We all have our own methods for betting on horse racing. Some people back competitors based on their form entering a race. Others back horses on a gut feeling or sentiment, while there will be others that simply put their stake on the favourite.
There is no right or wrong way to pick a horse. However, one factor that often gets overlooked is pedigree. Does the horse that you have selected come from good stock? It can make a surprising difference on the track. The great horse Frankel that dominated flat racing in the United Kingdom between 2010 and 2012 was sired by the legendary Galileo. Galileo was a dominant horse in his own right, winning The Derby among other elite races. He was sired in turn by another quality competitor in the form of Sadler’s Wells.
The American thoroughbred has litany of outstanding horses among his progeny that have claimed prestigious victories in countries all over the world. If you can track a horse back to the great Sadler’s Wells, you know you have a decent shout of a win. Looking ahead to the 2021 season, Van Gogh the son of the Triple Crown winner American Pharoah will compete in major events such as the Derby. It will be a good test of how horses with a strong pedigree fare, although Aidan O’Brien’s charge may be better suited to competing in America like his sire.
Van Gogh Newest Grade I Winner for American Pharoah.
A good October for American Pharoah got even better on Saturday when his 2-year-old son Van Gogh (2c… https://t.co/AIuacGIZrV pic.twitter.com/EtaHCTephw— Coolmore America (@coolmoreamerica) October 24, 2020
Expert bettors will know all about lineage due to their knowledge of horse racing. However, casual and novice horse racing bettors will not be likely to have that level of detail at hand. This has created a gap in the betting market for a supporting tool for those bettors and even experts in the realm of horse racing wagering. Artificial intelligence tools have been created to aid horse racing bettors in their quest to get the edge on the bookies.
They analyze races based on the form, the weather and ground conditions, and, of course, the pedigree of the horse in question. All of these details are entered into a formula and the tool predicts which competitor will have the best chance of winning the race, providing odds with the leading horse racing betting sites. AI could be the next successful frontier for technology in the world on online betting. Especially considering that the wagering industry as a whole has capitalized on innovations and therefore tends to fully embrace them.
In fact, wagering sites already use artificial intelligence to help determine their prices for betting markets, allowing the system to work out complex calculations in the space of seconds based on activity from punters. Now the bettors themselves can capitalise using the technology, and if past evidence is anything to go by it should be a roaring success given how in-play betting and live streaming have transformed the industry. We will now be able to judge all of the key factors that determine the outcome of a horse race, and it could change the face of online betting forever.
