Do you like to have the odds of winning in your favor when you bet on horse races? If you said no, then there is probably something with you, perhaps you like to lose, or maybe you just don’t understand the question. It is so obvious, it does seem like a trick question. But if you are betting on horse races trying to make a profit, then you probably do want to have the odds in your favor.
So the next obvious question is, what are the odds? I mean the percentages of winning when betting on horse races. Simply put, how likely you are to win whenever you make a bet. Do you know what the percentages of winning when betting on the favorite? many people know that the favorite wins about one third of the time, but how about the second favorite?
Just because favorites win about a third of the time, it doesn’t mean that is the situation at your favorite track. That percentage varies from track to track, race type to race type, and season to season. At some race tracks, favorites win less than 30% of the time. In some types of races, favorites win more than 35% of the time.
If you want to have a better chance of winning, find out what the percentages are at your favorite track. There are too many tracks to list here and too many types of races. But there are statistics available online and through the providers of programs. Chances are, if you buy a program at your local track, it will have some of that information available.
Another way to learn what is winning at your track is by following the races yourself. Some track’s charts are published in a local newspaper so you can easily have a hard copy of the odds of each winner and also the conditions of the race, for instance, claiming for 3 YO Fillies, or Allowance for Horses, Colts, Gelding, 3 YO and Up.
Keep track of the statistics for each group and you’ll soon learn which races are the most formful and easiest to handicap. Then, use the stats to find the races where betting on the favorite is more advantageous and where betting against the favorite makes more sense.
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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.
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