How to Become a Better Horse Racing Handicapper in Thirty Days …

Would you like to win more and lose less at the horse races?  Are you trying to figure out how to finally make a profit at the horse races?  As the economy gets worse and more and more people are out of work or struggling, betting on horses to make money becomes more appealing.  I have to warn you, however, trying to make a living by betting on horses is extremely risky and very difficult.

On the other hand, if you keep your bets within your budget and really work at it, you can become a better handicapper.  That is no guarantee that you will make a profit, but if you improve, you may.  Ask yourself this right now, and be honest, “If I could do one thing for thirty days that would make me a better handicapper, would I do it?”

If you said yes, then read on, if you said no, then you can stop right now.  You’ll have to find some other way to win.

For those of you who really do want to be a successful horse racing handicapper, here is  a simple though somewhat time consuming method to improve your game.  Choose your favorite track and your favorite bet and this will be the basis for all future research.  That doesn’t mean this is the only bet you can make, but rather, that it will be the one bet we concentrate our efforts on for the purpose of research.

For the next thirty days or thirty times you go to the races or bet on the races, I want you to choose your best bet of the day and write it down in a notebook.  It should have its own separate page in the notebook and each subsequent bet will also have its own page.  One wager, one page is our method of keeping track.

Imagine that you are in a handicapping contest and you get to pick one wager each day and this is the one.  After you have chosen it and written it down, there is no turning back, so make sure before you do it.  You can’t scratch it out or change it.  If the horse gets scratched, then you don’t have a bet for that day and will have to just wait until you do have thirty wagers to complete the process.

Not only do I want you to write it down, but I also want you to write down the amount wagered on it, even if you only make a paper bet.  This is the big part of the exercise.  I then want you to write down why.  Go into detail.  “I think this is the fastest horse and will win,” isn’t good enough.  Why is it the fastest and why is this a good wager?  A good wager not only has a fairly high probability of coming in but also pays back enough to make it profitable.

So why will this runner win and why are the odds high enough to make it a good wager?

After thirty days I want you to rip the pages out of the notebook and lay them out on a large table or on the floor.  Now start poring over them and looking for keywords.  First of all, circle the winners in one color ink and circle the losers in another color ink.  Then find keywords and circle each one in a different color.  For instance, speed fig might be one keyword.

Which keywords and which situations were profitable and which ones lost money?  Maybe you’ll circle all your winning wagers in green and your losers in red.  Maybe you’ll notice that a lot of your losers also have a lot of blue ink you used to circle speed or class.  It is a very good bet that if you do this and have thirty wagers laid out in front of you with a color key, you will very quickly spot your strengths and weaknesses.  It will be an eye opening experience and will help you to improve your game.