Friday 16 March 2018

What You Need To Know Before Betting on Horse Racing

Horse racing, along with football is the most popular sport in the country in terms of how much money is gambled on it, and this has been the case for many, many decades. What makes horse racing so attractive is the thrill of the race itself, the amount of upsets which can happen at any given race, and the possibility of winning big cash from a single meet.

If you have been thinking about having a dabble with horse racing, there are some things which you are going to need to understand first. Unlike many sporting events, those who bet on horses need to have a real speciality for picking the right horse at the right time, and here are some tips which you’ll need to start moving towards that level.

Form is Everything

Of course there are always races where the favourite falls and the 100/1 long-shot rides home to victory, but in most cases the form guide rings true. First of all it is important that you get the latest insights so you can make the right choice when betting on horse racing, secondly, it is vital that you understand what you are looking for. In horse racing you need to study form with additional factors compared with say football or rugby, as horse races fall into weight classes, they range in lengths, the conditions regularly change too, and with these factors, the possibility of a horse’s success also changes. Make sure that you study how horses have fared in the past, in similar races and conditions to what they will be racing on today. Another factor is how the horse has fared in the past, with the today’s jockey, this can make a huge difference.

Understanding Bets

There are many markets and bet types which you can try out when betting on horses, and it is important that you understand them so that you can bet with success.

Outright - The pick as to who will win and usually will have longer odds than other selections, if the horse wins, so do you, anything but first and you lose.

Each Way - This involves two bets, a bet for the horse to win, and a second bet for the horse to finish 2nd or 3rd. If you place £2.50 each way, the bet value will be £5 and you will win money if the horse finishes in the top 3.

There are also bets like you see in other sporting events such as doubles, trebles and accumulators, but you have to be mighty lucky or very intelligent to pick out 2, 3 or even 4 winners in a single meet.

Horse racing is not as scary as it seems, it comes down to studying the facts, understanding how to read them, and then playing safe with your bets until you have enough experience to be bolshy.