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People 3 Tips On Backing A Winner At The Races

3 Tips On Backing A Winner At The Races

3 Tips On Backing A Winner At The Races
By Marianna Cerini & Oliver Giles
October 23, 2017
Matthew Lam, managing partner of Nixon Peabody CWL—and owner of Brave Legend, the horse that won this year’s Community Chest Cup—shares tips on how to back a winner at the races

1. As a beginner, stick to simple bets. I’d recommend betting on a win or second place, rather than anything more complicated.

Matthew Lam’s horse, Brave Legend, winning the Community Chest race at the Hong Kong Jockey Club on September 6, 2017
Matthew Lam’s horse, Brave Legend, winning the Community Chest race at the Hong Kong Jockey Club on September 6, 2017
Matthew Lam (front row, third from right) and Lianne Lam (front row, fourth from right) holding this year’s Community Chest cups, which were won by their horse Brave Legend
Matthew Lam (front row, third from right) and Lianne Lam (front row, fourth from right) holding this year’s Community Chest cups, which were won by their horse Brave Legend

2. You can choose a horse based on a name you like or the appearance of the horse, but try to avoid the horse that is the hot favourite. If a horse is the hot favourite, either the odds will be very low or the horse will be under tremendous pressure to perform.

3. Start with a bet of less than HK$100. If you win, you’ll be happy. If you lose, you won’t be too upset. Most importantly, relax and enjoy the races. As you’re a beginner, you’ll have beginner’s luck!

Tags

People How To Horse Racing Matthew Lam Nixon Peabody CWL Community Chest Cup Brave Legend Lai Sun Group

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