Horse Racing Handicapping by Personality Types for Longshots of Favorites by Bill Peterson

 

You can make money betting on horse races by wagering on favorites or longshots. Either way will work, but the choice should be determined, not only by monetary concerns, but also according to your unique personality. Do you like wild swings of luck and fortune or prefer a steadier, though slower, even flow? Keeping the right frame of mind and not going on tilt due to stress is critical for your continued success. One of the major dangers in the world of gambling is losing your mental focus and balance due to worry or stress.

Betting the chalk or lower priced runners will mean more hits, but also slower streams of income. On the other hand, going out on a limb for a long priced candidate will sometimes reward you with a big payoff, but they may be fewer and father between each hit. So what it really comes down to in horse racing handicapping is what do you want, and how do you want to live.

If you are just a recreational player then maybe going for the thrills and long prices is the way to go, but if you don't want to see huge ups and downs in your bankroll, perhaps sticking to odds in the lower range is better. On the other hand, many pros go for big hits and therefore bet long odds horses.

No matter whether you go for the big prices or lower odds, one thing is certain, if you don't play overlays, you won't make a profit. Simply put, an overlay is a horse that is underbet by the public. Your ability to rate an animal and determine its real chances of winning is critical for betting success. Horse races come in many styles and so do wagering opportunities. Learn what type of situation makes you happy and allows you to sleep at night and you will be closer to your goals at the race track and in life.

About the Author

Learn how an insider handicaps horse races by visiting Bill's website at http://williewins.homestead.com (Horse Racing Handicapping with Willie's). To see the systems Bill uses, go to http://williewins.homestead.com/handicappingstore2.html (Bill's Handicapping Store) Bill Peterson has been in horse racing for 50 years. "Horse Racing is in my blood."