In order to test your Mixes or create new Mixes, you need to test them against historical results. We have a couple of ways for you to do that....

RACE RESULTS
When you look at the race results page, you can select a date and track,  and then see the results for races on that day.  You can test any of your saved mixes to see how profitable they would have been, or you can create mixes using the results as a guide.

The results box shows you what would have happened if you bet $2 win, place and show on your top ranked horse, and if you boxed the top 3 ranked horses in a $1 exacta and the top 4 in a $1 Trifecta.

You can see from the above results that the mix we used for that day would have returned a profit on Win, Place, Show and Exacta bets and a loss on Trifecta bets.  As you change the factors you are using in your mix or give more or less weight to a particular factor you are using, the results box will update instantly.  You can also apply any saved mix you have to the results and they will update.  This is useful if you are the type of handicapper that uses the same mix for each race type.

If you design your Mixes for specific race types, then you will want to use the My Race Report tool. There you can select a group of similar races using the search features.  So, for example, if you wanted to see how well your Mix did on the past fifteen 7F dirt Claiming races at Gulfstream Park you could do that by searching for those races, and then adding them to a report.

Once you have found a group of races that you want to use in the results, you can click each race to add it to your report.  You give that report a name, then save it, and you can then test it using the results data for those races.

Now, using a group of similar races, you can create a very accurate Mix for predicting the winners of 7F Dirt Claiming races at Gulfstream Park.

For more information on how to use horse racing results data to win more bets watch this tutorial video.

Find any race in the Betmix database

We've added a neat new tool to Betmix called RACE SEARCH. Using this tool you can search our entire database to find any race.  Search by date, track, post time, surface, race type, distance, age/sex, purse or claiming price.

The results will display a list of all matching races - clicking on any race will open it up in MixMaker where you can create a mix or test your existing mixes on similar race types.

Using the Race Search feature will improve your mixes tremendously, and allow you to build very specific mixes for any track or race type. If you have created a 'super mix' for 1 mile turf allowance races, then just search for matching races running today and you will have a short list of races to bet on. This is an enormously helpful tool and we hope you take advantage of all it has to offer.

The race search tool is one of many exciting new features we will be adding in the coming months, and we cant wait to roll them all out...

Introducing BETMIX 2.0 - The best handicapping software available

We've made some major changes to Betmix.com and are anxious to share them with you. The site has been completely redesigned, and there are many new features to help you handicap with greater accuracy.  Here are just a few of the new features we have added...

New Factors, new sliders
We have added several new factors (Speed Last Race, Win %, In the money %, Last Purse, Avg Last 3 Purses, Trainer Jockey Combo win % and Trainer Jock ROI).  In the old version of Betmix, the sliders had to be "turned on", they are now "on" by default but will only be used in calculations when they have a value.

We also made major changes to our database structure that will allow us to easily add new factors (we will be adding more soon!) and create new and exciting analysis tools.

New Tools

Winning Factors allows you to find all the previous wins in our database for a particular horse and instantly compares that winning effort to today's race.  You can quickly see if today's race sets up in a similar way to the last race the horse won.

Your Mix displays all of the factors you have chosen in a pie chart and provides you with a simple graphic explanation of how the computer is interpreting your mix. By mousing over each pie slice you can see the percentage for each factor and the total number of points you have assigned.

Overall Rankings can now be seen on the main screen as well as by hitting the RANKINGS button so that you can get an instant read on how the horses stack up.

Improved MixMaker

 
We have greatly improved the artificial intelligence behind MixMaker.  Now you can choose to create a mix that puts an emphasis on finding the winner or choose to create a mix that finds the trifecta. The accuracy of MixMaker is much better now, as it has the ability to consider all possible factors in any given race.

The 6th race at Beulah park on December 11 was run on a muddy race track, and provided a good example of how sometimes looking at a race in the most simplistic terms can payoff big. The 6th race was a 5.5 F claimer with 7 entrants. Simply turning on the Mud Pedigree rating produced the following rankings for the horses:

Boxing the top 3 horses in a trifecta resulted in a nice payoff:

Sometimes just asking a simple question like "Who is bred best to run on an off track" can result in a nice payoff. Betmix is ideal for answering those types of questions and you should get in the habit of looking at a race with just one factor turned on when you want a quick answer to a simple handicapping question.

One of the most common questions we are asked is "What do the Red and Green arrows in the rankings mean?" There are two columns in the results screen, one is labled "S" for speed and the other "F" for finish. If a horse has run three races in a row that show improved speed or improved finish position he earns a Green Up Arrow, if his last three races show declines in speed numbers or finish positions he gets a Red Down Arrow. The idea is to show you at a glance if a horse is off form or in form. Horses with Green up arrows are on the improve and those with red arrows are in decline. However, you need to look closely and not blindly include or toss a horse based solely on the arrows. If a horse were to earn a red arrow for speed and his last three speed numbers numbers were 100/99/98 then you wouldn't consider that a horse in serious decline. Also if a horse finished 11th, 10th, 9th in his last three races, then he is improving! But, probably not a contender today.

Take a look at the 2nd race from Turf Paradise on December 10th 2012:

All of the horses with the exception of #2 and #4 have Red Arrows, and many of them are showing declining speed numbers which is worse than declining finish position. In a case like this you should look very closely at those two horses to see if they are contenders within your normal handicapping process - if they are then you have found a race that has excellent potential for a big payout.

As it turns out - both the 2 and 4 were serious contenders and the race was played as a Superfecta, the bet was 2,4 / 2,4 / all / all. We knew 2 of the horses had to fill out the super, but didn't have a strong opinion about which ones, so we hit the ALL Button and hoped for a bomb. The horse that ran 3rd went off at 49:1 and made for a nice superfecta:

Use the arrows to point you towards a race where there is potential for chaos. Use that to your advantage. When the majority of the filed in a race is in bad form, it can mean monster payoffs if you play it the right way.

One of the factors available to BetMix users is Avg. Best 2 of last 3 speed. This factor looks at the last 3 speed figures earned by the horse, tosses out the worst number, and averages the other 2. If a horse earned speed figures of 72, 68, 73 in his last three starts his Avg. best 2 of last 3 would be (72+73)/2=72.5. Why do you toss one? Because it gives the horse the benefit of the doubt. Maybe he had trouble in one race or was experimenting with a new distance or surface and that low number might not be representative of his true ability.

It goes without saying that fast horses win races. This factor should be used heavily in your mixes. Let's take a look at the first 7 days of the current Gulfstream meet to see how important the Avg. Best 2 of last 3 speed factor is.

We are not going to use Maiden Races in our stats, simply because some of those horses haven't started yet, or if they have they might not have run 3 races. This factor is more predictive when looking at horses who have a few races under their belts.

If you look at non-maiden races at Gulfstream to date, and only turned on the Avg. Best 2 of last 3 factor, how accurate would that factor be at predicting the winner?

We took the top two ranked horses from each race to see how well we would have done betting horses with the best speed. We bet a fictional $2 win on the two fastest horses in each race, so we are betting $4 per race.

Dirt Sprints: 18 races 11 winners (61%) bet $72.00 won $70.00
Dirt Routes: 8 races 4 winners (50%) bet $32.00 won $31.60
Turf Sprints: 4 races 3 winners (75%) bet $16 won $26.20
Turf Routes: 13 races 6 winners (46%) bet $52 won $42.40

Overall: 43 races 24 winners (55%) bet $172 won $170.20

We can see that 55% of the winners at Gulfstream in non-maiden races came from the top 2 best speed horses in the race. Betting on each of them would have resulted in a loss of $1.80. From this limited sample we can also see that speed is more important in sprints than routes and betting the fastest horses in just the sprint races would have resulted in a profit of $6.20.

If you use best speed as the foundation of your mix and start adding in other handicapping factors available in Betmix, then you can start creating very profitable handicapping angles that will result in higher win % and profits.

Best of luck at the windows!

We know that Betmix allows you to handicap a race quickly and accurately, but how do you use the results to make exotic bets like trifectas and superfectas?

One of the great advantages of the Betmix handicapping system is the point totals that it returns for each horse after you have applied your mix to the race. It gives you a very good idea of the number of horses in the race that are contenders. The key to making successful bets is separating the contenders from the pretenders, and we will show you how to do that using Betmix.

In this example we will be handicapping the Dania Beach Stakes at Gulfstream Park on December 15th (9th race). Subscribers can pull that race up in the historic race section, those who have not subscribed will just have to follow along from the screen shots.

The race is for 2-year-olds going 1 mile on the turf, and we will use our Standard Turf Race mix which is available for monthly subscribers to add to their saved mixes in the MixLibrary. When we apply that mix to the race we get the following results:

When betting a trifecta or superfecta we want to limit the contenders so that the cost of the bet is reasonable. The rule of thumb that we use is horses that are within 10 points of the leader are "contenders" and those outside of that margin are "pretenders" (for Superfecta bets we would include horses within 15 points of the top ranked horse). In this case, the top ranked horse is #4 Newfound Zapper with 77.5 points. For our 10 point rule we always round down, so any horse that has 67 or more points would be considered a contender in this race. We have 5 horses that qualify, which is a manageable number in a field of this size (the 11 horse scratched, so there are only 10 in the race) if over half the field had been within 10 points of the highest ranked horse we would probably skip the race in terms of betting exotics.

Now that we have our top ranked horse, we must check to see if he is worthy of being the "key" horse in our trifecta bet. He doesn't have a red arrow in the S or F column (for more information about arrows read our post about Declining Speed), his last race was 48 days ago which is acceptable (if it were more than 60 days we would be concerned), and a quick click of the Trainer-Jock button tells us that he is ranked 2nd there, so we can trust that he is well meant for this particular race.

To construct the bet we could simply box the top 5 horses in a $1 Trifecta Box which would cost $60, but we prefer to key the top horse with the others to save a little money.

We structure our bets like this:
$1 Trifecta 4 / 10,9,1,2 / 10,9,1,2 - Cost $12
$1 Trifecta 10,9,1,2 / 4 /10,9,1,2 - Cost $12
$1 Trifecta 10,9,1,2 / 10,9,1,2 / 4 - Cost $12

We invested $36 in the trifecta and put the #4 on top, between, and on the bottom of the other horses that were within 10 points of him in our mix.

Here is the result of the race:

Our key horse, #4 Newfound Zapper ran 3rd, and our 5th ranked horse (#2) went off at 16:1 and won the race resulting in a $378 trifecta for a $1 bet.

One of the many advantages of using Betmix to handicap is that you can accurately look at every race on the card in a matter of minutes. You can find races where you have a reasonable number of contenders and skip the races where the horses are too evenly matched to make an affordable wager. When you create your mixes or use those in the library, you are applying consistent logic to each race using solid handicapping principles. The key to making money betting on horses is all about consistency. Handicap in a consistent manner, and bet in a consistent way.

We are excited to introduce a new report feature available to monthly subscribers - the ALL RACES REPORT. This report will allow you to select a saved mix, or use the sliders, and see the results for all races on one screen.

There are numerous advantages to this handicapping report. If you thought Betmix allowed you to handicap quickly before, this report takes it to a whole new level. You can now look for standout horses on a race card in seconds. For example - if you are looking for Early Pace (lone speed) horses, you can turn on Avg. Last E1 Pace and see if there are horses on today's card that have big point ranking advantages over the rest of the field.

This report will also assist you in creating new mixes. When creating a new mix for a track its a great idea to look at the past results for that track and turn on 1 factor at a time to see where horses who ranked the highest in that category actually finished. Using this report makes that quick and easy.

For example, pulling up the Equibase results for Santa Anita on Dec. 30th 2012, and then bringing up the All Race Reprt and turning on Avg Last 3 Late Pace you will see that the top ranked horse hit the board in 6 of 9 races. The horses ranked on top in Avg Lifetime earnings hit the board in 7 of 9 races. Using the All Races Report you can do this very quickly and start creating mixes based on the most predictive factors. You will then refine those mixes by looking at race types and distances, and you can create very accurate handicapping methods for different tracks in a short time.

The most frequent question we get asked is "Can you really make money betting on horses?", and the simple answer is yes.

However, very few people will show a consistent profit betting on horses because they lack the ability to handicap using a consistent method and they do not have the discipline to adhere to a consistent money management system.

Betmix is a handicapping tool that was developed to provide a consistent approach to handicapping. It allows you to create a handicapping "system" and apply it consistently to each race you look at. If you have created a mix for handicapping 6 furlong Claiming races at Gulfstream, you can instantly handicap every race in the same way. You can certainly do that using the racing form or some other tool, but not with the same speed and exactness that Betmix provides. If you are using the Racing Form, pencils and a calculator to handicap every race at Gulfstream it could take you hours and there is no guarantee that you added up everything correctly or that you didn't miss a key data point for a horse. With Betmix you can handicap an entire card in seconds and see which races you should be playing, and where you might have the best advantage.

When you bet on horses, you are betting against the crowd, not against the house like in a casino. When you win money at the race track you are taking money away from the other people who bet on the same race as you. You have to work harder and be smarter than the people you are playing against in order to win money consistently. Betmix gives you that advantage. You can devise a mix and then test it against historical races to see how it performed over the course of a meet. When you apply that mix to future races you will have the data to prove that you are making a smart choice and be able to bet with confidence.

You can't bet every race. That should be obvious to most players, but it can't be emphasized enough. If you bet every race you encounter you are going to lose money. You have to pick your spots - races where you have determined that a particular horse has a better chance of winning than the rest of the field, and have the numbers and historical data to back it up. Even then, you are not going to win every time, but with a solid money management system you will be able to overcome the losses and show a profit in the long run.

TRY THE BETMIX BIRDDOG FREE RACE OF THE DAY

With Betmix you can evaluate every race at every track running today and find the 4 or 5 best opportunities to make a winning bet. If you were looking at a typical Saturday, and had 8 racetracks that you wanted to handicap, each offering 9 races, you would have 72 betting opportunities. If you have a very selective set of mixes that you created, and applied those to each race where your top ranked horse has a strong point advantage you might find 10 races worth betting. You might eventually find that only 5 of those races are worth playing if the horses you selected do not meet your minimum odds criteria (who wants to bet a 3:5 shot?). For arguments sake lets say that 2:1 is the lowest price you will accept and in all 5 of the races you decide to bet the horse is going off at 2:1. If you bet $2 to win on each of those horses in every race you will have bet a total of $10. A winning horse that goes off at odds of 2:1 will return $6.00. You will need to win 2 out of 5 races to show a profit. By being right 40% of the time you can make money betting on 2:1 shots at the racetrack. Of course things don't always line up that simply in the real world. Some horses will be 9:5 or 4:1. The key is to limit your bets, and to bet consistently. Human nature is such that if you lose the first few bets you will either be tempted to bet more on the next race to win back what you have lost, or you will lose your confidence and bet less in order to reduce your potential losses. In either case you are headed for disaster.

Winning money betting on horses demands consistency. Consistency in how you handicap and how you bet. Being consistent in how you handicap is much easier than being consistent in how you bet. People are not robots, and its tough to watch a race where a horse that almost met your handicapping criteria is going off at 15:1 without betting it. Your money management strategy should allow you to play those marginal horses, but not at the same level that you would play your solid picks.

There are several articles and books available on money management, and you can find several systems that should make sense to you. But the purpose of Betmix is handicapping, not money management. We can provide you with a consistent and accurate way to handicap, how you bet those results is up to you. To make money betting on horses you have to be disciplined in both areas.

Get started making money on horse racing by watching the tutorials or trying out the free race of the day.