Money Management, Money Management, Money Management
In the late 60's early 70's I would often times meet up with Ora Stratton in the Pompano grandstand. In the beginning I would bet the same horses as Ora. I would go home a loser. Ora would go home a winner.
Why?
Ora would bet small most of the time, but big on the one or two horses he really liked. I on the other hand bet small on everything.
I soon learned to only bet on the one or two horses Ora really liked. THEN WE BOTH WENT HOME WINNERS.