Analysis of my horse racing tips
Betting on horseracing is the classic form of gambling. Below, I'll analyse how my horse racing tips have gone and detail my profits and losses. Summary Total invested (on all bets): $20 Details 4 April 2009 - Golden Slipper $5 on 'Horizons' to win Result - All lost Analysis My first bet was poor - I violated one of my own key rules. If you have read other pages in this site you'll know I'm all about being patient, waiting for good value and only then having a bet. But today was Golden Slipper day - the second most important horse race in Australia and the world's richest 2 year old race. I have not been following the form of the 2 year olds this Autumn - I would barely even have recognised their names - but I couldn't resist the urge to have a bet. Having made this error, I at least minimised it by betting small and looking for value. As outlined in my betting diary page I went for two horses that were at good odds and looked like they would handle the track well. But they finished nowhere, re-emphasising that when betting on horses you really have to know the form intimately - otherwise you're betting for the sake of it and will certainly lose.
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