Horse Racing: The Secret Of Thinking Big Money And Not Thinking Small Money

The secret of thinking big money and not thinking little money is a frame of mind the player need to have if he or she is to make big money. The mass majority of players that consider Return On Investment (ROI) in racing usually consider making a few hundred dollars in profit over a few wagers spent. Or an ROI of a few cents or nickles on the dollars. There’s another way which is as simple and straight forward but much more powerful. This is the case where you intend to play racing as a job or career and play 1,000’s of races over several or more years and not as a pass time.

An example: in the course of 10 years exact at any major track in the USA when the money is summed for all wager types for such a time period it adds into more than several millions of dollars. If you sum the total for 4-5 major tracks it reaches over $30,000,000 for that same period. $30,000,000: THAT’S REAL NAVY, SON! If you’re thinking about getting 5%-70% of that then you’re thinking big money, big business and not gambling. Why? Because you’ll never see the day when gambling will net you that type of money. You need design and not luck.

Thinking small money will not do so either. And you can put your money down on that and win. The secret of thinking big money and not thinking small money in racing is to think big money in the right way. To repeat: the right way. Of course you can play the pick 6 and get lucky but you can’t repeat it at will. It was just an accident. The money is just as real of course. There’s a way to know statistically and of seeing the game a certain way. There’s a way to create a flexible firm plan.

An example of Return On Investment or ROI. In one year exact you put $500 in A and $600 in B investments. You get back $75 on A and $90 on B in profits. Turn each into a fraction and turn each into a percent. Such as: $75/$500 = 15% and $90/$600 = 15% respectively. Another example: in one year exact you put $1,000 each into investments A and B. You get back $75 and $90 respectively in profit. Turn A and B into fractions and turn each into a percent. Such as: $75/$1,000 = 7.5% and $90/$1,000 = 9% respectively. This is called rate of return.

To obtain a large percent of that money and the way to do that is to know and practice handicapping and profitcapping very well. Handicapping is predicting the order of finish positions of races well. Profitcapping is predicting the profit to be made from the in money positions from wager types and the payouts over months and years while dealing with each race on an individual and personal one on one basis. Don’t seek to make a few hundred dollars but 100’s of 1,000’s of dollars or a few millions of dollars. For this you need a business, a statistical and a thinking big money view-point. This is partially the secret of thinking big money and not thinking small money.

Make Money On Sports Betting

Millions of people participate in sports gambling each and every day. The overwhelming consensus opinion is that it is impossible to win money from sports betting. While it is true that it can be extremely difficult to make money on sports betting, it is not impossible.

One comparable is the stock exchange. So many people lose tons and tons of money on the stock exchange, but so many people are millionaires because of it. The same applies in gambling. Every system in our society has inefficiency. If gambling, or any other business were perfectly efficient, then there wouldn’t be any reason for anyone to gamble on sports.

If you’re currently failing to make a significant profit in sports gambling, the main thing you should try and do is better control your bank account. Let’s say you have $100. You’re probably wagering between $10 and $25 per bet. Lose a few bets and you’re done. To remedy this, never bet more than 1% to 5% of your bankroll. This will allow for sustainable growth over time rather than immediate spikes or dips in your account.

You should also try and analyze your bets extremely thoroughly and give them star ratings, or confidence ratings on a one star to five star scale. A five star bet may be a $5 bet, whereas a two star bet may only be for $1. Assuming you’ve done your research correctly, your five star bets should allow you to make profit over the one or two star losses that might come.

But you need to make sure you’re doing the proper research necessary. This may be an all day activity, figuring a consensus on the game, as well as keeping up with injury reports. If you don’t think you can do this, then there are definitely other options. These are sports betting systems, and sport handicapping services.

For example, an NBA betting system may say that when a team loses three straight on the road and are at home their next game, bet the spread. Systems like this often have great success, you just need to find the right system because there are so many scams in this industry. The same goes for sport handicappers. Find the right one, and you can hit on 60% – 65% of your games, but finding a bad one-which is much more likely- and you can lose your whole bank account.