Thread: Picking Losers
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Old 04-09-2019, 11:43 PM   #8
Bill V.
The egg man
 
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Join Date: Jul 2008
Location: Carlsbad, California
Posts: 10,005
Scared

This is a letter I received on Sunday


Hope everything is ok with you.


"Todays 3rd at Parx I was using XXXX it came up with a horse rated first . There was a horse that looked to be the only speed which it was going off at 3-2. So got nervous and only bet 2 dollars the
horse won at 12-1."

I thought about this letter for a while. My reply is to revisit this thread.
I feel that the issue the writer is having is tied into "betting for value"
and the value of betting 2 horses to win,

The heart and soul of the methodology is betting 2 horses to win
and betting with a positive expectation of winning.
The bread and butter record-keeping method is recording your own 20 race cycles

My advice and my own system

1 Bet 2 horses
2 Bet a low odds horse ,Bet a longer price horse
3 If the low odds horse wins take that share and move on
If the longer horse wins, collect a good profit
4 Set a goal to just do better than you did your previous 20 race cycle.
Even if it is only $1.00. Just make your goal to improve your own ability
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