Don’t Over Handicap a Horse Race – Learn to Know When is it Time to Quit Handicapping
Posted by: willie in Horse Racing Handicapping, horse racing betting, horse racing systems, horseracingBill Peterson
Are you trying to make a profit from horse racing handicapping? If you are one of the many people who tries to make money on horse racing betting, you may be working very hard. In fact, you may be working too hard.
The desire to be a winner is very strong in some people and horse racing handicapping is an intellectual sport. As with any sport, it brings out the competitor in most of us. On top of that, it is a matter of pressing financial expediency. In plain English, you need the money. While I always advise people not to gamble with money that they cannot afford to lose, I realize that for some gamblers, there is no such thing.
How many times has this happened to you? You handicap a race and make your picks. You find a horse that seems to be priced right and whose chances you like. Then, just before the race starts, you start looking at other runners and your confidence begins to erode. You can’t seem to stop yourself from making more bets on other horses or even combination bets just in case.
The race goes off and your pick wins the race, but because of the other bets you made, you make very little or actually lose money on the race. This is the most common symptom of two things, lack of confidence and over handicapping. Both are deadly to the bankroll.
While I recommend not betting until you are sure you are getting a fair price on your pick, there is one thing you can do to solve the problem. Take only enough money to bet the horses you pick and bet them as soon as you enter the track or OTB parlor. When you win, don’t cash the ticket until all the races are over so you won’t be tempted to bet any of your winnings on last minute bets.
While last minute bets and hunches sometimes pay off, in the long run they probably won’t be winners and you will wind up losing some of your profit or even all your profit back due to your lack of confidence and discipline. My advice is to remember the old adage, “Your first guess is your best guess.” That certainly applies to horse racing. Don’t bet until you are sure you are getting good odds. If you suffer indecision at the last minute, don’t make more bets to cover yourself, just pass the race.
The most consistent horse racing systems have to have the basics and a handicapper must understand the basics. I have been around horse racing for 50 years including as an owner. Without the basics the rest is not going to do any good. If you want to learn how a horse owner and insider handicaps just go to http://williewins.homestead.com/truecb.html and get the truth
Bill Peterson is a former horse race owner and professional handicapper. He comes from a horse race handicapping family and as he puts it, “Horse Racing is in my blood” To see all Bill’s horse racing material go to http://williewins.homestead.com/handicappingstore.html, Bill’s handicapping store
Article Source: http://EzineArticles.com/?expert=Bill_Peterson
http://EzineArticles.com/?Dont-Over-Handicap-a-Horse-Race—Learn-to-Know-When-is-it-Time-to-Quit-Handicapping&id=2082543