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: : Major fixes to LOTWONH - horse racing. The horseracing package had the same bugs as pick-3 lottery. The horse racing report generator can be prone to the “62 Error”. That’s because the number of horses in a race varies wildly. The error can be avoided if using two types of data files and SIM files: one group for 12 horses and under, and one data category for 13 or more horses per race. Horseracing as a form of gambling is a very complex phenomenon ruled by theory of probability. This web site offers plenty of information on theory of probability, theory of games, and gambling mathematics. Mathematics of horseracing as digit lottery is extensively analyzed here. The cornerstone is the Fundamental Formula of Gambling (FFG). Let's consider the betting known as trifecta. It requires picking the top three finishers in a race. They use various names in various parts of the horse-racing world. A player can bet trifecta straight (the top three finishers in exact order) or boxed trifecta (the top 3 finishers regardless of order). The names of the horses have no significance in this betting system. The horses receive numbers, very much like in a pick-3 or pick-4 lottery. Usually the horse numbers represent the post positions. It is a mathematical fact that every pick-3, pick 4, digit lottery number has a repeat cycle based on FFG. For example, in 51% of the wins, an individual pick-3 digit repeats after 3 draws. This is also true for a horse race consisting of 10 horses. This represents one simple, the simplest winning system at horse racing in the manner of the pick-3 digit lottery. Look at this simple but undeniable pick3 idea. You only look at the last 3 races in your of the respective track. You choose at random any 3 unique numbers (representing horses). Horse racing can also be treated as a pick-4 lottery, if the top four finishers are considered. The bet is known as superfecta at the U.S. horse racing tracks. Superfecta is offered more rarely than other wagers, but it can pay huge amounts of money. I remember superfecta paid one day $45,000 at Santa Anita, California. And trifecta paid $11,000 at the same track (different days). Analysis of "Horse racing, horseracing bet, betting, wagering software." The software package that deals with horseracing in the manner of pick-3 lottery is named LOTWONH.EXE. It is available as freeware at the FTP download site. It is recommended to study the tutorial of this package in conjunction with the tutorial for the pick-3 lottery package (LOTWON3). You can read some of my messages on horseracing. They show how my horseracing software fared at the Triple Crown races. LotWon was perfect at Belmont 2001: the win, exacta, and trifecta, all straight! You can also deal with horseracing from the sports betting perspective. You can bet on the winner of a horse race, for example. I analyzed several horseracing tracks in the U.S. I think the bettors pick the winner correctly in around 45% of the races. My favorite method is to generate long-shot trifectas. They can pay big amounts, albeit rarely. horse races, horseracing, horses, trifecta, superfecta, exacta, top three finishers, top 4 finishers, post position. Best to bet, betting, bettors, exactas, trifectas, superfectas. write post positions, Triple Crown, Kentucky Derby, Preakness, Preakness Stakes, Belmont, Belmont Stakes. Title: Divide the horseracing software for two groups: up to 8 horses, and from 9 horses per race. It is the best winning strategy with proven mathematical winning strategies, the best gambling software.