If you have a choice, look for races where horses can be placed at each other.
That way if one of your selections gets injured and is scratched from the race, you still have another chance in the next race. In most cases, this will give you more money back than placing the same amount at each spot.
Betting on horses that run similar distances
Betting on horses that run similar distances (e.g., 1/4 miles vs. 3/8 miles) allows you to spread out your wagers by position so there will be less risk involved with any single wager. This will also help reduce the number of scratches because it’s easier for a jockey to ride two different types of distances.
Most importantly, start small; never bet more than 10% of your available funds
Once you get used to the game, you can increase your wagers. Remember: The goal is not necessarily to make a profit but rather to stay ahead of the field and hopefully leave with some cash after the race.
Don't let greed lead you astray
If you find yourself getting excited about a particular horse and online casino games, keep an eye on the others coming up behind him. A good horse might come to life when he's being chased by stronger competition.
Don't put all your eggs in one basket!
It may seem like a smart idea to bet heavily on one horse, but what if he loses? You could end up losing everything. Instead of putting all your money into one race, try betting $10-$20 at each post. Your chances of winning will drastically increase as well as your profits.
If you have a few days before a race, consider waiting until then to bet
Sometimes the weather conditions can affect the outcome of a race. For example, if there has been raining or snow recently, you won’t want to take a shot at a horse that hasn’t had time to dry off. Be aware of the local conditions before deciding how much you wish to bet.
By using various options, you can select exactly which teams you want to bet against. This will help you avoid taking too big a gamble with one team.
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