How much money do you bet per day on horse races at the track?
Let’s say you bet just $20 per race on a 10 race card at one track for $200 per day. You might do that twice a week. That is $400 per week, which adds up to $20,800 over the course of a year.
How much of that $20,800 will you get back?
If you believe the answer depends entirely, or even mostly on your skill as a handicapper, you are missing out on a golden opportunity to improve your return on investment.
Let me make my point about betting on horse races with an example from casino gambling.
Let’s say you are in Las Vegas and you decide to play dice. You walk into a fancy casino and you see three different dice tables. They appear to be exactly the same at first glance.
But then you read the signs posted above each table. Table one has a sign over it that promises “$1.20 back for every $2 you bet”. Table two has a sign over it that offers “$1.70 back for every $2 you bet”. The third table boasts a “$2.50 return for every $2 you bet”.
Which dice table would you play at?
If you enjoy winning money, table three is the only logical place to bet. And tables one and two should be empty. Who would want to bet there?
But in the world of horse race betting, the equivalents of table one and table two are just as popular as table three.
How can that be?
The reason is that until now, the horses who are in the $1.20, $1.70, and $2.50 ROI categories haven’t been identified and labeled as such.
But now, on my Power of Early Speed web site, they are.
The purpose of this web site is to show you where table three, the profitable dice table, is when you are betting on horse races.
And to steer you away from betting on horses who are going to be constant drains on your betting bankroll, the equivalent of dice tables one and two.
The idea is to limit your focus as a handicapper to the contending horses in each race who are most likely to be profitable based on a number of measurements of their running style as compared to objective measurements of the recent track bias of the racing surface they will be running on.
If you are like most handicappers you probably underestimate the importance of this factor. You could be the best handicapper in the world, but if you are choosing horses from the group that has the wrong running style for the track and racing surface you are betting on, you are all but certain to lose steadily.
The great news is that the reverse is also true. If you fish for winners exclusively among the horses who have the preferred profitable running style for the track and surface the race is being run on, you don’t have to be any kind of genius at all to improve your return on investment by leaps and bounds. Perhaps enough to become a winning bettor.
If you can use this handicapping factor to improve your return on investment by 20 percent, that would be an extra $4,160 of winning payoffs based on the $20,800 estimate. Moving from a $1.50 return to a $1.90, or from $1.70 to $2.10, or higher is doable. Remember, you don't have to become a better handicapper. All you have to do is choose the horse you like best from the contenders who are the best fits for the probable track bias of the track and racing surface you are handicapping.
For better results, rather than focusing on just one track, be flexible and find the tracks with the strongest biases and make those the tracks you bet on.