The Implications of the Size of Fields to Betting

By Himanshu Joshi

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There are many Jockey Clubs in many horse racing areas. Some of these clubs have been in existence for many years. There are Jockey clubs that were established more than 100 years ago and they are still in operation. The clubs' main role in the horse racing industry is to improve the racing arena. The main categories addressed by these horses are the thoroughbred and the breed races. These Jockey Clubs are actively involved in research programs, whose findings are published and shared in horse racing news papers and websites. Research programs include the study of aspects that would lead to enhanced performance of the horses in readiness for the races.

One of the recent findings by Jockey Clubs revolved around the size of field and betting done by the racing enthusiasts. The findings that were relayed through the horse racing news channels have generated interest in the betting circles especially during major events. Among the areas highlighted during the research, the size of the field stood out very well. Observations made included the fact that the sizes of the fields have gone down. The fields are much smaller today than they were only a few decades ago. Horse racing news reporters have also taken interest in the research findings. They have reported that whenever a new horse is taken up in a racing field, the value of the average handle improves by at least $100000.

Horse Racing Systems and Betting Angles to Find Winners

By Paul John Coleman

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Some pro punters use speed rating some use systems based on weight. Others go on trainer form and jockey form. Others base their selections on class or recent form.
Many use a mix of different strategies to find value bets. To become good at picking horses requires years of study but you can make the process easier by using horse racing methods or systems for picking winners.

Many punters have asked me if horse racing computer software works. I tend to find that using software does not take into account things such as the changing going conditions or a trainer suddenly going through a bad patch. Most computer software is based on the current form of a horse so it may be worth trying in the higher class non-handicap races or group races. Some online racing websites even have a race simulator based on data from past performances to see what the most expected results of the race are.

There is no simple method that will make you a fortune overnight but there are some systems that will allow you to beat the bookmakers on a regular enough basis to make a long-term profit from the game.
Some angles that systems are based around are looking at horses that have been heavily backed from their early morning price. I look for a horse has halved in price from say 10/1 into 5/1. Price movements at the bigger festivals are worth an extra look.

Top Tips for Horse Racing

By Himanshu Joshi

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Horse racing as a sport has existed since the Roman Empire and is often referred to as the "Sport of the Kings" due to its association with the British royalty and aristocracy. In recent times the sport has experienced exponential growth and expansion. Racing tracks have sprung up across several countries which were earlier not even on the fringes of the horse racing news circles. Internet has also played its role in abstracting horse racing from the elite circles of royalty and aristocracy and bringing it into the mainstream sporting industry.

Being the biggest medium of information distribution, internet has helped in making people aware more and more about racing and its ways. This sudden influx of awareness with regards to racing as a sport has ignited the interest of everyone from general public to the high-strung elite of the society. People can now access any and every information about horse races. Several websites dedicated to horse racing news, information, schedules and much more have come up in the past few years. The increasing popularity of races has given rise to several supplementary industries as well, such as breeding, betting and many others. As per the horsing racing news doing the rounds, the racing industry is also acting as a major employer and stemming several employment opportunities too. So if you are looking to participate in an upcoming race, here are some essential tips to help you ride your way to the top-

How to Pick a Winner at the 2012 Cheltenham Festival

By Damian Carvill

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Whether or not you're lucky enough to attend this year's Cheltenham Festival, you can still take advantage of adding extra excitement to the races by placing a bet. Whether you're a novice punter or seasoned better, picking a winner from a field of contenders isn't easy. First there's the different odds, then there's the jockeys, the form and of course, the horse's names.
So with so much to consider, how do you pick the winning horse? By the time you've finished reading this guide, you will be better placed to identify a horse that may win you the race.

Understand the Odds
Alongside the Grand National and Ascot, the Cheltenham Gold Cup attracts a huge amount of interest and bets from fans and non-fans of horse racing. However many see the process of betting, with varying odds and different stake options, to be too complicated and daunting to pursue. Understanding the odds and how to place a bet is the first step on the road to picking a winner and netting a tidy sum of money.
Regardless of what John McCririck might suggest, sporting odds are actually quite easy to understand. The two different numbers that you will see next to a horse's name relate to how probable that horse is to win that race. The shorter the odds, or the lower the numbers, the greater its chance of winning. These numbers are separated by a slash and referred to as being one number to another, for example 10/1 or ten to one.

When a horse is favourite to win a race, or odds on, a bookmaker regards its chances of winning the race as better than 50%. This is when you see larger numbers as the second number in the horse's odds, like 1/2.

How much will I win?
So let's say you have �10 to bet, how much will that win you, should your horse come home first? Again, this is quite easy to calculate. If, when you place your �10 bet, the horse's odds are 5-1, you will win �10 X 5, plus your original stake back to make a total of �60.
If your horse is described as evens, that means the bookmaker believes your horse has a 50:50 chance of winning the race, or 1/1. So with your �10, you will win �10 X 1 plus your original �10 stake to make a total of �20.
Sometimes you may see odds that don't end in a one, like 7/2. As odds are written as fractions, they don't include numbers with a decimal point. Therefore, 7/2 is actually 3.5 to 1.
When your horse is odds on, say 1/4, your �10 bet will win, as normal, your �10 back plus 10 X 0.25 (or a quarter of the evens odds), which is �2.50. Therefore you will take away �12.50 in total.

To win or each way?
When you place your bet you have the opportunity to bet on the horse to win outright or to finish in the top three, or 'each way'. The examples given above are all based on your horse winning and you betting on it to win outright. If you decided to hedge your bet and go each way, you are actually placing two bets, one on the horse to win and another, equal sized bet, to finish second or third (and in some cases, but not at Cheltenham, fourth). Therefore, if you had �10 to bet, you would bet �5 each way, making a total of �10, spread across the two bets.
Your first bet at �5, on the horse to win, would pay out as above. Therefore on a horse backed at 5-1, you would win your stake back plus 5x5, to total �30. The second part of the bet is a little more complicated and depends on the number of horses in the race.
If there are 16 horses running, the bookmaker will pay out up until the fourth horse. If your horse finishes fourth, you will receive one quarter of the odds plus your stake back. For races with 12-15 horses, this goes up to third with third place getting one quarter of the odds too. For 8-11 runners, a bookmaker will pay out to third place with that horse receiving one fifth of the odds. When there is 5-7 horses in a race, you will only get a pay out if your horse wins or comes second, with the second placed horse getting one quarter of the odds.

Horse Racing Handicapping Secrets To Finding Winners

By Paul John Coleman

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The one thing I would advise new punters to do is to take notes every time you go racing. After a while keep going over your notes and you will find patterns emerging from them that you can base winning systems around.
A big priced winner going in could be something as simple as liking the heavy going or it hits form at a particular time of the year.
It amazes me how many gamblers do not take track conditions into consideration as this a massive factor.
Check horses previous results to see if it can handle the days going conditions.
Another area to watch for that finds plenty of winners are horses dropping down in class. Horses that drop down in class of three four grades are a big threat.

Good recent form is one of the main things I tend to look for in picking a winning horse. If a horse has not had a run within say 30 to 40 days I would be very wary of backing it.
Try to understand which horses running styles are suited for which types of races. Sprint races over five and six furlongs suit early speed horses.
Here is a check list for determining if a horse has winning credentials and whether to play or pass.
Determine which horse are the true contenders. If you cannot whittle the field down to two or three contenders then leave the race alone. It is probably too competitive.

Are You a Beginner? Stick to Small Horse Racing Fields

By Himanshu Joshi

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In the present seemingly harsh economic times, many people are hunting for some extra sources of income. Not that they want some hard labor jobs just to make that extra dough, but they want something less demanding in terms of labor. Gambling has proven to be a fantastic source of income for a relatively long time. With the prosperity of some punters, more people are turning to betting. These people perceive horse race betting as "greener fields", and they are willing to invest in order to make substantial profits. However, if you are a novice in the horse racing industry, then you have to stick to betting on small-field horse races.

One of the key aspects in betting during horse races is the field size. If you are entirely a novice, chances are that you are not aware of the distinct fields and distinct horses as much. Therefore, it is safe if you stick to small field races. This is because the more the horses in a field, the more the selections, the harder it is to chose a horse to place your bet on. Given you are doing it for monetary or economic reasons, you have to scrutinize to know more about all the horses in a racing field.

Trends in Horse Racing Fields and Their Effect on Purses

By Himanshu Joshi

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In the last six decades, the horse racing field sizes have gone through tremendous innovations. There has been an enormous decline in the field size numbers. Field consisted of an average of 9 horses per field in 1950 to an average of eight horses in 2010. A sharper decline has also been seen in the average number of races a single horse runs per years. Research shows that the number declined from 11.31 in 1960 to only 6.2 in 2010. The decline in number of races a particular horse runs per year has a direct, declining impact on the size of the field.

If you think the decrease of the field sizes is rather insignificant, then you are terribly wrong. It has a direct impact on the handle. Even a single additional horse in a race can make a difference of up to $100,000 in the handle. Over the years, punters have shown immense interest in big field horse races. They regard the bigger fields as long shots as the payoff they get are usually larger than the ones in small field races.

Throughout the years, there has been a remarkable decline in the handle as a consequence of decline in the size of horse racing field. The handle, in turn, has an enormous, direct impact on the purses. The purses have extremely decreased in the last six decades. This has discouraged many horsemen from thorough breeding. They no longer see it as a lucrative business that it was before. However, as much as the overall purses have reduced, the average purse per horse has increased by 26.8% in the last decades. This is mainly because the field sizes are declining; hence the purses are shared by a small number of horses. In the past, the purses were distributed among so many horses due to the big fields and as such, the average purse per horse was not a big amount.

Horse Racing - Field Size and Betting

By Himanshu Joshi

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A recent research by Stats Jockey Club, which was established in 1894, shows that the horse racing field size has a direct impact on how people bet. The Jockey club is an organization that seeks to improve breeding and thoroughbred racing. Among all the other statistics, the field size statistics in connection to betting were alarming. Nowadays, the field size in the race tracks has considerably reduced. The fields no longer have as many horses, as it was some two decades ago. The average field size in 2010 had 8.19 horses as compared to 9.07 horses per field in 1950. The drop in field size may seem insignificant. However, for every extra horse that enters a horse racing field, there is a $100,000 increase in the average handle.

This is significant because the handle directly affects the purses in that, the purses increase with elevating handle. The purses have a direct connection to the urge of horse owners to breed more horses. Larger purses incur more thorough breeding. Consequently, more horses are bred hence a reflected increase in number of the field size. This is, therefore, a huge circle that is particularly vital to the horse racing industry. This is the circle within which betting is based on. For most people, betting is what makes this equestrian sport worthwhile. It simply wouldn't be fun without betting. It has been proven, especially in Triple Crown and Breeder's cup races, that the larger the field size, the more the betting. The more spread out the field is, the higher the chances that people will bet on some of the extra horses to make profits, which many end up losing.

Horse Racing Predictor - Forecast Results

By Himanshu Joshi

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Placing a bet on a winning horse is fantastic. Utilizing the right information to predict the winners of horse races is even more exciting. However, finding the right information can be a rather tedious and daunting task. You must consider all the elements starting from the particular horse, its trainer, its lineage, its training regime, the weather and track conditions. Making a good bet is characterized by prior accurate assessment of previous results and other useful information. Most people place their bets without any prior planning no wonder up to 98% of them lose their money. However, with the invention of prediction software, it's highly likely that more people will make some fantastic decisions that may guarantee little if any money loss.

At first, many enthusiastic bettors were pessimistic about the idea of using prediction software. However, the distinct prediction software in the market today are gaining acceptance, as more bettors learn to utilize it to predict any future race. Isn't it high time that you stopped losing your money, and on the contrary start making some serious money? The predictors on the horse betting industry are extensive, some being more reliable and efficient than others. They assist you in the decision of where to place your bet and consequently win. A lot of professionals in the horse racing field use this software to generate vast amounts of money, which you always give out to them, though indirectly.

Horse Racing Results - General Overview

By Himanshu Joshi

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The culture of horse racing is deeply rooted to our ancestors, who perceived it as an entertaining equestrian sport. The sport was previously unorganized, typically with impromptu races and competitions. However, as the sport evolved, matches and races became more organized, mainly for all civilizations across the world. The horse racing world has experienced some major trends and turns in the last century. The equestrian sport is now quite extensive across the globe, not only centered to the royalties as it was in the ancient times. This sport has gained popularity all over the world, as more and more persons try to learn and incorporate the sport in to their otherwise regular, boring routines.

Although people have tight schedules, sport lovers always have time for horse racing. They will put off all their engagements and appointments to attend a horse race. Like many other sports, this one involves gambling no wonder it is a surprisingly strong magnet for people from all walks of life. Their desire to attend or watch a horse race for the final results is driven by the bets that one placed on a specific horse. In present times, there are many ways to get these results as fast without having to be in the actual race. However, some people still prefer to get the results first hand, at the events. They desire the smell of the track, the pounding hooves of horses and the loud roar of the crowd, and they just don't feel the touch and essence of the sport if they are not physically, personally present at the event.

Past Horse Racing Results: Things to Scrutinize

By Himanshu Joshi

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The significance of previous horse racing results before betting on a particular horse is indispensable. The excitement you get when your selected horse wins is a feeling like no other. Past results will give you a clear insight of where you can base your confidence on. Moreover, if the betting is done right, you will be sure to reap enormous profits not just once or twice, but many other times. How do you utilize these past results in your favor? What do you look at?

Check keywords
You should check the name of the past race, the type of the race and its restrictions, if it had any. It will also give you a glimpse of what the handicap weight restrictions were and why they were placed.

Compare jockeys
You should already have an idea on distinct jockeys before you look at the results. The results should only make selecting your easier as you look at their wins and losses trends. You should look at the numbers beside each jockey's name for the wins, how many places he won, on what shows and finally, the winning percentage. You should check these results side by side to ensure that you effectively compare all of them.

Horse Racing Passion: The Queen Mother's Love for Racehorses

By Ruth Williams

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The Queen Mother is famous for her passion for horse racing. In her long history of backing horses she has had 449 winners, who all raced in her personal gold and blue colours. Her first victory was back in 1949, when Monaveen won a race at Fontwell. This earned her the distinction of being the first English Queen to win a British horse race since Queen Anne's triumph in 1714.

This love for racing horses was ignited at the 1949 when Lord Mildmay of Flete and trainer Major Peter Cazalet visited Windsor Castle. The two friends convinced the Queen Mother to buy a horse so that Cazalet could train it. This horse went on to win a series of races, including the Queen Elizabeth Chase later that year.
She presented the trophy herself and was allowed to take it home with her as a token of Monaveen's esteem.

The Queen Mother was extremely successful in the years that followed. In 1950 Monicou won the King George VI Chase under her banner at Kempton Park. After Cazalet's death in the late 1970s, Fluke Walwyn went on to take over training of the horses in the Queen's stable.

The Queen Mother is revered among horse racing enthusiasts for her expertise at picking winning horses. Among her most successful acquisitions was Double Star, which scored several notable victories. Perhaps her most success horse of all was Game Spirit. During its long career, this noble horse scored an impressive total of 21 wins.

Taking Money From Dummies at the Racetrack

By Dave C Williams

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Believe it or not, most people do not understand how betting on horses actually works. The average person thinks that they are betting against the racetrack. That is understandable. When you make a bet at the racetrack you hand your money to the person who works at the betting window, and if you win, they hand it back to you.

What they are really doing is pooling all of the money that has been bet on a race, and then handing it out to the winners when the race is over. They take a cut (usually around 19% of the total) but they have no interest in who wins or loses the race. They make their money no matter who wins. When you win a race, your winnings come from the players who made losing bets. When you lose your money is divided up among the winners.

Smart guys win, dumb guys lose.

Make a visit to your local racetrack one weekend and take a look around at the people who are there. The racetrack is a microcosm of society. You will see very wealthy horse owners in the paddock with their horses, average middle class people enjoying an afternoon outdoors, and more than a few people who look like they don't know where their next meal is coming from. All of them are players in this game and it is your goal to take their money.