How do you avoid doing your money when betting on National Hunt horse racing? By definition jumps racing brings with it additional risk every time your horse leaves the ground. Making a profit from punting over the sticks is treacherous enough without falling for the bookmakers seductive bets which often leave the unwary punters pot-less.
Betting On Horse Racing : Sensible Money Management (part 5)
Everyone knows that gambling is a business of risk. Professional gamblers will successfully manage their risks and make a profit, whilst 98% of punters who consistently lose money, also consistently fail to manage risk effectively.
Betting On Horse Racing ~ Sensible Money Management (Part 2)
In a previous article I jokingly suggested I had put all my assets my savings, the deeds to the farm, my kids Trust fund, and the proceeds from selling one of my kidneys on a horse at Newbury. I showed this was potentially financial suicide, and an extreme example of bad money management.
An Introduction To Laying Horses To Lose
Bookmakers have been laying bets on horses to lose ever since horse racing began. As punters having a bet on a horse, we are actually involved with laying horses every time we have a bet. We are simply on the other end of the transaction. To back a horse, there will always be somebody who must to lay the bet. Yet so many people think they are unfamiliar with laying horses, so they shy away from it entirely.