Don’t Make These Simple Betting Mistakes When Handicapping Horse Races

Do you love watching your favorite player or team in a certain sports? Most, if not all, big sports fans would at times make a bet on which player or team would win in a sporting event. Fans do this really just for fun. But some have become so skilled at betting on sports online, that it is no longer just a hobby for them. instead, for some, it has become their livelihood.

Losers and they have been conditioned to losing by years of doing so. Over 95% of punters are flawed emotionally. Examples of emotive gambling include punters following a horse,trainer or a jockey blind. The “Hype” horses are cannon fodder for emotional punters. They may also follow tipsters blind as they “hate” the thought of missing out on a winner. They pay no attention to the changing conditions of a race that may follow non runners or the ground changing. They misunderstand confidence and can’t cope with a lack of confidence.

There is absolutely NO relationship between value and prices. A 33/1 chance may be diabolical value yet a very short priced favorite may be supreme value. It does not follow that the bigger the price you take the better “value” you have. The value is sometimes clear but more often well hidden and it takes a trained eye to see that. Everyone has this “Foresight” on occasions, it is a game about opinions after all and nobody is always right or wrong. Value can be the most expensive word in racing if you can’t bet winner. The old cliche is that value is about betting a horse whose true chance is better than its price reflects.

Stick to your betting systems, plans or strategy. This is where many punters go wrong. No matter the outcome of your bets, remain calm and stay with your original betting system that works for you even after losing. It is important to note that no system can guarantee 100% winning all the time. So your best bet is to win most the time and stay in profit.

Know the rules. Most of the time, betting in sports is not just betting on the team who will win the game. In fact, betting on the favorite to win may put you in the advantage of winning. In fact, betting on the underdog may even put you in a more advantaged position of winning your bet. Of course, in gambling, betting on the team having the advantage or the team that is a crowd favorite does not always mean profit for you, so choose and bet wisely.

The reason they are heavily touted is the profit margin in the bookmaker’s favour increases the more selections you add to your multiple bet. Say you select any random 5/1 selection. If you bet this as a single the bookmaker may have a theoretical edge in his favor of 15%. Taking two such selections however and เล่นGclub them in a win double, the bookmakers profit margin rises to about 30% ! Yes your win double can produce a much bigger win from the same stake however over the long term the bookmaker is eating away at your capital at a much faster rate.

If you are an enthusiast in sports betting, here are a few tips that might help you in placing good bets and in helping you reduce the risks and increasing your chances of winning.

Learning how to manage your money. One of the most important things that you need to learn when betting in sports is to learn how to manage your money. Of course, that means you have to have control over how much you are putting into sports betting. Keep in mind that you can also lose everything in sports betting so make sure that you set a budget and a limit on how much you are willing to lose in sports betting.