Horse Racing Tips Article # 3

How To Achieve The Best Results

A number of punters that I know are simply quite brilliant when it comes to picking winners. They do their own research and implement their own betting systems by taking into account a number of important factors, such as the quality of the field, the going, the jockey on board and the distance and their betting results are great, yet for some reason they still manage to lose profit in the long-term.

So what causes this?

To look at it in a broad sense, it comes down to the characteristics and mindset of these punters. Successful betting systems, quality horse racing tips and choosing winning horses is obviously central to making a profit, consistently staking is almost as important, if not more important. You must set a limit and bet with control and discipline, and this can be achieved by utilising a betting bank and recording your bets.

This provides you with a structured approach to managing your money and by keeping detailed records of your horse racing tips and bets, you know exactly how you're progressing. By not adopting an organised approach to betting, you will soon discover that you are having a tough time of it and that you're finances will reflect that. If you want to take your betting seriously, you need to treat it as a serious endeavour, like a business and this includes some thought and a little work on your part.

I would advise that using a betting bank is critical, but there are several methods within that approach that you can use, so it’s important to choose a method that you are comfortable with and works for you. I would recommend that you maintain a limited amount of money that you could comfortably afford to lose as you do not want to overstretch yourself at this early stage.

Once you have decided how much you are willing to allocate, try dividing it by 100 as this will form the basis of a method that is know as a "points system", one of the more popular betting systems out there. So in simple terms for example, if you have allocated 100 pounds as your betting bank, each pound would be equal to "one point".

This approach helps you quickly and effectively manage your money. You may decide to limit yourself to one point bets on all your horse racing tips, whereby you only bet one percent of your betting bank at a time. As you become more accustomed to this approach, you will have the flexibility to make appropriate bets according to the strength and value of the horse that you fancy. For example, you may feel that a 5 point bet (5 percent of your betting bank) is worthwhile for a particular horse, as its chances of winning and its overall value indicate that. Betting systems need to be flexible, and the points system is perfect for this.

This was the approach that I took some years ago and I soon saw an improvement in my overall betting results and profit, as it enabled me to manage my money more effectively. I was previously getting regular winners which was great, however my erractic approach to betting was causing me to still struggle to make a regular profit, a problem that many other punters suffer with too.

The reason most punters fail is that they do not following strict guidelines, treating it as a hobby and ultimately if that's what you want, then treat it as a hobby and accept that you may not be as successful as you could be. Achieving better betting results only requires a little thought, application and dedication, but most find this involves too much effort and consequently they lose all too often.

Article Author: Cliff Thurston

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