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Home » Betting Education » Build and Develop Your Own Strategy with Professional Horse Racing Tips

Build and Develop Your Own Strategy with Professional Horse Racing Tips

There’s nothing like that rush of excitement when the horses’ hooves are pounding around the track, the dirt is flying, and they’re neck and neck. It gets the blood pumping and makes the heart race, whether the action is live or on television. The stakes are even higher when there is money on the line. If you love to get caught up in the thrill of horse racing action and want to spice things up even more by placing your bets, take the following tips to build and develop a strategy that will let you share in the victory.

Start By Paying Attention to the Favourites

Before you start putting your wager down, look for more than a catchy name or a gut feeling when you’re choosing your horses. Take note of the favourites, the horses that have everyone buzzing. Do your research and look at the competition that is lined up for each race. You’ll find that there will be horses that rank as the first, second, and third favourite, and so on. It only makes common sense to go with the top two because you will be counting on consistency. These are the horses that produce good results race after race. While it’s true that surprises happen, you’re more likely to lose if you go with a longshot. Don’t lay a pile of money on a horse that simply sounds good. Get your background information first.

Don’t Be Afraid to Start Small

There’s nothing that says you have to break the bank when you take a chance on betting. Start small and build your strategy. Let your success begin to grow. Many small victories will eventually add up to a respectable amount. However, if you aim too high and your horse doesn’t place well, you’ll find yourself out of luck. You’ll find it much easier to take a loss when you’re only giving up a little bit at a time.

Look at the Odds

The higher the odds, the more you will bring in on any bet that you place. As you are eying the favourites, inspect their odds as well. From time to time, go with the horse with the highest odds, even if it isn’t a top pick. Place a small bet to reduce your risk. If your horse doesn’t place, you’re only losing out on a small amount of money. However, if your steed crosses the finish line first and gets all the glory, those odds will be making you laugh all the way to the bank.

Learn Everything There is to Know

The savvy, veteran punter is in the know about everything when it comes to the horses that are lining up at the track. That means researching blood lines, the trainer’s background, the owner, the conditions of the track of the day, and the predicted weather forecast. Every aspect of horse racing falls into place like a puzzle. If you are a seasoned punter, you’ll know how to put those pieces together. An informed punter is a successful punter.

You Can Make Different Types of Wagers

As you create a strategy for each race, you can bet on horses to win, place, and show in order to increase your chances of coming home with more money in your pocket. Vary your bets and you’ll have a more satisfying experience. When you hear the old expression, “You win some, you lose some,” you’ll be much happier when you are on a winning streak. Know what you’re doing and you’ll discover horse racing is not just about chance.

Opt for More Than One Track

Just like you would never put all your eggs in one basket, don’t confine your betting to one track. The successful punter is going to check out the action at as many tracks as possible. Whether it’s Brisbane, Sydney, or Melbourne, take your chances at several tracks in order to see the most gains. Over time, you may develop a preferred track based on your success. Take the time to discover what each track has to offer. You may discover that the conditions and weather make one location stand out over the rest.