Identify The Formula For The Rate Of Return On Investment What is a Good Profit From Horse Racing Handicapping Or a Reasonable ROI?

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What is a Good Profit From Horse Racing Handicapping Or a Reasonable ROI?

Many people ask, “How much money can I make betting on horse races?” While many people struggle to make a profit from horse racing handicapping and horse racing betting, few people have a realistic idea of ​​what to expect and how much profit can be made. Horseplayers often talk about ROI or return on investment (ROI). Simply put, it’s a percentage of return on your initial investment. So if you spend $100 on a winning bet and get $125 back, the ROI is 25%.

So how do you know what a good ROI is and what you can expect? First of all, when comparing investments, you have to look at competing investments and take into account the associated risk and work. Maintaining horse racing trees is time consuming and therefore you have to pay for the time spent on the trees yourself. You can pay a professional like me to do some of the trees, which means you have to spend less time, but you still have to spend some time researching and thinking about it in the end. how do you bet

When you buy stocks or make other investments, you also need to do your research. You may have a broker to make recommendations or a financial planner or an analyst, but ultimately, just like with the people who pay me for these handicap races, the final decision rests with the investor. Many stock investors now consider 10% a reasonable return on their portfolio.

How much you can earn from horses varies from week to week, but your annual average can be better than a stock’s return, but also much riskier. When it comes to equine handicappers, even the pros have their ups and downs, and you have to look far and wide to get a reasonably accurate picture. For example, on the weekend of June 11th (I work in a three-day weekend block and send a newsletter with information about each three-day block), my key horses earned over 80% ROI. This is very high, but the following week the profit of the same type of bets was considerably less.

During the last weekend, June 25th, 2010 to June 27th, 2010, my top bets earned a 22% ROI on the thoroughbred stakes, while the bettors who played my best stakes on the half mile and 5/8 mile tracks earned an 11% ROI. There are no guarantees when betting on horse racing and it would be reckless to guarantee a profit or try to predict how much profit to expect due to market volatility.

In general, however, it is safe to say that sometimes horse racing bettors may see a higher rate of return than bettors in other markets, but they pay for that opportunity with much greater risk.

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