Betting on longshots in horseracing can provide you with a profit. Most horse bettors

like to slowly grind out a profit on high percentage favorites while a few horse bettors

like the big win with a longshot. While longshots are great when you cash a ticket on them, the truth of the matter is that you cash your tickets far and few between. As the old

saying goes, "Risk equals reward," is demonstrated over and over again when the horse

bettor plays a longshot horserace.

It all boils down to the size of your bankroll, your quest for thrills, and your financial plans. Winning longshots can be thrilling, however, as previous mentioned, you can have

long periods without cashing a ticket. That is the main reason why I play the favorites and sprinkle my bets with a longshot.

Thus, below are some tips to help you narrow down your search for high paying bets when playing the longshot in a horserace.

1. Have a plan for longshot horseracing bets.

If you are thinking about playing and hitting longshots, then you should start by studying them and making a strategic plan about longshot horseracing. Thus, I suggest a good longshot horseracing system. As I like to say, a good system is better than no system at all because as they say, "Those who fail to plan, plan to fail." Thus, ask yourself, "do you have a longshot horseracing system?"

2. Know where to look for good longshot bets when placing a longshot horseracing bet.

I suggest that you start by studying longshots that have won recently at your favorite track?

Why did the longshot horse win? Did the longshot horse have spped, in a different class,

or in better form, etc.

That is why you should know how to handicap a horse race. Your objective in handicapping the horse race is to identify profitable situations that will most likely repeat over again. Once you have handicapped a horse race, you should make a list of trainers and jockeys who win with longshots. Believe me, longshots are usually won by the same trainers and jockeys!

The reason for this is that the longshots winning trainers and jockeys share the information with their owners and other people. Most trainers rarely win with a longshot. If they have a good horse, everybody at the racetrack knows about it.

You will discover that many of the biggest longshot horseracing winners are ridden by

some of the most famous and successful jockeys.

3. Play the favorites with a longshot added to an exotic bet.

If you do, you will win most of your bets and make a profit. If you remember the three above tips, you will be well on your way to hitting more longshots.

Just remember that the most consistent horse racing systems require the horse bettor have the basics and to be able to understand the basics.