is the top amount, then give each one a 5.

Once again, create a hierarchy with the best receiving a 5 and the worst a 1.

Finally, simply look at the jockey's winning percentage and use that to create a hierarchy.

Your final totals might look something like this...

Speed =

5 4 3 2 1

C A E B D

Class =

5 4 4 2 1

A B E D C

Jockey=

5 4 3 2 1

C D B A E

Now add each horse's total score to find the top horse.

Horse A gets 4 points for speed, 5 points for class, and 2 points for jockey, so it gets a total of 11.

Horse B gets 2 points for speed, 4 points for class, and 3 points for jockey, so it gets a total of 9.

The rest get C=11, D=7, E=8.

Since A and C are tied for 11, they are the top horses. You could bet the one with the best odds, or simply pass the race. This is a very simple system to handicap a horse race and won't make you rich. Wagering on horse races is very risky and this article and system are only meant for entertainment, but it is one easy way to handicap a horse race.

If you want to learn how a horse owner and insider handicaps just go to http://horse-racing-handicapping.co/ and get the truth. Bill Peterson is a former horse race owner and professional handicapper. To see all Bill's horse racing material go to Horse Racing Handicapping, Bill's handicapping store.


View the original article here