If you're still losing at the dog track, it's time to step back and take a look at what you're doing wrong. One of my friends told me recently that he doesn't consider his losing bets failures. He says he considers them investments in learning how to handicap.
Well, this may be true, but I wonder how much time and effort he's going to put into those "investments" and when they're going to pay off. If he just keeps making the same kind of losing bets over and over, what kind of return is that on an investment?
I think it'd be a lot better for him, and for most people, if they'd take a break from making losing bets. Try something else. Learn everything you can about handicapping and even invest some money in some research and instructional material.
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That's the key to being able to pick winners at the dog track. Over the last four decades, I've gradually built up my knowledge by researching, reading and putting it all together into methods that help me pick winners and exotics. Now, none of this taught me how to instantly pick winners every time I bet.
But, taken together, all the research and reading I've done over the years have taught me enough to almost always go home with more money than I walk into the track with. Each research path I took, while not perfect, had something that helped me get better at picking dogs.
From each one, I got nuggets of information - pieces of the handicapping puzzle - that I put together and use to win money on quinielas and trifectas every week at my local track and simulcasts.
It didn't happen overnight and I wish now that I hadn't taken so long to add to my handicapping library. I did it slowly over the years and it would probably have been better if I had been a little faster.
I think that the best piece of advice I ever got at the dog track was from an old-timer who was pretty good at picking dogs. He told me that he never turns down a handicapping book, because he learns something from every one of them.
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