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Manage to pick a few placed horses and your place treble might pay a handsome sum without the need to find winners. Studying which racecourses a trainer does well at throughout a certain part of the season can prove fruitful. Other approaches could include looking at specific race types in which a trainer performs well eg. Staying Handicap Chases in the autumn or how trainers and jockeys perform when combining.
Frankie Dettori famously rode 7 winners through-the-card at Ascot in September The cumulative odds of the 7 winners was over to All horses have their ability assessed by the domestic horse racing authority. Each horse is designated an official rating by the official handicapper. Horses can be entered in various levels of handicap races. Depending on how good or bad a horse performs, their official rating can rise and fall accordingly. Of all horse betting strategies compiling your own handicap ratings is one of the most time consuming.
It involves assessing results of historical races, often analysing large datasets. Combined with a method of race-watching, you will ultimately have a list of horses you believe are well-handicapped, in that you rate them higher than the official handicapper.
This can provide suggested bets should you see a well-handicapped horse in a suitable handicap race. By analysing historical datasets, you can develop horse racing betting systems. By making a system, you will be able to quickly identify future betting prospects. A horse racing system is a means of betting that reflects years of data, concerning multiple angles such as Trainers, Jockeys, Horses, Sires, Ground, Class, Courses and much more.
Such combined angles have historically proven to be profitable over the years. Similar to system betting, an approach often employed when analysing big races is to look through trends. Assessing previous winners of the race and profiling possible winners based on such criteria as age, career wins and position in the betting can be quick way to narrow down your betting selections.
Many punters, having used trends to narrow the field, will then take a closer look at form and any well-handicapped horses they may have identified. The odds of a horse represent the implied chance it has of winning a race. Converting Fractional odds to decimal odds can be done by dividing the numerator by the denominator and adding one. If bookmakers are offering higher odds you could consider this to be a value bet.
Enjoying betting on horses requires good bankroll management. You should set yourself a betting budget, being sure to only bet what you can afford to lose. Spread this amount around your chosen bets keeping a record on how much you have staked. Depending on the confidence behind your selection, you may choose to bet more whilst perhaps betting less on your lower confidence selections. A very simple consideration is the odds of your selections.
These represent the implied chance your horse has of winning the race. The bigger the odds, the lower the stake that is required to win a high amount. Good bankroll management is one of the most important disciplines to have when learning horse betting strategies.
Protecting your bank and staying in control will benefit you more than any ability to find winners. Everyone will encounter losing runs so ensure you stake appropriately. The larger the odds you bet on average, the larger your bank should be. Recreationally, a punter might set aside a small bankroll for a day of betting, treating it as fun whilst ensuring you spread your investments and play responsibly.
The most common staking plan is a levels stakes plan. This plan constitutes betting the same amount on every horse you bet. Level stakes betting affords quicker, easier bet placement and easier record keeping. In accordance with identifying your most confident races, there is an opportunity to vary your bets and cash in on some better odds. For example, suppose of all races you are most confident of the 7 horse to win the fourth race.
In this case, one could look into pairing this horse with other horses and betting an exacta or trifecta. Conversely, if there is a favorite in another race that looks vulnerable, that is a great opportunity to find more of a longshot to win and return a decent payout. Though these bets are safer, they do not return enough money, in the long run, to make them worth it.
If I am betting a single horse, it will always be to win. You have read the entire racing program and identified the races you are most confident in. Now, the hardest part is sticking to your original plan. Suppose the races you were most confident in early in the day did not go your way. Do not be tempted to chase your lost money and bet bigger on races you are not as confident about. Likewise, do not blow all of your early winnings in bets that you would not have made if you were not already ahead.
Every bettor needs to adhere to a strict budget. There are many bettors who are confident in a later race but cannot wager on it because they have lost all their money beforehand. If you have ever attended a track in person, you know there is a lot of downtime between races. Often times, there can be as many as 30 minutes from the time one race ends until the next begins.
Thus, a lot of bettors get themselves into trouble by curing their boredom with off-track betting OTB. They do not have the time to adequately research an OTB race, and will just place a bet based on odds. Do not place a wager on a race you have not studied. Even if you are not tempted by OTB, it is more than fine to sit out a race at your local track. Stick to what you are confident in and have the patience to wait for your races. An exercise that can be helpful is to place a hypothetical bet on a race you are sitting out.