Is horse racing profitable?

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  • UltimateSelector
    Restricted User
    • 01-28-08
    • 15926

    #36
    Originally posted by Dark Horse
    Is there a database with past results for races, including opening/closing lines?

    Most interested in the lines right before the start of the race (for the entire field, not just the top three).

    I don't know of any database that has Opening & closing lines published.
    I however have all that in my own database since all my races are saved automatically at Off! I must have well over 300,000 races in all my databases over the last 8 years.

    There are public databases with past results going back to 1998.

    I have this link in my blogsite. Feel free to check it out.
    I have to break up the addy for now as I am working on the problem with the admin. So here it is is broken form you will have to type in.
    http://
    ultimateselector
    .blogspot.
    com/

    Best of Luck!
    Comment
    • Dark Horse
      SBR Posting Legend
      • 12-14-05
      • 13764

      #37
      Like your site. I'm new to horses (and may always be).

      I followed the past results links, but they seem to focus on the top 3 only. I want to see if there are any useful odds gaps between the second favorite and the rest of the field, and between the third favorite and the rest of the field.
      Comment
      • pokernut9999
        SBR Posting Legend
        • 07-25-07
        • 12757

        #38
        Horse racing is like any gambling , it can be beat and it can ruin you.

        Of all the sports to bet on it is the most complicated and takes more time and research. Great sport to watch and gamble on but must be done with caution. In the old days one would go to the track and have the option of WPS and a daily double.

        Since then the exacta's, trifecta's, superfecta's, pick 3's, pick 4's, and pick 6's have come along. That and each track simulcasting all the other tracks gives bettors with no self control too many wagering opportunities.

        The old saying is still true , you can beat a race but not the races. Just like in football you pick a few games on a Sunday you can win , bet the board and you have no chance.

        As any gambling all the major pitfalls must be avoided and patience is key.

        In my opinion horse racing has a lot more to handicap then the other major sports.
        Comment
        • pokernut9999
          SBR Posting Legend
          • 07-25-07
          • 12757

          #39
          Originally posted by Dark Horse
          Like your site. I'm new to horses (and may always be).

          I followed the past results links, but they seem to focus on the top 3 only. I want to see if there are any useful odds gaps between the second favorite and the rest of the field, and between the third favorite and the rest of the field.
          try equibase.com
          Comment
          • phillyherb
            SBR Rookie
            • 07-07-08
            • 8

            #40
            paitence is a virtue

            Originally posted by fiveteamer
            if you are an action whore, this is not that game for you.
            I agree winning on horses takes tons of patience, most don't have enough to win at the horses. If you can control your wagering you can make it, but few have the patience to bet only on quality races.
            Also I think the best bets in horse races (this is for people that are accomplished handicappers) is the pick-3 and pick-4 they always seem to pay much better odds.
            Good luck to anyone in this game.
            Comment
            • Dark Horse
              SBR Posting Legend
              • 12-14-05
              • 13764

              #41
              Horse racing would be a lot more interesting if they wouldn't change the odds after you placed your bet. Yesterday my wife picked a 20-1 winner at the track (opening line). You know how much she got paid after the race? 5-2. Imagine a sports book doing that for NFL or NHL bets. Unimaginable that a book would protect itself like that.

              How does that work exactly? Does it mean that, if a 1000 dollar bet can change the line, you may as well bet $100, because the book will just take the other 900?
              Comment
              • pokernut9999
                SBR Posting Legend
                • 07-25-07
                • 12757

                #42
                Originally posted by Dark Horse
                Horse racing would be a lot more interesting if they wouldn't change the odds after you placed your bet. Yesterday my wife picked a 20-1 winner at the track (opening line). You know how much she got paid after the race? 5-2. Imagine a sports book doing that for NFL or NHL bets. Unimaginable that a book would protect itself like that.

                How does that work exactly? Does it mean that, if a 1000 dollar bet can change the line, you may as well bet $100, because the book will just take the other 900?
                It is called pari-mutual wagering , all bets go in a pool and that is how the odds change by how much is wagered on each horse.
                Comment
                • Dark Horse
                  SBR Posting Legend
                  • 12-14-05
                  • 13764

                  #43
                  I know what it's called. It seems an expensive name for a pretty sick concept.
                  What makes horse racing so different from other sports that they can do this? Anyway, I'm not going to spend a whole lot of time on that, because it won't change.

                  I noticed yesterday that in two out of three consecutive races the top three, based on the closing lines, won the trifecta (for trifecta boxes); in one race a horse stumbled out of the gate and just missed the number 3 spot. In the two races after that, this didn't work, because there was no real difference in odds between the number 3 and 4 horses. However, there was an odds gap between the number 2 and 3 horses in one of those races and the exacta won. So my approach, not knowing anything else about horses, would be to bet as the horses enter the gate, based on the lines at that moment. But I can't research it without a database that includes the entire field for each race and lines for all horses.
                  Comment
                  • UltimateSelector
                    Restricted User
                    • 01-28-08
                    • 15926

                    #44
                    Originally posted by Dark Horse
                    Like your site. I'm new to horses (and may always be).

                    I followed the past results links, but they seem to focus on the top 3 only. I want to see if there are any useful odds gaps between the second favorite and the rest of the field, and between the third favorite and the rest of the field.
                    Thanks Dark Horse! I am still designing & Developing the site!

                    What you are asking for may be very difficult to find. I have been studying the Pools & Odds for 30 years. I have found definite patterns in how wagers are made, the timing & the amount of the wager & when they are made. There are very eye opening trends that happen all the time. I have that kind of info that you seek but I have to program a data picker (miner) to pull those numbers out. I am programming other things now as we speak.
                    However Best of Luck & keep working your angle, That's how you learn!
                    Comment
                    • hi-rez
                      SBR MVP
                      • 11-19-07
                      • 1298

                      #45
                      Did you ever see the movie Uncle Buck?
                      Comment
                      • Long John Silver
                        SBR Rookie
                        • 06-03-08
                        • 20

                        #46
                        It can be profitable. It's a game that rewards number crunching, and not being an idiot.
                        Comment
                        • aaron133
                          Restricted User
                          • 07-09-08
                          • 1

                          #47
                          Horse racing is a wonderful sport game,it is the game of probability and many person losing time & money.they direct calculates on horse.
                          ________________________________________ _____
                          aaron133
                          Comment
                          • Dark Horse
                            SBR Posting Legend
                            • 12-14-05
                            • 13764

                            #48
                            Test
                            Evangeline race 1. In three minutes.

                            Three trifecta boxes for 1-2-4-6.
                            Comment
                            • Dark Horse
                              SBR Posting Legend
                              • 12-14-05
                              • 13764

                              #49
                              4-1-2 winner

                              Trifecta pays 16.
                              Play about even on that one.
                              Comment
                              • Dark Horse
                                SBR Posting Legend
                                • 12-14-05
                                • 13764

                                #50
                                Test
                                Meadowlands race 3

                                Three trifecta boxes 3-5-7-9
                                Quinella 3-7
                                Comment
                                • arturobandini
                                  SBR Rookie
                                  • 07-06-08
                                  • 8

                                  #51
                                  Originally posted by jjgold
                                  I have never met a horseplayer that did not die broke, you will never see so many broken down degenerates in any other form of gambling, it is the street junkie of gambling. I go and see so many guys not shaven with wirey crazy hairstyles just wandering around using every dime of their pay checks to bet with. On Fridays the tracks are more crowded because it is payday. By the end of the day those same guys lost it all slamming garbage cans on the ground, talking to themselves and saying how they should of won or the races are fixed.

                                  No one wants to be associated with horseplayers because it is looked down upon in society and it should be . The parking lot is filled with old cars chasing the impossible feat of winning. All horseplayers end up with no families also because all the family money goes to the local horse track or OTB.

                                  Horses are just another form of street junkie drugs and it is sad.
                                  hmm now that i think about it since i've started betting on horses my hairstyle has gotten kinda crazy!
                                  Comment
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