4 Winning Strategies for Betting on Horse Racing

Horse racing is a very popular sport that attracts many bettors. Because of how popular betting on horse racing is, you may be wanting to start betting on various horses and races, or you are looking to get better at placing these bets. For this, you need to learn how to make intelligent bets instead of what feels right.

In this article, we will be exploring a few strategies you can use to win more regularly and win more money when you place a bet on a horse race.

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Shop Around for the Best Odds

Shopping around and comparing bets from different sites and sportsbooks is one of the best ways to increase your payouts. This strategy applies to all kinds of sports and not just horse racing. Shopping around is a great strategy to use if you mostly place bets on fixed odds.

The odds posted on different sites and offered by different sportsbooks will depend on the horse, the jockey, the type of race, and a myriad of other factors. If you have good knowledge of horse racing, you will find value easily. 

An excellent way to find the best odds is to select the race and horse you want to bet on and start looking. Make sure that you are searching for betting sites that allow legal horse racing betting so you would not have any problems with placing your bets. Shopping around to see which sites offer the best odds is crucial when you are looking for a site or sportsbook to place a bet with.

If you do not want to spend too much time shopping around for sites that offer the best odds, you can always rely on reputable review websites that have done the hard work for you. These review sites compile lists of the best sites offering the best betting odds to help increase the amount you win from successful bets.

Do Your Research

If you are a casual bettor, you might not need to go too deep into the research phase. However, suppose you are serious about winning serious money and are in horse betting for the long term. In that case, you need to take your research very seriously. The two best places to find the information you are looking for are racing forms and the internet. Racing forms give you all the information you need about the race, the horse, and even the track. You can use all the information you get to make an informed decision on which bets to place.

Then, you can take your research to the internet using the information on the form, such as the time and place of the race, the horse, the jockey, and starting position. Here, you are looking at how the horses perform when starting at different positions and on different track types, be it dirt, turf, or other surfaces. You also need to find out how different horses perform on races of different lengths and under different weather conditions.

All of this looks like a lot of information but having all this information gives you the best chance of making an informed decision on the best bet to place.

Be Firm with Your Conviction

One mistake a lot of people make when betting at a racetrack is being swayed by the opinions of other bettors. Understand that there is nothing like a guaranteed bet at a racecourse. The jockeys are trying to push a horse with a mind of its own to win, and there is no predicting how that could go. If you have done your research right and know everything you need to, you should not let anyone sway your conviction because any doubt in your mind is likely to lead to bad outcomes.

Research the Jockey

The jockey is just as important as the horse when it comes to horse racing. Take some time to find everything you can about the jockey, including their win rates, their experience, how they have performed in the last 10-20 races, if they are taking care of themselves, and if they have been racing consistently over the past few months.

Next, you need to look at how they perform with the horse they will be riding on the day of the race. A jockey racing a horse for the first time presents some challenges because they may not be in sync with the horse, which affects the outcome. Although this is not a reason to dismiss a jockey and their horse, it is something to keep an eye on.

Lastly, check how well the jockey performs on that particular track, similar tracks, and tracks of the same surfaces. If they do well in these conditions, they will likely do well in an upcoming race in the same conditions.

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