How to avoid the worst bet in horse racing

While many people spend their days looking for the best bet in horse racing, few people spend their time looking for the worst bet. That is a big mistake. Let me ask you this, do you know what the worst bet is in horse racing? If not, how do you know that you are not making that losing bet every day and that is why you cannot make a profit on the horses? While looking for good bets, you must avoid bad bets as well, and you cannot do so unless you can identify them.

By now, you should be asking yourself, “Am I wasting my money every day on a low-percentage bet?”

Before we get into that problem, let’s look at horse racing betting and answer a few questions you may have. First of all, what constitutes a profitable bet or a smart bet? After all, they are one in the same. By smart, I don’t mean that you always win, I just mean that you will make a profit if you place the bet enough times. For example, if a bet generally pays $ 6 and you win it 50% of the time, that’s a profit of $ 2 for every $ 4 wagered or fifty percent. That, as they say, is better than what you will get from a bank.

So to qualify a bet, you have to take two things into account: how often do you win and how much do you pay? Using simple math skills, you can find out which ones are positive and which ones are negative. It’s a simple equation but believe it or not, 9 out of 10 people who are going to horse races today will not be able to give you those numbers in the bets they make.

Those are the people you are trying to beat. Do you see a method starting to emerge? I don’t care what kind of bet you like, if you discover a moment where it is profitable, whether you bet on winning, placing, showing, exact, picking three, etc., you will beat the crowd. if you can do that simple equation. If you can’t tell yourself why a bet is good before the race starts, then you shouldn’t make the bet.

Ask most people in horse racing why they just bet their money on a horse or a combination bet and they will usually say, “Because I think that horse is going to win the race.” If they tell you that, you will have a pretty good idea of ​​how sophisticated their gaming skills are and what their chances of winning might be. Unless they have a lucky day, they will go home as losers.

It’s almost impossible to pick enough winners to make a profit without considering the odds, but if you look at the odds and understand them, you have a good chance of winning. So what is the worst bet in horse racing? I call it the blind bet. It’s one where you don’t know what the expected return on your investment will be.