Betting on Horse Racing – Learning to Spot the Secret Signs to More Winners

There are many things to consider when betting on horse racing. Indeed so many that it can seem a daunting task with so many thousands of races throughout the year. There are key signs to look out for however if you want to consistently find more winners.

Nothing is set in stone and as with any form of gambling there are no guarantees. That said, if you learn to follow the advice below you are sure to start understanding when a bet on a certain horse may offer more value.

Given that one of the most difficult aspects of picking winners when betting on horse racing, is whether or not your selection is running to win on the day. You can often scratch your head in amazement in lower class races as horses that would seem to have less chance than others go in day after day!

What signs can you now look out for in order to back more winners?

Annual stable patterns

Firstly start to realise that sometimes results are not as random as they seem! Check the racing post to see which horse won the race last year and therefore which trainer. You will find many trainers targeting certain races throughout the year.

This may be because they have a good feel for the race and train one specifically for that event. Or that quite often certain stables start to perform at specific times of the year. This training ‘pattern’ is very worth keeping an eye out for. Nicky Henderson really starts to fire in November and early December, as Clive Britain tends to get his three year olds off to a flying start in April and Early May. These trends can change over time, but begin to understand that due to varying training methods and facilities, these patterns are not as random as you might first think!

Trainer Strike Rates

Making money long term betting on horse racing is about picking winners? To do that, if you consider that the more you focus on horses that cannot win a race the more likely you are to find a winner that can!

If you use this theory and start looking to find favourites that are short in price and can learn to get them beaten then you are on route to more betting success. So learning to use trainer strike rates when considering every bet is a shrewd and necessary method of form reading.

A 6/4 favourite that is being over hyped in the market from a yard that let’s say has a strike rate at this imaginary track today of zero winners from forty two attempts is most definitely worth taking on! One of the horses fancied with a bigger price from a yard with a twenty percent strike at the track is very likely to upset the favourite backers.

It is not your job as a punter betting on horse racing to work out why a trainer strikes well at a track. Just use the statistics to your advantage, as they do not lie! Let others follow in these false favourites and enjoy winning their money.

Betting on horse racing successfully is about thinking outside of the box, and where possible going against the common train of thought! Around 98% of punters lose, so the majority are not right most of the time! Really learn to use these tools above to start uncovering more winners at the races when betting on horse racing.

Betfair – The Pros and Cons of Lay Betting

When the first betting exchanges were launched in April 2000 it heralded a new dawn in gambling especially in the case of horse racing. The basic concept was that instead of betting with a bookmaker the bet was struck between two punters with the exchanges acting as “go between”.

In the UK punters also had to come to terms with using decimal odds instead of fractions. However, the big change was the fact that for the first time it was possible not only to back a horse to win or be placed but also to lay it to lose. This was a totally new concept and one that has become increasingly popular during the last decade.

It is often pointed out that it is far easier to select a loser than to find a winner. Consider in a fourteen runner race only one horse can win but there will be thirteen losers. So one assumes that a great number of gamblers have made huge sums backing horses to lose. But strangely enough that does not appear to be the case as Betfair report only a very small percentage of its millions of users make more than £15,000 per annum from their betting activities.

The drawback with laying horse to lose is that if your horse does win you will have incurred a liability. For instance if you lay a horse for £10 that is price at 3.0 (2/1) and it wins you have to pay out £20. In the event of the horse had being priced at 11.0 (10/1) you would then have to pay £100. In either case if the selection did lose you would win just £10 (£9.50 after paying Betfair commission). You could of course restrict yourself to laying just short priced horses but they statistically tend to win more often. If you concentrate on higher priced horses they may win less often but when they do your liability is considerably higher. It is also worth noting that for the outsiders the Betfair odds are usually considerably larger than the bookies starting price odds.

On Betfair the prices tend to be around 20% above those offered by the bookmakers. Of course you also have to take into consideration the 5% commission charged by the exchanges. If you are thinking of trying lay betting another point to consider is that you will have to lodge enough money with the exchange to cover any liability that you might incur. For instance if you laid £10 on a horse to lose priced at 11.0 you would have to have at least £100 in your exchange bank to cover the bet in the event of the horse winning.

If you think the risk of possibly losing £100 just to try and make £9.50 then lay betting may not be for you.

Horse Betting Racing Secret Systems – Punting Tips You Take to the Bank

Let’s face it, making money with horse bet racing is tough. Trying to beat the bookies is a scam, they collect all of the betting money from punters, and then drop the odds off the map seconds before the race starts, leaving you and every other punter out there “hung out to dry”, even if you picked the winner. However, there are still so many proven ways to take consistent winnings with the proper horse betting racing system.

The truth is that 95% of all punters do not make any winnings consistently. This is not because they don’t want to win or are not putting enough effort into their selection processes, but more often than not, this is because the horse bet racing system they use themselves is weak or flawed.

There is a distinct horse betting formula which professional punters use to pull consistent, even full time incomes from horse bet racing. Betting secrets which professionals have spent years developing as well as hiding from the general public. I am going to provide you with a basic overview of the horse betting process and some tips to get you punting with success right off the bat.

1.) This you may find pretty standard, but if you don’t know anything about horse bet racing, or reading racing forms, follow closely. Start by looking at the daily racing form. These are available at the track, a newsstand, bookstore, or you can simply go to the internet. You are going to need to know some of the basics about reading the racing form because this can make all of the difference between a successful and unsuccessful horse betting run.

Reading the days racing form gives us an overview for all of the days events. Which horses will be running, which jockeys will be running, who is the favorite horse before the betting can begin, what time are the races scheduled, etc. Reading the racing form is a must if you are serious about making money through horse betting racing.

2.) You want to gauge each horse in the race field to get an idea of how they have been running in their past events, this is called a horses “form”. Take a look at their past 3 races, how has each horse competed? What place and time did they finish? The speed figures are listed in the racing form and you can then compare a horses average speed and position against other horses in the racing field.

Also, take a look at the distance of the last 3 races each horse has ran. How does the horses last race distances compare to the current days race? Think of it this way, lets say a horse has done well in their last 3 races at 800 meters, maybe even finishing in the money. Now, if the race that particular horse is running today is 1500 meters, we are going to have to be very careful in analyzing the other horses in the racing field. The change in race distance can be negative because the horse may be a better choice at its previously successful distances. So, just because a horse has done well in their last few showings, it does not mean they are ever guaranteed to win. These are just some basic questions you need to learn the answer to before placing any wagers.

3.) Look in depth into the jockey who is riding the horse you may consider betting on. A good jockey can be the difference between a strong finish and your horses potential not being used properly. Take a look at the racing form and see how each jockey stacks up against one another. Some jockey’s are “young” in the horse racing world and may have never even won a race before, while others can be some of the most coveted jockeys in the horse betting racing league. So be sure to see who is riding each horse in a racing field, usually there will be some well known names that stick out above the rest.

4.) Finally, you should look at the favorites in each and every race. Favorites statistically win 30-40% of the time so always be sure to look at a favorite very carefully. There can be different levels of favorites as well. A super favorite may be a horse that seems leagues above the other horses in their particular racing filed, but more often that not each race will have several horses that could be considered a favorite. When this happens you want to be even more careful with your selection process. There are ways to place tri-fecta and quinela wagers which can cover all of your tracks, that is getting into a bit more complicated horse betting secrets though.

The truth is that there is a distinct formula to consistent winnings with horse bet racing secrets. Knowing where, when, and how to act can make all of the difference between a horse betting system that produces consistent results and one that may strike a winner here or there. Horse bet racing is gambling, there is no other way to put it. So there is always going to be some risk involved, but with a well disciplined horse betting racing system you can very easily earn steady profits from smart horse bet racing tactics and take the “gambling” completely out of the equation.

The Truth About Horse Racing Handicapping Gimmick Betting

There is no doubt that how you bet is as important as what you bet in horse racing handicapping, if you want to make a profit. Good money management is the key to being able to stay ahead and that is a tough battle when you’re trying to make a living betting on horses. One of the most important lessons you’ll ever learn about gambling and maybe life itself, is that you have to keep track of your money and manage it wisely.

As I’ve often said before, “Good money management will get you through times of poor handicapping better than good handicapping will get you through times of poor money management.”

One of the ways that wise guys will tell you that you can make a profit on your betting is with gimmicks like distributing your money in the pools or increasing the amount of your bets based on your losses. Both of these gimmicks are very dangerous and not based on sound principles. A losing bet is a losing bet no matter how you bet it. If your flat bets don’t make a profit, increasing or decreasing the amount from race to race won’t help.

Let’s say that you’ve just bet on three races and lost on all three. Does that mean you’re more likely to win on the fourth? No. Why would losing three times make you a better handicapper? Please don’t get suckered into the “Law of probability,” myth. There is no law that is enforced regarding how many times you can lose except the law of diminishing returns which means how fast your bankroll disappears.

Martingale betting has been around a lot longer than I have and I am classified as a fossil by the scientific community. People have lost fortunes at the roulette wheel, baccarat tables, and race tracks using this progressive betting scheme. You may get lucky and hit something when your wager amount is increased making you think that the scheme worked, but in the end, you’ll eventually lose.

Another method of betting that has been circulating lately is the idea of spreading your amounts among the various straight betting pools. Bet a small amount to win, more to place, and a lot to show. Where is the logic in this? If a win bet is profitable, why do you need to bet so much to show? The same is true of the place bet.

While backing up your win bets may make sense to preserve your bankroll because your horse is more likely to place or show than it is to win, those bets still have to be able to show a flat bet profit in order for that scheme to work. If you make a flat profit of 10% on your winners but only hit 30% of the time, and make 5% on show bets but hit 60% of the time, you may put some money in the show pool to keep your cash flow, but there has to be an overall profit or you’re still losing.

The way to horse racing profits is through good handicapping and being able to put a price on a bet and then only wagering when the odds are favorable. It is like any other investment. Don’t fall for these gimmicks and you may one day make a profit. It isn’t easy, but desperate measures that make no sense will only make it tougher.

Logic System for Horse Race Betting

The best way to make money is to follow the same system that bookies do. This system can be applied even for casino gambling games. That system is to use logic. Other prominent betting systems are arbitrage and hedge systems. Let us focus on what logic betting system is and how to implement it to get paid better.

What is this logic betting system?

This logic system was developed by mathematicians using logical conclusions drawn from intense analysing different horse races. This is simple and definitely worth a try. Most people lose money on horse races is because they don’t have a plan of investment and they don’t know when to stop. All systems have their own pros and cons.

The governing principle of this system is that 33% of horses that win the races are marked as favourite. Taking that into account, if you bet in 10 games on the winner of the day, you will win 3. Start betting only 2% of your principal amount. Let us say you decide to bet a £150 or $250. 2% of this would be £3 or $5. This is the amount you will bet every time.

Next step in this requires checking the odds. Usually odds for the horses are predicted by analysts and put for public view. The odds should be more than 1.375 for a high percentage of win.

Now for the actual betting plan. Remember this sequence 1-1-2-4-8-16. Bet in the following way when you lose. For the first and second race bet 2% of the stake (£3 or $5). For the third race bet 2*2% of the stake (that is, £6or $10). For the fourth bet 4*2% (£12 or $20). For the fifth bet 8*2% (£24 or $40) and for the sixth, bet 16*2% (£48 or $80).

When you have lost all six games, stop for the day. By this time you would have lost £96 or $ 160. But this is rarely true when you are choosing the winner of the day. Also, when you have won even on game, stop for the day.

Once you have doubled your initial principal amount to £300 or $500, only then can you increase your bet to 2% of this amount. Till then you should keep betting at 2% of the first principal amount only. Now your stake will be £6 or $10. But if you lose money and your balance drops back to £150 or $250, go back to betting £3 or $5.

Your winnings will be low, but it will be steady. Taking that into account, you can win up to 5 times of your initial investment. All you need is patience and the urge to control your greed. By doing that, you can very well retire early.

Betting is an addiction, but you need to keep a steady mind over the shoulders and keep a keen eye over the bank roll.