If you were to ask anyone why they love horse racing, they would probably give you a different answer. Some might say it’s the excitement of watching the horses race down the track. Others might say that they enjoy betting on the races. And still, others might say that they simply enjoy being around horses. Are you looking to make some extra money by betting on horses?
If so, you’re definitely not alone. Horse betting is a popular pastime for people all over the world. But just because everyone else is doing it doesn’t mean that you’re guaranteed to win. If you want to increase your odds of winning, here are five tips that can help.
Take Your Time
The very first tip that you should implement into your horse betting strategy is to take your time when making bets. It might not seem like it at the time, but there will always be another race to bet on. Many first-time horse bettors, or beginners, get into this mentality that it’s now or never and that they have to make this bet or they will lose out.
This isn’t the case at all, and there will always be more races to bet on. If you feel like this bet might not work out, it’s okay, you don’t have to place it.
Research as Much as You Can
The next thing that you are going to want to do is to research as much as you can, about anything and everything that could affect the result of the bet. Take advantage of sites like British Racecourses that will provide you with all the information you might need before placing a bet. There, you can learn more about the best betting sites, the best bookmakers, different payment methods available, as well as read their guides on different racecourses, like this guide to Cheltenham. With so much information available to you, it’s almost impossible to go wrong. However, there are so many variables when it comes to horse racing that it might not be possible to research them all, but here are a few important ones that you have to know.
The first thing to research would be the horse itself; is the horse old or young? How many races has it been in? What races does it do well in? What’s its fastest time on various tracks? You might not be aware, but horses do better on some surfaces than others, so you should find out which surfaces the horse is most comfortable on.
Another thing to pay attention to is the jockey, who is often overlooked. Jockeys don’t hold too much sway over the result of the race, but they might be an indication of which horse will win. This is because certain jockeys prefer certain horses, races, and tracks. If you research a jockey for long enough, a pattern might emerge that will help you to win a bet.
Vary Your Bets and Races
Another thing that you are going to want to do is to vary the bets that you make, as well as bet on different races. What does this mean? Well, when it comes to horse racing there are many different bets that you could make, and they are usually grouped into three categories; place, win, and exotic bets.
Win bets are the most common and straightforward; you bet on whether the horse will win or not, there’s nothing more to this bet. Then there are place bets, which is when you bet on whether the horse will come either first, second or third. Some bookmakers will allow you to make multiple bets with multiple variations, which does increase the odds of you winning the bet but also increases the cost of the bet itself.
Look at The Condition of the Horse
One thing that you will have to get into the habit of doing is looking at the condition of the horse on the day of the race. There are many signs that could give you valuable information.
For example, if the horse is sweating a lot around the kidneys, it probably means the horse is not having a great day. If the horse is sweating a lot in general, it could also mean that the horse is feeling particularly nervous. Some horses can get very antsy in the paddock, and some might be rearing, walking in circles, biting, and causing a ruckus; these horses are using all of their energy before the race even begins, so betting on the calm and patient horse, in this case, might be the best option.