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Winning Horse Racing Strategies - Easy, or Very Hard Work Indeed?

By: Christopher Temple

There are two types of punter out there, (apart from the crazies who are blind to all logic and reasoning, and merely bet on a horse because it's a colour they like or because it shares its name with someone from the office).



The thinking punter, as I prefer to call him, always uses a system. It may be a system he created for himself, it may be one he borrowed from a friend or even bought somewhere, or it may be a system that he has developed from someone else's and which he now regards totally as his own creation.



However they are created, these horse racing systems usually break down into one of two types:- statistics-based and form-based.



The statistical horse racing systems develop because of the availability of vast amounts of historical data from other earlier races, and in these days of powerful computers and giant memory banks, the available database is expanding at a monumental rate. Pro-statisticians, and keen amateurs like myself, pore over these figures, forever trying to perceive new patterns, and to mould the results into a new and even better winning horse racing system



Sometimes the statisticians lose the plot completely, like the man who loudly announced, after many hours of expensive computer time, that favourites only win about 1 in three races.



Gosh! I didn't know that!



But still, I think the research is valid and worthwhile, and useful data does often emerge, and real winning horse racing systems are born as a result.



The form punters have an equally valid point of view. They believe that careful study of every characteristic of every horse, on every track, in every weather condition, with every available rider etc etc etc. Yes, the list goes on ad infinitum and we will all need even bigger computers to consider all these variables and come up with a conclusion. Before the horse retires to stud anyway.



No, good systems (and there are many really good systems out there) contain elements of both camps, They also contain an ingredient that many fanatical gamblers cannot operate with - prudence. The very best racing systems give their users an edge, a statistical prospect that they will always win more often than they will lose, and that if the punter just keeps steadily working away, winning little but often, they will in the end build a large and growing bank.



For the incurable gambler this is just not on. He seeks a big killing, that 50-1 winner which is always just around the corner. And if he loses 100 times to achieve it, and his 50-1 winnings don't even come close to covering his losses - well, so what! He just must have a bet, and he'll forever continue to do so.



The systems I develop and expand, are for the punters with a business brain - the traders. Many of them, like me, never visit horse races, nor even watch them on the tv. It's just a business, and for a few it can be a very profitable business indeed.

Article Source: Free Content Articles Directory

Chris Temple is a successful forex trader. He has authored several books about Forex, winning horse racing systems and on finding the best winning horse racing betting systems

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