Thursday, November 29, 2007

Dog Player Fact Sheet

By Jimmy Mayon
There are many, many strategies when it comes to horse race betting. Some players are impulsive bettors. Some players are more systematic. Some players are cautious. Some players get their thrills from placing wagers on risky bets. Despite the numerous claims about "guaranteed" scientific methods of horse race betting, this type of sport is really a gambling deal. There is absolutely no way to forecast an actual win, but there are many strategies as to how to achieve a certain (and hopefully) desirable result in the race tracks. One of the more risky strategies for horse race betting is to bet on the underdogs of the race.

The term "underdog" was first coined sometime after 1875. This is in direct reference to the hierarchy of a pack of wolves (or wild dogs) where one dominant animal always gets the bigger share of the kill. These days, the term is assigned to any entity that is not expected to win in any contest or conflict – or in this case, in any race. It is also assigned to any entity that seems to be always at a disadvantage over its peers. In horse racing lingo, "underdog" can also translate to "longshot."

A dog player is usually a seasoned bettor who likes to risk a lot by placing wagers on the underdogs of the race. Now to many this may seem strange, since underdogs seem to have little or no chance at all of crossing the finish line in first place. As stated early, this is a horse betting strategy, one that a lot of seasoned bettors use, and one that can have a huge pay-off if it succeeds. Underdogs, as a rule, usually have less players betting on them. Most bets go to the top favorites, of course. This basically means that the odds of the underdog winning are so high, that if indeed the horse wins, the pay-off for the players would be enormous.

During the 1930 Travers Stakes at the Saratoga Race Course, the underdog Jim Dandy won over the crowd favorite Gallant Fox. It was an incredible upset from a barely known underdog racing horse. The odds of that happening were pegged at 100-1.

In the field of horse racing, perhaps one of the most famous and probably one of the best documented of all the underdog champions was Seabiscuit - the thoroughbred horse that became the unlikely symbol of hope for many Americans during the Great Depression. Seabiscuit was an ungainly looking horse: undersized, knobby-kneed, and never won any of his first 35 races.

Jimmy Mayon (MBA, BSEE) is a technologist with an enthusiasm for Horse Racing. During the last 25 years he has been managing banking and online transaction processing technologies for private and public sectors. Today he specializes in open source development using Java, PHP, Linux, and MySQL. KANATI Inc. www.kanati.com.ph

Article Source: http://www.ArticleBiz.com

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