Some of us hoping to win a little bit of cash. If that applies to you, you won’t get very far without a decent or best horse racing betting strategy. Luckily, people have devised a bunch of ways to tip the odds in their favour over the years. Let’s take a look at some basic horse racing strategies.

Top 1 Crypto bookmaker

Top 1 Crypto bookmaker

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Best Horse Racing Betting Strategy

Horse Racing is closely connected to the practice of sports betting. Events such as the Grand National have been known to make even people who’ve never bet a dime in their lives put up a few pounds. There’s just something incredibly exciting about betting on horse races. Its very important to choose right bookmaker, so we made for you best horse racing bookies rating.

FAQ
🐎 What is Cheltenham Festival?

The Cheltenham Festival is an annual event in horse racing held at Cheltenham Racecourse in England, attracting top horses, jockeys, and spectators from around the world. It features several prestigious races, including the Cheltenham Gold Cup, and is renowned for its atmosphere, excitement, and high-quality competition.

🐎 How long is Cheltenham Festival?

Cheltenham Festival have 28 races across four days with £4.5 million prize money.

🐎 Has Cheltenham ever been cancelled?

In the 2001 Cheltenham Festival was cancelled due to foot and mouth disease was confirmed in a horse village. This year Cheltenham organizers confirmed that races will be, but behind closed doors and without spectators.

🐎 How much prize money Cheltenham Gold Cup winners get?

The Gold Cup is the most valuable non-handicap chase in Britain, and offered a total prize fund of £625,000.

🐎 How much are Cheltenham Festival tickets?

Ticket prices start from £37 and up to £1,359. Tickets can be purchased on the day at each entrance except for Gold Cup Day.

🐎 When is Cheltenham Festival 2024

Cheltenham Festival will take place from 12 to 15 March.

practice proper horse racing staking

 Practice Proper Horse Racing Staking

This might sound a bit obvious, but knowing how to stake your money is the first stem to success with betting. First of all, manage your bankroll – set a budget before you ever place a bet, and be prepared to lose it.

best horse racing betting strategy advice staking

Second of all, don’t blow most of your budget on one race, no matter how sure you are of your choice. Properly spreading your bets is important for all kinds of sports betting. A lot of expert punters stick to around 5% of their bankroll per bet, but you can adjust this to fit your own needs.

protect your bets

 Protect your bets

This is largely connected to our previous horse racing strategy tip. What this means is that you should not only spread stakes to several different races but also several different horses within a single race.

Here’s an example: you want to bet €50 on a race. You decide to back a strong favourite with, say, 2/1 (3.0) odds. This seems like a fairly safe bet, but you still have a 66% chance of failing. So you spread the stake over, say, three different horses. For example, use €36 on your primary option, and then two €7 bets on odds of around 6/1 (7.00). If any of those two wins, you’ll at least get your money back. The potential profits are smaller for that one race, but time has shown that this horse betting strategy can improve your profits in the long run. Which brings us to our next piece of horse racing betting advice.

horse racing strategies underdog betting theory

bet safe, bet smart

 Bet Safe, Bet Smart

We all like a good story of the underdog betting winning, but let’s be realistic: in the real world, the favourites usually win. Statistics clearly show this, betting theory confirms it: relatively safe bets with short odds are the best approach for long-term profits.

It might sound a bit boring to always back the favourite, but it’s the simplest way of making reliable profits with horse betting. Pay attention to the market, the given odds, and occasionally do your research. After that, simply “follow the money”.

Frankly, the “big score” is just a myth among punters. If you want to win, small victories over many bets are the most tried-and-true way of getting there.

do the research

 Do The Research

Again, it might be obvious, but you would be surprised to know just how few people make informed betting decisions.

Know which horses are constantly in the first three places. After you pick them, pay attention to their record in terms of how they perform in different track lengths, different terrains, and different events. Also, remember to check the statistics for both the jockey and the trainer for those horses.

An informed punter is a winning punter. Sometimes it’s not easy to figure out just how these different statistics and bits of information should affect your decisions. Still, keep practising, and you’ll be punting with the best of them in no time.

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