Gambling related articles
5
ways to maximise profit when betting on horse racing
From
Jeremy Whitehead.
August 2018.
Horse racing is one of the most popular sports with
bookmakers. The traditions of horse racing go back
centuries and punters are still enjoying placing a
wager on the gee-gees to the present day.
There are a few different techniques bettors use
when betting on horses; ranging from course and distance
form to simply choosing by name. Here are five tips
that could help you pick a winner next time:
Form Guide Isn't Always Right
Going purely off form isn't always the correct call.
You could end up betting on a horse that has won at
a much lower level against a well-fancied newbie.
Research is arguably more
important in horse racing than it is in any other
sport - course and distance, weight and age are just
three other factors to consider when placing a wager
on horse racing. Keep an eye out for a Winx or Black
Caviar type, though; the form book is spot on with
those horses.
Size Of Field And Draw Is Key
The stalls draw will have a huge impact at some courses
but will hardly affect the odds at others. Over in
the United Kingdom, this is more prominent at right-hand
courses and other venues with bottleneck sections
- such as Chester.
In addition, the size of the field is also another
major factor that could influence your wager. Some
horses enjoy going up against a larger group of challengers
whilst others settle better in smaller fields. It
is worth looking at previous races to find that information
prior to placing a bet.
'Distance' Betting Growing In Popularity
Now very popular with bettors and bookmakers alike,
distance betting offers punters to bet for short-priced
favourites to win by longer distances. Those who receive
promotions and offers tend to use them on more well-known
types. For example, Stradivarius has landed 'distance
bets' in four of his victories so far this year. Some
bookmakers were offering 5/2 to win by over three
lengths in his latest outing and this is a great opportunity
for punters to try and maximise profit.
Betting Without The Favourite
Perhaps you don't like betting on short-priced horses?
If not, this could be the market for you. The chance
to bet without the favourite offers punters a smaller
field but with solid enough odds on most horse races
- unless, of course, you have two short-priced runners.
This carries plenty of appeal and most high street
bookmakers offer this. However, you may be hard pressed
to find an on-course bookie to place this bet. It
isn't one of the traditional wagers associated with
the sport.
Place Betting Always An Option
Some races are very difficult to call and punters
may prefer to look at the 'place betting' odds. Whether
it is to finish in the top two, three or four, there
is often value to be had - especially for outsiders.
The advantage of placing one of these bets instead
of an each-way wager is that you don't need to place
the win part of the stake. As long as your selection
finishes in the places for that particular race, your
bet will be a winner!
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