7 Useful Tips for Beginner Online Horse Race Bettors
Betting online is not only convenient and exciting, it is also accompanied by many different perks. It doesn’t matter if you’ve been in the game for years or if you are planning to place your first bet, there are always some useful tips that will give you a firm advantage when entering the exciting world of horse race betting.
So, without further adieu, here are 7 helpful tips that every horse race bettor should keep in mind.
1. Handpick Your Races
It doesn’t matter how successful you are at predicting races, you must be selective when choosing the races to bet. It is common sense that you will not be as successful if you bet every possible race. Look for races with smaller top tiers and skip races if there are one or more horses in the grey tier.
2. Money Makes Money
When you handpick your races to conserve your bankroll, you will automatically create the opportunity to commit enough money to make a proper bet when you find a race you like. Often bettors eliminate one or two horses from a combination to save a few bucks and then lose hundreds or thousands in lost winnings. Choose a race you like and be prepared to invest money in order to win money.
You want to bet on a horse with the highest ability. Past performances indicate the horse’s basic ability while workouts indicate the horse’s current form. If two horses have the same past ability, choose the horse with the best current ability, it will undoubtedly better your chance of winning.
4. Track Conditions
Many bettors never take track conditions into consideration and this is a huge mistake. Some horses prefer dry track while other prefer wet track. A simple way to determine if a horse likes an off track is to check his wet record. You can never go wrong with this useful information.
There are generally two types of medication given to racehorses and every horse reacts differently when racing on either of the two. By looking at a horse’s previous performances, you will be able to tell if they run better with or without a specific type of medication.
Many horseracing bettors often bet on one particular jockey and although it might be true that the jockey has a significant influence over the outcome, it still boils down to the horse’s natural ability. Yes, different jockeys have different winning percentages and it is possible that a jockey can ruin a horse’s chance of winning by giving the horse a bad ride but it is better to look at the horse’s past performance matrix to see which jockeys typically rode a specific horse well.
7. Class Dropdowns
Another thing that you can look out for is horses that are dropping in class. If a horse significantly drops down in class from their last race, it is usually a threat. This might seem obvious but many bettors don’t take this important factor into consideration.
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