Among the many betting streams practiced by the human beings, horse betting is of historic nature. Human race has been into horse racing from the time immortal when it started domesticating wild horses. This racing cake got the icing from betting. Ask any horse racing bettor – he can’t find such excitement form any other source.
Horse betting is a complex game of observation of understanding, observation, calculation and to a great extent, luck factor. Ask any horse betting expert, and he will tell you – you can’t expect profits rolling in from the first day. In fact, you may have to wait for years to make a great living from this discipline. You can get profits in between, but those will not be sufficient to cover your expenses for the livelihood. Bookmakers use this weakness of yours to their advantage – they will encourage you to place multiple bets. Pros in the business never try to place bets on multiples.
Keeping some money extra for the horse racing betting purposes is a great idea to start betting. This money should be kept aside for this purpose only. This not only offers confidence over a longer period of time, but also doesn’t meddle with your expenses on livelihood. This betting bank can steer you clear of any shortage of funds required for betting.
When you start betting on horse racing, it is always a good idea to start betting on the horse that has won the races earlier. This may not give you huge chunks of profits, it will inculcate a sense of confidence for betting more and becoming successful bettor. Here is a word of caution though – don’t bet on horses which belong to hypes category. Such horses will most likely win the race, but returns on your investments will be too low to be taken into account.
As you know, horses change the class they belong to. Betting on a horse, which has just moved up in the class, may prove to be disastrous. That horse may have been out of league. Look for betting on the horses enjoying recent racing history. Horses with no recent racing history may have been marred because of some injury or illness. This may lower your chances of good returns. Don’t try to bet on each race on the track. Try to be selective with the races, and stick to it for a longer time. When betting on a long distance race, give due weight to jockey as well.