All You Need to Know about Horse Betting
Perhaps more so than any other sport, horse racing is one of those betting markets where punters have gone to great lengths to try and develop strategies that will get the better of the bookie. Over the years, there have been a great number of articles published, books written, and several thousands of websites launched, each claiming to have perfected horse racing betting strategies that tell you exactly how to bet on horse racing so that you maximise profit and minimise risk. While there is no one, single way to achieve this, there are a number of approaches and strategies that if used properly, can help to increase profits over time. Before we get our teeth into some of these, we will first take you through the very basics and show you the best way to bet on horse racing.
Horse Racing Betting Guide: Taking Care of the Basics
As with most skills, success when betting on horses only comes after you’ve dedicated a fair amount of time perfecting your craft and learning from your mistakes – and sometimes, most importantly of all, a little bit of luck! So that you don’t skip over the basics and find yourself out of your depth in the future, we’ve started right from the beginning and put together a brief horse racing betting guide that will walk you through all the essential skills, such as learning how to read an online race day card, and how to develop your own strategic handicapping method, that will show you how to bet on horse racing as a beginner.
How to Read a Race Card
When betting on a horse race for the first time, making sense of the race card may seem like a bit of a daunting task. It is true that there is a lot of information displayed on the card, however it is all important information that’s there to help you make a more informed decision about where to lay your stake. Everything you need know about a race, such as the number of competitors, the past form of the runners, the type of race, the odds prices and the condition of the track is all contained. It is therefore crucial that you familiarise yourself with the layout and the abbreviations so that you never miss an important piece of info.
The image above provides a complete explanation of exactly the kind of online race card you find at the majority of betting sites in the UK. The race card should be the starting point in your decision-making process when you’re thinking about laying down some money on a race. After you’ve had a good look through the card you can start conducting your own independent research and utilising other tools that may assist you with the handicapping process. The best way to bet on horse racing, however, is always to start with a thorough read of the race card so that you familiarise yourself with all the specific details of the race and the competitors.
Another thing to bear in mind is that many betting sites feature additional interactive tools above the card. As well as in-depth form checkers where you can see how well the competitors have performed in their last outings, some bookies include links to external pages where you can read extra info on the horse’s trainers, gain a deeper insight into the layout of the course, reviews stats centres and even view virtual race simulators that reflect the predictions of expert analysers. These extras features are just one of the advantages of placing horse racing bets online so be sure to take full advantage and use all the information at your disposal; learn more about the extra features offered by the top betting sites over on the main page.
Developing Your Own Handicapping Method
“How do I pick a winning horse?”: This is well and truly a million-dollar question to which there is no one definitive answer. There are a numerous horse racing betting tips and guidelines you can follow that can help you make more informed decisions, however, horse racing is, after all, a sport in which anything can happen and where plain old luck can often prove to be the most deciding factor. In the sections below we will be going over only the most essential handicapping methods, which can increase your chances of picking a winner. Our aim is not to give fool proof tips on how to make a fortune, but rather, provide some sound advice on how to discard noncontenders and decide which horse, or horses, really merit a wager. Note: these tips only apply for straight, win only wagers on a single horse.