Australian Horse Racing Systems: The Right And Wrong Ways To Bet In Australia
What are the best Australian horse racing systems out there? More and more people in Australia are discovering that horse race betting is a great way to supplement their income AND enjoy a relaxing weekend at the same time. Want to join the crowd and fill up your savings and retirement fund? Here are the right and wrong ways to do so!
Don't Jump Right In.
Look before you leap! Many novice horse race bettors jump into betting right away, often either betting on the horse with the best or worst chances of winning. And as I've mentioned earlier, punters who don't track their bets end up losing their money 99% of the time!
Here's the right way to get started: Test everything on paper first. Try out a horse racing system WITHOUT betting any money. As you track the results, you'll get a hang of betting and even work out a good way to find the winning horse at least 20% of the time. The best bettors out there start out by paper-testing a few systems for at least 3-6 months, so be ready to invest that amount of time as well.
Minimize Your Risk!
Two additional common mistakes that many novice bettors make is NOT planning ahead, and NOT having an odds ceiling when betting. And yes, this costs a LOT of money in the long-term. Most Australian horse racing systems actually discourage careless betting to protect their users.
The right way is to minimize your risk. Just bet on the 3 horses with the best chances of winning, and have a maximum odds ceiling to keep your bets in check and your profit margin reasonable. And if you're ever in doubt, DON'T BET!
Horse Betting Is A Long-Term Effort.
To succeed in Australian horse race betting, your goal has to be long-term. Even the best Australian horse racing systems can have losing runs once in a while, but over the long-term (think of years and decades) manage to pull down profits of 20-35%. So adopt a long-term approach, and you'll be sure of many enjoyable weekends to come.