You may think that poker and horse racing are entirely separate entities when it comes to betting and making a success of the situation. However, we would like to share with you reasons how these two disciplines are actually intertwined and how you can learn from each to become a better player.
Bet sizing is a vital skill that anyone in the poker world should possess, whether that be on a physical table or via a virtual site such as Red Flush Casino, in addition to the usual skills of bankroll management, game selection and disciplines. Bet sizing is so important and is often a matter of timely calculation. If you bet too high, your bet might come across as a threat enough to authorize a call and don’t bet too little either as this would make you look suspicious.
The same prominence given to betting is also evident in the game of horse racing. It is important to choose the right stake for the situation, considering the number of betting options available in a single race and, up to the entire occasion.
A lot of factors including your bankroll size, the runners, the odds, the conditions and the possible returns must be considered before staking. With this list of available options, we believe you now have an idea on how to bet wisely on a race.
So how will a straight win bet, or forecast, or an each-way stake help you at the poker table? Aside from the side action, a world class horse racing meet such as the Cheltenham Festival is a great opportunity for aspiring poker fans to learn and have little knowledge about betting. Although we have suggested some of the likenesses that exist between decision-making in the two disciplines, the feasibility warrants more than just a few words.
So, for the purpose of learning and winning, here are a few tips on how horse racing could give you a little more insight on betting.
The Size of Your Bankroll
As you already know, as with any sort of gambling, your bankroll size is a determinant when it comes to poker. However, as pointed out by the ABB in July, under no circumstances should you take more than you can afford to part with, whether that be at a racetrack or poker table.
Before you go to the races, make up your mind on how much you’re going to stake and stand by your decision regardless of what happens. To make it easier, decide on how much you would wager for each race and do not deviate.
Planning ahead gives you the time to set your priorities right. In horse racing you should set your focus on selecting which horse stands the best chance of winning based on its skill and shape.
More so, at the poker table, constantly analyse the versatility of the game and moves that will work on certain players or not.
You may wonder how horse racing and poker gaming relate to each other but both are actually intertwined disciplines. Most importantly, the key to success in both games is good planning and pliability. Having clearly defined boundaries can help you achieve the best possible results garnered from all the information within your reach.