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This article will explain how to use research to guide your selections, how to shop If you already have a basic understanding of betting on horse races, but you are Always make sure that you have paid your rent, bought groceries, and taken will win the Kentucky Derby at 5 to 1 odds with an original stake of $
Table of contents
- How to Read a Form Guide
- 10 TIPS ON USING OUR HANDICAPPING PICKS
- Horse Racing Betting Strategies
- Making Horse Racing Selections: The Basics
- Top 5 Reasons People Win At Horse Racing
How to Read a Form Guide
Ultimately, your chances of winning money will depend on your ability to regularly make good selections. So you need to know HOW to pick your selections. We start with a few basics that will put you on the right track, and then we look at how to read a form guide. Before we thoroughly explain how to make your horse racing selections, there are three key points we want to make very clear.
Some of these are obvious, while others are less so. For starters, we should go over the unpredictable nature of horse racing. Anything can happen in a horse race, especially when there are jumps involved. This is important because it tells us that betting on the favorite is often not the right thing to do.
10 TIPS ON USING OUR HANDICAPPING PICKS
Outsiders can and do win, and often at very good odds. This also is just simply not the case. A horse can be considerably better than the rest of its opponents, but it still might not be the favorite to win. Although the pure quality of a horse is obviously a good indicator of how well they are likely to run, there are all kinds of other factors that affect the likely outcome of a race. We expand on this point later on in the article.
The third point listed above might surprise you. Please be aware though that it is absolutely true! The key to betting success is NOT simply backing the horses that are most likely to win. Value is how we determine whether any particular wager is worth placing or not. This point essentially forms the very foundation for how we should make our horse racing selections. Our goal is to form our own subjective views about how likely a horse is to win, and then compare those views to the odds set by the bookmakers. The difficulty, of course, is in making those accurate assessments. Other sections of this article will help you with that, but we must stress just how important it is to fully understand the concept of value in this context.
There are a lot of people who have plenty of fun just picking horses without really thinking about it. They might pick a horse because they like its name, or because they like the colors the jockey is wearing. The rest of this article explains how to do this effectively.
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Ideally, your goal should be to develop your own systems and strategies. Although this is a major challenge when starting out, it becomes easier over time. Now, form guides can look a little different depending on where the racing is taking place. For example, a form guide for a North American race might differ from a form guide for a European race.
They always follow the same basic principles though. Once you know how to read one, you should be able to read them all. First, we have the time of the race and the name of the racecourse, which is followed by the distance.
Horse Racing Betting Strategies
In this case, the race is five furlongs and yards. Underneath that are some more details about the race. This information is all pretty straightforward. The important details are underneath, separated into different columns. The first column shows the number each horse will wear for the race, followed by its draw if appropriate.
Making Horse Racing Selections: The Basics
The draw represents the position the horse will run from in the starting stalls, and certain positions can provide advantages or disadvantages. The next column is just the colors that the jockey will be wearing. The third column is the form for each horse, and this IS important. The numbers here show us where each horse has finished in its previous races.
The most recent race appears on the right. In the fourth column we have some key details about each horse. These are the multi-horse and multi-race wagers that often pay out large sums of money. Exactas, trifectas, and superfectas are good choices. You might also want to consider making bets on the Pick 3 and Pick 4. The granddaddy of them all is the Pick 6, a bet that requires you to pick six winners in a row.
Another thing that is common among the big horse racing bettors is their fondness for the big events in horse racing. The Triple Crown series , the Dubai World Cup , and the Melbourne Cup are just three examples of big events in horse racing that could pay you a lot of money. The reason that winners like these events is because the betting pools are very generous. A lot of people play the races on these days, and many of them only play occasionally. You can take advantage of that because the the odds on the horses that you like will go up as people bet on other animals.
You should seriously consider betting with an online racebook. There are many advantages:.
Many professional handicappers have made the switch to online horse race betting. Follow their example and create your account today! Looking for an Online Racebook? We highly recommend this one! You can also choose winners for three, four and six races in bets called pick-3, pick-4 or pick In the United Kingdom, pick-6 bets are called scoop six wagers.
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Another way to bet on multiple races, or numerous horses and various races is to place an accumulator or parlay bet. These are less common in the U. There are virtually endless possibilities for parlays because you are placing as many bets as you want into one combination.
Some of the most common accumulators are super Yankees, where you put 26 bets on five horses, or Heinz of 57 total wagers on six horses, or goliaths with a total of separate bets on eight horses. Obviously, these are harder to win because you have to get all of your selections correct or you will lose it all. I would suggest getting used to each bet before you attempt an accumulator. Shopping the odds is a pretty simple way to increase your overall payout, and it applies to pretty much all bets, not just horse races.
But if you are using fixed odds, you might as well get the best value for your money. Once you have chosen the horse or horses that you will bet on and select the type of bet you want to place, you can begin to shop the odds.
Top 5 Reasons People Win At Horse Racing
Check with a variety of online gambling sites, as well as the on-course bookmaker, to find out the odds for a specific bet. Then just go with whichever options gives you the highest chance of winning the most. You may only make a few extra bucks on each bet. But if you are betting on a regular basis, those extra few dollars will add up quickly. It is worth taking an extra few minutes to do a quick search, but it is not worth obsessively searching every possible website. After checking those sites a few times for a few different races, you will begin to notice a pattern of which sites usually offer the best odds.
You can create your own system of using sites for most bets. You should also consider the bonuses that each site will provide. Almost every online sportsbook will offer welcome gifts for your first time using that site. But some of them will also offer reload bonuses for your subsequent bets, or other special offers. They are making money every time you lose, so rewards are an easy way to get some of that money back. This strategy comes down to some pretty simple probability, the more times that you place a wager, the more chances you have to win.