Dear Fellow Bettor,
I've been involved in horseracing for a long time and, as an owner, I've been incredibly fortunate. Actually, I’ve part owned horses called Love's Design and Rapid City, who between them have managed to win an astonishing eleven races. If you're a regular racing follower, you'll know how rarely this happens.
And it's the same with betting.
Did you know that 98.3% of gamblers lose money?
And, of that tiny minority of 1.7% who can turn a profit from racing, almost all are professional gamblers.
Their 'day job' it is to sift through the mountains of information relating to every possible element of a horse race, trying to find the answer.
How many of us have the time to do this? In fact, how many of us even want to do this? If you're like me, then you enjoy your racing and betting. But you have bills to pay, and you can't just rely on betting to 'bring home the bacon'.
At least that's how I used to be. I suppose I used to be an above average gambler. I used to win quite often but overall I know that I lost money. Not a lot. But I was definitely in the 98% who regularly donated to bookmaking charities!
Then, about eight years ago, I decided that I'd made enough contributions to the Bookie's Benefit Fund. I decided that I wanted to be in the top 2%, who actually took more money out of racing than they put in.
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