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Why are Winning Horse Racing Systems so much hard work?

By: Christopher Temple

There are two types of punter out there, (apart from the crazies who are blind to all logic and reasoning, and merely bet on a horse because it's a colour they like or because it shares its name with someone from the office).

The thoughtful punter, as I choose to call him, always uses a racing strategy or system. It may be a system he created alone, it may be a system he borrowed from a friend or he may even have bought it somewhere, or it may be a system that he has evolved from someone else's and which he now regards as his own unique creation.

Well, however they are created, a really good winning horse racing system usually break down into one of two types:- statistics-based or form-based.

The stats-based betting systems advance because of the availability of vast amounts of historical racing data from other earlier races, and in these days of extremely powerful computers and enormous memory banks, the available database is expanding at a colossal rate. Professional statisticians, and keen amateurs like myself, study these figures minutely, forever trying to distinguish new patterns, and to shape the results into a new and even better winning horse racing system

Sometimes the statisticians lose the plot completely, like the man who loudly and proudly announced, after many hours of costly computer time, that favourites only win about 1 in three races.

Gosh! I didn't know that!

But still, I think the research is valid and worthwhile, and useful data does often emerge, and real winning horse racing systems are born as a result.

The form punters also have a valid point of view. They believe that endless study of every little characteristic of every horse, on every course, in every weather condition, and with every available rider, and so ion.. Yes, the list expands go on ad infinitum and the betting globe will need even more computers to judge all these variables and to arrive at a conclusion. Before the horse retires to stud anyway.

No, good systems (and there are many really good systems out there) contain elements of both camps, They also contain an ingredient that many fanatical gamblers cannot operate with - prudence. The very best racing systems give their users an edge, a statistical prospect that they will always win more often than they will lose, and that if the punter just keeps steadily working away, winning little but often, they will in the end build a large and growing bank.

For the hopeless gambler this is just not acceptable. He seeks the big win, that 50-1 winner which is forever just around the corner. And should he lose a hundred times to accomplish it, and his 50-1 winnings don't even come near to covering his losses - well, that's gambling! He must have another bet, and he'll never change.

The systems I develop and expand, are for the punters with a business brain - the traders. Many of them, like me, never visit horse races, nor even watch them on the tv. It's just a business, and for a few it can be a very profitable business indeed.

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There are two types of punter out there, (apart from the crazies who are blind to all logic and reasoning, and merely bet on a horse because it's a colour they like or because it shares its name with someone from the office).

Chris Temple has a successful forex career. He has written several titles about Forex, winning horse racing systems and on finding the best winning horse racing betting systems
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