| If you are handicapping horse races then you have | | | | last few months, you find that you broke even on bets |
| probably already figured out that it takes a lot of | | | | in the range from 2-1 to 5-1. This is the best group and |
| discipline to do it right. There are times when you | | | | your bets in other ranges, both below and above |
| become emotionally involved with a bet and want to | | | | those odds, were losing bets. |
| make it, even though you know, rationally, that it is a | | | | The obvious next step is to start limiting yourself to |
| bad bet. Our feelings and moods can have a | | | | wagering on those horses you pick that fit into that |
| catastrophic effect upon our bets. Most people do not | | | | range and just eliminating the rest. You will go from |
| even set a limit on how low they will go when it comes | | | | losing money to breaking even. Perhaps that doesn't |
| to their bets. | | | | sound too enticing to some people, but there are a lot |
| If you were to go around the race track and ask the | | | | of people who would love to break even at the track. |
| horse players how many of them had been up at | | | | I have had winning seasons and losing seasons and |
| some point during the day, many would say they had | | | | can remember when a few bets got me back to |
| been ahead, but lost it back. The problem is that many | | | | even and what a relief that was. Just as you can't win |
| of them wanted to gamble and to have the thrill of | | | | every day that you bet on the horses, you can't win |
| cashing more tickets. | | | | every month or even every meet. Playing the horses |
| The same thrill seeking attitude is what will drive a | | | | is an up and down streaky affair. |
| person to take ridiculous odds, like 3-5, when the horse | | | | If you find your best odds range, however, you will be |
| may be good but no where near that good. While | | | | very close to winning. Now you simply have to tweak |
| plenty of 3-5 horses do win, not enough of them win | | | | that group of bets just a bit to get on the plus side of |
| to justify those low odds. If you really want to make | | | | the ledger. It is a lot easier to do that with your best |
| money betting on horses and handicapping the races, | | | | bets that lose the least or break even or even make a |
| you have to figure out how good you are and where | | | | small profit, than it is to do with all your bets that are |
| the bottom is. | | | | spread all over the board. |
| By that I mean, can you make money if you allow | | | | First figure out where you are by keeping a record of |
| yourself to bet on horses that go off at even money | | | | every bet and then set limits that keep you within your |
| odds? If you have been keeping a record of your bets | | | | own personal best. Soon you will be one of the few |
| and the odds the horses went off at, which odds | | | | people who not only has been up during the day, but |
| range are your best or most profitable results found | | | | usually leaves the track ahead of the game. |
| in? For instance, perhaps, reviewing your results for the | | | | |