18 February 2008

Horse Race Handicapping College - Thoroughbred Horse Racing 2% Club

Kentucky Derby Countdown:
74 Days Until May 3rd and the 134th Kentucky Derby

Thoroughbred Horse Racing 2% Club

There are an unlimited number of ways to earn money. You can get a job, you can have a business, you can invest, or you can become a horse race handicapper.

Of all these modalities for earning money the one with a higher return on small investments but with the biggest risk is the one we all know about; horse race wagering. Known in the industry as horse race handicapping.

But how risky is betting once you have identified and characterized the phenomena you are using for your betting goals? I would answer that the risk goes down to the level of standard investments and even a standard business. This means you can make money consistently, but only when you have the discipline and focus to apply your education and always without exception not straying from strict money management guidelines.

It is a fact that hundreds of millions of dollars are won each week at the horse races but only about 2% of all horse race handicappers manage to make a living from horse racing handicapping. They are not just “chance” players. These are the guys that have managed to characterize the phenomena, in this case “horse racing”, such that they have learned how to invest in “horse racing”, without risking unnecessary capital.

In other words-"Never, Never, Never, wager with money that you cannot afford to lose."

So when we talk about making money from horse racing betting, we’re not talking about a few ‘freak’ or lucky wins in a month. That’s still just “chance” or being “lucky”. What a serious and professional horse race handicapper must be aiming at, is to consistently profit, week after week and year after year from his racing bets.

Education is always the 'Gold' Key to success. If you are an educated horse race handicapper, you increase your odds dramatically in becoming a long term successful horse race handicapper and being part of that 2% Winning Club.

If you decide to play in this game, do not play without the proper education.

Horse racing handicapping and wagering, although a legal form of gambling, does not guarantee that the risk of losing your money has been eliminated.

Always wager with money that you can afford to lose, do not violate your money management rules, and do not be greedy, there will always be another horse race to wager on.

Fact: Only 2% of all horse race handicappers actually make money wagering.

Visit http://www.HorseRaceHandicappingCollege.com for more information.

17 February 2008

Horse Race Handicapping College - Thoroughbred Horse Racing Long Shot Factors

Kentucky Derby Countdown:
75 Days Until May 3rd and the 134th Kentucky Derby

Thoroughbred Horse Racing Long Shot Factors

Successful Horse Race Handicappers have determined that playing Long Shots can be very profitable. Although, it is not suggested that one play Long Shots all the time, horse race handicappers that selectively play them when certain factors are considered have cashed in some large winning tickets.

Here are just a few factors to consider if you elect to play that Long Shot.

The Class Factor- If a horse has been finishing worse than 3rd or 4th in most of his starts, you should not immediately disregard him. Even if he has been finishing 5th, 6th, 7th, etc... Look to see if he has been beating a substantial number of higher class horses than those he will face today.

The Erratic Horse Factor- If a horse has run at least one good race at today's distance, and at the same class level as today's race, and the races prior to that good effort, and since that good effort, are too bad to be true, he may still be worth a bet. [the horse has shown that he has the ability to win, when he is ready]

The Hidden Class Drop Factor- A horse that goes from a starters allowance race to a regular claiming race at the same price is actually dropping in class. A horse that goes from a regular claiming race to a claiming race restricted to horses bred in a certain state is actually dropping in class. A horse that goes from a regular stakes race to a restricted stakes race is actually dropping in class.

The Productive Race Factor- Learn to keep track of how horses in various races later perform. This is particularly important in races for young horses. Young horses of unknown quality, will through the effect of statistical probability, find themselves in various groups.

Keep track of how the horses in a given race do in their subsequent efforts. If you notice that several of the horses have improved considerably in their later or next race, you might assume that the other horses of that race will likely improve as well.

Irregular Race Pattern Factor- A horse that runs an irregular race pattern is particularly impressive when it occurs in his first start or after a long layoff and may signal that the horse has unnoticed talent.

Past Performance Record Factor- If a horse shows nothing positive in any of the races that are shown in the Racing Form, then look at the year's record. You may notice that the horse has shown the ability to win in the past. [this may be the day]

When considering the above factors, also consider the following, knowing that the professional horse race handicapper is doing the same.

[horse earning's this year compared to the other horses in the field, significant jockey change?, equipment change?, drop in class?, significant speed in recent races?, better workouts?]

Horse racing handicapping and wagering, although a legal form of gambling, does not guarantee that the risk of losing your money has been eliminated.

Always wager with money that you can afford to lose, do not violate your money management rules, and do not be greedy, there will always be another horse race to wager on.

Fact: Only 2% of all horse race handicappers actually make money wagering.

Visit http://www.HorseRaceHandicappingCollege.com for more information.

16 February 2008

Horse Race Handicapping College - Thoroughbred Horse Racing Using Beyer Numbers

Kentucky Derby Countdown:
76 Days Until May 3rd and the 134th Kentucky Derby

Thoroughbred Horse Racing Using Beyer Numbers

The Winner of the horse race is determined by the fastest horse covering the specified distance. Speed is defined in many ways, especially in horse racing. Speed in a 'Sprint' Race is far different than Speed in a 'Route' Race.

Andrew Beyer, the de-facto expert on Speed and the founder of the Beyer speed ratings/Beyer Numbers states that Beyer Numbers are only interchangeable between distances only when a horse is equally efficient at both distances.

Professional horse race handicappers are well aware of this, and will use the Beyer numbers as a reference point only and will not rely on them totally in their horse race handicapping analysis.

The Beyer figures are suppose to equalize the variance that can be attributed to track variance. In other words, a 75 earned on a good or muddy track should be the same as a 75 earned on a fast track. Sounds good, but successful horse race handicappers know from experience that that is just not the case.

As you refer to the Beyer figures more and more, you will probably notice that the figures earned on a good, slow, or muddy track appear to be low. Thus, you will probably notice that a horse going from one of these tracks to a fast track would often gain 5-25 points.

Beyer numbers earned on sloppy tracks; however, seem to be fairly equivalent to what a horse would normally run on a fast track.

Bottom Line- Always refer to the Beyer Numbers in your horse race handicapping analysis, but use them as reference only. Do not use them as the primary reason to pick a particular horse.

Horse racing handicapping and wagering, although a legal form of gambling, does not guarantee that the risk of losing your money has been eliminated.

Always wager with money that you can afford to lose, do not violate your money management rules, and do not be greedy, there will always be another horse race to wager on.

Fact: Only 2% of all horse race handicappers actually make money wagering.

Visit http://www.HorseRaceHandicappingCollege.com for more information.

15 February 2008

Horse Race Handicapping College - Thoroughbred Horse Racing Workout Value II

Kentucky Derby Countdown:
77 Days Until May 3rd and the 134th Kentucky Derby

Thoroughbred Horse Racing Workout Value II

Many good horse race handicappers have pointed out the importance of workouts and some have come up with methods to use the data compiled from the workouts.

Since all athletes must train no matter how much raw talent they have, workouts are a good place to start evaluating a horse to observe it's fitness.

Race horses are professional athletes and they train like professional athletes. You can go to spring training camp and watch baseball players train. You can go to a race track in the morning and watch horses train or better yet, you can let someone else watch them for you and then report back to you.

Of course, I'm talking about professional clockers. They time workouts and then print the results in The Daily Racing Form, other publications, and of course various internet web sites.

A fast workout indicates the serious intent of the trainer and the ability of the horse. The best way to get an idea of how fast a workout really is, is to compare it to other workouts at the same track on the same day.

When they meet certain criteria; they show a standout workout that most horse race handicappers have overlooked or not even considered. A perfect opportunity could be waiting.

Successful horse race handicappers will use this workout data in some form. The choice is yours, whether you use it.

Horse racing handicapping and wagering, although a legal form of gambling, does not guarantee that the risk of losing your money has been eliminated.

Always wager with money that you can afford to lose, do not violate your money management rules, and do not be greedy, there will always be another horse race to wager on.

Fact: Only 2% of all horse race handicappers actually make money wagering.

Visit http://www.HorseRaceHandicappingCollege.com for more information.

14 February 2008

Horse Race Handicapping College - Thoroughbred Horse Racing Effective Betting Strategy

Kentucky Derby Countdown:
78 Days Until May 3rd and the 134th Kentucky Derby

Thoroughbred Horse Racing Effective Betting Strategy

Do you know what makes a good horse bet strategy?

Horse race handicappers all over the world have been exploring and will always seek the most profitable ways to make regular profits from horse racing.

Some have claimed to have come up with very profitable systems. After testing these systems, I have discovered that most are mathematically flawed, and will fail over the long term. I personally have purchased over 25 of them in the last 20 years. Although the information is generally good; most of the systems are only looking at a very limited number of variables.

A good horse wagering strategy should always have a decent to high success rate.

On top of that, the wagering plan must ensure that you can come out a winner over the long term. Without a well thought out wagering plan, combined with a solid money management system, it is almost impossible to profit from horse racing due to the many uncertainties and variables in every race.

The price of a horse is a general indication of its chances of winning or placing in a race. This may not be true all the time because a horse's price is also based on public opinion, which may not be correct all the time. The more experienced and successful horse race handicappers with a good horse wagering strategy will be able to profit from this situation, in terms of getting value for their bets. This is usually how professional horse race handicappers make a living with horse betting.

Horse racing handicapping and wagering, although a legal form of gambling, does not guarantee that the risk of losing your money has been eliminated.

Always wager with money that you can afford to lose and do not be greedy, there will always be another horse race to wager on.

Fact: Only 2% of all horse race handicappers actually make money wagering.

Visit http://www.HorseRaceHandicappingCollege.com for more information.