One of the most exciting parts about going to the horse races is having the opportunity to bet on the horses you like best. But if you’re not sure how to bet on horse races, this exhilaration can turn to dust in the air. Fear not, here are simple rules that’ll have you earning cash from your horse-racing excitement in no time.
Set A Basket
Before you hit the tony racetrack, visit your local horse market and set a basket. You’ll need it to buy your first couple of horses. Before you set off to the races, give the horses a brush up and make sure they’re cooled down.
The first step is to set a basket. You can use this opportunity to try out different combinations of horses to find the right one for you. When you’ve found it, take a deep breath and commit. You can’t go wrong with a good old-fashioned punt if you want to learn how to bet on horse races. Set that basket to go out with a bang!
Learn The Language
As you’ve probably guessed, there’s more to betting on horse races than you’d think. If you want to place a bet, you’ll need to learn the lingo. The jockeys, trainers, and bookmakers don’t speak English, so you’ll need to learn a little bit of French or Italian to place your wagers. Most bookmakers and many trainers will speak English, however, so you don’t necessarily need to know any other languages to be able to place your bets effectively. Still, it’s worth knowing a little bit of Italian or French just in case you’re chatting with the bookmaker or jockey after the race, and you want to be able to carry on a conversation.
Pick A Winner
You’ve found your two favorite horses in the market, and now it’s time for the excitement to begin. You’ve got your tickets, your baskets, and your race programs in front of you. Take a quick look at all the runners and calculate your odds. Remember, the longer the odds, the bigger the payoff if you’re correct. If you’re not sure where to find the race programs, ask a member of staff at the entrance to the grandstand. They’ll be able to help you out.
Your first bet should be on the longest shot in the field. This is usually the favorite in the race, so you’ll be able to secure a great return if he wins. If he doesn’t win, you’ll at least have a shot at covering your original wager. There’s no harm in looking to take the opposite bet to make up for crappy luck. You just need to keep in mind that the longer the odds, the bigger the payout if you’re correct.
When you’ve picked a winner, it’s time to put your strategy into practice. Instead of betting in isolation, spread out your bets amongst friends and family. This is known as pooling your bets or participating in chipping. When you’ve placed your bets, check your picks at the bookmakers’ stalls to make sure you were wise in your choices. If there’s been a mistake, get it sorted out as soon as possible so you don’t have to sit through the entire race with the wrong information. Bookmakers are normally very accommodating, so don’t be afraid to ask for help if you’re unsure about anything.
Study The Form
Every horse race has several different forms. You’ll need to know which one is going to be used so you can correctly place your bets. Check with a member of the bookmaking staff to find out which form is being used for the race you’re going to see that day. If you want to place a wager in the next race while you’re at the betting post, you’ll need to know which form this is going to be as well. You can also check the results of previous races in the same series to get an idea of what to expect this time around. Knowing the form will help you make the right choice when you’re faced with the daunting task of placing your bets.
Know The Differences
There are three large categories of horse races: flat races (usually around 800 meters or a mile), middle-distance races (usually around 1,600 meters or a mile), and long-distance races (usually around 2,400 meters or a mile and a half). It’s essential that you know the differences between these three types of races. If you don’t want to risk getting your wager wrong, choose the right race for your based on how far the horses are expected to run. If you’re not sure which category your particular race falls into, ask a member of the bookmaking staff at the entrance to the grandstand. They’ll be able to help you out.