So, how do you pick a winning horse? Well, there have been hundreds of books written on choosing the right colt or filly to put your money on, but finding winners on horse racing is still not easy. However, here’s our brief guide about how to do it.
Stop betting on the favorite only
When starting out, one of the best things you can do in the world of horse racing is to bet all of your money on your favorite horse. But this isn’t the best approach in this sport because horse racing is very unpredictable.
In fact, most favorite horses win in only 30% of races. So, if you’ve gone to a racetrack and bet all your precious money on the favorites over the day’s course, there’s a great chance you’ll end up losing a lot of money.
Don’t go in without some research
Do some research into the race when you’re starting out. You’ll need to find out which horse is the favorite to win, how well the horses have done in the past, and which horses will be competing.
There’s one way this can be done: dissect the form guide. Currently, only a handful of people who place bets on horse racing take notice of the form guide. However, research is an integral component of a successful bet.
Racing forms (or form guides) are paper brochures containing plenty of information. For instance, the form guide will indicate how well a horse has been performing. Plus, you can also learn things about the jockey, horse’s track records, as well as other important information about the race.
If you’ll be attending a race soon, do some online research. Many websites provide a number of horse racing tips the next day. When placing a bet, you’ll be able to make a more informed decision.
Understand the terminology of horse racing
Understanding horse racing terminology is one of the most important pieces of advice we can give you before betting on horse racing. There’s a lot to learn when it comes to the terminology of horse racing – but the more you know, the more likely you’ll be able to place fruitful bets.
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