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Every bet you place should have some degree of calculated risk. You don't need to win every bet, but if your profits don't out weigh your losses, then you will join the majority of losing players.If you are a casual bettor and do not regularly bet on horses and sports, but you tend to visit and watch races a lot, you may not require a formal horse racing strategy. Consider how much you spend on races before deciding if you need a strategy.You should not bet on a horse because it has a track record of winning, or because the odds are good.Betting with your gut instinct is one of the worst betting strategies. Although it may be possible to win a few early bets, you will likely lose more than you win over the long-term. The internet can help you find convincing reasons to bet one or the other. This will help you win more bets and earn money. You can make lots of money if your winning percentage is greater than 50%.One baseball betting strategy trick is to make sure that you only bet 50% on the underdog. This baseball betting strategy is very effective if you carefully choose your games. You only have to be right half the time.So what should you do? Each bet must be assessed on its own merits. Consider your chances of winning as well as the reward you will get. If the odds are set as you are a 10% favorite to win and it returns eleven times your money or greater, then that's a long-term profitable investment!You should look to place your bets as close to the off time of the race as possible. http://180.215.200.69/ will ensure that the track conditions are favorable for the horse you choose. You can also check the weather forecast. However, weather conditions can change rapidly so you shouldn't rely on them 100%. You should know if your horse can run faster on slow tracks or faster on heavy tracks if you have done thorough testing.