Lock Module
Horse Racing Tips for Using Modules to Track and Improve Your Handicapping Success
If you are handicapping horse races and trying to make money betting on horse races by picking winners, then you know it is difficult to keep track of all the information. Some of the most important facts you have to deal with are the figures for your own betting success. We become so focused on handicapping the races and making our bets, we sometimes forget to keep good accurate notes about our bets so we can track our progress and make necessary adjustments.
The main thing you must know about becoming a successful handicapper and making money betting on horses is that it is a dynamic process that constantly changes and knowing how your wagers are working is absolutely important. Without feedback, you won't know if you are winning or losing and also miss important opportunities to fine tune your process.
But where do you start and where do you end and how will this affect your attitude and mind? Because I like to keep it manageable and also not get locked into a time period that is too long, I limit my runs of bets that I rate and use as a gauge, to 80 bets. I am currently almost at the end of one that started on October 5th, 2009 and it is November 20th, 2009. That may seem like a long period of time to some people, but because I use an online service for wagering (if you take this route, make sure it is legal in your local area) I have a record of every bet.
The service I use also calculates ROI and win rate as a percentage. I am currently at 77 bets with an ROI of 20% and a win rate of 22%. I will end this module and start another after my next three bets. At that time I will sit down and review the bets I made and read my notes as to why I made them. I will look for a pattern and see if I can find anything that will help me to improve.
Overall I am happy with the results. That is a high ROI for me, but no matter how pleased I am with it, I will still look for a way to improve it. One of the reasons I suggest you use modules like this is because when things are going poorly, you are not locked into the idea that there is no end in sight. If you have a bad run, at least you know you will be starting a fresh one and also taking the time to look over the last one.
I think that the mental strain of handicapping and always being under pressure to beat the other bettors is one of the toughest parts of handicapping horse races for profit. I have been at this for many years and this pattern has worked for me. You may want to use modules based on time or perhaps a meet, but whatever you do and however you break it down, learn to think in manageable terms and you will be able to improve your performance without burning out.
About the Author
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 http://williewins.homestead.com/truecb.html and get the truth.
Bill Peterson is a former race horse owner and professional handicapper. He comes from a horserace handicapping family and as he puts it, "Horse Racing is in my blood." To see all Bill's horse racing material go to http://williewins.homestead.com/handicappingstore.html , Bill's handicapping store.
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