Horse betting is the most popular form of gambling which can be done in the United States as long as you are over the age of twenty-one. The betting process is symbolized as a figure with capital letters , which stand for bets, the horse number and the color of the horse. In horse racing, the jockey necessary to control the horse during the race according to the type of race you have chosen. also enters the race. There are different types of races such as timeframe limited, timeframe unlimited, there are those three speed races and others which are specified.
While betting, it is best to get advice regarding the race you are interested in. You can search the Internet for different horse betting forums. Here too there are members with experience and expertise in the said betting. Each forum contains different threads or groups, which act as a guide for newbies, members and visitors. There are also outsiders who provide advice regarding sports betting.
Here are three golden rules to make you an expert horse racing gambler:-
- Money management – be consistent with the budget you set for sports betting. Do not bet more than you can afford to lose.
- Do your research – you need to know the horses well in order to assess and weigh the competing horses. Sites such as Google are good resources for finding relevant information regarding a specific horse.
- trusting your intuition – most of the gamblers who are consistent losers rely on their gut feeling. If followed, you will be a consistent winner.
Who ever you trust, if you are betting on horse racing consider these guidelines to increase your success and reduce the chance of losing money.
- Try to research and find out as much information as possible about a specific horse, from all angles. Be sure to find out references about the horse’s previous races – its crew, owners, jockeys, and trotters.
- Do not bet or gamble at the first race of the season – performances vary greatly!
- If a horse has run poorly during the season, it is not out of the question to bet on it again. On the other hand, a horse that has performed well in the season may not have a chance in the new season.
- It is not advisable to bet on more than 3 horses at a time.
- Betting on season horses may result in a loss. If you want to make a profit, bet on low odds seasonals or the first 3 races of the season.
- Do not, I repeat do not bet on the first race of the season. This is because the jockeys and the horses will have different strategies on how to start the race.
- Do not be intimidated by the atmosphere at the racecourse. The atmosphere created by the ranging clock and booming crowds are simply secondary factors. Focus on the horse that the racing papers have recommended.
- Do not be fooled by the prices. Be sure to choose a horse that is capable of winning and not a price chasing punter
- Do not be a donkey and bet on second chance races. Even if a horse is a favourite and has a good chance of winning, it may have missed the best time to run.
- Do not be scared of betting on handicap races. Even the fancied horse can win the race.
- Do not be put off by the distance of a race as the horse that won the last race run a lot further than the one that just won.
- The first time a horse wins a race, almost 90% of the time it is a handicap horse.
- The longer a race is, the more horses tend to be selected.
- The final selection will often be a handicap horse
- If you still do not have a horses name after the first 4 races, it most likely won’t be an official name.
- Do not work out horses past form. It has to be remembered that a horseousel is always in order.
- Be sure to wear sunglasses at the racetrack as they are banned by some tracks.
- The betting boxes around the racetrack are for your own benefit. Strategically placed betting boxes can act as hedge against the horses that the crowd does not want to pick.
- If you wish to enjoy the company of the beautiful Dame Fortune, while at the same time competing in the same race as the horses she takes her pick from, gamble at a reputable shuffling yard.
It is a well known fact that the Irish are not known for their hospitality, but horse race betting is one of the few activities they appreciate.