1. Planning
07 Deadly Mistakes to Avoid 
/ Betfair Education / 10 July 2008 / Leave a comment
You must be prepared, have a plan.
"Without preparation you will fail before you begin"
I can't emphasise enough how important it is to be prepared. Without decent plans in place you won't have any structure or rules to follow. Trial and error can be a very costly and painful experience that I definitely wouldn't advise.
In order to become successful at anything you definitely need to have a good plan laid out before you begin, without one failure can be assured.
Racing is no different than any other investment. Being prepared and following a good plan means knowing which type of races produce the best and most consistent results, which type of methods & systems to use on those races, and what kind of staking plans work best.
All races are not created equal...
You should definitely not bet in about 80% of them. Most defy rational form analysis and produce very inconsistent results. However betting on the remaining suitable 20% will give you a far greater chance of success. After all that is how the most successful trainers get regular winners, by placing there best horses in races they have a very good chance of winning.
If you want to make consistent profits from racing, you need to be prepared, and have all the right tools and information available to you.
This series of articles has been written by Jonathan Burgess, a Betfair Accredited Trainer and author of www.false-favourites.co.uk. As an experienced punter, he has some wide advice to share, however his advice and opinions represent his personal views and not those of Betfair.
