Betting on horse racing as we know it has been around for over 300 years. And their popularity has not gone anywhere. But beginners have to start somewhere. That’s why we have prepared a simple guide that will orientate you in the world of betting.
Main Features of Betting on Horse Racing
There are a lot of things to consider in horse racing betting.
- The shape of the horse. Pay attention to the horse’s form. How well it has done in previous races, whether it has had any recent injuries. You need to take into account all the little peculiarities, because this can help you in the future.
- Jockey. The experience of the jockey himself cannot be ignored. See which rider has participated with different horses.
- The track. Pay attention to the condition of the track, both the weather and the surface. Different horses cope differently with different tracks. Some are better on grass, others have no problem with sand. It’s the same with weather. Rainy weather may not embarrass one horse, but it will greatly hinder another. Barriers may also be encountered on the tracks, and different horses cope in their own way. Some can easily overcome even high hurdles, others have a hard time with low heights.
- Features of the odds line. Here everything can depend on different sites. On some sites the lineup is limited, and more options will be available at the racetrack. But, of course, not everyone can go to a real racetrack. The main thing is to choose the right online site, and focus on what it offers. Sites always have a section with statistics, which can be useful. And you can bet on both high limits and low limits. But never spend too much.
By the way, be sure to look at the licence before you place your bets. be sure to look at the licence before you place your bets. It is the licence that guarantees that the site operates legally and offers fair conditions to punters. You can see the licence in the footer of the site, and then go to the regulator’s website to check if it is up to date. You can register on such a site with confidence. You will definitely get your money here.
What are the Stakes
There are many types of betting on horse racing. The main options are as follows:
- Betting on a winner or an underdog. The simplest bet is to win or lose. You can try to pick the horse that will definitely finish first, or that will come in last.
- Getting into the top three. The next bet is whether the horse will finish in the top three. This type of bet has several options. You could try top 4 or top 6.
- Place bets. If you are confident in your knowledge, you can try place betting. For example, which horses will take the first two places, three and so on.
- Duel. In this betting option, try to guess which of a particular two horses will come first.
- Finish. If you choose this option, you are betting that the horse will stay on the course throughout the race.
What to Look Out for When Betting
In betting, analysis is important, because it is this that will allow you to predict the outcome of events more accurately. And now we will share some important points that you should definitely pay attention to.
- Distance. Pay attention to what distances the horse normally runs. Some are faster on short runs and some are faster on long runs.
- Last race. Be sure to check the dates and outcomes of the horse’s most recent races. For example, if a horse is better in a sprint, it is better to bet on horses that have raced a month ago or earlier. Sprinting is a hard sport and horses need rest to perform at their best in the next race.
- Jockey weight and additional weight. Here it is worth considering the size of the weight of the horse itself, its stamina and the weight of the jockey itself. To simplify, the less the jockey’s weight, the better the horse will do. Depending on the type of race, horses can also be given additional weights. Here, too, different horses cope differently and this must be taken into account.
- Age of the horse. Just like a regular sport, horse racing too depends on what age the horse is. It is understandable that younger horses will do better than older horses.
Take all these points into account and do not bet on all races in a row. You will lose more than win, even if you bet a small amount. It is better to prepare carefully and make a balanced bet. In this case, you are more likely to win.
See the article about Betting on Horse Races.
Manage Your Bankroll
A useful thing that few people use. Usually bettors do what? You just go to the betting sites and go straight to betting. How many times have players left large sums on sites with this strategy? You need to determine for yourself the specific amount you want to spend. Once you have determined, you should not spend more. In general, this bankroll should be such a size that even if you lose all the money, the financial state will not suffer.
Further you should allocate a little bit per bet. The optimal amount is 1-5%. It may not seem like much, but if you are just starting to bet, it is better to hold back. It is much easier to win over the long term than to lose all your money at once. Once you start to feel more confident, you can make bigger bets. And so watch whether the bank decreases or increases. And according to this, you need to adjust your bets so that it stays stable or grows.
In general, never chase losses here. Both wins and losses will emotionally affect the bettor. If you realise that you want to lose it is better to distract yourself for a while. In an emotional state it is difficult to make a decision, so you are more likely to make large bets and lose a lot.
As you can see, anything is possible in horse racing betting if you do it wisely. Choose a safe site, make rational bets and good luck!