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Every serious horse player is always looking for more horse information that will give him or her the edge that can be the difference between winning and loser. Most people who go to the racetrack will buy a program, study the Racing Form or a tip sheet, and then make a wager. Having access to this information is helpful, but, it certainly does not guarantee that you will win.
The overwhelming majority of race fans wind up leaving the track with less money than they had when they arrived. Favorites only win about once in every three races. Making it even more difficult to win are the exotic bets like trifectas and pick four wagers.
Even the most veteran of gamblers can have a difficult time trying to pick the ponies. It can be incredibly challenging to narrow down a large field of evenly matched claimers down to just one or two horses. How do you pick the winner in a race full of first time starters? Part of the intrigue and attraction of the King of Sports is the process of wading through all of the data and choosing what horse information matters the most.
Handicapping is not an exact science. It is much more of an art. One handicapper might choose to analyze a race based entirely on speed figures. Another might take into account the class of the horse or the jockey and trainer winning percentage. There are literally thousands of statistics that can be analyzed.
Horse racing analytics can make it easier to analyze the wide universe of data. There are a number of services that do this type of work and then package it in a form that is easy to read and understand. Some software packages provide proprietary information based on formulas and algorithms. Without computers, it would be impossible to analyze all of the data and make such highly educated picks based on past performances.
Racing enthusiasts can use a horserace handicapping tool to access information and interpret data. Today, there are even apps you can download on your smartphone that will give you an edge at the track. Imagine going to Belmont or Churchill Downs and, instead of rifling through the Racing Form, you pull out your iPhone, touch the screen and get all the information you need to make a bet.
Technology touches our lives in so many ways. The racing community is no exception. While many old-timers are hesitant to try the newest handicapping tools, younger race fans are quick to adapt the latest technology. Who can say for sure whether the 60 year old horse player with a crumpled up Racing Form is better at picking winners than the 25 year old newcomer who has the advantage of a horse racing handicapping tool.
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