The Logic behind Horserace Betting

                                                                                         

Contrary to misconceptions, you do not need luck or inside information to make decent money out of winning betting strategies. The only way to get around a bookie is to beat the logic, the same logic, he uses himself. People lose money, not because they lack instincts but because they fail to understand the logic and the mathematics that govern a good horse betting system.

Here is a great horse betting system for you. Make use of it to substantially increase the number of wins and cut down on your losses.

No Guarantees

Before we move any further, you need to be clear about the fact that no betting system is 100% guaranteed. No matter what system you use, you are going to lose once in a while.

Starting Bank

You are going to need a starting bank to cover up for all your loosing bets. No need to be extravagant! We suggest you begin with a bank of somewhere around £250.

You need to stick with the plan or you will end up blowing your entire bank account before you know it.

The Working

This betting system is based on the fact that almost 40% of most horse races are won by the favourite. This means that of you bet on 10 races a day, you are sure to win at least 4 of them.

For each race you need to bet only 2% of your bank on the favourite. Thus if you stake £5 you will win back £10 including the original amount. Be sure to check the odds. You should place a bet on the favourite only when the odds are close to 11/8 or more than that. For unfamiliar odds, divide the first figure by the second (the result is 1.38). Anything less than 1.38 should not be touched!

If you’ve won on a particular day, quit betting, otherwise bet again. Use the series, 1-1-2-4-8-16 to bet. According to this you will need to bet £5X1 on the next race, £5X2 on the next and so on for at least 5 to 6 races. We seriously doubt that you will need to do that. You can’t go on betting 6 times a day on a favourite without seeing a single win.

Why only 2% of the total principle? This way, even with subsequent losses, you are highly unlikely to run out of funds. You need to keep in mind that if your starting bank accounts exceeds over £250, you need to keep betting only 2% of the original amount and not 2% of the final available balance.

Have you doubled your bank? If yes, now is the time to double your stakes as well. Enjoy horse betting. Play smart!

About the author:
For more insights and further information about online horse racing betting visit our site http://fpsystem.co.uk/

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