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- Computer Based Horse Race Handicapping And Wagering Systems Pdf 2017
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Points Based Staking: Beginner to Winner
Horse racing wagering is an easy way to add even more excitement to the celebrated sport of kings, but while casually picking winners based on trivial factors such as a catchy name or attractive racing colors can yield a lucky break once in a while, consistently making money from these wagers requires sticking to a defined points based staking system.
Dec 29, 2019 Bill Benter (1994) Computer Based Horse Race Handicapping and Wagering Systems: A Report A summarised article to let you have a basic understanding of parimutuel handicapping model. I am in the process of doing a 2,000 bet test of this particular system. Value based betting systems are not based on any one particular winner or 'idea'. It is based on a long term, volume betting mentality. The idea is to pick out horses at larger odds than normal in order to create a. In my late 30’s around 1990 I decided to use my computer skills to computerise and model UK horse racing form using a database built with 10 years of detailed horse racing form. It was over a period of 2 years that I concentrated my efforts on UK handicap races in conjunction with the betting. Computer Based Horse Race Handicapping and Wagering Systems: A Report. William Benter Additional contact information William Benter: HK Betting Syndicate, Hong Kong Chapter 19 in Efficiency of Racetrack Betting Markets, 2008, pp 183-198 from World Scientific Publishing Co.
A points based staking system is a methodical ranking process that can show a given horse’s likelihood of victory in a race based on past performance, present track conditions and the competing field, and working with such a system can greatly increase your odds of picking winners over time.
My Winners: Easy Point System for Horse Racing Wagering
Managing your Investment
Successfully generating a profit over time from horse racing wagers requires a fairly substantial initial investment of staking money. This wagering pot is then divided up into points, and determines how much you have to stake on each bet. Managing your investment judiciously is critical to sustained profits, as even a winning bet can end up losing money in the long run by choosing an unprofitable wager. The most successful bettors are known as professional handicappers, and they work to find the most profitable bets while minimizing their losses on unlikely wagers.
Handicapping horse races begins with an examination of the various factors that go into winning a race, which allows a calculation of the appropriate amount to place on a bet. This calculation starts with 100, or all of your staking pot, but horse racing tracks typically collect a portion of all wagers placed on the day to cover track expenses. This fee is known to insiders as the “vig,” and as the typical rate is 20 percent, most calculation systems in widespread use, start at 80.
Next, the 80 can be divided by the size of the field to show how much each factor will determine the winner of the race. For example, an event with an 8-horse field would render an equation of 80 divided by 8, equaling 10. This figure can then be converted to a percentage, making each factor worth 10 percent, or a “unit” for handicapping purposes.
Factors
Horse racing is known for its exciting and unpredictable finishes, but the vast majority of horse races can be narrowed down to a few true contenders long before the starting gun by considering the abilities of each horse. An evaluation for handicapping purposes starts with finding the class horse, which is calculated by dividing the horse’s yearly winnings by the number of races won if it has had 5 races or more, and the winnings by the number of starts for horses with less races. The horse with the highest winnings per start average is the class of the field and receives a unit.
The next most important factor is consistency, which is determined by dividing the number of starts by the wins accumulated over the year. Jockey winning percentage and trainer winning percentage are also highly indicative factors of a horse’s chances at the victory circle, each worth a ranking unit on their own. Speed ratings are commonly used to measure the capabilities of horses, but where they are unavailable the horse with the fastest time on the surface of the day and at the current race distance receives the unit. Also factored in is the horse’s last racing performance, with the most impressive display receiving a unit in the factoring process.
After determining the influence of central factors for each horse in the race, percentages can be assigned to each runner. The class horse of the race receives a 10 percent ranking bonus, and the factors are tallied to give each horse a projected chance at winning, shown as a percentage. These percentages can then be converted into fractions, meaning that a horse with a 50 percent ranking would win races roughly half the time.
Favorable Odds
From this point, ensuring a profit on horse racing wagers is done by taking advantage of favorable odds. For a horse ranked at 50 percent, any wager set to pay more than $4 for every $2 wagered represents a profitable bet, and as the odds constantly change leading up to the race, savvy bettors watch the odds carefully until the last minute before placing a wager guaranteed to show a profit as a winning bet.
Wagering on horse races is one of the oldest forms of public entertainment, and handicapping horses is a way to turn the fortunes of the day in your favor. There are many effective horse ranking systems that help horse racing enthusiasts gain an edge, and understanding the basics of how it’s done can help you devise your own advanced system and achieve even more consistent success.
For more information about the upcoming horse racing events in the US, visit the sports and horse race betting hub https://www.mywinners.com/ for all the latest information and if you’re feeling lucky, you could even place the odd bet or two.
This horse racing system simply works by placing the same stakes ( i.e. £10 on each selection ) but it also has some rules, which are pretty straight forward to understand.
The amount of selections you bet on this horse racing system is determined by the odds of the favorite, I have placed a table of odds below for you to show how many selections can be bet upon.
All odds below are in decimals and are the odds of the Favourite in any given race.
Odds of Favourite In decimals Bet On First
Between 3.00 & 4.00 2 Horses
Between 4.00 & 5.00 3 Horses
Between 5.00 & 6.00 4 Horses
Between 6.00 & 7.00 5 Horses
Between 7.00 & 8.00 6 Horses
Let’s just imagine that the first race you wanted to have a bet in is the 2.10 @ Ascot. Simply navigate to that particular race at your chosen, betting exchange, bookmaker website or go down to your local bookies and take a look at the odds/prices that you are being offered.
Now for this horse racing system to work, let’s say for arguments sake that the favourite was being offered @ 5.3. Take a look at the above table and look for 5.3, there you will see that you are allowed to bet on the first 4 horses in the betting market i.e. 1st Favourite, 2nd favourite, 3rd favourite and 4th favourite, making a little more sense now??
The same goes for any price that the favourite has within the odds displayed in the table above. Sims 4 slave mod.
This horse racing system, called “Level Stake” betting, has been around for “Donkey’s” years but not too many people actually do it, simply because the majority of punters are looking for a BIG win with every bet they place and to be honest they lose almost ALL the time.
Selections process for this horse racing system is very easy to do: if in your chosen race the favorite has odds of 3 at Betfair then you are allowed to place your stakes on the favorite and the second favorite in the betting. Older versions of fire fox.
If in this horse racing system you placed say £10 on each one, your total outgoings are £20. If the favorite were to win you would receive back £20 in winnings and your £10 stake money as well, so a total of £30.
If the second favorite were to win at odds of 5, then you would receive back £40 plus your £10 stake money back for a total of £50 return.
If you were to select a big race where the favorite was priced up at 7 on Betfair then you are allowed to place your stakes on the first 6 in the betting.
If you were to select a big race where the favorite was priced up at 7 on Betfair then you are allowed to place your stakes on the first 6 in the betting.
It is a very simple horse racing system, but highly effective and if done properly can make a very nice second income.
I have personally had winning bets of up to 25/1 although these are very few and far between it’s very nice when it happens.
Level Stakes betting can be used with nearly all races, with just a few exceptions which are listed below.
1. Do not bet in “Maiden” races. I find these to be very unpredictable and results can vary.
2. NEVER bet in handicap races with over 16 runners, again very unpredictable and there are always much better races to bet in.
3. Never bet in “Apprentice” races, although there are some pretty good apprentice jockeys around you WANT a pro jockey that knows exactly what it takes to win a race.
Another variation of the above horse racing system is to MISS OUT the favourite and use the second favourite as your stating point. This enables you to add more selections and get bigger priced winners.
If you copy how I make my selections below then you will be quids in week after week.
Computer Based Horse Race Handicapping And Wagering Systems Pdf 2017
If you decide to place your level stake bets with the favourite included, then this horse racing system is straight forward enough as ANY race that meets the above criteria is fair game but if you wanted to narrow your search down and just find between 2 & 4 races per day to play in, then just copy the following to achieve a VERY high strike rate.
You will need any “run of the mill” newspaper ( I prefer “The Sun” ) that has racing pages in its sporting section.
Plus you will need to register yourself at the http://www.racingpost.co.uk website if you haven’t done already then go do it now, it doesn’t cost anything.
On racing day, to apply this horse racing system simply log onto the racing post website and go through ALL of that days racing, you must mark off ( in your newspaper ) the selection that the racing post gives as its most likely winner.
When you have done that you then look at what your newspaper’s two tipsters go for in that particular race. If ALL 3 ( 2 X newspaper tipsters plus racing post) select the same horse then that COULD be a definite bet. Then simply do this with the newspaper for ALL the races of the day. Don’t be put off at all, it takes about 10 minutes to do, not a lot of time for a horse racing system that could change your financial future.
Once you have done that you need to go to Betfair and simply check the odds for the horse that ALL 3 tipsters have given. If the odds are acceptable with the odds in the table then you have a definite bet and you stake on however many horses that the odds in the grid tell you to.
The other variation of this horse racing system is where you miss out the favourite all together and the selection process for this is much simple and quicker.
Simply miss out all the “Danger” races as described on the previous page then try to find races that have between 12 & 16 runners, especially handicap races because in handicap races horses are allotted different weights to carry, which in effect gives ALL horses the same chance of winning.
Then all you need to do for this horse racing system to work is to get the odds for the SECOND favourite and place your stake money down on as many selections as the table allows you to.
Now you know how easy it is to make your selections, you will now need to know how to make best use of your betting bank.
We will take a £1000 betting bank as an example but you can start with however much you can afford, this horse racing system works for everybody!
Simply divide your betting bank by 100, so for a £1000 bank this figure is £10. So £10 is the amount you should place on your first ever race.
Computer Based Horse Race Handicapping And Wagering Systems Pdf Format
Let’s now say that in your first race you can bet on the first 4 horses, you divide your first bet of £10 by 4, which equals £2.50, so £2.50 is the stake money that you place on the first 4 selections in your first race.
I can just hear you say “Hey, staking a mere £2.50 on a horse, this horse racing system is not going to make me rich!!”
Well, its not and is not meant to either, yet! You should look at this as a long term venture and protect your betting bank as best you can. Dividing your betting bank by 100 gives you 100 losing bets before you go bust and that just is not going to happen.
In the £2.50 example above if the favourite wins then you will win a level stake profit of £2.50 BUT if the favourite loses and an 8/1 shot wins, you will then pick up a nice £12.50 profit.
Then as the days go by your betting bank increases and then so does your initial stake money and soon instead of placing £2.50 on each horse you will find yourself placing £22.50 on each horse, I can see how you start enjoying this horse racing system now!
ABOUT THE AUTHOR: John Anthony is a recognized authority in the PRO gambling world. His worldwide famous Horse Racing System, the Sure2Profit Calculator PRO 1.8, has helped over 1,288 people making up to ?80,000 per year on Tax FREE profits.
Computer Based Horse Race Handicapping And Wagering Systems Pdf Free
Find out how to become one of them here:http://www.sure2profit.com/software.htm