Horse racing betting is one of the most difficult activities available, and the only way to earn a profit from online betting sites on a constant basis is to put in a lot of effort day in and day out.
That is not what the majority of people who believe the game is easy want to hear, and it is a world away from the perception that professional gamblers lead a glamorous lifestyle, when in reality, being profitable means putting in a lot of hours of hard work to find that elusive edge.
Success is not evaluated on a daily basis; rather, it is evaluated over the long term, which is a time frame that encompasses a substantial amount of labor and often implies years.
If you want to be successful, it is essential to have a mentality that is focused on the long term. This requires you to refrain from overly celebrating individual victories and to maintain a positive attitude even when things aren’t going as planned. Never forget that even the most astute gamblers on the globe back losing bets; it’s just the nature of the game.
What you do need, though, is confidence, both in your techniques and in your ability to not just see value but also understand how to make the most of an opportunity when it presents itself.
Here are some strategies to make you a better punter long term.
Bank Roll Management
One of the most essential components of successful betting is having the ability to keep track of your finances and maintain command over your wagers. It may seem tedious, and at times you may feel more like an accountant than a punter, but straying away from your staking plan can be a real killer, regardless of whether it is under staking or over staking. Under staking occurs when you bet fewer than the number of units specified in your plan.
There are many different types of staking plans available, and each one has its own set of benefits and drawbacks; however, the most important thing is to find a method that is suitable for the way you wager, as this is one of the most important aspects of taking betting seriously.
Some individuals prefer to raise their stakes on lower priced horses, while others want to adopt that method on bigger-priced runners in order to maximize the possible profit they may make, and yet others bet each way to keep their stakes at the same level.
There are a great number of approaches that may be taken, but the most important thing is to zero in on the one that is compatible with the breeds of horses that you ride.
Comments from the Jockeys and Trainers
Ignore any and all of their pre-race statements because this one is a piece of cake. Even the most successful jockeys are notoriously terrible at picking winners.
When a bettor is persuaded to back a horse on the basis of an optimistic trainer or jockey quote, it is one of the most frustrating experiences that they can have. If you do your research thoroughly and cover all of your bases, you should have sufficient faith and confidence in the procedures that you have developed that you will not be swayed by the opinions of connections.
You simply do not need a trainer or jockey to tell you whether a horse will stay a certain distance or go on soft ground etc. if you are a student of the form book and someone who understands pedigrees. You will already have a good idea whether a horse will stay a certain distance.