Most people think it’s difficult to make money betting horses. But as you are about to see, this is a false assumption. The horse racing method you’re about to see is extremely easy to use. It will be profitable for anybody who has the initiative to follow through the system’s simple rules.
I will teach you the rules, and then I will explain why the method works and review its strong points and disadvantages.
Here are the Three Rules
First: The race must be a claiming race with the exception that it can’t be a maiden claiming race. The way to tell if the race is a claiming race is by looking at the race description in either the past performances or the track program.
Second: Calculate each horse’s lifetime earnings per start (LEPS). Use this simple equation to calculate the LEPS: (lifetime earnings) / (lifetime starts) = (lifetime earnings per start). Look for the horse’s lifetime starts and earnings in the upper right corner of its racing listing.
Third: Bet the horse to win with the largest lifetime earnings per start (LEPS) if the horse’s closing odds are 8-to-1 or higher.
Why this Horse Handicapping Method Will Make You Money
Horses have different levels of ability. That is why there are different levels of class in horse racing. As long as a horse is in good form, he will be an easy winner if he is entered in a race at a much lower class.
When a horse meets the requirements of these rules, he will almost certainly have won races in much higher class levels in the past. The horses selected by this system as a rule can not win at their old class because they have suffered injuries. So they become “betting tools.” The trainers keep these horses in the stable because they are looking to use them to make money cashing large bets. The trainer knows that if the horse can return to its former form even if it is only for one more race, it can easily defeat the cheaper field in the race he is running in today. So because of manipulation by the trainer, these horses do win and often win suddenly without showing any signs of improvement. Also because of trainer manipulation, these horses will pay long shot odds when they win.
Strengths and Weaknesses Using this Method
This system is a big money maker over the long run and will steadily return a profit of over 25% on each dollar that you bet. The weakest feature of the method is the percentage of wins which will only average from 10% to 14%. This means that if you use this method you should expect many streaks of consecutive losers.
According to the laws of probability, the size of consecutive losers you can expect from any system is governed by the method’s win percentage. If as an example, let’s say your win percentage was about 14%, which is winning about one out of every seven bets. You should expect at least one losing streak of 34 consecutive losers in every 1000 bets. So making the assumption of 14% winners, we should also expect see 27 losing streaks of 10 or more losers in a row for each 1000 horses bet. This would mean that you would be in a losing streak of 10 or more consecutive losers about 37% of the time while using the method.
Most horse players don’t realize that one of the most important factors to evaluate when considering a betting system is the percentage of winners. If you are looking for a handicapping system with a much greater percentage of winners than this method, you may want to consider “The Indicator Handicapping Method” which is the featured handicapping method at my website, turfanalyst.com.
About the Author:
The inventor of the Indicator Handicapping Method, Mike Beale, is also known as the Turf Analyst. As an active handicapper for over thirty years, Mike brings his own unique approach to handicapping horses.
You can download a free horseracing handicapping e-book at his website:
http://turfanalyst.com You can also view a supplement to this subject at:
http://turfanalyst.com/betting-systems-horses.html
About the Author:
About the Author:
The original developer of the Indicator Handicapping Method, Mike Beale, is also known as the Turf Analyst. The logic and ideas that Mr. Beale brings to his handicapping are truly useful and are based on over thirty five years of experience as an active handicapper.
You can download a free horseracing handicapping e-book at the Turf Analyst website:
http://turfanalyst.com
You can also view a supplement to this subject at:
http://turfanalyst.com/betting-systems-horses.html