Is it Possible to Make Money Betting On Horses?

The most common question we get asked is “Can you really make money betting on horses?”, and the easy answer is yes.

However, very few people will demonstrate a profit betting on horses they do not have the discipline to adhere to a money management system that is constant and because they lack the ability to handicap using a method.

Bet-mix is a tool that was created to provide a consistent approach to handicapping. It permits you to make a handicapping “system” and apply it consistently to every race you look at. You can handicap every race in precisely the identical way, in case you have produced a mix for handicapping 6 furlong Claiming races at Gulfstream. You can definitely do that using some other tool or the form, but not with the exact same speed and exactness that Bet-mix provides. It could take you hours, if you’re using the Racing Form, pens and a calculator to handicap every race at Gulf-stream and there’s absolutely no guarantee that you added everything up or that you didn’t miss a data point for a horse. In seconds you can handicap a card with Bet-mix and determine where you might have the advantage and which races you should be playing.

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You are betting against the house like in a casino, not against the crowd when you bet on horses. You are taking money away from the people who bet as you, when you win money at the race track. You must work harder and be smarter than the people you are playing in order to win money consistently. Bet-mix gives you that advantage. A mix can be devised by you and then test it to see how it performed over the course of a match. You’ll have the data to verify that you are making a choice and be able to bet with confidence when you apply that mixture.

You can’t bet every race. It can’t be emphasized enough, although that should be obvious to most players. Should you bet every race you encounter; you’re going to lose money. You have to pick your spots – races where you’ve determined that a horse has a better probability of winning than the rest of the area and have historical data and the numbers to back it up. Then, you aren’t going to win each time, but with a solid money management system you will be able to overcome the losses and show a profit in the long run.

With Bet-mix you can evaluate every race at every track today, running and find the 4 or 5 best opportunities. In the event you had 8 racetracks that you wanted to handicap, each offering 9 races and were looking at a Saturday, you’d have 72 betting opportunities. You could find 10 races worth betting where your top ranked horse has a strong point edge for those who have a very selective set of mixes that you created and then applied those. You might eventually discover that only 5of these races are worth playing if the horses you selected do not meet your minimum odds criteria (who wants to bet a 3:5 shot?). For arguments sake let’s say that 2:1 is the lowest price you will accept and in all 5 of the races you decide to bet the horse is going off in 2:1. You will have bet a total of $10, if you bet $2 to win on each of these horses in each race. A winning horse that goes off at odds of 2:1 will return $6.00. You will need to win 2 to show a profit. You can earn money by being right 40% of the time. In real life things don’t always line that up simply of course. Some horses will be 9:5 or 4:1. The trick is to bet consistently and to limit your stakes. Human nature is such that in the event that you lose the first few bets you will be tempted to bet on another race to win back what you have lost, or you may lose your confidence and wager less to be able to reduce your potential losses. In either case you are headed for disaster.

Consistency is demanded by winning money. Consistency in how you bet and how you handicap. Being consistent in how you handicap is significantly easier than being consistent in how you bet. People are not robots and
it’s tough to watch a race where a horse that almost met your handicapping criteria is going off at 15:1 without gambling it. Your cash management strategy should permit you to play those marginal horses, but not to the same level that you would play your sound picks.

There are several books and articles on market management, and you can discover systems which should make sense to you. However, the purpose of Bet-mix is handicapping, not money management. We can supply you with an accurate and consistent way to handicap you bet these results is up to you. To make money gambling on horses you have to be disciplined in both regions.

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