In my many years of being involved with and following horse racing, I have seen numerous betting systems come and go.
I have noticed that every so often, something touted as the next super system will appear, however most of these betting systems have a fatal flaw, a flaw that I will reveal in this article.
I am sure that we have all seen them before in newspapers and in magazines.
I still to this day receive them through the post every so often; the quintessential 'junk mail' if you will.
It has to be said that the advent of the internet has enabled them to flourish like never before, in vast numbers.
I am of course talking about the betting systems phenomena.
They cover every sport imaginable, however I am afraid that horse racing appears to be the prime target for these systems and today you will discover why they do not work.
Key Information That You Need To Know The principal issue that I have with the majority of the betting systems that are so aggressively marketed nowadays, is that they seem to rely purely on the law of averages, previous form or some new algorithm that has been developed (and sometimes all three!), to predict the outcome of a sporting contest.
In the case of horse racing, a betting system of this nature does not take into account such crucial racing factors as the jockey, the horse, the race course, the going on the day or indeed the rest of the field; all key aspects in determining which horse has the greater probability of winning a given race.
In many respects, the jockey can often be considered just as important as the horse, as an inferior horse ridden by a superior jockey will very often outperform a superior horse ridden by an inferior jockey.
Of course, anyone like me who is involved with the sport will know that there are a raft of quality jockeys on the circuit, so this makes the exercise far from easy.
Most Systems Fail To identify Key factors Generally speaking, horses are sometimes more comfortable running around a course which goes in an anti-clockwise direction (known as a left-handed course), rather than a right-handed course which goes in a clockwise direction, so this key nugget of information has to be included into the equation.
The going of the ground on the day of the race can also have a profound impact on the result of a race.
Many of these new sophisticated betting systems will not take into account the early morning downfall of 30 millimeters of rain at Cheltenham.
An occurrence such as this could have a critical affect on the horse that a punter may back, and it may be the difference between having a bet and looking elsewhere.
I also know for a fact that none of the software based betting systems on the market take value into account, often identifying favourites as the horses to back.
This is in my opinion a serious mistake, as although favourites tend to win on average one in three races, simply betting on favourites in each and every race, would you see you penniless in no time at all.
There Is No Substitute For Knowledge The one thing that software, statistics and trends cannot replace is having all the relevant information and knowledge to hand.
Of course, even then the experts can get it wrong, but relying on concrete information and taking consideration of some of the intangible aspects of racing (such as the going and the course) stands a punter in far better stead, than acting upon a software system's recommendations.
I have noticed that every so often, something touted as the next super system will appear, however most of these betting systems have a fatal flaw, a flaw that I will reveal in this article.
I am sure that we have all seen them before in newspapers and in magazines.
I still to this day receive them through the post every so often; the quintessential 'junk mail' if you will.
It has to be said that the advent of the internet has enabled them to flourish like never before, in vast numbers.
I am of course talking about the betting systems phenomena.
They cover every sport imaginable, however I am afraid that horse racing appears to be the prime target for these systems and today you will discover why they do not work.
Key Information That You Need To Know The principal issue that I have with the majority of the betting systems that are so aggressively marketed nowadays, is that they seem to rely purely on the law of averages, previous form or some new algorithm that has been developed (and sometimes all three!), to predict the outcome of a sporting contest.
In the case of horse racing, a betting system of this nature does not take into account such crucial racing factors as the jockey, the horse, the race course, the going on the day or indeed the rest of the field; all key aspects in determining which horse has the greater probability of winning a given race.
In many respects, the jockey can often be considered just as important as the horse, as an inferior horse ridden by a superior jockey will very often outperform a superior horse ridden by an inferior jockey.
Of course, anyone like me who is involved with the sport will know that there are a raft of quality jockeys on the circuit, so this makes the exercise far from easy.
Most Systems Fail To identify Key factors Generally speaking, horses are sometimes more comfortable running around a course which goes in an anti-clockwise direction (known as a left-handed course), rather than a right-handed course which goes in a clockwise direction, so this key nugget of information has to be included into the equation.
The going of the ground on the day of the race can also have a profound impact on the result of a race.
Many of these new sophisticated betting systems will not take into account the early morning downfall of 30 millimeters of rain at Cheltenham.
An occurrence such as this could have a critical affect on the horse that a punter may back, and it may be the difference between having a bet and looking elsewhere.
I also know for a fact that none of the software based betting systems on the market take value into account, often identifying favourites as the horses to back.
This is in my opinion a serious mistake, as although favourites tend to win on average one in three races, simply betting on favourites in each and every race, would you see you penniless in no time at all.
There Is No Substitute For Knowledge The one thing that software, statistics and trends cannot replace is having all the relevant information and knowledge to hand.
Of course, even then the experts can get it wrong, but relying on concrete information and taking consideration of some of the intangible aspects of racing (such as the going and the course) stands a punter in far better stead, than acting upon a software system's recommendations.
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