There's no such thing as easy money when it comes to horse racing handicapping for the long haul, but sometimes a long shot bet comes along that's pretty easy to spot. There are several that I've played over the years that have helped me to cash some nice tickets. I don't recommend that you sell the farm and think you're going to get rich off these wagers, that just isn't going to happen and they're as risky as the words long shot imply.
On the other hand, if you like the heart pounding thrill of betting on a horse at long odds and seeing it win once in a while, these bets will fill the bill. You also won't have to do a lot of searching to find them, and that's a big plus. It does take a lot of effort and dedication to make a profit handicapping horse races, but scanning a program should be enough to find these bets.
Some people shy away from maiden races because they are unproven horses. On the other hand, one thing is almost always true, when it comes to non-winners, what you see is what you get. Remember, I did say, almost. I say that because there is one maiden wager I've found that sometimes goes off at good odds and pays well.
I'm talking about horses who haven't won in the maiden special weight (MSW) ranks and who are dropping into the claiming ranks for the first time. There are several trainers who purposely put a young horse in a race where it is over its head and give the rider instructions not to push the horse. These races in the top of the maiden ranks are nothing more than workouts for these horses.
Once the runner has had one or two races in the top class races the trainer drops the horse into the claiming ranks. Sometimes you'll get lucky and the horse will go off at long odds because there is a maiden who appears ready to graduate due to a good race or two at that class level. The horse dropping out of the MSW ranks on the other hand, appears to have very little interest in running. Bettors will often send these off at surprisingly good odds.
Look for a horse dropping out of MSW races that ran along behind the others and showed little. When you see one win note the trainer. Then follow that trainer's other horses and you'll often see him or her pull the same trick again and again.
Longshots are the best bets when you know how to rate them with Bill's Longshot Rater at http://williewins.homestead.com/. Bill has been around Horseracing for 50 years and knows how to spot a good bet and loves to teach others. He is a former race horse owner and professional handicapper. He comes from a horse race handicapping family and as he puts it, "Horse Racing is in my blood." To see all Bill's horse racing material go to Horse Racing Handicapping Bill's handicapping store.