| Horse Race tracks establish common betting pools for | | | | - Weight handicapping criteria in order of importance. |
| each type of wager in a race and deducts a certain | | | | - Make sure that the return is worth the investment. |
| percentage as a commission (approximately 15-29%) | | | | - Be consistent in your betting. |
| depending on the type of wager, before returning the | | | | - Bet only the tracks that you know best. |
| rest of the money to the winning bettors. We are | | | | - Bet the tracks where you get the best ROI. |
| surprised day after day at the track as we see folks | | | | - Consider horses that have won at the track that you |
| betting the favorites, so we decided to interview a | | | | are betting. |
| few of them for our video series on horse | | | | - Consider horses that do their best at todays distance |
| handicapping and wagering. | | | | and surface. |
| Many of the interviews indicated that people just | | | | - Bet your own picks not who "they" are betting. |
| wanted to play it safe, and decided to go with the | | | | - Pay Attention to the Jockeys and the Trainers. |
| flow. We tried to explain that the flow loses most of | | | | - Study - The horses past history, including when the |
| the time, and that they are actually wagering against | | | | last race was and the lifetime best speed. |
| the other people wagering at the park, and that their | | | | What did they learn NOT TO DO? |
| odds fluctuate according to how much money is | | | | - Do not be influenced by odds. |
| wagered on each horse. | | | | - Do not bet tips |
| After they went to our website and learned some | | | | - Do not bet a favorite under 9 to 5 to win. |
| basic betting knowledge, and advanced betting | | | | - Do not bet to show |
| strategies we got some feedback that their winning | | | | - Do not bet a Heavy favorite on top in an exacta or |
| bets were coming in more often. | | | | trifecta with under 8 horses. |
| I suppose the most compelling reason they changed | | | | - Do not feel that you have to bet every race. |
| their minds is that they actually met someone that | | | | - Do not bet when track conditions change. |
| makes a comfortable living betting on horse races. | | | | - Do not bet numbers or names. |
| These people were happy to win once out of every 8 | | | | - Do not bet on a trainer that has not won at the meet |
| races, and console themselves that they could have | | | | after the meet has run for 30 days. |
| lost more! When they met someone that consistently | | | | - Do not bet a jockey that has not won at the meet |
| made profits, and has to hire an accountant to report | | | | after the meet has run for 30 days. |
| his winnings to the IRS every year, they were | | | | - Pay Attention to the Jockeys and the Trainers. |
| flabbergasted! | | | | - Study The horses past history, including when the last |
| What did they learn TO DO? | | | | race was and the lifetime best speed. |
| - Never Bet 1st and 2nd choices in an exacta or a | | | | - Do not be afraid to pass races that have no value. |
| trifecta | | | | Many people lose money at this, simply because they |
| - If a Heavy favorite looks difficult to beat, bet it as an | | | | bet every race. You must wait for the right opportunity |
| anchor in a pick3 | | | | before you wager your hard earned cash. As sure as |
| (See Advanced Betting Techniques) | | | | the sun will rise every day, so will an opportunity show |
| - Do your homework in advance before arriving at the | | | | up for you to act upon. You can be part of the few |
| track. | | | | that regards horse wagering as horse investing, and |
| - Make sure to include all handicapping criteria. | | | | that just makes good horse cents! |