While there is no guarantee that anyone will win consistently by betting on horse races, recent developments in computer software and handicapping methods have reduced the amount of financial risk. I do not use a computer software to make money on betting on horse racing. In addition, I suggest using a system that has been proven. I use "How to ‘Place Bet’ on Favorites for a Living" by Mohammed Ali. By handicapping the horses and race conditions and studying the various mathematical models, you may make money betting on horse racing.

Make money betting on horse racing by learning how to handicap the horses properly by reading the articles on this site. In addition, track the performance of each horse and knowing whether the performance of the horse is improving with maturity or declining with age. You will also need to know how each horse performs in a variety of weather and track conditions and whether there is a synergy between the horse and a particular jockey. In addition, I suggest that you concentrate on only one or two race tracks every horse betting season. I spend my time knowing the Southern California race tracks

In addition, I suggest that you review all race results on a regular basis by studying copies of the "Daily Racing Form." This newspaper can be instrumental in teaching you how to handicap properly and win more money. You will find the "Daily Racing Form" available at most newsstands, at horse racing venues and by direct-mail subscription as well as online downloads.

You might also read online blogs about horse racing in order to make money by betting on horse racing. You will find that most horse racing blogs are moderated and maintained by experts who have developed reliable handicapping systems and are more than willing to share secrets with subscribers. In addition, many of these blogs feature online-discussion forums on which you can swap information about effective betting methods and systems.

Finally, use online resources, such as TwinSpires, to make bets online and receive free tips on handicapping