Cherry Charlie118: Pari-Mutuel wagering

Wednesday, October 28, 2009

Pari-Mutuel wagering

It is only making good bets and there is no best method, system, theory or strategy and there is no secret formula to handicapping or betting because every race and situation is different. It is a game of choice as well as decision making and as much as we are looking for a probable winner. Choices and decisions making apply to anything and everything we do and usually it is based on our own point of view.

In anything that we do, our mind plays a very important role. What we think can affect our feelings and as well as our betting on the correct horse too. It can either make us or break us.

The Turf Club makes its money no matter which horse wins and that is why it is called Pari-Mutuel wagering.

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When we select and place our bet on a particular horse, we are saying we based on our interpretation of the information gathered and received by us. We believe that by reading and interpreting it correctly we have done our homework well and endeavor to predict the outcome of the race correctly on that particular horse to win. It isn't the horse's true chances; it is our interpretation of the information gathered by us. This moves the conflict from the horse's real and true chances to our abilities against the crowd. We are betting the horses on the basis of their probability of winning as per our own handicapping skill.

It is only making good bets and there is no best method, system, theory or strategy and there is no secret formula to handicapping or betting because every race and situation is different. It is a game of choice as well as decision making and as much as we are looking for a probable winner. Choices and decisions making apply to anything and everything we do and usually it is based on our own point of view. The Turf Club makes its money no matter which horse wins and that is why it is called Pari-Mutuel wagering.

Do not trouble yourself much to get new things, whether clothes or friends.

Books and friends should be few and good.

Choose your friends carefully you never know who is on your side, and remember the truth shall prevail.

One loyal friend is better than ten thousand family members.

The better you know someone, the less there is to say. Or maybe, there's less that needs to be said.

Friendship is unnecessary, like philosophy, like art... It has no survival value; rather is one of those things that give value to survival.

Everyone is a friend, until they prove otherwise.

Life is not fair; get used to it.

Everyone is wise till he speaks.

A man interest in the world is only an overflow from his interest in himself.

Men’s natures are alike; it is their habits that separate them.

Sport do not build character, they reveal it.

How a man plays the game shows something of his character, how he loses shows all of it.

Outside influences do affect you.

When you work for others you do things their way or else quit.

What goes on behind closed doors isn't always pretty.

Wise men say, only fools rush in.

People tend to have every circumstances to their benefit and having an extremely high opinion of themselves and driving need to be center of attention.

Human nature is the same all the world over.

Never be boastful someone may come along who knows you as a child.

If we stay straight do not fear a crooked shadow.

Settling a dispute through the law is like losing a cow for the sake of a cat.

When there is a demand there will always be supply.

New players will step in and it is an eon.

However in real life, noting is absolute.

We are surivours and we do anyting to survive.

Lots of times humans have to parade in which they are not really interested in order to get where they are going.

Mutual gifts cement friendship.

Warm food, warm friendship.

Friendship is a plant we must often water.

Discipline and Patience cannot be taught. Either you have it or you don't.

If a man is to do something more than humans, he must have more than human power.

A man's conversation is the mirror of his thoughts.

Different things run in different families.

We come from different background and we must keep in mind that we learn what we live.

No two things are identical.

Two human beings living in the same world with the same set of circumstances can experience life so differently just by the way they think.

It is false opinions that ruin others.

Many people are making all sorts of claims regarding anything.

There are a lot of sharp eyes to spot the controversies and discrepancies.

Somehow or rather, we have heard them all beforehand this is an on going and precedence.

If we tolerate every piece of information as equally true we will not survive.

What do we get out of the/that endless debates.

We do not know what goes behind closed doors.

One may outwit another, but not all the others.

We can be more clever than one, but not more clever than all.

If we are lucky and brought up in a way that empowers us then we would have a better start in life then others.

A single meaningful and calming statement is better than one thousand pointless ones.

Unless we are putting money on it nothing is at stake.

No speech but facts convince. This does not apply to fools and donkeys.

If everyone thought alike no goods would be ever sold.

If all pulled in one direction, the world would keel over.

Every man thinks his own thoughts are the best.

Who find a faithful friend finds a treasure.

Wherever we go habit and character go with us.

Five fingers are brothers but not equal.

We must realise that our likes and dislikes are not necessary shared by others.

Parents and the best teachers can give everything but commonsense.

Guests like fish began to smell after three days.

A guest and a fish after three days are poison.

There is no way to judge risk and similarly no way to judge expertise. In a very essential way there can be no real experts, It is their educated guesses and approaches trial and error procedures. The real expert is us.

Cherry Charlie118

Wednesday, October 28, 2009

Pari-Mutuel wagering

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