How Handicapping Can Increase the Chances of Winning Bets in a Race Track

Author: lisagilliam | Posted: 27.04.2012

Horse racing has been one of the most enduring traditions in the in the world. For generations, this sport is considered by many as a nice way to earn some pocket change, but how exactly do you increase your chances of winning?

You to start by thinking about what type of bet you are going to place. There are different kinds of bets such as the straight up bet, and place bet. Straight up bets refer to winning bets, while a place bet refers to betting a horse would win third or fourth place in a race. The biggest payout would have to be the straight up bet or hitting the whole trifecta; determining who will place first, second, and third in exact order. After you’ve decided what type of bet you are going to place, you can increase the likelihood of winning by handicapping the picks.

Handicapping refers to the process in which competitors are given advantages or disadvantages as a way to equalize the chances of winning. The most favored to win is not necessarily the best pick, and this is where handicapping becomes useful.

Handicapping is based on the speed, pace, and weight of the horse, plus other factors like the track’s overall distance and win/loss records, using them to calculate the odds of which horse would most likely be the best pick. This is not an easy task, which is why different kinds of horse racing handicapping software were developed to make things simpler. These programs automatically performs a series of calculations to come up with the most logical choice so all you really have to do is fill in the necessary information.

These horse racing systems are a great handicapping tool and many people have benefited from it. However, the race track is very unpredictable, and while these programs help increase the chances of winning, it does not guarantee it. The unpredictability of the game—what makes it exciting for many—is still there. You won’t end up like a bored fortune teller every time you’re placing your bets.

Betting in a race track is a fun way to earn some cash, but it’s not a career; it’s not something worth trading for your day job. If you would like to learn more horse racing tips, you can find more relevant information at wisegeek.com/what-should-i-consider-when-betting-on-a-horse-race.htm and ehow.com/handicapping-horse-racing. You can also look for race handicapping software by using popular search engines.

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