A GOOD TIPSTER IS A MUST IF YOU DO NOT HAVE REQUISITE KNOWLEDGE
There is no shame in following certain successful tipsters through their blogs and otherwise, but that doesn't mean you follow different tipsters for different races, choose a tipster for a day and follow him, if its a card of 8 races the tipsters will deliver 3-5 winners. If you play all races, you might end up in a loss, because few of these winners will be at short odds, however if you pick and choose, there is every chance that you will end up making money.
Another method is following tipsters for types of races, for example, there are tipsters with good record in low class races, and tipsters who are specialist and deliver high percentage of winners in graded and listed races. There are many tipsters around that favor the longer odds horses, it is best left to your judgment which type of races he usually gets longer odds winners in. I know a particular blog which favors longer odds and usually finds winners in sprints, so following him when unsure of favorites in a sprint is a good strategy.
There are also center specific tipsters, they specialize at the horses of a particular center, pay attention to them, they have vast knowledge of the conditions, horses, professionals and owners and know the trends better than most. It's true after punting for few weeks a punter thinks he knows all, but being prudent is being a man who understands that there are others who also have a point of view and certain people are seldom wrong.
Many punters get frustrated with one bad day and vent their ire at tipsters and leave shameful comments on the blogs, well my dear friends, if racing was so predictable, all trainers and jockeys would have beaten Ambani's and Mittals in riches. This also gives us another principal, expect the unexpected. What you expect never really happens in life and its more true at the race course, when you enter the turf club you maybe bubbling with enthusiasm, having pin pointed certain winners, but then you see the hype around these horses being destroyed over the course of the race. There is only one way to differentiate between hype and reality and that's knowledge.
'KNOWLEDGE IS THE KEY'
A good horse race betting strategy involves gathering all of the knowledge you can about a particular race. One should prefer horses that are previous winners, or ran close to winners, choosing a horse that has won before is a betting strategy that often works, but it still has certain parameters and theories before a bet is made, a youngster is often considered difficult for win when giving weight to another youngster despite a comfortable previous winning outing.
Form is important, stick to horses who have recently run in a race and were creditable performers, this shows they are fit and their legs will be ready to compete. Close finishers within couple of lenghts are ready to strike soon. A horse that is coming after a lay off shows that it may have suffered a recent injury or sickness. It doesn’t matter how good they were before their break, chances are they will need to get back to track form. As you watch creditable performers, its also prudent to keep a watch on fit horses who are non jobbers, they are on a weight reduction mission or lowering class mission and are potential goli's to watch out for. Well seems too much work...leave this job to tipsters they are keeping a watch and such horses are always in their fluke list a couple of races before they are actually tried.
'JOCKEYS HOLD THE WHIP!'
Jockeys are also in form or out of it like horses, so one must also gain knowledge about the jockeys, some jockeys are masters on tracks, they give the animals their workouts and prepare them for races, but in a race they might foil all the chances of the horse to win, so every jockey have different specializations, good jockeys turn dud's into real thoroughbreds during a race, while others are capable of turning winners into losers with inept handling, some are good at running non jobbers, and make a hash of it when they go for a win.
'DON'T CHASE LOSSES'
You must have a figure for the loss limit, beyond which call it quits and live to fight for another day. Don't increase amount of bet when losing, on a bad day, the losses will pile up, as there never are 100% winners, even the sure shots have been known to lose because they burst a blood vessel or turned in lame, or an accident forces the rider to fall of the horse or...it is slow off...anything can happen, so keep your betting unit constant. If you lose, go slow, make smaller bets, because chasing your losses you can lose enough to be off racing altogether in a short time. I have seen many punters come and go in last three decades, however most of the book making companies are the same. So when its a bookmakers day...give him less...as less as possible Do
'ANALYSE THE ODDS'
If you do all above right you come to the most crucial aspect of winning, wagering ...to successfully win, one must analyse the odds, spot worthy favorites, and if you feel the horse isn't a worthy favorite, its better to eat than play, and more successful to win consistently, picking a winner is difficult, picking a loser is easier. Odds movement in the market gives clues to chances at race, the jobbers have shortening odds and losers odds are most likely to drift higher, many people get suckered when they find their much hyped horse at a better price...and back it only to lose. Learning how to spot the better odds and weigh them against the horses in the race is a good way to strengthen a horse race betting strategy. Most accurate resources to turn to when investigating the odds of a horse race available today are tipsters who have their blogs, regular visit to your favorite tipsters will surely give you early warning systems and you will be well prepared early to sight right horses with right odds in the ring. Usually, these tipsters have years of experience, which comes in pretty handy when choosing winners.
'TRACK CONDITIONS'
When you pay attention to the track conditions, you might be able to incorporate this information into your strategy, tracks that are slow or heavy provide good racing conditions for fast starters. Horses that tend to take the lead early succeed better with muddy, slow, or heavy track conditions, as we saw in Pune races recently.
'FINALLY'
It takes time for one to be aware of so many things, and I have come across people who have a hole in their pockets because they like to bash these tipsters , one miss by the tipsters and these frustrated losers resort to abusing them, some of them consider themselves as Nostradamus of racing, honestly we stop seeing them soon enough, and don't even miss them. Making money is difficult, but losing it is very easy. One of the eminent tipsters wrote a wonderful thing to me in an e-mail, he considers horses as stocks and invests in them, he is a successful and respected tipster, and if you find such a gem around you, you will surely end up making money.