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.

Horse Race Handicapping College - Thoroughbred Horse Racing Mistakes and Traps to Avoid - [ Part 6 ]

Kentucky Derby Countdown:

85 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

#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.

Horse Race Handicapping College - Thoroughbred Horse Racing Mistakes and Traps to Avoid - [ Part 5 ]

Kentucky Derby Countdown:

86 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

#4 - The "All or Nothing" Trap

We continue now with Part 5:

#5 - You Win Some - You Lose Some

Thoroughbred horse racing is just a game, and you or any horse race handicapper will not go undefeated. Just because horse race handicapping is a legalized form of gambling, does not mean that you can wager recklessly.

If you are on a "hot streak" - do not get greedy and wager out of your money management parameters. We suggest that no more than 5% of your wagering capital be used on any given horse race. This rule is in place to protect your capital. If you plan on being a consistent and successful horse race handicapper, then this rule must never be violated.

On the other hand, there may seem to be times when you could not pick a winner, even if the famous horse race handicapper, Andrew Beyer, told you it was a sure thing. Do not get discouraged, knowing that all horse race handicappers have losing streaks.

You will be able to stay in the game, if you are not violating your money management rules and you continue to seek value in each horse race. If the value is not there, there is no need to wager, just because there is a horse race.

Horse racing- it's just a game...it is not YOU against the track, it is YOU against all horse players that are wagering.

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.

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 Video

Kentucky Derby Countdown:

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

The Tuesday Thoroughbred Horse Racing Video this week reflects back on the 2001 Belmont Stakes. Point Given stalks the field and runs away. An excellent example of an excellent trip, track positioning, and late speed by a true thoroughbred horse.



If you elect to participate in the "Sport of Kings", it is imperative that you become educated in the nuances of horse racing. 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.

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 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.