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Horse Racing Wagering System:
Business And Pleasure At The Racetrack
Past Performances Of Horses
Getting Rid Of Goats At The Racetrack
Speed Vs. Class In Horse Racing
Fundamentals Of Handicapping Horse Racing
Claiming Race System For Horses
$61,00 For $2 In 30 Days At The Races
Pulliing Out Of A Slump At The Racetrack
How To Bet Horses
More Horse Racing Tips
( Originally Published mid 1950's )
The writer, weary of reading many long-winded books about racing which contain nothing but vague generalities, has gone to the opposite extreme in this book.
Instead of discussing the improvement of the breed, how many ways there are for a horse to lose a race, or what percentage of races "probably are fixed," this book tells you exactly what horses to play, when to play them and how to play them.
Extraneous discussions which have little or nothing to do with the more pressing problem of how to cash a two-dollar mutuel ticket are shelved. Such academic es says, and the supposedly profound deductions drawn from them, generally are about as helpful as a man offering to buy a drink during voting hours on Election Day.
In this book, there will be no room left for doubt as to what horse to play, there will be no need for involved calculations. In fact, after an easy process of eliminations is followed, the few horses remaining eligible for consideration will be the ones to check. That's about all there is to it.
In addition, the instructions are given in language so simple that even a person with absolutely no knowledge of racing terms or figures will be able to understand them.
There will be no need to wrestle with such vexing problems as time, speed, track records, track variants, wind velocity, comparative speed of various tracks, jockey ratings, or how many pounds are equivalent to a length 3.t the various distances.
Getting back to the subject of this chapter, the prize "goats" which we wish generally to avoid are consensus selections whose odds are 8 to 5 or less.
The average winning percentage of the very best handicappers is no more than 32 percent, but the prices on their winning selections generally are so short that the net profit on these selections over any considerable period of time amounts to little or nothing. And the "best bets" of these handicappers do not fare much better, either.
One reason for this state of affairs is that the public handicapper has to make a selection for every race, whether or not he really thinks any one horse in a certain race has any particular advantage over the other leading contenders in the race. But the amateur handicapper can simply avoid a race that appears to be a hopeless scramble.
In many races the embryo handicapper will find as many as 4 or 5 horses which at first glance appear to have an equal chance of winning. It is then that the finer points of handicapping must be brought into play to separate the sheep from the goats, and we do mean goats. Offhand, the beginner might think that a public handicapper's best bet of the day should be worth a wager. But the trouble here is that almost everyone else at the track probably has the same idea. The result is that even if the horse wins, he may not pay as much as even money,
which means that you would have to win more than 50 percent of such wagers to realize a profit.
Now right here comes the advantage of having a good handicapping system of your own. Many times you will select a good solid horse which will be overlooked to some extent by the public handicappers. Instead of getting only even money if the horse wins, you may see a win price of as high as $10 or more flashed on the result board. Fairly frequently, you may hit a $15 or $20 mutuel -and occasionally an even better one.
On top of all this, there is a thrill in picking your own winners that does not come in following someone else's selections. In this respect, a friend of ours goes so far as to say that he would rather bet on his own losers than on somebody else's winners.
To qualify as a selection of the systems outlined in this book, a horse generally has to have a record that is 100 percent perfect on every count. The minute one small blemish on his escutcheon is detected, he is tossed out of consideration, or no investment on him is made unless the odds are sufficiently long to be attractive.
When we say 100 percent perfect, we do not mean that he must have won all or even most of his races given in the past performances. We mean that in regard to weight, class and similar factors, he should have all the best of it, or else have some special angle or be a long price in the mutuels. Most of these factors are noted in the "conditions" of a race.
In using the word "conditions" here, we are referring to the few lines of description, printed in boldface type, which appear in the racing paper at the top of the entries for each race.
Frequently these "conditions" will give the reader a clue to a probable winner. They generally deal with weight concessions given to nonwinners since a certain date, or to nonwinners at a certain class.
The gimmick here is that if you have a good, solid system horse going against nondescript opposition, his chances of winning should be better than usual. In time, a beginner will be able to spot these solid wagers, and then will begin to experience the thrill of picking his own winners instead of blindly following someone else's selections.
To qualify for this system, a 100 percent horse can have no strikes on him. Finding such a horse in every race obviously is out of the question. "You Can Beat A Race, But You Can't Beat The Races" is an old saying at the race track.
The writer would like to make an attempt to curb this common urge to play every race on the card. But he knows full well that probably 7 out of every 10 spectators simply are not going to just sit there and watch a race without having a deuce riding on some oat-burner's nose, just to have a nag for which to holler.
However, what a race-goer can do is to make just a minimum investment on races that obviously are scrambles, and reserve the major portion of his allotted invest ment fund for the day to make a really healthy investment when a solid selection comes along. Likewise, he can restrict himself to minimum investments on female steeds and other doubtful nags.
Therefore, occasional dissertations will be made in this book in an attempt to impress upon the reader the absolute necessity of self-restraint in selecting plays and sticking to the rules of these systems.
By so doing, a player should leave the track with a fairly prosperous appearance, instead of looking like he has just ridden across the continent in a rumble seat.