Horse Racing Handicapping Long Shot Bets Based on In The Money Percentages

Winning money betting on horses can be thrilling, intoxicating, addicting, and downright dangerous. If you get the bug for cashing bets on horses at long odds you're going to spend a lot of money and probably lose more than you win. That is one of the sad facts about handicapping horse races.

The money that the track takes out of the pools is so high, it is almost impossible to make a profit betting on horses. There are a few people who manage to make more than they lose, but they are the exception to the rule. Therefore, whether you play favorites, mid priced horses, or long shots, you should be cautious and look for the best value you can find.

One way to gauge a horse's ability is to look at how many times it finished in the money, that is first, second, or third. This is especially important in cheap claiming races where the owner is probably spending a lot to race a horse in races where the purses are cheap.

In cheap claiming races, horses that finish in the money often are earning checks for their connections and maybe even paying their own way. These "bread and butter horses," as they are often called, are often very good win bets even if they appear to be over matched by one or two other horses in the race.

The thing you must bear in mind if you're handicapping a claiming race is that these horses didn't make it to the bottom of the claiming ranks by being predictable or holding their form. The horse who has just put in a good performance and appears to be ready to win today could just as easily throw in a clinker and run out of the money. On the other hand, the runner who always seems to find it's way into the trifecta may be the winner today.

Consistency is the rarest of all qualities in cheap races, not speed, class, or pace. That's because consistency and form are both based on soundness and most cheap claimers have a physical problem or two or maybe they just lack athletic ability. Whatever the case may be, horses who can find their way into the money time and again do win occasionally.

Their ability to hold their form and to run competitively is the most important factor and therefore should be considered above speed, pace and all the rest. You will often find them at long odds simply because other horses seem to have more speed or class or the pace scenario seems to be working against them. Ask yourself this question, however, how do they always seem to make it into the money at the end of the race? The answer is obvious, they overcome adversity and that is exactly what makes a good longshot bet.

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.

View the original article here

Horse Racing Tips - A Punter's Best Friend, Save Time And Money

The harsh reality is that the horse racing industry flourishes on the backs of punters. Punters put their hard earned money on the line everyday; into a system which is designed to take that money away from them. There are many such systems out there that are structured against those participating.

Have you ever put a dollar into a slot-machine? I bet you have (pun intended), and the reality is that the machine is fixed to only return approximately 80 cents back to you - and that would be a good machine! So you win your 80 cents back, put it back in, and this time it's going to return 64 cents. You cannot win in the long term against such a system; it will take its cut straight out of your pocket.

Bookmakers and TABs all pay the racing industry commissions from the money they make from punters. And they make sure that they make that money, when they frame a market. On average the TAB will make 17% profit on a race, so when you hear someone saying "I took money off the bookies today", they're wrong. The bookies don't lose in the long run. Sure they might make a mistake and badly frame a market but they aren't in the business for charity, the money won by others is the money left over after the bookie takes a cut.

While the slot-machine is a no-win gamble, we punters are playing with a handicap. That doesn't mean we can't win, but it is not easy.

Anyone espousing an easy win is lying to you. It takes years of research, dedication, hard work and most likely a financial loss of some sort. Take a look at the people sitting around the TAB, staring at screens and putting on frenzied bets with a few seconds left to go. There's very little structure, thought, or research put into it, and the occasional win hooks them in further, mistakenly thinking that they are on the right path.

If you do what everyone else is doing, then the results you get will be the same as theirs. 98% of punters lose money in the long term, because the system is structured against them.

To win, you need to put in the hard work, or leverage off someone else's. Either way there is a cost, so if you want to get into the 2% of winners, be prepared to pay the price.

Guy is a horse racing analyst, systems developer and experienced punter.

Expert horse racing tips developed with hard work, research, sweat and tears. Find out more about how we can help you at http://tipping.guild.net.au/.

View the original article here

Money Mistakes That People Make at the Horse Races

Here is one of my favorite sayings, "Good money management will get you through times of bad handicapping better than good handicapping will get you through times of bad money management."

That is the truth and whether we horse playing gamblers like to admit it or not, unless we are fiscally responsible, no amount of winners will save out bankroll. When it comes to the financial side of betting on horse races, we have to think like accountants and treat wagering on horse races like a business.

The colorful characters and spectacle of beautiful thoroughbreds, the drama of the thousand and one human interest stories notwithstanding, horse racing, with all its thrills, is still a grind when it comes to making it pay. I found that out as an owner. When you're paying vets and grooms and trainers, as well as buying feed and supplements, you have to keep track of every dime and will have to account for every penny if you want to survive.

What is true on the backside is true in the grandstand and clubhouse. The horse players who keep track of their bets and know what they are doing are the ones who have a chance to make money. Admittedly, it also takes a good systematic approach to handicapping or choosing bets, but it all starts and ends with money management.

I realize that many of you who play the horses don't want to feel like a bean counter at the races. The people who seek recreation and a chance to get a respite from everyday life don't want to account for every penny spent at the races. That's understandable, if your goal is to have some recreation and to be entertained.

On the other hand, if that is how you operate at the races, don't be surprised if you wind up losing whatever you bring into the track, because you'll be playing up against people who take handicapping very seriously and who play to win.

I like to compare the need for profit with the need to gamble to find out where a horse player falls on the scale of professionalism. The more your need to gamble, for whatever reason, the more caution should be used and the more you should limit your race track spending.

If all you want to do is bet every race and see if you can cash some tickets, just for fun, there's nothing wrong with that as long as you only spend money you can afford to lose. One of the best ways to do that is to only bring as much money as you can risk and leave the rest at home. While we're on the subject, leave the debit and credit cards at home, too, because they now have those tempting ATM machines at the races.

If you are serious about making a profit from betting on horse races, then I suggest you start writing down all your wagers just as though it is a business. If you don't want to do that, in my opinion, you are a recreational gambler, and there is nothing wrong with that, as long as you admit it to yourself and only risk what you can afford to lose.

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.

View the original article here

Easy Horse Racing Systems and Basic Money Management

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.

View the original article here

NFL-lockout vote: municipality of score players will lose both money and public relations battle

If I "am Michael Jordan out of retirement, that he did it, returned with two words back."

The NFL lock can end up very well as well.

ESPN's John Clayton reported that NFL said owners of the League, to be prepared, on new CBA between 3.30 pm and 5:30 P.m. EST today vote evening. Yes, as it is today. Sit back and drink for a moment. Since March, we start was anticipating and then to the current block. It could end all today.

While the emotions run high and fans start to free the look ahead Agency, the preseason and any of the 9/11 season opener, prepare for removal, see tons of articles who won this thing. It is not really debatable.

Must read: 17 notable rookies sure to bust in the NFL

The owners come way ahead on this, no matter how you look at it.

Owner retained 52 percent all football sales - the players actually wanted a 50-50 split. This is but one point that really does wonder me why the lockout was launched anyway. The players and information will show, took the same deal in fact, that the owners were in March to offer.

The owners wanted a rookie wage scale - one will put in place this offseason. Owners wanted more money for veterans, they have it. What fight the players in this lockout? Frankly, someone please tell me what the players won here?

Owners get a product on the field without losing games to the lockout, reinvest, who dearly in the long run might have cost.

The players were able to get up and really fight for what they wanted (less training camp, not another two days, more revenue pie, etc.), but eventually she fell property. They have also, on the way, a sour taste in the mouth of many of of so greedy, selfish, and ignorant.

End the lockout? A NFL trade would happen each team to see how

You have four players a contract regardless of which around 1,900 players you supposedly just lying around players who openly take advantage on the timeline, to their agents and attempts, changes at the last minute in Plans…all it to represent, is used to convey attempts to alienate the fan base and the general public by the players.

While at the end of the day, we all will be happy that the lock finally is over, once lucky enough it subsides, it is clear that the owners won the day.

***

By Matt Miller featured bleacher report NFL columnist

View the original article here