Who Needs a Horse Racing Betting System?

Using a horse racing betting system is for thrill and adventure lovers, all those who bet at the horses somehow wish that they had magic with them that would help them know which horse is going to win, this would help them earn tons of money as well as enjoy a thrilling game. Horse racing betting systems might not be magic but nevertheless, these can help you speculate which horse is most likely to win.

This is the reason why these systems are such a hit in the betting industry today. There are more than a few horse racing betting system, each follows a particular set of rules so that it becomes easier to deduce which horse is most likely to win at the races. These horse racing betting systems guide you regarding the deductions and selections of a particular horse on which you would lay your bet. This is interesting as well as quite informative.

But who creates them? Horse racing betting systems have not been created by some new comer trying to make it big in the betting game . These have been thought about and created by veterans in the game of horse racing after a careful study of almost each race. This is the reason why these horse racing betting systems are so successful in the market.

Almost each horse racing betting system has been based on some or the other statistics. Whereas some racing system might use a sports newspaper as basis for calculations to be done, some other racing systems might require you to study regarding the background of each of the horse. Arrival at a decision through deduction is yet another method used to create a horse racing betting system. There are also categories of different horses, where some are seasoned and in prime form some other might be a new introduction therefore most likely to commit a mistake.

Some of the common advices given by most of the experts to all those who enjoy betting is that it is most advisable not to put all the money on one horse. It is much wiser putting money on more than one horse.

Another golden rule to be followed by each betting amateur or a professional is that money used for horse racing should be the one kept aside for racing purposes only, never ever stake more than you can afford to lose.

Next time we will abakyze a successful horse racing betting system, to show you a consistent pattern you might find interesting..

Betting is a Business – Gambling is For Idiots!

My question to you today is, how much profit are you really making from gambling? (And please be brutally honest with yourself when answering that question!)

I hope you are winning! If you are then well done to you, as that surely is the goal for most people, but even if you are a rare winning gambler, are you making as much as you could? However if you’re not a winner then don’t worry as your not alone. In fact you’re in very good company, as an amazing 98% of gamblers lose money long term.

So assuming you are not winning, do you know why?

Well I’m going to hazard a guess the reasons are something like this;

a) Betting in the wrong types of races,

b) Blindly backing favourites (especially odds on shots)

c) No sense of money management,

d) Undisciplined approach

e) Chasing losses

f) Maintaining a ‘gamblers mentality’.

However if 98% of people are losing money it stands to reason that 2% must be winning, so who are these elite 2% and what is it that they do differently to the majority?

Well the elite 2% are the professionals and semi-professionals like me and we approach betting as a business. The betting industry like to call us ‘professional gamblers’ but lets just make one thing absolutely clear here, one thing we are NOT are gamblers and this description couldn’t be further from the truth – we don’t bet for fun, or for the sake or thrill of it. We bet for one reason and one reason alone – TO MAKE A PROFIT!

I’ve said this many times before and I’m going to say it again – ‘Betting is a business and gambling is for idiots’ – So let me try and explain the difference between betting and gambling.

As I have already stated I am a professional and as such I am in the business of betting for only one reason – to secure slow and steady long term profitability. To achieve this outcome betting professionally has to be BORING and MUNDANE, from a psychological point of view the result of just one race becomes almost irrelevant to me, as in the long term I know I will make a profit from my betting strategies.

The point of running any business is to make a profit and to achieve this outcome I need the following three elements to work in my favour:

a) A betting bank,

b) A staking plan

c) A betting strategy which will deliver profits over the long term.

The betting bank needs to be big enough relative to my stake size to withstand the inevitable losing runs. It is also important that psychologically the betting stakes are well within my betting comfort zone, meaning that my pulse is never racing either before during or after a bet.

The moment your pulse starts to race should immediately alert you to the fact that you have stopped betting and are instead gambling, something has gone wrong with your strategy and you have become either uncomfortable with the size of your stake or have lost confidence in your chosen betting strategy. The inevitable result of this will be a breakdown of discipline and a desire to start chasing your losses, which is something I NEVER do. When I have a poor day then my attitude is always the same ‘cest la vie’, there will always another day.

I have many diverse and varied betting strategies within my betting portfolio but for the purposes of this exercise let me use my ‘Hughie’ Place Betting Strategy as an example of the above philosophy in action.

‘Hughie’ Place Betting Strategy

Here are the Hughie results for the six months to 01 June 2009. (I could use any 6 month period from over the past 9 years, in fact some previous half yearly figures would show higher profits. But these are the latest figures and emphasise the points I am trying to make.

The results are based on a betting bank of £400 and the stakes being used are as follows £2, £4, £8 and £12

Oct 1 + 77.63

Nov 1 +129.90

Dec 1 + 14.34

Jan 1 +179.83

Feb 1 +116.37

Mar 1 +169.58

Apr 1 – 3.62

May 1 + 13.81

Jun 1 + 77.78

The first thing you will notice is the relatively small and ‘boring’ size of the stakes I am using in relation to the size of the betting bank. By staking such a small percentage of the betting bank on the ‘Hughies’ takes all the stress away instantly, as the bank is never in any danger of going bust and the stake size is always well inside my betting comfort zone. Some of my members bet the ‘Hughies’ to much bigger stakes, however if the stakes are doubled or trebled then so must the bank.

As you can see you could comfortably follow this particular betting strategy to the advised stakes and at betfair sp safe in the knowledge that win, lose or draw over a long term period of say 6 months you would be comfortably in profit. You wouldn’t need to watch any races biting your finger nails praying that a particular horse hung on for a place, because you would be confident that the strategy works and one or two horses not placing wouldn’t make one jot of difference to the ability of the strategy to deliver a long term profit.

I keep using the phrase ‘long term’ because it is essential that you understand that it takes this long-term approach in order to succeed with any betting strategy. Just have another look at the ‘Hughie’ results above and you will clearly see that the months of March and April were not good months for the ‘Hughies’. At the time I remember saying regularly in my daily column that it was probably down to the transitional period of switching codes from the ‘jumps’ to the ‘flat’. For me though that’s just part and parcel of any strategy – we will have these bumps but will come away unscathed as all that matters is to maintain a long term strategy. The plan works, as it doesn’t require me to either lose faith or panic. That said any member who joined in March or April and followed my advice to concentrate on the ‘Hughies’ would have been pretty downhearted by the end of April as it would appear to them that the ‘Hughies’ are a poor bet. However any member joining last December enjoyed a terrific run and would have had a totally different opinion of both ‘place betting’ and me.

I think this point clearly demonstrates the importance of taking a long-term view of any betting strategy (12 months minimum I would argue)

Anyway this example of how safe, slow, steady, boring but consistent profits are generated month after month after month is just one aspect of a strategic and professional betting approach and hopefully demonstrates the difference between the excitement of gambling which is for thrill seekers and the boredom of betting which is my business.

What All Should You Know About Online Sports Betting?

These days there are a lot of people betting online and therefore online sports betting have become a huge industry today with millions of people participating in them and a large number of betting websites operating on the web. It is the possibility of betting from anywhere around the globe that makes online betting so popular. Another advantage of making your bets on the internet is that there is no jostling for crowd, no bookie involved or no shouting over the crowd.

If you are entering into this venture for the first time, then the main thing that you should be worried about is to look for a reliable bookmaker. On the internet, there are a number of bookmakers, but your major job would be to find one that is reliable and credible. The best way to do this would be to checkout for the most popular ones and read on the best reviewed sites. If you have some friends who are into this business, then you can consult their advice and find out the best online sites.

Once you have found the most suitable betting site for you, half of your job is done. Now all you have to do is to open an account or register in the site and follow the instructions. Most of these online sites have the option of using your credit card, thus making it even more convenient. Some of these sites also offer bonuses when you sign up. However, that should not be the sole factor that helps you decide which site you want to place your bet on.

Now that you have found a site and registered in the site, all that is remaining is to have enough money in your account and start placing bets. However, just like any other bet, to be able to win you will have to employ some strategies. For instance, you should be well aware of the betting rules of the game that you are betting on. The betting rules for basketball may differ from the rules of other games. So for proper results, you have to be well accustomed to the rules of that particular game.

Another thing that you should be considering is the factor of whom you are betting against. Though normally people place bets against the sports book or the bookmarker, these days there are cases where the bets are placed against odd markers.

Five Star Betting Review – How Does This Sports Betting Tips Service Work?

Would you like to know how the sports betting tips service called Five Star Betting works? As its name suggests, this program introduces five different strategies for betting which are the over/under goals, Asian corner kicks, Asian handicaps, correct score and in play goals/corners.

1. How Will You Be Receiving Your Tips When You Sign Up As a Member of Five Start Betting?

Although all the bets can be placed as singles, the owners of this service will provide tips as 2 sets of doubles and 1 treble to help maximize profits and introduce more variation to your bets. Every day, 10 picks will be provided that also includes statistical analysis and other information like choosing the best bookmaker and best odds for every betting selection. Once your bets are placed, you can also make use of the live streaming links and live score service links to follow the bets that you have made live.

2. How Do You Know if Five Star Betting is Not Just Another Overhyped Scam?

I must admit that I was initially very skeptical about joining this service site after many of the poor experiences I have had with joining online betting tipster websites that fail to make much money. The truth is that there are many scammers in the gambling industry that claim to have the best and most profitable systems even though they may never have even placed a single real life bet before.

3. Going Through the Process of How to Bet Using the Five Star Betting System

This is evident from the fact that they do not even explain their betting procedures clearly and only give very brief instructions with a lot of ambiguity. With this membership site, I am getting very clear, step by step instructions to go about with my bets and does not cause any confusion like what most other systems do. Another fact is that I have seen two different betting guides with different names but yet teach exactly the same, reckless betting techniques.

One of them was clearly rehashed from the other and is something that punters have to be careful about when they are thinking about buying an online betting guide. Effectively, I was able to recoup my investment into this betting site within my first day of betting. However, that may not happen to everyone and would depend on the amount of capital you allocate to bet on the selections you get from this service site.