Friday, September 21, 2007

Horse Selection Criteria #5

If the horse's barrier position is between 1 and 8, then give the horse 1 point.(The reason for this is that this group of horses wins over 80% of all races. The closer you are to the fence the less ground you cover, from a jockey’s point of view, it’s easier to give the horse every chance to win)

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Wednesday, September 19, 2007

Horse Racing-Best Tips


If you want to make money from using the horse racing tips, you need to have an open mind. There are persons who believe that making money from horse racing is impossible or not very dignifying, whilst there are others that believe that it’s as simple as betting on the favorites.

There is another category of people who believe that the real earnings come from betting on the horses with the biggest odds over and over again and then praying for a miracle. Well, while these systems work if you have some luck and they work for the amateurs, there are other methods that can make you a constant winner.

I don’t know if you have heard this fact before, but the favorites win only about 33 out of 100 races. This is a number which shows that you will be losing 67% of the times you bet on the favorite. What’s even more important is that the favorites never pay well, so if you are thinking about a long term betting career based on betting on favorites, you would better think again.

However, money can still be made by betting on favorites because each race is different in its own rights. Another aspect that needs serious consideration is how much you stake in a bet. The most common bet bears the name “across the board”. When you make this bet, you wager on the horse to win, place and show.

If you are lucky and the horse crosses the finish line first, you win all three bets. Betting to show is the most conservative bet in horse racing, and the rewards are likewise. It’s not uncommon to pay as low as 20 cents on the dollar. Inexperienced bettors place a show bet “to be safe,” but that’s not really very productive. Unless the horse has a good price (odds), placing a bet to show bet is not recommended.

If you want to bet on a specific horse, the best way to go about it is bet to win and even place, but never show. For instance, if I told you I have a tip that you might win 33% of the time, and it will pay 1-6, which means you bet $6 and win $1, would you take this? Of course you wouldn’t. In the end, it’s the manner in which you place your bets and the amount you stake that is going to bring your success in the long run.

If you want nothing more than make a single race more exciting by betting without much research, that’s fine. However, if you want to make a second income from betting, it’s better if you take notice of these two basic horse racing tips presented here.

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How to get Profitable Horse Racing Tips from an Ex-Jockey

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About Kim Bell

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