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02-02-2020, 10:49 AM
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#5791
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Registered User
Join Date: Jan 2019
Posts: 10
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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?
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02-02-2020, 11:32 AM
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#5792
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Registered User
Join Date: Aug 2007
Location: Benton, La.
Posts: 1,841
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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.
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02-02-2020, 03:59 PM
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#5793
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Registered User
Join Date: Jan 2019
Posts: 10
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Quote:
Originally Posted by green80
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.
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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?
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02-02-2020, 04:11 PM
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#5794
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Registered User
Join Date: Aug 2007
Location: Benton, La.
Posts: 1,841
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Even for the best it's not consistent, just in the plus column at the end of the month or year
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02-02-2020, 06:24 PM
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#5795
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Registered User
Join Date: Jan 2019
Posts: 10
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Month to month would be in the definition of consistent money to me.
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02-02-2020, 08:05 PM
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#5796
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Registered User
Join Date: Jan 2006
Posts: 28,569
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Quote:
Originally Posted by Beagle
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?
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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
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02-02-2020, 09:13 PM
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#5797
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Registered User
Join Date: Dec 2019
Posts: 5
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Quote:
Originally Posted by thaskalos
Are you asking the question: "How do you beat the horses?"
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Thank you Captain Obviaskalos
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02-02-2020, 10:25 PM
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#5798
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Registered User
Join Date: Jan 2006
Posts: 28,569
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Quote:
Originally Posted by TBrady
Thank you Captain Obviaskalos
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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
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02-02-2020, 11:54 PM
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#5799
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Registered User
Join Date: Apr 2014
Location: Flint Hills
Posts: 474
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Quote:
Originally Posted by thaskalos
Only two posts on the board...and you already want to know our secrets.
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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
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02-03-2020, 05:37 AM
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#5800
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Registered User
Join Date: Jan 2019
Posts: 10
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Quote:
Originally Posted by thaskalos
Are you asking the question: "How do you beat the horses?"
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Yes.
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02-03-2020, 08:48 AM
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#5801
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Registered User
Join Date: Jul 2009
Location: NJ
Posts: 3,822
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Quote:
Originally Posted by Appy
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...
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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.
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02-03-2020, 10:52 AM
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#5802
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Registered User
Join Date: Feb 2017
Posts: 590
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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
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02-03-2020, 12:08 PM
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#5803
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Registered User
Join Date: Aug 2007
Location: Benton, La.
Posts: 1,841
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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.
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02-03-2020, 12:44 PM
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#5804
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Registered User
Join Date: Jan 2017
Posts: 742
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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.
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02-04-2020, 03:14 AM
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#5805
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Authorized Advertiser
Join Date: Dec 2014
Location: Oakland, Ca
Posts: 7,953
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PARX SPOT PLAYS 2/5
4TH - DON'T TOUCH MY STUFF 9-2 Sprinter stretching out
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9th - PRIVATE PARTY 9-2 Knows how to win
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