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How To Find Good Horseracing Longshot Bets

Of the millions of people who bet on horse races every day, many are good handicappers and can accurately estimate a horse’s chance of winning. Think of the betting pools as an open market where the shoppers get to set their own price on the products being offered. That’s what happens in pari-mutuel wagering and that’s why it’s so hard to find a good bet. Obviously, if you’re trying to make a profit you need wagers that are under-valued by the rest of the public, but when many of them are capable of estimating the value of the products it’s difficult to find a good bargain. Ask yourself, “What does it take for the bettors to under estimate the value of a horse?”

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