Profits From Horse Racing

The  honest truth is that many people regard making a decent regular income from horse race betting is impossible or something that they need to have long experience in this field. In fact I believe that anyone can make regular profits by building up their betting tank and increasing their betting levels in accordance with their betting tank. You can get this with discipline and patience. I also recommend that you learn the logic of betting to give yourself a good start to build from, I have gathered some brilliant training information to help you with these steps.

The first step  to success is in act like a Betting Pro, you must have clear options, each and every day, you must understand that in order to make profits there will be losing run as well winning run.  The fundamental rules of betting like a pro is that betting on horses is similar to any business where you are awarded for right decision you make and get punished for wrong decisions.I have seen people come to betting field with lot of enthusiasm but after few losing runs pack up and disappear.This is not the right approach.

Which race type to back:The fact is every types of race has great chances of making profit.One has to apply right approach.It is no good backing a horse in handicap race with 18 runners which has half the field with chance of winning the race.You have to be selective.Selection has to be the one with clear cut winning chance.There are good reason behind this selsection.There are lot of pointers.For instance a horse who was second in his previous handicap race and was favorite has far more better chance to win then a horse with short price favorite who in running for the first time.

Value Betting:Value betting is always related to past performance of a particular horse.If horse was a favorite in the last race and finished second(the winner was a group horse running for first time in a handicap race) is a value bet.One has to check and learn that odds plays a major part in any horse racing betting situation.

Your Betting Bank: Before you start your betting business you must have sufficient betting tank.You must put money aside just for betting purposes.(alway bet what you can afford to lose.If you follow this golden rule you understand psychology behind horse racing betting game)

Stake:You must have a staking plan.For instance if you have a betting bank of $500,your regular stake should be $25 at 3/1.This way you can afford to sustain a losing run of 20 bets before you have to add more funds.I must stress that losing run of 10 to 16 are common and winning run can be the same.So you see this situation.Horse betting is wonderful game with great profit pontials.