Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board > Thoroughbred Horse Racing Discussion > General Handicapping Discussion


Closed Thread
 
Thread Tools Rating: Thread Rating: 30 votes, 3.80 average.
Old 02-02-2020, 10:49 AM   #5791
Beagle
Registered User
 
Join Date: Jan 2019
Posts: 10
Hey Greg. I’ve really enjoyed this thread over the years.

If you wanted to make consistent money how would you go about it? It does not have to be big money, and I’m aware that a win rate of like 20% would involve some long losing run outs but, if it can/could be done, how would/could you do it?
Beagle is offline  
Old 02-02-2020, 11:32 AM   #5792
green80
Registered User
 
Join Date: Aug 2007
Location: Benton, La.
Posts: 1,841
I would say that less than 1% of all horseplayers can do it. Then if you could, you would be limited as to the amount you can bet. At any track, if you make a large enough bet, it can destroy any edge you may have.
green80 is offline  
Old 02-02-2020, 03:59 PM   #5793
Beagle
Registered User
 
Join Date: Jan 2019
Posts: 10
Quote:
Originally Posted by green80 View Post
I would say that less than 1% of all horseplayers can do it. Then if you could, you would be limited as to the amount you can bet. At any track, if you make a large enough bet, it can destroy any edge you may have.
I do not disagree with your statement and I’ve heard that 1% figure quoted before. I know it’s difficult. But....

If you wanted to make consistent money, how would you go about ie?
Beagle is offline  
Old 02-02-2020, 04:11 PM   #5794
green80
Registered User
 
Join Date: Aug 2007
Location: Benton, La.
Posts: 1,841
Even for the best it's not consistent, just in the plus column at the end of the month or year
green80 is offline  
Old 02-02-2020, 06:24 PM   #5795
Beagle
Registered User
 
Join Date: Jan 2019
Posts: 10
Month to month would be in the definition of consistent money to me.
Beagle is offline  
Old 02-02-2020, 08:05 PM   #5796
thaskalos
Registered User
 
Join Date: Jan 2006
Posts: 28,569
Quote:
Originally Posted by Beagle View Post
I do not disagree with your statement and I’ve heard that 1% figure quoted before. I know it’s difficult. But....

If you wanted to make consistent money, how would you go about ie?
Are you asking the question: "How do you beat the horses?"
__________________
"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
thaskalos is offline  
Old 02-02-2020, 09:13 PM   #5797
TBrady
Registered User
 
Join Date: Dec 2019
Posts: 5
Quote:
Originally Posted by thaskalos View Post
Are you asking the question: "How do you beat the horses?"
Thank you Captain Obviaskalos
TBrady is offline  
Old 02-02-2020, 10:25 PM   #5798
thaskalos
Registered User
 
Join Date: Jan 2006
Posts: 28,569
Quote:
Originally Posted by TBrady View Post
Thank you Captain Obviaskalos
Only two posts on the board...and you already want to know our secrets.
__________________
"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
thaskalos is offline  
Old 02-02-2020, 11:54 PM   #5799
Appy
Registered User
 
Appy's Avatar
 
Join Date: Apr 2014
Location: Flint Hills
Posts: 474
Quote:
Originally Posted by thaskalos View Post
Only two posts on the board...and you already want to know our secrets.

Secrets? You have secrets?
1) Tell me what they are and I'll let you know if they're really secrets.
2) I ain't telling mine, but
3) That 1% theory is a bucket of horsesh!t. Develop self discipline to use acquired skill to choose which races to play. Those races will pay a lot more than 1% or they are not playable. IF you can do that you'll have a chance join the rest of the 1% who can.
Ssssh...
__________________
"Better to do little well than more poorly." Appy
Appy is offline  
Old 02-03-2020, 05:37 AM   #5800
Beagle
Registered User
 
Join Date: Jan 2019
Posts: 10
Quote:
Originally Posted by thaskalos View Post
Are you asking the question: "How do you beat the horses?"
Yes.
Beagle is offline  
Old 02-03-2020, 08:48 AM   #5801
castaway01
Registered User
 
Join Date: Jul 2009
Location: NJ
Posts: 3,822
Quote:
Originally Posted by Appy View Post

Secrets? You have secrets?
1) Tell me what they are and I'll let you know if they're really secrets.
2) I ain't telling mine, but
3) That 1% theory is a bucket of horsesh!t. Develop self discipline to use acquired skill to choose which races to play. Those races will pay a lot more than 1% or they are not playable. IF you can do that you'll have a chance join the rest of the 1% who can.
Ssssh...
In #3 what you wrote is pretty unintelligible, but you seem confused. The "theory" is not that you make 1% profit, it's that considering the high takeout and that we're competing against each other, not more than 1% of horseplayers can win over the long term. It might be 2% or 3%, and if you factor in rebates even a bit higher, but mathematically it can't be any higher than that. The tracks keep too much of the money and the people who bet the most are too good.
castaway01 is offline  
Old 02-03-2020, 10:52 AM   #5802
sharkey11
Registered User
 
Join Date: Feb 2017
Posts: 590
beagle this place is not where you ll get much help with your question. now i could not say wether there are any bonified pros in here. but i do know that if there are they are not going to help you to with your question after all would you tell some one how to take your money away from you! only help i can give you is if your near a track go there an keep your eyes open after a time you will know who the players are that make part or all of there money betting and you will know who the touts are too.as far as making money rember its not who you bet but its how you bet. well good luck with your search an good luck betting
sharkey11 is offline  
Old 02-03-2020, 12:08 PM   #5803
green80
Registered User
 
Join Date: Aug 2007
Location: Benton, La.
Posts: 1,841
Beagle, I think what they are trying to tell you is that any successful horseplayer is not going to let anyone in on their secrets. In a paramutual game if you were to make any significant bet on their same horse it would reduce their payout and reduce or erase any edge that the "pro" may have. After all, at the races we are all betting against each other.
green80 is offline  
Old 02-03-2020, 12:44 PM   #5804
lefty359
Registered User
 
Join Date: Jan 2017
Posts: 742
Pick good contenders and use good money mgt. It's as simple and as hard as that. It akes plenty of research on a players part.
Obvious I know, but if Beagle is a new player then maybe no so obvious to him.
lefty359 is offline  
Old 02-04-2020, 03:14 AM   #5805
NorCalGreg
Authorized Advertiser
 
NorCalGreg's Avatar
 
Join Date: Dec 2014
Location: Oakland, Ca
Posts: 7,953
PARX SPOT PLAYS 2/5

4TH - DON'T TOUCH MY STUFF 9-2 Sprinter stretching out

8TH - SWEET TURN 10-1 2-5 ML favorite DIXIE shows some red flags...might be a good spot for this one

9th - PRIVATE PARTY 9-2 Knows how to win
NorCalGreg is offline  
Closed Thread





Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

» Advertisement
» Current Polls
Wh deserves to be the favorite? (last 4 figures)
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 07:54 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.