How Old To Sports Bet In Ny latest 2023

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Horse Racing Handicapping Angles for Small Fields and Small Tracks

Horse racing handicapping largely focuses on major races and race tracks such as Belmont, Gulfstream, Santa Anita, etc. But there are a lot of good races on smaller tracks and there are also good opportunities for everyone. bet on horses and try to make a profit. The first thing you might notice about some smaller venues such as Beulah Park is that the grounds are small.

A race of five or six horses is not uncommon. Add a scratch or two and the result is a standout horse race with very little competition. This must immediately lead to a mindset shift for the average horse player who likes to find value based on the amount of competition in a race. Typically, an event at a race track with medium sized fields might include three to five real competitors.

The savvy player looks for bets that have a positive return on investment based on the odds-weighted probability of success. In other words, how many times the horse will win and what it will pay out when it does is compared to the number of bets that need to be made. A positive result simply means that you get back more than you spend on your bets. Because the money is distributed among the suitors, the more suitors there are, the higher the chances of each.

This, however, has to be weighed against the risk and when you start doing the math, sometimes less is more. Less competition, or fewer runners, is not necessarily a bad thing as long as the differences are proportional. All is relative. If you only get 1 to 1 odds on a horse, it can still be a good bet if there is little or no competition.

As horse racing struggles to survive, many experts say it’s losing its fan base because of the quality of the product, but I don’t think that’s always the case. A good bet is a good bet, whether in Grove City, Ohio, or New York, NY. Players who are good at spotting inconsistencies in crowd bets can exploit them wherever they exist. The biggest adjustment to be made relates to the size of the bet and the expected strike rate.

If your strike rate, the percentage of wins you experience, increases from 40% to 60%, you can afford to risk more per bet and not take more risk with your bankroll. This is the adjustment to consider when the fields are smaller and the number of contenders is fewer. Small racetracks and small fields may get a lot of negative talk from the pundits, but between you and me, there are savvy gamblers and horse gamblers out there making money every day on these races.

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