Betting on horse racing in Australia is much loved. Nowadays, you don’t have to go to the racecourse to bet on several outcomes. It is enough to choose a safe online platform. But before that, the main thing to understand the important nuances that will increase the chances of winning. And now we will tell you about them.
What Horse Racing Bets are
Betting on horse racing comes in different variants and both beginners and experienced bettors will find a convenient one for themselves.
Competitions can be divided by type:
- Flat. This is running on paths that have a flat surface.
- Obstacle courses. These races are run on courses with various obstacles. These can be fences, crossbars or ditches.
- Sprint. These races are all about getting the horse to the finish line as quickly as possible. Sprints are not organised very often. It is a short competition so it is easy to follow. Time to watch such an event is not spent much, and this is often a criterion for bettors.
- Long distance. In contrast to sprinting, long distance running lasts a long amount of time. Here horses can run up to one kilometre. It is primarily an endurance race.
- Trotting. This is a special type of racing where the horse is not ridden by a rider, but is pulled by a carriage.
- Mayden. A special type of competition that involves novices and outsiders winning this type of race will take the horses into higher level divisions.
Accordingly, the rates are also different:
- Winner. A standard bet to predict which horse will finish first. Or you can choose the opposite outcome and try to guess who will finish last.
- Winner’s Places. Of course, it is difficult to predict the exact winner. But you can try to guess which horse will take the first three places. This type of betting has its own variations. You can, for example, try the top 4 or top 6.
- Pair. In this type of bet, you can try to guess which two horses will finish 1st and 2nd. These kinds of bets come in different variations. Sometimes you need to guess accurately, and sometimes it doesn’t matter. The important thing is that these two horses come in 1st and 2nd place.
- Triple Forecast. Here too there are two variations of this type of bet. You can specify all of them in turn, or you can select three horses that will definitely be in the three.
- Finish. A special type of bet where the punter guesses which horse will not get off during the race.
Choose any of these bets, but figure out what will be profitable for you right now. If you’re just starting out, don’t experiment too much. Choose betting options that are more loyal to the player. And when you feel more confident, you can try something more risky.
What to Consider During the Forecast
If you are just starting to bet, you need to prepare yourself and analyse some nuances.
- Age of Horses. Horses start racing from the age of two years. When he reaches the age of five, his professional career is over. Depending on their age, horses may perform better in one direction or another. For example, young horses perform better in sprints. Experienced horses, on the other hand, are more valuable over long distances.
- Type of competition. If we go on to talk about types of races, it’s worth understanding how they work. If you’re betting on a sprint, it’s worth looking at which horses have raced last and when. There should be at least one month between races. If it is a long distance race, then here the time period can be shorter. It is also worth realising that short races can be quite difficult to predict. Different randomnesses can decide here. For example, a horse can unexpectedly stumble, and in a sprint such an unpleasantness can be fatal. In a long race, however, the horse will have time to make up for lost time.
- Racecourse features and coverage. It is always important where the horse will race. Different horses cope differently with different types of surfaces. Some are easier to ride on hard ground, while others are more accustomed to grass. Some do better on sandy surfaces, ground after rain. Sometimes there can be a combination of different types of surface on the same track. For example, ground and synthetic. Racecourses also have their own peculiarities. Sometimes they are sharp turns of the track or uphills before the finish line.
- The weight of the horse and jockey. Weight can make a difference at different distances. In sprints, horses that both weigh less themselves and hold less weight do better. At longer distances, endurance is more important to the horse, so it may weigh more. The jockey’s weight is usually around 60kg, but beginners may weigh more to achieve balance with the horse more easily.
- Weather conditions. The weather can also decide the outcome of a race. It’s not just the rain, which can wash out the course. It’s also the sun, which can wear the horse out.
And in general, always analyse and follow the statistics. You can watch how professionals work. Trainers can work with specific jockeys and choose only the experienced ones. If you follow this and understand how specific people work, it will be quite easy to figure out the favourite.
Read also about Bet on Horse Racing.
Strategies for Winning at Horse Races
We’ve talked about the important nuances, now let’s discuss a few strategies.
Trixie
With this strategy, you need to pick favourites in an event with odds of 2.0. Then combine express bets from a combination of these favourites with each other. You should get a total of three types of express: all favourites and all combinations of two favourites each. Although this is not a guarantee of profit, it will increase your chances of winning.
Datching
Here you need to find inflated odds of the event with quotes around 4.0. If at least one bet wins, all investments will pay off.
Bankroll
But the most important thing is probably to prepare a bankroll. Allocate the amount you will spend on horse racing. From there you can take 1-5% per bet. If the bankroll increases, you can start making bigger bets. If it decreases, it is better to reduce the bet size.
Now you know everything about horse racing so you can make the best bets. Most importantly, find a good online betting site and don’t spend too much. Good luck!