Connect with us

Games / Video Games

How To Succeed At Betting On The Races

Betting on any sport involves some risk. There’s no getting away from that. However, to be something more than the occasional punter is possible. Consistently winning is possible. Even if you take a loss from time to time, there are plenty of people out there who can make real money on the horses. So, from a beginner to a pro, we’re going to look at how you succeed at betting on the races.

3

Photo Link

Know the terminology

For someone who is new to the sport but wants to start winning money, you have to ingrain yourself in it. You have to know the culture as well as the vocabulary. Knowing the difference between across the board and on the nose is just the start. You have to know why added money is a big deal when it comes to a bet. Look at things like racing glossaries to start getting a better understanding on what to spot in a bet.

4

Photo Link

Spotting good odds

Of course, if you don’t know how good odds work then all the terminology in the world won’t help you. Being a successful better is about being able to read the odds. To take emotion from the equation and act on numbers. You also need to be able to know what the fractions mean for your winnings. As well as whether certain odds truly show whether a horse is capable of winning or not.

5

Photo Link

Get into the history of the horses

It’s also important to know the knowledge that goes behind a bet. If you’re following numbers and numbers alone, you’ll only make incremental profits. When the opportunity could be right there to make big money. You have to know more detail. In particular, you want to know more about the horses. About their racing history, records and accolades. Get to know some of the big names that could keep reliably winning you money, as well as the up-and-comers that are worth taking a chance on.

6

Photo Link

Keeping up to date on the tips

You should always be willing to accept that you don’t have the full story on any race. Betting on the races is about more than the odds and the horses. It’s about being able to spot opportunity. So you should keep an eye on the places where those opportunities can arise. Don’t just follow the sport, follow the tips for horse racing that could really point you in the right direction.

7

Photo Link

Moving on to investing

Once you start to really make money, you might find that you have more to put towards your betting. If you’re okay with the risk and you have enough, then the next level is a syndication. This means actually investing in the ownership of a horse and getting a good deal more of the winnings back in return. Of course, with syndications more than anything, it takes a lot of prep work to choose the right horse.

No bet is a sure thing. It depends on the person as well as the results of the races. But so long as you keep building your knowledge, your chances significantly improve.

 

Continue Reading
Advertisement

Popular How To Guides

Home Maintenance & Repair1 week ago

How To Grow The Best Roses In Your Garden

The best roses to grow in your garden are those that require the least maintenance and can resist destruction from...

Games / Video Games2 weeks ago

How to Make Money from Online Casino Bonuses

Today, virtually every single online casino dishes out welcome packages to new customers in the form of bonus money and...

Home Maintenance & Repair2 weeks ago

How To Build A Raised Pond In Your Garden

Designers of contemporary gardens often try to avoid natural features and create highly organised, geometrical gardens instead. Raised garden ponds...

Games / Video Games4 weeks ago

How To Play Blackjack

Blackjack is a simple card game. Your goal in blackjack is just to achieve a combined score of twenty-one with...

Uncategorized4 weeks ago

How to Boost Your Odds of Winning the Lottery

Have you ever thought about what your life would be like if you won the lottery? Visualize having the necessary...

Games / Video Games4 weeks ago

How to Play Bingo Online

Bingo is a great, low-stress type of game that is a great way to relax. However, it isn’t always easy...

Business1 month ago

How To Become An Administrative Manager Of A Professional Sports Team

The role of a team manager for a professional sports team is very diverse, and the skill of spinning many...

Finance2 months ago

How To Join The World of Bitcoin

For many of us, the whole idea of bitcoin is still a mysterious concept but we’re beginning to notice more and...

Trending