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Gambling what a waste of money


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I look at horse racing as investing my money, rather than gambling. If you work hard at form study and don't expect to win every time, you can make a profit from your investments.

I only bet to £10 stake and don't place a bet every day, only when I see a possibility of a good return. I only study handicaps Grade 4 or higher, as the poorer class horses are far less consistent with their form. Today in a class 3 at Nottingham I found Demolition, which won at 25-1. The bad news is that it paid 33-1 on the Tote.

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Gambling CAN be a waste of money. Last week lost £25 quid. The month before, won £100 of £20. So sometimes it is worth it. Besides, if the money is spare, and your having fun, surely its not wasted?

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