Have you ever heard of “betting on the bull in the heather”? It’s a saying that popped up in the 18th century and it refers to an unusual betting strategy used in horse racing. Let’s look at how it works, and what other meanings it may have.
The Basics
Horse racing has been around for centuries and while the sport is pretty popular internationally, Australia truly shines when it comes to horse racing. There are plenty of well-established tracks across the entire country, making it a paradise for enthusiasts. Before we get into the intricacies of this betting strategy, let’s get the lay of the land. There are 3 main types of bets that you can make in horse racing:
Money Betting
This is the most basic and the most common type of bet in horse racing. All you have to do is put down some money on the outcome of a horse race and the bookmaker will take care of the rest. For example, if you think that the favorite horse in a race will win, you might bet on that horse, knowing that it’s your money on the line. This kind of bet offers excellent value because you stand a chance to win back your investment, even if the favorite horse loses. This type of bet is simple and there are plenty of online tools that make it easy to place. Most bookmakers also offer money betting online, which means that you can place your bet from the comfort of your couch. Money betting is great for those who want to dabble in the stock market on the side or for those who want to try their hand at the long-shot racehorses, not usually considered for wining.
Toss-Up Betting
If you’re a serious gambler, you might want to consider investing in a toss-up bet. This type of bet gives you a better chance of winning because it eliminates the favorite horse’s advantage. To place a toss-up bet, you need to select 2 horses that you believe are evenly matched. The bookmaker will then pick a winner, using statistical analysis to try to determine which horse has the best chance of winning. Many people think that this is the safest bet available, because you don’t have to rely on just one horse to win. You can place this bet with all the major bookmakers as well as online bookmakers, making it simple to get started. The disadvantage of this type of bet is that you have to keep track of 2 horses, instead of just one – which can be difficult, especially if you’re not a computer nerd like us.
Short-Term Odds-On-Odds Betting
Do you like the idea of keeping track of 2 horses, only to lose interest once they’ve exceeded your expectations? You can do better than that! The most advanced and the most interesting bet in horse racing is the short-term odds-on-odds bet. This type of bet gives you the best of both worlds: the excitement of handicapping 2 horses, while also eliminating the need to keep track of additional horses. To place a short-term bets, you need to select 4 or 5 horses that you think will run in the same race. Short-term odds-on-odds betting gives you the opportunity to make huge profits, even if some of your horses lose. This is mainly because you’re required to bet on at least 3 of the 5 horses that you choose. You can also place these kinds of bets online, which makes them much easier to execute. If you have the time and the patience for this type of strategy, you can greatly increase your chances of winning.
“Betting on the bull in the heather” is certainly not an easy strategy to implement. If you want to successfully utilize this method, you need to have a lot of disposable income and the willingness to lose large sums of money on a whim. Still, it’s a strategy that has been around for long enough for others to learn from and maybe even consider implementing it themselves. If you’re interested, you might want to consider placing a few bets, just to see how it works. You never know – you just might like it!