Most people think it’s extremely difficult to make a second income at the race track.  But as you are about to see, this is not correct.  If you would like a profitable horse racing system that is easy to use, why don’t you try this great little system?  It only has three rules yet it is so easy that anyone can make money with it.

I’m going to teach you the rules, and then I will show why the system works and critique its advantages and weaknesses.

The Three Rules
First: The race has to be a claiming race with the exception that it can not be a maiden claiming race.  The way to tell if the race is a claiming race is by looking at the race description in either the track program or the past performances.

Second: Calculate each horse’s lifetime earnings per start (LEPS).  Use this simple equation to calculate the LEPS: (lifetime earnings) / (lifetime starts) = (lifetime earnings per start).  Look for the horse’s lifetime earnings and starts in the top right corner of its past performance listing.

Third: Bet the horse to win with the largest lifetime earnings per start (LEPS) if it goes to post at 8-to-1 or higher odds.

Why this Horse Handicapping Method Works
Because all horses are not the same and they have different levels of ability.  That is why there are different levels of class in horse racing.  If a horse is in good condition, he will be an easy winner if he is entered in a race at a lower class level. 

Any horse that fits the profile of this system will have undoubtedly been successful in higher class levels in the past.  Most of these horses as a rule can’t be competitive at their old class level because they have had injuries.  So they become “betting tools.”  The trainers keep racing these horses because they feel that the horses can still win at the lower class level once they become healthy again.  The trainer knows that if the horse can return to its former form even for only a single race, it will be an easy winner against the lower class field in the race today. So because of manipulation by the trainer, the horses selected by these rules do win and will often win suddenly without showing any signs of improvement.  Also because of trainer manipulation, these horses will usually pay very high odds when they win.

Strong Points and Weaknesses Using this Method
This method is very lucrative over the long run and will steadily generate an income of twenty to thirty percent on each dollar bet.  The win percentage of the system, however, is relatively low and will only average from 10% to 14%. What this means is when you start using this system you should expect long losing streaks. 

The number or size of consecutive losers for any handicapping system or method is determined by the method’s win percentage. Let’s suppose for example that you were winning around 14% of the time, which is realistic but a fairly optimistic assumption for this system. You should expect one losing streak of 34 losers in a row  in every 1000 bets.  So making the assumption of a win percentage of 14%, we should also expect see 27 losing streaks of 10 or more losers in a row for each 1000 wagers.  This would mean you would be losing 10 or more consecutive losers about 37% of the time while playing this method.

The percentage of winners is one of the most important factors to consider when evaluating any handicapping system. If you are looking for a horse racing system which has a greater percentage of winners than this method, please consider “The Indicator Handicapping Method” which is the featured handicapping method at turfanalyst.com, my website.

Additional information about this article can be viewed at:
http://turfanalyst.com/betting-systems-horses.html