When looking at devising a horse racing system, there are a few avenues you can take.
You could devise a system based purely on what you have read or been told, but chances are that you will have some personal information on the subject and the results may not be necessarily what you hope for.
Another method is to devise your own system, which is probably a little more challenging to execute than the first, and try to remember the information you have gathered about the horses, the jockeys, and the races.
Using your system is the best way to ensure your winnings as you will be doing quite a lot of work to develop and refine it, but it is also the most time consuming and energy intensive method. When developing your system you should consider the following:
• the names of the horses
• the distance that the horse is trained for the race
• the type of course on which the horse is racing on
• the jockey’s credentials
• the conditions in the race, including the distance being run, the type of course, etc
• the distance of the next race to be run and the distance of the existing race you wish to look at
• the distance of the next race you have completed and the distance of the existing race you wish to look at
• the weight of the horse as far as you are concerned, whether it is now racing or not
• the color of the horseWhen you are developing your own system you should always start with a blank page as you need a lot of work to create a profitable system, one that will consistently pick horses for profit. Don’t worry about how the betting public is going to look at your selections as the likelihood is that they will, provided that your selections are well fancied.
Once you have selected a horse you feel is the non-selection bet with the most chance of winning, you need to get the betting information around and about the betting exchanges. The information you need includes:
• the odds being offered by the exchanges to place your bet
• the number of betting markets being offered by the betting exchanges
• the percentage of commission the exchange charges you for placing your bet
• the percentage payout the betting exchanges make from your commission
As you can see, the betting exchanges are an invaluable source of information for anyone wanting to profit from horse racing. They act as a broker and pass on the prices being offered by the bookmakers to you, at no cost to you, meaning that you don’t have to match them with your own bets.
Although the majority of horse racing systems available online are purely online, meaning that you must first have registered an account with one of the betting exchanges to open an account with the exchange, many of the cheaper betting exchange trading systems available also have offline embedded systems as well. You can also purchase a few of these systems as a Future in the hope that you will be able to demonstrates how they work in the real world.
Many of the more elaborate and expensive horse racing systems are unlikely to make you an instant millionaire, however they are extremely well researched and historic results are available for you to study.
No doubt as the internet continues to improve and become more accessible, more and more great systems for racing and horse betting will appear. However, do not expect that you will be able to bet from home on a Betfair or Betdaq account any time soon, whilst there are now new methods of performing a test trade that will allow you to do this. This does not mean that you can bet from home on a Betfair or Dewapoker account to make a profit, you will still need to have an account.