Betting on horses doesn't have to be a hugely expensive, hair-pulling ordeal. If you'd like to just head down to the track or an OTB to enjoy a few races, and place a few bets then it's important to know at least the basics of what you're doing. The absolute wrong thing to do is go and place some random bets on random horses in random races for a jockey to win, place or show. Educate yourself, be smart about this. While there's no sure way of knowing the outcome of a race, it is possible (and done quite a bit, whether you know it or not) to reduce the risk quite a bit.
I can't overstate how important the research is, this is what makes or breaks bettors at the counter. Take a look at the horses competing in that race, that day. Do they have a history of performing better in hot conditions? Wet conditions? Long races or short races? Avoid horses that have never won a race before. It's more likely that the horse will never amount to much or the jockey is inexperienced than the horse will finally see its first win. Give a horse that just moved up in class time to establish itself; he's probably out of his league if he just moved up recently.
Slow or heavy tracks means that fast starting horses have a better chance of winning. It's also important not to bet on every race, unless of course you've researched every race, but most people don't have the time for that. A couple more horse betting tips to keep in mind are whether or not the horse has run recently; a horse that has been racing lately should always be favored over a horse that has been off for a few weeks. Don't underestimate the jockey's importance either; always give extra weight to an experienced jockey if the race is longer than a mile; the longer the race, the more important the jockey's skill.
Finding the right value bets can really make a bettor's week. A good tip for people who have become pretty good at doing the necessary research for races is to look at the possible exacta and trifecta bets. A small bet on either of these or similar options can bring in hundreds or even thousands of dollars. This can be very possible if you've done enough research and feel like you know what you're doing.
As people get better at the research and understanding the importance of different things during the race it can be a good idea to think outside the box. One such example that can come very much in handy is when you notice a horse's odds falling sharply right before the race starts. This usually means that someone, or a group, has reliable information on that horse and waited until the last moment to place their bets. Jumping on the bandwagon is never a bad thing if it can make you tons of money. Hopefully these horse betting tips will get you on your way to making some extra cash at the races.
I can't overstate how important the research is, this is what makes or breaks bettors at the counter. Take a look at the horses competing in that race, that day. Do they have a history of performing better in hot conditions? Wet conditions? Long races or short races? Avoid horses that have never won a race before. It's more likely that the horse will never amount to much or the jockey is inexperienced than the horse will finally see its first win. Give a horse that just moved up in class time to establish itself; he's probably out of his league if he just moved up recently.
Slow or heavy tracks means that fast starting horses have a better chance of winning. It's also important not to bet on every race, unless of course you've researched every race, but most people don't have the time for that. A couple more horse betting tips to keep in mind are whether or not the horse has run recently; a horse that has been racing lately should always be favored over a horse that has been off for a few weeks. Don't underestimate the jockey's importance either; always give extra weight to an experienced jockey if the race is longer than a mile; the longer the race, the more important the jockey's skill.
Finding the right value bets can really make a bettor's week. A good tip for people who have become pretty good at doing the necessary research for races is to look at the possible exacta and trifecta bets. A small bet on either of these or similar options can bring in hundreds or even thousands of dollars. This can be very possible if you've done enough research and feel like you know what you're doing.
As people get better at the research and understanding the importance of different things during the race it can be a good idea to think outside the box. One such example that can come very much in handy is when you notice a horse's odds falling sharply right before the race starts. This usually means that someone, or a group, has reliable information on that horse and waited until the last moment to place their bets. Jumping on the bandwagon is never a bad thing if it can make you tons of money. Hopefully these horse betting tips will get you on your way to making some extra cash at the races.
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