| If you want to make money on a horse racing system, | | | | You can use this information to size up the favorite |
| or at least break even, then you have to be aware of | | | | and the race and to make adjustments. |
| the favorite and its chances of winning. Because the | | | | First of all, the fewer horses in the race, the greater |
| largest amount of money bet on any horse in the race | | | | the chances of the favorite winning. So if you are |
| is bet on the favorite, you are always waging a war | | | | looking at a race and only 25% of favorites win such |
| against that money. In horse racing betting, your money | | | | races with a field size of 10 horses, but today there |
| is your weapon. You use it to win more money or you | | | | are only 5 horses in the race, you know the favorite's |
| lose it, but either way, you can only win if you have the | | | | chances of winning are much greater than 25%. Of |
| money to wager and it is your weapon, trust me. | | | | course, the opposite would also be true if the field size |
| Therefore, knowing the statistical probability of the | | | | is much larger than the average. |
| favorite winning or losing is very important. Here are a | | | | If you handicap a horse race and find a horse that is |
| few things you can use to follow a system for rating | | | | going off at 4-1 and you think it can beat the favorite |
| the favorite's chances... | | | | and the favorite has a 25% chance of winning and the |
| First of all, there are now past performances that tell | | | | winners are just as likely to win at less than 5-1 then |
| you the winning percentage for favorites in any type | | | | you know your horse has a good chance. If the |
| of horse race. They are included on each of the races | | | | favorite is at even money, then its chances may be |
| in the program. They only cost a few dollars per | | | | better than 25%, but certainly not enough to offset |
| program and you can download them from the | | | | that difference in odds. |
| internet. They tell you the number of races that have | | | | 1. Always rate the favorite first using the statistics for |
| been raced that match those conditions, the average | | | | that race adjusted by field size. |
| field size, and also what percentage of horses win at | | | | 2. Look for horses in an odds range with a high win |
| odds of less than 5-1, and what percentage win at | | | | percent to beat the favorite. |
| odds of 5- to 9-1 and then which horses win at 10-1 or | | | | Using the statistics you can now understand when a |
| more. | | | | favorite is at a fair price or over bet. |