Like many other sporting disciplines, horse racing offers a wide range of strategies. Experienced players do not bet at random, but analyse various factors, pay attention to many features, plan their moves on the distance. Let’s look at a few basic betting strategies, important factors to consider and beginners’ mistakes.
Examples of Horse Racing Betting Strategies
Let’s look at a few examples of popular strategies. They are popular with experienced Australian players and can bring good profits over the distance.
Trixie
The Trixie strategy consists of selecting the favourites and carefully analysing their previous performances. Most often, bets are placed on morning races, when it is easier to identify the favourites. The strategy is as follows:
- Pick two favourites;
- Make a bet with two favourites from one express bet and two singles.
In this case, experienced players take odds from 2.00, three favourites, form 4 expresses – 1 triple and 3 doubles. The combination looks like (A + B), (B + C), (A + C), (A + B + C). At odds above 2.00, if two of the three favourites win, the bet pays off. If all three favourites win, you will make a good profit
Datching
“Datching” involves betting on several horses at inflated odds to increase the chances of winning. It is recommended to take odds higher than 4.00 and use special valu-scanners to search for inflated odds on different betting sites. By making a series of such bets, you significantly increase your chances of success. Even if only one bet out of several works out, the total profit can cover all the costs.
Smart Money
This strategy involves betting on an outsider, with the odds decreasing as you get closer to the races. You can track such changes both on your own, carefully observing the changes in the rosette, and with the help of special scanners. If the favourite does not show significant improvement, but the outsider shows potential, the strategy “Smart Money” can bring you a good profit on the distance.
These strategies are great for beginner players. They can easily be applied with any budget. Try them out to make your game more planned.
What to Look Out for When Betting on Horse Racing
In betting on horse racing, a successful strategy requires not only following the described algorithm, but also paying increased attention to a multitude of factors. Professional punters carefully analyse the characteristics of horses, track conditions and other elements. Here are some important factors that should definitely be considered before placing a bet:
- The age of the horse, because it plays a key role in its fitness and stamina;
- The break between races affects recuperation and preparation;
- The distance of the race determines the tactics and the horse’s chances of winning, so consider the length of the course;;
- The features of a racecourse can greatly affect the outcome of a race, so look around for a diagram or photo;
- The weight of the jockey and horse affects speed and balance during the race (investigate this metric if available);
- The type of course surface can improve or worsen a horse’s performance, so use different strategies for different types of surface (this is usually indicated in the race information);
- Take into account the weather conditions, because they affect the condition of the track and the physical condition of the horses (the weather tab is an important element of a professional race bettor);
- Study the winning statistics of the trainers and jockeys involved in the race, as this helps to determine the level of preparation and strategy of the team.
These are the basic and most important indicators that horse racing betting professionals pay attention to. Different strategies may require other, smaller details to be taken into account. But since the internet is always at your fingertips, it’s easy to get the most information about horse racing, right from your smartphone. Use this advantage to win more often.
Read also about Horse Racing.
Common Mistakes Made by Novices in Horse Racing Betting
Newbies betting on horse racing often make a number of typical mistakes. They accumulate over the distance and lead to tangible losses. Pay attention to these mistakes to avoid them in your game and improve your results:
- Failure to fully understand the intricacies of betting on horse racing – not fully understanding the different types of bets, terminology and the peculiarities of racing, leads to unreasonable decisions and losses, so it is imperative that you familiarise yourself with the details of the races you are betting on;
- Ignoring analysis of horses and jockeys – novices often do not pay proper attention to the horse’s shape, age, jockey skills and racecourse characteristics, which prevents them from properly assessing the chances of winning;
- Improper bankroll management – chaotic allocation of funds to bets can lead to a rapid loss of all money, especially if bets are made impulsively or without taking into account the total amount to play, setting adequate limits for yourself and financial planning;
- Betting on your favourite horse, jockey or trainer – emotional attachment to a particular horse or jockey is dangerous, as it can lead to unjustified bets that more often than not turn out to be unprofitable;
- Over-reliance on past results – relying on statistics alone, without taking into account the horse’s current form, condition and other important factors, can be a critical mistake for you to make.
- Betting without taking weather conditions into account is a failure to understand the obvious effect of weather on track conditions, which directly affects the outcome of a race, leads to erroneous bets;
- Lack of a clear betting strategy is a direct way to lose on the distance, because the margin of the betting site provides the odds are not in your favour, so regular one-step bets lead to losses;
- Ignoring bonuses and special offers from betting sites – modern gaming resources offer a lot of favourable bonuses, with the help of which you can increase your bankroll.
These are the most common mistakes beginners make when betting on horse racing. Avoid them and you will have a much better chance of success.
Conclusion
Experienced punters from Australia note that a strategic approach to horse racing betting helps to significantly increase winnings in this field. Use popular strategies, take into account various factors and avoid typical rookie mistakes to achieve success. Good luck and big winnings!