By http://ezinearticles.com/?expert=Bill_Peterson    Bill Peterson

There are many people trying to make money betting on horses who are making things difficult for themselves. Horse racing handicapping is difficult enough without having the odds against you. A simple understanding of the odds, probability, and statistics of horseracing and betting will demonstrate what I mean.

Let’s take the simplest bet and see how you can have a better chance of picking more winners. Of course I am talking about straight win bets. The size of the field is something a lot of people don’t take into consideration when handicapping a race, but you really should. Simply put, the more horses the more your chances of losing and the more time it takes to handicap a race to see if there is even a playable horse in the race.

This has two factors that you must take into account. First of all, let’s start with the time it takes you to handicap a race and the number of races you can handicap in a day without burning out. If you can handicap for five hours a day and it takes you 20 minutes to handicap a ten horse race that is 2 minutes per horse that you handicap in the course of a day. You can handicap 15 races with ten horses in each race or

By only handicapping races with 8 horses, instead of the 10 horse races, you eliminate two horses per race and can now handicap 18 races in the same amount of time. That is three more chances to find a good bet. But it gets even better because in a ten horse race, all things being equal, you have a one in ten, or 10% chance of winning, but in an 8 horse field you have a one in eight or 12 1/2% chance. It doesn’t mean that your chances are 2 1/2% better. It actually means that your chances are 25% better.

So by only playing races with 8 horses or less, you can handicap 20% more races in the same amount of time and increase your chances of winning by 25%. In horse racing handicapping, as in any money making venture, time is money and how you budget your time and the level of difficulty you choose, will have a direct impact on how much money you make.

Think about this the next time you are planning your day and choosing the races you will play.

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.

Article Source: http://EzineArticles.com/?expert=Bill_Peterson http://EzineArticles.com/?Horse-Racing-Handicapping-Tips-to-Tilt-the-Odds-in-Your-Favor&id=2634470

By http://ezinearticles.com/?expert=Bill_Peterson     Bill Peterson

Looking for an easy horse racing handicapping system? Finding one isn’t very hard to do. There are many people who claim they have found an easy way to handicap horse races and to find winners. Those systems are for sale all over the internet. But betting on horses is a risky proposition that should not be taken lightly. It requires a lot of skill if you want to make a profit from your bets. Therefore, while you may find a system that is easy, it is difficult to find an easy system that shows a profit.

Before we go any farther, let’s clarify what making a profit from betting on horses means for the purposes of this article. Making a profit from your horse bets means that for every dollar or pound you put into your bets, you get that money back (return of your investment) and also make a profit (return on your investment). We’ll refer to that return on your investment as your ROI. It may be expressed as a percentage, such as 10%, or an actual figure, such as $10, or 10 pounds.

While you read all the different claims for the horse racing systems out there, ask yourself this simple question, “If anyone really had a surefire and easy method of making a fortune from the horse races, why would he or she sell it?”

That may help you to come back to reality and to realize that no one is giving away the goose who lays the golden egg. On the other hand, in any pursuit in life, there are people with varying levels of expertise who are willing to teach you how to do something because teaching gives them satisfaction and it is a more reliable source of income. That is what the people who are honest and who sell horse racing systems with a money back guarantee are doing.

1. They will readily admit that it will take some effort on your part to learn and apply the lessons of the system.
2. They will also warn you that you probably won’t get rich and that gambling on horses is a risky business for anyone.
3. Most importantly, they will offer a full 100% money back guarantee with no questions asked. Not after you workout their system on a certain number of races and prove that you lost a fortune in bets, that is no guarantee at all. If anyone has a product that they truly believe in and have faith in, they will give you that 100% money back guarantee.

Yes, there are good horse racing systems out there. No, they will not make you rich over night. Yes you will learn some good handicapping tools from them. But nothing comes that easily in life, including truly learning how to handicap horse races and make a betting profit, a positive ROI.

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]http://williewins.homestead.com/handicappingstore.html, Bill’s handicapping store.

Article Source: http://EzineArticles.com/?expert=Bill_Peterson http://EzineArticles.com/?Is-There-Any-Easy-Horse-Racing-Handicapping-System?&id=2613329