How to make money with horse racing 2020

| February 28, 2020
Make money with horse racing
There are many ways to make serious cash in the sport of horse racing

For as long as anyone can remember, sports enthusiasts have been profiting off of sporting activities. While sporting activities vary from country to country, the most common sport out there is soccer. People earn from it via sales of merchandise, football academy memberships and, of course, football betting. In recent times, online sports betting has gotten a tremendous boost in the form of more sophisticated platforms for staking. Following its success, it was only a matter of time before horse racing bookmakers jumped on the trend.

Making money with horse racing does not have to be difficult if you have previous experience with some other sport. The procedure is basically the same. That said, let us look at some options.

Sell Merchandise

One of the many blessings of capitalism is that any and everything can now be monetized; that includes the name of a winning horse or its owner. It could be a photo of its face or an image of one of its iconic moments. Whatever it is, you can always make money off horses used in racing.

Some ideas would include but are not limited to the following:

  • Sell shirts with the names and/or faces of popular race horses on them. Think of it as the jersey of a football team with a popular footballer’s name on it. Remember to not infringe copyrights where applicable
  • Do the same for baseball caps. Okay. Horse racing caps, we may dare say. Either way, the idea is to get a baseball cap and have it covered with bespoke designs of a popular, winning race horse
  • You could also sell equestrian toys. These would make the most sense to parents whose kids are heavily influenced by horse racing or in lands where this kind of sport is very popular.

Blog About Horse Racing

When people want to learn about the latest events in the world of football, they hurry over to Goal’s website or Bleacher Report, Sportskeeda, Marca and more. In the same way, your blog could become the number one destination for people looking to learn the latest results and/or analysis of horse racing related events. You may focus on a certain geographical location (as to create a niche for yourself) or you could look at the global picture.

Either way, when you get a decent level of traffic, you can monetize your blog through several ways. The first would, of course, include the first option: selling merchandise on your platform. You may also apply for Google Adsense. It is a Google program for publishers where they get paid for advertisement placed on their blogs or websites. These earnings depend on the number of clicks they get on the adverts placed on their sites, as well as the number of people that visit their website. 

Still on monetizing a horse racing blog, you could promote related affiliate offers on your blog. ShareASale, Rakuten and Amazon Associates are good affiliate networks you can start with. Each time a visitor buys stuff online through any of the affiliate links you placed on your website, you earn a percentage of the sale.This can range from a few bucks to thousands of dollars, depending on the type and price of merchandise sold. 

Vlogging and/or Podcasting

Think of vlogging as blogging done through videos. Think of podcasting as blogging done through words or voice recordings. The leading choice platform for vlogging is Youtube and for good reasons. It is arguably the second biggest search engine in the world (after Google). Secondly – and perhaps, most importantly – Youtube is the biggest and most popular video hosting platform on the internet. It is booming.

While vlogging sure requires a little bit of video editing skills, hence some more level of difficulty when compared to blogging, it is fast becoming people’s preferred means of consuming information. Web users are too lazy and/or busy to read content these days. They’d rather watch a video or listen to a podcast. Forpocasting, Anchor.fm is a good place to share your horse racing related content. Just like Youtube, it is free to use too.

Betting

If you have followed horse racing for a while and understand how the system works, you might dare to play. Start with very little sums of money; use the best bookmakers and consult the best tipsters. If available, stake with dummy money (or welcome bonus which is available on a number of platforms); then step up your game as your confidence improves. More betting tips will following subsequent articles. For now, these are some of the ways you can make money with horse racing even without owning a horse or being on the tracks.

Category: Betting

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