Horse Racing Online – An Alternative Income

Horse racing online was certainly not an option when I first started betting. I attended school in England for several years and the earliest recollection of placing money on a horse was at a point-to-point meeting when my friend’s father offered to take me along during spring break.

My approach to weighing up the field was based on the fact that the course appeared to be uphill and to my novice eyes, very demanding. Casting a glance on the runners I spotted a large dapple gray that appeared to have the size and power to face this daunting challenge and duly placed my on-course bet of two shillings (approx 20 cents) to win.

Despite my big beauty not being the fastest starter, his power prevailed and the elation of picking my first 8/1 winner will stay with me forever. Having become a “professional” punter at the age of thirteen I proceeded to donate my school dinner money to the local bookie for several weeks, until going without lunch due to severe (self induced) financial hardship I quit.

Several years later I chanced to watch a program on UK TV entitled ‘John Gough-Last Of The Big Punters’ (or something similar) and was absolutely amazed at the amount of work John put into his business. His study was full of formbooks and years of bloodline books.

What I thought was just a simple “knack” turned out to be a very intense system of study that he had dedicated years to perfecting. He became so feared by bookmakers he needed a dedicated (and well-paid) group of runners spreading his off-course bets while he spent thousands of pounds on course backing the wrong horse to win, in order to lengthen the odds on his real fancy.

With the advent of horse racing online and systems like Betfair much has changed over the years and although nothing beats the exhilaration of attending the live event, the opportunities to make money from the comfort of your own home have grown too.

Gradual Development of the Parimutuel Horse Betting System

The operation of the parimutuel system had again been improved. The application of electricity had speeded the operation beyond belief, and many observers believed that Oiler, Ekberg, and Julius had perfected the totalisator. But other names were yet to come.

In the United States the parimutuel was having a stormy existence in what seemed to be eternal clashes with its arch enemy the bookmaker. The first American bookmaker of any consequence was James E. Kelley. In 1871 he made a winter book on the forth-coming Belmont Stakes to be run at Jerome Park in New York. Two or three years later an unnamed English bookmaker started taking bets at New York race tracks, and it was soon apparent that he had found the pot of gold at the end of the rainbow. Many others soon joined the gold rush, and it wasn’t long before book-making operations became more important news than racing itself.

Even before the American Revolution, there had been betting on horse races in the Colonies. The land owners bred, traded, and raced horses. Both gentry and commoners bet with all comers on the outcome of a race. In fact, horse racing was our first public sport and continued to be first until displaced in the late nineties by baseball.

Among our leading citizens who were interested in horse breed-ing and racing were George Washington, Thomas Jefferson, and Andrew Jackson. In 1790 George Washington acted as judge at a race meeting at Alexandria, Virginia, in which his horse Magnolia ran and was defeated. Thomas Jefferson won a race that same day with his Roan Colt. In the spring of 1805 a match race between Andrew Jackson’s Truxton and Lazarus Cotton’s Greyhound was run at Hartsville, Tennessee. Truxton was the winner, and Andrew Jackson collected a side bet of five thousand dollars from Cotton. In those early days the race was all-important; the betting only incidental. When the bookmaker appeared, betting became more important than the races.

Horse Race Betting – 2 Year Old Races

The youngest a horse can race in the UK is as a 2 year old. All horses birthdays are considered to be 1st January so dependent upon the actual date a horse was born there can be a considerable age difference between 2 year olds. Those born early in the year will obviously be more advanced than the later born.

However, trainers will not allow their 2 year old horses to run until they consider them strong enough and ready to run. Early in the flat season these races races are restricted to 5 furlongs,(1100 yards) and as the season progresses this is increased to 6 and then 7 furlongs and finally up to 1 mile.

As a punting medium, betting on juvenile races is not recommended, especially early in the season. The problem is that most are having their first or second runs and you know very little about them. There are some trainers who are experts at producing juveniles ready to win at the first time of asking. Equally many trainers prefer to give their horses a gentle introduction to the race course. So they discourage the jockeys from giving the horse a hard first race.

Betting markets for 2 year old horse races tend to thrive on reputation and rumor. Any youngster coming from a top stable is regarded as a good bet and the hint that a horse looks “promising” is enough for it to start odds on. I have not tested it but it would not surprise me to discover if you had a lay bet every odds on 2 year old with Betfair you might show a profit.

In August the 2 year old handicaps start and this really can be a minefield for the punter. In his excellent little book “Form Book Analysis” M L Midgley suggested in 2 year old races look for a horse that starts as 2nd to 4th favorite but then creeps into favorite or near favorite spot. His think was that this would indicate either stable and or “inspired” money was being put on the horse. I think that this small book may now be out of print but if you can get hold of a copy it is well worth reading.

How to Be Lucky When Gambling in a Casino, Poker Game, Lottery Or Horse Racing Using Proven Methods

Luck is the most important part of gambling, as anyone who has spent any time in a casino, at the race track betting on horse racing, playing the lottery, poker, blackjack or any game of chance can tell you. Some people seem to be luckier than others and demonstrate the truth behind the old saying, “I’d rather be lucky than good.” How true that is. Good luck will get you through almost anything and no matter how deep you may appear to be in the soup, you may come out smelling like a rose if you have good fortune.

Of course, most people believe that it is impossible to change destiny or fortune so it is impossible to control your luck, but that may not actually be the case. Science has demonstrated that there are times when people win more and lose less. In his book, “The Conscious Universe,” Professor Dean Radin analyzed the results of four years of data from casinos. He was looking for a correlation between the phases of the moon, strength of the Earth’s geomagnetic fields, and casino payout percentages. During the full moon the Earth’s geomagnetic field is usually at its weakest. Professor Radin believes there may be some connection between the Earth’s magnetic fields, the moon, human psychic ability, and gambling.

One scientific study that Prof. Radin mentions in his book did demonstrate that people seem to be more psychic during the full moon, then their abilities seem to wane during the quarter moons and increase again during the new moon. This fluctuation in psychic ability seems to also follow luck because four years of casino data showed that payouts increased at the time of the full moon and decreased at other times for most casino games studied. Perhaps our intuition or psychic ability really does help us to win, whether it is picking the slot machine that is about to pay out, or knowing whether to hit a 13 at the blackjack table, or which horse will win the race. Poker players can certainly use intuition to their benefit.

The conclusion he reached was that if gamblers avoided the casinos during the quarter moons and gambled around the time of the full moon, they would decrease their losses or even win a profit. Of course, these are just generalizations and should not be considered an inducement to gamble, but they show promise for really understanding how to be lucky.

Lotteries showed a different trend. It appears that Pick 3 style lotteries pay out more during the times of the quarter moons and lower payouts during the full moon. Fluctuations in the magnetic fields of the earth, once again, seemed to have an effect. While the phase of the moon or strength of the earth’s fields will not guarantee you a winner, it may be a good idea to start making your winning and losing days on a calendar and watch where they fall according to the moon’s phases.

Other studies have shown that when people have a positive attitude and expect to win, they actually do win more often. That makes sense, doesn’t it? If you expect to win you may make choices that will have a positive effect. For instance, if you are in a casino and looking for a blackjack table and expect to lose, you won’t be too fussy about which table you sit at. But if you expect to win you may take more time selecting the table and finding one where the gamblers seem to be happier and smiling, meaning they are winning and the table is paying out better. You may not do it consciously, but you could do this and other things subconsciously just because you have a winning attitude and expect to win. We make a lot of choices when gambling whether we are at the race track betting on horse racing or choosing a place or game in a casino or even selecting lottery numbers.

So my advice to you is that you keep track of your winning and losing days and the phases of the moon. Also, keep a positive attitude. If you expect to win, perhaps it is a good day to take a chance, but if you expect to lose or just don’t feel lucky, maybe it would be better to save your money until you feel the earth’s fields, moon, or just plain old luck are working for you.