“I spent $25 to go out to Sam Houston Race Track and have a few hours of fun.”
Good way to look at it. 99.9999% of individuals who gamble on horses lose money whether they want to admit it or not! You cannot beat the “take” from Pari mutual pools.
I heard people all my life tell about going to Vegas and hitting a $1,200 jackpot at the slots. If you press them they’ll admit they put it all back in PLUS some before they left.
Now, with my system of betting horses, I will more than likely win money...probably 75% of the time. It’s all about the jockeys. I bet one of the winningest jockeys across the board until he wins. Then I’ll switch to the next best jockey who hasn’t won yet. And I don’t look at the odds.
(One day Jerry Bailey won the first four races. and I wasn’t betting on him. That was a day I didn’t do too well.)
But back to the “system”, even if that winning jockey doesn’t win, he’s more than likely to be in the money so you get some of your bet back.
Try it out. It works. But you have to have faith and keep betting on your jockey until he comes in.