The golden rules of horse racing handicapping - rule number one
The Golden Rules of Horse Racing Handicapping - Rule Number One
By Bill Peterson
Rules are meant to be broken and one person's rules may not mean much to you. But after years of handicapping and being around horseracing, I have come up with some basic rules that have made a big difference in my ability to show a profit at the track, albeit a slim one at times. There are no get rich quick schemes in these rules, just some basic things that have stood the test of time.
I have chosen this one as Rule One, though truth be told there are several that are probably just as important, but you have to start somewhere and this is a good place, so here goes...
Rule One is "Know Your Track." How and why follows.
Each track has its own peculiarities that can make you or break you. Sometimes the difference between a profit and a loss is one winner and sometimes the difference between that one extra winner or a loser is knowing something that a lot of people who don't know the track haven't figured out. It can also be knowing the track's trainers.
Statistics don't tell the whole story for most trainers because they move from track to track in a circuit or even from state to state or even between countries. So you have to know the specifics about how that trainer does at that track, which when you think of it is as much about the track as the trainer. So know the track. Know the bias after a lot of rain. Does it favor early speed after a heavy rain? Does the rain drain toward the rail? Does it freeze and get hard at a certain temperature? Does it change with the seasons? Have they just added a new surface or regroomed it? Any of these can mean that one extra winner and a profit or a loss.
The problem most people have in learning these things is how to compare them and keep good notes without going nuts. It is hard, but not impossible. An easy visual system like Ladder Handicapping can help. It takes a little time and more effort, but just think of the edge you'll have over the competition.
There are certain things I wait for every year that are little money makers for me year after year. One of them is the switch from Belmont to Aqueduct. When they switch to the Big A I start paying more attention to early speed and every year I am rewarded with some beautiful payoffs because horses that seemed to quit after flashing early speed at Belmont, cruise around Aqueduct and keep it going down the stretch. I will guarantee there are many people who play the NY circuit who are amazed by this phenomenon every year like they have never seen it before, why, because they weren't paying attention and have no good way of keeping track of just how important it is. So for my money, "Know Your Track" is a good Rule One in your arsenal of golden rules of horseracing handicapping.
The most consistent horse racing systems have to have the basics and a handicapper must understand the basics. I have been around horse racing for 50 years including as an owner. Without the basics the rest is not going to do any good. If you want to learn how a horse owner and insider handicaps just go to True handicapping and get the truth.
Bill Peterson is a former horse race owner and professional handicapper. He comes from a horse race handicapping family and as he puts it, "Horse Racing is in my blood." To see all Bill's horse racing material go to Bill's handicapping store
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