The value of technology in today’s society can be seen in a variety of different aspects of peoples personal and professional lives. Nowhere is that relationship more prevalent than through online horse bet racing which has today spawned into a booming online market that has millions of punters placing bets on different racing exchanges worldwide.
This boom in horse racing popularity has been one of the most exciting and profitable for certain parties involved, punters who are able to capitalize on the ever expanding only thoroughbred betting markets, most especially through Betfair.com (the web’s number one online betting exchange). Betfair provides a unique opportunity in that you are able to place wagers on just about every single sport played professionally through their simple to use race trading system. But it is not always fun and games if you pull too many losing tickets. In order to not only enjoy yourself, but also turn a profit, you are going to have to employ the use of a proven racing system that can keep you up to date with the latest techniques in winning horse punting.
Below is a list of the 10 most valuable racing techniques to keep an eye on when making your horse betting selection. Note: This racing system is very basic and does not cover everything that goes into profitable horse betting, this is merely a glimpse into what it takes to develop and maintain a profitable horse racing system.
1. Size of the Racing Field
The first thing that any punter should look at, whenever considering a race for betting, is how many horses are actually running in the race. This is important for a number of reasons that can determine the outcome of any race. For one thing, the odds of any horse winning (and therefore your wager winning as well) is directly affected by the number of horses in any given racing field. The more horses listed to compete in a race, the less chance each horse then has individually to win that particular racing heat.
Also, we can determine whether or not there is a legitimate selection to make for either a backing wager (a win bet) or a laying wager (selecting a horse to lose the race), it again comes down to the odds of the race. When placing a backing bet on a horse to win a race out right, the less horses that are running the better as this increases the chances and odds that the horse selected will win. For a laying wager where you select a horse to lose as opposed to win, we want to have as many horses listed to run as possible, the more competitors the better as there is a less of a chance the horse selected will win the race.
2. Horse Racing Form
There is a lot that goes into calculating quality horse racing form (a horses performance over their past history), and using a few simple tools can give you a powerful perspective into the abilities of any horse. Analyzing a horses form for past performances can tell us how well they have done in the past under specific track conditions, or specific racing distances, even the jockeys that have ridden the horses during each race. The more information available about any race and horse in particular the better off your selection is going to be. You want to look for a horse who has done well in the past under race conditions that are similar or identical to the race of the current event you are checking out. The more similar the better, also, stronger horses will have better winning percentages and this is always something to take into account when you are researching your and reviewing your racing systems.
3. Horse / Jockey Relationship
One piece of racing selection criteria that is often overlooked is the relationship between a horse and the jockey set to ride them. There is much to be said about the partnership that can be created when two athletes know one another and train together often, where the jockey is in tune with how the horse is feeling at any given moment and will be able to make the proper split second decisions that can either lead to victory or racing defeat. Because jockeys and horses tend to ride together when they train partnered up or do well with one another, this is something that should be taken into account whenever analyzing a racing field for wagering picks. If we are looking to back the horse then we want to find a relationship where the jockey and horse have done well in the past together, and even further, that they have done well under similar racing conditions to the current event. If we are looking to lay the horse bet, then we want to find a jockey who has never ran with the horse they are set to on the current event, or a jockey that has little experience in the racing world.
4. Race Distance
Just as athletes in today’s world have their own individual specialties, so do racing horses where speed and distance are what determine the outcome of any competition. Certain horses are geared to train for long distance races and will perform well over long races but not so well in the short spring race courses. The opposite is then true for horses who train as sprinters who cannot maintain their speed over the long distance events. So, we need to take special care as to what type of runner any horse may be when analyzing a racing field. To determine if a horse is a sprinter or distance runner we need to simply research their racing history and form, which lists their placements and the distance of any race they have run. For a backing wager we want a horse who has won or done extremely well over a race distance that is identical to the current event. For a lay wager, look for a horse that has either lost in every race at the current distance or who has never ran it before.
With just these 4 simple racing selection criteria examples, anyone can get started towards a profitable horse racing system. If you are unsure of yourself the ideal thing to do is to run a few races under what is called a “paper gamble”, where you don’t actually bet any money, instead you simply go through your racing system and make your selections as you would for any other racing situation, then you wait to see how your bet would have stacked up to the outcome of the actual racing event. When you are comfortable that your strike rate is high enough to keep you above the ground and start building your betting bank, then you are ready to utilize your staking plan and get out there in the betting world.