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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