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from our USA correspondent

Horse Racing Tips
08/05/12

Making money betting on horses is quite a daunting challenge for most beginners. Unlike most online casino games like slots and even the roulette, the rules of which are self-explanatory, horse racing gambling teems with specific expressions and concepts and handicapping back-alleys which are just too intimidating for the average rookie. This air of intimidation that horse racing as a means of making money has about it has often been pointed out as the very reason for its fast-declining popularity. Anyway, the bottom line is that there is money to be made on the horses indeed, and that there’s absolutely nothing preventing anyone interested from acquiring the knowledge to indeed make money at it. If you feel like making some money another way, why not try poker? Visit www.pokerstars.co.uk to try your luck at poker online.

© Caroline Norris

Born To Sea
Here are a few basic pointers to help you get to know the horses better.

Some rookie handicappers tend to commit a costly mistake that’s likely to have a serious negative impact on their results: they ignore certain horses for whatever reason. They may not like the jockey or the horse as it is, the reasons can be really varied, but the bottom line is it’s a mistake to leave any of the horses out of the handicapping mix. Horses which are in their best form are often focused on way too much. Rookie handicappers tend to fall in love with these horses and they will ignore the rest. Betting favorites in horse racing isn’t wrong, but it’s a far too simplistic approach. Good handicappers will always compare horses. If there are horses which are in comparable form, yet the odds on one of them are better than on the other, that right there is a potential bit of hidden value that cannot be left unexploited.

Beginners should always sink a lot of time into reading up on the specifics of the horse racing industry, but they should also watch as many races as possible. As a beginner, there’s an awful lot one can learn just by being a sideline observer. All this should be done before one even considers posting money on the horses. By that time, one has to know all the ins and outs of horse racing and all the factors which can have an impact on the outcome of races.

Before a race even commences, one has to have a mental picture about how it may end, and not one based on wild guesses and gut-feelings but rather on factors anchored in reality.

Beginners should stick to class horses, at least until they’re more comfortable delving into the depths of the industry, for the simple reason that it’s statistical certainty that class horses win more races. The approach can be further refined by sticking to class horses from reputable training yards.

Class horses can be spotted relatively easily: the handicap rating, the trainer’s past record, the current form of the horse, the past record of the horse and even the way the horse is walking all offer telltale clues in this sense.

Reverse handicapping is basically about taking a clue from the bookmaker. The bookie is always one of the most skilled handicappers, therefore his word (and ratings) always carry plenty of weight. The bookie is adept at putting all the variables together. As a matter of fact, he will do much of the handicapper’s work himself.

If you’re an online poker player, don’t miss out on deals like the no pro poker rakeback. If you’re dedicated enough, you can also turn to poker propping, for even greater rewards.

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