Here are the top 5 horse betting strategies that will give you a competitive edge over others and help you bet in a smart and profitable way.
Horse racing is one of the oldest sports in the betting market worldwide. This means that punters of different levels have many strategies that help them succeed in winning and being successful in their wagers. Horse betting has something for all, whether you are still a novice or an expert there is always something to new to learn on different strategies that might appeal to you.
Strategies help the bettor pick the right selections when one wants to invest more in a race. We want all our readers to progress in the betting world, hence it would be easier for you to have a list of some of the most effective horse racing betting strategies to boost your potential bets. If you are also interested we have compiled a list of the best books on the market that deal with betting and betting strategies.
Here are 5 horse-betting strategies that will surely benefit you in the market.
This is a very simple strategy that we have to get out of the way. Check out any horses, which have recently won a race and bet on them.
These horses will most likely be strong contenders and in top form. They are frequently submitted to avoid penalties from the handicapper. These horses gain momentum once they reach their prime.
The Statistical Lay in Horse Betting
To lay a horse simply means to bet against a runner. As you select the suitable race, the next step of this strategy is to identify the 3 favourites of the race and analyse their odds.
Once you have selected the top three places in the race, you need to proceed to pick out the runner that have odds of between 3.0 (2/1) and 5.8 (4.8/1) and lay against the one with the least chance of winning in that race.
By implementing this you should be able to fish out the winner more than 80% of the time. Statistical analysis has proven that when horses with odds within these ranges only win about 17% of the time, when in the top three rankings of the race.
The Beaten Favourite Strategy
This is when you bet on a horse that has lost his last race but previously won races. All you have to do is check the history and the rankings of the horse. This is still a strong horse with notable wins therefore it is still a viable and top contender in the race.
For anyone who has invested time and money into the market knows very well that even the best horses can lose no matter how many times they’ve won in the past. The horse who lost the last race could be overlooked and might have better odds than it usually would and therefore allows this strategy to be more practical in the long run.
The Dutching System
This is one of the most successful horse betting strategies in the sport. The dutching system is for the more mathematically disposed individuals if you are not cut out for such a thing than skip this system.
An outline of this strategy explains that when you bet on a selection of horses, you will cash out the same amount of money in every instance, no matter the end result and winner. The end result of this system does involve some calculations that are essential in this system. They might seem complicated to comprehend but relatively easy to grasp and you could also use online sites to help you generate the answer.
Here is a bet calculator, which you could opt to use to help you with the Dutch system. You need to first enter the total amount you would like to stake and the betting odds for each one of your selections. The advised amount to place on each bet and the possible profit will be updated instantly.
The dutching system begins by first finding a race with a number of runners, preferably more than 10. You would then need to select two of the top three ranked horses with prolific odds.
After doing this you can move on to working out the implied probabilities from the odds provided.
Horse & Jockey Partnership
The strategy will work on the terms that the horse ranked second in the last race. The jockey riding the horse on the day of the event was riding the horse for the first time. The same jockey is riding the horse for the second time on the day of the race.
This strategy is built on the relationship the jockey has with the horse. The advantage of this strategy is that the jockey is familiar to the horse, the way the horse races and the weaknesses that the horse might have. The jockey can quickly adapt, knowing what to expect in the race.
The jockey will improve in the second race hence winning the race due to the relationship and awareness the jockey has with the horse.
Invest Time and Feel More Confident
If you invest time in the sport you will become more proficient and will start learning the trainers and everything that revolves around the sport. Make sure to do your research and read books revolving around betting and the industry. The more detail you get into the more chance you have of winning because you won’t simply be 2 steps in front of everyone. You should also follow professional bettors, people who made a lot of money being smart and betting the right way!
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When breaking down the strategies they will be less complicated as some might come across. These systems are outlined with the intent to analyse numbers and data in the betting market both logically and meticulously.
The end goal here is to have a more approachable way to filter through your selections and increase your chance to cash out in the horse racing discipline. As mentioned previously always make sure to read and research on the sport so you will start learning the ins and outs of the sport. You should also follow a sports news portal, for example, CNN or Reuters