Betting horses is usually a lot more enjoyable if you are winning! Just remember two things. One, you are playing against fellow bettors, and two, racing percentages do not lie.
Since you are playing against other horse bettors, you must be self discipline. Being self discipline along with knowing percentages will give you an edge on 90 percent of the bettors you meet at the racetrack.
The points below assume you have absolutely no handicapping skills at all.
1. Percentage Facts – Public betting favorites win approximately 33% of all races and finish second 53 percent of the time in the United States. Generally, second choices win approximately 21% of all races and finish second 42% of the time. Thus, generally, the top two choices win 54% of the races and finish second 74% of the time. In addition, you might even want to consider the fact that third choices win approximately 14% of all races run over the course of a year.
In addition, public favorites in 6-horse fields win approximately 40% of the time at an average win price of just over even money, while public favorites in 12-horse fields win approximately 27% of their races at an average win price of almost 2-1. Thus, this tells us that public favorites in larger fields win a lower percentage of the time but pay better.
The key to winning using the above percentages is being able to determine which of the top three choices actually has a real chance to win. Thus, knowing the above percentages, can help slant the odds in your favor. I really suggest getting a copy of the Daily Racing Form to further your ability to win at horse racing.
Although, the above percentages can really help you be a winner, the best percentages available in the Daily Racing Form are the jockey and trainer statistics, trainer pattern statistics and jockey-trainer combo statistics.
Jockeys who win at a less than 10 percent are poor investments and I suggest that you stay away from them. Jockeys that win at anyway from 10-15 percent are a little better and jockeys who win at 15-20 percent are worth a second look. However, jockeys who win at 20 percent or better of their races can be like money in the bank. Generally, jockeys who win a high percentage of their races that they ride, can have their choice of the best mounts. In addition, these jockeys generally have skill sets that are much better than their fellow riders.
You will find that the top percentage jockeys are on at least one of the top three public choices in a race and sometimes on all three. However, while a top percentage jockey often has a chance to win regardless of the odds, you really want to watch for them on are those among the top three public choices! Once you get the jockey percentages, you can then look at the trainer percentages and the jockey-trainer combo percentages to see if these numbers improve the odds even further in your favor.
Partnered with a top jockey and a top three betting choice, high percentage trainers usually win with a top jockey.
The next statistic to look at is the jockey/trainer combo percentage. This statistic tells you how many times over the course of the year and at the current meeting that the jockey and trainer have hooked up. In addition, it provides their win percentage when working together – thus, know this!
The top trainer/jockey combos have excellent percentages and almost always indicate the trainer is trying their best to win. If the jockey/trainer combo win percentage is good, the third element of the percentage puzzle is complete.
Finally, you want to look at what is known as the basic trainer patterns. These trainer patterns are based on the horse’s current situation in this race and show percentages such as dirt to turf switches, layoff times, etc. These patterns provide insights into a trainer’s strengths and weaknesses, and a high percentage trainer pattern again increases the odds of winning in your favor.
I suggest that you do the following to win at horse betting: Find the top three public choices then look at the percentages. If the percentages are good all around, bet the horse to win and place. In addition, bet twice as much to place as to win.
If the percentages are not in your favor, do not place a bet on the horse race. Use self discipline and wait until the percentages are in your favor! Just remember, you have to wait for the perfect opportunity if you want to win long term!
In conclusion, there are two things you absolutely must do if you want to make a profit betting on horses, apply the proven percentages and have the discipline to wait for the right horse in the right race.
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