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Originally Posted by Scamper

The wealthy don't get that way by risking much of
their own money and neither should you.

You need to be a good handicapper, you need a lot
of patience, but you don't need a lot of money.

For example, at the start of the day look for a
relatively easy race to wager. One where you can
identify a winner at 2/1 or 3/1 odds. Make a small
wager from $8 to $20. For example, $4 to win and
show (insurance). You will get back around $18.

Next, place that money on an exotics wager.
For example, a Pick 3 with the combination of
2 X 9 X 2 or 3 X 4 X 3. The cost for a $.50 bet
is $18.

You will soon be wagering with money won, otherwise
known as other people's money (OPM), and
none of your own.

You control the game when you are wagering with
OPM.

The game controls you when you are betting with
your own money. You may get lucky for awhile, but
the deeper you get into it the more it will control many
aspects of your life. Eventually, you will wind up
wasting far too much time and money trying to get
back to even.

Wining at the races has nothing to do with bankroll size or whose money you are playing with. Winning is a state of mind.