Bill Peterson

If you pay attention to your local or favorite track’s statistics you’ve probably noticed that horses racing from certain post positions are more likely to win. For a small number of races, that number isn’t very significant, but the larger the sample, the more important it becomes.

Depending upon where the starting gate is positioned, horses racing from inside post positions at a mile or over sometimes have a significant advantage because as they race into the first turn, they are already on the rail and have a much shorter route. The less ground they have to cover, the more likely they are to win.

Many tracks publish their post position stats so this is not a secret. The question then becomes, if the inside posts have a better chance of winning, is that factored into the odds? In other words, when the crowd bets, do they take into account the post position and the amount of action any horse receives reflects its post advantage or disadvantage.

If the crowd isn’t paying attention and lets this slip by them, it becomes an advantageous situation for betting. On the other hand, if a horse deserves to be at 5-1 factoring in the post bias, then post position becomes moot as a betting factor.

It takes time and experience, but after a while you will be able to see if the crowd is betting a horse based on post position. My own observation has been that it is considered, but rarely enough. If there is a 19% takeout on the win pool and you can gain as much as 5% of an edge just based on betting ones and twos when they are decent horses, then you are closer to making a profit from the races.

Also, if you like a horse but it has an outside post, taking into account the difficulty of breaking from that post and winning may help to eliminate a few costly losses. The name of the game is reducing that takeout percentage to 0% and then figuring out how to get into the plus column. That is no small task and makes it feel like we handicappers are always breaking from the extreme outside post, if you get my drift.

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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Bill Peterson

You will notice that there is one four letter word left out of the title of this article and that word is “easy.” That is because horse racing handicapping success and making a profit from horse racing is not easy. If anyone tells you it is, they are not being honest or they are confused. On the other hand, I believe it is possible.

Let’s take a look at what playing the horse and making money by betting on the races involves to get a better idea of how you can succeed.

1. The first thing that people discover, when they get beyond the recreational bettor stage, is that picking winners for profit is work. Handicapping horse races is sometimes called an, “intellectual sport.” If you follow professional sports then you know that pro athletes have to work hard to stay in shape and compete on the pro level. The same is true of being a professional race handicapper. You will have to take it seriously and work at it.

2. When I say that you will have to work I mean several things, first you have to learn how to do it. The best way I know of is to find people who are successful and copy what they are doing. The only problem with that is that the people who really can do it, aren’t real happy about giving away their secrets. On the other hand, there are systems that come pretty close and will teach you a lot about horse racing handicapping in a short amount of time.

Therefore, step number two is to read as many systems as you can, including the good books available, and to then take what you learn and customize it according to your own unique strengths and weaknesses. In the end, every handicapper has to figure out a uniquely personal way to do it. That isn’t easy and it takes time and experience. There are no shortcuts to success at playing the horses. That is both good and bad news. It makes it so there aren’t a lot of people doing it, but also makes it time consuming.

3. The third step is all about profit. Money is how we measure success in horseracing handicapping. Of course, there is the thrill of picking the winner and seeing it thunder down the stretch, the challenge and sense of accomplishment, and the personal growth that comes from working at something you love that tests you every day. But without the betting and making money to pay for the rest of the things you need, it is meaningless. If you are spending your time working at picking winners and betting them, you certainly don’t have time for another job so your income has to come from horseracing. That is not easy.

Therefore, the third step is money management and the accompanying discipline that goes along with that. You must establish good money management habits first and have the discipline to stick with them.

Those are the three steps to horse racing handicapping success.

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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By Bill Peterson

As this title implies, this article is all about making a profit on the horse races, betting on horse races, and shirts. If you wear a shirt, or know someone who does, if you are interested in making a profit from betting on horse races, or know someone who is, then this article is definitely for you. On the other hand, if you just like to have fun, this article is also for you.

I have been going to the horse races since the original chariot races in the hippodrome, so I know a thing or two about hippos. But, seriously, if you want to make a profit on the horse races you will have to take it very seriously and work very hard. There are no shortcuts to consistent profits. Along the way you may lose some money along with your sanity, and perhaps, even a shirt or two.

I once had someone make me a very nice shirt. This person also did not approve of my lifestyle, i.e., going to the race track and betting on horse races. I was once at the track and got so wrapped up in what I was doing, that I stripped down to my tee shirt and left the very nice, custom made, shirt on the back of a chair, never to be seen again.

While I lost my shirt at the race track, someone else, shall we say, acquired my shirt at the race track, but then it became his or her shirt, sort of. The point is that I was enjoying the daylights out of what I was doing and got so wrapped up in it that I forgot my shirt. I also forgot all my troubles and cares and relaxed, something that many people could definitely use in these troubled financial times, as they are euphemistically called by the politicians and CEOs.

When I came home without the shirt, but with a little more money than I started with, the reviews were mixed, but overall unfavorable. While a little more money in the till was always a crowd pleaser, the loss of the cherished garment didn’t go over well. Domestic tranquility faded in the stretch and the result is that I still go to the race track, but no longer have a custom made shirt maker waiting back at the barn.

The point is that you have to get so wrapped up in horse racing handicapping and betting that you will have to make some sacrifices along the way. If you are considering making a go of betting on horse races, you better think about it long and hard before you go down that path. While shirts, even nice ones, are not all that important in the grand scheme of things, people who will make you one are not easy to find. Handicapping and betting are hard to do.

Most people try it and decide it is more work and sacrifice than it is worth. They have an occasional outing at the race track for fun and enjoy the diversion from their cares and the stress of life. They go home with their shirts and usually manage to hang onto the shirt maker as well. It is a path that seems to be quite popular. Being a professional handicapper often means following what the poet Frost called, “The road less traveled…” in his famous poem, “The Road Not Taken.”

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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By Bill Peterson

Speed handicapping is probably the most popular form of handicapping horse races. One of the nice things about speed handicapping is that it is so easy. The figures are posted in the form and because of modern methods, they are usually pretty uniform. I have found they don’t hold up as well for races over one and one eighth miles and under five and a half furlongs, but that may just be my own personal experience.

Overall, if you are looking for the fastest horse in a race, a good place to start is the speed ratings. Unfortunately, that very fact makes it difficult to make money on horses that have proven they are the fastest horse. When you are handicapping horse races for profit, being right is important, but making a profit is more important.

Being able to scan a form and pick a few races where one horse stands out as the fastest horse may impress your friends, but being able to find one or two horses that do not stand out, but may still win at a nice price, is what the real pros do, day in and day out.

Therefore, there are several ways to make money off speed figures. One way is to find a race where the horse with the best figs. has a few questionable factors, such as moving up against classier horses, changing distance, or surface, etc. There is always the bounce factor to consider, as well.

It is better to find a race where the speed isn’t so clear and you may get a price on a horse that will benefit from a pace scenario that favors its style of running. Though the horse may not have the best speed figures, it is still a good bet because it is at longer odds and the horse with the best figures doesn’t always win. Pace plays a major role in most races. Another factor that can change the expected outcome of a race is equipment changes and horses that are improving or declining.

The point is that it is hard to make money betting the horse with the best speed figures, but easier, though still not easy, to make a profit from your horse racing handicapping, by betting on the horse that will surprise at a price.

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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By Bill Peterson

Handicapping horse races can be a lot of work if you get into it in depth and try hard to make a profit. As many people find, there is no easy road to riches when betting on horse races. You can use a simple system if you just want to be a recreational bettor and have a nice day at the races and perhaps make a profit.

But if you are seriously trying to make money at it, you will have to work hard and learn your craft, and even then, it may not be enough. There are people who grow weary from trying to handicap the races who try to find a way to just use the odds and to manipulate their bets in such a way that they make a profit.

Years ago, Dr. Z showed us that he could make a profit from place and show bets just using some simple calculations and by following the pools off the tote board. I think it would be safe to say that Dr. Z., a mathematics professor, was a mathematical genius. It would also be safe to say that he not only proved it could be done, but by publishing his system, so that it was available to many people, also made it very unlikely that you can do it today. The problem is that now too many people know how to do it.

That ruins the odds and also makes it difficult to get that last minute bet in without seeing the odds make their last flip down and wiping out any advantage you may have had. Across the pond, in great Britain, where bookmakers still make odds, it is possible to structure bets according to a system and to make a profit, if you are good and the book maker isn’t paying attention, but bookmakers rarely let you get away with that very often. They are trying to make a profit, too.

My own experience has been that there isn’t a way that I have found to consistently make a profit strictly by watching the odds board. However, I have found that certain discrepancies in the pools show that the stable is betting its own horse. That is the only gold I’ve found lately on the tote board, but just knowing who is betting their own horse can be a real gem, if you think about that.

I’m not saying there isn’t a way to make a profit from betting the odds board, just that I haven’t found it in all my years of staring at them.

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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By Bill Peterson

In Part One of this series I explained that a few ticks (a tick being one fifth of a second) at the beginning of a race can amount to a lot more at the end of the race. A horse who runs 23:2 in the first quarter mile rather than the 24 it would have been more comfortable with, may actually finish the race a full second or more slower than it would have if it could have set its own fractions. The point is that early pace can have a dramatic effect upon the final time. If you think a horse will run a few ticks faster in the early stages than it did in its last race, you have to deduct more than a few ticks from what you think the final time will be.

No discussion of pace and times would be complete without talking about track variants and models, and of course, track biases. Track variants are just the differences in how fast a track is from day to day. Many things can change how fast horses can run on a track, moisture is the first factor. With the advent of poly tracks that may have been negated somewhat, but is still a consideration. How the track is groomed and how much sunlight has hit the track as well as ambient temperature all make a difference.

The track that $10,000 claimers easily ran 6 furlongs in 1:10 flat yesterday may find the same class of horses struggling to run 6 furlongs in 1:11 today. Speed figures and variants are calculated by comparing races from day to day and then making adjustment to final times and fractions. So if you handicap a race today and want to compare fractions to determine pace, like we did in Part One, then you must also compare variants and make adjustments.

Rather than do all my own calculations, I use one of the popular past performance providers whose pace figures seem to hold up rather well, though they are not infallible. Horse racing handicapping is a time consuming business when done properly so it helps to have reliable sources of information that save time.

I also use their stats and track models to know what has been winning at the distance. For instance, if I see that almost all 6 furlong events are won by a horse that manages to be two lengths or less from the leader at the half mile call, I start to look at horses that figure to be able to position themselves there in order to be close enough to strike in the stretch.

Other than the other handicapping factors that I use to eliminate some horses from consideration, I look at the pace scenario that I expect and then at the horses who figure to be there. The question always boils down to this, What will the early pace scenario be in this race, i.e., fast or slow, and how will that affect each horse in the race?”

Looking at pace figures and running styles, I try to place each horse throughout the race and then, based on that, I determine which runners will have a chance to win in the stretch run. Obviously, pace handicapping is not an exact science and many other handicapping factors come into play, but if you can adjust pace figures and determine a pace scenario, then compare it to the race model for winners at the class and distance, you can very often narrow your choices down to one or two horses.

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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By Bill Peterson

Pace and times are a complicated subject and I couldn’t possibly put everything you need to know to be a successful pace handicapper into this one article. I have been studying pace and handicapping for years and I am still learning. However, just understanding the relationship between early fractions and final times is a good place to start when learning horse racing handicapping.

How fast a horse runs at the start of a race has a lot to do with how it will finish the race. You also have to factor into that equation the track variant and running style of the race. For the sake of this article, we’ll leave the variant out of our handicapping. I’ll write about that in part two.

There are different running styles and of course there is also a jockey who may try to change a horse’s running style and natural pace. For instance, if a horse is a closer that likes to start a race at an easy pace and then gradually build up speed, putting in a good final rush at the end of the race, the jockey may decide that just won’t do and pushes the horse to move faster at the beginning. This may or may not work out well. It will depend upon how well the horse adapts to the faster early fractions and how fast the other runners run in the final fractions.

The important aspect for the handicapper to note and use to his or her advantage is whether this tactic was used on a horse in its last race. If a horse was urged to run faster than it wanted to in the early stages, or was throttled back in the early stages, it may have a negative impact so the animal’s last race is not a good indication of its current form or ability. When I am looking through the past performances and see a line that is out of character compared to the rest, I know something was up and must try to determine why the jockey rode in this fashion.

Let’s take a 6 furlong event as our horse racing handicapping example and look at the fractions to try to understand the relationship of early pace to late pace and overall race times. First of all, let’s say this is a five horse field. The favorite, let’s call him Bob, an early speedster, shows a first quarter of 24 in its last race, a 48 in the half mile call and a 1:10 flat for the final time. No other horse in the race shows a 1:10 so the crowd figures Bob is the fastest horse in the race.

A closer look at the Bob’s lines indicates that he ran on the lead, unopposed in his last race, 2 lengths ahead of the next horse. Bob got loose in the race and managed to set the fractions and run his own race. He may not be so lucky in this race however, because Sam, another early speedster is also in the race. Sam wasn’t so lucky in his last race. He teamed up in an early speed duel and ran the fractions in 23:2, 46:4, finishing his last race in 1:10:4 and losing by four lengths. Both Bob and Sam are probably going to hook up in this race and if the jockeys can’t keep them on a sensible pace, they will use most of their energy in a speed battle.

If that happens and they run side by side and set the same fractions that Sam set in his last battle, Bob will probably not be able to manage another 1:10 flat unless the track is a heavily speed favoring track. If Sam’s jockey can rate his horse just behind Bob but push Bob along as Bob tries to maintain a lead like he did in his last race, Sam may be able to win.

For instance, if Bob feels the pressure from Sam in the first quarter and they go 23:2, but then Sam’s rider manages to back him off for an easier second quarter, of say 48:1, while Bob, still feeling the heat from Sam races three lengths ahead of him and runs a 47:3, then Bob is going to be mighty tired entering the stretch, whereas Sam might have a little left in the tank to put him away. With that softer second quarter mile, Sam may be able to come close to Bob’s earlier mark of 1:10 flat. Even if he misses it by a tick or two, Bob will not be around to challenge him.

The point is that racing a few ticks faster earlier in the race can amount to a lot more at the end of the race. Going the first quarter in 23:2 instead of 24, and the second in 47:3 instead of 48 may amount to a finish in 1:12! The difference isn’t always the same but must be calculated exponentially. A tick in the first quarter can be 3 or 4 at the end of the race.

Of course, all of this is hypothetical based on what you think each jockey and horse will do in the situation. There are still three other horses in the race who must be reckoned with. In this case, if you think that Sam’s jockey will do just what I’ve outlined and will actually have the better horse at the end, the next thing to look for is any horse in the field that will benefit from that pace duel and the softening of Bob.

Finding a horse that will be coming from off the pace and closing in the stretch may put you on a longer priced winner or a horse to play with Sam in an exacta. In this scenario, the favorite may well run out of the money or at least miss the top two spots. It is a golden opportunity to make some money from good horse racing handicapping.

Now the disclaimer, don’t always expect horses to run the way you think they’ll run. Horse races are hard fought sporting events. Jockeys must make split second decisions, many things can happen during a race that will alter the result.

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/ 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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By Eb Netr

There’s an old saying, “Those who can, do. Those who can’t, teach.” That may be true in some areas, but it shortchanges teachers, some of whom are very dedicated to teaching other people what they know.

Some people teach because they love to share their knowledge with other people. These are the people who get talking about their favorite subject and don’t know when to stop, even when other people get that glazed look in their eyes.

For me, dog racing is an exciting, challenging, very interesting way to make money, while having a good time. I’ve never been big on working my fingers to the bone helping someone else get rich. I like working for myself and being my own boss. I also like greyhounds, so finding a money-making hobby was a no-brainer.

The problem was finding a reliable way to pick winners, quinielas and trifectas. The way I solved it was by learning the craft of greyhound handicapping over many years. This is how I came up with the two systems that have consistently made me money at the greyhound track for thirty years.

I know, without a doubt, that I wouldn’t have made half the money if I hadn’t developed a system early on in my handicapping. I don’t see how anyone can go to the dog track and just pick winners without a system to guide them.

Unless they have an old pro to help them ferret out the inside information that good systems help you find, they’re going to be just like the other 90% of bettors who lose on every program. Me, I’d rather be one of the 10% who win at the dog track. That’s why I use a good greyhound handicapping system every time I go.

If you’re young and intelligent and work for the dogmen, like I did when I started learning handicapping, you can probably figure out your own system over a few years. If you’d rather not do it yourself, the best thing to do is find a reasonably priced system, written by someone who has been handicapping for a long time. Use it on paper first until you’re comfortable with it and then use it to make money at your local dog track.

Use The 2Key Trifecta System to win at the dog track. The author, Eb Netr has been handicapping dog races for over 30 years and posts free tips and articles at http://ebnetr.com

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By Eb Netr

It seems there are two schools of thought on sports betting systems. There are the people who think that they’re scams. Then there are the people who think that they’ll just buy one and be picking winners in five minutes. Somewhere in between is the truth about sports betting systems.

1.Sports betting systems for any sport are only a tool – not a magic wand. Systems can help you handicap and pick winners, but they can’t do any more than a very intelligent handicapper.

2.Systems need good money management to work. If you don’t have a betting system and some self-control, forget about making money on games or at the track. If you’re not planning your betting strategy and being realistic about how much you have to spend, you could pick winners and actually lose money.

3.No sports betting system shouldn’t cost more than you’d spend on a typical day betting on your favorite sport. For instance, if you usually bet $100 on a game or race card, don’t pay more than that for a system. It just doesn’t make financial sense.

4.Even the best sports betting system only works if you read and understand the directions and try them out on paper before you bet real money. That’s just common sense.

5. It takes more than a system to win consistently at any sport. It takes dedication, patience, good money management and self-control. Add all of that to a good sports betting system and you’re very likely to make a nice little piece of change.

It’s human nature to want to get something for nothing, and that includes easy money. However, it’s also human nature for unscrupulous people to sell very over-priced, useless systems to bettors who think that they can instantly pick winners every time if only they have the right system.

Be smart. Research before you buy any betting system. See what else the system seller has written about that subject. If it’s helpful and makes sense, then their system probably will also.

Eb Netr is the author of The 2Key Trifecta sports betting system to help you win trifectas at the dog track. Eb has been handicapping the dogs for over 30 years and shares his knowledge at http://ebnetr.com

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By Eb Netr

There are great dogs. There are lousy dogs. There are so-so dogs that spend most of their lives bouncing between Grade C and Grade B, never making it into the top grade, but hanging in there with enough wins and seconds to keep them from dropping down into the lower grades. You can make money on dogs like these.

If you follow dogs who never break into A, but hardly ever fall back into D, you can use them in quinielas, trifectas and Pick-3’s, 4’s or whatever your track has for Pick bets. The casual bettors – Friday Night Freddy and Saturday Afternoon Annie, won’t bet on them, because they don’t win that often. They’ll go for the favorite at 8-5 with a win in D and C and wheel it to win in a trifecta or quiniela bet.

While you, the more experienced bettor, will realize that dogs that are coming up don’t win as often as dogs who are moving down or dogs who stay at the same level by making the board in quinielas and trifectas, but not winning that often. I call these dogs “Bread and Butter or B&B dogs. So while Freddie and Annie are up at the window wheeling the “can’t lose” favorite, you quietly bet a quiniela box with the B&B dog, the favorite and another dog that you picked when you handicapped the program earlier that day.

If your other dog runs in the money and the big favorite doesn’t – which happens a lot – the quiniela could be a big one. I’ve hit some quinielas this way that were as big as small trifectas. It’s certainly worth an investment of $6 when you see one of these dogs in a race with a big favorite that’s moving up in class.

And if you have the money, bet the dog to win for $2. Every once in awhile, they do and they pay big. There’s nothing better than having a winning ticket on a dog that most of the bettors overlooked. This is just one way to be a winner at the dog track.

Eb Netr has been handicapping greyhounds for over thirty years. For free dog racing information and tips visit Eb’s Winning Greyhound Systems. From Florida to New Hampshire and all the tracks in between, Eb knows greyhounds. Find out what you need to know to win at Eb’s.

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