By Bill Peterson
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| image: depositphotos |
Regular gamblers take some comfort in being right and sometimes they even take comfort in commiserating with other losing gamblers. Winning gamblers take comfort in making a profit and usually keep their ROI and other secrets to themselves. You'll hear a lot of horse players complaining about how hard it is to make a profit or about the losing streak they're on, but you'll rarely if ever hear one talking about his positive return or method of picking those good bets.
Let's be clear on what a good bet is before we talk about the magic formula for determining that bet. A good wager is one that will show a positive return over the course of a season or a meet. That means that is you make the same bet under the same circumstances at the same track, it will pay you back all the money that you bet plus a profit.
I realize how difficult it is to find such bets, so please don't think I'm being glib. Making money wagering on horse races is one of the toughest things most of us will ever tackle. It requires certain skills, such as good math skills and the ability to keep accurate notes, whether by using a good computer program of just keeping hard copies that you jot down. Fortunately, a lot of the record keeping is now done by the major suppliers of past performances.
