Horse Racing Systems – Choosing the Right Horse

Horse racing is as much as a betting game as it is considered a sport, and horse racing tips will never be complete without tips to bet on the right horse. One would ideally want to have a system or a statistical database that can provide all the necessary details over various parameters about a particular horse. Many people have worked to develop horse racing betting systems, a manual or software database giving racing details of every horse in the racing circuit which people can study to pick the correct horse they think would be likely to win them bets. Such systems are present currently for the benefit of people looking for information on their horse choices; however, there is no such system that would guarantee a sure win every time.

Horse betting systems are tedious to construct for the simple reason that they require an in-depth analysis of every horse and the enormous parameters that need to be incorporated to give a complete profile. For obvious reasons, listing more parameters will provide more information, and hence require generation of complex excel worksheets of data. As an alternative to this, software are available for the same purpose, and the numerous parameters available for use can be customized individually to generate the best fit data according to a race type or horse type.

Some websites also provide horse racing data in terms of their ratings in various races; such information is available for free access by some websites, while others require a regular subscription for the same. The downloadable data is packaged with various variables that focus on providing relevant data needed during horse race betting.

Let’s have a look at some parameters used by the system to provide horse-selection data:

• The most important factor that will determine any horse’s chances of winning would have to be its own physical status. The physical statistics determine the fitness levels of any horse and can be readily compared with similar data of other competitor horses.
• Horse racing systems often depend on financial aspects of the betting party. Hedging is a common practice used by many to deal with the uncertainty that is integral to horse racing. It can be described as an investment of betting amounts in a certain way to limit loss.
• Arbitrage is another factor which affects the likeliness of a horse to win or lose. It can be described in lay terms as placing a horse on a lower value, however at the same time placing a very high value on it at races.
• Jockey and trainer forms are also incorporated by certain betting systems when determining horse ranking.
• Drawing of lanes is sometimes considered by the betting systems as a factor that could affect a race’s outcome.

Thus, having a reliable betting system allows its users to assimilate and update their database with relative ease and is much less time consuming. The only outright downside to the system would be a somewhat rigid nature of these systems, and one must bet their selections on a daily basis else they would can easily be proven redundant.