Horse Racing Tips   Horse racing tips - very interesting topic on which I could talk hours and hours. It seems to me that nowadays there are more horse racing tipsters in UK than gardeners :-) Everywhere you look – impressive advertisements promises you to get access to “horse racing insider’s secrets” in just a seconds time, just give us a call, text message or apply online. They are everywhere – literally thousands of them. Just do a little search on Google, you’ll see for yourself.      The best ones – small ad boxes in daily newspapers (like “The Sun” or “Racing Post”) just with a photo of serious man and phone number. Great! No information about past results or any proof of tips quality. Horse racing tips in a phone – they charge you up to £2 per text message!!!      Obviously there is a very profitable market for these “so called” tipsters – I can imagine scene in a Saturday afternoon in the local pub, where bunch of drunken man challenges each other to finally beat the bookie. There are several horse racing tips available:      1) Back Tips – horse racing tips predicting which horse will win particular horse race. These are the most popular ones because you can place a bet in local bookie, by phone, with traditional online bookmaker or betting exchange, like Betfair. What I really like is when on ads they show some recent results, high priced winners like 16/1, 8/1, 32/1 etc. They don’t tell you how much bets were placed! What’s the point from these “results” if he predicted one winner @ 16/1 from the last 25 bets? In long term they are losers.      2) Lay Tips – with introduction of betting exchanges, lay horse racing tips become very popular. Tipsters will try to convince you that now you can take a bookmaker role of laying horses. It sounds really good because you think, yeah, it’s much easier to select one horse out of 12 runners who will lose than to pick a winner. But you have to understand that lay horse racing tips aren’t different from traditional tips – you’re still playing with odds. If you Lay high priced horse, your potential loses (lay liability) also will be very high. So if you can pick winning horses, you can pick losers as well and vice versa. All that matters is your bets VALUE (odds better than possibility of outcome).      3) Other Tips – for a “fair price” you can also get other types of horse racing tips, like for – place bets (popular market on Betfair), Scoop 6 Jackpot etc. You can even join some syndicates when members put money together to play on Scoop 6 Jackpot every week by placing hundreds of bet combinations. I have never seen any huge winnings made by these companies. Far often you’ll read in a newspaper how workplaces syndicate won Scoop 6 Jackpot or Euro Millions jackpot.      In conclusion – I think all those tips are useless unless you don’t have a proper staking plan in place, allocated betting bank and willingness to stick to the plan till the END :-) I’m not sure how one can make money from these newspaper tipsters. But maybe their main purpose is just to entertain people? If that’s how you like to throw away your hard earned money – fine! I’m happy for you :-)      Although there are profitable horse racing tips services available on The Internet, most of them charge so much for this information that you have to have at least £10 k betting bank to make it worthwhile and to make any profit. And even then – stress will become your new BEST FRIEND!   To Your Freedom, Andy Minalto Online Betting Expert Founder, BookieClub.com