By Albe Carbo
Horse race betting is a tricky prospect. A bettor is required to eyeball a bunch of horses, see what they can see, then put down money on which horse will win. It’s a tall order, especially given how blind the decision is. Right? Absolutely wrong. While it is true that the majority of horse racing bets fail, the reason isn’t because of lack of information.
Horse racing, by far, is based almost entirely around making bets. Unlike football and other popular sports the main reason that anyone watches is in order to gamble on the outcome. As such horse racing organisers put immense efforts into giving bettors as much information as possible. From the trainer of each horse, to the record of the jockey, to even how well each horse has done on a particular track. It is all freely available, making predictions far more informed than most assume.
Let’s take a closer look.
What’s In A Name?
It has been shown time and time again that the main way bettors choose a winning horse is by the animal’s name. Anyone will tell you that there is no sillier method of making a prediction, with the name having literally nothing to do with how the animal will perform. Taking this into account it is little wonder that most bets fail.
A far better way to choose a winning https://australiansportsbetting.net/horse/ is based on how well a particular animal has been performing in recent months. Better yet; how about looking at how well a horse has done on a particular track in the past? All this information is freely available in the horse racing program. With just a quick glance at the program a bettor will make a dramatically better prediction, so much so that the program is considered absolutely essential.
Choosing A Smarter Bet
It is fascinating that most casual bettors don’t even realise how many betting options are available. Many assume that the idea is simply to choose a winning horse, then hope for the best. This couldn’t be further from the truth. An array of options make the prospect of winning cash far easier, even if the payout isn’t going to break the bank.
As with all sports betting horse racing is a matter of risk versus reward. Choosing a horse to outright win will give the biggest payout, but is the riskier option by far. On the other hand, choosing a horse to Place or Show is an easier bet, but grants far lower payout potential.
Betting on a horse to Place means that a payout is granted if the animal comes in first or second. Betting on a horse to show grants a payout for first, second or third place. Taking either of these options dramatically increases the chances of getting some cash out of a wager.
The bottom line is that horse racing betting is a tricky prospect, but much less so when bettors realise how much information is freely available.