5 Horse Racing Betting Tips for Beginners

Even though it has the lowest viewership among all of the top sports, horse racing remains one of the most popular sports in the UK. There are many reasons for this. Not only is it an exciting sport that almost anyone can enjoy, but it’s also a brilliant sport to place bets on too.

However, getting into horse racing can be difficult. There are not only lots of terms you need to understand in order to be successful in this sport, but you also need to learn all about the essentials of betting and how to place a bet too. The good news is that there are lots of brilliant tips out there to get you started. Here are some of the best tips available for beginners:

  1. Understand Horse Racing Terminology

Perhaps one of the most important pieces of advice we can give you before betting on horse racing is to make sure you understand horse racing terminology. When it comes to horse racing terminology, there’s a lot to learn, but the more you know, the more likely you will be to place successful bets. 

  1. Do Some Research into the Race

Another great tip we can give you when you’re starting out is to do some research into the race. You will need to find out which horses will be competing, how well they have done in the past, and which one is the favourite to win.

One way you can do this is by dissecting the form guide. Currently, only a small number of individuals who place bets on horse racing choose to take notice of the form guide. However, as we mentioned above, research is an important factor in winning a bet. 

Form guides, otherwise known as racing forms, are paper brochures that contain huge amounts of information. For example, the form guide will give you an indication of how well a horse has been performing. Not only that, but you can also learn things about their track records, the jockey, and other important information about the race itself. 

If you’re planning on attending a race in the near future, then before attending the race, it’s also a good idea to do some research online. There are lots of amazing websites online that give you horse racing tips the next day. Researching the horses will help you to make a more informed decision when placing a bet. 

  1. Don’t Just Bet on the Favourite

In the world of horse racing, one of the worst things you can do when starting out is to bet all of your money on the favourite horse. Horse racing is an extremely unpredictable sport. Evidence suggests that the favourite only comes first in about 30% of races, so if you’ve rocked up to a racetrack and bet all of your hard-earned money on the favourites over the course of the day, there’s a good chance you’ll end up losing money. 

  1. Bet on Recent Winners

One of the most common, and successful, strategies beginners use when betting on horses is to bet on horses that have recently won a race. These horses are usually a great bet to gamble money on during a race. You can find out which horses have won recently by looking closely at the form guides.

  1. Vary Your Bets

When you first get into horse racing, it’s a good idea to vary your bets, and not simply bet once and hope to win thousands of pounds. Evidence suggests that you’re much more likely to make a substantial sum of money and a good ROI by placing several bets on a variety of different horses.

Horse racing is one of the most popular sports in the UK. However, the world of horse racing can be complicated and perplexing, particularly for beginners who are wondering how to get into the sport. Not only do you have to learn all of the horse racing terminology and phrases, but you also have to understand things like betting odds too. However, don’t let this put you off getting into horse racing. Once you know the basics of the sport, we’re certain you’ll love it. And, by following our tips above, you won’t go far wrong. 

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