Kentucky Derby Countdown:
91 Days Until May 3rd and the 134th Kentucky Derby
Thoroughbred Horse Racing Mistakes and Traps to Avoid - [ Part 1 ]
Thoroughbred horse racing offers an unlimited number of ways to win money and maximize your chances of winning, but an equal or greater number of ways to lose your money and keep you from the kind of money that you deserve.
Horse Race Handicapping is relatively easy to do; however, consistently winning from your handicapping selections is entirely different.
To be a successful horse handicapper and consistently cash in winning tickets, you must avoid some common mistakes that all handicappers have been known to make. Just because you have experience in the horse racing game and have been a horse race handicapper for years, does not make you immune.
Mistakes and traps will follow anyone who becomes complacent.
In the next several posts, I will discuss several of the mistakes and traps that any horse race handicapper must avoid in order to stay in the game and be a winner.
#1 - Foolish Wagering on the Early Races. Don't blow your Wad on any given race. Some horse players are motivated by the action and feel that they have to wager on every race. You need to be selective. Invest your money only in the best wagering races. Always be looking for value with the highest possible returns.
I have said it once, and I will say it again...
"You should always use a solid money management system without exception, using no more than 5% of your wagering capital on any given race."
"Always wager with money that you can afford to lose and do not be greedy, there will always be another horse race to wager on."
If you are making your own handicapping selections or following some other service or system, there will be times that you can never find the winner; however, if you follow the 5% rule, always look for value, and don't get greedy, you will be a successful horse race handicapper.
Horse racing handicapping and wagering, although a legal form of gambling, does not guarantee that the risk of losing your money has been eliminated.
Come back tomorrow for #2...
Visit http://www.HorseRaceHandicappingCollege.com for more information.
