Horse Racing Betting for Dummies

Horse racing is a huge field for betting because the latter was developed specially for this kind of sport. Nowadays, certain bets work in horse racing only, while others have been distributed over other sports. Fortunately, there are a lot of various tournaments organized all year round and throughout the whole world for ordinary punters to generate some profits. Such a high popularity is also explained by the fact that horse racing is extremely dynamic sport, and you need not to wait for a long time in order to know an outcome. Thus, it takes several minutes either to win or to lose.

To start betting on horse racing is very easy. For this, you need to have a look at a race card that enumerates all the horses participating in a race and choose the horse that is supposed to win. Online bookmakers immediately provide their users with corresponding odds for every particular horse.

Form and Statistics

Of course, professional punters say that you should not place such bets that are based only on luck and your intuition. There is something that can help you to increase your chances to make the right choice. The easiest way is to familiarize yourself with a current form of a horse. This information is indicated in a race card in the form of several figures. For example, you can see the following: Horse 4 634352. These figures show the places occupied by the horse in previous races with the most recent race being to the right. Thus, these positions can provide you with all the necessary data to place a successful bet.

However, the figures show only the final result, not to say about conditions of the race, type of ground, personality of a jockey, and opponents` level. It is these data that carry the greatest importance, and only they can help you to select the horse that has the best possibilities to win. That is why gamblers should carefully study statistics related to every particular horse. Mercifully, modern technologies make it very easy. Thus, a bettor needs only to visit a betting website and learn all the information that can influence outcome of a race.

Variation of Horse Racing Betting

In fact, there are a lot of bets that can be used in the given kind of sport. The simplest one is to select a direct winner of a race. Yes, it is easy, but, at the same time, it is rare to generate any profits. Thus, you can enter an each way bet that means that you will obtain some benefits both if your horse wins and if it occupies a medal place. Of course, the winning amount for the latter will be much less than that for a direct win.

Horse racing does not require from gamblers to place single bets only. The reality is opposite because punters are sometimes recommended to place various multiples including full cover bets in order to increase their winning probability. For example, there are Lucky 15 wagers that are based on four events. These events create 15 separate bets – a fourfold accumulator, four trebles, six doubles, and four singles. This situation means that the win of even one selection will gain you some returns. Trifecta is another popular bet that requires guessing the top three horses in exact order. Obviously, odds for this bet are enormous. These bets are the most popular ones, but there are also numerous other bets that can be suitable in different situations.