Handicapping Tip of the Day #62 – What Is Your Betting Strategy?

by Glen S.

Picking winners doesn’t always mean you are making money at the horse races.  Successful betting strategies usually does though.

Let’s begin by realizing that every horse race is a little different. Why is that?  Well, there are  underlays, overlays, big or small fields, where the race is in the race card, etc. If you are a bettor that wagers the same way and amount in each race, then you are behind the eight ball right way. STOP THAT!

Your need to adjust your wagering according to the race in question and how confident you are on the race. How and what should we do?

Here are some do’s and don’t; hopefully you are on more of the do’s.
-Don’t bet the same amount on each race, as there is no way you like each race equally.
-Do step up a little more when you have a strong play, and step down when there are to many unknowns.
-Don’t be one of those people that tell me they never bet favorites.  Favorites win around 35% of the time.
-If you avoid favorites you have already lost on over one-third of the races. Favorites have value at times, too.
-Do understand when to box horses and when to make it a wheel.
-You should figure out the percentage of your opinion on the horses in question; if equal, box, if different wheel.
-Don’t be that lazy handicapper that plays the caveman ticket in pick 4s or pick 5s.
-Oftentimes you need to play multiple tickets – that saves you money and takes advantage of your handicapping ability.

Read Handicapping Tip #16 – 4 Times to Play Against the Favorite!

Here are a few other handicapping tips to set you up for success
-Do take advantage of all the new and improved handicapping tools out there to help you pick more winners.
-Don’t be that handicapper that thinks they know it all and has bet the same way they have for the past 20 years.
-Do the research and pick your spots and make yourself some money at the races.

Comments are always welcome as I want to get better each day as well.

Next Week: Part 2 of Betting strategies, sequence bets,

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About Editor

Rich Nilsen is a 17-time qualifier to the National Horseplayers Championship (NHC), an event he has cashed in four times. He was the first player to finish in the top 10 twice. He cashed on the 2018 NHC Tour with a 19th overall finish. Rich was also a winner of a $24,000 package into Kentucky Derby Betting Championship I. A former executive with Brisnet.com, Rich is a graduate of the University of Louisville Equine Business Program and is founder of AGameofSkill.com, a site devoted to horse racing education and promotion.

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