A Simple Horse Racing Handicapping Method For Rating Horses

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It’s very difficult to make a consistent profit from horse racing handicapping even when you spend a lot of time at it and do good in-depth handicapping. However, it is possible to quickly get an idea of the class and speed in a race and to make some decisions about the best bets and worst bets. Finding the best bets on the program can sometimes mean the difference between a winning day and a losing day.

First of all, every race has a hierarchy of speed, class, and form. That means that some horses have been able to race faster in their lifetime as well as recently. It also means some have faced tougher competition and also that some have gotten into good racing condition (form) through a series of races and works. You will often see that hierarchy reflected by the differences in the odds on each horse.

The key to making a profit from betting on horse races is to understand the hierarchy and then to find a difference in the odds that doesn’t accurately match the hierarchy. For instance, let’s say that your handicapping determines that a horse is second best for speed, first for class, and second best for recent form, but the horse is fifth according to the odds on the board. Unless you can find a great flaw in the horse that makes it a lousy wager, you’ve probably just found a very good bet.

Start rating the horses by giving 4 points to any horse that has the top speed, class, or form in it’s recent races (within 40 days). Give 3 points to the second best horse and 2 to the third best and finally, give 1 point to the horse with the fourth best. In the case of a tie for any position, just give the highest number possible. For instance if two horses are tied for second best class, each one would receive 3 points and the next horse down would bet 1 point.

Once you’ve given points for each handicaping factor of class, speed, and form, add them together and see which horses are the best and worse according to this simple horse racing system. An example would be a horse that has top speed (4 points) second best class (3 points) and third best form (2points). Adding them together gives us a score of 9. If that is the highest score then it may be the best horse and may deserve favoritism. Of course, this is just a very rough estimate and doesn’t account for all the nuances of advanced handicapping.

Look at the odds at two minutes to post and see if any horse is out of order. Is the horse you rate as the best the favorite? My advice is never take less than 2-1 odds and always look for a horse that is at longer odds than it’s position in the hierarchy deserves.

Source by Bill Peterson

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