How to Get Rich
Here’s an interesting observation on how to get rich by horse betting online. Bet £10 on an even money winner then take the entire return (£20) and bet it on another even money winner. Repeat the process of reinvesting all of your profit on the next runner and if you get a straight run of 15 even money winners at the rate of one per day, your initial £10 investment will grow to £327,680.
Of course, this is just an illustration, and the chances of you being able to bet on 15 consecutive even money winners are small, but the illustration does show how to get rich in a theoretical sense. The secret is to reinvest your profits so that your bankroll can grow and your profits increase as a result.
How quickly a horse betting online enthusiast can get rich depends on a number of factors:
- The percentage of winners that you can generate.
- The average betting odds of the winners you get.
- The percentage of the bankroll that you bet on each runner.
Generally speaking, the higher your percentage of winners, the bigger the odds you get about your winners and the larger the percentage of the bankroll that you bet on each winner, the quicker you will get rich. However, if you are able to pick winners fairly consistently at modest prices then betting even a small percentage of your bankroll can be surprisingly effective.
For example, if you were able to 5% of your bankroll on each selection and the odds of your winners were such that you could increase the size of that bankroll by 10% per month, a £100 bankroll would grow to £100,000 after just over 72 months. If you continues betting in the same way, that £100,000 would be worth £500,000 just over 18 months later.
Clearly, the answer to How to Get Rich from horse betting is to adopt a sound money management strategy that reinvests your profits and also to be prepared to bet consistently for several years. You’ll still need to pick your fair share of winners (see our Horse Betting Systems page for a variety of ways to do that) but you certainly won’t need to back 15 winners in a row to achieve a good deal of success.

