Horse Racing Betting Strategy: Keys to Being Successful Long Term

SHARE

Success in horse racing betting is like a fine wine: you must take your time before you reap the benefits. It is incredibly difficult to make money quickly on the horses, since the outcome of the majority of races is unexpected. To come out with a profit, you must be selective in your tips; if there is a horse you’re not sure about at 6/1 then it is probably best to give it a miss. Equally, if there is a short-priced favourite, yet you see other horses capable of getting involved in the race then, again, it is probably shrewd to keep your money to yourself. The trick is not to play your cards too soon. Look at the race card for the whole day, study all the horse racing tips you can find, read the form, and, ultimately, gauge which of your fancies have the best chance of winning.

When to Place Your Bet

Of course, this is easier said than done. Often it is more sensible to wait until just before a race starts to place your bet since if there is a ‘plunge’ on a horse (that is, a sudden increase in money on one horse, leading to a shortening of its odds), then you can take that into account when making your pick. Even if a horse does not look like a winner in the formbook, betting companies often know something the punter doesn’t, and it is wise to take the fluctuations of the market into account.

Competition Level

Additionally, it is possible to enhance your chances of winning by checking how competitive your race is. For example, you’d have far more chance of winning a six-runner maiden at Lingfield than you would the Grand National. Keep your options open too. Be wary of backing an odds-on favourite where your stake would be much larger than that of a horse at a bigger price – often these ‘bankers’ get turned over. If you’re looking to make money, often the best races to study are those with a small number of runners, but at the same time are open contests: a handicap with twelve runners with the favourite at 9/2 is a good place to start. In this instance you can limit your expenditure yet still emerge with a significant profit.

Excitement Doesn't Equal Profits

Unfortunately, the most exciting races are often the hardest to win. Exhilaration brings with it large fields of runners, so enormous events such as the Cheltenham Festival often have races whose outcomes are notoriously difficult to predict. Perhaps the key to success here is by selecting your races carefully, trying to stay away from the larger and more glamorous handicaps until you are surer of the horse racing tips coming your way.

A six-runner maiden, in which none of the horses have won a race before, will offer better returns than a big field filled with high quality horses. The handicaps are where all the excitement lie, however, so make sure you follow certain trainers, jockeys and, of course, the big name horses to try and maximise your horse racing betting successes in the larger races, too.

Ultimately, the key to success in horse racing betting is making sure that you’ve assessed the form and markets as thoroughly as possible. Websites such as Betfair Sports and Ladbrokes Sports all over comprehensive race forms for every race they feature, so you can start learning the trade today.

Recommended Betting Sites

Terms and Conditions apply for all bonuses. Must be +18 to participate.

Betting Strategy Articles


Finding Value Bets Following World Cup Group Announcements
Finding Value Bets Following World Cup Group Announcements

The World Cup draws ever closer and the groups have now been announced. If you're planning on taking a punt on some of the games, finding value bets is – quite literally – your best bet, so here's som ... Read More

Bookmakers Shift Trump’s Odds in Favor of Finishing Term
Bookmakers Shift Trump’s Odds in Favor of Finishing Term

Many bookmakers offered generous prices on Trump finishing his first year's term but his first year in the White House has seen his odds fall. The movement has raised the question of whether the Presi ... Read More

Hamilton’s Title Hunt Makes Abu Dhabi Betting Interesting
Hamilton’s Title Hunt Makes Abu Dhabi Betting Interesting

The Yas Marina Circuit in Abu Dhabi has seemingly favoured betting on a select group of F1 drivers. As the teams head to the Persian Gulf for the race on 26 September 2017, let's take a look at the Fo ... Read More

Betting the Davis Cup Final Could Mean Backing an Underdog
Betting the Davis Cup Final Could Mean Backing an Underdog

After battling away for the best part of 2017, the Davis Cup finalists, France and Germany, are now just one victory away from securing the famous tennis trophy for their country but the bookmakers ha ... Read More

Why You Should Be Wagering the ATP World Tour Finals 2017
Why You Should Be Wagering the ATP World Tour Finals 2017

The 2017 ATP World Tour Finals are shaping up to be an intriguing week of tennis, with several new faces and a new sponsor to spice things up. Time to take a look at the runners and riders and see whe ... Read More

Hamilton Securing Title Means Betting Value in Brazil 2017
Hamilton Securing Title Means Betting Value in Brazil 2017

The penultimate race of the Formula One season takes place this weekend. The drivers’ championship may be over but there's still plenty of interest in the Brazilian Grand Prix, and time to place your ... Read More

Betting Navigation

Newsletter

Sign up for the free Gambling.com Newsletter to stay on top of all the best bonuses!
We will never share or misuse your personal information. Privacy Policy

Latest Betting Strategy

BettingGuides

Country Guide

DISCLAIMER: Online Wagering is illegal in some Jurisdictions. It is your responsibility to check your local regulations before playing online. GDC Trading Ltd takes no responsibility for your actions.
© 2011-2017 GDC Trading Limited. All Rights Reserved. Gambling.com is a registered trademark of GDC Trading Limited.
Terms and Conditions   |   Privacy Policy

facebookDownload_on_the_App_Store_Badge_US-UK_RGB_blk_4SVG_092917twitter