A Horse Betting System Where You Bet The Second Favorite Articles | Horse Betting

By: Richard Bleuze

A Horse Betting System Where You Bet The Second Favorite

Generally, most horse bettors lose money.  However, I will try to outline a simple way to help you to improve your chances.  However, there are no guarantees and this should just be considered for entertainment.

This system should help you come out a few bucks while having some fun picking some winners without a lot of reading and book work.  Finally, if you like action this is a good way to bet in a lot of horse races.

In order to make a profit at the race track, you must beat the crowd and consequently, the favorite of the crowd, since that is where most of the money is wagered.  As a rule, favorites win about 30-35% of the time.  Keeping this in mind, you thus know that in about two out of three races the favorite loses.

Thus, it might help you to know the odds of one of the other horses winning. The second favorite, or place horse, (the horse with the second lowest odds) usually wins about 20% of the time.  The third favorite, or show horse, (the horse with the third lowest odds) a little less and so forth.  Thus, if you just randomly bet on the horse with the second lowest odds in every race,  you will win about 20% of the time.  However, between the track’s takeout and breakage, you will wind up losing in the end.

A lot of horse bettors know that the favorite wins about a third of the time. However, did you know that the odds on the favorite determine just how likely it is to win?  Not all favorites have an equal chance of winning.  In general, you will find that the lower the odds, the more likely a horse is to win.  Thus, a favorite at low odds of say, 3-5 is much more likely to win than a favorite at 5-2.  Therefore, your goal using this horse betting sysytem is to beat the favorite that is less likely to win.

Let us say for example that there is a horse race with a favorite at 5-2, and the second favorite is at 7-2 and the third favorite is at 7-2 and the fourth favorite is at 9-2.  The favorite in the horse race has less than a third of a chance of winning so one of those other horses is likely to win.  Remember, the favorite only wins between 30-35% of the race!  A horse going off at 7-2 will pay $9 for every two dollars bet on that horse.  A horse at 9-2 will pay $11 for every two dollars bet.  You could make a $2 bet on each of those three horses and bet against the favorite, who only wins 30-35% of the time anyway, and have an excellent chance of winning.  If one of the horses at 7-2 wins you will receive $9.  You will have spent $6 to back the three horses and show a profit (5-2 odds only gets you $7).  In addition, you bet against a horse that has less than a 30% chance of winning!

You might have lost the horse race altogether if another horse you have not bet on won the race.  However, you have covered the most likely winners with your bet.  The key to this horse betting system is to have more ways to win than to lose and betting on three horses with odds almost as good as the one horse you are betting against certainly tips the scales in your favor.

In addition to the above horse betting system, I suggest that you find  horse races with a short field of six or seven horses or less where the favorite is going off at over 2-1 odds.  Once you have found the correct horse race with the odds that you are looking for, wait until it is almost post time and bet on the next two or three horses at the shortest odds to the favorite.

This system does not make you rich, however, if you like a lot of action and do not want to spend hours handicapping, this method will have you cashing tickets all day.

If you enjoyed this post, make sure you subscribe to my RSS feed!