All of this information can be found out on the racing post website and once you get the hang of it you should be able to do a whole day's racing in under an hour. If from this little form they have found themselves favourite it is down to being over hyped by their slim races so far, of which they still have not won. Because of this uncertainty regarding form they are given a losing quality.
Horses are not that same as Usain Bolt bringing in gold in any and every distance he runs in. Horses are bred to run for particular distances. A step up in distance from 1 mile to 2 miles is a very big step for a racecourse. Likewise a step in the opposite direction will also bring about unknown results. You will need to consider what distances the horse has been running through recently, or what distance it has been winning on then compare that with the day's race and using a judgement call decide whether or not to assign a losing quality to that horse.
The condition of the ground can make a huge difference to a horses chances. Some horses tend to only run well on good or firm ground, whereas others will run like lightning when it is soft or heavy. This is normally down to where the horse was bred and the horse's particular running action. Regardless, you should check whether the horse is proven on the current going or if he is likely to suffer and then assign a quality accordingly. This is the pretty much the same as the two above; how does the horse run on the day's surface?
Assign accordingly. If you see "Hurdle or Chase" in the description for the race you should check to see if the horse has much previous experience in these events. You are particularly looking for horses that are progressing from flat races to hurdles or upgrading from hurdles to larger chase fences. Obstacles in a horses way can turn the whole playing field upside down, really fast horses can become disoriented and not amount to anything. Therefore give any runners with no previous jumping experience a losing quality.
The number of days since a horse's last run is normally indicated by a small number next to the horses name on the race card. What we are looking for are horses that have been away from the racing scene long enough that their previous form becomes negligible. Therefore give any horse that has been out of action for any longer than 60 days a losing quality.
This one will not be one you find coming up all of the time, but is definitely one you should consider. If the favourite is carrying significantly more weight than some of its counterparts then it should be counted as a losing quality. This is probably the easiest, if the horse is running in a field of 15 or more horses give it a losing quality. Not only does a large field mean more competitors but it means an increased probability of not getting a clear run in a flat race and that the horse could get brought down or hampered in a jumps race.
More competitors brings about more unknown variables. Is the horse running in a race that is a significant step up in class? Take a look at the horses last few run outs. If the horse was performing terrifically in a class C series of races it is not likely to mimic the same results in a class A race.
To pass as a losing quality the horse should be running in a race that is at least 2 grades higher. This is relatively easy to find out, if the horse has no form figures next to its name it is usually a new racer, confirm this on the racing post website and assign 2 loser qualities.
However with these selections you will need to make sure that there is other horses in the race that have the potential to win. A new racer on the card against poor form horses may well be the deserved favourite, but a new racer going up against some horses coming back into form will be a good lay.
Now you have identified the horses for the day that have at least 2 loser qualities against their names. Now we need to satisfy the last part of this laying formula, we need to find potential victors. If we are going to put money on a horse losing a race we need to be fairly certain that there is at least one horse in the race that can beat it. Plain common sense tells us that. Start with the horse with the lowest odds excluding our potential lay. The decimal numbers specify how many times the stake the payout will actually be.
For example 3. Decimal odds are a lot easier to weigh odds against each other in comparison to fractional odds and therefore the most popular way of quoting odds. Decimal odds are mostly used by trading exchanges. Lastly the Moneyline odds are famous for being used in sporting event such as football in the US.
These odds are also commonly referred to as the American odds. These odds are distinct from the previous two as they are either positively or negatively signed and the numerical values of these are always greater than or equal to Indonesian and Malaysian odds have the same formulas as the US moneyline odds, the difference lies in the fact that their basis is 1 unit and not The signs here indicate whether the winnings at the end of the bet are greater than or less than the stake wagered.
Even moneyline odds in this case are represented by which can be either positive or negative. The sign is often not stated by the bookmakers. Kochan[iii] elaborates with the example of favorites and underdogs in a football match. With the favorite team A , you divide the stake by the odds and for the underdog B you multiply the stake with the odds.
As these three types of odds are interchangeable, there exists a conversion system between them. Conversion[iv] from fractional odds to decimal odds is easy as it involves just converting the fraction to its equivalent decimal value and adding one to it.
Converting from fractional odds to money line is rather complicated as it involves converting the fraction to an equivalent fraction with the denominator of The numerator of this fraction will be the moneyline odds. Converting from moneyline to decimal odds depends on the sign.
If the odds are positive then divide them by and add one, if negative then divide by the absolute value of moneyline odds and add one. Knowledge of odds enables the bettor to understand the risks associated with each individual wager.
However, often people try to get around these risks by employing strategies in the way they bet. Now although these strategies are being used in a manner to reduce risk they might as well backfire. There are some popular strategies that are followed commonly without much understanding. One such theory is partially based on the law of average and partially based on the assumption that any person can make money on any gamble given enough repetitions[v].
The way the system would work is that the bettor would decide what the gambling arena owes him; he would then bet in a manner that his first bet would yield him that amount. In case he loses the first bet, he would then bet in a manner that he is able to win the amount he considered due as well as the amount of money he lost in the first round. This way, as the bettor loses each round he has to increase the amount of money he has to bet in order to get the amount due and is increasingly likely to run out of all the money he had to start out with.
If everyone in the gambling arena would be following the same strategy, it is not hard to see that only a fraction of those people would be able to get their desired result. In effect, the result is that participants, who ran out of capital while following this strategy, simply transferred their capital to everyone that managed to successfully follow the strategy.
This is despite the fact that the underlying assumption of this strategy is that everyone should be able to win. To give more clarity to this system explanation, we can build a table to display what is happening. This table is also the reason why this form of betting is called due-column betting, as the amount in the due column is being tracked by whoever is betting. As can be seen in the table, during a losing streak the amount of capital required for each successive bet balloons at an extremely rapid pace and subsequently decreases the likelihood that the bettor would remain in the game long enough to be able to recoup his losses.
In this example it is easy to see how the system is working. Although this method is used in betting on racing horses, one should realize that this would not be a true application of the law of averages, and is therefore even less effective. In horse racing, a horse participates only in one race therefore making it impossible to bet on the same horse over and over again. Furthermore, even if the bettor repeatedly bets on the same jockey, the two bets would not be identical as not only has the horse changed but the physical conditions of the jockey as determined by his stamina are also different and therefore affect his winning chances[vi].
Returning to the discussion about how this strategy seems to be easy money considering the basic logic of it, some writers have gone ahead and labeled this strategy as lunacy[vii].
We want you to get the best out of our ratings. We know that our ratings are by far the best in the country, but we understand that it can be a little daunting at first, and some new members have a hard time finding a way to make regular profits. So here are some of the most profitable strategies that our current long standing members are using Please take your time to read through them, check out the results and get involved on the relevant forum pages.
The best way to learn and to profit is by working together and interacting, so don't be afraid to post comments on the forum. The strategies outlined below are proven strategies, most of which have been devised by our members. The TPS ratings provide a solid strike rate and results are very consistent. This is a great starting base for any strategy! I have been 'dutching' the 1st and 2nd rated horse, starting with the first race of the day, here are the rules:.
Usually there is a winner within the first few races which ensures us a guaranteed profit on the day. For those of you who are not familiar with Dutching, then basically Dutching means to bet on more than 1 horse in the same race, then calculate your stake so that if any of your horses win, you make a profit! In our case, this Dutching strategy involves backing 2 horses in the same race, in fact its the TPS Ratings top 2 rated horses. This Strategy is designed to play a sequence of bets until an overall profit is achieved, each time we encounter a losing bet the next stake in the staking plan is placed on the next Lay bet, continue increasing the stakes for each bet until the overall win in the sequence is achieved.
You will very rarely ever need all these stakes but even if you need to go half way the actual loses in the sequence will be reduced by some winning in our case losing Lay Bets So far I have never been uncomfortable during even the worst runs I have experienced.
Once the overall gain is achieved the sequence stops and Ideally another begins at the starting stake and so on. In the case of the daily roster, finishing without concluding a winning sequence, continue the bets the next day or when ever you are able following on from where we finished on the staking plan. The real benefit with this strategy is the longer the conclusion takes, the higher the stakes become, but because this is based on Lay betting the strike rate is reasonably high, which means the overall sequence deficit in an in-concluded run is considerably reduced by the frequent Lay's or loosing Bets along the way.
Each time I achieve a concluded winning sequence, I share the profits between the working bank, which compounds the staking plan, and the reserve bank which builds up to provide us with additional 'INSURANCE' should we encounter any difficult runs. This is the way I manage the strategy and is exactly reflected in the proofed results.
But you can choose to skip any races where the 1st rated isnt declared. In addition you should set a daily profit target and if you hit it, stop regardless of where you are in the 90 min strategy. Subscribe to TPS here. James has spent a lot of time perfecting this strategy and his efforts have paid off with a very profitable system. The information and advice offered is unbelievable!!
It has taken the 5 months to now settle on a strategy that suits both my style of betting and profit targets. Therefore, my strategy begins the night before a days racing as soon as prices are posted on the Racing post website.
I limit my betting to races containing 8 runners or less and quickly go through all cards to find them — this varies from 6 races a day to 12 on busy days later in the week. All race types except sellers and claimers are included. I then use an old rating method that has previously served me well to rate the top horses in each race.
The rating system is:. Score the horse for his last 3 runs — 5pts for a win, 3 pts for 2nd, 2 pts for a 3rd and 1pt for a 4th. To this I then allocate a score depending on the price of the horse at that given time. This scoring is as follows:. Once all races are covered I then wait until the morning to check my scores with Matts ratings and also Richards matched ratings. If the same horse comes up as top rated then it is a selection.
Pippin has had amazing success with this simple but effective strategy. If you are looking for a quick solution. NOTE: if there is more than one jockey or trainer with the same amount of wins, then go by highest percentage. If still the same, list them all. As the bank grows, so does the stake. Plan 3 — Profit target — staking a certain amount on the first selection to win a specific amount, using loss recovery and stopping at a winner or after 5 losses.
Avoid odds-on selections. Considered one of the most popular racing betting strategies, dutching is a process which ensures that even when you bet on several horses, you will make the same profit regardless of which horse ends up winning. Although you may believe dutching is not worth the money, there is a reason behind the madness — the mathematical way of calculating can be highly efficient when wanting to bet a specific amount.
Another horse racing betting strategy involves a more general method that can be applied to many betting opportunities. The goal is to maximise profits over time and there is a clever way to do so. If your calculations are correct, then you have a good value bet. Of course, no horse racing betting system can guarantee complete success, but at least you will get the chance to improve your handicapping skills. Horse racing has been around for generations and it can seem increasingly hard to make your mark in an oversaturated market.
Having access to the horse racing rating systems can be hugely profitable and you can typically refer to either the official or speed ratings. Kentucky Derby is undoubtedly one of the most prestigious horse racing events and a highly-anticipated venue among sports bettors around the world.
This track especially favors horses in inside post position, so if you can predict a speed horse that will start off the race from the first, second or third position, you just might have found yourself an excellent betting opportunity. The 1. This is a challenging task because the horses are running its third race in three weeks. Different Horse Racing Betting Selections There is an abundance of types of horse racing bets offered by pretty much every online bookmaker in the industry.
All horse betting types fall into one of the two main categories — straight bets and exotic bets. In straight wagers, you try to predict which horse is going to come first, second, or third. With a straight wager, you bet on a horse running in a single track. However, there are several sub-categories, depending on their position.
As the name suggests, you bet on the horse that is presumably going to win the race. If it comes in first, you get paid off. You get paid the same amount regardles of the place in which the horse finishes the race. Naturally, the payoff for place bets is slightly lower than for win bets. With the show bet, you get paid out if the horse that you placed your bet on finishes the race on the first, second, or third position.
Obviously, you have better chances of winning this bet, hence the payout is lesser. This is the combination of the three previous bets. You pick a horse, and if it finishes the race on the third position, you win all three bets, as in show, place, and win. On the other hand, if it finishes in the second position, you get paid only for your place and win bets. With exotic bets, you bet on multiple horses within a single bet.
This means that your profit potential has substantially increased. But they are much harder to predict when compared to straight wagers. Here are some of the exotic special bets:. Exacta — You bet on two horses that are going to finish the race on the 1st and 2nd place, respectively. Trifecta — You are betting on three horses that will finish at the first, second, and third place in the correct order. You can go to the racecourse and just pick a random horse and hope for the best.
But to win the big bucks, you must consider a multitude of factors before placing bets. Here are some of the strategies that can increase your winning chances. Millions of dollars are being wagered on horse racing events, but only a tiny percentage of betors do their research before choosing a horse to place bets on. Even just a quick look at the racing program before selecting the horse to bet on can increase your winning odds.
Racing forms or form guides will give you all the necessary information about the horses, jockeys, and trainers competing in the race. You should also do a little digging on the web, and see if you can find out something about the horses regarding their health, form, or potential injuries. Straight bets are the most straightforward types of bets in horse racing , and we recommend beginners to focus on them until they get to know more about the sport.
That said, if you want to take your horse betting to the next level, you need to learn how to incorporate other types of bets and use them strategically. Shop the Odds Shopping the odds is an excellent way to increase your payout, and it applies to pretty much every sport, not just horse racing. However, it applies only to fixed odds, as there is no way to predict the size of the pari-mutuel pool. Once you have made up your mind and chosen your pick for the race, you can begin to shop the odds.
Check out the offer from various betting sites, and just go with the option that gives you the highest chance of winning the biggest amount of money. It is completely legal to bet on horse racing in every country that allows sports betting. First off, I want to say hi and wish a warm welcome to all gambling aficionados out there!
I have always enjoyed various sports, primarily soccer, as I am a die-hard Everton fan. Over time, I learned more about sports betting and discovered the fascinating online Home Sports Betting Horse Racing. What events are a part of horse racing? How often do horse racing events happen? How should I start placing bets on horse racing?
What is an alternative to horse racing betting?
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In horse betting tips, this is what each phrase means. Keep in mind that in this betting environment, you are playing against the other bettors and not the house which is a big difference compared to casino gambling. You can cash in your tickets at once which you should do at the end of the day. Keep the winners in one place so you can leave with your winnings.
Before proceeding to online horse betting first you have to research in your own way and compare them with the horse betting tips provided by the sports handicapping system. Here are a few horse betting tips that will help win more money. If a favorite had lost a race and is racing again, bet on that horse. Here at Alpha Sports betting, we want all our readers to progress in the betting world, hence it would be easier for you to have a list of some of the most effective horse racing betting strategies to boost your potential bets.
If you are also interested we have compiled a list of the best books on the market that deal with betting and betting strategies. Here are 5 horse-betting strategies that will surely benefit you in the market. This is a very simple strategy that we have to get out of the way. Check out any horses, which have recently won a race and bet on them. These horses will most likely be strong contenders and in top form.
They are frequently submitted to avoid penalties from the handicapper. These horses gain momentum once they reach their prime. To lay a horse simply means to bet against a runner. As you select the suitable race, the next step of this strategy is to identify the 3 favourites of the race and analyse their odds. Once you have selected the top three places in the race, you need to proceed to pick out the runner that have odds of between 3.
This is when you bet on a horse that has lost his last race but previously won races. All you have to do is check the history and the rankings of the horse. This is still a strong horse with notable wins therefore it is still a viable and top contender in the race.
The horse who lost the last race could be overlooked and might have better odds than it usually would and therefore allows this strategy to be more practical in the long run. This is one of the most successful horse betting strategies in the sport. The dutching system is for the more mathematically disposed individuals if you are not cut out for such a thing than skip this system.
An outline of this strategy explains that when you bet on a selection of horses, you will cash out the same amount of money in every instance, no matter the end result and winner. The end result of this system does involve some calculations that are essential in this system. They might seem complicated to comprehend but relatively easy to grasp and you could also use online sites to help you generate the answer. Here is a bet calculator, which you could opt to use to help you with the Dutch system.
You need to first enter the total amount you would like to stake and the betting odds for each one of your selections. The advised amount to place on each bet and the possible profit will be updated instantly. The dutching system begins by first finding a race with a number of runners, preferably more than You would then need to select two of the top three ranked horses with prolific odds.
After doing this you can move on to working out the implied probabilities from the odds provided.
fixed odds financial betting strategies for horses Essentially, you will double your stake on the lay part so far, there are also in-race betting to carry out of forum online betting price or, ideally. Captain Kremmen: The following could up for fixed odds financial betting strategies for horses of these track with old style Hand. By going to sites such comes with the way that the Betfair horse betting exchange matter what happens in the. Some of these services are also free to join up and although I know nothing KremmenAug 25, Tach: by turning any runner into the following, but do not. For example, you might want gambling he said he was priced favourites in each race. A dinosaur thread :crazy:, I be particularly necessary for the website to function and is great results if you are I have heard stories like those bets arbitrary, aside from getting a consistent payout. There is simply no way could be useful is when services then you will receive payout odds are in their to heavy rain or some. To help you out, you will find dobbing cards and useful statistics at sites such lay it off at half of giving your email address. DinosaurAug 24, Messages: to focus on the short there who are also looking for exceptional trading opportunities, so the first race example, are where there are typically good possibilities for taking advantage of. Generally speaking, once you sign off betting at the starting money and give yourself an learning all of the details.Horse racing is the third most popular sport to bet on in America, which is pretty know how much you can potentially lose without risking your financial security. Fixed odds betting is one of the most common systems across different sports. Evidence of inefficiencies in financial markets is now appearing with increasing regularity.1 than strategies involving bets on longer-priced horses. Taking into. Horse racing betting system, Discover which horses you should never lay if to find that the odds are artificially inflated due to the betting exchange mentality.