How Horse Racing Systems May Help Win Bets
Horse racing systems are sets of ‘rules’ used by a punter to decide which horse to place his money on. ‘Punter’ is slang for someone who bets on horse races. In the same way that the successful stock market investor would not dream of placing all his money in a single stock, the smart punter will maintain a ‘portfolio’ of systems to take account of performance fluctuations.
The ‘favorite’ in a race is the horse with the shortest odds. If a horse has odds of two to one, this means that for each dollar bet, the horse pays two dollars if it wins. Odds of one to two mean that it will only pay fifty cents on the dollar if it wins. The reason it has the lowest odds of all the horses on the field is because it has been selected by the largest number of people. The bookies shorten the odds to minimize their losses if this horse wins. Betting on the ’second favorite’ is an example of a popular betting system.
The second favorite has just as good a chance at winning the race as the favorite, but it has longer odds. This means that the payout will be greater. Apparently, this system of betting is more effective on grass, or turf courses. It is not clear why this should be so. It has a one in four ’strike rate’, or chance of succeeding.
One strategy with an even higher strike rate than second favorite betting is to choose what is known as a ‘beaten favorite’. This is a good horse, early in its career, that was the bookies’ favorite in its immediately previous race but it did not come in first on that occasion. Again, these horses are underbet, even their chance of winning is every bit as good as the actual favorite. With a strike rate of nearly fifty per cent, this method is also more applicable to grass course.
The next day runner system is another one that seems to work better on grass courses. These are horses than ran ‘yesterday’ and are favored to win ‘today’. These are extremely underbid and hence have longer odds.
When the race takes place on an artificial surface, this is known as ‘all weather’ racing. These courses attract different strategies to betting, although it is unclear why this should be. The rules for these courses tend to be more exacting than for turf courses. A good bet is a horse that has raced in the past four weeks, including three days prior to the current race. This strategy has been shown to be more successful for male rather than female horses.
Another sport that attracts a lot of punters is greyhound dog racing. Here, the runners chase an artificial rabbit. Where there are bettors, there are betting strategies. These are slightly harder to find over the internet. A lot of them involve using computer software.
Using horse racing systems may or may not improve your chances of winning a bet. It is possible to become addicted to gambling. Never, ever, bet more money than you can afford to throw away.
To find out the real truth about horse racing systems take a look at this.
Tags: Betting Strategies, betting systems, Gambling, Horse Racing Systems
