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How to Select a Horse Betting System

Contributor
By eHow Contributing Writer
(10 Ratings)

While many horse racing enthusiasts claim that they have developed a winning horse betting system, the truth is that success can only be attained through hard work and knowing how to handicap each race. You can still focus on a specific strategy when betting on the horses, and through practice and some fine-tuning, you may choose the horse betting system that yields superior results.

Difficulty: Moderate
Instructions

Things You'll Need:

  1. Step 1

    Visit Predictem.com for an overview of horse handicapping (see Resources below).

  2. Step 2

    Learn how to handicap a horse race before you select a particular betting system, using race results from a publication like the "Daily Racing Form"--available at most newsstands and race venues. Handicapping requires skill at interpreting race results and understanding the performance arc of a particular horse over an extended length of time. Handicapping also requires an understanding of weather, track conditions and synergy between particular jockey and horse combinations.

  3. Step 3

    Select a horse betting system that takes a careful look at the horse's last race, which many experts feel is the most important. For instance, a horse that performed poorly or laid off during its last race may feel compelled to run stronger in the next one.

  4. Step 4

    Observe sudden changes in the odds when you select an effective horse betting system. A sudden lowering of the odds at the last minute may indicate that people "in the know" are expecting a spectacular performance from a particular animal. On the other hand, a raising of the odds may reflect a sudden downturn in the spirit and energy of an entry.

  5. Step 5

    Watch for jockey assignments that reflect a growing interest in a particular horse. For instance, a jockey with an excellent reputation often gets first pick of the horse he wants to ride. Jockeys rarely change their minds about horses unless they know they are going to win as a result.

  6. Step 6

    Employ the Dutch betting system in order to cover all of your bets during a horse race. The Dutch betting system involves betting on as many entries as possible with the hopes that the winnings from one horse will cover and hopefully exceed the losses on the others. Using specific mathematical formulas, the Dutch betting system has been a relatively popular strategy for many years.

  7. Step 7

    Learn more about horse betting systems at HorseHats.com (see Resources below).

Tips & Warnings
  • While many software applications have been created for the analysis of horse racing data in recent years, most betting experts still hold that there is no such thing as a sure thing. When it comes to using such software, let the buyer beware.
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