http://www.drf.com/news/single-pool-wagering-opens-new-bet-types-many-find-it-too-complex The parimutuel system has undergone several changes in the 84 years since it was adopted at U.S. racetracks, allowing new bet types, accepting wagers from far-flung locations and in different currencies, and calculating prices when takeout rates have differed between jurisdictions. But the basic math has remained the same: Minus the takeout, winning bettors […]
Horse Handicapping: Whale Hunt Part 2: Wagering
In my last blog post I spoke about what it takes when horse handicapping to compete against the whales these days. I suggested that you work at improving your contender process, concentrating on getting as many winners at 7/2 and above as possible. If you missed that post, please CLICK HERE. Today I will speak […]
Horse Handicapping: Let’s Go Whale Hunting Part 1
If the value is dead, what is the alternative? How do we find a way to become profitable, if we cannot do it from a line making standpoint? Permit me to introduce Wee Willie Keeler, a baseball player from the early 20th century. His advice to hitters was “Keep your eye clear, and hit it […]
Horse Handicapping | Off-Center and the Losing Inner Game
Off-Center and the Losing Game Whenever one begins to discuss the “inner game,” most players just say, “Yeah, yeah. Let’s turn the page and move on to something that will make me a better selector.” What they fail to realize is that the way the inner game is handled affects the selection process, and, ultimately, […]
Dave Schwartz Discusses Bookies, Horse Races, Horse Handicapping, the Key to the Mint System and More!
Using The Horse Street Handicapper The Key to the Mint System I live in a gambling city abounding with casinos. There are a number of racebooks here. Some of the clubs are parimutuel and some are not. When you wager in a parimutuel club your money is co-mingled with the money wagered by all the […]