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A Tribute to Thirsk Racecourse  Telephone:   01845 522276 today's date  Sun 18 Nov 2018
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Several Horse Racing Tips for Winning More and Losing Less
By Bill Peterson

Now that we've gotten that out of the way, here are tips to lose less. Start out with a mindset that you're going to control you money by doing simple things that will make money management automatic so you can concentrate your full energy on picking winners. One way to do that is to only take as much money as you can afford to lose into the race track or otb. If you're betting online, then set a limit for your self and stick to it. This may mean that you keep a little pad beside the computer and write your bets, wins and losses on it.

"Wait a minute," you may say, "I can just check my balance online, I don't need anything as hokey as a pad beside the computer to know how much I've spent."

You're right, in a way, you don't have to write it down as long as you don't mind constantly clicking on that button to check your balance. You'll have to keep it in the back of your mind and it may hinder your thought process, however. That's why I like the simple pad and total idea. It is right there, easy to see, and always handy. You'll know how far ahead or behind you are.

Now that we've got limiting losses taken care of, let's talk about picking more winners. Betting on long shots is one way to hit big winners and make serious money. Chasing horses at long odds because you want a big score is also a good way to go broke. After all, they are long shots for a reason.

Longshots that really do win and make money are rare and you should have a system to rate horses at long odds to know which ones have a chance.

I don't say you shouldn't bet longshots, some of my best days at the races were thanks to long odds horses. I am, however, recommending that you stick with horses in the mid odds range for most of your play. Favorites just don't pay enough to make them profitable and longshots win so rarely that you need a sizable bankroll to hang in there. In order to actually make a profit and stay in the game, the mid range odds horses are the best bets most of the time.

If you want to learn how a horse owner and insider handicaps just go to http://williewins.homestead.com/true.html and get the truth about betting on horses and winning. Bill Peterson is a former race horse owner and professional handicapper. To see all Bill's horse racing material go to Horse Racing Handicapping, Bill's handicapping store.

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