Monday, December 26, 2011

Horse Racing Handicapping Steps to Picking Your Best Bets

You probably want to make a profit betting on horse races if you handicap them, but like most people, you probably also struggle with that.  Some people are merely recreational horse players while others work at it like a full time job.  No matter where you may fall  in that wide spectrum of effort, you no doubt have good days and bad days.

As well as good days and bad days, you also must have bets that pay off and the ones that seemed so good when you made them but went South.  If only you could separate the really good wagers from that stinkers, you'd be ahead of the game, right?  I can't guarantee that these steps will make you a winner, but I can tell you this: organizing your thoughts and learning to separate the best bets from the worse will make you a better handicapper and horse player.

First, let's set the record straight.  This article is about horse racing bets, not the actual factors for picking winners.  It is about evaluating the runners and then deciding which ones might be the most profitable based on their chances of winning.  So there are two components to be considered.  Ability is the first one and price or payoff is the second component.  Ability means how fast and far a horse can run.  Payoff means the odds and what you'll get back for you risk or investment.

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