There are many ways to handicap horse races. Some are better than others and some, obviously, are more complicated than others. Before we narrow down our search for the best way to handicap, however, let’s talk about our goal. The only reason to evaluate the runners in a race is to figure out how likely each one is to win the race. If you’re planning on making exotic bets you may also want to determine how likely each horse is to finish in the money. We’ll consider a good bet any horse that pays enough to win to make it profitable to bet the horse.
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