Patience and Discipline. The two go hand in hand.
If your the type of person who goes to the track once or twice a season, then your there to have fun and play every race. Patience and discipline have no place in your life; if your the type of person who bets on thirty or more races per week, patience and discipline should be the Rules To Live By.
Most handicapping systems win an average of one-third of all races played. At that ratio, three wins out of nine, one could lose twelve races in a row and still maintain that ratio. I personally use a betting scheme that allows me to lost twenty races before I lose my racing roll. The point being is that any system can go for a funk, whether it’s the morning line or Beyer ratings. When ever you are losing, your hindsight is twenty twenty and other systems look better. Trust me, as soon as you change to a different handicapping system, your previous one will start winning. Bouncing around from one system to another is a sure-fire way to lose. If you are going to change your handicapping method, do it after a win. Patience and discipline can make almost any method viable.
A Race Horse is an athlete, like any athlete, there’s peaks and valleys. Pick a football quarterback, all have a completion percentage of over 50%, I guarantee that everybody has seen their favorite quarterback start a game 1 in 9, and then completes 10 of his next 12. Same thing in hockey, with scoring or point droughts, its just a section that goes hand in hand with the scoring or completion streaks of all athletes. I’ve tracked many handicapping stats and methods, for literally thousands of horse races, and have seen uncanny winning accuracy as well as totally on the wrong track, totally out of the money. Stats are stats, and a combination of stats is a method. The point is, it’s all part of the average. Developing patience and discipline is one thing, but to make them effective, you need Rules To Live By.
Rules to live by compliments the handicapping system. Rules will increase your odds of success for your system.
- Your racing roll must be large enough to support your horse racking system. You can’t afford to be scared off from placing a wager because you’ve lost seven in a row and are now running out of money. This relates to rule two.
- Set your minimum odds at two to one. If the system wins one of three, then two to one is break even, unless you use money management as previously discussed. (see money management). Betting on horses that are less than two to one will eventually break your racing roll.
- Limite your bets and raise your winning percentage. You don’t have to play every race. In todays world of Off Track Betting, you can play as many races as you can handicap. I handicap two or three race tracks per day, giving me twenty-five to thirty races to choose from. Out of all those races, there are maybe eight that satisfy All of my criteria. (if my top three horses are closely ranked, then that race is a wash, I must have a clear cut winner) Out of the eight, three are eliminated because their odds are too low. By always following my own rules, and Never changing, my winning average is now at closer to fifty percent.
Remember, these are my rules to live by, and can be adjusted or modified as required. An example, on one my handicapping systems, my minimum odds are set at five to one. I will never place a bet at odds under two to one on any system.
Every horse racing season I track numerous stats to refine my handicapping systems, but my rules never change. You should track your wins to see if there is a pattern, ( do you have more wins in sprints or routes, claiming or allowance, etc. ) the more data, and the further breakdown of that data into sub-categories gives you endless ways to adjust your system.
My racing season will be starting soon, and I will post my collection of various stats in blocks of one hundred races.
As always, any comments, suggestions, or questions, contact me at the link provided below.