The Key Horse is Still the Secret to Any Good Horse Racing System

By Bill Peterson

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There are just so many ways to bet on horse races and so many ways to make money betting with a good horse racing system. Eventually, it all comes down to finding one good horse(s) to key on whether making a straight win bet or betting exotic wagers. Betting strategy is usually determined by the best value for the money.

For instance, once you have identified the contenders in the race, the next step is to arrive at an idea of how likely each one is to win. You may think horse A. has a 30% chance, horse B. a $25% chance and horse C. a $20% chance. The next step is to turn those percentages into dollar amounts, or pounds, or euros, or whatever the currency is that you are using to make your wagers.

Horse A. would need a payoff of approximately 5-2 to break even or to show a slight profit. Horse B. would require a payoff of at least 3-1 to break even and horse C. would need a payoff of 4-1. If you can't find the right odds in the win pools to make any one of them a good bet, the next place to look, obviously, is the exotic pools.