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

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.