One of the most popular sports that punters go to when it comes to online sports betting is horse racing. Although it is technically quite easy for anyone to place the bets, the sheer number of technical jargon being thrown around may make it quite cumbersome for new bettors.
This article will serve as your basic guide to horse race betting so do read further to find out some important information before you get started.
Create Multiple Accounts
This tactic may seem cheating by some, but it actually isn’t. When you sign up for an account, you are eligible to receive sign-up bonuses that you can use to increase your winnings.
You will not be charged anything when you sign-up for an account. The only time where you are required to put money is when you start placing bets.
Ideally, you’d want to create more than 5 accounts, but 3 or 4 is a good place to start.
Learn About the Tracks
One of the most important skills that you need to have when it comes to horse race betting is the ability to have a keen eye on the race track.
The race track is very important since it can influence how horses can run on the field. Study about the different aspects of it, such as the terrain, the weather condition and how it could affect the said terrain and other aspects that are associated with the race track itself.
Look at the Horses
Another important thing that you must do would be to look at the horses that are going to participate in the race. Since you are betting online, you do not have the luxury of actually going to the stable and see the horse for yourself. This makes it a bit challenging, but it is a skill that you can refine as you get better and better.
Look at the physical aspects of the horse. The stronger the leg muscles seem to be, the better the horse’s chance of winning is.
Don’t Always Go for the Favorite
Most of the time, bookmakers will try to entice you to bet on the favorite horse since you are most likely going to win. Well, there is some truth to that. Analysts will be the ones to say which horses would possibly win the race based on certain statistics, physical features, and past races.
But, despite the fact that this information is presented to you on a silver platter, it would still be best to not go for the favorite.
That is because a lot of people might also go for the favorite and because of the sheer number of punters placing bets on the same horse, your winnings might not be as high as you’d like it to be.
Again, it is best that you look at the horses yourself so that you will have an idea on which horse is better than the so-called favorite.
Watch Technical Analyses
Every time a horse race finishes, analysts would provide key information that may be helpful in future races. Be sure to watch some sports news shortly after the event so that you can learn a thing or two about the said race.