Betting Systems, Lies and Horse Racing – Why 99% of People
Fail To Make Money from Betting
Hard financial times and the rise of the internet mean that more and more people
are turning to betting on horse racing as a way to make extra (or even full time)
income but is it really as easy as the so called ‘gurus’ would have you believe ?
The answer is NO!!! Sorry to disappoint but the people who tell you can really
make £100,000 + a year with a simple 1-2-3 system, 5 minutes work a day and a
£50 starting bank are lying through their teeth.
Now I’m not saying that it is impossible, far from it! But in order to make long
term and realistic profits you need 4 things…
The Right Mindset
The Right Tools
Solid Knowledge of the sport/event you are betting on
And the most important thing you need…
And that is why 99% of punters fail to make money from betting, they want to get
rich fast on the word of some self proclaimed ‘expert’ with no investment, no real
knowledge of horse racing and no effort on their part.
You should not expect to be a millionaire in a year if you start out with a few
hundred pounds and be prepared to put at least a little bit of effort into
researching your bets. Like any other form of investment the more you put in the
more you are rewarded – and the rewards will often outstrip investing in any ISA
or high interest savings account by a massive margin.
What if I told you that you could safely increase any sum of money by around 5%
every month – would you turn your nose up at it?
If you invested £3,000 in a savings account with 3% yearly interest (and you
would be lucky to get that in the current market) you would have a grand
total of £3,091.37 in that account if you left the money untouched for 1
If you put £3,000 in a betfair account and grew that money by 5% each
month you would have £5,387.55 in that account if you left the money
untouched for 1 year
Would you still turn your nose up at 5% ever