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If you lose you lose it all! There are two outcomes, you are either right or you are wrong. There is no middle ground here and for this reason alone, the win single is for the experienced or well informed punter only! The majority of horse races in the UK are based on some form of handicapping system.
This means the horses are allocated a weight to carry in the race based on all known recent forms. With so many competitive races every day, you are statistically likely to come up against at least a few other horses that stand a good chance of beating your bet.
The ancient art of hoodwinking or trying to the handicapper is an art form all of its own. Well many people, could in theory make sure the current form is poor in order to increase their winning chance on a day when they would like to win, a day of their choosing if you will. This can be done by running a horse over a distance trip that cannot perform well at.
Or maybe on ground conditions that do not suit going. It may be a combination of both! You can learn to study when a horse might have its optimum conditions later on in the series. Just know that this happens and regularly! So with just this basic summary in mind, understand that placing a win single bet has great potential for big winnings. However there is no safety net for failure. You need to learn so much before you can place win single horse racing bets with REAL confidence.
Over time, your own punting education can lead you to this point. To learn more about Quinella wagering strategies please see our Quinella Betting page. Exacta Betting - Also sometimes referred to as Exactor betting, Exacta betting requires you to pick the first and second place finishers in a race in exact order.
A popular option preferred by many bettors is to play a multi-horse Exacta Box. With this type of wager you would cash a winning ticket if the order of finish was either or Exacta wagering offers casual and professional players alike the chance of making a good score with a minimal outlay of cash. To learn more about Exacta wagering strategies please see our Exacta Betting page. Trifecta Betting - Also sometimes referred to as Triactor betting, Trifecta betting requires you to pick the first, second and third place finishers in a race in exact order.
A popular option preferred by many Trifecta bettors is to play a multiple horse Trifecta box. Trifecta wagering, while more risky than Exacta and Quinella betting, offers all bettors the chance of making a big score. There are numerous different methods of betting Trifectas, some more efficient than others.
To learn more about Trifecta wagering strategies please see our Trifecta Betting page. Superfecta Betting - Superfecta betting requires you to pick the first, second, third and fourth place finishers in a race in exact order. A high risk-high return wager, Superfecta betting can be quite expensive, but it does offer the potential for life-changing payouts.
Playing Superfecta boxes that include multiple horses can be both expensive and inefficient, but there are other methods such as wheels and part-wheels that offer you a good chance of winning a substantial sum for a more reasonable cash outlay. The most common multi-race bets require you to pick the winners of anywhere between individual races in a row.
There are a few significant advantages to playing multi-race wagers. The first is the fact that each multi-race wager has its own separate betting pool. The government and race track takeout are applied to a multi-race bet only once, despite that fact that the bet occurs over multiple races. In contrast, a separate win bet on each race would be subject to the government and track takeout on each bet on each race.
So while multiple-race wagers inherently have more risk, they also offer better odds partly due to a takeout which occurs only once rather than on each race. The second advantage to multi-race wagers is the fact that the public tends to over bet certain combinations. Like intra-race wagering, many bettors have not yet figured out how to properly structure multi-race tickets. This results in inefficiencies in the wagering pools. These inefficiencies, when combined with the one-time takeout, often provide excellent value-based opportunities for smart handicappers and bettors.
As in intra-race wagering, it pays to understand the mechanics of multi-race exotic wagering. Daily Double Betting - The first exotic wagering option to appear at racetracks in North America, Daily Double betting requires you to select the winner of two consecutive races.
Traditionally offered on the first two races of a race card, many racetracks now offer both an early and late Daily Double and some rare tracks even offer rolling Daily Doubles throughout the card on consecutive races. Because the Daily Double is the oldest of the exotic multi-race wagers, it is very popular among traditional long-time race goers. For more info, see our article on Daily Double Betting. Pick 3 Betting - The Pick 3, also sometimes known as the Win 3, offers an excellent opportunity for a good score with a minimal outlay of cash.
It requires you to select the winner of three consecutive races. Traditionally offered twice on a race card, many tracks now offer rolling Pick 3s on consecutive races throughout the race card. There are a variety of different methods and tricks used for betting the Pick 3 that can give you an advantage over your fellow bettors. To learn more about Pick 3 wagering strategies please see our Pick 3 Betting page. Win 4 Betting -The Win 4, also sometimes known as the Pick 4, offers both casual and professional players a chance at a four-figure score with a minimal to reasonable outlay of cash.
It requires you to select the winner of four consecutive races. Wheeling is also a popular strategy in Win 4 betting. Traditionally offered once on a race card, many tracks now offer both an early and late Win 4. To learn more about Win 4 wagering strategies please see our Win 4 Betting page. Pick 6 Betting - The Pick 6 offers all types of bettors a chance at make a life-changing score. The most expensive of the exotic multi-race bets, it is not uncommon to see five and six figure payoffs on a regular basis.
Generally appealing to those with a larger bankroll, the Pick 6 requires you to pick the winner of six consecutive races — a very difficult task. Of course, all horses generally do not have an equal chance of winning each race, so the odds can be reduced accordingly based on your selections and their relative chances of winning.
The image above provides a complete explanation of exactly the kind of online race card you find at the majority of betting sites. The best way to bet on horse racing, however, is always to start with a thorough read of the race card so that you familiarise yourself with all the specific details of the race and the competitors. Another thing to bear in mind is that many betting sites feature additional interactive tools above the card. These extras features are just one of the advantages of placing horse racing bets online so be sure to take full advantage and use all the information at your disposal; learn more about the extra features offered by the top betting sites over on the main page.
There are a numerous horse racing betting tips and guidelines you can follow that can help you make more informed decisions, however, horse racing is, after all, a sport in which anything can happen and where plain old luck can often prove to be the most deciding factor. In the sections below we will be going over only the most essential handicapping methods, which can increase your chances of picking a winner.
Our aim is not to give fool proof tips on how to make a fortune, but rather, provide some sound advice on how to discard noncontenders and decide which horse, or horses, really merit a wager. Note: these tips only apply for straight, win only wagers on a single horse. Many punters choose to opt for a more strategic approach to betting on horses in order to try and seek out the best value in the market.
There are a number of widely recognised betting systems that can, if used properly, can increase your expected value. Here are some of the most well-known, well tested horse racing strategies listed below. Dutching is a popular betting system that basically ensures that when you wager on a certain number of horses you make the same amount of money irrespective of which horse actually wins.
It does involve a fair bit of maths; however, it can be extremely useful if you have a set amount you wish to stake and you want to back more than one selection. However, with the dutching strategy as shown above, you can work out how exactly how much you need to stake to cover both outcomes and ensure the same profit. Laying the favourite is when you bet against the favourite to win a race in a betting exchange.
It is a strategy that at first instance appears to go against the very basic principles of gambling, but if used properly, can ensure profits over time. This means that on average, favourites are more likely to lose a race than they are to win. You need to think, in betting exchanges a horse is only perceived as the favourite because it has the most amount of money behind it, not necessarily because it has the best chance of winning.
Value betting is a more general betting strategy that does not apply exclusively to horse racing, but is nonetheless important for maximising profits over time. It is, essentially, when you look to see if a selection has been under priced i. Before you get to this stage however, it is first important to bear in mind that spotting a value bet and knowing how to apply it properly requires significant experience and know-how.
Horse racing betting tips, strategies and guidelines aside, perhaps the most important method to success when betting on horses is properly managing your finances. On the flip side, proper management of your finances can go a long way to keeping your head above water and ensuring steady profits over time.
See some of our tips listed down below:. Make sure that you put aside a set amount of money each week or month for betting. This should be extra funds that you would normally use for leisure activities. Never place a bet to try and make up for a loss. Sometimes losing a bet can hurt; the proper way to react is to take a step back, think where you went wrong, gain some perspective and go again when the time is right.
The important thing to bear in mind is that different strategies work for everyone: there is no perfect strategy. If you have any questions about these strategies, or anything else contained on this site, please feel free to email at info bestbettingsites. Simply put, no. There are literally thousands of pages and articles online that claim to have fool-proof strategies that can turn you into a millionaire overnight; the vast majority are no more guaranteed to ensure profit than your own savvy and experience.
Remember, success when that betting on horses does not come overnight. The best way to bet on horse racing is to be patient, learn from your mistakes and you'll eventually develop your own strategies. This can be done by running a horse over a distance trip that cannot perform well at. Or maybe on ground conditions that do not suit going. It may be a combination of both! You can learn to study when a horse might have its optimum conditions later on in the series.
Just know that this happens and regularly! So with just this basic summary in mind, understand that placing a win single bet has great potential for big winnings. However there is no safety net for failure. You need to learn so much before you can place win single horse racing bets with REAL confidence. Over time, your own punting education can lead you to this point. The next time you consider placing a bet, just think about how likely it is that you are either right or wrong, because that is how your bet will be judged.
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