How to bet on horse racing: different strategies
Horse racing is an interesting and popular sport. That said, it is a rare betting sport in the world, and bookmakers are to blame for this. It is worth taking a closer look at what varieties of horse racing betting exist and the strategies that allow you to make a profit.
Features of horse racing betting
There are a few different subtleties that are important to know before you start betting money on the sport.
Important points:
- It is imperative to assess what kind of form the horse is in at the moment. Many bookmakers give detailed statistics relating to all participants in future races.
- We must be aware that different factors can affect the results of races. For example pavement, weather conditions, weight of the horse, peculiarities of barriers.
- Often betting shops accept bets on races with big limits. This is a sought-after market for foreigners.
- Some betting shops offer a limited list of events for betting. The racetrack offers a wider line for betting.
Types of bets
There are various options for betting on horse racing.
The main types are:
- Betting on whether a particular horse will finish in the top three. It is often possible to bet on a horse’s place in the race.
- Betting on the winner or on which horse is certain not to finish first.
- “Who’s higher” or “duel” – you have to choose which of the two remaining horses manages to finish first.
- “Prediction”. A bet is made on two horses at once. It’s important to predict who comes first and who comes second.
- Finish. Wagering on whether a certain horse will make it through the whole distance without a stall.
How to choose events for betting
Before wagering online, it is important to study the race card carefully. This is offered by the betting shops. On the map, you can see the data on the results of the participants. This is how you can understand what kind of form the animals are in at the moment.
What things should be taken into consideration:
- Consider the distances the horse has run before.
- Look at the date of the last race. Sprinters need breaks. This implies that the horse’s previous run must have been at least a month ago. However, stayers do not need so much rest between races.
- It is important to find out what type of course coverage the horse has. Horses’ results can be affected by the type of road.
- It is important to know the jockey’s weight. Weight must be kept to a minimum for the horse to be successful in the race.
- It is not necessary to bet on all races at once. This prevents a good analysis and one will end up losing money.
If one considers the points listed above, there will be a better chance of winning.
Variants of strategies
One kind of strategy is betting against the favorite. In that case, one should wager against a horse with odds lower than 2.00. If the pavement has various faults, there is a good chance that the favourites will fall.
The “Start of the Day” strategy is based on the fact that young horses usually compete against each other in the early races. Among them there are favourites, which in most cases match the bookmaker’s expectations. The odds of them winning range from 2.00 or more.
Many people see betting purely as fun. This is the right approach to take, as it is hard to make a steady income on them.