Out of all the sports available, Horse Racing is one of the oldest.
Variations of equestrian sports have been held since time immemorial, from tournaments in Ancient Greece, to shows in Medieval England.
Betting on the performance of equines is just as old a tradition. And despite its long history, Horse Racing remains one of the most unpredictable sports out to bet on out there.
This article will take a look at 12 ways to win with Horse Race Betting - some of our suggestions are applicable to all sports, but Horse Racing betting requires you to take into consideration a number of factors.
Such as a strong understanding of form, and awareness how different racing tracks influence horses, amongst others.
But, hold your horses, in a horse race, everything can change in one moment. Tournaments are fast-paced, potentially dangerous, and intense.
Learn how to win horse racing betting more often today!
1. Study before placing A Bet
Horse Race Betting like anything that we do in life, requires a good amount of preparation.
Many people make the mistake of betting their hard-earned fortunes, when they hardly have any knowledge of horse racing and are unclear of how to place a winning bet or what factors to look for in a horse, before placing a bet on it.
Ensure that you are armed with all the knowledge to cover all the essentials before placing your first bet, the more you know the better value for all of your future bets.
2. Master The Art Of Studying The Form
One of the salient feature of horse racing is the accompanying race card, also known as form which contains all the vital information about the horses participating in the race.
You’ll find information about:
- Past performance of a horse
- Class of the race
- The form of the trainer,
- Past performances over similar distances and in similar conditions
- Past performance at the course
- The official rating or the weight which the horse is carrying.
This wealth of information makes the race form an indispensable tool for any novice bettor. Nowhere else will you find as much information about the horses participating in a race.
So, ability to read race card or form is essential for anyone interested in horse race betting.
3.Learn About The Horse On Which You Are Betting
Horses come in all sizes, shapes and breeds. No two are the same and different horses will race in the tracks and tournaments that suit their racing style.
Keep this in mind when choosing a horse that matches the right race.
Indeed, differences are so stark that there is a separate field dedicated to the study of horse breeds, particularly the ones which have been developed specifically for horse racing.
4.Develop A Habit Of Reading The Race Day Program
To handicap horses, you must have the ability to read the race day program as it contains vital information about all the races going to take place during that day.
Race day program includes a section for each race taking place on that day with the statistics and history on all the horses racing in a race.
This is another point that will guide you in how to win with horse
5.Keep An Eye On The Weather
Weather is one factor which can work as an invisible hand during a horse race as it affects results dramatically.
So, always keep an eye on the weather as even a slight change in weather condition may completely change your odds of winning.
6.Study Past Performance On Surface Types
Racetracks have different surface types which generally affect the performance of horses on these tracks.
Some race tracks may have artificial surface types which may be suitable for races during all types of weathers, whereas other race tracks may use natural dirt or grass tracks.
You can get information regarding past performance on various surface types from the race day program which includes the performance of every horse on specific surface types.
7. Know About The Class Levels
You’ll come to know about different levels of racing which are also known as classes which can be considered as levels of competition.
There are mainly 4 types of classes:
- Maiden races
- Claiming races,
- Allowance races
- Stakes races.
Maiden is the lowest class and stakes races are the highest category races which involve the best horses and their jockeys.
A horse with a first or second ranking in a race of a class may not perform well in a higher class as here its competition will be with much better horses.
So, when analysing past performances, closely examine the class in which a horse has performed, as many bettors make the mistake of avoiding the class difference which results in terrible losses and lost opportunities.
8. Stick To A Strategy
Perhaps it’s a no brainer that playing without a consistent and well-thought out strategy will not lead you anywhere, as, like any other thing in life, you’ll need a strategy in place to place winning bets.
Many beginners wrongly assume that having a strategy will allow them to win every time or most of the times, nothing can be further from the truth.
A strategy allows you to place winning bets on horse races with the main aim of generating long term gains by cancelling the losses.
9. Learn About Various Bet Types
Show, Place, Win, Quinella, Exacta etc. may sound as difficult to comprehend, to a beginner, but these are the names of various types of bets which you can place.
Most new players are surprised once they discover that there are several different types of bets which one can place.
10. Know Your Odds And Payouts
This is perhaps where you will need to apply some of your mathematical knowledge to the bets.
Let's say that you've decided to place money on a horse in a tournament. You followed the previous steps on this list but you're scratching your head thinking, how can I find value in my bets and the bettings markets?
What we suggest is that you spend a few minutes reading the odds on and one step further than that: Understanding the odds.
Once you can decipher which odds are worth placing money on, we suggest you check the fine print and see how long the pay out is.
This is after all how you will get paid so it's imperative that you know the bookmaker well!
11. Know About The Jockey
One thing which is often overlooked is the natural talent of a jockey as he plays a very important role in any horse race.
Jockeys like horses differ from each other greatly, some perform well only with a horse, while others may be able to perform equally well with several different horses.
If a jockey consistently comes 1st, 2nd or 3rd in a race, it’s a sign of talent and you must also take skills of a winnable jockey into consideration before placing a bet.
12. Stay Away From Tipster/Subscription Services
Our last piece of advice would be to stay away from tipster or subscription based services which claim to provide you winning tips for a fixed fee.
There is no way to know in advance which horse is going to win and even the best mathematicians or statisticians cannot claim to be 100% sure when calculating the odds and probability of an event happening,
These tipster services claim to provide well-researched tips, and may also manipulate numbers to support their argument.
Although, we’ve yet to see a genuine tipster service as none seems to work. In most cases, all they share is pure gossip and most of their tips based on guesswork.
It’s common sense that if you know which horse is going to win, you’ll not be selling this information, instead, the only logical course for you in such a case is to bet as much of your money as possible.
As the saying goes nobody shares their secret sauce.
We have tried to assemble the most important things which will help you to place a winning bet on horse races.
It covers some of the most important and often overlooked factors which can make a huge difference when it comes to winning a horse race.
However, what we do know is that how to win with horse race betting can be mastered like any other skill. Consistency and dedication to the sports will take you a long way and pay off big in your next bet.
Keep an eye out for the next horse racing event of the season!
Let us know what you think about this article in the comments section below and feel free to add your own tips to these 12 by leaving a comment below.
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