Anyone who has ever been to a race track, or even watched horse racing on TV, knows that there is something about betting on horses that makes the experience all the more exciting. But if you’re new to horse betting, or just looking to up your game, then here are some tips to help you make the most of your next trip to the track.
Whether you’re a beginner or an experienced bettor, these tips will help you wager smarter and enjoy the excitement of horse racing even more! So, without further ado, let’s get started.
Do Adequate Research
Something that every professional horse bettor will tell you is that to make the most money out of your bets, you have to do adequate research. One of the main reasons for this is that research allows you to eliminate all of the variables, therefore increasing the chances that your bet is successful.
For example, you can find out about the condition of the horse, the experience of the jockey, which horse is the crowd favorite and why, and a lot more. Additionally, sites like British Racecourses seen here provide detailed information on different racing events, which can also be helpful when you’re trying to improve your horse betting experience.
Go Shopping for Odds
The next thing that you should do if you want to have a better experience whilst horse betting, is to shop around for odds. Essentially what this means is that every sportsbook, whether it be online or physical, will have a list of races and the odds for each race.
You might not be aware that not all odds are the same, even if it is for the same race. This means that you can potentially earn more money just by changing where you place your bet.
The Surface Matters
Another thing that you should keep in consideration is the fact that the surface matters. There are three main surfaces that horses typically race on, namely synthetic, dirt and turf. These surfaces have different textures, and some horses can maintain a better grip on one than another, or can move their legs faster, or with more confidence.
This means that before you make a bet, you should find out which surface the horse you are going to bet on likes since this will determine how well they do in comparison to the other horses.
Bankroll Management
Another important aspect of horse betting, and probably the most important, is effective bankroll management. For a new horse bettor, it can be easy to begin placing as many bets as possible or betting on all races. However, unless you have an unlimited source of funds, you will run out of bankroll.
To be able to continue to bet over an extended time, you need to be able to choose which races to bet on and why. You should also have a betting system that not only allows you to win money but also encourages slow-paced betting.
Different Bets
Talking about bets, an incredibly vital part of horse betting, and something that will make your experience even better is knowing what the different types of bets are. For example, there are trifecta bets, exacta bets, standard wagers, super high 5, multi-race exotics, single-race exotics, and more.
Varying the bets that you make can ensure that you cover all bases, which means that you will at least win some money back after making a bet. It’s advised to learn a few different types of bets before actually placing any.
Bet on Multiple Races
The next thing that you should do is to bet on multiple different races. Yes, this might sound contradictory to the tip above which states that you shouldn’t bet on a lot of different races, but that’s the key; only bet on a few different ones.
The benefit of betting on multiple races is similar to placing different bets; you spread your odds and increase the chances of at least winning something.
Be Realistic with Expectations
Finally, the best way to have a great time whilst horse betting is to be realistic with your expectations. For example, if you go into it thinking that you will win every bet, or that you will be winning tons of money, you are in for quite the disappointment.
Instead, you should focus on winning small bets over a longer time. Eventually, these will add up to a large sum of money, with minimal losses. This is a recipe for a great experience whilst horse betting.
