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Top 3 Horse Racing Betting Strategies You Should Try

  • July 18, 2022

Without a doubt, horse racing is a popular sport all over the world, which can be a surprise considering that most of the people into horse racing are bettors. While many do enjoy the sport for what it is, the majority of its fans are bettors who want to participate in the wagering games. Many people enjoy horse racing solely because of this reason.

In a horse racing event, 80-90% of the people attending are there to bet on the races. Some people even bet just for the thrill of betting and don’t even care about winning at all. While there’s no rule on what you should do with your bets, it’s still better to make informed wagering decisions. If you’re one of them and want to win a lot more with your bets, then you’re in the right place.

We will talk about some tips on how to win more horse races and go back home a few pounds richer. Of course, the following tips won’t guarantee that you’ll win all the time, but they do increase your chances at least a little bit. That said, here are some tips for you to win more in horse racing.

Do Your Homework

Millions of people are wagering on the belmont stakes and other horse racing events each year. And you can arguably say that millions of bets are also flying around horse racing annually.

However, what might surprise you is that most people don’t research before they place their bets. Of course, not all of them are serious about betting, but if you’re serious about winning, then doing your research would get you far.

The main point of your research should be the form guides. Form guides contain all the information about the races, including the horses participating, their respective jockeys, the horses’ track records, etc. Of course, it won’t tell you which horse to bet on, but it will give you enough information to make an educated guess.

All of the information in the form guides can be overwhelming, especially for beginners, but once you know what to look for and how to apply them in your bets, you’ll see how important the form guides are. Just take it one step at a time and see how far each information gets you.

Make Different Types of Bets

The most common type of bet you can hear in horse racing is the win bet. It’s straightforward as you’ll only have to pick a horse and hope it wins. However, there are many more available bets you can make in horse racing. Therefore, if you want to maximize your chances of winning a profit, you should incorporate several types of bets in a single race.

Let’s then tackle the simplest types of bets: place, show, and across-the-board bets. The most common among the three is the place bet. You have to pick a horse in this one, and you win if it finishes in either first or second.

In other countries, they allow you to have more places, including the third-place or more. Place bets are great when you feel good that a horse is winning but aren’t sure which place it would finish.

When it comes to across-the-board bets, you can incorporate win, place, and show bets into one bet. The idea here is to place an equal amount of bet on each type of bet, and you’ll get the winnings following your bet.

For example, if the horse finishes first, you’ll get the total amount. If it wins second, you’ll get two-thirds of the total bet, and if it finishes third, you’ll get one-third. With this, you can maximize your profits by incorporating multiple bets in one. Or you could also go for exotic bets like the superfecta, trifecta, etc.

Shopping the Odds

Shopping the odds is a very simple way to increase your profits. And probably the best thing about it is that you can pretty much apply this to any sport, not just horse racing. Once you have picked a horse you want to bet on, you can look for odds with the best value. You can check for odds on the internet for your specific bet.

After looking at your options, you can pick the ones with the most value to make the most out of your bet. Of course, the difference might only be a few pounds or so, but the payout will increase over time if you do it regularly.

Final Words

There are many more betting strategies out there, but the ones mentioned above are the most simple and common. You can call them fundamentals, as most professional bettors and veterans do these tips to win more. So if you want to win more in horse racing, you might want to do the tips above.

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