Horse Race Handicapping College - Thoroughbred Horse Racing Mistakes and Traps to Avoid - [ Part 4 ]

Kentucky Derby Countdown:

88 Days Until May 3rd and the 134th Kentucky Derby

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

We continue now with Part 4:

#4 - The "All Or Nothing" Trap

So you want to be a successful horse race handicapper? You must never put all your money/wager "all or nothing" on a particular horse, unless you are in a position to lose it all.

The odds of winning consistent "all or nothing" wagers is next to impossible.

Greed has been the downfall of many horse race handicappers and will continue to be one great way to leverage yourself out of the horse racing game.

If you have that much conviction to wager all of your wagering capital on one horse, it would be more prudent to split your wagering capital on several horses for an exacta or trifecta to spread your risk.

In this example, for you to cash in; your "key horse'' would only have to be in the top 2 or 3 finishers. In the "all or nothing" wagering strategy you only have one chance.

To be a successful horse race handicapper, you have to learn to spread your risk and not be greedy. There are plenty of horses to wager on daily. If you are patient and constantly look for value, you too will claim your fair share of the wagering pool.

Consider this; it is you against all other horse race handicappers for any given race. All successful horse race handicappers already know that there is "foolish money" available in every race.

If you plan to be in the horse racing game for an extended period of time, you must not take unnecessary risks, and that includes the "all or nothing" wager on a particular horse.

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.

Visit http://www.HorseRaceHandicappingCollege.com for more information.

Horse Race Handicapping College - Thoroughbred Horse Racing Mistakes and Traps to Avoid - [ Part 3 ]

Kentucky Derby Countdown:

89 Days Until May 3rd and the 134th Kentucky Derby

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.

Horse Race Handicapping College - Thoroughbred Horse Racing Mistakes and Traps to Avoid - [ Part 2 ]

Kentucky Derby Countdown:

90 Days Until May 3rd and the 134th Kentucky Derby

Thoroughbred Horse Racing Mistakes and Traps to Avoid - [ Part 2 ]

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

How many times have you heard someone offer "Free" and or "Insider Information" on the best horse or the long shot that is guaranteed to be the winner?

What about that horse race handicapper getting ready to place his wagers on the next race telling everyone not to bet the long shot or a particular horse, but to bet Horse A, because he is hot and has been in the money in every race this month?

What about a horse race handicapper telling everyone that Horse A is trained by the best trainer at the track and the best Jockey will ride him to the Winner's Circle.

You know, and I know, that those comments are total nonsense!

Horse Race Handicapping is a process and not determined by comments or opinions unless based in actual data and statistics.

[The best trainer and the best jockey can't bring a horse to the Winner's Circle unless the "Horse" has the "Wheels".]

In other words...a horse is like an athlete. Some are better than others, no matter what conditions are present.

That "blow hard" may know what he is talking about, but if you cannot verify what he is saying, then you are throwing your money away.

It is your job as a successful horse race handicapper to block out the nonsense, remain focused, and only wager within your pre-determined strategy.

Horse racing handicapping and wagering, although a legal form of gambling, does not guarantee that the risk of losing your money has been eliminated.

Tomorrow - Part 3

Visit http://www.HorseRaceHandicappingCollege.com for more information.

Horse Race Handicapping College - Thoroughbred Horse Racing Mistakes and Traps to Avoid - [ Part 1 ]

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.

Horse Race Handicapping College - Thoroughbred Horse Racing Throughout History.

Kentucky Derby Countdown:

92 Days Until May 3rd and the 134th Kentucky Derby

Thoroughbred Horse Racing Throughout History.

Man has been known to use horses for racing since this specie was first domesticated. Historical evidences reveal that as early as 4500 BC, the nomadic people of Central Asia had already developed systems of horse racing. In fact, the Greeks are known to have incorporated horse racing in the Olympics since 638 BC.

Both the chariot horse racing and the mounted horse racing were popular during these ages. These later became an obsession among Romans when they adopted the sport.

For thousand of years that followed, the horse racing sport was known to be performed only for the noble men and royalties, and was subsequently labeled the "Sport of Kings".

Modern thoroughbred horse racing is said to have started in the 12th century when the first breeding between Arabian and English horses were made. These were sparred by the return of the noble knights to the mother land after the Crusades. These are known to have produced sturdy horses with excellent speed. Thus, breeders maximized the potential of a racehorse and put them into specific races. This breed is the Thoroughbred Horse that we know of today.

King Charles II was known to have held horse races at his private courses during 1660 to 1685.

By the 16th century, the English had been known to produce a number of racecourses. Queen Anne who founded the Ascot in 1711 is known to have made horse racing an official sport.

Halfway in the 1700’s, the Jockey Club was created through the initiation of the elite figures involved in horse racing. This organization was the first legion of jockeys that established the comprehensive rules and regulations including the standards as covered by the sport. Thus, they became the overseers of the sport and sanctioned horse racing events including the beginning of horse race handicapping.

The Jockey Club was also the initiator for the regulation of breeding among horses. Thus, James Weatherby, an accountant of the Jockey Club during those times, traced back the family lines of all racing breeds in England. His researches brought forth the publication of the General Stud Book, which was basically, the basis of authority in terms of the breeds that could be put to race. According to the General Stud Book, only those pedigrees that have descended from the line of the “foundations sires” are considered as Thoroughbreds. The foundation sires are the: Byerley Turk, Darley Arabian and Godolphin Arabian.

Only in 17th century did the sport arrive in America for which the very first racetrack was seen on Long Island. While it has become a favorite past time among Americans, no one initiated the formalization of horse racing until after the Civil War. Because of the already-established obsession plus the industrial development, and widespread gambling on horse races, the sport grew largely by the year 1890 when 314 operating tracks were known to be in regular operation in the country.

Due to the lack of a governing body, this sport had become purely dominated by criminal elements. In 1894 though, the most prominent and high-ranking stable owners met and organized the American Jockey Club which was patterned on the system as used by the Jockey Club in England.

Nowadays the sport has reached various countries across the globe. Governing bodies were also formed to regulate the horse racing events.

___________________________________

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.