Thursday 20 April 2017

Horse Racing Tips - How to Use Them to Find Good Bets

There are all kinds of horse racing tips available to the people who bet on the races. Some of those picks are very valuable while others are just a come on to get you to spend money for more information. Like any other form of investing, wagering requires some planning and good information so that the investor can make a good decision. So the question arises, "Should I use those tips and if so, how should I use them?"

My advice is to proceed slowly when gambling and trust me, betting on horse races is gambling and very risky, in spite of what some tipsters would have you believe. The best way to find good information is to test it first. Ignore the sales pitch and rhetoric and instead, get picks and test them with paper bets or very small bets first.

When you go to a doctor for a serious condition and get a grave diagnosis, your fist step should be to get a second opinion. I advise you to do the same with horse racing picks. You may read what the handicapper has to say about a race and the horses and then read what someone else thinks about that same event.

Do they agree on any points? Do they disagree? Often you'll find that public handicappers like horse racing angles and will spot them from time to time and write about them. Unfortunately, they sometimes place too much importance on these little gems and that's where you, the consumer, have to use your judgment. If two prognosticators like the same runner for the same reason, they may be onto something, but if you get two completely different opinions, how do you know which one is right?

That's where testing and evaluating come into play. If you follow these tipsters for a while and get to know their strengths and weaknesses, you'll be able to tell when they are on track and when they are off course. That is an excellent way to let other people handicap the race for you while you simply handicap them. It doesn't matter how you form your opinions about a race and the runners, it just matters that at post time you can fairly evaluate each horse and then spot a good bet.

When I say a good bet, I mean one that has a positive outcome. In other words, the return outweighs the risk. How will you ever know that? Once again, it comes down to experience and following the handicappers long enough to know when they are on target or when they are off. A big part of horse racing handicapping success is experience and patience.

Article Source:
About the Author

If you want to learn how a horse owner and insider handicaps just go to and get the truth. Bill Peterson is a former horse race owner and professional handicapper. To see all Bill's horse racing material go to Horse Racing Handicapping, Bill's handicapping store.