Horse betting has become very popular in recent years, but it is one of the more difficult sports to bet on; not because it’s difficult to place a bet – it’s easy to bet on horses — but because it’s challenging to master betting correctly, more often than not.
If you are new to horse betting, you probably feel overwhelmed. There’s a lot of terminology to learn, many rules, and, most importantly, money on the line. This article will look at tips you can use as a beginner to horse betting to improve your odds.
Understand It Takes Time
The first tip to improve on horse betting is to understand that making money with horse betting takes time. Most beginners think they will make thousands after the first few bets, but this isn’t the case.
You could, of course, use a bet builder to create personalized bets for many different races at the click of a button, which will save a lot of time. But that also means you should research before placing those bets. Remember, your profits from horse betting will only be seen in the long run since the small wins need to accumulate.
Research as Much as You Can
The next tip is to research as much as possible before placing a bet. A big mistake many new horse bettors make is jumping into betting without research and subsequently losing the bets.
There is a lot to research before placing a bet; the condition of the horse, its track record, when it last rested, the type of race, the surface the horse will be running on, the jockey of the horse, the trainer of the horse, and more. The more factors you know about, the easier to choose a winning horse.
Take Advantage of Bonuses
Another tip for improving is to take advantage of bonuses as they come along. If you have yet to register with a site, you can use that welcome bonus to your advantage to test out how well you have researched or to try different strategies.
The same can be said for bonuses that are placed on certain races. Even if you have no real interest in betting on that specific race, you can take advantage of the low betting costs to test your strategies. If you win, all the better.
Learn the Terminology
A vital thing to do to improve when betting on horses is to learn the terminology used. It will be challenging to place winning bets if you don’t understand the terminology. For example, there are the names of different bets, different races, words that describe when weak horses are put into different classes, or horses that might have poorly run in one race but run well in another.
Learn How to Read a Horse
Of all the tips on this list, one of the most important is to learn how to read a horse. All the research in the world won’t prepare you for being able to read a horse on the day of the race. Sometimes, what you think might be winning, could be sick or suffering from severe anxiety.
Without reading a horse, you wouldn’t be able to tell that, and you might proceed to bet on the horse anyway. For example, a nervous horse refuses to stand still, grinds its teeth, yawns frequently, or refuses to drink, sleep, or eat.
Place Different Bets
Finally, the last tip for new horse bettors wanting to improve is to place different bets. If you are new to horse betting, you are probably aware of the most common type of bet; the winning bet. However, there are quite a few different bets.
For example, there is the place bet, where you bet on whether your horse will be in the top two. Then, there is the show bet, where you bet if your horse will be in the top three. While you won’t make as much as the winning bet, you will still walk away with a win.