Search:

Home | Recreation And Leisure | Gambling


Why Do So Many People Lose So Much at Horse Racing?

By: Christopher Temple

Most racing punters lose money. You are probably one of them? In days gone by your losses usually found their way into the banks of the bookies, more recently a fair proportion will have been pocketed by smart punters who use the betting exchanges to take you on. Today, even with an even-money chance against other punters, you and the other 98% will still lose.

Why is this? There is a huge amount of useful data available to you, and with the advent of the personal computer you are able to freely download and process that data in order to help with your selections. Yet still you lose.

I maintain that it's the system you are using (if you are using a system at all). A good system makes all the difference. Once you come up with a system that actually works (and works for you - which is most important), you will be well on your way to long-term success.

It is widely believed that only the experts and the professionals can craft, develop and complete winning horse racing systems, this is not true. Almost anyone is capable of designing a wining horse racing strategy. Including those who know little to nothing about horse racing betting systems.

Could you be one? Well, it does take a calm, commonsense approach, and if you are not cool and logical, and are prone to bet on such unscientific parameters as a horse's name or the jockey's colours, then you are going to have to change your habits or continue to fail.

There is a huge amount of form surrounding each horse, and all of that data is readily available to you in order to make your selection. There is also a huge amount of statistical data, and the best winning horse racing systems tend to use some sort of combination of the two. The last and sometimes the most important facet of any racing system is intuition, and this you can only develop with experience. You can't bottle it and sell it, and it's very hard to teach or transfer. It's all about experience.

Form (data) relates not solely to the horse you are researching, (whether it's improving or fading, whether it likes the conditions, whether it likes running after a long trip etc) but particularly to the form of the other horses in the field. It's no good just selecting a horse which is coming into form and ignoring the fact that several other runners are also coming into form too (which is highly likely).

Then there is data relating to other things like weather (is it going to rain, does he like heavy going), track (has he won here before, and if so -how long ago), quality and standing of the jockey, draw (is the horse drawn near the centre of the line or to one side, and if so is it the better side or will he be at a disadvantage there).

Also take into account the quality and recent form of the trainer - are his other horses doing ok too? Is he in the top 20 or (even better) top 10 trainer lists?

Another valuable snippet of information which it is always wise to know, is how far the horse is travelling to take part in the race. A trainer will not subject his horse to a long journey just to get some on-course training. No, if he is taking his horse a long distance (say 250miles in the UK), then he probably thinks his horse has an very good chance of a win (and he's better placed than you to know).

Other important data includes the horse's age, sex, how long since it last raced, its best distance compared to the distance it will be running this time), and so on. The difficulty is in deciding which data to give weight to, and how much importance to give to it in relation to the other information you are using for your new horse-racing system.

I conceive what I hope are winning horse racing betting systems, I also review and test other people's betting systems too. I can tell you with some certainty that many of the very best and most profitable racing systems now available were developed by gifted amateurs (well I suppose we're all amateurs really, you can't go to any college and learn this stuff).

To me, system-creation is an evolutionary process. I rarely start with a clean sheet (even when I try to). Invariably I use characteristics of other systems when I start out - however hard I try to avoid it. It is sheer madness to ignore what works well just so that I can claim that my new creation is totally new. In any case, users are not interested in totally new, they are only interested in totally profitable!

A final observation: - If I was to give a winning system to four testers and ask them to try it for a month, exactly as I designed it, they would return with radically different profits! Strange eh? However hard we try, even when using the most automatic of systems, any human interaction with that system leads to widely varying performance. But that is for another story

A deduction I almost always make after testing a horse-racing system, (and I have carried out several), is that the biggest difference between a winning racing system and a losing system is the character who uses it!

If you would like to learn about my latest system, or look at my reviews and info on other horse racing systems, do visit my sites. They also contain a large amount of very useful and interesting horse racing articles, racing information and betting system resources.

Article Source: http://www.topicinfo.com

Chris Temple has a successful forex career. He has authored many titles on Forex, winning horse racing systems and on finding the best winning horse racing betting systems
Click here for other unique winning horse race systems articles.

Please Rate this Article

 

Not yet Rated

Click the XML Icon Above to Receive Gambling Articles Via RSS!
Additional Articles From - Home | Recreation And Leisure | Gambling
Sign Up for a free account or learn more.
Submit Articles
Member Login
Top Authors
Most Popular Articles
Submission Guidelines
Ezine Notifications
Article RSS Feeds
About Us
Submit Link
Contact Us
Privacy Policy
Terms of Service

Powered by Article Dashboard