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Find the Best Bet in a Horse Race Using Probability and Money

To find the best bet in a horse race you have to compare the probability of a horse winning the race with the actual payoff from the winner. That can be said in one sentence, but to learn how to handicap and find the best wager is a difficult process. It takes experience to estimate a horse’s chances of winning, but a few handicapping guidelines may help you to learn the method to handicap a horse race for profit a little faster. First of all, the old saying, “the fastest horse doesn’t always win but that’s how you have to bet em’,” isn’t far from the truth.

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