The fastest and best way to make money on horse racing is to cash big win tickets on long shots. That isn't exactly a revelation. However, knowing when a horse is really live is no easy trick. There are people who quietly sit and watch the pools and the horses to know when a horse is live. They know the longshot secret.
The top two reasons horses go off at long odds and then win is that the barn has either, a. gotten the horse past a problem it had, perhaps by adding a tongue tie or blinkers, or b. held the horse back until they got the win odds high enough to make a major score by betting their own horse.
Horse are held back all the time. It is no secret in horse racing, and though the stewards try to curb it, no one can stop it. When a horse appears very good and is the favorite and loses, the stewards may ask questions. A wise trainer usually has a good excuse. After the horse loses a few more times, it usually convinces the public, and maybe the stewards, that the horse really is going sour.
Naturally the odds go up and when the time is right, the fit and ready horse wins. The stable and any one who was in on it wins big. I don't know what percentage of winning longshots were held back and what percentage were just horses that a good trainer managed to turn around in a hurry.
The term, "training race," is used to describe a race where the jockey is just exercising the horse and not trying to win.
Some jockeys will go for this and others won't. You may see a jockey get off what appears to be a good horse and get onto an inferior horse and ask yourself why. Sometimes it is because the rider knows the horse is losing its form and other times it is because he or she has been told to give it a training race.
Does this mean you shouldn't bet on horse races? Certainly not. It does mean you should just learn how to tell the difference and then you will be one of the few who knows when the barn is trying to win with their horse or just giving it some air. There is no guarantee that they will be successful at winning with their long priced horse, but when they do, the profits are huge.
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