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Handicapping Secrets - How to Win by Betting with the Insiders
By: Mike Beale

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Handicapping Secrets - How to Win by Betting with the Insiders

Finding profitable bets at the race track is not as hard as most people think. The free horseracing system you’re about to see is very easy to use. Yet it will be very profitable for any person who has the discipline to carry out the system’s simple rules.

I’m going to teach you the rules, and then I will tell you why the system works and review its advantages and weaknesses.

Here are the Rules
First: The race has to be a claiming race but it can not be a maiden claiming race. You can see if the race is a claiming race by looking at the race description in either the track program or the past performances.

Second: Calculate each horse’s lifetime earnings per start (LEPS). Use this simple equation to calculate the LEPS: (lifetime earnings) / (lifetime starts) = (lifetime earnings per start). Look for the horse’s lifetime earnings and starts in the upper right-hand corner of its racing record.

Third: Bet the horse to win with the highest lifetime earnings per start (LEPS) if it goes to post at 8-to-1 or higher odds.

The Reasons Why this Handicapping Method Works
Horses have different levels of ability. That is why there are different levels of class in horseracing. If a horse is in good form, he will be an easy winner if he is dropped down to a much lower class.

When a horse has met the requirements of these rules, he will almost certainly have been competitive at much higher class levels in the past. The horses selected by this angle in general can no longer win at their old class because they have suffered injuries. So they are used by the racing insiders as “betting tools.” The trainers keep these horses in the stable because they feel that the horses can still win at the lower class level once they become healthy again. The trainer knows that if the horse can get back to its original level of competition even for only a single race, it can easily defeat the lower class field it will face in the race he is running in today. So because of manipulation by the trainer, these horses win regularly and often win unexpectedly without showing any signs of improvement. Also because of this manipulation by the trainer, these horses will usually pay very high odds when they win.

Strengths and Weak Points Using this Method
This angle is a huge money maker over the long run and will steadily return a profit of over 25% for each dollar you bet. The win percentage of this handicapping method, however, is very low and will run from ten to fourteen percent. This means that if you start using this system you should expect to see long streaks of consecutive losers.

The size of losing streaks for any system is determined by the system’s win percentage. Let’s suppose as an example that you were to win around fourteen percent of the time, which is winning about one out of every seven bets. You should expect to see one losing streak of 34 consecutive losers in every 1000 wagers. Based on the assumption of a win percentage of 14%, we should also expect see 27 losing streaks of 10 or more in a row for each 1000 wagers. This would mean that you would be losing 10 or more consecutive losers about 37% of the time while you are playing the method.

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


About Author

Mike Beale, the Turf Analyst, is the inventor of Indicator Handicapping. As an active handicapper for over 35 years, Mike brings a practical approach to handicapping race horses.

You can download a free horse racing handicapping e-book at the Turf Analyst website:
http://turfanalyst.com

Additional information concerning this article can be viewed at:
http://turfanalyst.com/betting-systems-horses.html





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