The popularity of horse racing continues to increase, with information and strategy guides sprouting up across the internet. With so much information available, it can be tempting to start betting for a chance to win some real cash.
If you love horse racing and are feeling betting fever, check out the advice below for some winning tips. With some preparation and research, you will rack up winnings faster than you can say, Secretariat!
Tips For Winning at the Track
If you’ve ever searched the internet for horse racing tips, you probably discovered the myriad of spam websites offering free tips but delivering nothing but advertisements. Additionally, many sites are phishing scams in disguise.
Never fear; we’ve got you covered with some tips to help you get the most out of your racehorse betting experience. Whether you are a beginner or an experience better, you’ll find something here to bolster your chances of winning big.
Understand How Horse Racing Works
The first step to increase your chance of winning is to familiarize yourself with the game. Though the demand for horse race betting declined recently due to the coronavirus outbreak, there are still racing events happening in selected venues. As with anything, practice is essential, and you’ll need to learn and research various betting strategies to be successful.
Bet Simple When You’re Starting
The simplest types of horse betting are Win, Place, and Show. These are the most accessible type of bets for beginners.
Betting on Win, Place, or Show allows you to wager on the first, second, or third place horses, respectively. The payouts will typically be smaller for a Place or Show bet versus a Win bet, but this is not always the case. You should always check the odds and payouts to verify the numbers before placing any wager.
Win, Place, and Show are certainly not the only types of wagers in the horse racing world; in-fact, bets can get quite in-depth. Action such as Exacta, Reverse Forecast, Trifecta, and Combination Tricast, are riskier but usually offer better payouts.
Not all racing venues offer all types of bets; be sure to familiarize yourself with the specific track and bookmaker rules before betting. If you’re a beginner to horserace betting, keep your bets simple. Even though the payout is smaller, you’ll generally have better chances of winning.
Check Race History
Most casual betters will go to a track and bet based on a “gut feeling.” While feelings and intuition have a chance of success, there are better methods. The most astute players will do their homework, conduct research, and place wise wagers based on that data.
Before you place a wager on a horse, check the history of your potential money-maker. Checking a horse’s past performance records, you will find information such as:
- Average speed and times
- Last racing date
- Information on the horse’s trainer and jockey
- What type of track the horse performed on (grass, dirt, etc.)
Careful analysis of this information can tell you a lot about how the horse performs and what you might expect in its upcoming races.
Diversify Your Gaming
Much like investing, the best advice for betting is to diversify. While you might think that placing one gigantic wager on a single horse is a good idea, no strategy is ever foolproof.
Spread out your wager across multiple horses, tracks, and even games. If the racetrack seems unusually unforgiving on a particular day, don’t be afraid to step back and try some different gaming options.
In the world of sports, distractions are helpful, as they can prevent players from becoming “tilted.” Being tilted is when a player enters a nasty losing streak and keeps playing in an attempt to break the losses, driving even more failure.
Sites like Blueprint top casinos can provide a necessary distraction, extra fun, and gaming diversity while preventing you from becoming tilted at the racetrack.
Getting a Knack for the Track
Using these simple tips will get you started on the right foot to win more at the track. Over time you will develop your strategy and discover the joys of horse racing. Good luck!