| There are a lot of ways to handicap a horse race, but | | | | a lot of people make when betting on horses. They |
| many of them won't make you any money or pick | | | | start to lose and try to win the money back. The more |
| many winners. While a lot of winning at the horse | | | | they lose the more desperate they become and the |
| races is luck, if you don't develop skill at horse racing | | | | more they bet and lose. A good analogy would be |
| handicapping, you will eventually lose your bankroll. You | | | | falling in quick sand. The more you struggle, the faster |
| should learn good habits and discipline, that goes | | | | you sink. If you stop, take some time to gain your |
| without saying. Learning good habits means making the | | | | composure, you may see a mistake you were making |
| right moves. Just as important as good habits, | | | | or your bad luck streak may pass. |
| however, are bad habits or mistakes and avoiding | | | | 3. The third mistake that some horse players make is |
| them. | | | | believing in some mythical "Law of Averages." There is |
| 1. The first mistake a lot of horse players make is to | | | | no such law. Yes, on the average, favorites do win |
| ignore money management. Money management is | | | | about a third of the races or perhaps a little less, but |
| the most important part of success at horse racing | | | | that doesn't mean that if the favorite lost the last two |
| handicapping, or any kind of gambling. It doesn't matter | | | | races, it will win the next. It just doesn't work that way. |
| how good you are at handicapping, if you can't make | | | | You have to handicap every race as a separate |
| the right bets and avoid bad bets, then you will | | | | event, not connected to the last event, other than the |
| eventually lose all your money. That means setting | | | | fact that it will be run over the same surface and |
| daily limits, writing down your bets, and betting in | | | | track. |
| increments based on the size of your bankroll. | | | | Just avoiding those three horse betting mistakes will |
| 2. Don't Chase your losses. This is another bad move | | | | help you to preserve your bankroll and win more often. |