If you’re looking to get rid of some extra cash lying around, you can’t do much better than placing a wager on the horses for a day. After all, you might just win some money. But if you’re not happy with the result, you can always get your money back with interest. That’s what makes betting so attractive.
If you’re looking to place a wager on the horses, you’ll need to do a little bit of research first. Finding out everything you need to know about horse racing can be a bit of a hassle. That’s why we’ve gone ahead and compiled this detailed guide on how to place a bet on eBay. With our tips and tricks, you’ll be able to get the most out of your wager.
Choose Your Horses Wisely
One of the most important things you need to do before placing a wager is to choose your horses wisely. Before doing so, it’s important to note that not all bets are created equal, and you might end up losing more than you win if you haven’t chosen your wagering options wisely. For instance, if you bet on a horse that loses, you’ll have to pay out the entirety of your wager, plus all the juice (the amount of money you’ve given the bookmaker to run the bet).
That’s why it’s important to do your research and find out which horse is the best fit for your needs. Sometimes finding a suitable horse can be a mission. If you’re searching for a specific race or horse, you might have to go through dozens of results to find the one you want. If you keep getting stuck at the roulette wheel of random results, it might be a good idea to reconsider which horse is right for you.
Study The Racing Form
If you want to place a wager on the horses, you’ll need to do a little bit of homework first. One of the best things about the internet is that it has made it possible to do extensive research on any topic, including horse racing. If you’re wondering which horse is the best choice for you, you can always refer to the racing form (aka ‘programme’ in French).
The racing form is a card containing all the information you need about the upcoming race. In most cases, you’ll find the running order of the horses, as well as their past performances. The information is updated every day before the race, so be sure to check them frequently.
Watch The Pre-Race Briefing
Another important step you need to take before placing a wager is to watch the pre-race briefing. The pre-race briefing gives you an insight into the state of mind of the jockeys, as well as the trainers of the horses. It also provides you with an idea of which horse is most likely to win the race. Some races are more volatile than others, so it’s important to be aware of the situation before placing a wager.
Make Sure You’ve Got A Plan B
One of the worst things you can do as a bettor is to bet on a horse without a plan B. If you lose, you’ll have no recourse but to pay out the entirety of your bet, plus all the juice (the amount of money you’ve given the bookmaker to run the bet).
If you’ve followed all the above tips, you’ll be able to place a wager on the horses and have an idea of how things will play out. But if you still have doubts, it might be a good idea to sit out the race or find another way to hedge your bet. Otherwise, you’re just asking for trouble.
Research The Bookmaker’s Responsible Play
Depending on where you place your bet, there’ll be different rules regarding responsible play. But generally speaking, if you place a wager at an online bookmaker, they’ll have rules in place to prevent you from getting stuck with a losing bet. This kind of situation is completely out of your control, so it’s essential to keep your wits about you and take the precautionary measures to ensure you do not risk losing more than you can afford to lose.
To help you avoid this kind of trap, most online bookmakers will offer a responsible play option. This option allows you to place a wager on a horse and, if it is a losing bet, the bookmaker will cover it for you. You’ll need to provide proof of identity to the bookmaker, and they’ll review and sign off on your request. This is a great option for those looking to place a low-risk bet on a horse.
Use Limiters
If you want to place a wager on the horses, one of the best things you can do is to use limiters. Limiters can allow you to place a certain amount of money on a single horse or bet. As the name suggests, these limits keep you from placing a larger wager than you can afford. You’re free to place as many limits as you want, but if you do get stuck behind a limit, it can be pretty frustrating. Especially if you’re trying to place a high-risk bet and need that limit lifted so you can continue betting freely.
Some bookmakers require you to be a registered user to use limiters. If you aren’t yet, you can always use a betting app instead, which does the same thing and is completely free. You’ll just need to make sure you download the app to your phone before you place your first bet.
If you’re looking to place a wager on the horses, it might be a good idea to check out all the above tips and tricks. With a little bit of research and planning, you’ll be able to place a safe bet and have a good time while doing so. And if you end up losing, at least you can always comfort yourself in the knowledge that you did everything you could to make it fair game.