Understanding The Horse Racing Results

When your horse racing software properly outlines every horce racing result, it is a sign that its a reliable one. Here are some common figures and stats that you often see in horse racing software:

Course Date Time Horse Odds Pos Profit Bank
Catt 01-01-2008 14:30 Rapscallion 1.76 2 29.69 1030.20
Ling 03-01-2008 13:35 Dushstorm 1.01 1 -0.30 1041.25
Ling 04-01-2008 14:20 Aigle Dor 2.00 1 -78.69 935.45

Course

The is the first thing that you would see in a horse racing result list. In this column, you will find abbreviations of these horse racing venues such as Catt (Catterick), Extr (Exeter) and Ling (Lingfield). Knowing where the races are is very important information because each track has its distinct qualities which could really determine the outcome of each race.

Date

The dates of the horse races.

Horse

This is a very important column in the horse racing result because you will find the names of the horses that will likely win in that particular race. In the example above, the software predicts that Rapscalloin will likely finish second in the race at Cattrick on January 1, 2008. Meanwhile, Dushstorm will likely finish first in the race at Lingfield on March 1, 2008.

Odds

In a horse racing result, these numbers are particularly interesting because you would know a horse's chances of winning in the race. The higher the odds, the higher the probability that your horse will win. Aigle Dor's odds (2.00), for example, of finishing first are very good. However, there are many factors to consider. Sometimes, betting in a horse with the highest odds of winning may not be too profitable. Because of the poor competition in a particular race, odds may be overestimated. As a result, the software will put all its investments on that particular horse. There are scenarios where the winnings are divided and you would be earning less than you are supposed to. Its a double-edged sword. But most of the time, the races are competitive and the odds are stacked evenly among the horses.

Profit

This is the part of the horse racing result that you should take note of. The profit column shows you your winnings for a particular race. In the example, Rapscallion is predicted to finish second in the race at Cattrick on January 1, 2008. Now, it can happen that the horse may not finish first, but still you can earn some money. The example shows that if Rapscallion would indeed finish second, œ29.69 will be added to your betting bank as profit.

Bank
The last column in the horse racing result simply shows how much money you have in your betting bank.

You can never go wrong when your betting system gives you all the information that you need. You can always be sure that your investment is in the right hands when your software gives you a horse racing result that is easy to understand. After all it is your money that you are concerned about, not the horses.

By: Delrick Mckay

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