By Bill Peterson

Are you looking for easy bets or horse racing angles that make money? Handicapping horse races for profit is a difficult and sometimes tedious task. Even after you work hard to determine which horses are contenders it is often difficult to find one at suitable odds to make it a good bet. There are a few angles that show a profit if you are willing to bide your time and only play them when the odds are right. But before you mortgage the farm and get ready to make a killing at the horse races, be assured that there is no easy money to be found at the track unless someone drops his wallet.

This isn’t a get rich quick scheme, but simply a way to find an occasional good bet. Use it to have some fun and enjoy a day at the races.

The old saying pace makes the race is certainly true in many instances. Until recently, however, determining pace was difficult, time consuming, and uncertain. But now many suppliers of past performances make this job much easier. Some have even winnowed it down to one simple figure for pace and another for speed.

While class and speed are not necessarily synonymous, class and pace usually are. The reason is that the higher class horses are superior athletes and therefore, they have the ability to run faster through each stage of a race. When running beside a horse of lesser class the classier horse will usually put the other away in short order.

To find an easy bet, just find a race with a horse that is dropping in class into a level that it has not competed at before and who also has the highest pace figure in its last race. Often you will find a horse who led briefly or contended with the leader(s) only to fail to sustain its bid and faded in the stretch. That horse may not fade when faced with softer competition. While this sounds quite simple, it isn’t quite as simple as it first appears.

First of all, if the horse really is the best pacesetter it will be bet down accordingly in most cases. However, the public does let one of these slip by once in a while, sometimes going off at attractive odds. To ensure that it is a good bet you might also want to see that it has won at the track and distance it is competing at in today’s race. Another good sign is not carrying more than 2 pounds more than any of the contenders in the race.

If it is coming back to the races with less than thirty days since its last race, that is an excellent sign that it is in good shape and trainer is trying to get it back to win before it loses its physical conditioning. While you may find these horses at almost any track on any given day, a word of caution is in order, don’t bet heavily on them. Use them for recreational betting only and remember, in horse racing, while there are good bets and bad bets, there is no such thing as a sure thing.

If you want to learn how a horse owner and insider handicaps just go to http://williewins.homestead.com/truecb.html and get the truth. Bill Peterson is a former horse race owner and professional handicapper. To see all Bill’s horse racing material go to Horse Racing Handicapping, Bill’s handicapping store.

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By Bill Peterson

Every year, millions of people try to handicap the Kentucky Derby. While other great horse races in America may have bigger purses and offer some of the best racing on the planet, the Kentucky Derby is the classic American Race for three-year-olds. Traditionally contested on the first Saturday in May each year, the Derby is limited to a field of 20. However, since each horse in the race is being asked to do something it has not attempted in the past, that is more than enough entries to strain any horse racing handicapper’s brain.

The key to handicapping the first leg of the Triple Crown (the Preakness and Belmont are the other two legs) is understanding that it is a classic race at a classic distance. The Kentucky Derby is contested over 1 1/4 miles. That is farther than the 3 year old horses have raced up until then and usually, because all 20 posts are filled, it is a bigger field than they have competed against.

The changes to field size and distance make a big difference and make it difficult to project just which horses will be able to handle the distance and pandemonium. Traffic problems abound for Derby horses and getting a good trip can mean the difference between success and failure. You can’t handicap racing luck, but you can handicap breeding, form, and pace.

First look at the breeding of the horses and determine which ones are bred to go the classic distance. Some past performances now offer what is called the “Dosage Index,” for each horse, a mathematical way of determining a score based on the preferred racing distances of the horses ancestors. The lower the dosage, the more likely the horse will handle the mile and a quarter.

Many times when handicapping the Kentucky Derby, would be prognosticators focus on speed figures. While not completely irrelevant, they do not weigh as heavily as dosage, pace, and form when finding a good bet. Once you have determined which horses are bred for the distance, the next task is to determine which horses are rounding into form at the right time. In horse racing, timing is crucial and trainers try to have their horses physical form peaking on the first Saturday in May. Look at the races leading up to the Derby and try to determine how the horse has progressed and what it may have left.

Pace is a big part of the race as well. Very few front runners have won the Derby, but horses who have both tactical speed and a good late kick fare very well. Because traffic problems abound and it is sometimes necessary to weave through the pack or to go wide in the stretch, runners need to be able to shift gears. While the last Derby winner, Mine That Bird, was able to slip through on the rail with a very skillful and lucky pilot in Calvin Borel, such trips are rare.

The last bit of advice on the Kentucky Derby that I would like to share with you is that there are several kinds of races for true horse players. There are playing races and watching races. While the Derby is interesting it is usually not a good race to make money on unless you have a crystal ball. Watch it and enjoy it but save the major portion of your bankroll for races that are easier to handicap with more manageable fields and horses who have proven they can do what is being asked of them.

If you want to learn how a horse owner and insider handicaps just go to http://williewins.homestead.com/truecb.html and get the truth. Bill Peterson is a former horse race owner and professional handicapper. To see all Bill’s horse racing material go to Horse Racing Handicapping, Bill’s handicapping store.

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By Bill Peterson

If you want to make money betting on horses, by being good at horse racing handicapping, then you must learn to recognize positive changes. If all the horses in the race performed the same way they did in their last race, picking the winner wouldn’t be very difficult. The problem is that nothing stays the same and yet, people look at the horse’s last race to see how it will perform today.

The reason that doesn’t work is that horses are living, breathing, animals and their health, condition, attitude, changes from hour to hour and day to day, just like humans. If you can look at a race and find a horse that has a reason to improve, then you are looking at a horse that may not be properly valued by the crowd. That is how you make money betting on horses. You must find the horse that is under valued.

The reason that the other bettors under bet a horse is usually that they think it will perform the same way it did in its last race, and that race wasn’t as good as another horse’s that is running against it. The horse with the best last race is usually the favorite. That makes sense in a way, except that you can never make money betting on a horse like that.

Horses with a good last race will usually take most of the money and yet, if you look at the races before that one, you’ll see that the horse had some other races that weren’t as good. When it finally rounded into form and won a race, it was probably under valued and some other horse was the favorite. This cycle repeats itself over and over again and yet the crowd keeps buying into it.

The things that can change, and therefore improve a horse, are conditioning, equipment changes, jockey changes, barn changes, improved health. In order to understand these changes you need to learn a little about horses. For instance, if you see a horse with front wraps, bandages on its front legs, it may be having problems. If the horse didn’t have wraps when it won its last race, why does it have them now?

There could be three reasons…

1. The trainer is trying to throw some of the bettors off the horse so he or she can get better odds.

2. The trainer doesn’t want the horse claimed and figures the wraps will scare other trainers away.

3. The horse has developed a problem and is going lame. Maybe it raced so hard last time out that it now has a bowed tendon or other physical problem that will affect its running.

If you know a little about the trainer and his or her tricks it will help you to decipher that one. My point is that in any race there will be changes. Each trainer is trying to figure out what it will take to make his or her horse run better and you need to see which ones are good at doing just that. That is how you’ll find a good bet and that is how you make money handicapping horse races.

If you want to learn how a horse owner and insider handicaps just go to http://williewins.homestead.com/truecb.html and get the truth. Bill Peterson is a former horse race owner and professional handicapper. To see all Bill’s horse racing material go to Horse Racing Handicapping, Bill’s handicapping store.

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By Bill Peterson

If you are handicapping horse races and trying to make money by picking winners or playing exotics, there is one thing you should do to be successful. I am talking about limits. People budget their money and set limits on many expenses, but some forget how useful limits are when they are at the race track. Some people set a limit on how much they drink, eat, spend and those limits help them to be healthy and happy.

While going into the race track or OTB parlor or betting shop with a set amount of cash and saying you will only allow yourself to lose that amount is a start, there are many more constructive ways to use limits. For instance, did you ever consider setting a limit on your winnings?

While that may sound crazy, it is one of the best ways to make a profit over the long run and to think and act like a pro. Studies have shown that at some time during their visit to a casino, most gamblers are ahead. Yet most people leave as losers, despite having been ahead of the game at some point.

The same is often true of horse players. How many times have you been ahead at the track, only to leave a loser. It is frustrating because if you only knew when to stop betting you could have left with a nice profit. But unless you’re psychic, you just don’t know which bets will pay off and which ones will lose, right?

The key isn’t in knowing the future, the answer is actually in the past. In order to be a successful horse player and make money from your bets, you have to know what a reasonable amount of winnings is and when you reach it, call it quits for the day. In order to do that you need to keep notes of your progress each day at the races.

You may be amazed to find that if you just set a certain limit and tell yourself that when you reach that amount of profit, you’ll quit for the day, you will start leaving the track more often as a winner. Real profits from handicapping are made over the long run. As they say, you eat an elephant one bite at a time and you have a successful year as a horse racing handicapper, one day at a time. Start stringing together winning days by knowing when to stop for the day and you’ll enter the ranks of the few disciplines and successful horse players.

If you want to learn how a horse owner and insider handicaps just go to http://williewins.homestead.com/truecb.html and get the truth. Bill Peterson is a former horse race owner and professional handicapper. To see all Bill’s horse racing material go to http://williewins.homestead.com/handicappingstore.html, Bill’s handicapping store.

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By Bill Peterson

I have been asked many times whether there is a horse racing system that really works. The quick answer to that question is, yes, but the longer, ambiguous, but more accurate answer is yes and no. I am not trying to be cute, just letting you know how complicated the question of horse racing systems really is.

The reason that I say yes, is because horse racing systems can make money for a smart player. The reason that I say, “and no,” is because they don’t always make money. If you use a horse racing system that works at one track or in one kind of races, it may very well make you money, but if you try it at another track it may lose.

You have to do research so you will know what works at each track and in each kind of race. That means keeping accurate notes and planning ahead. The notes that you keep may not make a profit today or this week, but in the long run, they will make money if you use them wisely.

An example of my own success with note keeping and betting on the horses is the bets that I make money on at Aqueduct. When the races go from Belmont to Aqueduct on the New York racing circuit, I make money playing certain bets in maiden races. I make money because I kept track of what running style wins at Aqueduct and also which trainers were winning with that angle.

Early speed doesn’t hold up as well in the maiden races at Belmont as it does at Aqueduct. While Belmont seems to favor horse running off the pace a bit, Aqueduct favors front runners. So I watch maidens lose at Belmont after being on the front end or flashing early speed and wait for them to start at Aqueduct.

They often get to the front and take the lead at Aqueduct but instead of fading as they did at Belmont, they win. They often go often at good odds because the average bettor sees that they faded at Belmont and expects the same results at the “Big A.” This is just one example of long range planning that pays off and if you are investing in horse races, note keeping and long range planning will pay off if you stick with it.

If you expect quick profits and easy work, then forget about betting on horse races, but if you are willing to work hard and think ahead, you might make a little profit from your bets. It is a tough game and you have to love it in order to be able to put forth the effort to win.

If you want to learn how a horse owner and insider handicaps just go to http://williewins.homestead.com/truecb.html and get the truth. Bill Peterson is a former horse race owner and professional handicapper. To see all Bill’s horse racing material go to http://williewins.homestead.com/handicappingstore.html, Bill’s handicapping store.

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Author: Bill Peterson

Horse racing handicapping is a tough way to make money but some people do manage to eke out a profit. Sometimes you have to think out of the box, however, if you want to make money. While the majority of people bet to win or play the exotic bets, the place and show pools often go unnoticed by most horse players. Yet there they are race after race and thousands are poured into those pools.

Who is betting place and show and why? It has been proven that there are overlays in those pools that can be profitable, though not so glamorous bets. One thing I look for when deciding if there is room in the place pool for a good bet is a second favorite that is being hammered in the place pools.

It happens almost every day at almost every track, but not in every race. If you watch the place pool amounts, however, you will find that in some races, the second favorite is getting a disproportionate amount of the place money. The situation usually occurs in a race where the favorite appears very strong and there is another horse that seems much better than the rest of the field, but not on a par with the top horse.

When you see that one horse is getting lot of place money, that is a red flag, or perhaps a green one, because it means that there may be a good place bet in the race. While the second favorite may be a good horse and have a good shot of being second or perhaps even upsetting the favorite, if it is bet down in the place pool, it may still be a poor place bet and that means that another contender for the place spot is being under bet, making it a good place bet.

As odd as it may first appear, the favorite may actually become a good place bet if the second favorite is overrated. If the second favorite fails to at least place and the favorite wins, all that money that was wagered on the second favorite in the place pool will be divided between the backers of the favorite and whichever horse manages to come in second. This is a horse racing angle that often is often over looked.

When you handicap the race, look at the top contenders and see how much is bet to place on each one. You will have to wait until post time to be sure that one or more of them is being over looked in the place pools, but you will often find a good place bet if you are patient can really identify contenders who may place.

About the Author:

The most consistent horse racing systems have to have the basics and a handicapper must understand the basics. I have been around horse racing for 50 years including as an owner. Without the basics the rest is not going to do any good. If you want to learn how a horse owner and insider handicaps just go to http://williewins.homestead.com/truecb.html and get the truth.

Bill Peterson is a former race horse owner and professional handicapper. He comes from a horserace handicapping family and as he puts it, “Horse Racing is in my blood.” To see all Bill’s horse racing material go to http://williewins.homestead.com/handicappingstore.html , Bill’s handicapping store.

Article Source: ArticlesBase.comHorse Racing Handicapping Tip Number 5 Second Favorites Create Place Bet Overlays

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Winter horse racing in North America means many different things to many people. To those in the southern states, Gulfstream, Fair Grounds, Santa Anita and Hollywood, mean some of the finest racing despite the inclement weather up North. But for those of us who also play the Big A (Aqueduct) and other northern tracks, it means adjusting and re-adjusting according to weather and conditions.

One thing that comes up quite often is track bias. I admit I have chased this elusive bird a time or two. Sometimes I’ve made a profit but other times I have zigged when I should have zagged and any profits from previous efforts were gobbled up. My advice regarding track bias is that you proceed very carefully and don’t bet the farm on anything no matter how convincing the evidence may seem.

I try to play the southern tracks as much as possible, but do have a soft spot in my head for Aqueduct and do manage to eek out a little there. No matter what I may think or know about the track, there are people who make their living running horses there and I rely on their judgment when it comes to a horses worthiness. In other words, I watch the pools. There are some very astute players at the Big A.

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Author: Bill Peterson

To many people, the life of the professional gambler seems glamorous and inviting. But as in most cases in life, gambling, like any profession that offers the possibility of high rewards, is difficult and demanding. The truth is that most people who manage to make any profit from gambling over the long haul, work very hard, and have to sacrifice to earn the money.

When I say earn, I mean just that. I don’t mean to discourage you if you have your heart set on being a professional gambler, but knowing what you are getting into before you begin is one of the best ways to make sure you will succeed. You can make money from gambling systems if you have enough money to fund your bets and support you while you learn the game and adapt the system to suit your own talents and style, but being under funded is the number one reason that many gamblers fail. Gambling, even if you are very skilled, still involves risk and therefore losing streaks. It takes money and discipline to survive the lean times.

Surviving the losing streaks financially and emotionally is the mark of a true professional. One thing that professionals use to keep their sanity and not go on tilt permanently is statistics. I know you think that statistics are used by many gambling systems to beat the games, but they are also used to reassure the players that the tide will eventually turn in their favor. That is the strength of a system, whether it is a poker, blackjack, roulette, horse racing, dog racing, craps or any other system.

That is the good news about using a systematic method to beat any game. The not so good news is that no one is going to sell you a way to make a killing at any game right out of the box. You will have to take the information they give you, adapt it to your own talents and style, and then work very hard and endure the ups and downs of the gambler’s life.

When I say adapt the system, I mean that a good gambling system will teach you certain statistics, or situations to look for in any game. For instance, a poker system might teach you how to figure pot odds and play position, while a horse racing system might teach you how to spot an overlay or a false favorite. The most important lesson you can learn from any gambling system is how to spot a good bet. But any of these lessons will do you no good unless you have the personality to take advantage of them.

For instance, if you are a person with a limited attention span who needs fast action and stimulation to remain focused, grinding out a living sitting for hours counting cards at a blackjack table won’t work for you. On the other hand, a system that teaches you to scan the toteboard at the race track and to spot an overlay and then to bet and see the result of the bet in two minutes, may be better suited to your personality type.

Finding the right system to match your personality is the most important part of gambling success after understanding what you are up against, of course. The next most important step is taking the time to learn how to gamble successfully while making small bets. To learn any other trade, you have to go to school or learn on the job. The same is true of gambling. So research the games and systems to find what is best suited to you and then prepare by practicing and slowly increasing bets as you learn the game. That is the best approach to success in any endeavor.

Article Source: http://www.articlesbase.com/hobbies-articles/making-money-using-gambling-systems-to-supplement-your-income-the-truth-1478728.html

About the Author:

Bill Peterson is a former horse race owner, professional handicapper, card player, and gambler. To see Bill’s beginner’s poker system, go to http://powerpointpoker.com To see all Bill’s horse racing material go to http://williewins.homestead.com/handicappingstore.html , Bill’s handicapping store.

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Author: Bill Peterson

Did you ever wonder how other gamblers and horseplayers handle losing streaks? I am in the middle of one, or should I say, hopefully near the end of one, as I write this. Yes even old dinosaurs like me who have played the horses since the chariot races still go through losing streaks.

Let me tell you about my, “long dark night of the soul,” so that you may get something that will help you through your next rough patch. I sell horse racing systems, but before I will put one on the market, I test them and actually play them myself. That is how I manage to offer a no questions asked guarantee on everything I sell.

That is also why I try a lot of things in order to find that one right thing that works well enough to help a fellow horse player. So that is why, on October 5th of 2009 I started working on a toteboard system that follows the money and hopefully will be profitable over the long run. It is now November 6th, 2009 so I have been testing it for over a month. I have 160% of my bankroll left, so I am ahead at the time of this writing.

However, I was at 230% of my bankroll just three days ago! That means I have been on a nasty losing streak. The worst part is, I have had such high hopes for this method of picking winners by following the money, but now I don’t know if I will lose back everything I have won. It could have just been a fluke and this may be another blind alley, a dead end, I’ve certainly been down plenty of those while learning how to handicap horse races.

Should an old gray beard like me have so much trouble with a losing streak? After all, I’ve had them so many times that I’ve lost count. Of course, I’ve also had more than my share of winning streaks, too. The answer is, no matter how many times you live through them, losing streaks are still the pits and test you over and over. Handicapping horses for profit and really working at this business is a constant test and you are only as good as your last series of bets. Do the winning streaks help? Of course it helps to remember them as a reminder.

It doesn’t matter when you’re losing, though. It starts to dominate your thoughts, especially as you watch the money slipping away and don’t know where the bottom is. I suppose people who play the stock market feel the same way when it starts to slide. We speculators can’t help but wonder, “Where is the bottom?”

The worse thing you can do is to go on what the poker players call, “Tilt.” You have to keep your equilibrium and maintain a healthy attitude and lifestyle.

First of all, don’t start the negative self talk. Nothing will dig you into a pit faster than that internal dialogue that is negative or fearful. Gambling and playing the horses is streaky, it is a fact of life and if this is the path you choose then you’d better be ready for it. So chin up and shut up or start with the positive self talk, “Everyday in every way, I am getting better and better and this is just a stepping stone, however rough it may be, to success.”

It doesn’t matter if you totally believe it, say it anyway. Like they say, “Fake it until you make it.” Just as long as you are always honest with yourself about your winning and losing and the impact it has on you and loved ones.

Speaking of loved ones, that is another important part of living through a losing streak. Stay connected with people. Tonight I called my grandson and we talked about saxophones, martial arts, winter weather, and other things. It helps to remember that there is a whole world out there filled with many things and sharing those things with others is the best way to clear your mind and stay upbeat. It also means you’re not neglecting the ones you love and who love you. It is bad enough that you are on a losing streak, don’t put them on one, too.

If you don’t have any close relatives or friends, then strike up a conversation with a stranger and talk about the weather, baseball, the government, anything that will start your brain working on something other than the track and losing or winning. We humans are social animals and interaction with other people is like a healing balm, even if it is a little difficult to get a conversation going, even if what you really feel like doing is crawling into a cave and licking your wounds. Look around yourself and see the world.

Tomorrow I am going on a day trip with my Sweetie and taking care of health related business. That is another thing that you must do, take time off and get involved in something other than the track and gambling. Have conversations, see different scenery and locales.

Finally, when you’ve aired your brain out enough and have given yourself time off, get back at it again with renewed resolve to make it. Keep notes while you are gambling and know your ROI and what bets you have made. Review everything and find your weak spots and strengths. Be willing to admit your mistakes and also realize that sometimes it isn’t you or your method, gambling is just plain streaky. If you can look at the long run, the big picture, and see that you are ahead at all, then you are very fortunate.

Making 10% profit over the long run is very good in this business, sorry if I just popped your bubble, but that is the reality of betting on horses for profit. If you aren’t making it, that means you are one of many people who are in the process of becoming a successful horse player. Stick with a good system, don’t bet with money you can’t afford to lose. Take time off (people in all other lines of work do) and eat healthy food and exercise because we horseplayers have a tendency to let ourselves go, which in turn affects our ability to think clearly and have the stamina to win.

Above all else, enjoy your days at the races, if you’re not, then maybe it is time to take time off and assess your methods and motives. Life is short and should be enjoyable for the most part. Just as we use systems to beat the races, the are systems to get the most out of life, what I have just shared with you is a pretty good start on the basics.

Enjoy your days at the races.

Article Source: http://www.articlesbase.com/horse-racing-articles/horse-racing-handicapping-losing-streaks-and-life-1431626.html

About the Author:

The most consistent horse racing systems have to have the basics and a handicapper must understand the basics. I have been around horse racing for 50 years including as an owner. Without the basics the rest is not going to do any good. If you want to learn how a horse owner and insider handicaps just go to http://williewins.homestead.com/truecb.html and get the truth.

Bill Peterson is a former horse race owner and professional handicapper. He comes from a horse race handicapping family and as he puts it, “Horse Racing is in my blood.” To see all Bill’s horse racing material go to http://williewins.homestead.com/handicappingstore.html , Bill’s handicapping store.


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A lot of you may have been asking yourselves over the last 6 months, “Where’s Willie? Horse Racing Handicapping tips are hard enough to come by without Willie taking a powder!”

I am sorry for that, but I have been putting up what I consider to be helpful articles written by some of the best handicappers I know. Believe it or not, for a little while, I was Hollywood Willie, not the Hollywood dog track, now known as Mardi Gras, for reasons that escape me. Also not the Hollywood horse track in California, though I did visit it while out there in California.

No, I mean the real deal, Hollywood California where I strolled through a few movies and TV shows as an extra and flirted with fame.

But now, it is back to the East Coast and handicapping horse races, both harness and thoroughbred, and wondering about the fate of greyhound racing.

Here is my latest tip on handicapping and betting on horse races. It is all about the money. I have been doing a study and in the last three weeks I have an ROI of around 40% and a strike rate of 29% and I have not cracked open a form or program. I have just been following the money and betting when a horse is live.

I use the BETPAD interface and that is why I have started advertising it on my site. It is very helpful for tracking the money in ways that are taught by Bill Peterson, et. al.

So the thoguht for the season as we gear up for Aqueduct and Santa Anita is, follow the money and only bet alive horse, and of course, lay off the favorites, too many are getting stiffed lately.

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