Computer Based Horse Race Handicapping And Wagering Systems Pdf

1. Computer Based Horse Race Handicapping And Wagering Systems Pdf Merge
2. Computer Based Horse Race Handicapping And Wagering Systems Pdf Answers
3. Computer Based Horse Race Handicapping And Wagering Systems Pdf File
4. Computer Based Horse Race Handicapping And Wagering Systems Pdf Free

A Horse Racing System is a set of form based rules revolving around what a horse did at its past starts. For example a system might concentrate on horses that won their last start or were favourite last start. Such a system might also look at a horse's strike rate, weight to be carried, barrier draw, TAB number and so on.

Computer Based Horse Race Handicapping And Wagering Systems Pdf Merge

This horse racing system simply works by placing the same stakes ( i.e. £10 on each selection ) but it also has some rules, which are pretty straight forward to understand.

The amount of selections you bet on this horse racing system is determined by the odds of the favorite, I have placed a table of odds below for you to show how many selections can be bet upon. Microsoft office untuk mac.

Apr 01, 2015  AbstractThis paper examines the elements necessary for a practical and successful computerized horse race handicapping and wagering system. Data requirements, handicapping model development, wagering strategy, and feasibility are addressed. A logit-based technique and a corresponding heuristic measure of improvement are described for combining a fundamental handicapping. (1994).'Computer Based Horserace Handicapping and Wagering Systems: A Report.' In L. Hausch and Ziemba (eds.), Efficiency of Racetrack Betting Markets. The biggest challenge with predicting horse racing is the lack of fixed odds in a US-style parimutuel system. No matter how good your handicapping model is, you also have to.

All odds below are in decimals and are the odds of the Favourite in any given race.

Odds of Favourite In decimals Bet On First

Between 3.00 & 4.00 2 Horses

Between 4.00 & 5.00 3 Horses

Between 5.00 & 6.00 4 Horses

Between 6.00 & 7.00 5 Horses

Between 7.00 & 8.00 6 Horses

Let's just imagine that the first race you wanted to have a bet in is the 2.10 @ Ascot. Simply navigate to that particular race at your chosen, betting exchange, bookmaker website or go down to your local bookies and take a look at the odds/prices that you are being offered.

Now for this horse racing system to work, let's say for arguments sake that the favourite was being offered @ 5.3. Take a look at the above table and look for 5.3, there you will see that you are allowed to bet on the first 4 horses in the betting market i.e. 1st Favourite, 2nd favourite, 3rd favourite and 4th favourite, making a little more sense now??

The same goes for any price that the favourite has within the odds displayed in the table above.

This horse racing system, called 'Level Stake' betting, has been around for 'Donkey's' years but not too many people actually do it, simply because the majority of punters are looking for a BIG win with every bet they place and to be honest they lose almost ALL the time.

Selections process for this horse racing system is very easy to do: if in your chosen race the favorite has odds of 3 at Betfair then you are allowed to place your stakes on the favorite and the second favorite in the betting.

If in this horse racing system you placed say £10 on each one, your total outgoings are £20. If the favorite were to win you would receive back £20 in winnings and your £10 stake money as well, so a total of £30.

If the second favorite were to win at odds of 5, then you would receive back £40 plus your £10 stake money back for a total of £50 return.
If you were to select a big race where the favorite was priced up at 7 on Betfair then you are allowed to place your stakes on the first 6 in the betting.

It is a very simple horse racing system, but highly effective and if done properly can make a very nice second income.

I have personally had winning bets of up to 25/1 although these are very few and far between it's very nice when it happens.

Level Stakes betting can be used with nearly all races, with just a few exceptions which are listed below.

1. Do not bet in 'Maiden' races. I find these to be very unpredictable and results can vary.

2. NEVER bet in handicap races with over 16 runners, again very unpredictable and there are always much better races to bet in.

3. Never bet in 'Apprentice' races, although there are some pretty good apprentice jockeys around you WANT a pro jockey that knows exactly what it takes to win a race.

Another variation of the above horse racing system is to MISS OUT the favourite and use the second favourite as your stating point. This enables you to add more selections and get bigger priced winners.

If you copy how I make my selections below then you will be quids in week after week.

If you decide to place your level stake bets with the favourite included, then this horse racing system is straight forward enough as ANY race that meets the above criteria is fair game but if you wanted to narrow your search down and just find between 2 & 4 races per day to play in, then just copy the following to achieve a VERY high strike rate.

You will need any 'run of the mill' newspaper ( I prefer 'The Sun' ) that has racing pages in its sporting section.

Plus you will need to register yourself at the http://www.racingpost.co.uk website if you haven't done already then go do it now, it doesn't cost anything.

On racing day, to apply this horse racing system simply log onto the racing post website and go through ALL of that days racing, you must mark off ( in your newspaper ) the selection that the racing post gives as its most likely winner.

When you have done that you then look at what your newspaper's two tipsters go for in that particular race. If ALL 3 ( 2 X newspaper tipsters plus racing post) select the same horse then that COULD be a definite bet. Then simply do this with the newspaper for ALL the races of the day. Best software for unlocking huawei modems universal flasher. Don't be put off at all, it takes about 10 minutes to do, not a lot of time for a horse racing system that could change your financial future.

Once you have done that you need to go to Betfair and simply check the odds for the horse that ALL 3 tipsters have given. If the odds are acceptable with the odds in the table then you have a definite bet and you stake on however many horses that the odds in the grid tell you to.

The other variation of this horse racing system is where you miss out the favourite all together and the selection process for this is much simple and quicker.

Simply miss out all the 'Danger' races as described on the previous page then try to find races that have between 12 & 16 runners, especially handicap races because in handicap races horses are allotted different weights to carry, which in effect gives ALL horses the same chance of winning.

Then all you need to do for this horse racing system to work is to get the odds for the SECOND favourite and place your stake money down on as many selections as the table allows you to.

Computer Based Horse Race Handicapping And Wagering Systems Pdf Answers

Now you know how easy it is to make your selections, you will now need to know how to make best use of your betting bank.

We will take a £1000 betting bank as an example but you can start with however much you can afford, this horse racing system works for everybody!

Simply divide your betting bank by 100, so for a £1000 bank this figure is £10. So £10 is the amount you should place on your first ever race.

Let's now say that in your first race you can bet on the first 4 horses, you divide your first bet of £10 by 4, which equals £2.50, so £2.50 is the stake money that you place on the first 4 selections in your first race.

I can just hear you say 'Hey, staking a mere £2.50 on a horse, this horse racing system is not going to make me rich!!'

Well, its not and is not meant to either, yet! You should look at this as a long term venture and protect your betting bank as best you can. Dividing your betting bank by 100 gives you 100 losing bets before you go bust and that just is not going to happen.

In the £2.50 example above if the favourite wins then you will win a level stake profit of £2.50 BUT if the favourite loses and an 8/1 shot wins, you will then pick up a nice £12.50 profit.

Then as the days go by your betting bank increases and then so does your initial stake money and soon instead of placing £2.50 on each horse you will find yourself placing £22.50 on each horse, I can see how you start enjoying this horse racing system now!

ABOUT THE AUTHOR: John Anthony is a recognized authority in the PRO gambling world. His worldwide famous Horse Racing System, the Sure2Profit Calculator PRO 1.8, has helped over 1,288 people making up to ?80,000 per year on Tax FREE profits.

Find out how to become one of them here:http://www.sure2profit.com/software.htm

It's no secret that it's possible to figure out which horse is going to win a race with reasonable statistical confidence.

The trick - and always has been - is making sure you can make a profit from it.

Computer Based Horse Race Handicapping And Wagering Systems Pdf File

If a horse has a 30% chance of winning a race, and you're being offered odds as if it only has a 10% chance (i.e. 9/1), you have identified 'value' or what Kelly Criterion would describe as 'edge'. You can mathematically in the long term make a profit, and Kelly can even tell you what %age of your bank to wager to optimise your expected returns: https://en.wikipedia.org/wiki/Kelly_criterion

Computer Based Horse Race Handicapping And Wagering Systems Pdf Free

Identifying the 'true' odds of an outcome and then identifying what odds you're prepared to take (adding an over-round), is a key piece to what bookmakers do when creating what they call 'the tissue' - the opening odds they offer that is then adjusted to manage liabilities in line with incoming weight of money (WoM) from bettors. https://mvhaj.over-blog.com/2021/02/dvd-capture-mac.html.

Kelly was a colleague of Claude Shannon. His papers have stood up to the rigour of mathematical analysis and also make intuitive sense to those who spend enough time thinking about it.

It has successfully been applied in casinos (Blackjack system pioneer Edward Thorpe is/was a fan), bookmakers, hedge funds (Thorpe again, but many other funds apply Kelly too), and everything in between.

But here's the rub: you won't get to keep your edge for very long. Bookmakers, betting exchanges and parimutuel systems all adapt to deal with long-term winners. Your window of opportunity is limited. Already bookmakers have good systems for identifying true odds for English Premier League games and make a tidy sum on over-rounds (profit margins) as thin as 3% because they can eliminate value.

Between 6.00 & 7.00 5 Horses

Between 7.00 & 8.00 6 Horses

Let's just imagine that the first race you wanted to have a bet in is the 2.10 @ Ascot. Simply navigate to that particular race at your chosen, betting exchange, bookmaker website or go down to your local bookies and take a look at the odds/prices that you are being offered.

Now for this horse racing system to work, let's say for arguments sake that the favourite was being offered @ 5.3. Take a look at the above table and look for 5.3, there you will see that you are allowed to bet on the first 4 horses in the betting market i.e. 1st Favourite, 2nd favourite, 3rd favourite and 4th favourite, making a little more sense now??

The same goes for any price that the favourite has within the odds displayed in the table above.

This horse racing system, called 'Level Stake' betting, has been around for 'Donkey's' years but not too many people actually do it, simply because the majority of punters are looking for a BIG win with every bet they place and to be honest they lose almost ALL the time.

Selections process for this horse racing system is very easy to do: if in your chosen race the favorite has odds of 3 at Betfair then you are allowed to place your stakes on the favorite and the second favorite in the betting.

If in this horse racing system you placed say £10 on each one, your total outgoings are £20. If the favorite were to win you would receive back £20 in winnings and your £10 stake money as well, so a total of £30.

If the second favorite were to win at odds of 5, then you would receive back £40 plus your £10 stake money back for a total of £50 return.
If you were to select a big race where the favorite was priced up at 7 on Betfair then you are allowed to place your stakes on the first 6 in the betting.

It is a very simple horse racing system, but highly effective and if done properly can make a very nice second income.

I have personally had winning bets of up to 25/1 although these are very few and far between it's very nice when it happens.

Level Stakes betting can be used with nearly all races, with just a few exceptions which are listed below.

1. Do not bet in 'Maiden' races. I find these to be very unpredictable and results can vary.

2. NEVER bet in handicap races with over 16 runners, again very unpredictable and there are always much better races to bet in.

3. Never bet in 'Apprentice' races, although there are some pretty good apprentice jockeys around you WANT a pro jockey that knows exactly what it takes to win a race.

Another variation of the above horse racing system is to MISS OUT the favourite and use the second favourite as your stating point. This enables you to add more selections and get bigger priced winners.

If you copy how I make my selections below then you will be quids in week after week.

If you decide to place your level stake bets with the favourite included, then this horse racing system is straight forward enough as ANY race that meets the above criteria is fair game but if you wanted to narrow your search down and just find between 2 & 4 races per day to play in, then just copy the following to achieve a VERY high strike rate.

You will need any 'run of the mill' newspaper ( I prefer 'The Sun' ) that has racing pages in its sporting section.

Plus you will need to register yourself at the http://www.racingpost.co.uk website if you haven't done already then go do it now, it doesn't cost anything.

On racing day, to apply this horse racing system simply log onto the racing post website and go through ALL of that days racing, you must mark off ( in your newspaper ) the selection that the racing post gives as its most likely winner.

When you have done that you then look at what your newspaper's two tipsters go for in that particular race. If ALL 3 ( 2 X newspaper tipsters plus racing post) select the same horse then that COULD be a definite bet. Then simply do this with the newspaper for ALL the races of the day. Best software for unlocking huawei modems universal flasher. Don't be put off at all, it takes about 10 minutes to do, not a lot of time for a horse racing system that could change your financial future.

Once you have done that you need to go to Betfair and simply check the odds for the horse that ALL 3 tipsters have given. If the odds are acceptable with the odds in the table then you have a definite bet and you stake on however many horses that the odds in the grid tell you to.

The other variation of this horse racing system is where you miss out the favourite all together and the selection process for this is much simple and quicker.

Simply miss out all the 'Danger' races as described on the previous page then try to find races that have between 12 & 16 runners, especially handicap races because in handicap races horses are allotted different weights to carry, which in effect gives ALL horses the same chance of winning.

Then all you need to do for this horse racing system to work is to get the odds for the SECOND favourite and place your stake money down on as many selections as the table allows you to.

Computer Based Horse Race Handicapping And Wagering Systems Pdf Answers

Now you know how easy it is to make your selections, you will now need to know how to make best use of your betting bank.

We will take a £1000 betting bank as an example but you can start with however much you can afford, this horse racing system works for everybody!

Simply divide your betting bank by 100, so for a £1000 bank this figure is £10. So £10 is the amount you should place on your first ever race.

Let's now say that in your first race you can bet on the first 4 horses, you divide your first bet of £10 by 4, which equals £2.50, so £2.50 is the stake money that you place on the first 4 selections in your first race.

I can just hear you say 'Hey, staking a mere £2.50 on a horse, this horse racing system is not going to make me rich!!'

Well, its not and is not meant to either, yet! You should look at this as a long term venture and protect your betting bank as best you can. Dividing your betting bank by 100 gives you 100 losing bets before you go bust and that just is not going to happen.

In the £2.50 example above if the favourite wins then you will win a level stake profit of £2.50 BUT if the favourite loses and an 8/1 shot wins, you will then pick up a nice £12.50 profit.

Then as the days go by your betting bank increases and then so does your initial stake money and soon instead of placing £2.50 on each horse you will find yourself placing £22.50 on each horse, I can see how you start enjoying this horse racing system now!

ABOUT THE AUTHOR: John Anthony is a recognized authority in the PRO gambling world. His worldwide famous Horse Racing System, the Sure2Profit Calculator PRO 1.8, has helped over 1,288 people making up to ?80,000 per year on Tax FREE profits.

Find out how to become one of them here:http://www.sure2profit.com/software.htm

It's no secret that it's possible to figure out which horse is going to win a race with reasonable statistical confidence.

The trick - and always has been - is making sure you can make a profit from it.

Computer Based Horse Race Handicapping And Wagering Systems Pdf File

If a horse has a 30% chance of winning a race, and you're being offered odds as if it only has a 10% chance (i.e. 9/1), you have identified 'value' or what Kelly Criterion would describe as 'edge'. You can mathematically in the long term make a profit, and Kelly can even tell you what %age of your bank to wager to optimise your expected returns: https://en.wikipedia.org/wiki/Kelly_criterion

Computer Based Horse Race Handicapping And Wagering Systems Pdf Free

Identifying the 'true' odds of an outcome and then identifying what odds you're prepared to take (adding an over-round), is a key piece to what bookmakers do when creating what they call 'the tissue' - the opening odds they offer that is then adjusted to manage liabilities in line with incoming weight of money (WoM) from bettors. https://mvhaj.over-blog.com/2021/02/dvd-capture-mac.html.

Kelly was a colleague of Claude Shannon. His papers have stood up to the rigour of mathematical analysis and also make intuitive sense to those who spend enough time thinking about it.

It has successfully been applied in casinos (Blackjack system pioneer Edward Thorpe is/was a fan), bookmakers, hedge funds (Thorpe again, but many other funds apply Kelly too), and everything in between.

But here's the rub: you won't get to keep your edge for very long. Bookmakers, betting exchanges and parimutuel systems all adapt to deal with long-term winners. Your window of opportunity is limited. Already bookmakers have good systems for identifying true odds for English Premier League games and make a tidy sum on over-rounds (profit margins) as thin as 3% because they can eliminate value.

That said, as any fan of Sabremetrics will tell you, statistical analysis of a sport you love can be very rewarding and I would not put anybody off this if they already love the horses (as I still do).

Just tread carefully, and to make a long-term killing you're going to have to treat your setup like a hedge fund and always be moving around finding new edges.

I'm @p7r on Twitter if anybody wants to talk about this - I could talk for hours and hours and hours. :-)