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Horse Players - Check Out this Free Horseracing Handicapping System

By: Mike Beale

You can be a successful horseracing entrepreneur even if you have never bet a horse before and have never read the racing form. If you are looking for a horse racing method that is both profitable and easy to use, why don’t you check out this system? It only has three rules yet it is so easy to follow that anyone can make money with it.

I’m going to show you the rules, and then I will tell you why the method works and critique its strengths and weaknesses.

Here are the Three Rules
1. The race has to be a claiming race but it can not be a maiden claiming race. You can see if the race is a claiming race by looking in the race conditions at the top of either the track program or the past performances.

2. Next you calculate each horse’s LPS, lifetime earnings per start. Just divide each horse’s lifetime earnings by its lifetime starts. Look for the horse’s lifetime earnings and starts in the upper right corner of its racing listing.

3. Place a win bet on the horse with the highest earning per start over its lifetime if its closing odds are 8-to-1 or higher.

Why this Horse Handicapping Method Works
Horses have different levels of ability. That is why there are different levels of class in thoroughbred horseracing. As long as a race horse is in good condition, he will be an easy winner if he is dropped to a much lower class level.

A horse that is selected by the method will have undoubtedly in the past been successful in much higher class levels. These horses in general can no longer win at their old class level because they have had injuries. So they are used by the racing insiders as “betting tools.” The trainers keep racing these horses because they feel that the horses can still win at the lower class level once they become healthy again. The trainer knows that if the horse can get back to its original level of competition even for only one more race, it will be an easy winner against the lower class horses in the race today. So because of manipulation by the trainer, the horses selected by this angle win regularly and win suddenly without showing any signs of improvement paying very high odds.

The System’s Strong Points and Disadvantages
This angle can be a big money maker over an extended period of time and will usually return a profit of 20% to 30% for each dollar that you wager. The percentage of wins of the system, however, is relatively low and will only averages from 10% to 14%. This means that when you use this method you should expect large losing streaks.

The number of consecutive losers for any handicapping system or method is determined by its win percentage. Let’s suppose as an example that you were winning 14% of the time, which is winning about one out of every seven bets. You should expect to see at least one losing streak of 34 losers in a row in every series of 1000 bets. So if we make the assumption of 14% winners, there would be 27 losing streaks of 10 or more losing bets in a row for each 1000 horses bet. This would mean that you would be losing 10 or more consecutive losers about 37% of the time while using this system.

One of the most important factors to consider when evaluating any handicapping system is the winning percentage. If you are looking for a system which has a much greater winning percentage than this system, you may want to consider “The Indicator Handicapping Method” which can be found at my website, turfanalyst.com.

Article Source: http://articlesrightnow.com

The original developer of Indicator Handicapping, Mike Beale, is also known as the Turf Analyst. You can download a free thoroughbred handicapping e-book at the Turf Analyst website: turfanalyst.com A supplement to this topic is available at: turfanalyst.com/betting-systems-horses.html

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