Handicapping vs Money Management

[brianwspencer]

Originally Posted by merasmag

i am just getting more sophisicated in my betting when it comes to exotics, but as to anything else my mantra is still a winner is better than a tear up

I'd venture to say that you may also be a fan of my betting strategy.

I take $50 to the track, and put $15 into the machine and get a betting voucher. I then spend the other $35 on beer.

Then, I bet that I am going to be completely wasted.

It's a no-lose situation, because even if you drop the other $15 on bad horses....who cares? You're already too drunk to be mad about it.