Horse Racing Secrets of Workouts and the Ten Percent Rule

If you ask the average horse player how well he or she understands workouts, he or she would probably say, “Very well.”  While almost everyone who handicaps horse races knows how to read workout times and understands the numbers, few know how to use that information in a way to really figure out which horse is ready to win.

Every day, I see horse players look at two horses with a 36 second workout for 3 furlongs and figure each horse is equally fit and ready to win.  Nothing could be farther from the truth.  Almost everything in horse racing handicapping is relational and that is especially true of workouts.  They are part of a system that the conditioner uses to get his or her horse into the winners circle and the path is often a murky one for many bettors to follow.

It probably won’t surprise you to learn that the trainers, owners, grooms, jockeys, and others from the backstretch bet on horse races.  They are the insiders and have control over the animals that you are betting on.  So why would they show you how good the horse is with a workout when they know you’ll bet it like crazy and they won’t get good odds?

The truth is that many trainers don’t bet too much on a horse of theirs, or if they do, they do it openly and don’t try to hide the horses form.  Then again, there are others who deliberately do everything in their power to keep you from guessing that they are about to pull the trigger and go for the win.  How else would there be so many long shots and non favorites that win horse races?

The favorite in a race usually deserves to be the public’s choice and is the fastest horse in the race. So why do they only win 30 percent of the time or even less?  The answer is that the chalk is the best looking horse on paper at face value.  In other words, if what you are reading is true, then that horse is the best.  But obviously, that isn’t always the case, so what is it that you’re reading that isn’t true?

While there are some inaccuracies in the past performances, most of them are actually pretty accurate.  The problem isn’t that you are reading false information, it is that you are not really seeing and understanding what you are reading.  Workouts are facts that are recorded by professional clockers.  They don’t lie.  On the other hand, what does it mean when trainer X works a 3 year old 3 furlongs in 35?  What does it mean when the next work for the horse is a 4 furlong in 49?

Here is where the ten percent rule comes into play and if you don’t know this you’re missing some of the most vital information in horse racing handicapping.  Really good horse players know that the time and distances of workouts and the pattern is critical and can tell you who the trainer is by the pattern.  They can also tell you when the trainer finally thinks his horse is ready and will go for the win.  That is why 90 percent of the people lose and ten percent win.

If you look at workout times and take them at face value and don’t really put it all together into a logical pattern and then compare it to all other factors, you will remain in the 90 percent who lose and never know why.  Some people go to the race track for years, lose constantly, and look at those figures every day and still don’t see what they’re looking at.

The secret to workout times is in understanding patterns and trainers and applying them to different situations.

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Bill Peterson has 1 articles online

If you want to learn how a horse owner and insider handicaps just go to http://williewins.homestead.com/truecb.html 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.

Best Horse Racing System For Playing Exotics Like Trifectas and …

Whether you are a veteran horse player or just learning how to handicap horse races, you’ll probably agree that a good horse racing system will help you to pick more winners, than no system at all. Betting on horses for money is tough enough even when you have a good method, but just taking a shot in the dark based on your mood or whatever you think you’ve observed in the last day or two is certain financial suicide.

The first goal of a good horse player and therefore a good horse racing system is to preserve your bankroll. No bankroll, no bets, no bets, no profit. Therefore, if you’ve identified several good bets for the day but you are waiting to make them because you want to make sure you get good odds (always a smart move) then it is crazy to put your whole daily allowance on one or two of them and figure you will win on them and therefore have money to be the last ones. As we all know, any bet can lose and therefore you may tap out and not have any money left from your daily allowance to bet the last horse who turns out to be the best bet of the day.

You may be wondering what I mean by daily allowance. I am talking about that portion of your bankroll that you have set aside for the days bets. You should not risk your entire bankroll on any one day or any one bet. A method like Kelly betting will help you to stay in the game. No matter what handicapping system you use, a good money management system should also be a part of your system.

Now let’s talk about exotic bets and horse racing handicapping systems. I’ll be honest, I prefer straight win bets, but if you insist on exotics, like trifectas, exactas, superfectas, or the pick four or pick three, then what you need is still a method to isolate a strong contender to key on.

The difference between a system to pick winners and a contender system is that a contender system doesn’t necessarily pick a horse to win only. If you can identify one horse going off at long odds that will hit the board in any position, it can be a god key horse in an exacta or trifecta key.

When playing the pick three or other bets that rely on multiple races, then finding a race without a strong top pick but several “possibles” that will pay well to anchor your bet may also bring home a big paying ticket. While people often tout systems that rely on finding a good key horse to reduce the bet price, I say you also need a race or two that is somewhat chaotic to make the bet pay.

Therefore, depending upon your preference, the best horse racing system for playing exotics is the one that can help you to find one or more horses that suits the kind of bet that you want to make and gives you a strong key in one position or one race to anchor your bet, but not necessarily a favorite or even a winner.

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Bill Peterson has 1 articles online

The most consistent horse racing systems have to have the basics and a handicapper must understand the basics. I have been around horse racing for 50 years including as an owner. Without the basics the rest is not going to do any good. If you want to learn how a horse owner and insider handicaps just go to http://williewins.homestead.com/truecb.html and get the truth.

The Best Horse Racing Betting Books and Handicapping Systems

People sometimes confuse handicapping books with handicapping systems.  While it is true that the best books on the subject of picking wining horses may teach you the factors and a systematic method, they are not necessarily a system.  Some books on horse racing may be hundreds of pages long and yet they only really teach you one angle.

At first, that may seem ridiculous, but when you take the time to look into the subject, you’ll find that some factors are so complicated, they really do require a whole book.  The reason for that is that there is really no stand-alone handicapping factor.  Each one is related to the others and each one is affected by the others.

For instance, can anyone really consider figuring out the speed of a race without looking at pace?  If you think that you can merely compare speed figures and find a profitable angle, you’re mistaken.  Recreational handicappers and weekend players are sharp enough to read a form and notice a runner with a speed advantage.

But what if that speedy one gets into an early pace battle?  The weekend players may not have handicapped that far, but a horse player who has read the right books will know that the race isn’t always to the horse with the highest speed figures.  The reason a good horse player knows that is because he or she knows that pace makes a difference.

Following that line of thought one step farther, there are good handicapping books that teach bettors how to use the class of the horse to determine how it will handle the speed of the race.  A horse that scores a 80 speed rating in a $10,000 claiming race may come right back and score an 85 or even higher at a lower claiming price.  The reason, of course, is because the cheaper horses may set a slower pace.

That is an example where three factors all work together to determine the winner of the race.  Using a combination of factors and finding good profitable bets is a process that may require lessons on handicapping that are found in several books.  The more of these good horse racing handicapping books you read, the more you will understand how each horse racing factor plays against and with another.

But then again and this is the critical part of this whole learning process, you must also know when enough is enough and stop trying to add new angles to your playing.  Just because you read something written by a top handicapper, it doesn’t mean it always applies to every situation.  You have to figure out which bits of knowledge to use and what to leave out.

People often ask, if that handicapper is so smart, why did he write a book about it?  Why doesn’t he just go to the track and make a fortune?  The truth of the matter is that some handicappers also like to teach and sometimes teaching is easier than doing.  No matter how good you are at picking winners, there are still times when you will lose and it is more profitable in the long run to teach others.

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Bill Peterson has 1 articles online

If you want to learn how a horse owner and insider handicaps just go to http://williewins.homestead.com/bestofbill.html 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.