Posts Tagged ‘Odds’

Make Steady Income From Horse Race Betting

Wednesday, January 6th, 2010
Betting19 Make Steady Income From Horse Race Betting


It is possible. It took me a little over a year to get into horse betting and start to make money. A year ago I knew nothing about horse betting, I’ve learned a lot in a short time, which is the beauty about horse betting. It isn’t hard to learn enough about gambling on horse races to start making money. And when I say gambling I’m really just referring to small investments into my business…the business of improving my life. Don’t get confused and think betting on horse races is a bad thing. Yes, I do agree that lots of people have issues with gambling, that sucks and is unfortunate…But that doesn’t mean you and I can’t start to use horse betting as a serious way to earn some extra cash.

Other than learning the general facts about gambling, for example, you must understand how the whole betting and money thing works(like the odds and what the spread means, how much you will make or lose on your bet), learning about horse races is easy. I basically used the internet to learn about horse betting, gambling, racing. There are so many great sites dedicated to educating people properly on gambling on horse races.

The first tip is always be informed. You never want to spend your money on something you know nothing about. That doesn’t mean you learn about gambling and horse racing and your done with the learning part. Think about learning on a smaller scale. You want to learn about the horses themselves. It is always a good idea to know about the health of the horses. It really does make a huge difference whether or not the horse you want to bet on has just come off a 3 month recovery or has been racing consistently for the past three months(let me tell you from experience, bet on the horse that has been racing…they always are money makers). You also should find out how they race in certain conditions.

Weather can be a BIG opportunity to make some money. Let’s say the weather has taken a turn for the worse and the track is all wet from the rain. Let’s also say that the majority of the people that are betting on your particular race(the same people that are driving the profit margin) don’t really do their homework and don’t know that the original horse who was favored to win doesn’t perform well at all on wet and rainy tracks…And in fact it is the least favorite horse who performs the best in wet conditions. The beauty of it all is two part. Part one, you are so happy because your horse is going to win because you know which horse performs the best in wet conditions. Part two, you are so happy because you stayed one KEY step ahead of all the other betters and played the least favorite(called playing the odds) and won way more money.

Staying ahead of the other betters is almost as important to making money on horse racing as the outcome of the race is. Like mentioned above the other betters control the profit margin(that is unless you bet a huge amount of money). It can be hard, but if you manage to out study the majority of other betters you can profit so much more money. This bring me to the second tip, don’t forget to study up on the jockeys themselves. They are a key part to the outcome of a race. They are all well trained in the art of Racing…and don’t think that racing is just who gets to the finish line first. It involves theories that I’ve never heard of and since I don’t know anything about theories on racing, but I know the jockeys do and are well experienced I turn my attention to them. I study how they perform and their health and how weather affects them. These are all things you must learn if you want to make a steady income from horse race betting.

By: Eric Clemmer

About the Author:
Ok…so after all that you might think that there is a lot of work involved to making money on horse race betting…but honestly it isn’t that much. Like I told you, I just got into it a little of a year ago, and although it has taken me this long to start to make a steady income from it(as much or more then my current income…and almost at the point where I make it my only income) I made money right away. The first race I bet on I lost, but the track was wet and at the time I didn’t know that track conditions changed things. The great thing about knowledge is that I just passed it onto you and now you can start to be more successful with your horse betting. Here is a link to one of the more informed informational sites on horse race gambling tips, check them out, they have lots of free information, Click here to check out the site



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