The Best Strategies For Betting on Horse Racing
Horse racing can be a very profitable sport to bet on, and there are many proven betting strategies that you can use. Some of these include value betting, arbitrage betting and matched betting.
It is important to research the races and the odds prices before deciding to place a bet. This will reduce the risk of losing money and allow you to maximise your profit potential.
Dutching System
The Dutching System is one of the best strategies for betting on horse racing. It allows punters to back several horses in a race instead of just one. However, it comes with some risks and requires a certain amount of knowledge to be successful.
It’s also possible to lose money if more than one horse wins, so you need to know the correct stake to place on each selection.
This strategy is also known as a risk-sharing betting system and can be applied to many sports. It can be a great way to reduce your risk while increasing your profits.
The Dutching system is especially useful when you have narrowed down your selections to a few, but are not confident enough to pick an outright winner. You can then extend the dutching to cover more horses, which can increase your profit and give you a greater chance of success.
Lay Betting
Lay Betting is one of the best strategies for betting on horse racing and can be very profitable. However, it’s important to understand how the system works before you start using it.
The key to winning a lay bet is finding the right race to place your bet on. Often this will involve looking for front-runners that have performed well in the pre-race stages and will have odds shortening throughout the race.
You should also look for horses that have struggled in certain types of ground and are now meeting that type again. They’ll be at short odds to win but could flop on that particular surface.
Another key factor to consider is a punter’s liability (see below). The liability will be higher when you strike a lay bet than if you backed a selection to win. This is because you’re taking on the role of a bookmaker.
Backing a Losing Horse
Backing a Losing Horse is one of the best strategies for betting on horse racing. It’s a great way to cover more potential outcomes and reduce your risk while still giving you a chance to win big money.
This strategy works by analyzing the past performance of a horse, its health status, and its matching history. It’s a very situational approach, so it’s important to do your research before you put your bets on.
In this strategy, you’re banking on a losing horse to make a solid comeback in its next race. The theory is that this will push the odds of a win higher in the market and increase its profitability.
This is a counterintuitive tactic that many top bookmakers ignore, but it’s extremely profitable in the long run. It’s simple to use – just do your research. Learn how to handicap a horse based on its past results, how it compares to other horses, track conditions, field size, and distance, among others.
Hedging
Hedging is a technique in horse racing that allows you to spread your wagering money around. This strategy is a great way to minimize your losses and make more profit.
Hedge betting is one of the oldest betting strategies used in horse racing. It involves placing a normal bet on your chosen runner and additional bets on at least two other horses.
A hedging strategy can be very effective, and it’s something that all professional bettors use at some point. However, it’s important to know when it’s the right time to hedge your bets and how to execute this effectively.
The main advantage of hedging is that it reduces the risk of losing all of your bets in case your original bet fails to win. This is especially useful when a bettor has a large amount of money on a specific bet and they are afraid to lose all of it if the runner doesn’t win.
