How to make a Cash in on Horse Racing or Gambling
There’s no one secret or key to making money as a gambler or by bets on horse backgrounds. Both are very risky even if you are a competent gambler or great horse data sgp racing handicapper. There are, however, some steps to tip the weighing machines on your behalf. Before we talk about getting ahead, though, let’s set the record straight. Generating an income as a gambler or horse player is extremely difficult and stressful for most people. In fact, it’s more work than work.
That will not decrease most people from putting a little flutter on a horse here and there or from buying a lottery ticket (the latter is among the worse bet in gambling). It may keep one or two poor people from wasting a lot of time trying to do something that is almost impossible, though.
What makes playing so lucrative and keeps the casinos and bookies in operation it called churn. Churn simply means that most bettors just keep these recycling the same money over and over again, apart from a little that the race track or casino gets to hold onto. While we bettors tend to consider our losses in terms of the whole amount we lose, the people who make a living isolating you from that money think of it much differently.
To them, they don’t win 100% of your money. They only win a few percentage points, but they do it over and over again, whether you win or lose. At the backgrounds the vig, or take out is enormous, around 20% on straight table bets and even higher on exotic table bets. The best table bets in casinos are usually only close to break even for the players. If you sit there and keep giving back a little on each hand, throw of the chop, spin of the wheel, you will eventually lose it all.
So then how do you win? Once or twice or other throughout their trip to the casino or race track almost everyone is ahead at some point. Setting a realistic goal, a stop limit, if you will, you will use to know when to give up, will give you a much better chance of winning. On the other hand, the casinos are depending on you to become most of their customers and to just keep playing unless you eventually lose.
I know one smart woman who plays the horses and sometimes the dogs. She plays trifectas. When she hits a big one, which she does occasionally, she puts most of the money in the bank and pays bills with it and uses it to buy things she needs or wants for her home and family. She might win $700 and put $650 in the bank and use the other $50 to continue playing. If she seems to lose it she gives up for a while.
Eventually, usually a week or two later, when she’s rested and feels fresh, your girl friend will come up with another $50 and try her luck again. She’s a little notebook and she writes her wins and losses in it and she is ahead, or so she tells me. I never asked what steps ahead, but something tells me it is healthy border. I’ve seen her go a month without hitting a big trifecta, but I’ve also seen her cash some comfortable tickets. I know other people who go to casinos and play poker, blackjack, and video poker machines, and do the same principle.
The point is, when you make a big score, put the money in the bank and just churn a small amount of it. Make it last and eventually you’ll hit something else big. Don’t be a sucker and just keep cycling that money through the playing machine or you’ll wind up losing it all.