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Betting on Horse Racing: an Exciting Pastime
I’ve been handicapping horse races, thoroughbreds and trotters, since the early 1970s when I started going to the racetrack with my grandfather Morris. He loved the racetrack, especially wagering horses at the harness track just a few miles west of our home at the end of 8 Mile Road. There’s something really exciting about betting money, and then watching the horse you picked, race around a track with other horses, and then win by a nose, or lose by a mile. It’s also a great way to have a fun evening, with dinner at the clubhouse, and betting few dollars on horse racing with a chance to make some money, maybe enough to pay for dinner. You should have seen that big smile on my grandfather's face when he won. I'll never forget that. He just loved to gamble. We’d win a few races (not enough to pay for dinner), and lose a few more, but it was exciting. I remember he would sometimes ask a friend at the track for racing tips, and then he'd head to the wagering window to place his bet. It must be something in my genes because I was there with my grandfather at least one evening every week when the track was open betting on the horses.
It only takes 8 minutes per race (about 1 minute per horse) to enter 13 most important items from the racing form including POST POSITION, SPEED RATINGS and VARIANT, ODDS, 1/2 or 3/4 POSITIONS, STRETCH POSITIONS and FINISH POSITIONS. A time adjustment factor corrects for different race lengths. Enter data for one horse at a time. Calculates a rating in seconds. Documentation included. Works in any PC running Windows Vista, 95, 98, 2000, Me, XP and Windows 7/8. Windows Advanced Thoroughbred System #WINA210 - now just $29.95. ORDER NOW! VIEW CART/CHECKOUT
Sale Ends February 19, 2014
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Advanced Thoroughbred, Advanced Harness, Advanced Greyhound Systems just $29.95 each
What If I Could Apply Some Math?
At the time, I was in my senior year in electrical engineering at Wayne State University, Detroit, and had completed the required math, probability and statistics. It finally dawned on me. Could I apply some of the math required for my degree into a handicapping system to analyze the horses? Now that was a good idea! With my probability and statistics textbooks in hand, I spent a whole weekend with a few racing forms and results trying to see why the winners were winners, and the losers lost.
The Important Winning Indicators
Of course, one of the most important factors in predicting a winning horse is if they won a race recently. So we'd want to analyse the finish positions, and maybe look at the stretch to check their potential. Next could be post position, and then the speed rating number, which is listed for each horse on the racing form. Class could also be a factor as well as the morning line odds and race length. Then I came up with some simple formulas based on my analysis of the data, which I made into a point rating system. The higher the number the better the horse had a chance to win, place or show. Next I made up a flow chart for the design so I had the steps to transfer the calculations to a computer program later. By Monday, I had a simple system charted and outlined using pencil, paper and a pocket calculator to analyze the data, which turned out to be the basis for all my horse racing systems, past and present.
Simple Seemed to Work
The word I like is “simple” because I don’t like complicated math, and it seemed that I could make up a handicapping system using some simple math formulas using the past performance data listed in the racing form. By the following week, I tested my handicapping system on several old racing forms with some great results. I was picking winners!
But Simple Wasn’t Fast
Simple wasn’t fast, because it took about 15 minutes a horse to calculate the results. That’s because I had to take several formulas from different criteria to analyze. For each formula I had to enter the numbers into a calculator, divide, add, subtract, multiply, etc., then write down the results and go on to the next formula and do more of the same. When I was done, I had to add the results from each formula to make up the final rating. Then I had to repeat the whole process for each horse in a race. It was definitely time consuming, and took forever. At this point, I knew I was ready to get my personal computer involved.
Enter the Personal Computer
Once I tested my simple system, and was satisfied it was picking some winners, I was ready to transfer my step-by-step calculations and formulas into a computer program. I had learned the Basic language earlier in the year, so I had some experience programming. Since I had the detailed flow chart of my step-by-step system, I was ready build the software using those algorithms. After a few days more, I had a Basic program that would run in any one of my personal computers (I had one of the first Apple computers every made--and still have it). At that time, they all had a built-in Basic programming language, so I could get it done. I also had one of the first battery operated portable computers, the TRS-80 Model 100, that I could easily take to the track, and I did! In 1995 I published the book "Thoroughbred Handicapping the Computer Way" that covers designing a handicapping system in a step-by-step format usingthe Basic language. It also included my original calculator system and a spreadsheet handicapping system. And I still have a few copies available for $19.95 with free shipping--see below.
Fast forward to 2013 and you’ll see I have several handicapping systems developed over the years. The new systems are still simple, using what I think is the best data, but not too many factors, just enough to give a good picture of what might happen in a future race---today’s race actually. And if used correctly, and the odds are with you, you can pick winners that payoff. My systems are all based on speed and recent data. And it makes sense that accurate predictions are likely if you analyze recent, specific, racing results, for each horse. For example, it’s a good bet that a horse who won the last 2 or 3 races out of 4, has a very good chance at winning again. And, if that same horse lost the last 3 races within the month, but won 3 races in a row 3 months ago, it’s less likely that the horse will win, place or show in this race. Now, other factors are analyzed, and even though the horse doesn’t have wins in the last 3 races, he might be in the money if other factors add to the rating. When all the factors are added together, and we compare those results to other horses in the race, the best horses will shine through.
My Competitors Can’t Compete
If you’ve been looking for handicapping systems on the Internet, you know there are a lot of expensive systems (up to $1,000 or more) with outrageous claims, and scientific names that give the impression of that they found the secret to winning, with vague guarantees. I’m honest. I can’t guarantee winners, but I can offer a good logical system based on some sound math, with testing that shows potential. And my pricing is way below my competitors. You can try my original system for $9.95 or our advanced systems for $20. My systems look at current stats, and don't care for or need any long term data analysis. I look at what the horse is doing today (in the past months), not a year ago, because I believe current data will give an accurate picture of the animal's capability. I claim simple is best, and a short term analysis is more accurate than a long term look at the horse stats.
You can't beat the price at $9.95
You can try one of our original handicapping systems for Thoroughbreds or Greyhounds for the low low price of $9.95. The Quick Thoroughbred System was one of the two original systems I designed way back when I was getting started. I originally designed it in Basic, then when Basic was no longer included with the PCs, I compiled the program so it would run on its own in DOS. When they finally eliminated DOS, I converted the program to Windows 95/2000/XP/Me/Vista and recently to Windows 7/8. I have to admit, it works a lot better running in Windows then it ever did in DOS or Basic. What I mean is that it's easier to use because data entry is faster, and the results pop up on the same screen. The algorithm and the results haven't changed, though. It's still doing a good job finding the better horses in each race.
Quick Thoroughbred Handicapping Software--$9.95
This is one of our best and fastest systems for handicapping at the track. QTHOR has been reported to do as well as our Advanced Thoroughbred System. We've converted the program to run in Windows and it works in the latest System 7. It's fast because it only evaluates 5 data items. Enter the last stretch position, the last two finishes, the last speed rating and the post position for each horse. Works in Windows Vista, Windows 7/8, 95, 98, 2000, Me and XP. Documentation included. $9.95. ORDER NOW! VIEW CART/CHECKOUTPayPal Ordering - Quick Thoroughbred--$9.95
Quick Greyhound Handicapping Software for $9.95.
QGREYWIN is our quickest and newest greyhound handicapping system that evaluates the most important data and gives you a rating in just seconds. Enter just 5 items from the Greyhound Racing Form including the last position in stretch, the last two finish positions, the last time and today's post position. You can rate eight or more dogs in a race in just a minute or two. Works in Windows XP, ME, 2000, Visa and Windows 7. Documentation included. $9.95. ORDER NOW! VIEW CART/CHECKOUT.PayPal Ordering - Quick Greyhound -- $9.95
Advanced Thoroughbred Handicapping Software
Windows-based Horse Handicapping Software--Tested & Works in System 7
Windows Advanced Thoroughbred System #WINA210 - Retail $99.95, now only $29.95. Newly updated Version 3.0.
It only takes 8 minutes per race (about 1 minute per horse) to enter 13 most important items from the racing form including POST POSITION, SPEED RATINGS and VARIANT, ODDS, 1/2 or 3/4 POSITIONS, STRETCH POSITIONS and FINISH POSITIONS. Enter data for one horse at a time. A time adjustment factor corrects for different race lengths. Calculates a rating in seconds. Documentation included. Works in any PC running Windows Vista, Windows 7, 95, 98, 2000, Me and XP. Windows Advanced Thoroughbred System #WINA210 - was $99.95 , now just $29.95. ORDER NOW! VIEW CART/CHECKOUT
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Free Thoroughbred Handicapping Software and methods in the book:
Thoroughbred Handicapping the Computer Way by Howard Berenbon--now
$17.95 $9.95 as a digital download in PDF Format (9 mb).
This book will help you design your own Horse Racing Handicapping System, and includes 2 different systems, one using a pocket calculator. Originally published in 1995 and updated in 1999, most of the information, including the various handicapping system are viable in 2014. This book is now digital and a link will be e-mailed to download. Sale $9.95. ORDER NOW! VIEW CART/CHECKOUT.
PayPal Ordering - Thoroughbred Handicapping the Computer Way eBook (9 mb)
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Note: prices subject to change without notice