Kentucky Derby Countdown:
89 Days Until May 3rd and the 134th Kentucky Derby
Thoroughbred Horse Racing Mistakes and Traps to Avoid - [ Part 3 ]
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.
#1 - Foolish Wagering on the Early Races. [Always Seek Value]
#2 - Don't Let Nonsense and Hype Change Your Mind
#3 - Magnetic Effects of the Tote Board
Have you ever been influenced by the Tote Board?
You make your selections in advance and you really like the #2, #5, and #8.
Then the magnetism of the Tote Board draws you in. You note the #2 is 2-1, #5 is 10-1, and #8 is now at 20-1. You also note that the #3 is listed at 9-5.
What do you do? Although the Tote Board may display correct information, a successful horse race handicapper will usually not discard that #8.
They would probably take another look at the #3; maybe something was overlooked in the initial evaluation. Upon further review, the #3 looks to have more potential than what you had previously thought. So instead of ignoring the current information, you might want to include the #3 with your initial selections in the form of an Exacta or Trifecta.
That way if the #3 does make the board, you could be rewarded with a handsome payoff, especially if your long-shot #8 is in the mix.
Successful horse race handicappers are known to do their homework in advance. They still watch the Tote Board, but do not make foolish decisions, just because the Tote is flashing numbers.
If your strategy is sound and you use sound money management, you will succeed.
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.
Horse racing handicapping and wagering, although a legal form of gambling, does not guarantee that the risk of losing your money has been eliminated.
Fact: Only 2% of all horse race handicappers actually make money wagering.
Visit http://www.HorseRaceHandicappingCollege.com for more information.
