Horse Racing is the Most Exciting Sport Out There
A horse race is the pure embodiment of excitement and thrill–massive animals hurtling forth, chomping at the bit, deciding fates in the course of a couple short minutes. As long as horse racing has existed, betting on the horses has existed as well and today there is more opportunity than ever to get involved in this exciting sport, and to make a little money as well. Despite the opportunity, there is considerable risk and it is worth your while to do your research before laying down money. So many punters just bet on whims, but with the amount of information available to the public it makes more sense to use it to one’s advantage. Here are some pieces of advice to get you started.
The racing form is a program that lists the day’s races, tracks, times, purses, and horses. It also has a mountain of information about past performance and other pertinent happenings in the horse’s career. This form is the Holy Grail to the established punter and, if used correctly, can make or break him. Know the following abbreviations: “T” – horse won on this track but at a different distance; “D”-won at same distance but different track; “C”-won at same track, same distance; “B”-was the beaten favorite in last race; “W or M”-refers to wet conditions and means the horse has won on slow or heavy tracks (excludes dead).
Begin your research by looking back at the horse’s last races. Look for a hot streak. Handicappers can’t agree on the most important factor, but lots of people will tell you to start your search by finding a horse that lead the pack in its last race. Take it from there.
Horse tables in the papers will show numbered ratings next to the horse’s names, with 100 being the highest chance of winning and all other horses in the race at numbers below 100. While these are a good guide for novices, do not be fooled into thinking that 100s are always winners. Again, look at these numbers for an idea, but do further research as well.
Statistically speaking, favorites win somewhere between 28% and 35% of the time-keep that in mind before getting too excited about a “sure thing.”
Also keep in mind that trainers put equipment like eye blinkers and nose rolls on their horses. The form will tell you about these factors, so work them into your betting. In particular, if a trainer takes off or puts on blinkers, this could influence a change in the way you bet the race.
Note whether a horse is moving up or down in class for the race. In the form, there will either be an arrow up or down next to the horse’s name, or the letter “U” or “D”, to indicate a horse changing class. Horse’s moving down in class may be good bets depending on their recent performance.
The conditions of a track are much-watched factor in determining how certain horses might perform. Track conditions are indicated on a scale from one to ten, or with words, either “fast,” “slow,” “dead” or “heavy.” One (fast) indicates a hard dry track and ten (heavy) indicates a wet track. A recent winner may not be a good bet if he did not win on a track of the same conditions. Do not be afraid to avoid certain tracks altogether. Many experts find that if a track beats you time and time again, it is best to leave it alone and choose tracks on which you have had better luck.
As race day approaches, odds on a horse will change. Keep an eye on the odds for sure, but do not make bets based solely on them.
To elucidate, a horse for which odds improve is known as a firmer, while the opposite is known as a blower. Remember all firmers do not win, and all blowers do not lose.
The current price of a horse is the product of people’s opinions, not of some concrete reality. Knowing this, look for horses for which your opinion differs significantly from the prevailing one. Take time and do your research, but stick to your opinion.
David Gately has earned a reputation for accuracy in horse racing tips. This has come from his highly valued and reasonably priced weekly horse racing form guide, for the Australian horse races.