Understanding The Horse Racing Results
When your horse racing software properly outlines all horce racing results, 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
Catt
Ling
Ling
Date
01-01-2008
03-01-2008
04-01-2008
Time
14:30
13:35
14:20
Horse
Rapscallion
Dushstorm
Aigle Dor
Odds
1.76
1.01
2.00
Pos
2
1
1
Profit
29.69
-0.30
-78.69
Bank
1030.20
1041.25
935.45
NOTE: Each heading as 3 lines each. Each line is one data set.
Course
The is the first thing that you would see in a horse racing results 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 when the horse races are run.
Horse
This is a very important column in the horse racing results list 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 horse racing results, 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 horse racing results 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 results list 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 horse racing results that are easy to understand. After all it is your money that you are concerned about, not the horses.