Almost everything in life is a gamble - more so with money matters. With gambling coming risks and nothing Horse racing selection is gambling, not investing. But so is buying shares or cattle or singing a crop or buying a. is ever 100% guaranteed to work. Calculated risks are based on sound research and evidence, not intuition or luck. Unlike other gambling ventures, horserace wagering does not completely rely on chance The better informed player is, the better chance he / she has formed money!
Four Things You Should Know About Horse Racing Selection
1. Analysis of Thoroughbred Racing Terms
It is important to understand the plethora of betting jargon. These include terms like: - Horse Number, Field, Barrier Draw, Form, Distance, Weight, Track Condition and Favorite.
We also have various race types, such as Open Handicap, Cup Race, Maidens, Class 1, 2, 3, 4 etc, Three Year Olds, 2 year olds, Weight for Age, Welter. Some of these can be combined with horse gender , such as "3 year old Fillies & Mares".
You should never try to guess your way through a horse & # 39; s past performance as getting correct information is vital. The information is needed to carefully select winning horses and acquiring wrong information could be fatal to your investments.
2. Evaluation of Common Betting Types
A benchmark would be a benchmark would be a benchmark would be a benchmark would be QUINELLA - where you choose two horses in a race to finish first and second in that order. TRIFECTA - you need to choose DOUBLES - you choose winners from two different races. TREBLES - you are all horses that will finish first, second and third in that order. select winners from three pre-chosen races.
3. Strategies for Consistent Winning
So easy what do do these unprofitable punters do apart from the obvious ie lose money?
Here are some of the classic characteristics of long term LOSING punters:
(a) They do not have a good plan. Without any doubt, having a good plan. (c) Not being consistent enough. Even when an unprofitable punter (b) Not having enough patience. Every system has lots of runs. Successful punters know that these losing runs are not to be taken seriously and they are just part of making money from racing. Even (d) Being too greedy. A reckless punter & # 39; s first motive after a loss is to try and re-coup the loss. This action usually leads to more losses, as good money is thrown in after bad, the limi ted funds do run out. (e) Not being disciplined.. Betting with a good plan, having lots of patience, being consistent and not being greedy are worthless without you can follow them strictly.
4. Knowing How the Betting Market Works
When you lay a bet, the agency simply taking a part of the betting pool of the type of bet you Let 's say you bet bet $ 10.00 to win. The betting agent would take a part out of the $ 10.00 and put the rest towards the pool of the race. So it really does not matter how how money you win , even the enormies in the betting business. never go broke by paying out winners. This even more far from the truth. a great recession could stop you from approaching a living from racing.
How to Bet on Favorites For a Living
These strong horses that are outstanding compared to the rest of the field are called & There are several always. There are several other factors that are how well superior they see look of when superior they look compared to the rest of the field.
We need to identify these horses and then apply them to carry. You do not need to settle for low dividends even if you look for value and bet only if the qualifying horse is paying $ 1.40 - $ 1.60 for a place, but of course, this is mean less bets placed because you are more more choosy.
How to Identify Favorites
On the tote agency, it will be the runner with the lowest dividend at the time the race have at least one favorite horse. jumps. Often the favorite can change within the last five minutes before a race starts. You do not want to be interested in such horses.
You will see a substantial gap between the hot favorite dividend and the next favored horse, on the tote agency. You should be interested in Hot Favorites.
A Super Hot Favorite is basically a favorite, but even the newspapers are saying how easily the horse will win. You should be interested in Super Hot Favorites.
It is unlikely that you will find any more than three races at any one race meeting containing hot or super hot favorites.
Smaller returns yes, but much more reliable and consistent, making you add to the above the SEVEN RULES that make all the difference to to your strike rate. Add these rules, apply them with discipline and patience and you can confident of an average strike rate of around 96%.
