Handicapping Tips #10 – Know This Before You Make Your 1st Bet of the Day

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Handicapping Tip of the Day

Handicapping tips from agameofskill.com

 

Before you make a single wager on the day, you should know one thing.  What is your bankroll for the day’s wagering, and how much are you going to allot to ‘action’ bets?  For many players, it’s 100-percent action bets, and that is perfectly fine if that is your desired experience.  For others, they have a serious plan for turning a profit, and to do so, you have to have seriously good money management.  Many professional players will not have any ‘action’ bets simply because they don’t need the action, and having a small amount of money on a winner doesn’t do anything for them.

The important thing is that you know what your wagering plan is for the day.  Give that some thought before you place your first wager.

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About Editor

Rich Nilsen is a 12-time qualifier to the National Handicapping Championship (NHC), an event he has cashed in four times. He was the first player to finish in the top 10 twice. He recently won a $24,000 package into the 2016 Kentucky Derby Betting Championship. A former executive with Brisnet.com, Rich is also a graduate of the University of Louisville Equine Business Program. He is founder of AGameofSkill.com, a site devoted to horse racing education and promotion.

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