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Horse Racing Fans - Check Out this Free Thoroughbred Handicapping System

You can be a successful horseplayer even if you have never made a bet before and have never read the racing form. The free thoroughbred handicapping method you’re about to see is extremely easy to use. But it will be profitable for anybody who has the initiative to carry out the system’s simple rules.

I will list the rules, and then I will explain why the method works and critique its strong points and disadvantages.

The Three Rules
1. The race must be a claiming race with the exception that it can not be a maiden claiming race. The way to tell if the race is a claiming race is by looking in the race conditions in either the past performances or the track program.

2. Calculate each horse’s LEPS, lifetime earnings per start by dividing each horse’s lifetime earnings by its lifetime starts. You can find the horse’s lifetime earnings and starts in the top right-hand corner of its listing in the past performances.

3. Place a win bet on the horse that has the highest earning per start over its lifetime if it goes to post at 8-to-1 or higher odds.

Why this Horse Racing Method Will Make You Money
Because of their differences genetically, all horses are not the same and they have different levels of ability. That is why there are different class levels in thoroughbred horseracing. As long as a race horse is in good condition, he will be an easy winner if he is entered in a race at a lower class level.

When a horse has met the requirements of these rules, he will certainly have run successfully at higher class levels in the past. The horses selected by this method typically can’t win at their previous class level because they have had injuries. So they become “betting tools.” The trainers keep these horses in the stable because they are looking to use them to make money cashing large bets. The trainer knows that if the horse can return to its former form even if it is only for one more race, it will easily defeat the cheaper field in today’s race. So because of trainer manipulation, these horses do win and will win unexpectedly without showing any signs of improvement. Also because of trainer manipulation, these horses will usually pay long shot odds.

The System’s Strengths and Weaknesses
This method is very profitable over the long run and will usually return a profit of twenty to thirty percent on each dollar wagered. The weakest point of the method is the percentage of winsthat will only average from ten to fourteen percent. This means when you use this method you should expect to see long losing streaks.

According to the laws of probability, the size of consecutive losers for any handicapping system or method is governed by its win percentage. Let’s suppose as an example that your win percentage was 14%, which is a somewhat optimistic assumption for this system. You should expect to see at the very least one losing streak of 34 losers in a row in every series of 1000 wagers. You would also expect to see about 27 losing streaks of at least 10 or more for each thousand bets. This means you should expect to be playing through a losing streak of 10 or more in a row a little more than 37% of the time while using this method.

The winning percentage is one of the most important factors to consider when evaluating any handicapping system. If you would prefer a system with a larger winning percentage than this method, take a look at “The Indicator Handicapping Method” at my website, turfanalyst.com.

Article Source: http://www.outleted.com

About the Author:
Mike Beale, also known as the Turf Analyst, is the original developer of Indicator Handicapping. After thirty five years as a handicapper, Mike brings a practical approach to handicapping race horses.

He has made available a free handicapping e-book which can be downloaded here:
turfanalyst.com

Also available is a supplement to this topic at:
turfanalyst.com/betting-systems-horses.html

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