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posted December 29, 2008 at 15:30 EST in Horse Racing Articles

How to Bet on Horse Racing

Bookmark and Share by Brian Mulligan

In the current economic climate, horse players as well as doctors, teachers and bus drivers and the like, are having a hard time keeping their eye on the ball but one thing horse wagering can do is to try to gain momentum by turning over winning bets.

The concept of gambling is, of course, different for all involved and some people just like the action. Others like to feed the ego with winning wagers, whether it be on football, baseball or horses and yet others deep down in their heart of hearts want to lose for some reason.

For horse bettors, the sooner they can resolve the issue of why they are at the track the better off they will be. If they are just sportsmen and love to watch and wager on the equine athlete, that’s one thing. But if the concept is to win money, then players have to approach the game with some guidelines and some strategies that will give them the best chance of winning.

Face it, nobody likes to lose but losing is part of the game. Think of the baseball player who is probably making close to $20 million a year but yet doesn’t get a hit two thirds of the time.

To maintain sanity, horse bettors today more than ever have to have the ability to win as many races as possible. Avoiding losing streaks, but limiting risky wagers, could be the best advice to keep one’s head above water in these times.

As we approach 2009, it’s time to get back to basics. That will mean assessing one’s bankroll and instead of shooting for the moon, the carryover pick six or the Super High Five, the best avenue could be to just start isolating solid bets that will keep one in action daily with the hope that on the rare wager where you ‘take a shot’ that that shot will be rewarded.

The horse players today, between bail outs and take overs and collapsing banks, need to focus on making winning bets no matter the price.

It’s time to manage money like one has never done before and it means to use that bankroll to its fullest potential.

Instead of betting with the idea that this could be the ‘hit’ that changes you forever, a more realistic approach if much better off in this climate.

The way to start the road to momentum is to make win or win and place only bets. Isolate some key runners on any particular card and make the biggest wager on those horses in simple terms.

After two or three wins under the belt, the feel of winning will do wonders for not only the mind but the pocketbook.

Think of the conservative approach the way Tiger Woods would. Umpteen times we have seen him save par from the trees or even from the water and those pars often made the difference in winning and losing a tournament.

For horse bettors, try to dance with whom you brought, and key on the top connections, the top riders, horses in super solid form with speed, and don’t turn your nose up at prices like $5.20 or $6.40.

Those are the types of wins that will keep the boat afloat, give one confidence, and eventually gain the momentum to pile it on a risky wager that looks much more promising since you have built up a solid win record of late.