Betting on horse racing has never been easier. With meetings taking place across the United Kingdom and Ireland on a daily basis, punters can follow the biggest and best racing events throughout the year. And whether you’re a racing novice or a gee-gees aficionado, horse racing betting tips are always welcome.
There are more than a few strategies that punters often use when placing a bet on a horse racing event. These range from simply selecting a runner based on its name to reading the racecourse form – the list is endless. Here, we look at a few of the most popular betting strategies and why these systems may or may not work.
Big Field: Go Down the Name/Number/Colour Route!
This strategy is perfect for a race like the Grand National. More often than not, the favourite will fail to win the famous Aintree race – with 39 other runners and riders competing, horses often have their own plans shattered by an incident out of their control. Tiger Roll in 2018 having been the most recent exception, of course.
Taking all of those factors into account, simply selecting a horse based on your preferences is the way to go. If a horse has the same name as a close family member, pick that one. This method probably isn’t going to make you money in the long term, but it’s viable for a fun wager.
Major Meetings: the Form Is Essential
Whether you are looking at course form, distance form or that perfect C&D by your pick’s name, some kind of form is vital. Take the Cheltenham Festival 2019 for example; you’d be hard-pressed to back Al Boum Photo to get the better of Presenting Percy. The former, a 12/1 shot with Paddy Power at the time of writing, is well fancied, but Presenting Percy is a two-time Festival winner. Looking for “head-to-head” results is also important – make a note if a particular horse has beaten any of his rivals ahead of race day.
Going, Going, Ground
Terminology differs in the United Kingdom and Ireland but tracking weather and ground conditions are an absolute must – no matter where the race is being held. Some horses will prefer ground with a bit of cut in it while others will relish boggy conditions.
Happy New Year!
Clerk of the course, Simon Claisse updates us ahead of today’s racing.
📍Going: GOOD TO SOFT, GOOD IN PLACES
— CheltenhamRacecourse (@CheltenhamRaces) January 1, 2019
Take the time to research horses who enjoy a specific going. Spring ground tends to be closer to good, good to soft in places, but most clerks will update punters on the morning of a race day. If you are unsure, keep an eye out for jockey and trainer comments in the build-up.
Each-Way or Win: Depends on the Odds
This may seem obvious to most, but some punters may bail on placing a horse to win due to each way markets. This can prove beneficial, especially for longer odds, but placing an each-way bet on an odds-on chance is almost pointless.
If the each-way odds are 1/4 for the top three, your horse will need to finish in the top three and be priced at 4/1 or higher for you to break even – providing the horse doesn’t win. If you fancy a horse at longer odds, each-way betting markets come into play.
So, whether you keep up your superstitious choices in the large fields or get down to the specifics of forms and ground conditions, these top tips should help you feel your way around the odds at the next meeting.