How To Bet Horses Successfully
Number one in our list of tips to win horse racing bets is to pick your horses wisely. In other words, research your bets before placing them. As with anything in betting, it’s more effective to base your selections on thorough research rather than gut instinct. (1) You “invest” and don’t “gamble”. Two people may bet on the same horse but one is investing while the other is gambling. The difference is simple–one person knows why the bet is being made and the other doesn’t. The professional treats racing as a business and the amateur treats it as a game. Betting horses whose odds are worse than fair value is a poor strategy. Parlay – A multi-race bet in which all winnings are subsequently wagered on a succeeding race. Speed Figure – A metric that rates a horse’s performance in a race, which is determined by a combination of the horse’s performance and the level of competition he/she. Those who have learned how to bet horses successfully know that having lots of options is always a good thing when it comes to betting. The more races that you can access means more opportunities to find a good race that offers betting value. Online racebooks are popular in around the world and in most areas of the United States. You need to pick two horses (which you think are the strongest contenders) and place two standard bets. For example, one horse has 4.00 odds, while the other has 5.00 odds. If you bet $10 on each horse, then in case of success you can win $40-50. Bet profitability will vary from $20 to $30, depending on which horse comes in first.
Horse racing is far from your regular sport, and so is betting on it. While sports like football, tennis, and even soccer requires that you focus on the athletes only, horse racing requires that you focus not only on the athletes (the jockey) but the horses, too.
This explains why we don’t see as many bettors staking on horse racing as we do in other sports betting like football. Simply put, betting on horses is a tough ask of anyone.
How then can one devise a long term winning strategy? You may wonder!
Well, for all its difficulty, horse racing betting is not rocket science. And thanks to the series of tools bettors now have available to them, including equibase, horse racing betting is easier now more than ever.
That said, these few tips will help you win long term betting on horses.
Bankroll management
Any long term winning strategy in horse racing must feature bankroll management because how you manage and control your money will determine how long you get to stay within the horse racing betting world.
Although the process of monitoring your bankroll as you stake on horses might seem more like accounting rather than punting, you really don’t want to stray off-course because it is as easy to win money on horses as it is to lose it.
This is why most horse racing bettors devise a bankroll management strategy before they even place their first bet. Here are some of the most popular strategies they use:
- Targeting shorter priced-horses: When betting on those short-priced horses, some bettors like to raise their stakes. Although the return on these types of bets might be low, it thus saves their bankroll from crashing down overnight. This strategy is mostly adopted by those bettors that are low on cash.
- Targeting bigger-priced horses: With bigger-priced horses come greater risks but a tasty profit return. For a bettor looking to make big money, this is the type of horse you want to target. But it thus puts your bankroll at great risk if you don’t have enough money to go on.
- Each-way: For some bettors, it is better to bet “each-way” to level stakes.
Ignoring trainer/jockey comments
This tip is pretty straightforward. If you want to bet on a horse, ignore what the jockeys or trainers are saying. Of course, every trainer or jockey will want people to believe that their horse is the best for a race, but a seasoned bettor knows better than to believe these statements.
Instead, take your time to conduct your homework and back horses based on what strategies tell you. As a student of the form-book and someone who understands pedigrees, you will already know whether a horse will last a certain race or go soft sooner rather than later, you simply don’t need a trainer or jockey to tell you.
And for a newbie bettor who needs a second opinion on their betting selections, you can trust the stats on equibase to lead you in the right direction.
Watching back races
Horse racing is not always won in the closing stages of a race, as some people like to think. Some races are won/lost even from the start. But how will you know this when you’re only focused on which horse has won a race and which has lost?
This is why we recommend going back to past races and watching them all over again. On the first watch, you can focus on how a horse starts the game. On the second watch, you can turn your focus to how the horse recovered or lost its winning position. And on the final watch, you can focus on any mid-race incident and how it affects the horse.
By and large, don’t just focus on the closing stages of a past race. Instead, take your time to watch a race over and over again and take different lessons from each watch.
Don’t limit yourself
Don’t even think for a second that you always have to stick with the odds you find a certain bookie’s site. Far from it! If anything, you should take your time to compare the odds of all the best betting sites before you make a decision on where you’ll be making your selection.
Remember, you don’t owe any bookie anything, so if there’s any edge you can take from them, you should be looking to take advantage of it, provided it doesn’t have a detrimental effect on your ability to use your account with them in the long term.
Research
In an age where bettors can now place bets on horses from the comfort of their mobile phones, it can be tempting to bet on horses once you notice that the opportunity is available.
You don’t want to do this!
In the times before digital technology, before you can bet on horses, you’ll have to first walk down to the nearest bookie’s shop. On getting there, you’ll have to do a lot of research/forecast on the available horse before you put your money on the line. Even if you’re too lazy to do, you’ll find always find some guy who’s done theirs, and from them, you can take the hint on the best selection to make.
In this age, however, such opportunities are almost non-existential. To make up for it, we now have a series of tools, materials, and content available on the internet to help us make good decisions. Checking these materials out before betting on any horse is a no-brainer.
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How To Bet Horses Successfully
Few sports have as many betting tips and strategies compared to horse racing. Horse betting strategies are almost an art form, but many beginners can benefit from using some basic horse betting tips that will get them off to a good start.
Contents
- 1 Beginner’s Tips
- 3 Advanced Horse Betting Strategies
Beginner’s Tips
You may have heard the terms “win”, “place”, and “show” which is how you can bet on a horse race. In horse betting tips, this is what each phrase means.
- Win: Only if the horse comes in first place
- Place: If the horse comes in first or second place
- Show: If the horse comes in first, second, or third place
Obviously, start with some small bets on “show” which greatly increases your chances of winning. Keep in mind that in this betting environment, you are playing against the other bettors and not the house which is a big difference compared to casino gambling.
Start Small
Horse betting starts in $2 increments, so keep it low when you first start. As with any betting, you should always use the money you are comfortable with losing so you don’t get in over your head.
Bet the Favorite
By betting on the favorite, you will win approximately 33% each time which is a pretty good horse racing betting strategy.
Bet Low on Win, Bet High on Show
As you become more familiar with betting strategies, start by betting a low amount of money on “win”, followed by a larger amount on “show” for the same horse. Since favorites win 33% of the time, you increase your odds of getting something for the money you bet.
Keep the Winning Tickets
You can cash in your tickets at once which you should do at the end of the day. Keep the winners in one place so you can leave with your winnings.
Get The Tips From Horse Betting Systems
To be successful in horse betting you need to choose the most successful horse racing tipster to get horse racing betting tips. Before proceeding to online horse betting first you have to research in your own way and compare them with the horse betting tips provided by the sports handicapping system.
There are some horse betting systems like Zcode System, First Favourite & Horse Players Heaven are having very good track records of providing accurate picks in the field of horse racing.
Advanced Horse Betting Strategies
Once you feel comfortable with standard betting, it’s time to move on to more advanced efforts that will improve your chances of winning. Here are a few horse betting tips that will help win more money.
Bet on a Beaten Favorite
If a favorite had lost a race and is racing again, bet on that horse. Even the best horses get beaten every so often, so the odds say that they will make a comeback at some point unless the loss was due to injury.
How To Bet Horses Successfully Game
Bet Against the Horse
Instead of picking the winner, you are betting on a horse that will not finish in the top three. Find a race with at least 10 horses, choose a horse with the lowest odds and bet against them. You should win this type of bet roughly 80% of the time because of the number of horses in the race.
How To Bet Horses Successfully Games
Keep in mind that if you bet over a series of races during the day, your odds of winning at least some of them go up dramatically. By using the right horse racing betting strategy, you can become comfortable placing bets and racking up wins if you start small and use the right horse betting strategy.