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PromotionHorse racing is a popular sport around the world. It is also a popular sports betting activity in the Philippines, attracting millions of players yearly. If you are interested in betting on horse racing, there are a few things you need to know to increase your chances of winning. Horse racing betting tips are indispensable to conquer this sport. Let’s learn about this unique sport with JILIBET!
Understand horse racing odds
You first need to understand the odds to bet on horse racing successfully. Odds are the percentage of winnings that will be returned if your bet is successful. This will help you calculate the profit potential of a race and make reasonable betting decisions.
There are many ways to horse racing odds, but the most common method is to use the handicapping system. Under this system, each horse is assigned several points based on factors such as track type, distance, weight, and settlement. The odds will reflect the difference between the horses in the race.
Successful Horse Racing Betting Tips
To increase your chances of winning when betting on horse racing, you need some horse racing betting tips from the pros. Some of the popular tips and strategies are shared below.
Use an “in-play” strategy
This strategy focuses on making betting decisions as close to the start of the race as possible. You will rely on the latest information on horse form, settlement, and other factors to make accurate decisions.
Horse Racing Betting Tips – Focus on “easy to win” races
Instead of betting on highly competitive races, you can focus on races where the horses are highly rated and have a higher chance of winning. This will help you increase your winning rate and reduce the risk when betting.
Keep track of horse form
Horse form is an important factor in making betting decisions. You need to keep track of the results of previous races, as well as the performance of the horse on different types of tracks. Horses with good form will have a higher chance of winning in subsequent races.
Factors That Affect Horse Racing Betting Results
To be successful in horse racing betting, you need to understand the factors that affect the outcome of a race. Some important factors include:
Types of Horse Racing
There are different types of horse racing, including flat racing, steeplechase, track racing, and late-race horse racing. Each type of race will have different rules and factors that affect the outcome of the race.
Racetrack
The racetrack is the surface on which the race is run. There are different types of racetracks, including dirt, grass, and synthetic. Each type of racetrack will have a different effect on the performance of the horses.
Distance
The distance of a race is the distance that the horses have to travel. Distances can vary depending on the type of race. Some horses are good at running longer distances, while some can win over shorter distances.
Weight
A horse’s weight is the amount of weight it will carry on its back during a race. Weight is determined by the racing authority & affects the horse’s performance in the race.
Position, Starting Order
Each horse will start from a certain position on the track, usually, the center positions of the track are the seeded horses with high winning percentages.
Popular Types of Horse Racing Bets
There are many different types of horse racing bets, depending on the rules and nature of each race. However, some of the most popular bets include:
Win Bet
This is the simplest type of bet in horse racing. You bet on a horse to win the race. If the horse you bet on wins, you get your stake back plus the odds set.
Place Bet
This is another fairly simple bet. You bet on a horse to finish second in the race. If your horse finishes second, you get your stake back plus the odds set.
Show Bet
This is a bet where you bet on a horse to finish third in the race. If your horse finishes third, you get your stake back plus the odds set.
Conclusion
In this article, we have learned about horse racing betting tips. To become a successful horse racing bettor, you need to understand the track, distance, weight, and settlement of each race. These are important factors that can affect the performance of the horses and help you make the right betting decisions.
