For over 100 years, it’s been a popular pastime to bet on horse races. From the US to Europe, there are millions of horse racing fans who enjoy placing bets throughout the year, whether it’s on the Grand National or the Saudi Cup. Fortunately, it’s very easy to get into sports betting and quickly become an expert – even if you have no prior gambling experience. Don’t believe it’s true? The tips and guidance below will show you how.
To Bet on Horse Racing, You Need to Use a Sportsbook
In the modern era of smartphones and technology, the majority of fans are placing bets on horse races using an online sportsbook that’s legal in your state in the US. It’s quicker and more convenient compared to traditional betting. Plus, you can get instant updates on odds and other important information, which makes your life a lot easier.
After registering with a sportsbook (which only takes a few minutes), you’ll then need to make your first deposit. This can be any amount of money you like, such as $10 or $100. Over time, you can keep making deposits when your funds increase or decrease.
Follow the Annual Horse Racing Calendar
Throughout 2023, you can bet on hundreds of different horse races, from small to big events. However, the best races to bet on are the big ones, such as the Grand National, which takes place in April. The great thing about the Grand National is that it’s known for producing shock results. If you flashback to early 2022, you’ll remember that Noble Yeats won the Grand National at +5000 odds. If you had bet $1 on this horse to win, you would have received $50 back – not bad, right?
Make sure to make a mental note of all the big horse racing events so that you can watch (and potentially attend) them this year.
Stick to ‘Sure’ Bets at First
If you’re a beginner, it’s a smart move to stick to ‘sure’ bets at first. These are bets that are highly likely to be successful. The lower the odds on a horse and jockey, the more likely they are to win.
For example, +400 odds aren’t great, as this means the horse has a 25% chance of winning.
Usually, horses that are in good form have odds like -250.
Focus on Analysis
In horse racing, there are several different factors that determine the outcome of a race.
These factors include:
- The horse’s condition (e.g., whether it has recently suffered any injuries)
- The horse’s record
- The jockey riding the horse
- The race track
- The surface conditions
If a horse is in red hot winning form, then they’re always worth a ‘safe’ bet. However, if a horse hasn’t won a major race for several months, then it’s risky to bet on them being the outright winner.
Conclusion
Good luck on your betting journey in the horse racing world. Follow the advice and tips above so that you have a positive gambling experience. Remember, patience is key in horse racing betting. Sometimes, you’ll win; other times, you’ll lose. Stay consistent, and don’t rush your bets.
