Horse Racing Betting Tips – All you need to know
Sports betting and horse racing have gone hand in hand for what seems like forever, as have betting tips on horse racing. From its very origins of betting on horses in the UK in the 1600s to the multi-billion dollar industry it is now, horse racing is arguably the easiest sport in the world to gamble on.
The sport has worldwide popularity, with major race meets taking place in all four corners of the globe. Highlights include the UK’s Grand National, the USA’s Kentucky Derby, Australia’s Melbourne Cup and the UAE’s Dubai World Cup race. These events draw millions of spectators in person and at home who are there to watch entrants from around the world participate in what has become a major betting market.
But that’s only the half of it. With regional meetings taking place almost every day in one part of the world or another, there is almost always a horse racing market to bet on, and with the right betting tips on horse racing that can mean a potential win if done well, especially once you’ve also found the right bookie and betting system for you.
A brief guide to Horse Racing Betting
With any betting, there is no guarantee of winning. However, with our sports betting picks for horse racing you can spot opportunities and get greater enjoyment out of your wagering.
Apply a strategy
You wouldn’t invest without putting some thought into a strategy, so why wouldn’t you do the same for betting? Tracking everything is arguably the easiest way to start, making a note of all your bets, your wins and losses and how much you’ve spent and how much you’ve got back in winnings. Couple this with an idea of how much you can afford to put into the market and a goal for how much you want out and you’re well on your way to having a solid betting strategy.
Research, research, research
Bettors having a wager on the horses can often end up going with a horse simply because they have a hunch it’s going to be a winner, and every so often that might work for you. But for most people, research is going to be your best friend. Whether that’s searching for what is the best bet in horse racing or using one of our past guides, any research is better than none. Consider a horse’s form, the conditions it’s racing in, age and weight before placing your bets.
Why trust our horse racing betting tips?
It’s an understandable question, that should be at the forefront of any bettor’s mind when looking at the best sports betting tips for horse racing, why should you trust us? Well our writers are specialists in sports betting who do thorough research to compile our guides, to ensure you have the most accurate, up-to-date information whenever you need it.
We also have past form for our guides, covering everything from the best horse racing bookies to the best horse racing strategies, even down to the best apps for horse racing bets.
When it comes to writing our guides we pay great attention to detail in everything we do, whether that is researching markets, reviewing different bookmakers or crafting our betting tips guides. That means that if you’re an experienced gambler looking to gain an advantage or a newcomer trying to navigate a complex field, there’s always something of value in our content for all players.
When we look at the market to research our betting tips on horse racing, there’s a number of different things we’ll look at before making a recommendation. It’s worth remembering as well that by taking only one of these aspects into consideration, you won’t get as good a read on the market as if you considered them all together in context. Have a read of what we use to analyze a market so you will know that our betting tips on horse racing are coming from a good place.
A horse’s form is where all your research should begin. A form guide can give you so much insight into whether or not the horse your backing is a future great or soon to become an also ran. By studying the form you may spot a trend others have missed, whether it’s the odds on favorite has embarked on a poor run or if you can see an outside bet on a younger horse that’s suddenly started to place and challenge, there’s value out there when you study form.
Check the conditions
In the same way some teams fare better at home than away, horses typically have a preferred condition for their races. Whilst some might excel when others would struggle on a soft or wet ground, others may absolutely fly on firmer ground. It goes beyond just the feel though, consider whether the race is going to be run on turf or on dirt and how that affects the horse.
It’s not all about the horse
It’s very easy to look at just the horse in racing; however, it’s worth remembering how key the jockey is to success too. Some jockeys have an affinity with certain races that may sway your opinion on the horse, and if a strong horse ends up with a poorer jockey then that horse may not be worth the value it appears to have.
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Things to consider before placing a horse racing bet
You’ve got your betting tips on horse racing, you’ve signed up with one of the top horse racing betting sites and you’ve found a race that is at a good time for you. Now, it’s understandable that you want to rush in and get your bets placed. But this is actually the best time to stop and think.
Compare your odds
Look at the odds available and shop around the bookies. If you’ve got the best betting tips on horse racing possible, it makes sense to look at where you can get the absolute best value possible.
Is there a bonus on offer?
It should be more than just the odds though. Consider any bonuses or VIP schemes they offer which may add up to better value than just good odds. Many may even offer bonuses such as receiving free bets if the horse you back doesn’t win but does place.
Time it carefully
Check your timings too, horse racing odds can massively fluctuate before the actual race depending on how many bets are placed on a certain horse, or if there’s any reluctance shown in the paddock or sometimes simply down to how the market is flowing that day.
Consider the type of bet too, if you’re choosing to take a risk on a promising outsider, will it be worth taking a hit with slightly worse odds by backing the horse to place over win?
Our Top 5 tips for finding your favorite bookie for horse racing
We normally provide a recommendation with our tips, but for other bets you may want to make on horse racing, there are a few other things to keep in mind.
A bookie’s website and whether they offer a mobile app can make all the difference. That usability can make a difference, no one wants to feel like they’re having to work hard to place their bets.
Strong bonuses or VIP loyalty schemes could make up for a bookie that offers slightly lower odds if it amounts to a better betting experience.
With a worldwide sport like horse racing you don’t want to be limited to where you can place your bets. There’s markets around the globe at all times so a bookie’s ability to cover them all is crucial.
Payment methods vary between bookies so before deciding on any bookmaker you should make sure to check what they accept.
Whilst there may be plenty of worldwide markets for racing, few of them will be televised which may make it harder to enjoy or knowledgeably place your bets. And unlike betting within a shop where there’s likely to be screens showing the racing, online bookies may not offer that luxury so it’s worth checking who offers it in order to get the most out of your betting experience.
Useful horse racing betting tip vocabulary
Knowledge is power, and you’ll be in a much stronger position if you have an understanding of the common horse betting terms. Here’s our ‘to know’ list:
- Ante-post: Futures on dog and horse races that are posted a day or more before the race gets underway. These odds are common on Triple Crown events.
- Each-way: A common sight in horse racing, betting each way splits a single stake into two bets for a horse to finish either first or second. Should the horse win both bets will pay out however if it places only the second bet would pay. The return on a win is always higher than the return on a place.
- Favorite: The horse that appears the most likely to win the race. This could be due to form, age, reputation or strong market support. Will have the shortest odds in the field.
- Odds shopping: Comparing the odds offered at a variety of bookmakers in order to find the best odds available to you.
- Sportsbook: A shop, or space within casinos, sportsbooks have become popular for bettors and sports fans alike. Sportsbooks accept bets on domestic markets, plus action from around the world, and typically show events using numerous big screens for bettors to watch their bets play out.
- Teaser odds: An odds line moved longer or shorter by the bookie in order to attract bettors. Bettors can tease the odds themselves on a single game by using alternate bets. They can also place a parlay bet from a teaser card issued by the bookie.
- Tip: Betting advice offered by tipsters that suggest who the winner will be or the likely outcome of a sporting event. Tips should never be trusted implicitly without some research done yourself on the event or on the tipster themselves.
Conclusion to our betting tips on horse racing
We hope that after reading this article you are now armed with a foundation of knowledge to take forward with you when you place your horse racing bets. While no one can guarantee the outcome of any event, by using our betting tips on horse racing and our guides to finding the right bookies, you should be able to get the most out of the best betting tips on horse racing today.
Should you want a bit more information before you go out into the world of sports betting, we recommend taking a look at our guides on the best strategies, the best apps and the best overall bookies.
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Betting tips on horse racing FAQ
💲 How should I use free tips?
Free betting tips on horse racing are only the start of boosting your chances of winning as you bet. A free tip is far from a golden ticket to success. From getting the tip, you now need to be careful and start researching if you want to be successful. Our guides are the best place to start.
🐎 Where covers the worldwide horse racing?
Many bookmakers will cover the world’s biggest races such as the Kentucky Derby, but for the wider markets you may be more limited. However, in order to find more specialized markets it may need some research. You can use our reviews to find the best sportsbook for you.
❌ Are there any guaranteed tips?
You can increase your chances of a win by doing your own research both on the betting tips on horse racing itself as well as the tipster. You should be checking how trustworthy the tipster is and also follow most of the advice set out in this guide.
🏇 How can I find the best horse racing sportsbook?
Once you’ve done all your research on a horse’s form, the ground conditions, the jockey and the race itself, now you need to find the correct bookie in order to use your betting tips on horse racing. You can follow one of our guides in order to find the one for you.
