Al Capone, an accountant, invented the horse racing betting strategy. The system does not give a plus at a distance, but it can be improved.
Betting on horse racing is a traditional form of gambling entertainment. One of the famous strategies came up with Al Capone's accountant Datca Schulze. In this article, we will break down this famous system and show you how to improve it.
Horse racing betting types
To use betting strategies for horse racing, let's figure out what types of bets in the list are offered by bookmakers.
- Winner. The winnings will be credited if you indicate one horse that will be the first to finish.
- Prize-winning place. To win, the selected participant must be in the top three. Here the coefficient is less than in the first variant.
- Double or triple forecast (forecast). It is necessary to name two or three horses that will take the highest places. There is a strict and combined forecast. In the first one, you need to indicate the sequence of the finish of the leaders, in the second - just their names.
- Who is higher. The bookmaker offers pairs, and you choose which horse will show the best result.
- SP (starting price). Option to bet on the winner. The current coefficient is not visible, the quote at the start of the race will be taken into account.
Schultz Dutch System
This horse racing betting strategy is named after Al Capone's legendary accountant Dutch Schultz. Another name for it is “equal profit”.
When betting on multiple favorites, you will profit if one of the selected horses wins. The number of bets depends on the size of the smallest coefficient. If it's over 4.00, then bet on four contenders, and so on.
But bookmakers take this probability into account when placing quotes. Therefore, the system is unprofitable at a distance. We recommend upgrading it.
You can increase your profit by discarding the first favorite if its coefficient is higher than 3.00. Let us give an example of the use of such a strategy.
On April 22, 2020 at 11:00 Moscow time in Ascot (Brisbane), Australia, the seventh race was held at the Byron Bay Plate arena. On the favorite Point Taken the coefficient was 3.50.
That is, according to the “equal profit” strategy, you can bet on three favorites. But we discard Point Taken, and the following participants have the following odds:
- Next Stop The Moon for 5.55.
- Unibro for 6.00.
- Ngawi for 8.00.
- Stella Anne for 11.00.
- Rock'n'ruler 11.00.
P = 1 / K1 + 1 / K2 + ... + 1 / Kn, where K1, K2, ..., Kn are the odds for winning.
Finding the probability:
1 / 5.55 + 1 / 6.00 + 1 / 8.00 + 1 / 11.00 + 1 / 11.00 = 0.65364.
Determine the size of the bet on the victory of each horse according to the formula:
S = B / P / K, where S is the amount of the bet per one horse, K is the coefficient for its victory, P is the sum of the probability, B is the allocated bank.
We distribute rates with a dedicated bank of 1000 dollars:
- 276 dollars for Next Stop The Moon: 1000 / 0.65364 / 5.55.
- 255 dollars for Unibro: 1000 / 0.65364 / 6.00.
- 191 dollars on Ngawi: 1000 / 0.65364 / 8.00.
- 139 dollars for Stella Anne: 1000 / 0.65364 / 11.00.
- 139 dollars for Rock'n'ruler: 1000 / 0.65364 / 11.00.
The unequal distribution of the bet amount gives approximately the same payout from each bet. In our case, about 1530 dollars.
This means that the total coefficient from the affixed thousand is approximately 1.53.
Rock'n'ruler won, so the bet played. The essence of Dutch Schulz's strategy is modernized here. We increased its riskiness as we dropped the main favorite. Such a move is justified if the leader is implicit or its results are deteriorating.
Horse racing betting strategy "follow the money"
A strategy that is popular on equestrian sweepstakes is called "follow the money". This is a type of bet on an outsider. In race cards, track how betting quotes change. If the odds drop noticeably on one of the underdogs, then a lot of money has been bet on him.
In this case, it makes sense to bet that the initial outsider will enter the top three. In the Brisbane race we have described, Stella Anne is such an example.
Five hours before the start of the competition, the coefficient for her victory was 19.00, and an hour - only 11.00. As a result, she took third place. Such a bet could be made with a coefficient of 3.00.
How to bet on horse racing with a strategy
When using one of the strategies, keep the following criteria in mind.
- The ratio of the age of the horse and the distance. Young horses up to five years old show themselves better in short races: 1400-1600 meters. For long distances from 2400 meters, horses over five years old are often the favorites.
- Horse parameters. Analyze current results, break from the last tournament, weight, handling, age.
- Weight, experience, career success, recent results of the jockey.
- Stable and trainer. Consider the authority of the organization and the reputation of the coach who introduced the horse.
- Weather conditions. Air temperature and humidity, pressure, wind strength and direction, cloudiness.
Where to look for horse racing betting information
It is difficult to independently analyze each race with more than ten participants. To increase your chances of making a profit when betting on horse racing, read the specialized publications of the countries where the tournaments are held. For example, in the UK - Racing Post, Australia - Racing Australia, USA - Horse Racing Nation, etc.
Today they are available online. Such publications often give advice and analytical forecasts of well-known experts. Using them, you increase the chances that you will be in the black.
No horse racing betting strategy is a win-win. In this sport, the success of betting is determined by the experience and awareness of the player. Stock up on patience if you want to become a successful player on horse sweepstakes.