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Specialize,become expert in certain categories/subsets of the racing game,and understand them deeper,that creates natural limits,which prevents the dreaded overshoot where the bankroll gets eaten up by churn.
Less is more,when you find an ideal situation,back up the truck and fire away,get as much as possible out of the potential.
Avoid becoming an action junkie,this is the biggest reason many horseplayers walk around with holes in their shoes.
Enjoy the sport,attempt to achieve profitability,but don't become consumed with it,have clearly defined parameters,stick to them,and practice moderation.
When the "scores" happen use the proceeds creatively,don't feel guilty and send them right back,do something different,expand skills in other areas/fields too.
Good luck...
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