08 February 2008

Horse Race Handicapping College - Thoroughbred Horse Racing Mistakes and Traps to Avoid - [ Part 7 ]

Kentucky Derby Countdown:
84 Days Until May 3rd and the 134th Kentucky Derby

Thoroughbred Horse Racing Mistakes and Traps to Avoid - [Part 7]

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

#6 - Placing Your Wagers at the Last Minute is a "No-No"

We continue now with Part 7:

#7 - Losing Your Cool if You Fail to Place a Wager

This is an easy one, so I hope you are not the one that I am talking about here.

Imagine that there is a "Big Pick 6" and you fail to place your wager on time. If you lose your "cool", you probably should call it a day and not wager any more.

Because at that time, you are not in a state of mind to wager responsibly, and will in the course of your anger, will "double down" on the next race.

In an effort to recover what you think you lost by not participating in the Pick 6, you will violate your horse handicapping strategy and money management rules. By doing this, you will be playing in the hands of the professional horse race handicapper. They will be more than happy to take your "foolish money".

A successful horse race handicapper, will seize that moment as an opportunity to participate in the other exotics that may also be available after that.

On any given day, there are countless number of horse racing events to wager on, including countless exotics to place wagers on.

Horse racing will continue and the game will go on with or without you.

There are an infinite number of conditions that you do not have control of as a horse race handicapper. Your positive wagering attitude is something you do have control of.

Part 8 Continued Tomorrow...

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.