Horse Racing Betting Tips to Improve Your Chances of Winning
Horse racing has its own risks and it more or less the same as with any other gambling game. Yet the odds that you may win a horse race for the amount you wager may be better. This is because you are at liberty to make studies on betting races that involve horses and jockeys. Although you still risk the chance of losing your money you still have reasonable intuitive knowledge as to whether chances of your horse winning is more or not. You do this by calculating probabilities of your wins on a horse either mathematically as in case with Mathematical Formula that some gamblers use. Otherwise, you may with help of your own overall reasoning and understanding of horses and jockeys take to betting on specific horses.
It is pertinent to point out that both the above methods have risks as odds of winning by mathematical calculations or by clever analyzing greatly reduces your chances of losing out on a bet. Yet the risks remain equally high in both cases.
Below are few tips so as to bet so that you may eventually win.
Betting with Some Caution
Betting on horse racing is quite same like other gambling and in this case you have advantage of getting to know details of each horse, its owner and the jockey that rides it. A jockey is very important as you will find out while wagering bet.
There are also people that proudly say that they know quite well as to which horse would win that day. This is simple rubbish and you should never count on so called insider tips.
Go Over the Race Card Carefully
Undoubtedly, the race card would be shown in unambiguous manner and there is quite a lot of information that may however daunt a new comer. It is here that you need to go about on your own by collecting all information on the race card as well as doing your own online research. You will get entire details about the race including number of horses competing, odd prices, types of races and condition of track and so on.
You would be better off if you get an idea about the layout and also make sure that you do not miss out on any important information. Now over and above this card there are many sites that give additional tools to navigate including links to external pages, statistical information and also independent reviews. These should enable you to take informed decision whereby you minimize your risks.
Note the Experience of Jockey
Apart from knowing a lot about horses you ought to know quite a deal about the jockeys. It is a fact in horse betting that many professional jockeys makes surprising wins even on medium performing horses. You may get details about them through online research.
You may simply make a list of those jockeys that have been consistently won races. Again, information about their present physical conditions, recent illness and other details can help you configure in your mind as to the chances of your horse and jockey in winning.
Watch for the Race Course Tracks
A lot of winning rests on the conditions of race course track. You may find this information on the race card as well through your online research. You may even browse the history of jockeys and may ponder and reason out whether a particular jockey had earlier shown his expertise over a particular race track or not.
This could improve the chances of your horse and jockey to win.
Adopt Your Best Betting Strategies
You may adopt a Dutching strategy with some mathematical calculations. This involves betting on a set number of horses with the same amount of money. This ensures that you may split the bet amount in such a way that you get a profit irrespective of how the race turns up. Here, you may bet on more than one horse by splitting your budgeted stake.
Betting on your favorite is another way to wager money. If you know your horse and its jockey well enough then you may bet with a certain amount of money.
Yet another less risky way is to stay on with high tier races than select low grade races. Returns are higher as they are value betting.