by Stan Gutkowski
With the exceptions of Bill Gates and J. Paul Getty, everyone else, whenever they bet on the races must exercise sound money management principles. In the evolution of handicapping, money management has become the au courant phrase. Inquire of anyone who shows a profit betting, and they almost will certainly attest to that statement.
Perhaps the soundest reason a handicapper can advance for money management derives from the total amount one wagers during a program. If the person bets $20 a race over a ten race card, his chances for winning become less than a person who wagers two $100 bets or four $50 wagers. Why? Because selectivity in placing wagers should become every player’s mantra.
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