If you’re going to place a bet, it’s important to do so carefully. All too often money is wasted by following any old horse racing tips UK wide, with little consideration for the selection. With that in mind, we take a look at the common betting mistakes you must avoid.

One of the biggest mistakes people make is placing a bet on a horse simply because it has been tipped. If you’re going to follow a tipster, you need to know more about their track record and study the race. Don’t choose a horse because they’ve picked it.

Another huge mistake is chasing a loss. You’ll only end up losing more. Another error is paying for betting tips. There are plenty of free services available today, and paying for someone else’s opinion isn’t the way to go if you want to make a profit. Finally, a lack of consistency is another problem. Most punters don’t follow a system long enough for it to work, which always leads to money being wasted.

Hopefully, you’re now more prepared to make money from horse racing. Remember; don’t follow any old horse racing tips UK, stick to a system, and never chase a loss!

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