Money Management

[Houndog]

This has also been an area I need to work on. The one thing about any money management system is you have to have a positive expectancy in your handicapping. I don't think a money management system exists that will turn a profit without this.

I agree with Gary in that if you cannot double your money with a small bankroll, how do you expect to do it with one that is larger. I have not had the discipline to do as Gary has suggested, but it is very good advice. I look at the big exactas and I worry about missing out. I am not at this point much of a trifecta player. Perhaps an idea would be to maintain 2 bankrolls, one for your solid bets and perhaps another one for "action bets".