Kentucky Derby Countdown:
85 Days Until May 3rd and the 134th Kentucky Derby
Thoroughbred Horse Racing Mistakes and Traps to Avoid - [ Part 6 ]
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
#4 - The "All or Nothing" Trap
#5 - You Win Some - You Lose Some
We continue now with Part 6:
#6 - Placing Your Wagers at the Last Minute is a "No-No"
Horse racing handicapping is serious business, and if you plan to be long-term player and a successful horse race handicapper, you must do your homework in advance.
You are committing horse race handicapping suicide, if you make a habit to stand in line or place that wager at the last minute.
If you do not have the conviction to place a wager in advance, then how do you plan to place a wager at the last minute with any clarity? You might as well get your picks from the parking lot attendant, place your wagers, and then go home.
There are so many factors to consider in your wagering decisions, not to mention how to place the wager, to receiving value in your selection. I guarantee that you will overlook some key indicators by waiting till the last minute and rushing to the window.
Waiting until the last minute, horse race handicappers, sooner or later will face the reality that they will be shut out of a big payoff, because they did not get the wager placed in time.
Allow yourself plenty of time to place your wagers, and you will have time to check your ticket carefully and change it, if you, or the clerk, made a mistake.
There are so many factors to consider in horse race handicapping. The one that you have complete control of is the timeliness of placing your wagers.
"Haste Makes Waste", even for horse race handicappers.
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.
Part 7 Continued Tomorrow
Visit http://www.HorseRaceHandicappingCollege.com for more information.
