When Is Formula Going To Be Back In Stock What is a Good Profit From Horse Racing Handicapping Or a Reasonable ROI?

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What is a Good Profit From Horse Racing Handicapping Or a Reasonable ROI?

Many people ask, “How much money can I make betting on horse races?” While many people struggle to make a profit from horse racing handicapping and horse racing betting, few people have a realistic idea of ​​what can be expected and how much profit can actually be made. Horse players often talk about ROI or return on investment (ROI). Simply put, it’s a percentage return on top of your initial investment. So if you spend $100 on a winning bet and get back $125 your ROI is 25%.

So how do you know what a good ROI is and what to expect? First, when comparing investments, you should look at competing investments and also consider the amount of risk and work involved. Handicap horse racing is time-consuming and therefore, you have to pay for the time you spend handicapping. You can pay an expert like me, to do some of the handicaps, which means you will have to spend less time than you do, but in the end, you will have to spend some time researching and thinking how to bet.

If you buy stocks or make any other investment, you need to do some research. You may have a broker making recommendations or an accountant or an analyst, but in the end, as with the people who pay me in the disability nations, the final decision rests with the investor. Most stock investors now consider 10% a reasonable return on their portfolio.

How much you can make on horses will vary from week to week, but your annual average may be better than stock returns, but with greater risk. When it comes to horse handicappers, even the leading ones have their ups and downs and you have to look far and wide to get an accurate idea of ​​what is reasonable. For example, during the week of June 11 (I work in three weekly blocks of the week and send a newsletter with information for each three-day block) my main horses made a profit of more than 80% ROI. That is very high, but the following week the profit on the same types of bets was very low.

In a recent weekend, June 25th 2010 to June 27th, 2010, my top picks made a flat betting profit on wine bets for thoroughbred bettors of 22% ROI, while bettors playing my top picks on harness races at half mile and and 5/ 8 mile tracks earned 11% ROI. There are no guarantees in betting on horse racing and it would be irresponsible for me to guarantee profits or try to estimate how much profit is expected due to market volatility.

In general, however, it’s safe to say that sometimes horse racing bettors can see a higher rate of return than bettors in other markets, but they pay for that with potentially much higher risk.

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