Horse Racing: How To Understand Racing Is A Game Of Statistics
The way to understand that the game of race statistics is to make sure that each race can be analyzed on its own. If you play a race for a year using a different track and you do it every day, you will play a 365 or morse race. 365 races or more is called statistical sampling. If records are kept on that race, every thing you did, every type of bet made, the price of each ticket and what races were won or lost statistics were made. This one year amount of information will help the player keep track of how well he did in the game in that one year.
Statistics in competitions come in the form of: (1) statistics you keep about your own playing abilities and the money you have won and/or lost. (2) statistics from the past performances of each race in different horse racing media (DRF, digest racing, online, etc.). This brings this issue to an important point and that is that racing is made of two main divisions: Profit or money side and Handicapping or racing side. Each is 50% of the race and each half has its own stats structure.
No matter what the players consider to be doing all handicapping is the search for a method, factor or system to determine and predict the order of completion of horse contests (horse races) over days, weeks, months and years. Profit grafting uses methods and methods to determine and predict the return on investment, profit or money that will be generated over the weeks, months and years ahead. The public gets a winning position horse about 33% of the time in general regardless of field size and this means it takes statistics to figure it out. Anything you want to learn and know from racing there is a statistical basis for it.
The more you know each element, percent and details in the form of stats, the stronger your game will be. Provided you do everything right. In this way money patterns and racing patterns can be seen for months and years. This way of understanding that racing is a statistical game also includes the fact that without this type of racing it is difficult to decipher. Even after years of playing you still wonder: what’s with this game? Is there a way to make money by design and not by luck? With statistics, you understand the game in a way that cannot be understood otherwise.
There are winning streaks and losing streak patterns. There is a pattern percent for each type of bet played using single or double factors, methods, or angles. There is a pattern in both racing divisions. When doing large amounts of statistics by hand it can take months to years and in such cases it is better to use a computer. Doing statistics is not difficult at all and is actually simple but should be done properly as a textbook on the subject. Another problem is that players have to know how and where to get information to do their own statistics if testing. The problem is: what are you testing or trying to figure out? This is partly a way of understanding racing as a statistical game.