Quote:
Originally Posted by PinkyPoker
Did you ever win good money doing this? Ill have to try that since I love it I was betting on .25 cents on horses lol but it was fun tho.
I'm not sure what your asking? Yes, I've won around $3,000 on a Trifecta bet, due to luck. If your asking if I'm making a living wagering on Horse Racing, then currently, no. I was losing about 6% of the amount bet this last year. I think that I can improve on my profit in future wagering due to analyzing that I can't seem to win at certain tracks. I'll only know once I have enough "future live betting results" which will take at least a few months because I only average 2 bets a day. You can read my last posts on this thread to get a better idea what I'm talking about.
I would suggest reading this entire thread if your really interested in Horse Racing. Horse Racing can be a lifelong endeavor if you want to continue to get better at it. You can't beat Horse Racing by betting every race. You should try finding races where you have an opinion on a horse that you like, as well as, not liking the other horses in that particular race.
There is a lot that can be discussed about Horse Racing, but you can take any approach that you want as long as you think of the amount that you bet, as entertainment and enjoy your time. If you decide to take the serious approach, then I would keep good understandable records, for example, track programs, closing odds on each horse and payoffs. Bet 5% of your bankroll per wager. Your bankroll will grow fast If you have a working system, so there is no need to throw a lot of money into it.
Always think of Horse Racing as an entertainment cost and bet accordingly to maximize your enjoyment.