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10 Commandments Of Horse Racing Betting
For the longest time, horse racing has been a favourite pastime
for a lot of people, not only for entertainment but also for
gambling purposes. However, if there is a single place in the
whole world where horse racing is more highly indulged in than
most, then that is in the United Kingdom. There are so many
people in the UK that are so into the sport of horse racing that
a lot of them place bets everyday of their lives, regardless of
whether they make a win or not.
These people, however, use horse betting strategies that they
believe would heighten their chances of winning. As horse
betting always comes with high odds, it is imperative for
bettors to come up with strategies ensures their odds of winning
will be increased. These kinds of strategies that they use
somehow let them gain profits from an activity that could
otherwise empty out their pockets.
Strategy on horse betting would normally be based on different
criterion. There are strategies that make use of financial
systems as their basis, which include arbitrage and hedging.
Other items like the draw, the form of the jockey, the name of
the horse and the form of the trainer are also among the other
bases for horse betting strategies, as well. However, there are
more modern strategies today used in horse betting and these can
definitely be used in the UK as well as in other places in the
world. These are the strategies that rely on particular
possibilities on the horse betting arena.
If you consistently figure in horse betting activities, then it
is best that you seek advice on what betting strategy you could
use, especially in the UK where horse racing stakes are usually
high. If you are knowledgeable about the different strategies
and you have discipline in your betting, then success will be
yours. To always stay on top of the game, make sure that you
catch up on the latest information about the course and the
horses, as these will make the difference on the calculations to
use in your betting strategy. This will help you make a better
judgement when it comes to placing your bets.
Remember that whether you are in the UK or in another part of
the world where there is horse racing, you always have to make
sure that your betting strategy is comprised of three main
factors. These factors are the odds made available for the
price, if the odds are offered over or under the expected price
and the betting type used in the horse betting game. Take note
that the definite horse betting strategy would be that one in
which the odds are at least at a ratio of two to one. However,
you would also do well in choosing a selection that grants a
higher risk that could elevate the price. Also make sure that
the value of the odds from your horse betting strategy is in
your favour.
While there are many strategies on horse betting that could be
used by bettors in the UK, each person really has a preference
for a strategy that works best for them and may not work for the
other. This is primarily because each person has a betting style
that would correspond to a betting strategy, which they think
will work out better for them based on their experience and how
they manage their hand in horse betting.
These are the 10 rules which everyone regardless of experience
should learn and apply in their own horse racing betting
activities online.
Commandment # 1
Do Not Bet With Money That You Need – Before you say “not that
old chestnut” I’d like to point out that this can also mean not
to use borrowed money either. Online bookmakers accept credit
cards with just a few clicks and the temptation is to cover your
losses with a larger bet. It never works in the long run and is
a potentially very dangerous thing to do.
Commandment # 2
Get To Know Every Type of Race – When evaluating each horse on
its merits, please be fully aware of the conditions of the race
they are running in. There are probably more variations of races
than you realise and by getting to know them all you are arming
yourself with another tool in your arsenal of betting knowledge.
Commandment # 3
Keep a Record of Your Bets – This is very important mentally as
well as practically. You need to be in the correct state of mind
when placing bets online. Awareness of what you have done
previously will help you keep focused on the main goal which is
of course to make a profit. You will also benefit from taking
notes of any trends that appear in your betting plan.
Commandment # 4
Be Careful When Betting Odds-On – Although a lot of people avoid
betting odds on and prefer to either trade or lay on the betting
exchanges they do provide a lot of winners. And if you are
clever and know what to look for you can pick out the most
likely wins.
Commandment # 5
Avoid Large Bets at the Start of Each Season – Ground conditions
can affect results drastically and at these times of the year it
is best to sit back and observe. Forget about using form from
one season to the next.
Commandment # 6
Do Not Base Selections on Just 1 Factor – Races are won or lost
depending on any number of variables. Do not be mis-lead by
attractive form figures, especially in handicap races. Always be
aware that every race is different, every course is different
and you should go in to each bet with an open mind to what could
happen in the next unique race.
Commandment # 7
Get Better Odds by Using a Bookmaker Comparison Site – You may
be surprised when you see the difference in odds that some book
makers provide. Before they update themselves in line with other
online bookmakers, as long as you’re quick enough, you can get a
real bargain by checking Oddschecker.
Commandment # 8
Don’t get greedy – Trying to win too much too soon is a sure
fire way to disaster. You need a plan and you need to stick to
it. Only through carefully selected bets and pre thought out
stakes will you see a steady rise in your betting bank.
Commandment # 9
Learn That National Papers Reduce Odds – Daily rags such as The
Sun and The Daily Mirror provide selections every day with
dubious level stake results. This does not stop people following
them at either the bookmakers, online or at the racecourse. This
flock of what I prefer to call ‘sheeple’ can shorten prices but
that doesn’t mean that the horse is any likelier to win. The
good thing about this is that if you fancy another horse in that
race you will get better odds.
Commandment # 10
Do Not Make Fun Bets – I am not saying don’t have a cheeky punt
on the Grand National each year but don’t get consumed with
placing bets for pleasure as your are in it to make money and
you will only do that by getting serious and treating it like a
business. Professional gamblers have patience and aren’t just
doing it for entertainment.
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