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Playing the tote board is one way to make money at the track, but speaking from personal experience, it takes a great and fast mind for math, nerves of steel, and excellent timing. But every day, all over the world, there are people who strictly play the tote board and some of them do make a profit from horse racing.

As horse betting systems go, tote board methods are attractive because they require no preparation or handicapping before the races. You simply stand or sit and watch the board, make certain calculations in your mind or using a handheld computer or calculator, and place a bet, usually just before the race goes off (this is where excellent timing is handy).

An over under system is based on the morning line odds. Crunching numbers of odds and payouts at many tracks has shown that a long term profit can be derived from betting on horses whose odds at post time are a certain amount above or under the morning line odds for that runner.

For instance, all horses in the morning line with odds of 4-1 to 8-1 will be watched and any one with odds at post time of half what the morning line is may be a good bet. So a runner with a morning line of 4-1 who is going off at 2-1 may actually be a good bet according to historical data. That depends upon what betting trends occur at that track. The horse in this example would be called an, "under."

By the same token, using horses in the 4-1 to 8-1 odds range again, a horse going off at least 50% above morning line odds might be a good bet, so a runner whose morning line is 6-1 who is going off at 9-1 or more, may be a profitable bet. In this case we are talking about an, "over."

There are several variations to this system and of course, it depends upon the trends at the track you are playing and each one may be different. It is possible to show a long term profit, but because betting trends may change and there are other variables involved, there are no guarantees that what worked in the past will work again.

The most consistent horse racing systems have to have the basics and a handicapper must understand the basics. I have been around horse racing for 50 years including as an owner. Without the basics the rest is not going to do any good. If you want to learn how a horse owner and insider handicaps just go to http://williewins.homestead.com/truecb.html and get the truth.

Bill Peterson is a former horse race owner and professional handicapper. He comes from a horse race handicapping family and as he puts it, "Horse Racing is in my blood." To see all Bill's horse racing material go to http://williewins.homestead.com/handicappingstore.html - Bill's handicapping store.

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