Succeeding With Horse Racing Systems - The Importance Of The Right Mental Approach
You know it’s funny.
The racing industry presents one of the best opportunities going to earn a substantial return on investment yet because of the “mindset” that most people take to the track it is hardly ever realised.
Not that I’m knocking having a punt: Heading to the racetrack on a Saturday afternoon with a few mates to have a few beers and place a few bets can be a fun way to spend your money.
But I’m guessing that if you’re reading this article, then you’re interested in more than just gambling. You actually want to put a system in place that allows you to earn a consistent income from betting on horse racing.
Well it certainly can be done but to succeed there is a vital element you simply have to put in place first:
YOU NEED TO APPROACH BETTING ON HORSE RACES AS AN INVESTOR RATHER THAN AS A GAMBLER
Let’s look at the difference between the two:
1.An investor has a principal amount of money and he is looking for a consistent return on that principal over an extended period of time. A gambler has an amount of money which he is looking for an immediate return on each and every time. The investor views time as a friend, not an enemy.
2.An investor regards his principle as sacred and will only risk a small percentage of that principle on any given opportunity. A gambler has no real respect for his money and has already (sub-consciously at least) earmarked that money to be lost.
3.An investor has a pre-defined plan for getting a return on his money and will work that plan to achieve his desired outcome. A gambler usually has no plan at all or chops and changes his plans as he goes along.
4.An investor expects that he will have losses along the way and doesn’t panic when they occur. A gambler panics if he experiences a loss and tries to recoup that loss straight away.
Or to summarise - an investor employs a “business” mindset rather than a “recreational” or worse still “desperate” mindset.
If we look at what investors consider to be good return in other industries: top share fund managers are considered geniuses if they can manage consistent 15% per annum returns; real estate investors are more than happy with a 10% per annum return over the life of their investment; it boggles the mind to consider the opportunity that gamblers throw away when betting on horses.
The fact of the matter is that with a disciplined approach and good money management - a 15-20% return per month is quite easily achieved by betting on horses and all the profits are tax free!
If you want to know what industry insiders consider to be the
best horse racing systems go to http://www.winninghorsesystems.com
More Articles
- The 5 Habits Of Habitual Losing Punters - And How You’ll Profit By Doing The Opposite
If you want a short and fast rule for succeeding in betting on horses as an investment, it is this: find out what the majority of people do and then do the exact opposite! As I may have mentioned previously, the majority of punters are simply there to kick money onto the pot for the - How To Make Money Betting On Horses
Horse racing could be considered gambling which has a factor of luck, but as we all might not know there are many factors that affect a races outcome. But remember that you could still make some money with bets in races, you only need a keen eye for observation and the basics of the game - Learn Racing Basics for More Thrills at the Track
Anyone who has never been to the track is missing out on something spectacular. There’s just something incredible about watching horse racing live. The thunder of the hooves, the thrill of the crowd, the energy, the beauty, the speed - they all combine to make horse racing one of the most incredible spectator sports imaginable. Unfortunately, - Horse Racing In An Ancient Sport That Flourishes Today
There’s just something about the majestic horse that’s enthralled human beings for thousands years. Whether it’s the gentle giants’ grace and beauty or their ability to help humans get big jobs done - or both - humans and horses have gone hand-in-hand throughout history. In addition their more utilitarian functions, horses have also been greatly - Misinformation Beating Horse Racing Enthusiasts
Most people who become interested in racing, if pinned down and forced to tell the truth, the whole truth and nothing but the truth, would admit that they know very little about horses, racing and the figuring of winners. Whether or not they admit these facts to you or to me, nevertheless they know them
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
Comments
No comments yet.
Leave a comment