During my many years of following and being involved in horse racing, I have seen several dozen advertisements and websites all claiming to have the best horse racing system out there.

The industry is now becoming saturated with, I'm afraid to say, not so legitimate offers of being able to make anyone a millionaire overnight, simply by using their horse racing system. This should be the first warning sign for any prospective buyer, as there is no silver bullet in this game and becoming wealthy in a matter of days is simply unrealistic and untrue.

As I run a successful horse racing tipster membership service myself, I find that I spend some of my time researching the competition, keeping my finger on the pulse. Seemingly daily, I will receive many, many emails and items of direct 'junk' mail - all stating that for a fee or subscription charge they can provide me with what they believe is the best horse racing system that's available on the market, and it's a worry to me, it really is.

Praying On The Impressionable

You see, more and more people than even before are looking at their lifestyle and wanting to better it, by getting out of the nine to five rat race and earning money whilst spending more time at home. There are of course literally hundreds of home-based business opportunities out there that are completely kosher and enable people to spend more time with their families, whilst being able to build up a nice income and long term nest egg, all from the comfort of your bedroom.

This trend was noticed some five years ago and is now being exploited to the full by canny, yet unscrupulous businesses. They know that there are people who are looking for that magic formula that enables them to work from home, and they're prepared to make their proposition sound as attractive as they possibly can in order to get you to hand over your hard earned cash.

This article is by no means meant to scare people to never trust any online or home based business opportunities. I simply want to highlight to people to be wary and cautious of outlandish claims and to always do your research, even contact the business owner by email or by phone, to give yourself peace of mind. That said, here's my take on two of the most popular so called best horse racing systems that you may encounter:

Horse Racing Tipster Services

I know of many genuine services out there that are very successful and have a happy following of satisfied members, most of which are probably paying for the service. In my own experience, most members are happy to pay, as long as they are getting value for money and good quality tips from you. Some services require you to do a little research yourself, whereas others will do it all for you.

Once again, some of the claims that you need to be wary of are; very high strike rates (in the region of 85% or more), never having had a losing month (this is again very unrealistic - even the television pundits get it wrong) and of course the classic hook of being able to become rich overnight.

My advice would be to do your research and initially see which services offer a free trial for prospective members. This is a great way to test and see if it's both legitimate and suitable for you. Also, do not be afraid to contact the owner with some specific questions. You may already know the answers to these questions, or they may be part of the services promotional material, but what you are doing here is checking the reliability and response time of the service, as well as confirming their credentials too.

Racing Software Systems

I'm not known for being controversial, quite the contrary in fact, however this is a topic that really gets me going. Once again I have researched this area of the industry a lot, and from my research these systems failed, unequivocally in every case. I do tend to be over analytical at times (sometimes it helps in this game), but it does stand to logic that how can a software system, even with the most elaborate algorithms pick or predict winning horses with a 80% or more strike rate? Horses are not machines and there are lots of factors that influence a race; going, course, jockey to name a few.

This has to be one of, if not the most unscrupulous of all the horse racing scams going. What tends to fool people is that it takes the hassle out of selecting horses, as it automates it for you and this is so convenient isn't it? These systems are also generally sold using a high tech website or very glossy brochure, all designed to give you a particular impression. I'm not ashamed to admit that having researched some of these type of products, I ended up losing a substantial amount of money, so my advice would be to steer clear of this type of horse racing system.

I have only briefly touched on two of the areas of this industry that I feel you need to be particularly cautious with. Some of this is based upon my own research whilst the rest has come from people I know, who have unfortunately been caught out in the past. I hope this has shed some light on what to look out for but whatever you do, do not let it affect your enjoyment of this most wonderful 'Sport of Kings'.