Horse Racing Handicapping Tips

Horse racing handicapping should include analyzing the human element, especially in claiming races when a horse makes his first start for a new trainer. It’s quite common among novices simply glance at a horse’s speed indexes and final times when making their selections, but wise handicappers compare the records of the current and previous trainer. The several questions may arise: when is the right time to wager on a horse in a new barn, why does a horse suddenly improve or regress for a new trainer, what rules should we understand about a newly claimed horse?

We must first analyze the record of the former conditioner before we judge whether a trainer can improve his recently claimed horse, for instance, if high-percentage trainer claims a horse from a trainer with a poor winning percentage, we can assume the horse will improve in his new surroundings, and if a low-percentage trainer claims a horse from the track’s leading trainer, we can conclude the animal won’t improve – more than likely, he will regress.

Quite often, we are able to eliminate from consideration a betting underlay when the horse goes from a high- to a low-percentage barn. Indexes of a high recent speed horse for a leading trainer often has declining figures for a new outfit. This may result in betting overlay when a horse with dismal recent form for a low-percentage trainer hooks up with leading trainer in wins.

On the one hand, a claimed horse returned at or below its last claimed price used to be considered a negative but with higher purses nationally, a claimed horse can earn a sizable pot even if he is returned at the level he was purchased. More trainers are willing to risk possibly losing their newly claimed horse for the same or even a slightly lesser price because they would still earn a profit from the purse winnings.

It’s easy to understand why some trainers are willing to run their newly claimed horses at or below their claimed price – they place their horses where they are most likely to win, and even if another trainer claims one of their horses, they will show a return on their investment if the horse wins or hits the board.

Always consider jockey and equipment changes – a horse claimed from a low percentage stable is likely to have a top rider for his new barn, and a leading jockey on a newly claimed horse would be a big improvement over his previous riders who might have a low win percentage.

For a successful analysis of a newly claimed horse, we must know as much about the new trainer as we do the horse. Remember, handicapping the horse and trainer separates the novice from the veteran.

Horserace Betting Tips for Beginners

For many of us having a bet on the Grand National is about the extent of horserace betting but what about if you fancy taking a jump into this jargon fueled minefield? There is no question that being a beginner in horseracing betting is very daunting indeed as there are so many imponderables: the going, the draw, the handicap and, of course, the trip.

As with most jargon the reality is far less complicated than most would have you believe and for some reason the seasoned pro often sneers at the beginner which does little to encourage the novice. So let’s explain some of these important factors.

The Going: this refers to the state of the ground that the horse will actually run on and is arguable the most important single factor. Picture yourself running on sand, tarmac and grass – you will clock a very different time over the same distance on each type of ground this is the same for horses. Equally, if you challenged a friend of similar fitness you are likely to find that you are better on, say grass, and your friend is quicker on the sand. This is very true of horses, some love ‘some cut in the ground’ – softer ground – and others love to ‘hear their hooves rattle’ – firm ground. It really is as simple as that, you then have to found out which horses prefer which ground and make sure they are on their favored surface before placing your bet.

The Draw: if you picture the starting stalls of a horse race, the draw is simply which stall they will come out of – this is NOT necessarily the same as their number on their side underneath their saddle. But what’s the big deal? On some racecourses whether you are drawn high or low can make an enormous difference to your stead’s chance. For example, Chester racecourse is very ‘tight track’ meaning the bends are very sharp – it is in fact like a circle – and therefore as you can guess it is generally favourable to be on the inside rather tan taking the long way round. Obviously, the longer the distance of the race the less this factor will matter which brings us neatly on to ‘the trip’.

The Trip: this is simply the actual distance of the race – in horseracing, like in athletics, there are many different distances for races and, like in athletics those better at long distances are rarely as good at sprinting. For example, the Grand National is 4 miles and a half miles and the shortest distance is just five furlongs. Ah, ‘furlongs’, what is a furlong? A furlong is exactly 1/8th of a mile, so four furlongs is half a mile. Why do they still use furlongs in horse racing? Who knows!

The Handicap: a lot of horse races are handicaps and this is, for once, exactly as you would expect it to be. The best horse in the race will be given more weight to carry than the worst. The theory being that this will level up the chances of every horse but inevitably because of all the other factors discussed above this rarely happens. Nobody said horse race betting was easy but at east hope fully you are now armed with some basics to kick off with. Good luck!

Horseracing Today 25-08-2010

Hello Everybody,

Horseracing Today was of a good start.

We have started our live trading session using the HiPro86 Horse Betting Software Robot and we got off a real good start. The Horseracing Today was on our side and we ended the first day with a nice +3.89% in net profits = +9,71 EUR.
We started our account with 249.71 EUR today (25-08-2010). You can see I had deposited 250,00 EUR into the new created Betfair account on 11-08-2010. I had to test the horse betting software and did some adjustments which brought the account slightly down. But that is alright and our starting betting bank will be 249,71 EUR on Horseracing Today.

We used the following settings on the HiPro86 Horse Betting Software for the coming session and used it on the Horseracing Today.

The Master System Settings we use will be a little different to what the Info Panel of the software application is offering. We try to use a little more secured settings, knowing though that this is still betting and profits cannot be guaranteed. However, we can minimize risk and at the same time achieving some nice profits on Horseracing Today. The stakes my look low, but the profits can add up nicely because there will be a good number of matched bets using the Master System.

Master System Settings

Just 0,33 EUR being the stake? Yes, we use just 0,33 EUR being the stake! Since we use the max odds to be 19.0 on Betfair we can await a number of matched bets.

And that exactly happened in the Horseracing Today. We had 15 bets out of which 14 were winning bets and 1 losing bets. That is really good….

Range Master uses the same selections as the Master System does. However, Range Master uses those selections which trade higher than the odds of 40 on Betfair. We follow the recommendation and use the same settings as shown inside the Info Panel of the software.

Start odds to be 40 and End odds to be 250. Since we limit our risk with each possible selection to not lose more than 50 EUR we know that the stakes will be low as well. But since the strike rate goes as high as 98%, means we will win 98% of all matched bets, we think risking 20% of our total bank should be “ok”.

On the Horseracing Today we achieved a profit of 2,16 EUR made from 3 winning bets. Knowing that we risk 50 EUR per each matched bet, it means that we got a profit of +4.32%

Using this settings would mean we get about 1 to 3 matched bets each day. On Horseracing Today it had been 3 matched bets.

Range Master Settings

Favourite Kill System uses selections which are of lower odds. The settings show that we take odds of up to maximum 9.00 on Betfair.

We use small stakes again. With the settings using 9.00 on Betfair and trying to recover losses within the next 2 matched bets, we are risking 13.20 EUR in case we will be matched with the odds of 9.0 on two consecutive bets and losing them both on Horseracing Today. This can happen, because mostly we place the bet with Favourite Kill against the Favourite Horse as what the System name already announces.

Well, the Horseracing Today gave us a fantastic result on our first trading day. 9 winning bets and 1 losing bet. All this on low odds. A tremendous profit of 3,63 EUR which represents +27.5% based on the risk we are taking.

Favourite Kill Settings on Horseracing Today

Alright, as said a few times already. It was a real good day at the Horseracing Today.

Finally I would like to show the Betfair account settlement. A 5% commission has been  deducted.

Well, there is a lot more to come…

Come back here and see the true results HiPro86 is achieving. They offer a 5-days-free trial. Go to http://www.hipro86.com and sign up. There is no obligation.

There will be bad days as well and those are coming definitely. But at the end of the month or maybe a few days later we hope to see some nice overheads. The Horseracing Today was off a real good start and we will see more like this.

Horseracing Today brought the following results:

Master System

14 winning bets – 1 losing bet – average matched odds: 12.02

Range Master System

3 winning bets – average matched odds: 71.67

Favourite Kill

9 winning bets – 1 losing bet – average matched odds: 5.50

Profit: +9.71 EUR

New Bank: 259.42 EUR

Profit on initial Bank: +3,89%

Happy Racing on the remaining

Horseracing today.

Thomas