Betting on sports is a special kind of gambling. It is very different from a casino, where everything happens randomly. In betting, in particular on horse racing, a lot depends on the efforts of the bettor. And now we will tell you what to do to win more often.
Types of Bets
But first, let’s break down what bets even are.
- Betting on the winner. It’s pretty self-explanatory. Players bet on the horse they think will come first. There is also a reverse bet, when you bet on the horse that will come last.
- Betting on the winners. Guessing the winner of the race is not so easy. Therefore, beginners may prefer another, more loyal option of betting on the winner. For example, you can try to guess whether your chosen horse will finish in the top three. There are similar options with a larger range – top 4, top 6, etc.
- Place betting. Well, if you are confident in your abilities, you can try to predict the specific places that will be taken by different horses.
- Prediction. This is a slightly more loyal variant of the previous bet. You can pick two horses that will take the prize money. And it doesn’t matter in what order.
- Triple Prediction. A similar bet, but here you can choose three horses.
- Who’s taller. An interesting bet where you try to guess which of two horses will rank higher.
If you are just starting to bet, go for the simpler options. Later on, when you feel more confident, you can try riskier options.
Nuances of Betting
Now let’s tell you about some nuances that are definitely worth paying attention to.
- The age of the horse. Obviously, the younger the horse, the better it will perform. However, this can depend on the horse and the length of the course. For example, if the horse is young but not yet experienced enough, it will probably do well in a sprint. But for longer distances, it is better to prefer experienced horses.
- Sprint. Sprint is a convenient betting option. The competition is short, so you can always find time to watch it live. But here, too, you need to know the nuances. Before you place a bet, look at the last time the horses ran. In a sprint, it takes time to rest for the horse to show as good a result as the previous time. At least a month.
- Long distance. Here the situation is the opposite of a sprint. It requires the horse to be used to a certain distance. In long distances horses are not trained for speed, but for endurance. So here, long breaks are a disadvantage.
- Weight of the jockey. In general, it is understood that the lighter the jockey is, the easier it will be for the horse to ride. Usually the weight of the jockey is 60 kilos. But there are nuances here too. If the rider is a beginner and has just started to co-operate with the horse, the weight can be higher. This will make it easier to achieve a balance with the horse.
- Type of track. A lot depends on the type of track as well. Some horses run better on grass, while others prefer a firmer surface. Some will be very confused by rainy weather and some will have a harder time in a drought. This is where you have to look at how specific horses cope with specific surfaces.
Useful Betting Strategies
Well, now that the main things have been told, we can also share strategies that will increase the chance of winning.
Trixie
Bettors turn to this strategy quite often. Here the bettor is required to choose at least three favourites at different racetracks in the first races of the day. By the way, it is important to choose events with odds of at least 2.0. Trixie is the name of the bet under which you will combine all these horses. Basically, you need to make an express bet with different variations of horse pairs: first and second horse, second and third horse, etc.
The advantages of this bet are that you can win more than if you bet on one horse.
Betting Against the Favourite
The situation here is somewhat reversed. On the contrary, you should bet on horses with odds below 2.0. Moreover, the more participants in such a race, the better for the bettor. Outside factors such as cover and weather conditions also influence. If there are a lot of factors playing against the favourite, it’s worth considering this bet.
See the article about Things about Horse Racing.
Dutch System
Here you should choose a race in which there is no clear favourite. The odds should be around 4.0. Choose three or five horses that have a high chance of winning. Next you need to use the formula S = B / P / K. Here is how the values are decoded:
- S is the amount to bet on one horse;
- K is the odds of winning;
- P is the sum of the probabilities;
- B is your bank.
The sum of probabilities is also calculated from a separate formula P = 1 / K1 + 1 / K2 + … + 1. Here K is the coefficient. This value here will be as many as you have chosen horses for betting.
It is worth knowing that no strategy is guaranteed to win. Strategies are rather aimed at helping beginners at the very beginning, when they themselves are not very well versed. Although these tools can be used by experienced players, because everyone has their own tactics. In general, it is important to always analyse and be aware of what is happening in the world of horse racing.
Bankroll Management
While we’re on the subject of the bank, it’s worth talking about how you can manage it. Allocate a specific amount of money that you want to use for betting on horse racing. You should never throw money in blindly because you will just lose. You can be sure to analyse and choose specific betting limits. Even if you lose your bankroll completely, you don’t need to add money from other sources.
If you have just started betting, allocate 1-5% per bet. This is the best way to keep your bankroll going It should not start to run out quickly. If it does, reduce the bet size. If, on the contrary, the bankroll is increasing, you can try a riskier game.
That’s all you need to know to win at betting more often. Always analyse, don’t spend too much and good luck!