Whether you are an aspiring professional gambler, playing at the likes of NetBet Casino, or just someone who’s looking to have a little bit of fun on the side and maybe scrounge together some extra cash, betting on horse races can be both fun and exciting. There’s a reason why horse racing is often referred to as “the sport of kings”, it’s an activity that has been going on since the dawn of human history (try 4500 B.C.). For example, the ancient Greeks, Egyptians and Babylonians all practiced one form of equestrian racing or another.
So, when did betting on horse races come into fashion, you might be wondering? As far as we can tell, private wagering among the kings and nobility started to emerge around horse racing between the years of 1100 – 1200 A.D., however in those days the races tended to only pit two horses against one another. Anyway, enough history, the purpose of this piece is to provide you with a simple primer that will help you get started if you’re new to horse racing…
For starters, you’re going to have to locate a horse racing track; if you’re reading this, then chances are you’ve already picked your locale.
Next, take a little trip to the track, perhaps just to look around and watch a few races. There’s no need to jump directly into placing bets at this point, you just want to familiarize yourself with as much as possible. In fact, it’s probably a good idea to make several trips before actually placing your first bet; in this way, you might even learn a few things which will increase your overall odds of winning.
If you’re ready to place bets you’re going to want to buy a racing program (should be very easy to find). This program will contain a wealth of information about the horses, jockeys as well as other valuable intel which you can use to make more informed bets or wagers.
Before you actually go over to the window to place a bet though, you’re going to want to get yourself oriented. Open up your program and follow the live action while keeping an eye on a monitor. You need to learn to use the monitors to determine the odds as well as keep an eye on an ongoing race.
Now here comes the tricky part, which is picking a horse. Both the jockey and the horse will have their win-loss record displayed under their names in the program. You need to use this information as well as the published odds to determine which one of them you’re going to select for your bet(s). One should also take the trainer and owner percentages into consideration as they tend to have just as much to do with the strength and speed of a horse as anything else (perhaps even more than a jockey).
This is an interesting read: Punters’ biggest winning bets of 2017 & Sky Bet’s costliest losers.
Finally, place a small bet on the horse you think will emerge as the winner. The area for placing bets will look like your typical cashier’s terminal; this is also called the “betting table”. Note* – it’s also important to keep in mind that as more people bet on a particular winner, the odds become worse. Ideally, you want to win with a horse that isn’t favored but by a few people, however, this is where the challenge emerges.
Lastly, watch the race and wait for the outcome. If you have a winning ticket claim your winnings, if not, better luck next time!