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Without risk in an investment there can be no value. So how do you determine what is an acceptable risk in placing bets at an event as difficult to judge as horse racing? One method to follow is to place fair value bets. But before betting you want to avail yourself of some manner of betting system.

A betting system worth your time will tell you some key things. It should help you know how likely your horse is to win, this will also give you the odds of your horse losing. Once this is established then you want to check the odds to see if your horse is in a positive position. So to determine if your horse has fair value you must know if it is in a positive position. Remember picking a winner sometimes also requires that you go with your gut feeling, for handicapping a horse race is never an exact science.