How to profit from online betting on horse racing Horse racing is quite possibly one of the oldest forms of betting that’s available. It has long been a form of betting that the upper class enjoyed, with large scale race days taking place at prestigious and often exclusive racecourses. However, over time as bookmakers became more prominent all classes of people had the opportunity to place a wager on a race. In recent years with the advent of online bookmakers things have moved even further forwards. Anyone, anywhere has the opportunity to place bets on lots of different races from all across the world. With more opportunity to place bets, it means that players have more chances to try and create a profit than ever before. So, before we start looking at how to make a profit from betting on horse racing, we’re going to take a quick look at one of the newest innovations for horse racing that has taken the betting world by storm. Virtual Horse Racing One of the latest updates to the betting world has been the advent of virtual horse racing. This is a computer simulation of a horse meeting. Punters are given the opportunity to place a bet on the outcome of the simulated race. The race itself takes place with incredible 3D graphics that almost perfectly replicate a real horse race. The simulations tend to offer a good range of betting options, but not quite as many as real horse racing does. They use full RNG systems to operate which means that players are given a completely fair chance to win. While this might not offer the same level of excitement, or the ability to study form like real horse racing, it does offer an enjoyable alternative, especially if there is no real horse racing available to enjoy. How to increase your chances of winning Winning when betting on horse racing comes down to one thing. Making a profit in the long term. So you might make a loss on one specific day, but as long as you make a profit over the week everything is good for you. The way to increase your chances of making a profit when betting on the horses is down to one major tip. Only bet when you are sure that it’s the right horse and you’ve got the right price. If you think that you have chosen the right horse for a specific race, but the odds just don’t offer a good rate of return, then it’s too much of a risk for you. You have to remember, all bets carry a risk. So is it worth placing a bet on a horse that will have a very low return? Is the return worth your risk? These are questions that you have to ask when placing a bet. So, we’re going to uncover the best ways to try and find value with your horse racing bets. Finding Value One of the best ways to find value is to use a betting exchange. Here you will be able to get better odds than at regular bookmakers because you will be betting against other punters. This will allow you to increase your return when placing a wager on a winner. However, what betting exchanges offer is the ability to lay a bet on a horse to lose. If you’ve found a particularly weak horse and it’s coming up against strong opposition, you may be able to get good value on a betting exchange when it comes to choosing losers. Carrying out Research Research is one of the most important aspects to becoming successful at betting on horse racing. In fact, all kinds of sports betting require research in order to be a success. There are a number of different areas that you will have to focus on in order to choose your betting choices with horse racing. The first is related to jockey and trainer combinations. If you find a race where a trainer has a number of horses included in the race, look for which horse is chosen for the best jockey to ride. A trainer will often choose their best horse to be offered to the best jockey. So, if there are several runners from a particular stable, whichever horse has the highest profile jockey is most likely to be the stable's most fancied horse. This will give you an idea of which horse is likely to put in a strong performance. It’s also important to look into the condition of the ground. Knowing how the going is on the ground will let you know another insight into how the horses will perform. Some horses perform better on soft ground, some perform better on hard ground and some even do better on sticky ground. That’s why it is important to look into this information to see if the horse you want to wager on has an advantage. Checking out the horse's previous performances on similar ground conditions is very important. Once you have put all of this information together you will be able to find the right bet for each race. Then it’s just a case of seeing if the value that’s offered is worth your while.
