Whether you are a recreational gambler or a regular at the horse races, everyone knows the joy of cashing a big winning ticket on a long shot. Handicapping horse races is tough and picking long shot winners is really rough if you want to make money betting on horses. Almost everybody has a story about some crazy bet they made and cashed on a longshot, but few people can truthfully say they have made a profit betting long shots.
The reason for that is that most people do not know when a longshot is a good bet. Yet every day, week after week, year after year, long shots win races. Every horse, including those longshots, had a jockey, trainer and owner who were all involved in getting the horse into condition and into that race. How many of them thought they had a chance to win? Probably very few, but the ones who did know also probably bet on their horse.
I will admit that there were a few times when one my horses won at long odds and I didn't even have a bet on it because I didn't think it had a chance in the race. Then racing luck and things beyond anyone's control turned the tables and my horse came across the finish line first. Many people probably thought I cleaned up at the pay windows but the sad truth was I was a s surprised as anyone when it won. That happens.
There were few times when I won when I had a hunch the horse was going to improve a lot and I cashed in on it. Sometimes it was a matter of changing the shoeing or figuring out what was bothering a horse and fixing it. If bettors had been sharp those days they could have seen that something was up with the horse by watching the money in the pools. I don't just mean because there was win money on the horse, but also how it was distributed. If you keep track of how the money is spread around you can spot long shots that are intended to win.
Like most things in life, if you follow the money you'll soon find the people who will be successful and who control the game.
The most consistent horse racing systems have to have the basics and a handicapper must understand the basics. I have been around horse racing for 50 years including as an owner. Without the basics the rest is not going to do any good. If you want to learn how a horse owner and insider handicaps just go to Handicapping Longshots and get the truth.
Bill Peterson is a former horse race owner and professional handicapper. He comes from a horse race handicapping family and as he puts it, "Horse Racing is in my blood." You can visit Bill's store at http://williewins.homestead.com/handicappingstore.html
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