Simple Way To Make Money Betting On Horse Races Like A Pro

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Simple Way to Make Money Betting on Horse Races Like a Pro

It's simple to determine how high the odds have to be on each horse that you bet on in order for you Jockey Jewels  to make a profit if you win one out of five bets, but how you find those horses will be determined by one or more handicapping factors. For instance, if you take the last three speed figures and add them together to give each horse a score and then rate them according to how high each horse's score is, then you have a system, albeit a very simple one.

The next step is to determine how often each horse wins. Keeping notes for a while you may notice that horses with the highest score win about one out of four times. That means they must pay at least $8 to win in order for you to bet each one of them and to break even. The key to making money betting on horses is in knowing the odds of winning and the actual odds that are on the horse at post time.

You compare one to the other and find out whether or not the horse is a profitable bet. In order to do that, however, you must evaluate each runner. The more factors you use, naturally, the more accurate your calculations will be. Be careful, however, because over analysis can lead to paralysis. You'll never get the perfect set up so you'll have to make some judgment decisions.

 

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