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Using a horse racing angle to find winners is nothing new. It is the practice of looking for a situation in a race that has proven profitable in the past. The lone early speed is one angle that has been exploited to the pint that every horseplayer and his granny knows it well. The holy grail of angles, it now rarely pays well enough to make a profit and yet, many public handicappers will still tout it. Yes, those frontrunners do win often enough, but they just don’t pay.

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We’ve all seen the public handicappers and the consensus. The question is, can they really help your handicapping? The handicappers each choose a hierarchy of three horses and the higher on the list, the higher the score for the horse. For instance, a horse chosen as the top horse gets five points. If it’s chosen as that handicapper’s best bet of the day, it may get seven points. After the panel of handicappers chose their picks for the day each horse gets a score. What usually then happens is that the horses with higher scores go to post at very low odds.

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When we handicap horse races we use factors or attributes to evaluate the horses and estimate each runner’s chance of winning. Races run on dirt often shape up differently than races that are run on turf. The first place to start estimating the value of each handicapping factor is to study your local track or the venues that you play. For instance, the inner turf course at Belmont plays differently than the Widener Turf Course. Playing horses with early speed on the inner turf course at Belmont makes sense because…

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The old saying, “It’s not the destination, but the trip,” applies to horse racing handicapping. It isn’t just how you arrive at your estimate of each runner’s chance of winning, it’s also how you got there. The reason is that your method will affect your results. For instance, handicapping the last race on the program and working your way back will mean that you’re probably going to be sharper for those better races with bigger fields. They are the races where real money may be made. Another method to handicap is to…

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Gambler’s Ruin is a term that has been applied to several mathematical theorems. The basic idea is that the longer you gamble the more likely you are to lose. That may sound incredibly simple, but how many people try to grind out a living gambling at the horse races day after day and finally tapping out? The first and most obvious point is that when you gamble against a player who has a bigger bankroll than yours, you’re at a disadvantage because he can last throw losing streaks longer than you can so he will eventually win your money. But wait, you say, the horse races are different because I don’t gamble against the track, I gamble against the other players.

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What is the best strategy to beat the races? Is it grinding out a profit or trying to hit one huge win? I’ve written about both approaches in Horseplayer l and Horseplayer ll. The reason that I’ve given each approach equal coverage is because no two horse players are alike and what works for one person may not work for another. I personally mix it up dividing my money between longshot plays and horses at lower odds. The horses in the top three picks, in other words, the ones with the lowest odds, account for about seventy percent of the wins.

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There are two categories to handicapping: common and statistical. Common is made of two sub-levels: base common and advanced common. Statistical is made of two sub-levels also: base statistical and advanced statistical. Racing’s a statistical game because racing’s been going on for more than 100 years everyday of each one of those years. Which means 100’s of 1,000’s of races have taken place in that time in the United States and to understand the many patterns in the game you have to take a statistical sampling of 1,000’s of races. This makes racing statistical. The contents of advanced statistical handicapping takes up a few very important things which must be grasped and practiced fully.

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Profitcapping is mainly about finding out how much profit can be made over months and years from using a statistical long-term outlook in racing. It includes everything about the money side of the game and need to be studied with just as much in depth concentration as the player does handicapping races statistically and individually. When handicapping and profitcapping (the two main divisions of racing) are united they’re able to produce profit. It’s not easy but it can be done and its the way to do it. Profitcapping is crammed with content about how to deal with the money in the game and not about selecting specific horses which is handicapping’s job.

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