The Easy Way to Make Money Betting on Horse Races
Here is the easiest way to make money betting on horse races
. First, start with a really good horse. This is relative. For instance, in a $5,000 claiming race, a horse that could race competitively in a $25,000 claimer would be considered a really good horse. So what you are looking for is a situation with a horse that far out classes the competition. I'll explain two ways to find this situation.
First, the easiest and surest way to get this situation is to create it yourself. You need to buy a horse. It doesn't have to be a great horse. It does have to be sound enough to run some races. Let's say you buy a horse that just raced competitively in a $10,000 race. The owner is considering dropping the horse into an $8,000 race. He or she thinks that he may be able to win the race and get the purse, as well as cashing a ticket on his horse. On the other hand, that is risky. If you offer him $10,000 for the horse, he will probably sell it to you.
I know what you're thinking, why buy a horse that just lost a $10,000 horse race for $10,000? Why not just wait until it races for $8,000 and claim it? Because you don't want it to race for $8,000 just yet and when it does race for $8,000, you want it to lose badly. Now, after you've bought said horse, the next step is to enter it in another $10,000 race and lose badly.
Now enter it in an $8,000 claimer and lose badly. Of course, when I say lose badly I mean the jockey has to hold it back and make it lose by a huge margin. This will scare any would-be claimers away from your horse. Now it looks terrible and they start to suspect that it has a big time physical problem. Front wraps on the horse are often a nice touch at this point to drive that home. The next step is to lose again at the $8,000 level.
Now enter your horse in a $5,000 claimer. Lose badly. By this time you've spent a fortune on trainer fees and paying a jockey to hold the horse back. Now enter the horse in another $5,000 claimer. At this point it will probably also get a weight allowance from the racing secretary because it looks like the horse is over matched even in the $5,000 claimer.
Now give the rider the green light and go for the win. Do not bet early on your horse to tip the crowd. Steadily pour the money in and get as much as you can into the exotics as well so the money won't be too obvious. You will make a huge score. Your trainer will get called into the racing secretary's office to explain the dramatic turn around in form. Racing secretaries have to do this. Have the trainer tell the official that the horse had a problem like a blockage that affected its breathing and that once the problem was solved, the horse could run a big race.
Believe it or not, this very scenario happens all the time at the races and you, the bettor, are the one who is being scammed. So what is plan B? If you can't afford to buy a horse and run this little scam yourself, the next best thing is to spot the wise guys who are. Look for a horse that just keeps dropping and losing by big margins after doing fairly well in one race. If you can spot one good race four or five back and then the horse starts dropping down the claiming ladder, something is up.
If the horse really had a problem that was that bad, why would they keep running it knowing they were going to lose? The answer is that they wouldn't. The only reason that horse is running is to convince the betting public that it is a bad bet and can't win. It's a set up.
Like I said. Look for a horse that is dropping like this and also see if there was a change of ownership, either by sale or claim, around the time it had its one good race. That is the tip off.
That is how you make money betting on horse races.
The Easy Way to Make Money Betting on Horse Races
By: Bill Peterson
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