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Horse Racing Facts and Fiction to Help You Pick More Winners

April 17, 2012 | Comments: 0 | Views: 144

As in any human endeavor, betting on horse races and handicapping the races involves a lot of information and misinformation. Separating fact from fiction can mean the difference between winning and losing and for many people who try to make a profit from their horse racing wagers, that can amount to the difference between paying the rent of an alternative. As a man who has walked out of a race track or OTB parlor with empty pockets on more than one occasion during my career as a horse player, I know how that feels.

Much of the problem, when it comes to picking winners, is knowing what you need to know and what information is useless. Just because you know that favorites win about a third of the races at the horse races, it doesn't mean that fact will do you any good when it comes to picking a winner. Bet on favorites all day and you'll probably lose money in the long run because even though they win very often, they just don't pay enough when they do.

So before you start to worry about whether or not what you know is accurate, ask yourself which factors you want to use to pick winners and then start checking the accuracy of that information. For instance, if you want to handicap using speed, you need to find out if the figures you're using are accurate. Simply checking the speed figures of several of the top suppliers of horse racing past performances will allow you to answer that question.

My personal experience has been that the major suppliers all do a pretty good job, though contrary to what you may have heard or read, it's not an exact science. So use speed figures, but don't use the actual times of the horses. The speed figures are adjusted for things like track condition and use a variant to make them reflect the actual ability of each runner. That's one of those things you need to know, though it is academic it illustrates how something may be a fact, such as a horse's time in its last race, but it is useless, whereas the speed figure it earned is very helpful.

A few helpful bits of information can help you to form an opinion about a horse and its value and that's how you'll find those good bets that lead to a profit. Confine your betting to the top three or four horses in the betting and you'll cash many tickets. Learn to spot the ones that are a good value and you'll make money.

If you want to learn how a horse owner and insider handicaps just go to http://williewins.homestead.com/true.html and get the truth about betting on horses and winning. Bill Peterson is a former race horse owner and professional handicapper. To see all Bill's horse racing material go to Horse Racing Handicapping, Bill's handicapping store.

Source: EzineArticles
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