Horse Betting Tips and Predictions
Horse betting tips are key to making a wise bet. Since. horse racing is often unpredictable regardless of what the bookies have deemed their favourite or what foolproof horse racing strategy you implement, knowing which horse to back is not clear-cut.
That being said, there are some universal horse betting tips that you can benefit from regardless. In this detailed guide, you’ll find the latest horse betting tips today plus key tips and tricks that will prove beneficial whether you’re a beginner or a more experienced bettor. As you read, remember that there’s no way to guarantee a win on your bet, but these horse betting tips will improve how you choose to bet over the long run.
So, continue on for some of the best horse betting tips online, predictions, in-depth analysis and previews.
General horse racing betting tips
There are two basic things both novice and experienced bettors should be aware of before filling up their next betslip.
First, be sure to set aside a betting budget and stick to it. Whether you’re placing a wager on casino, football or any other sport, it’s essential to know how much you’re able to spend on betting. It’s only with an honest and clear amount of money in mind that you can then consider which horse or horses to back.
Secondly, remember that you needn’t bet on every single race. While it might be tempting to place a bet on a horse in every race, this certainly isn’t a good strategy. To make informed decisions on which bets to place you’ll need to keep an eye on the odds throughout race day and focus on those that appeal to you and meet your maximum bet requirements.
Horse betting tips for beginners
Betting on horses can be quite daunting for beginners whether you’re at the track, in a betting shop, or using an online horse racing lobby. So, here are a few more quick tips to put you in a clearer mindset:
- As you just read, remaining level-headed about what you’re able to spend on horse racing is central. With that in mind, you’ll be pleased to know that the most common monetary increment when betting on horses is £2. While it may be tempting to sit down and throw around 10s and 5s like they’re going out of fashion, it’s a sure-fire way to deplete your bankroll. So, stick to low bets and work your way up if and when you can.
- Betting on the favourite may not seem worthwhile especially if the odds are low. Statistically, however, you should win around 33% of the time so if you judge your stakes right, you could walk away with a small profit.
- As a rule, jockeys who are in the top 10 world rankings tend to win around 90% of any given race. If you find a race with a highly-ranked jockey in it, it’s usually a safe bet to go for them. Alternatively, you could always try betting against the jockey in hopes of a greater payout.
- A good horse betting tip is to always remember that odds are subject to change throughout the course of a race day. The primary reason for this is because horses can drop out, lose or win, thus changing the prospective odds from bookies. Additionally – much like a traditional, land-based casino game such as poker – you’re betting against other bettors and not the house which means that winnings can change frequently.
- The most straightforward horse racing bets to place are win, place, and show. a win is where you bet on a horse to finish first, a place is for first or second, and a show is for first, second or third. Once you’re accustomed with those bets and what they pay, consider learning about other types of horse racing bets.
- Betting on horses is all about the odds. This may seem rudimentary, but it’s fundamentally important that you understand how odds work and how to calculate your potential winnings before you start put real money on the line. Going in blind is an easy way to lose money.
- Keep horse racing odds in mind. This may seem rudimentary, but it’s fundamentally important that you understand how odds work and how to calculate your potential winnings before you start betting your own money.
- The morning line does not indicate the bookies’ favourite for any particular race. Instead, it’s the bookies prediction of what the odds will be before the race begins. A good horse racing tip is to check the morning line before a race and bet overlays on horses going at three or four times above the morning line odds.
Advanced horse racing tips
Now that you’ve passed the introductory level, it’s time to move on to more advanced horse racing tips. Take your time going through these as they can seem quite tricky at first. Once you’re done, you’ll have a better idea of how to place bets and what pitfalls to look out for.
Let’s take a look at some:
- A good horse betting tip is to look back at the history of your chosen horse. Review its heritage, the owner, and the trainer, as well as its racing pedigree. While the odds will indicate if a horse is fancied or not, you’ll be surprised at how many good contenders you can find by doing a bit of research. And the best bit? A lot of this information is easily available, either online or in racing publications.
- Most of the national papers publish racing information regularly, which can be a great way of getting in-depth information on races, horses, and jockeys. If you want to find information quickly, this is a good way to do it.
- One of the best tips for horse betting is to take advantage of combined bets, such as the Exacta, Trifecta, and Quinella. While they cost a bit more money than the three bets you saw earlier, they can potentially bring in a higher profit.
- Take advantage of Betsafe’s worldwide horse racing markets and options. There’s hundreds of races happening around the world at the same time, all with live updated odds, for you to choose from.
Place a bet with your newfound horse betting tips knowledge
With these tips for horse betting, you’re now able to make better choices when you’re ready to place a bet using Betsafe’s online horse racing lobby. As long as you have the passion to match the odds, you’re going to enjoy all of the thrills and spills that horse race betting has to offer!