"Your Next Step Toward Professional Level Race Betting"

The most important question in racing - 

The one you must answer truthfully if you ever hope to make race betting an important source of income . . .

 

Do you bet to win races - or do you bet to win money?

 

There is a huge difference.  

Really, most players bet to win races - the more the better.  They have a need to get lots of winners and that's understandable; however, the skill that leads to real betting profits is: The ability to identify potentially lucrative betting situations and then bet them correctly - even if it's likely that particular race may be lost.

 

This is what separates the professional from the crowd.

 

At Horse Racing Gold we believe betting success depends on a multi-pronged approach. 

You must be in a position to cash in on the big payoffs while also getting the "bread and butter" medium payoffs that carry and protect your bankroll.

This is accomplished by the implementation of "Portfolio Betting."

Portfolio betting requires setting up multiple and separate bankrolls for different types of bets: Win, exacta, trifecta - etc..  

Each bet type needs to have a positive expectancy.  The banks will fluctuate - sometimes wildly - but while one part of the portfolio in a losing streak - another will be in a winning streak.  One bank might be hitting many relatively low paying "bread and butter" winners while another hits only one winner in three or four days of betting - but pays big.  

That's the point of portfolio betting.  It smoothes the highs and lows.  It commits neither to the highest ROI facet of your betting nor to the highest win% facet of your betting.  

Example: One trifecta method you use is getting you a very high ROI of +43% - but hits at only a 1 in 11 race clip.  An exacta strategy you employ gets only a +12% ROI - but hits at a 4 in 9 race clip.  Both are positive and both serve a purpose in portfolio betting.

The tri method of course is an obvious play, but its low 9.1% win rate is dangerous.  The risk of a potentially long losing streak will always be present.  Employing the less profitable but much less risky exacta strategy at the same time will help you weather the inevitable losing steak for the tri bets.

 

You must put yourself in the position to win . . .

- If you are psychologically "down" because you're going through a long losing streak - you might skip a day of racing that you otherwise wouldn't have.  That day might produce what would have been a week's profit in one good trifecta hit.  

- If your bankroll is rapidly diminishing - you're likely to change your betting and again miss out on a big payoff.

- If you limit yourself to a strictly conservative betting  approach - you'll often watch your horses come in - involved in big exotics payoffs - without your money on them.

 

For most players, we advocate maintaining multiple bankrolls, from among;  Win, Exacta, Place and Show parlays. 

 

We invite you to take the next step towards professional level play

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