How To Bet On Horse Racing For Beginners
How To Bet On Horse Racing For Beginners UK
Firstly, welcome to the world of betting on horses and if you are a beginner, you will soon gain experience on how to bet on horses successfully. Most new punters plough straight into horse racing betting markets placing fancy accumulators and other exotic bets. These bets promising high returns for a small stake. That is the allure of this type of betting small stakes for potential high return and even worse at discounted odds.
Steps On How To Bet On Horse Racing For Beginners
These simple steps below will help your entry into the world of betting on horses.
First Step
Place single bets (straight win or each way bets) and not on exotic bets.
Second Step
Have a betting bank and use a percentage of the betting bank for each bet you place.
Example.
Betting bank £1000
5% stake of betting bank is £50.
This controls erratic betting!
As you win or lose and your betting bank increases or decreases but always use 5%!
Third Step
Make sure you put the effort into race reading and horse form, there are no short cuts and use the excellent racing post.
Fourth Step
Have 1 or 2 bets per day if you feel you confident of your selections and you have done your homework.
Final Step
If you have a losing day do not chase your money by having erratic bets. There is always another day!
These steps will serve you well.
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Good luck!