Horse Racing: How To Find The Missing Link In Racing

Finding the missing link in racing and making millions or how to find it in racing is what every single player that handicap is searching for. Is there a missing link that no one knows? For all practical purposes all information on horse racing is known. All of it is simply not known by one person. That information is scattered in every direction through out the mass media. The player might think that no one knows it all but you don’t have to know it all. Only specific things. You don’t have to know what the trainer eats for lunch.

It would be sensible to know what the jockey ate for lunch because what you eat affects behavior. So the point becomes: what is it that the player must know? (1) That horse racing is made of two major divisions: profitcapping and handicapping. (2) That there’s in fact enough money left over in the payouts to make a profit over the long-term. (3) There’s a way to make a profit from racing or a way to do it but you must learn advanced profitcapping and advanced handicapping and work with it. Once again: there’s – no – missing link in racing.

Only a limit in your knowledge of the game. The information is there. But you have to get to know it. To make money in racing the player must first know how money flows in the game which is by field size, that money can be made, how much can be made and how it is to be made. (1) Each field size has a different amount of money in it (that’s profitcapping). (2) Each field size has a different handicap method(s) or system(s) that’s best to predict and select the horse(s) with (that’s handicapping).

Those two things alone tells the player an immense deal. If only you knew. The way to do racing is to go into detail on how to do the money side of the game (profitcapping) which includes some of these: correct profitcapping ticket formatting form, correct ticket pricing, finding potential profit which can be in the 100’s of thousands of dollars to millions of dollars, knowing ticket probability, grasping pass or play (both profitcapping and handicapping forms), money management, learning how to create a line-up, how to rank horses correctly, how to compare rankings, handicap ticket formatting form, finding elimination methods, creating handicap odds and much more. These are the things every player needs to know.

This is to advance themselves in the game. The only limitations is your knowledge in the game. To advance in the game you must have right knowledge. This is partially how to understand the missing link in racing.

What Are Paper Bets and How Can They Improve Horse Racing Handicapping Betting?

Betting on horses is a skill and therefore requires practice, lot of practice. Handicapping horse races is sometimes called an intellectual sport, like chess. I couldn’t agree more. You might also compare it to golf, in that it is very frustrating and can ruin a perfectly beautiful day outdoors, okay that was tongue in cheek, however, I think you understand what I mean. Handicapping horse races requires practice in order to develop the skill necessary to make a profit from your wagers.

But how do you practice making bets on horses? Paper bets are on method of handicapping and then deciding what your bets would be and making the bets by writing them down on paper. While actually making bets with real money can be thrilling, it can also be expensive. Think you’ve got the horse racing game beaten? Ready to go to the track and clean up? How about testing your theory on paper first?

If you think you are a good handicapper and bettor, try handicapping the races and making 50 paper bets first. Be honest with yourself and write them down and do not change them, once they are on paper. Consider it the same as if you actually handed your money to a teller and you are unable to change the bet.

To put a little more pressure on yourself, and to make it more realistic by being stressful, which real gambling is, by the way, make a commitment that you will not make a real bet until you can show on paper that you made 50 bets and they showed a clear cut profit, no ifs, ands or buts about it. With the possibility of not being able to go to the track or make any bets until your paper bets show a profit, you will quickly learn to weed out those “iffy,” bets and start betting like a true professional.

With that said, however, let me caution you about something else. In horse racing handicapping, as in life, things seldom work out in real life as they do on paper. Therefore, just because your paper bets seem to make a profit, don’t mortgage the house and put it all on your latest system. Slow steady and moderate is the way to make money by using any horse racing system or ability that you may have. When you are betting with real money you will find that you think differently and bet differently.

The whole idea of making the commitment that you wouldn’t go to the track and bet real money unless your bets paid off on paper was to put some real pressure on yourself. There will be real pressure on you when you bet with real money, so getting used to that pressure and seeing how it will affect your betting is very important. The most important lesson to be learned from paper bets, is not only whether your handicapping skills are good, but whether you can take some pressure and still make money betting on horses and the only way to do that is to have something to lose if your paper bets fail to show a profit.

if you don’t want to make the commitment about going to the track, make the commitment about something else that you really enjoy in life and don’t want to give up. Tell yourself that you will give it up until your paper bets make money and then stick to it. Like I said, you will soon learn just how tough it is to make money betting on horses and how you handle that kind of pressure.

Horse Racing: How To Grasp Profitcapping And Return On Investment

How to grasp Profitcapping and return on investment or ROI is the main reason for horse racing and not simply racing for the sake of racing. Players are there to make money or to profit. People handicap horses so they can pick the horse they believe is going to come across the wire and make them more money than they put in. Racing’s about investing and not gambling. All gambling is investing but not all investing is gambling. You can predict a thing by yourself but it takes two or more persons to bet. When you wager anything on a bet whether it’s a car, house, money, jewelry, etc. you’re gambling.

The difference between gambling and business investing is: when you have a 51%-100% chance of losing the endeavor you’re gambling and when you have a 49% or less chance of losing the endeavor you’re business investing. Every time you invest (gamble or business invest) you need to know you’re chances of profiting or losing money in detail. Taking a business perspective of racing is the most sensible option because racing has to seen for what it is: a business. Players don’t go into detail enough to study racing as a business overall.

Players consider handicapping the main way to think about making money. But it’s a matter of understanding ROI over months and years ahead. Knowing how much can be made on a long-term basis. As an example: lets say you take a simple random statistical sampling of 2100 trifecta payouts for one year. This amount turns out to be $220,000 after all payouts are added. A ticket for each race sampled is bought and the sum invested is $100,000. You lose 1000 races and win 1100 races. When the year is over you add up all of the money you got back after the investment and it turns out to be $120,000.

You made a $20,000 profit. But $220,000 minus $120,000 = $100,000 and this is the payout money you didn’t get. And if at the years’ end you get back $85,000 then your loss is $15,000. Or $100,000 minus $85,000 = $15,000. In other words it’s what you’ve invested plus or minus what you got back. If you put in $100,000 and get back $100,000 then you broke-even. This is how to grasp profitcapping and return on investment or ROI and what it’s all about. This isn’t all there is to Profitcapping. Indeed there’s much more to say the least.

This way you can see years ahead in the game. Profit or ROI in racing is simple. You endeavor to get back more than you put in for a specific time period. Be it a week, month, year or several years. Simple statistics lets you do this and know this in a highly specific way of how much money is there and how much must be spent buying tickets over that specific time period to make a profit or Profit – capping. Capping means the process of predicting a thing. What are you going to predict? the horses and the money. This is part of how to grasp profitcapping and return on investment.

Poker Software and Using the PFR% Indicator

When you first start using poker software you may find like many others have, that all of the information being presented for you can be a little overwhelming and entirely confusing. So it’s best to approach it one indicator at a time. PFR, or preflop raising percentage is one of those indicators that is very significant because it can instantly show you how aggressive your online poker opponents are.

So pre flop raise is rather much straightforward, at least on the surface. This statistic is very representative of a player’s overall aggressiveness, but it is not the complete story, so lets have a closer look. PFR percentage is how many times a player raises before the flop, divided by how many hands dealt to that player. The higher this number is the more unpredictable your opponent will be.

Now if we go back to the Schoonmaker profile grid the VP$IP is represented on the tight and loose scale because it’s easy to measure this statistic of how many hands a player plays. But when you’re talking about raising – and in this case preflop raising, it effects the passive aggressive scale because this explains how the player entered the pot. For instance, if he doesn’t preflop raise a lot, he would be more on the passive side. If he preflop raises more than he would be tending toward the aggressive side. Now if you combine these two scales, that will start to build an approximate profile gauge of your opponent.

Now this is not the entire story of how aggressive a player can be because preflop raising is just that – it’s only action BEFORE the flop we are discussing here. How he gets into a hand, whether raising or calling goes directly to this poker software indicator.

So what does the stat represent anyway? Well a player with a PFR% of around 9% or 10% is probably rather tight-aggressive, even typical player. If you see an opponent with something like 16% or higher then that would be quite an aggressive character. Think about the hands you get dealt when looking at this number. Do you get good enough cards to raise with 1 of 5 hands? Keep in mind that everything depends on the situation, so the more stats you have collected, the more representative the PFR will be, just like any other stats.

We now know two of the factors that regular cash game players will look at immediately when deciding to play a hand or make a play against an opponent. In fact, you may often read in blog posts or in poker training videos that an opponent is for example 32 -19… At 32 -19 a player would be VPIPing 32 percent and pre-flop raising 19 percent of his hands. You could expect a wide range of hands from this player, many of them being moderate, even weak hole cards played aggressively. Conversely, a 12/6 player who only comes into the pot 12 percent of the time, and only raises 6 percent would be very selective in their hands, and then likely ahead of most of your hole cards.

Imagine just for a moment, playing without this information. No history, no profile, no picture clues. Well how do you play your AJ against either one of them now? Not so clear as to how to what strategy to use now is it? That’s why good players use poker software. A lot of skilled players will only look at those two factors in a preliminary sense, and then when the hand gets more involved will use their poker software to look deeper into that player’s entire profile.

If you just start with these two indicators, VP$IP and PFR% then you can add more as you go along. In fact these two are really all you need at the table, and when you get involved in a hand you can open up more stats in your poker software to look a little deeper into the complete profile of the opponent.