What You Should learn Before Engaging in Horse Race Betting

Horse racing is one of the most popular sports to wager on online. However, it can be easily argued that finding winners when gambling on the sport is much more difficult than wagering on other sports such as American Football, basketball, and hockey. 

Bettors looking to make long-term financial gains will need to follow strict measures to ensure that they enhance their prospects of winning returns, while there are also key factors that should be considered in order to find the most likely winner of a race. 

If you’re a newcomer to betting on horse racing, what are the basics that should be understood before placing a stake on a race such as the Kentucky Derby?

Set Yourself Limits

Before going into greater detail surrounding form lines and key factors to take into account before making a bet, it should be acknowledged that the key factor in ensuring long-term success and profitability when gambling on horse racing revolves around a healthy bank roll management. 

Betting on horse racing can be addictive, meaning that you will need to set yourself limits in terms of money that you wish to gamble. Once this benchmark is breached, you should take time away from the sport. 

Relying on winnings to fund lifestyle choices is an unhealthy habit, and it is one that should be avoided at all costs, as there is no full-proof way to correctly predicting winners of every race on the horse racing schedule. 

Find more information here: https://www.twinspires.com/edge/racing/wagering/ 

Find The Best Betting Site

Before placing your first stake on the racing action, you will need to ensure that you’re signing up for a sportsbook that offers the greatest freedom when betting on horse racing. 

This includes examining the betting markets available to wager on racing, and also assessing the meetings that are covered. Furthermore, this is also the perfect opportunity to explore available welcome bonuses. These will make your opening deposit go further after signing up for an account. 

As well as this, bettors should also examine potential perks of a sportsbook that they are signing up for, including whether there is an app available, or if the sportsbook offers dedicating price boosts on the horse racing action. 

Find Your Niche

There is a varied selection of horse racing action that takes place across the world, varying from thoroughbred racing over flat and jumps, as well as harness racing that is most popular in mainland Europe. 

Furthermore, flat action is staged on both turf and dirt, while all-weather courses are also in operation in the United Kingdom and Ireland. Each type of racing requires something slightly different to be considered before making wager, with dirt tracks typically favoring pace and turf races likely relying on horses needing extra stamina. 

It’s impossible for a racing fan to be across all different types of racing, meaning that the most experienced bettors find their niche when it comes to betting, and they rarely sway into different types of racing. After all, if you’re getting winners in jumps racing, there will be no need to place bets on racing on all-weather tracks. 

Study The Form

As mentioned previously, the different types of racing requires something slightly different to be assessed when it comes to finding winners. For example, when betting on dirt racing, extra emphasis will be put on the speed figures that have been recorded by runners, as this will be the quickest way to whittle down the likely winners of a race. 

Meanwhile, jumps racing can often be slightly more unpredictable. Therefore, extra attention will be taken when it comes to the previous runs, assessing the distances in which horses have run over, and whether they are looking to step up in distance or drop back in trip. 

As well as this, horses with long records of falling or being pulled-up will be red flags. Bettors should also examine the recent strike rates of trainers and jockeys. Those with long positive records will stand a better chance of winning, as it will signal yards that have their runners in the best possible condition. 

Historical Trends

Racing can typically be a very challenging sport to find winners, but it can also be very straightforward, as the answers to puzzles could be unearthed after studying historical trends. 

Trainers and jockeys that have positive records in some of the biggest races will mean that their runners will stand a better chance, as connections will have all the know-how required to get their runner to peak at the best possible time. 

Meanwhile, trends could also pinpoint negatives in terms of horses of a certain sex or age when it comes to key races on the schedule. For example, fillies have a poor record in the Kentucky Derby, but they have a productive recent record of winners in the Preakness Stakes.