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Horse Racing Betting


Horse Racing Betting - History - Tips - Winners - Glossary

Horse Racing Tips and Strategies

The challenge of betting on horses is to collect and analyze information and then make a sound judgement on what to bet on, what type of bet to place and how much. To create an opportunity to be a winner, you need to take into account three main factors, analyze them and act on your findings accordingly. These are:

  1. The odds offer (Price)
  2. The value of the odds (overpriced or underpriced?)
  3. The type of bet (single, multiple, combination, etc.)

The odds offer has to be at least 2:1 to make it worthwhile. If necessary, choose a selection with a slightly higher risk to prop up the price.
The value of the odds must be such that the sportsbook's commission is to a minimum, if at all. Some selections get 'steamed' unnecessarily. When this happens, the 'favorite' price lengthens. Take advantage of those situations.
When horse betting straight, Always cover your horse bet. If the odds are high enough to break even if horse shows or play Win / Place / Show
getting back something is better then nothing.

If a horse is heavily backed just a few minutes before the start of the horse race and his odds are sharply reduced, bet on it.  In horse betting this is a strong indication that somebody has reliable favorable information about the horse that nobody else is aware of.

When horse betting it is best not to replay your winnings, at least not immediately.  If you want to be in control, you must put back in your pocket some or most of what you have won.

When making horse betting selections always give preference to a horse that ran recently. A horse that has not raced for several weeks may have suffered some setbacks like an injury or an illness.  No matter how good his form was if it is not recent, chances are the horse will not win and it is not a good selection for horse betting.



 

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