To make money betting on horses, you don`t need inside information or luck. The best way to beat the bookies is by using logic - the same logic they use themselves.This incredible but simple system was designed by a mathematician who knew nothing about racing. He simply used common sense and proven mathematical laws to turn a small starting bank into a small fortune.
The fact is, most people lose money because they don`t have a system and they fail to understand that mathematics is the governing force, not luck, form or instinct.
The challenge of betting on horses is to collect and analyze information and then make a sound judgement on what to bet on, what type of bet to place and how much. To create an opportunity to be a winner, you need to take into account three main factors, analyze them and act on your findings accordingly. These are:
The odds offer (Price)
The value of the odds (overpriced or underpriced?)
The type of bet (single, multiple, combination, etc.)
The odds offer should be at least 2:1 to make it worthwhile. If necessary, choose a selection with a slightly higher risk to prop up the price. The value of the odds must be such that the sportsbook`s commission is to a minimum, if at all. Some selections get `steamed` unnecessarily. When this happens, the `favorite` price lengthens. Take advantage of those situations.
Begin by looking at the racing form. These forms are available at the track, at newsstands, and are now available online. The best place to begin when handicapping the horses is to look at the trainer and jockey. Some people also look at the past performances, but for the most part, it is too difficult for you to gain too much out of past races. You can, however, easily pick up on trainer and jockey percentages. This can eliminate a great many horses from your handicapping process and is the first place You should begin.
Always go a little bit more in depth and look at horses that are suited to a particular course or a particular surface. Some horses run better on grass than they do on dirt and some horses are suited to a particular distance. This last part is really true, as some horses are bred for stamina while others are bred for speed.