Since people have been racing horses, they have been betting on them. And if you know how to bet correctly, it can be a profitable venture. For those who are new to the world of sports betting, this cheat sheet will provide you with the basic knowledge you will need to place a bet, including how to place a bet and tips on picking the winning horse, or picking the best daily nap selections.
How to Place a Bet
Betting on horses seems complicated at first but in reality, it’s quite a simple process, and investing in horse racing shares can provide a different way to participate in the excitement of the sport. Typically, you place your bet, take your ticket and tear it up if your bet doesn’t pay off. But if you’re lucky, you can take your ticket back to the window and collect your winnings. This is a step by step guide to how to place the bet:
- State the name of the racetrack
- State the number race you’re betting on
- State the amount you are betting
- State the type of wager you’re making
- State the number of the horse or horses you’re betting on
- Check the ticket before you leave the window
Tips for Choosing a Winning Horse
- Favourite horses win just a third of the time, although at lower payoffs, so bear this in mind if you’re tempted to choose a favourite.
- In the winter months especially, the going is a massive part of picking a winner. There are plenty of horses who will only run their best races on specific surfaces, while others love the challenge of the mud. Check the horses’ previous results on the days ground, as this can provide favourable results.
- One of the obvious factors to consider is the distance of the race and is can be essential in determining winners. Both flat and jumps races will test a horses stamina, especially if the ground is testing, so choose a horse that has proven stamina as this can reap benefits.
- The pedigree of a horse has a bearing on multiple factors, including their stamina and how quickly they will reach their peak. Take a look at the horses breeding and this can provide you with some clues as to how they may perform.
- Particular trainers and jockey combinations can have brilliant success and can yield a great return if you choose wisely. Certain combinations will often target different races or tracks, and so might owners, so this is worth looking out for in terms of patterns of previous success.
- Many horses give their best running at specific racecourses, as tracks have their own unique characteristics, so check the race cards for previous course winners. It’s common for horses to improve a few pounds when they set foot on their favourite track.
- If a horse has reached their peak in handicaps, they tend to struggle to get competitive when pitted against heavier weighted horses. This means their mark will reduce over time and they’ll slowly become more competitive. Look for a horses rating compared to their last winning one as this is critical in handicap races.
