Whether you are a new beginner to betting or a veteran on the bookies scene, knowing what selection to stick on your bet can be a difficult decision to make.
It is made even harder when it comes down to horse racing. Sports betting on the horses is a difficult gig made harder by the complete unpredictability of the sport but thanks to guides and racecards for racing, bettors have an upper hand nowadays. This article is going to look at valuable knowledge racing bettors should know and provide those needing some betting guidance that extra few hints and tips for people from all backgrounds to use to bash the bookies.
Odds
It may seem basic or obvious, but understanding odds and the way they are used by the bookies is hugely crucial to how you should be betting. Importantly, as odds slash you would consider the individual horse or selection to become more of a favorite. Whilst this is true, favorites in horse racing doesn’t entirely mean a great deal most of the time. In fact, favorites only win a third of the time in horse racing. This means picking odds that are within the realms of possibilities yet still get you the most bang for your buck is perhaps the best option when assessing the odds on a given race. Whilst this unpredictability of horse racing may seem like a negative as it makes it harder to predict winners, if heir head around, but knowing how the odds work, when they are best used for your selection and utilizing you have done your research you can use this feature of horse racing to secure higher odds on a more outside selection and get a larger payout as a consequence. The use of odds can be hard for many people to wrap tthe odds of horses in horse betting particularly is massively valuable knowledge to a racing bettor.
Type of bets
Whilst you may or may not know about all the types of betting options with regard to horse racing, it’s still important to assess if you are maximizing your betting selections to walk away with that sweet profit. To really achieve this you need to know what type of bet is best for you and in what way the type of bet can influence your bet. Like most other sport betting options, you can add multi-bets in horse racing from double and trebles to 8-fold accumulators, Lucky 15 bets and some have mentioned UFAbet. This is a useful tactic to use to gain better odds across a couple of selections but can be unwise when doing it regarding horse betting purely because of the unpredictable nature of the sport. Unless you are very well researched this combination of outsider odds will more than likely result in failure. Instead, rely on solid research for one or two races and bet on less but with more conviction. If you are planning on going down the large odds route, it is worth noting that horse betting offers a special type of bet whereby you can place an Each Way bet. This is where the bookies will pay out, proportionally, if your horse places in the top 3 in the race. Whilst this does significantly lower your odds/winnings it allows you to keep yourself in contention for larger accumulators and the sort. Knowing to keep it easy with horse racing is perhaps the most valuable knowledge you can take out of this but remember if you are risking it for a chocolate biscuit, as they say, you should consider the odds you are staking and maybe buffing the bet with an Each Way option.
Research
Asides from all the technicalities surrounding betting and the bookies, the most valuable knowledge that you can have for racing bettors is from yourself. Doing your own research into the form of horses, best conditions for specific horses racing and who their trainers, owners and jockeys are all provided an insight into how the horse is going to perform on the track. This can be done online or using racecards on the concourse of the racetrack by analyzing previous results and what the horse is looking like on paper. However, traditionalists insist that the best way to research a horse and judge its potential performance is by viewing the horse in the parade ring. By looking out for body language, sheen and muscle definition you can accurately guide yourself to picking a winning selection. Alternatively, if you are too busy to carry out this research accurately or deeply enough then there are numerous free resources online from tipsters to calculators which can help aid your selection. Valuable knowledge is knowing that knowledge is power. Having the knowledge by doing the research on your selections will give you an advantage and a better chance of beating the bookies.
Hopefully, these tips can help you understand horse betting that little bit better and provide you with some useful knowledge to help get bigger and better wins in the future. After all, we are all just looking to bookie bash and walk away with the largest profit possible whilst having some fun!
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