well we are doing this month on my personal back selections. Over +40 pts profit for August.
As normal in Betting On Horse Racing we have had some slow weeks and some fantastic weeks of profit, this is all part of it - but those who have been with me for the past few months have made some nice profits on the back bets and I have also shared my own personal lay system with you. If you have also adopted my trading strategy you will have nearly doubled your bank again this month.
I have a few places left on the September mailing list, so if you want to really start making money and have not yet taken the plunge then email me on richard@racingprofits.net and get on that September list. I will be capping it at 30 places as usual - to allow me to work with each person on an individual basis aswell as a group.
Here is a quick free video for everyone passing on some of the things I have learned over the years about setting up a betting bank correctly to give yourself the best chance to make money. Enjoy. RM
Betting On Horse Racing
The fact is that most people regard making a good regular income from Betting On Horse Racing as an impossibility or something that they need to have years of experience behind them to achieve. In reality I believe that anyone can make consistent profits by building up their betting bank and increasing their staking levels in accordance with their betting bank.
I also recommend that you learn the basics of betting to give yourself a good grounded foundation to build from. This includes:
Setting Up Your Betting Bank
One of the first things you must do is to set yourself an affordable betting bank from which you can make your bets. The most important thing with setting up your bank is to ensure it is totally separate from your day to day money. Your betting bank is your “working capital” and if you lose your bank then you are out of business. I cover this in greater detail on my blog in my training videos.
Setting Your Staking levels
These videos will help you understand the most important area of horse race betting - money management, every Pro Bettor I know has superb money management skills and knows that to make money you must know how to manage it correctly.
To Make Money Betting On Horse Racing You Need To Think Like A Betting Pro
The next step on the road to success is in thinking like a Betting Pro, you need to be making clear betting decisions each and every day, you need to develop patience and discipline to see through the inevitable losing run, to the rewards and profits that await when you hit your winners. The importance of developing this approach to your horse race betting is just as important as the selections you make and your money management. I see so many people who would actually make money over a season or a year, give up after a few losing bets, because they fail to master this mindset.
The Final Piece Of The Horse Race Betting Puzzle = Information
Yes - having the correct information from the correct source will save you time and more importantly it will guarantee you success and profit, month after month and season after season.
When I first became a serious bettor over 10 years ago, I made it my job to attend as many race meetings as I could and meet as many people in the business as possible. Over the years this network of contacts has grown and grown until I now have contacts at most stables in the UK, aswell as some very close contacts from Ireland. Every day I receive phone cals and emails from my contacts, letting me know how theiur horses are performing on the gallops or schooling over the jumps.
Does it work ?
Absolutely - I tell everyone who I mentor and subscribes to my email service, this is not designed as a "get rich quick" scheme - this is a traditional approach to building your betting bank - increasing your stakes and building your income - month in and month out.
If you want to know more, please take your time looking around my website and if you have any questions at all please feel free to complete the contact form here.
