It is widely quoted that only 2% of horse racing punters actually make anything like decent profits at online bookmakers from horse racing over the long term. And probably much less than that are actually able to make a decent living from horse racing and think of sports betting as an investment. From my side of the fence, as the owner and operator of a successful racing tipster service, it is easy to see why the average man in the street doesn't make a success of his betting activity. We're often asked if it is possible to make decent profits at online bookmakers from horse racing. We'd list the following advice as vital to finding success when betting on horses at even the best online bookmakers for horse racing.
It is important to never bet more than you can comfortably afford to lose. Decide on an amount that you are prepared to set aside solely for your betting at UK online bookmakers, then divide this amount by 25 and the figure you are left with will become your stake. As your profits increase or decrease, you will always be betting one twenty-fith of your bank which offers some protection against losing runs.
The road to the poor house when betting on horse racing is to chase your losses. Trying to bet bigger stakes each time, following a losing sequence, could and will end in profit... but only for your chosen online bookmaker! Stick to your staking plan and don't divert from it whatever the temptation.
You should aim to develop a detached view to winners and losers alike. There will always be winners (if you know what you are doing), and there will always be losers. Don't allow emotion to creep in whether you are in the middle of a winning sequence or a losing run. If you are serious about your horse racing betting, you must treat it like a business and aim for long term profits without becoming emotional.
In order to make your betting pay over the long term at online bookmakers, you must operate as you would if you were running your own business. This means keeping proper records of all of your betting activity, profits and losses incured at online bookmakers not matter how small they may be.
If you can't afford the time (and it can take years) to build up your own knowledge of the form book, or to make a few decent contacts of your own, then try to find a racing advisory/tipster service that has stood the test of time. Some online bookmakers even have their own tips section on their site.
If you are using your own (or someone else's) system to make your selections, give it enough time for a sensible test period. There is absolutely no point in jumping from one system to the next without giving it time to work. The same applies to using horse racing systems when betting at online bookmakers. Aim to find a service that has been around for some time, proofs their selections etc. Then once you have made your choice of system or tipster service to use, don't jump from one to the other after a short period. Decide on a fair test period and make sure that you stick to it.
Finally, horse racing can be a fascinating and exhilarating hobby, but if you really want to bw one of the few that actually make money in sports betting at online bookmakers follow the rules above and you'll have a head start over most punters out there! Just remember the above tips and you should find yourself winning more horse racing bets than you used to. |
UK Online Bookmakers
