Betting on The Winning Horse

A Horse Betting Strategy e-Book

Bettors’ Code
Table of Contents
Introduction ............................................................................................................................................ 3
Understanding Horse Race Betting .............................................................................................. 4
History of Horse Racing ............................................................................................................................. 4
Types of Races........................................................................................................................................... 4
Horse Betting and its Types ...................................................................................................................... 5
Betting Exchanges ..................................................................................................................................... 6

Betting With Betfair ........................................................................................................................... 7

About Betfair.com ..................................................................................................................................... 7
How to Operate Betfair.com ..................................................................................................................... 8
Betting with Betfair.com ......................................................................................................................... 10
Betting Strategies ............................................................................................................................ 14
Strategies Which Depend on the Horse.................................................................................................. 14
Speed Selection Betting System ............................................................................................................. 16
Points Based Betting System................................................................................................................... 18
Trifecta Betting System ........................................................................................................................... 22
Exacta Betting System ............................................................................................................................. 25
Dutch Betting System.............................................................................................................................. 28
The Logical Betting System ..................................................................................................................... 31
The Thoroughbred Horse Betting System ............................................................................................... 32
The Favourite Horse Betting System....................................................................................................... 34
A Compilation of Mini Horse Betting Systems ........................................................................................ 37
Which of These Should You Be Trying?................................................................................................... 38

Conclusion .............................................................................................................................................. 40
Introduction

elcome to the wonderful world of horse race betting.

With the track all set and the horses in line, all you need to do is wait for them to
be freed so that your anticipation will be over.

With your betting stub in hand, you’re praying hard and incessantly because you
want your horse to win. You can’t have your horse falter or lag behind, especially
with the money you have on it.

However, on more than one occasion, the power of wistful thinking and different
lucky charms failed to do the trick. Even some of your prayers were left
unanswered. Yet, you can never give up horse race betting… It is an addiction, a
necessity to you and something which you love.

Still, the losses you are getting can really be heartbreaking as well as a burden on
your pockets. Ever dreamt of having a surefire way of winning whatever bet you
place? If that is so, then you have definitely come to the right place.

In the next few pages, you will discover a few horse racing strategies that will
ensure you of winning whenever you place your money on a horse. With the help
of Betfair.com, the largest internet betting exchange on the planet, you will be
able to win big on the race course.

So, without further ado, come and find out how every bill you bet can return to
you with a bigger profit.
Understanding Horse Race Betting

“No one has ever bet enough on a winning horse.”

Richard Sasuly

History of Horse Racing

Before explaining how you should bet, you must know a bit about what you are
putting your money on. Horse racing has been around for thousands on years. In
fact, it is said that the sport was there since
people started domesticating horses back in
4500 BC. At first, no commoner was allowed
to play the game. Only kings and aristocrats
were allowed to race while everyone else
could only watch.

Today, horse racing has surpassed its status

as a spot and became one of the most
popular methods for gambling. In the U.K., horse racing is one of the prestigious
sports played. In fact, most of the best jockeys originated for the isles, including
Sir Gordon Richards. In comparison to many countries, horse racing in the U.K. is
regulated by the British Horseracing Authority. Thus you can expect the whole
event to be well organised and more in order.

Types of Races
Now that you have an idea about the sport, you should the types of races you can
bet on. This information is important to understand some of the lingo used on the
track as well as to expect different odds:

 Stake Races: These are annual races which use only the best horses in
town. You can expect these to be quite an expensive venture.

 Handicap Races: In these races, the weights of the jockeys are equalized by
using lead weights. Most people believe that the weight the horse is
 carrying is a factor in its performance. However, only older, stringer horses
are allowed to carry heavier jockeys.

 Claiming Races: These are the most common types of races. Each horse is
entered at a specific price and may be claimed, i.e. purchased, by another
owner.

 Allowance Races: These are the opposite of claiming races and are
designed for horses which hardly get the chance to race.

 Maiden Races: During these races, horses that never won take part in
these. However, there may be some conditions like “Non winners in last 3
races”.

Horse Betting and its Types

Whenever you visit a horse racing track, one thing you will definitely note is a
gambling station. In the U.K., one of the popular betting facilities is that which is
provided by Bookmakers. Bookmakers make a market in odds, thus you can ‘take
the price’, or lock in your odds on a horse. There are three types of bets which
you can take part in:

1. Bet to Win: This entitles putting all your money on a horse, and if it comes
in first place, the bet is a winner.
2. Bet to Place: Here you will bet on your horse to come in first or second
place.
3. Bet to Show: You can bet on the horse coming first, second or even third.

Of all three, ‘show’ is the easiest. However, its payoffs are lower on average
because gambling is all about risks, and betting to show is more like playing it
safe. In addition, this type is the least common in Europe because in most races
less than ten horses may be running.

Another betting term you may hear is the “Each-Way” bet. Usually this means
that the total bet is split on the win and on the place. There are different
meanings to this term, however, for British ‘punters ‘(bettors), a payout is
received if the horse wins or is placed based on the place criteria. Your
bookmaker can cut the odds for this kind of bet, for example they will offer full
odds if your horse wins but only offer a 1/3 of the odds if you guess the place of
the horse right.

Betting Exchanges
Races occur on a daily basis, yet you need to work as well. So, rather than going to
the racing track yourself, you can use a betting exchange. A betting exchange is a
type of bookmaking in which the operator balances its risks with the help of
technology.

At such a site, users can either be punters or bookies, the latter which are
responsible for posting odds and sakes so that people can match it. On betting
exchange sites, a punter is called a back (or accept) while the bookie is named the
lay (or offer). For punters, this is definitely a better way to getting the most for
your bets because a betting exchange will remove the profit margin bookmakers
may be adding to their odds.

This may seem complex to you at first, but rest assured that betting through a
betting exchange is easy. All you have to do is:

1. Choose the race you want,

2. Select a price
3. Determine whether you will lay or back.

If this entices you, read on because in the next chapter, you will be introduced to
one of the best betting exchange sites in the world – Betfair.
Betting With Betfair
Rather than wasting your time and effort by going all the way to the race course,
Betfair.com offers to bring you your favourite pastime to your workplace or
home.

About Betfair.com
Betfair.com is an online provider of
gambling products and services. It
was founded in 1999 when its
developers were trying to look for
a way to commercialise betting technology.

It is also one of the pioneer betting exchange systems and one of the leading
systems globally. Besides offering its services to the U.K., the bookmaking services
of Betfair.com can be provided from Malta and Australia. Betfair.com is also
licensed in these countries as well as Austria, Germany and Italy.

You must be wondering why you should use this system. Well, rather than giving
you one reason, here are two:

1. Back or Lay – Through Betfair.com, you can choose whether you would like
to ‘back’ a bet (betting that your selection will win) or ‘lay’ it (betting
against your selection). Of course, since you are the punter, you will back
your horse while a bookmaker lays his bet.

2. Choice of Odds – You can place an order for a better price if you want
better odds than the ones already available.

As enticing as these may seem to you, your mind is still wondering whether
betting through Betfair.com is as safe. Well, the website ensures its clientele’s
privacy and security with the help of the following means:

 Credit card details are encrypted and sent once online.

 Card details are encrypted when they are stored on Betfair.com’s servers.
  The website’s payments are made through DataCash and The Royal Bank of
Scotland plc.

How to Operate Betfair.com

If you’re reading these lines, that would mean that you’re interested in what
Betfair.com has to offer for you. The first thing you need to get started with is to
sign up for an account on the website

Figure 1 – A snap shot of the sign up form on Betfair.com

You should make sure that whatever details you add there are authentic,
otherwise Betfair.com won’t be able to send you your winnings once your horse
wins. Plus, this will help Betfair.com authenticate your age, thus prevent your
account from termination (accounts opened by minors are usually terminated by
Betfair.com).

Upon successful sign up, you will be automatically logged in and Betfair.com will
prompt you regarding adding some money into your account:

Figure 2 – First-time user welcome page

Whenever you log onto the website, you will find a small box that indicates how
much you have in your balance. You can also deposit and transfer funds right
from your main page.

Figure 3 – Sign in box informing users of their status

After signing up for the service, you can easily bet on any sport, team or horse
you want. However, since we’re handling horse betting, you should head to the
horse race betting page.

Figure 4 – The Horse racing page on Betfair.com

The page usually displays the latest races that are going on or will be held at least

Betting with Betfair.com

If you take a look at Figure 4, you will see that the current race will display the
Back, Lay and SP rates. Before explaining how to bet using these, you must
understand what each of these means.

On Betfair.com, Back is betting on your horse to win the race. As for Lay, that
term refers on betting against the horse’s victory in the race. Not only can you lay
any selection on Betfair.com, but you can also choose the price you will take and
how much you want to risk. The price and risk are directly proportional, i.e. the
shorter the price, the less money you risk.
SP in the figure refers to Starting Price. This is one of the methods of traditional
bookmaking. SPs are set for each running horse based on bets placed by backers
and layers, thus no margin of profit is added. This ensures users of the website
that they are getting the fairest odds possible.

Now that you know what each means, it is time to use them in betting. First,
select which race you want to take part in. Then choose whether you would like
to back a bet or lay it. In both cases, you should consider the horse race card
offered by Betfair.com.

This is the Quick view of the race card. In this card are the following from left to
right:

 The number on the saddle cloth

 A description of the jockey’s attire
 Last run and recent form
 Horse’s name
 Projected Betfair.com SP (in decimal odds and fractional odds)
A more detailed version is also available of this sheet, and that covers all the
aspects that are linked to the horse. For example, if you want to know more
about Fasliyanne, click the detailed view and you will get:

Figure 5 – Detailed view of one of the horses

 ‘3’ is the saddle cloth number and (9) indicates the stall the horse will be
running from.
 00-752 refers to the horse’s form, i.e. its previous record. The most recent
result is displayed on the far right of these numbers. So, this horse came 2nd
in its last race. There are usually other terms included here such as:
o F – Fell
o P – Pulled up (that means that the horse stopped midway)
o U – Unplaced
o – indicates a year break, so in this case, the horse ran three races this
year.
 [19] refers to the number of days since the horse last ran (19 in this case).
 4 is the age of the horse.
 9-1 is the horse’s weight in stones and pounds.
 If the horse had won any race, then D or C (Distance or Course) will be
shown along with the number of times. This horse won once in a distance
race.
 The first name (top) is that of the jockey while the other is the horse’s
trainer.

If you’re wondering why you would need all this information, there will be times
when you will need these elements while considering your winning horse. For
example, betting on a young horse that never won is riskier than betting on a
horse that has had experience on the racing course. Another reason is just pure
luck. For example, some people may consider the number 19 lucky, so would bet
on this horse and hope that it wins some cash for papa.

A little bit later, we will discuss how you can win the bets you place, however,
here is how you can place bets on Betfair.com:

1. Select the horse you want to bet on by clicking its odds. On the side, your
horse will be added to your betting selection where you can define your
stake.

Figure 6 - $10 have been specified as the stake, and with the odds on the horse, the potential
return for this is $59.40.

2. Next, click Place Bets followed by Confirm if that is the bet you want to
place.
3. You can press Reset to remove this bet or Edit to change your stakes.

Once you’re done, you can listen to racing commentaries or watch live videos of
these races from Betfair.com. Now that you know the procedure properly, let’s
move on to implementing the different betting strategies you have been awaiting
restlessly.
Betting Strategies
There are different strategies which can be used while betting on horses. With
those and Betfair.com, you are bound to have a great betting experience.
(Note: These are all strategies which will help you while you back your bets. You have to do the
opposite to lay your bets.)

Strategies Which Depend on the Horse

These are basic strategies which do not depend on anything other than the horse.
With the help of the horse’s criteria, you can determine whether the horse has a
shot at winning or placing the race.

1. The horse’s form is the main factor in winning and losing on the race
course. By taking in consideration the C and D which come in the horse’s
form, you can easily decide whether the horse is worth placing your money
or not. If it’s a C, the horse has been a winner in earlier races, while D
represents that the horse won over the distance.

2. Another factor that will assure you of more returns is whether a horse is
considered a top favourite this season. Many expert punters have proven
that a top favourite horse has a high probability in coming first in a race.
You can confirm this by checking the record of each horse. Betfair.com
provides this to punters all over with a click of button.

Figure 7 - The previous record of Desperate Dan, a horse which has won 7 races in a single
year.
 3. Another strategy depends on the last time the horse actually ran. You can
get the most return for your bets by betting on a horse which had run in
the current season or at least 28 days ago. This will ensure you that the
horse is in good shape during the time it was away from the racing course.

4. Contradicting this strategy is another which motivates punters on betting

on a horse that came off a layoff in its last race. If the horse had shown
potential in its last race (by showing speed that faded at the end of the race
or displaying a close running style), it may have needed a breather to
improve before its next race.

One good tip to bet with this strategy is to check the current odds. If they
are 9:1 or more, put your money on that horse without wasting a second.
Another indication can be if the odds drop two sequential clicks lower, i.e.
from 9:1 to 7:1. This would mean that there are some insiders who are
waiting as close to post time, thus you will know that the horse is pulling a
layoff angle.

Figure 8 – A small example: If you consider the 3rd theory, Suited and Booted doesn’t
have a chance since its last time on the race course has been 221 days ago. However, the
4th theory would make this horse the best candidate to win the race.
 5. The Z Pattern betting system is another betting system which depends on
the horse’s performance. Some horses start well in the beginning, slow
down in the middle of the race then start speeding up at the end to
improve their position. In most cases, horses which ran in such a style came
back to run big. However, make sure that the other horses running are in
good shape, or else your horse will actually look better because the other
horses are growing tired.

Speed Selection Betting System

Aside from the aforementioned betting systems, this is one system you will like to
choose. This will offer you a good way of selecting horses on the fly. It is also a
very simple method and won’t take much of your time as all you need to do is
check the horse’s form and then tick off which horses won’t be of use to you
before you reach the One.

All you need to do is to follow the following steps to eliminate your losses:

1. Eliminate first time starters. These horses still not know what to do and
that would cost you a good sum of your money.

2. Get rid of horses that did not run on the same race track during their last
two races. Familiarity with the track is quite useful to help you get good
returns.

3. Check the remaining horses for those which ran a different distance than
that of the current race. Eliminate them because a furlong less or more
does make a difference.

4. Find out the horses that ran of a different surface than that of the current
race course and tick them off your list.

5. Scan the rest of the horses for those which haven’t been on the lead or
within 3 lengths of the leader in their last races, then eliminate them.
 6. If there are still more horses to go through, you can finally choose a horse
with the best last race Beyer speed figure. However, if more than three
horses qualify, try another method.

It’s easy, isn’t it?

Well, if you’re wondering about how to implement this strategy in Betfair.com,

that couldn’t be simpler.

1. By clicking the ‘i’ symbol

next to each horse, you
will find out the details of
the horse and where it
had last raced.

2. There are no first time

starters here, so you
have to move on to the
next criteria.

3. The only horse that ran

this course is Fever Tree,
however, that was
almost 6 months ago, so
move on.

4. Your knowledge of race

courses will help you
know what surface each
one has. This is just a
click away onBetfair.com. Figure 9 – Horse Racing Card with all the details.
All you need to do is
select the horse’s form and click on the date of the last race and you will
have details ragardng that course.
 5. Next you have to choose which horses came up in the top three positions.
In this case, Bintalwaadi seems to have the best odds.

If you’re a beginner, Betfair.com offers you help with the help of its betting
forecast.

Figure 10 – Betfair.com’s Betting Forecast Box

Points Based Betting System

Remember how the top students always got the highest number of marks?
Horses are no different. The horse that will win for you needs to have the most
number of points in order to ensure you that picking it is the right choice.

To start grading your horses, here are the steps:

1. Check the last four races of all the horses scheduled to race. Add the best
two Beyer speed figures earned in those four races together. The horse
with the highest score gets 4 points, and the one that comes in the second
position gets 2 points.

2. Combine the lengths all horses had beaten during their last two races. The
horse with the lowest sum of lengths will get 3 points while the 2nd best
horse will get 2.

3. If a horse is trained by someone who has a win percentage of 10% or more,

it will get 2 points.

4. If the horse is ridden by a jockey who has a win percentage of 10% and
more, it earns 1 point.
 5. If the race is a route race, minus a point for each horse in posts 9-12.

6. If the race is a sprint, give each horse than was 3 lengths of the lead an
extra point.

7. If you’re betting on a route race on dirt, give a point to each horse that
raced on turf last.

8. Add a point if you find out that a horse is using lasix for the very 1st time.

The horse with the most number of points is the one you should be putting your
money on. However, if the horse with the highest amount of points isn’t at least 3
points higher than the runner up horse, pass the race.

You may be wondering how you can do that, but have no fear, we’re here to
explain just that.

Figure 11 – An example used for illustrating the Points Betting

System
By clicking on the information [i] link, you will have the stats of each horse open
up for you. Don’t forget to add the best two speeds of each horse

Figure 12 – An example of the stats of Kylladdie. The OR column refers to its speed.

 Kylladdie: 71 + 70= 141

 Grand Zafeen: 69 + 76=145
 Nepotism: 72 + 72=144
 Silver Linnet: 74 + 68=142
 Six Diamonds: 80+79=159
 Mickey’s Knock Off: 67+75=142
 Liberty Lady: 68 +63=131

Based on the 1st criterion, Six Diamonds gets 4 points and Grand Zafeen 2.

Now, the lengths can also be calculated from the same sheet. Just add the
distance from other horses. If the horse won in a race, mark the length as 0.

 Kylladdie: 0+5 = 5
 Grand Zafeen: 2+11=13
 Nepotism: 2+6=8
 Silver Linnet: 6+0=6
 Six Diamonds: 4+3-=7
 Mickey’s Knock Off: 0+2=2
 Liberty Lady: 4+0=4

Based on the 2nd criterion, Mickey’s Knock Off gets 3 while Liberty Lady gets 2.
As for the jockey and trainer’s winning percentage, the best place to check is
Betfair.com’s partner, Timeform.com. By simply selecting the Trainer or Jockey
tab, you can search for the name of the trainer of the horse or its jockey.

Figure 13 – Search for jockeys’ data on Timeform.com

By going through each trainer and jockey’s information, you can add points to
those horses which have trainers and jockeys with a 10% win percentage.

Figure 14 – As you can see, the win percentage differs based on the terrain the horse had
raced on.

Kepton Park, which is where this race is taking place, is an AW Flat terrain. So,
look for jockeys and trainers whose win percentage on AW Flat is above 10%.

Liberty Lady gets a point for its jockey (10%). As for trainers, Grand Zafeen and Six
Diamonds (11% and 15% respectively) get a point each.
Now, to add points regarding the type of race. This is definitely a sprint race
because it is 5 furlongs only (less than a mile). So, the horses will be awarded
points based on their distance from the lead during their last races. Six Diamonds
and Liberty Lady get a point each that way.

As this is a sprint race, criterion 7 can be disregarded.

Moving along, criterion 8 would require you to mingle with the stable boys and
other staff. However, you can disregard it in this case. Now, time to calculate the
points:

 Kylladdie: 0
 Grand Zafeen: 2+1 = 3
 Nepotism: 0
 Silver Linnet: 0
 Six Diamonds: 4+1+1 = 6
 Mickey’s Knock Off: 3
 Liberty Lady: 2+1+1 = 4

Six Diamonds has the highest number of points. However, before you bet your
money on that horse, check the 2nd highest number of points, is it 3 points less?
Grand Zafeen got 3, so, yes. Now you can go ahead and bet on Six Diamonds.

It will take you some time to get these points in order, however it is manageable
and quite profiting.

Trifecta Betting System

A trifecta is a type of bet that is usually very difficult to win. So, why are you
learning it? Because it will yield high returns and make you rich. The winning
trifecta in the 2005 Kentucky Derby paid out $133,000 on a $2 bet! Can you
imagine how much you’d be getting for you money?
Basically, a trifecta bet will be won after you had determined the top three spots
in the exact order they had finished in. So, if your horses do win, but not in the
order you had bet on, you will leave empty handed.

There are three types of trifecta bets:

1. The Straight Trifecta: There’s nothing to this type. All you need to do is
determine which horses will come in 1st, 2nd and 3rd place. For example, you
can bet on 2, 4, 7 (horses numbers 2, 4 and 7) in that order.
In this case, you can bet using own intuition. However, the horses must win
in this exact order for you to be paid. If you’re not bold enough to handle
the risks that come with this system, don’t even try it. Only a confident
handicapper can make a straight trifecta wager.

2. The Trifecta Box: This system is more flexible in nature. Whatever horses
you select can be arranged in a number of combinations. For example, if
you’re betting on 3,4 and 9, you will have 6 combinations (3,4,9) / (4,3,9) /
(4,9,3) / (9,3,4) / (3,9,4) / (9,4,3).

Your returns for each of these will depend on the price per box. For
example, if you’re betting on a $1 trifecta, you will have to pay $6 for all 6
combinations which are generated from 3 horses. If you chose more
horses, for example 4, you will have more combinations and you will pay
more.

The easiest way to calculate your trifecta box wager is by finding out the
combinations of the wager itself. For example, for a 5 horse box, you will
have to multiply 5 x 4 x 3 = 60. Next, multiply the price of the box by the
number of combinations to determine how much money you will be
parting with. If it’s $1 per box, you can expect to pay $60, and so on. The
more horses you add to your trifecta box, the more you will have to pay on
your bet. Plus, always make sure of the odds, or otherwise you’ll be pay
$240 on 6 horses and only be paid $22.50 in return.
 There is no fool proof method of finding out how much a trifecta will pay if
it hits. Common sense will tell you that the payout will still be small no
matter what. However, if you have a negative opinion on some short-priced
horse, or can’t seem to find a clear cut favourite, this would be the way to
go. Plus, make sure that you have at least 8 horses at the time as that will
assure you of large payouts.

3. The Trifecta Wheel: If you have a horse that you favour most, you can bet
on it along with a few others using the Trifecta wheel. For example, if you
like horse number 1 and think that 6 and 7 are favourable horses that can
come in 2nd and 3rd place, your wheel be as such: 1 / 6, 7 / 6, 7. Your
combinations will be: 1, 6, 7 and 1, 7, 6. So, if you’re betting on a $2
trifecta, you will have to pay $4 only for your two outcomes.
A trifecta wheel helps you create bets that cover several possible
outcomes. However, you should have one horse which you feel for
strongly, or playing this trifecta will be useless.

Figure 15 – The Trifecta betting form on Betfair.com.

Besides these three trifecta methods, another strategy is to key two horses in two
positions along with other horses in additional positions. For example, if your
favourite two horses are 5 and 6, your trifecta would be 5, 6 / 5, 6 / 7, 8, 9. This
way you will have about 8 combinations. At a $1 trifecta wheel, this would easily
come up to $8. You can easily key your top two favourites in all positions,
especially if you’re betting against the favourites.

To help you out, you can use any of the Trifecta calculators available online. If you
enjoy the thrill of win, place and show bets, the trifecta betting system will
provide you with a good amount of winnings.

Exacta Betting System

The Exacta or Perfecta betting system is made to pick the first and second place
horses in a race. Once believed to be an exotic bet, the exacta has become more
common in comparison with bets such as the trifecta or superfecta.

Just like the trifecta system, the exacta system comes in three types:

1. The Straight Exacta: This isn’t any different from the straight trifecta.
However, whereas you had to select three horses in the trifecta, you only
select two horses which you estimate to be in the first and second
positions.

Just like the straight trifecta, there is no leniency when it comes to the
order of the horses. So, if you bet 3 and 5, you will only get paid if horse
number 3 comes 1st and horse number 5 comes next.

2. The Exacta Box: In this betting method, you will have more flexibility. If you
select horses 3 and 5, you will get paid whether either horses comes first.
You can also choose more than one horse, for example, you can choose 3
horses, thus you will have six boxes (for horses 3-8-9, your exacta boxes will
be 3-8, 3-9, 8-9, 8-3, 8-3 and 9-3).
 The more horses you cover in your exacta, the better chances you have at
winning. However, keep in mind that the exacta box’s payoff won’t be as
much as you had invested. Exactas are either $1 or $2, so make sure that
you don’t invest in more than you can handle.

3. The Exacta Wheel: In this method, your favourite horse will have
preference. Your can pick your favourite horse for the first place and two or
more contenders for the second place. This is just as strict as the Straight
Exacta because you only get paid if your favourite horse comes first and any
of the other horses you chose comes in second place.
The Exacta Wheel can be labelled as a part-wheel if it you use some of the
horses as possible 2nd place winners. On the other hand, a full wheel is
when you bet on all the horses to come in 2nd place.

Figure 16 - The Betfair.com Exacta betting form

One of the things that can help you decide which horses to bet on is the exacta
payoff matrix. This is usually available at the race track and is updated whenever
new bets are added and payoffs change. The matrix will be able to provide you
with an estimate of how much you may be paid. However, for each $1 box, you
will be paid $2. So, again, make sure that you bet right.

So, which method should you choose? It all depends on your handicapping skills.
If you believe that three horses have a fair chance at winning the race, categorize
them by percentage of winning.

The most efficient way of betting is to choose different costs for each
combination. However, make sure that you bet most on the highest probably
combination. For example, if you believe that A will win and B will come 2nd, put
$20 out of the $60 you had allocated for your bets. Allocate accordingly for the
rest of the combinations. This way, you will make the most profits.

Confused? Check out this example:

$10 exacta on A-B = $10

$10 exacta on A-C = $10

$10 exacta on B-C= $10

$10 exacta on C-B= $10

$10 exacta on C-A= $10

$10 exacta on B-A= $10

The cost =$60

If the A-B exacta wins and you get $150 in return, your profit will amount to = 150
– 60 = $90

However, if you decide to vary your bets:

$30 exacta on A-B = $30

$5 exacta on A-C = $5

$5 exacta on B-C= $5

$10 exacta on C-B= $10

$5 exacta on C-A= $5

$5 exacta on B-A= $5

The cost =$60

Yet, if A comes in 1st place and B in second, your winning exacta can easily get you
more money. So, if your returns are $200, your profit will be $140.

Not bad, is it? However, don’t try this unless you are completely sure of your
handicapping skills.

Dutch Betting System

This is one of the handicapping methods that you can use in making successful
picks. The Dutch Betting system basically allows you to bet on enough horses to
offer you a share of profits along with your initial investment in return. The more
horses you cover, the more you will be eligible to win. However, make sure that
the payoff on your winning horse covers the cost of the bets you mad on your
losing horses.

Here are the steps you should follow:

1. Set the amount you hope to win from the race. (for example $200)

2. Calculate how much you need to bet on a horse in order to generate $100.
You can also bet on more than one horse by dividing your expected
winnings among these horses. The odds will help you in this aspect.

If you want a $100 payback, you can consider the following table to find out how
much money you would need to bet on a horse (make sure that your outlay is less
than $100):
 Dutch Betting Chart
Parimutual Odds Payout Bet to Win $100
1:1 $4.00 $50.00
7:5 $4.80 $42.00
9:5 $5.60 $36.00
2:1 $6.00 $33.00
5:2 $7.00 $29.00
3:1 $8.00 $25.00
7:2 $9.00 $23.00
4:1 $10.00 $20.00
9:2 $11.00 $18.00
5:1 $12.00 $17.00
6:1 $14.00 $14.00
7:1 $16.00 $13.00
8:1 $18.00 $11.00
9:1 $20.00 $10.00
10:1 $22.00 $9.00
15:1 $32.00 $6.00
20:1 $42.00 $5.00
50:1 $102.00 $2.00

`
Figure 17 – Race card to be used in implantation of the Dutch betting system.
You can decide your favourites using any method you like. However, a good
handicapper will be able to judge a horse based on its performance and its past
history.

Betfair.com allows you to view its own predictions regarding which horse will win:

Figure 18 – Betfair.com’s suggestions and reviews on each horse.

Once you had calculated your stakes, you can decide how much you would want
to invest on each horse. One thing about the Dutch betting system is that you can
use it if you don’t like the betting favourites in the race, or feel that one of the
horses that has a long shot will actually win the race. Regardless of the outcome,
you can still make profit by covering a few of the longer priced horses.
The Logical Betting System
The Logical Betting system was devised to beat the odds of bookies by using logic.
This system was designed with the laws of maths and probability in mind,
therefore you can imagine how effective it may be.

To understand this system, you should now that 33% (1/3) of all races are won by
the favourite contender. If you bet on six races a day, you are likely to win at least
two. So, here is how you should implement this system:

1. Go to a race course or betting exchange that is hosting 6 or more races in a

single day.

2. Stake about 2% of the cash you had allocated for your bet on each race’s
favourite. However, make sure that you bet on the horse if its odds are
11/8 (1.375) pr higher.

3. If your horse wins, don’t bet again. Head home with your pockets heavy
with cash.

4. If your horse loses, make sure that you bet in this pattern
 For the second race, use the same stake as the first race, i.e. 2%.
 For the third race, bet 4%.
 For the fourth race, bet 8%.
 For the fifth race, bet 16%.
 For the final race, bet 32%.

There is no chance that you will actually reach the sixth race without winning at
least once, thus you can rest assured that you won’t be wasting all your money. In
addition, remember to always start with 2% of your allocated betting investment.
This way, you will never run out of cash.
This method is too simple that many actually avoid it. However, this method is
designed with your pockets in mind. All it takes is a little patience, and it will
double your initial investment in about 50 days.

Figure 19 – A list of all the races open for betting on Betfair.com. Favourites can be
determined with the help of Betfair.com’s own prediction box. Refer to Figure 18.

The Thoroughbred Horse Betting System

This is one of the systems that you can use during thoroughbred horse racing.
Whether it is a flat race or a National hunt race, you can be sure of winning with
this system.
Here is what you should do:

1. Make sure that the race you are betting on is a claiming race. However,
avoid maiden claiming races. If you’re not sure whether this is a claiming
race or not, simply take a look at the race conditions in either the track
program or the past performances.

2. Calculate each horse’s LPS and earnings per start. Next, divide each horse’s
lifetime earnings by its lifetime starts. You can always find both of these
factors on the top of the horse’s past performance record.

3. A horse with the highest earning per start over its lifetime will be your
winner. However, make sure that its closing odds are equal or more than
8:1.

So, why should you invest your time in this system? You probably know that there
are different class levels in this kind of races. If a horse is in tip top shape, it will
win easily if dropped to a lower class level.

A horse which meets these three criteria will have run at higher class levels during
its previous races. Since they may have been injured, they will be demoted to a
lower class. Thus, with trainers ensuring their health and good form, these horses
will easily win against other horses that have been racing in a lower class for a
while.

You can expect to win 20% to 30% in profits through this system. However, make
sure that you are patient throughout. Another thing you should know is that you
should expect losing streaks. Despite promising high returns, the Thoroughbred
Horse Betting system has a percentage of wins that is between 10% and 14%.
Figure 20 - You can easily estimate all of this by going to Transform.com’s horse stats. Check
the names of each race’s horses and run them through Transform.com.

The Favourite Horse Betting System

As you may have guessed, the Favourite Horse Betting system depends on which
horse is the favourite of the race. However, you won’t be going by the
predictions that are made on the race course. You will be selecting your own
favourite horse.

If you’re going to follow this system, you will have to select three horses based on
a certain set of criteria. If the first horse wins, just take your money and head
home. If the first horse loses, but the second one wins, you will have recovered
your losses and your profit target will be achieved. However, if all three lose, try
your luck the next day.

So, what are the criteria for selecting the favourite horse? Just like the points
based system, this horse betting system allocates points to each horse. The
following will be your criteria:
 1. Subtract the forecast price of the first favourite from the second favourite
and give one point to each point of difference. For example, if the favourite
is 6/4 and the second favourite is 6/2, the difference between both will
amount to 1.5.

2. For the number of tipsters who believe that the forecast favourite will win,
add one point.

3. Add both points together.

The three horses with the highest combined figures will be your selection for that
day’s race. However, make sure to avoid selling and claiming races. This system
isn’t for them.

Now, to implement this on Betfair.com. It’s not that easy, however, it is quite
manageable.

For starters, you need to find out the forecast prices of the favourites. You can
find the favourites from the website itself. However, the stakes piling on a horse
should be a good signal for you to estimate which horse is the favourite of the
race.

Figure 21 – You can estimate the forecast of the race’s favourite

horse and the second favourite.
If you’re wondering where to find tips, the best place to look for these is
Betfair.com’s forums:

Figure 22 – A post from the Betfair.com forum for horse race betting.

One thing you should do to find tipsters is to keep a vigilant eye on the forums.
Betfair.com’s Forum chat is also a useful tool through which you and other
tipsters can mingle. You may believe this to be a very time consuming act,
however, who said making money was that easy? If you want to earn big in horse
betting, you should always make sure that you’re patient and confident in all your
decisions.

Now that you know how to rate your horse, you should know how to gain profit
from each winning selection, and how to recover from losses caused by wrong
selections.

The right amount you should stake is easily calculated with the help of a certain
formula: Divide the right hand number in the odds by the left hand number. Then,
multiply the answer by the amount of points you have (points are bought for a
certain amount of money, for example $1 per point).

For example, assuming that Waking Warrior in figure 21 is the favourite horse, the
stake should be 0.1667 x (number of points). If you plan on betting 10 points, your
stake will be $16.67 for Waking Warrior.
Now, if the horse you had bet on won, stop for the day because you have
achieved your profit target. However, if it lost, move on to the second horse and
try to recover the $16.67 you had lost along with the amount you had spent on
buying the earlier 10 points.

Assuming that Fast Shot was the second favourite, its stake will be 0.111 x 10
=$11.11. If this horse lost as well, your losses will amount to $27.78. So, you must
bet on the third horse to win back $27.78 + whatever you had paid on buying the
points earlier.

As you can see, losing means that your stakes will increase. Therefore, if you
believe that Lady Luck has abandoned you, don’t venture into betting on more
horses.

Do you want to know the best part? This system can be applicable to any sport, so
whether you enjoy horse betting or football, you can always use this technique.

A Compilation of Mini Horse Betting Systems

Now that you have been properly introduced to the big boys in the trade, you
should meet the smaller, yet equally effective horse betting systems.

1. Stick to one race course at a time. Although Betfair.com provides you with
access to many race courses, you should only commit to one a day in order
to plan your strategy well. Study the course and the performance of each
horse to determine which one is worth betting on.

2. One of the good systems is to locate a horse that was the favourite or short
priced in its last race. Yet, in the present race has 10-1 or more in the same
level of race or below that.

3. Horses which raced on the same course are always a good bet. The trainer
must have sent the horse on this track for a reason, and maybe is trying to
win what he couldn’t last time.
 4. Look for horses with low tissue price (3-1 and below) yet are going to post
over 3-1 odds. There is probably a good reason that an odds-compiler
might have deemed this horse worthy of low odds. However, avoid horses
which have won at long odds the last time out yet are returning as race
favourites or with short odds.

5. If a horse is welcomed as a favourite because its class dropped two or more

levels, look for another horse which may be doing the same thing at higher
odds. In most cases, the first horse is really just a decoy that pushes the
prices of other horses out.

6. Always bet on horses which haven’t finished in any of the first three
positions during their last four starts in the ongoing season.

7. If a horse keeps on repeating an action three times in a row, steer away

from betting on it. Anything like wearing blinkers for the third time or
racing in a class for the third time can be a bas sign.

Which of These Should You Be Trying?

You have so many betting strategies here, yet which one should you choose? All
of these have a good winning percentage to offer you, yet which one should you
be trying?

The answer is to test these methods yourself. However, make sure of two things:

1. Take care of your money: During your test, make sure that you make
pretend bets rather than betting all your well earned cash. Keep the odds in
mind while placing your bets. In the case of Betfair.com, you can always bet
with a small amount of cash. $ 1 or $2 can suffice. However, sift between
the systems you think will win and those which you believe are duds.

2. Stick to the winning system: If you win once from a horse betting system, it
may be beginner’s luck. Yet, if you win again, enslave yourself to that
 system. This is The One, the system that will bring you big bucks. So, make
sure that you stick to it.

Making money through these systems is easy. The best part is that these
systems have become automated, i.e. you can easily cut through the chase and
use the online versions of any of the systems discussed in this book. However,
remember that machines make mistakes at times, so make sure that you have
a money-back guarantee on whatever online system you would like to use.

If you’re still a beginner punter, an online system isn’t the thing for you. Until
you had practised these methods well and know how to implement them on
your own, depending on a computerized system will be a big risk for your
funds.
Conclusion
You don’t have to love horses to love horse betting. However, with the money
you will be getting through these betting systems, you shouldn’t be surprised if
you feel like kissing the horse once it comes first or second.

A reliable system is what you need to win big, and we have brought you so many
to choose from. Not only are they tested for success, but also for providing you
the best odds whenever you need to put money on a horse.

So, what are you waiting for? Log on to Betfair.com and start betting like you
never have before – like a winner!