Tips for betting on horses racing

When using any horse racing system there are some tips that can help us win more or at least not lose so much money:

1.) Never bet more than you can afford to lose

That should be obvious, but unfortunately too many amateur players take risks, hoping that this is the big win they need. The only way to have a chance of winning in the long run is to have a consistent plan and use a dedicated betting bank that doesn’t contain more money than you would be willing to lose completely under the worst circumstances.

Once you start betting amounts that you cannot afford to lose your judgment, you will inevitably be affected. Also, there is no emotion in putting your financial future, or even your family’s financial future, on the line.

2.) Remember that there are no certainties

If you study probability you will learn that absolutely nothing is impossible. No matter how big something looks, never bet your last penny on it. Scientists only talk about probabilities. It is considered very unlikely that the moon will hit the earth tomorrow, but it is not impossible. When things go wrong, as they sometimes will, then you will live to fight another day.

3.) Be flexible in your approach

There’s more than one way to win at gambling. An approach that works for one client may not work for another. Experiment to find approaches that work for your bets and then spend enough time with them to let them work over time. At the same time, however, don’t close yourself off to other possibilities.

There are many approaches you can study to back up, place, negotiate, referee, bet on execution, use software to improve trading or betting. Among the free systems we will send you from you can find two or more methods that, when combined, give you the magic edge.

4.) Keep track of your bets

Record keeping is essential. You can start building a picture of the bets that work for you and the ones that don’t. Without record keeping, you’re shooting in the dark. Of course it’s hard to have to write down those painful losing bets when you’d rather forget them, but if you want to have long-term success from your bets, you need a record of your failures as well as your successes.

5.) Don’t bet on emotions

Gambling in situations of emotional involvement should be avoided at all costs. It should be obvious, but never bet on your favorite football team just because you are desperate to see them win. Your bets should be guided by the value you can get from a win. Not just what you think is the probability of a win.

The most successful players have no emotional involvement in the outcome of a sport. If you want to watch a race or a game to enjoy the game, do so without having to gamble. It also means that you won’t have the chance of a double disappointment if your favorite team loses and you also lose a bet.

6.) Only gamble in situations where you think you have an advantage

If everyone else knows what you know, then you can be sure that your “safe bet” prices will be at their lowest level. You can make a modest profit this time, but betting this way for the longest period will never bring you a consistent profit.

Look for horse races or other bets where you think the odds on offer are higher than they should be for the true probability of winning – call these “Value Horses” – and you’ll have profits to be proud of in the long run.

7.) Don’t let strange results confuse you

As I said in the first part, there is no such thing as certainty. Therefore, you should make sure that you don’t get caught up in changes of course that you didn’t expect. If you are following a really good racehorse that gives you high expectations and meets with an unexpected defeat, don’t let that event discourage you from backing it up in the future.

Take your time to analyse an unexpected defeat and you’ll see that a good opportunity is just around the corner, while the less-wise majority have given up on it.

8.) Look for situations where others are gambling emotionally

I said in the first part that you shouldn’t bet with emotion. However, there are opportunities when you can see that others are doing exactly that.

In times when everyone is looking for instant gratification, there are many occasions when customers are fooled too easily by a single good performance. So the players will start betting only on the excitement.

9.) Strategize

Get a strategy and stick to it. Don’t bet on whims. That doesn’t mean you have to be inflexible, but you have to gamble in a structured way.

If you make small bets to have fun on weekdays, then at least try to take your weekend bets as a serious business with heavier bets. Better yet: ‘However, leave out the “fun” bets. Ultimately, it’s much more fun to systematically win than to lose at random.

10.) Enjoy your bets

To put it another way – you just have to know when to stop. Stay alert and always try to be honest if you ever feel that the stakes are running away with you. A long losing race tells you that you must change your system.

If you’ve followed the other rules ‘even though you won’t give up, you’ve gotten yourself into a situation where you’re painfully losing money. Be prepared to stop and take stock. Gambling should be a pleasure, but not an adrenaline rush. If you ever feel like you need help from a counselor to get back in control, take it as soon as possible.