Can one really make a living from horse race betting

Question

Can one really make a living from horse race betting

Answer 1

Yes, but you need to be very disciplined.

Don't bet everyday and if necessary be prepared to wait weeks or even months before having a decent sized bet on a horse that you really fancy.

Also DON'T bet in handicaps, maidens or sellers. Stick to betting in Group races only.

Answer 2

only way to make money is to bet on favorites for a place. big bets for a profit is always going to be better than bank interest

Answer 3

Yep. I'm related to one who did that his whole life, lived well and never worked a day. Only went to the races. He only backed horses where he had good inside information. He would go to the track to place only one bet. He had a good tip and went to the track to see what was happening and to confirm that the horse was fit, training well and running fast.

Of course anything can happen in the race so no tip is a certainty, but one can make a living from horse racing. To do it by studying form and stuff like that, you would have to be really lucky, but to have info from trainers and stable lads etc it can be done.

You can study form till you are blue in the face, fact is horses are living things and go through good and bad periods and days. A horse may have to absolute best form but the stables just want him to have an outing before a really big race, so the horse is not trying. Form means nothing. More favourites by far are beaten then win.

So inside information is the key, a horse is fit, it's running fast, and is in the race "TRYING." Then you have a chance

Answer 4

yes you can make a living out of horseracing but you have to be good judge and have a bit of luck on your side as well.If you look at bfal horseracing for instance you can enter a competition for just £5 a month and win nearly £2000 in prize pool so for a fiver you can win say 50 at the worst or best way win like 600.

Answer 5

You can make a living betting horses in time. You cannot expect to be a professional handicapper being a weekend bettor.  

If you are willing to put in the work, i.e. keeping records, exhaustive research in the past performances, patient betting, and a beginning bankroll, & a bit of good luck, you can do it.

Check out some of the pick six payouts  Santa Anita, Delmar for example,   some of them are life altering payouts and the big one we all dream of hitting.

Answer 6

hi trev,you certainly can m8,if you email me i will send out info reg.how to make a profit,WE are a club and as a member we will show you how it works.also i dont know of anybody who makes a regular living trying to back horses to win races,it just dosen't work.WE can explain why and how.  ([e-mail])

Answer 7

I certainly couldn't because I follow horses that I like too often, but I do find that when I go to the races I often win because I can see the horses and make a judgement that I can't do from the daily paper.

You often see people standing round the paddock with mobiles phoning people, bookies, prof. gamblers etc., and giving a breakdown of each horse as it parades, plus how the betting is going.

So many horses play up, sweat, are off colour on the day of their race you just need to be 'in the know' often the race is lost in the paddock or going down to the start, your money in the bookies satchel, good question though...Jacqui x

Answer 8

Bookies...

Ahh, got you their!! But seriously some people accually do, but is very hard, they check out the horses, track, Jockey and so on just for one race.

Answer 9

YES, DEL MAR TODAY......RACE 4......HORSE 4....IS 8/1

Answer 10

Someone, I believe it was 60 Minutes, did a show on just this thing.  They focused on a couple whose sole income was derived from horse racing.

But as everyone says it was "work."  Granted, not the same as paving roads in the summer or tarring rooftops, but there was a serious committment.  They got up EARLY to watch the horses train.  They knew the jocks, grooms, trainers, owners and sires.

It really looked like they had fun doing it.

You should check out the archives of 60 Minutes.   This was ten or more years ago.  But I do remember it being a very interesting segment.

Answer 11

yes, but you'd need to be very clever working out the statistics and very lucky by all means, also you'd need some money to start with for your first couples of bets, in my opinion i'd rather have a job and do it for fun :D

Answer 12

You can certainly try. Inside info can be a good source, but who are you going to get it from? Stable lads....notoriously dodgy. Jockies....notoriously bad tipsters. Trainers...Need to be spending money with them in large lumps and even then not a lot of good..well...I recall back in the early 70's I went to races with a certain high profile (now) trainer to back one of his horses..got beaten a head. He then gave me a tip for another the following day and he won the race with his other runner...but.. he did tip me his 50-1 guineas winner so I guess I came out on top.

You will never make money following markets or backing every race. You need to be selective..study only certain types of race ie non handicaps or 2 year old or sprint races.. the thing is to specialise. That is the best way to put the odds in your favour.

I basically bet for fun, but, when watching races often you will note something which makes you sit up and think..about 2 years ago I saw a race over 5 furlongs, the jockey clearly took a tug in the stalls loosing about 8 lengths. Almost from the start he was very forceful (knocked the sh*t out of it) and got beaten about two lengths. His next race was over 6 furlongs.pinged the stalls jockey didn't touch him with the whip a very gentle ride and again got beaten about 2 lengths. Next time out it was back over 5 furlongs...I had a serious bet..It pinged the stalls vigorously ridden and won at 33-1...thank you !!

Hope that helps you a bit..I am on the right side but by no means would I give up the day job !!!