Horse Racing Systems
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.
Every race has a 'favorite'. This is the horse that the most people believe has the best chance of winning. Since the bookie needs to win more money on bets than he loses, the favorite is also the horse with the shortest odds. Betting on the favorite is the 'safest' bet because they are likely to win. The drawback, however, is that they won't win a lot of money. One system used by investors is to bet on the second favorite. This is the horse with the second-shortest odds.
Because the second favorite has longer odds than the favorite, the payout will be higher. In reality, the chances of it winning are not a great deal lower than those of the favorite. This system is commonly used for races conducted on grass, or turf, courses. This method has a 'strike rate' of one in four. In other words, if you place four bets using this system, you have a 25 per cent chance of winning one of them.
Another system with a higher strike rate than betting on the second favorite is to select a 'beaten favorite', a promising horse earlier in its career that was favored in its last race but did not win. These runners tend to be underbet, although they have a good chance of winning. The strike rate using this system can be as high as 50 per cent. This system also works better on turf courses.
Another method that gives good results on grass courses is the 'next day runner'. This is a horse that ran the day before and is today's favorite. Again, these horses have good odds because they are underbet.
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 popular betting sport, at least in the United Kingdom, is greyhound racing. A pack of dogs chase an artificial rabbit. This breed of punter uses a different sort of system and tends to use 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.
Every race has a 'favorite'. This is the horse that the most people believe has the best chance of winning. Since the bookie needs to win more money on bets than he loses, the favorite is also the horse with the shortest odds. Betting on the favorite is the 'safest' bet because they are likely to win. The drawback, however, is that they won't win a lot of money. One system used by investors is to bet on the second favorite. This is the horse with the second-shortest odds.
Because the second favorite has longer odds than the favorite, the payout will be higher. In reality, the chances of it winning are not a great deal lower than those of the favorite. This system is commonly used for races conducted on grass, or turf, courses. This method has a 'strike rate' of one in four. In other words, if you place four bets using this system, you have a 25 per cent chance of winning one of them.
Another system with a higher strike rate than betting on the second favorite is to select a 'beaten favorite', a promising horse earlier in its career that was favored in its last race but did not win. These runners tend to be underbet, although they have a good chance of winning. The strike rate using this system can be as high as 50 per cent. This system also works better on turf courses.
Another method that gives good results on grass courses is the 'next day runner'. This is a horse that ran the day before and is today's favorite. Again, these horses have good odds because they are underbet.
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 popular betting sport, at least in the United Kingdom, is greyhound racing. A pack of dogs chase an artificial rabbit. This breed of punter uses a different sort of system and tends to use 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.
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