Betting with a small bankroll

Published by Lucky Dog under Horse Racing.

During the month of June my goal was to see if I could build up my bankroll by betting wiser and less frequently. My total wager amount was $126.40, and I ended up with $196.80 from 11 winning wagers. The average win was about $18. The biggest win was $32.75 on a pick 3 at Gulfstream Park. I also had two 14/1-win bets on back-to-back races at Gulfstream that returned $54 on my $2 win wagers. The type of bets that won were Win, Exacta, Daily Doubles, and Pick 3’s. The two Pick 3’s were the largest wagers at $6 each.

This is a departure from the pick 4’s that I was playing earlier in the year. But knew I would have to spend at least $18 or more to have a chance at winning a pick 4. Instead, I decided to play fewer races and spend more time looking for opportunities that would add to my bankroll. Some days I would quit after gaining as little as $3. Other times I would play longer and place more wagers if I was on a win streak. You don’t want to quit when your picks are winning races. I’ve had many days when my handicapping was not working. Then, other days when I have seen things in the racing form that gave my horse a winning advantage.

It will be five months (11/4/22) before we get to the 2022 Breeders Cup races at Keeneland Racecourse. That leaves plenty of time to add to my small bankroll, if I continue making smart wagers. The next prep races will be the Haskell Stakes at Monmouth Park on July 23 and the Whitney Stakes at Saratoga Racecourse on Aug. 6. The undercard races usually offer great wagering opportunities. It helps if you can get familiar with which jockeys and trainers do well at a certain track. When I wager at tracks that I am unfamiliar with, it makes it much more difficult to win any money.

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