Looking for the best ways to bet my paid picks? Or perhaps after buying my paid picks, you are finding yourself wondering how to use them. Luckily for you, I have outlined my keys to successfully betting my horse racing picks and increasing your chances of turning a profit.
Like any form of gambling, betting on horse races is a risky proposition. Even the world’s best horse bettors have days where they end up eating their proverbial hats. Before you start betting, carefully calculate how much money you are willing to wager, then make a pact with yourself that you will stick to it. Begin the day hoping to profit but expecting to lose every cent.
If my horse racing picks go cold for a day, do NOT be afraid to continue playing us. I have built my name and reputation on being open, honest, and producing winning selections over a long period of time.
Once you figure out your bankroll, plan how you are going to spend it. In my opinion, it is smarter to bet more on the races that you feel the most confident about (opposite of sports betting) and bet less (or not at all) on the others. Remember, there is always going to be another race, but if you lose your money too early, then you will NOT have the chance to bet it.
It is tempting to bet every race, especially if you are at the track, but I do NOT recommend it. Profitable horse bettors are like a Kenny Rogers song: they know when to hold ’em and when to fold ’em. They scour the charts looking for value and wait to push their strongest opinions, but they also know to hold back and just watch a race that they do NOT have a strong opinion, or that might NOT offer value (value is different for horse betting). If you feel like you have to or want to bet every race, make sure to at least bet lower amounts on the races you feel less confident in hitting.
Going off of my last point, it is okay to wait to bet a race until you feel confident in your chances of turning a profit. This does NOT mean avoiding a horse with low odds; you can still create value around heavy favorites if you are smart.
The key is to make sure that the bet you place is ultimately going to be worth the payout that you will receive!
For example, if you see that the horses who I have recommended in the exacta or trifecta have gotten pounded at the windows, then do NOT make the bet. The payout will NOT be worth the risk.
I offer several single-race and multi-race exotic wagers for many tracks, so I have everything that you could want, including Exacta and Trifecta plays and a variety of Pick 3, Pick 4, and Pick 5 combinations. However, the most important thing to remember is to NOT forget about betting horses to win. It is the simplest bet in racing, and sometimes, it is by far the smartest.
The point to above is simple: value is NOT playing horses at big prices. Value is playing horses at odds higher than what they should be. Just remember that betting horses to win can sometimes be your most profitable option.