This is a fully updated edition of the ground-breaking look at horserace betting, first published in 2004. The Definitive Guide to Betting on Horses is crammed with the expert views of many of The Racing Post journalists. Among the gems included are: The winning approach to betting on the Classics and the big festivals by Pricewise (Tom Segal); the types of races and horses that are best for betting by The Racing Post handicappers, consistently the most successful tipping team; how to spot a potential winner by senior Racing Post race-reader Graham Dench; a complete guide betting exchanges and how to make them pay by top Racing Post betting editor Paul Kealy; the importance of speed figures by expert Nick Mordin; plus a full breakdown of the effect of the draw, how to find value, a guide to spread betting, bets to avoid, betting systems and how they work, and much more.