Horse racing dates back to ancient Greece as an event at the Olympic Games. Nowadays, Horse racing quite different due to many regulations, new technology, and rules. With that said, it is still one of the most popular sports in terms of betting due to the high reward system.
Even though horse racing is one of the most unpredictable sports in terms of the final result, you can still use betting strategies to increase your winning chances.
The most important thing when it comes to horse racing is knowledge. If you follow the latest horse racing news and know all the rules of the sport you stand a better chance of winning more money.
That’s why in today’s article we will highlight some of the things to consider before placing a bet on horse racing. Sign up for a TwinSpires betting account and place your wagers.
Before placing a bet on horse racing, make sure you know all the basics. This means getting into the horse racing jargon and knowing how to read every race card. Additionally, researching how horse handicapping works can be of great value to your future wagers.
Once you know all the important things and how to place a bet, it is time to move to analytics.
Jockeys and Trainers
Analyzing every piece of information can help you improve your winning chances. When it comes to jockeys, some of them are very familiar with their stables, which often mean a better chance for a good result.
Therefore, you need to do a bit of research in order to find which trainers or stables are performing well and take a look at their jockey selection just so you can see whether or not they can squeeze every bit of performance from the horse.
Analyzing jockeys can help you improve your winning chances. You must find a jockey that is familiar and has ridden the horse previously. This usually means that they have experience and knowledge about horse’s performance.
For example, if a trainer has several horses in the race and there is a star jockey participating, you can be sure that the jockey has hand-picked the horse with the best performance.
Finally, make sure you analyze jockey’s races. Often they travel to multiple races in one day which can impact their final results. Check out the Triple Crown events, such as the Kentucky Derby, Belmont Stakes and Preakness Stakes, as they are the races that normally bring most attention.
Horse racing is just like any other sport where you analyze their form and results from previous matches or races. Most people fail to notice the importance of barrier trials, which are often used as warm-ups in horse races and they can be a deciding factor in which horse has a bigger chance of winning.
When it comes to the horse, there are few things you need to ask yourself, such as:
- Does the horse have good relatives?
- What is the purchase amount for the particular horse?
- Does the horse come from a good stable?
Since the majority of horses race multiple times a year, this is a great starting point for your analysis.
Most people look for wins when they analyze previous results, which is a mistake since the horse can be racing with the different competition. So, it is not just analyzing a horse’s performance, but you also have to compare them with the competition.
Race Conditions and Track Formation
Horse racing is one of few sports where weather conditions play a crucial role. In other words, horses prefer to race on different weather conditions and surfaces. Some are great on a sticky, wet surface, and others get the best results on hard, fast tracks.
So, you must consider the track conditions before making a bet, just because even a horse with multiple winning series can end up losing if it is not on the right surface.
When it comes to horse racing strategies, it all comes down to analysis and making the right choice. You need to place bets on multiple races, not every single one. Additionally, come up with a strategy that will go along with your budgets like whether or not you are going for smaller bets as a long-term investment or larger bets for the short term.
Since most sport betting companies have online betting websites, you can start shopping for odds and choose the bookmaker with the highest odds. It might look like a small deal-making only a few extra bucks per bet, but it is will make a great difference in the long run.