Top Tips – Horse Racing

Horse racing is a very British sport which has taken place for thousands of years. For the casual observer, there is little to keep them interested in watching a race to its conclusion, but if you have some pennies riding on the outcome of the race, be it a few or your life savings, there is suddenly added interest and excitement to the race. As far back as the 16th century people have been placing bets on the outcome of horse races and since the invention of the internet, people have been able to access great odds on races at the push of a button. If you are just getting into horse racing and would like to have a flutter, there are a few handy tips to help you get the most out of your experience. As a basic guide you need to know what the numbers mean, how to place a bet and with whom and, of course, how to pick a likely winner. If you have ever caught a race on the TV on a Sunday morning, you will notice all the horses have a set of numbers allocated to them, for instance 2/1. The commentator will pronounce this as ‘two to one’ and what that basically means is that for every one pound you wager on the horse winning, you will get back your stake plus two if it wins. You may also see a situation where the higher number is second, for instance 2/3 or ‘two to three’. This is known as ‘odds on’ and usually means the horse is favoured by the punters to win. If the odds are ‘long’, for example 100/1, then your horse is not favoured to win, although if you decide to take a chance anyway and it does come in, you could win really big! Now you understand what you will get back from your bet if your prediction is correct, the next thing you need to do is choose somewhere to place your bet. The majority of online and high street betting locations are known as ‘bookmakers’ where you are betting against the shop that the horse will win. Betting with these retailers is very simple, you can either place a bet to win, or an each way bet which means you get some money back if the horse is placed. Shop around to get the best odds as there are many companies offering this service. If you are lucky enough to go to the racecourse in person, you could also try out the Tote. This is where people at the ground put in money for bets and then the ‘pot’ is shared out to the winners pro rata, less a certain percentage of government tax. There are no easy ways to pick a winner. Much will depend on knowing your sport, trainers, horses and jockeys and even then a certain element is left to chance. However there are plenty of places you can get free racing tips, including online and in racing publications or newsletters. This can be a good way to get started and after you have been playing a while you will soon start to recognise the names of successful combinations and begin making your own tips for winning bets.

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