My OperaHorse Racing - Field Size and Betting
Thursday, March 15, 2012 4:00:26 PM
So a simple way to express this strategy is...
Pr(profit) = W (minimum wager) / P (probability) x PM (profit margin)
.80 = $2/.50 x.20
The critical parts of this strategy are first of all to accurately evaluate and determine each runner's chances of winning and secondly to watch the tote board and find the runner that will return a profit based on the odds and expected probability.
Horse race betting using a system has proved very successful for many racing enthusiasts. The secret of success with any horse racing system is to initially satisfy your self that it is a viable system. The only way that you can do this is to "paper test" it over a period of time. Only when you are totally satisfied should you invest real money in the system selections.
Here is a simple system which you might like to try. I would point out that no system can guarantee you success and you should "paper test"this system for a month or more. Never bet more money than you can afford to lose.
The origins of this system seem to have been lost in the mists of time but it is a simple way of rating runners in any horse race. The system can be applied to all types of race, flat, all weather and national hunt. It is based on ability and recent form.
For the purposes of this system you only consider this season's form and the horses last two races. You then award points to each horse in the race based on the following formulae:
1st Place 5 points
2nd Place 3 points
3rd Place 2 points
4th Place 1 point
Consequently, more horses are bred hence a reflected increase in number of the field size. This is, therefore, a huge circle that is particularly vital to the horse racing industry. This is the circle within which betting is based on. For most people, betting is what makes this equestrian sport worthwhile. It simply wouldn't be fun without betting. It has been proven, especially in Triple Crown and Breeder's cup races, that the larger the field size, the more the betting. The more spread out the field is, the higher the chances that people will bet on some of the extra horses to make profits, which many end up losing.
The main reason for the fields decrease is the unwillingness of horse lovers to buy or breed and train horses. Even those who are already horse owners are reluctant in training their horses for distinct races. Moreover, horses have become more prone to health complications as compared to the past. In 1960 horses raced at 11.3 times per year, in 1980, it declined to 9.21 times per year and in 2010, it further declined to 6.11 times per year.
The reduction of horses that are being thoroughbred has been the major reason for reduction of field sizes. This has had a crucial, direct impact on the money that people wager in today's races. The research outlined negative handle results, six years in a row, with there being a decline of 7.3% in 2010. Some enthusiastic bettors don't find it exhilarating anymore. Horse Race Betting - Some Popular Staking Plans, Horse Race Betting - Play the Percentages, Horse Racing Betting - Forget the Horse - Follow the Trainer
Pr(profit) = W (minimum wager) / P (probability) x PM (profit margin)
.80 = $2/.50 x.20
The critical parts of this strategy are first of all to accurately evaluate and determine each runner's chances of winning and secondly to watch the tote board and find the runner that will return a profit based on the odds and expected probability.
Horse race betting using a system has proved very successful for many racing enthusiasts. The secret of success with any horse racing system is to initially satisfy your self that it is a viable system. The only way that you can do this is to "paper test" it over a period of time. Only when you are totally satisfied should you invest real money in the system selections.
Here is a simple system which you might like to try. I would point out that no system can guarantee you success and you should "paper test"this system for a month or more. Never bet more money than you can afford to lose.
The origins of this system seem to have been lost in the mists of time but it is a simple way of rating runners in any horse race. The system can be applied to all types of race, flat, all weather and national hunt. It is based on ability and recent form.
For the purposes of this system you only consider this season's form and the horses last two races. You then award points to each horse in the race based on the following formulae:
1st Place 5 points
2nd Place 3 points
3rd Place 2 points
4th Place 1 point
Consequently, more horses are bred hence a reflected increase in number of the field size. This is, therefore, a huge circle that is particularly vital to the horse racing industry. This is the circle within which betting is based on. For most people, betting is what makes this equestrian sport worthwhile. It simply wouldn't be fun without betting. It has been proven, especially in Triple Crown and Breeder's cup races, that the larger the field size, the more the betting. The more spread out the field is, the higher the chances that people will bet on some of the extra horses to make profits, which many end up losing.
The main reason for the fields decrease is the unwillingness of horse lovers to buy or breed and train horses. Even those who are already horse owners are reluctant in training their horses for distinct races. Moreover, horses have become more prone to health complications as compared to the past. In 1960 horses raced at 11.3 times per year, in 1980, it declined to 9.21 times per year and in 2010, it further declined to 6.11 times per year.
The reduction of horses that are being thoroughbred has been the major reason for reduction of field sizes. This has had a crucial, direct impact on the money that people wager in today's races. The research outlined negative handle results, six years in a row, with there being a decline of 7.3% in 2010. Some enthusiastic bettors don't find it exhilarating anymore. Horse Race Betting - Some Popular Staking Plans, Horse Race Betting - Play the Percentages, Horse Racing Betting - Forget the Horse - Follow the Trainer
