Basic tips for betting on horse races (II)

Despite the fact that sports betting and the world of horses have been linked for several centuries, until not many years ago, racetracks were the only places where bets of this type could be accepted and crossed.

The irruption of the internet in society has caused many betting houses, information portals, betting forums, streaming pages of sporting events to increase the quality of the forecasts, emerging a new species of human being that we could qualify as the "homo bettor".

The "homo apostante" is a person capable of analyzing all the factors that surround any sporting event on which he is going to make a bet, as well as assessing the goodness of the odds offered without having to move from home. In the past, in the case of horse races, it was necessary to have direct contact with the jockeys or the stables in order to assess all the components that affect a race properly.

Horse competitions are one of the pillars of sports betting, along with football, tennis and basketball. It is an industry that moves billions of dollars every day and that is why there is a significant number of people who live thanks to their predicting ability.

Although it presents numerous analogies with the bets in another type of sport, it is necessary to consider some extra factors (in addition to those already mentioned in the previous article) to be able to succeed in the competitive world of the horse:

- Before choosing a winning horse it is always preferable to rule out the losers. In this way we eliminate all those horses that we think are not fast enough or that are being overestimated by the public for the race. This is done mainly to facilitate the decision-making process.

The author of the book "Betting on Horse Racing", Richard Eng, also highlights the need to divide the horses into 3 groups: Group A, Group B and Group C, based on their latest results.

Those belonging to group A are those who will be in the top positions under normal conditions, since in several of their last races they have achieved victory. Group B will be formed by horses that in their last results have obtained several third and fourth place and finally, group C will be integrated by all those horses that finish the races in the lower middle zone.

This classification can be very useful, because if for example in the same race we have several horses belonging to group A, the race will probably be very fast, and these duels will significantly impair the chances of a horse This group is made with victory.

If, on the other hand, only one horse of group A exists in the race and the others belong to B and C, the chances of victory of horse A multiply.

- Always start with the simplest bets: There is a wide variety of sports bets applied to the world of the horse but it is only necessary to know 2 types to be able to start correctly and properly. Needless to say, as we get deeper into this exciting world we must gradually acquire specific knowledge.

Betting to winner: You will correct your forecast if the selected horse is the one that manages to win the race.

Place bets: You will correct your forecast if the selected horse is the one that wins the race or is second. This type of bets to cover one more position are lower than the first.

When we are facing a race with numerous participants, bets placed can cover up to the first four places, that is, in that case we would win our bet if our horse finished at least in fourth place.

Once we understand all the concepts and tips of these two articles, we will be ready to successfully begin our betting adventure.

Quantity or quality at the time of betting?

Although it may seem otherwise, prognosticating profitably is an activity within the reach of a small group of users, due largely to the disadvantage of margin, means and information, with which the forecaster departs with respect to the bookmaker.

However, this is not the only difficulty that a bettor faces, since although his number of predictions is small or nil, he must face a series of challenges satisfactorily if he wants to obtain long-term benefits and that his ability in the The decision making process will proportionally determine your final profitability.

One of the great dilemmas is presented when choosing quantity or quality in a tipster. In reality this question must be resolved according to personal preferences and tastes, although it is true that there are a series of standards that it is recommended to comply with.

A quality tipster is one that obtains a high yield and, in general terms, achieves it thanks to submitting its predictions to high 'quality controls'.

The amount tipster on the other hand is characterized by publishing a considerable sample of forecasts, sacrificing its yield but obtaining a good profitability based on the volume.

I would personally recommend to follow both types since the difference between both lies solely in their periodicity because as we can see below, it is not necessary a long period of time for the results to equalize.

Quality tipster: 25% yield in 30 monthly forecasts. Benefit / month: 7.5 units.

Quantity tiptster: 7.5% yield in 100 monthly forecasts. Benefit / month: 7.5 units.

However, there are limits that do pass without being beneficial to the bettor. This may be the case of a quality tipster that predicts once every two months, because with such frequency, the variance or bad spell can last for years, or one of the amount that publishes 300 or more monthly predictions that makes it of the development of technology and smartphones it is impossible to follow 100%.

Good bettor's manual

Although many of you who enter this section are experienced in the world of betting, it never hurts to establish a series of guidelines that must be followed practically to the letter if we want to not only make money with the bets, but also maximize the performance and optimize our efforts.

Here are our tips in summary form, as we will treat each of these points more extensively little by little:

Tip 1: Never bet a higher amount than you are willing to lose. Bets have a component of chance and this is only mitigated in the long term, so never bet amounts that you can not lose because the bad times exist.

Tip 2: Always bet without counting your emotions or feelings. Seeing the events from a distance and without being influenced by feelings is totally fundamental to being a winning gambler.

Tip 3: Before opening an account at a bookmaker, study what may be the best for you and for your betting method. There are betting houses that specialize in certain sports and other more generalists, that is why, you must evaluate the events offered by the different betting houses before choosing one.

Tip 4: Use electronic wallets. It is vitally important that you use any of the existing electronic purses, since they avoid many procedures, they are faster and more efficient. The best known are Moneybookers and Neteller.

Tip 5: Always bet on leagues or events that you have a lot of information. The information is power and how much more you have more chances you have to hit.

Tip 6: Study everything you can about the technical aspects of sports betting. There are great predictors who lose or have lost with sports betting because they do not apply or ignore the basic pillars. From the betting talk we will be providing all this information so that with the odds you can win with sports betting a bonus or something else.

Tip 7: Take advantage of the bookmaker's bonuses. This is a very good way to start in the world of betting, since you get extra money (the bonuses) and also you get to know the betting houses and their multiple options.

Tip 8: Plan your sports bets. It is important that you analyze everything regarding sports betting and what is a betting day. This aspect is very important especially in live betting, where you can get to lose large amounts of money for not having done a previous planning.

Tip 9: Avoid overbetting. Many times in good times you tend to bet more than you should because many times we can invade a feeling of invincibility. The good runs are over, but practicing the overbetting will shorten them even more. It is also not advisable to bet to recover since that inevitably leads to bankruptcy.

Take care of your bankroll to the maximum since it is your tool of work and as such it is the fundamental piece.

Tip 10: Never bet on an event more than one stake 10. It often happens that there are bets that seem very clear and you can make the mistake of including it in several combinations. That should be avoided completely since even the safest event can be lost. Also this error is committed when betting on a game to several possibilities (as under / over goals and a result of 1X2).

Basic tips for betting on horse races

Currently, we can find sports bets on any event or sport discipline. Sports such as Lacrosse, Floorball or the so-called Gaelic Sports have a place in many bookmakers.

However, the most successful sports and in which they are accepted, or are crossed in the case of exchange houses, a greater volume of sports bets are football, tennis and horse racing.

While it is true that horse racing does not enjoy great popularity in some countries, there is a great equine tradition in the United Kingdom, and races are held at racetracks almost all year round. Do not forget that the cradle of sports betting is also in that region, and that's why horses and bets go hand in hand.

Undoubtedly it is a very deep and complex underworld and in the Betting Talk we will dedicate several articles to everything related to the equine world based on experiences and fragments of specialized books.

In the book "Betting on horse racing for Dummies" there are a series of basic recommendations or premises, before you start betting that they should always be taken into account, especially if your experience is limited:

- Horse racing bets, like other sports, are not pure chance. As in any aspect of daily life, luck plays an important role, but in the long term our intelligence, temperance and ability play a determining role.

The information is power, and there are numerous places and websites where you can get quality information and truthful about the races and horses that will compete.

- Every factor, no matter how small, has to be taken into account. Although at the decisive moment only jockey and horse compete, any change, such as a modification of the equipment of the animal (which a priori seems insignificant), has an important weight in the final result.

For example, a change in equipment is always a good sign, since it means that the coach is doing tests to try to get the victory.

- Always bet on the shares with value. A maxim that must always be met, regardless of what event we are placing bets on.

There is a saying among all bettors in horse races that says "bet a little and win a lot".

The concept of value is something that many people can not understand, in a way because it is difficult to understand how large the impact of variance can be.

Suppose we find that the share of the horse "DaWinner" is at $ 9 per dollar bet and we think that the chances of winning the victory are 25%.

Making a few simple calculations we observe that the quota offered by the market has value and therefore we must bet on it:

Calculation of the value: (1 / Probability of success) = Correct quotation => (1 / 0.25) = 4 <9 There is value

However, the race ends and "DaWinner" does not achieve his goal and remains third. Does this mean it was a bad bet? Not at all, we have estimated that our horse will win one out of every four races (25%) and if we are good predictors in the long term it will be fulfilled.

However, this does not mean that if we have lost three bets in the same conditions as the previous one, the fourth one should come out yes or yes, since the luck factor can cause that in the short term we fail the first seven and then we have three consecutive hits or it is also possible to guess the first two bets and miss the next five.

A proof of this can be done with a coin. The probability of getting heads or tails is 50% for both options, although in a sample of 10 pitches you can get perfectly 7 faces and 3 crosses.

The horse that demolished the history with just six races

Justify dominated from start to finish the Belmont Stakes race to cross the finish line with almost two lengths on Saturday to become the 13th. winner of the Triple Crown of American horse racing and the second in four years.

The chestnut colt is the second undefeated to sweep Belmont Stakes, Kentucky Derby and Preakness, the competitions that make up the traditional Triple Crown, and led his mark to 6-0 on the slopes that began just on February 18 last. Seattle Slew, of which he is a descendant, is the other who finished unbeaten by winning the Triple Crown in 1977.

In front of more than 90 thousand spectators, Justify, who came as a favorite, took the lead when he left the rim and stayed ahead of nine rivals. He is the first Triple Crown winner to face so many rivals in the 1.5 mile Belmont race.

"The horse ran as we had planned and we are very happy to enter into the great history of the turf world," said Bob Baffert, his trainer. With the trifunfo he became the second coach to win the Triple Crown twice. He achieved this with American Pharoah in 2015, which ended a 37-year drought. James "Sunny Jim" Fitzsimmons guided Gallant Fox in 1930 and Omaha in 1935.

The maximum sporting glory Justify got her running for just 11 minutes 25 seconds and 62 hundredths, time necessary to win the 6 races since her debut, on February 18 last. Justify got one of the toughest exploits of the sport the same day that 45 years ago Secretariat won the Belmont for a record 31 bodies.

Justify's victory gave horse racing its second Triple Crown winner of the decade. The last time there were two Triple Crown champions in the same decade was in 1970, which produced Secretariat, Seattle Slew and Affirmed.

The powerful colt showed no sign that the rigors of complying with a compact racing schedule had affected him. He won the Kentucky Derby by two and a half lengths and then survived a half-length victory in the Preakness, both on wet and sloppy tracks.

On a fast and dry track, Justify was just as good in his third race in five weeks on his third different track.

Justify, a flamboyant Triple Crown winner, will receive a well-earned rest and then run again this year, although a date or place has not yet been set, after the colt came out of his Belmont Stakes victory in good condition.

Elliott Walden of WinStar Farm said on Sunday that the multiplayer group that controls Justify wants to share the horse with the public by running it. A plan will be formulated once the chestnut colt recovers from a compact calendar that saw him win six races for 111 days since his debut on February 18.

Among the possibilities: the Haskell Invitational on July 29 at the Monmouth Park in New Jersey with a prize of one million dollars, the Pacific Classic at Del Mar on August 18 with a bag of one million and the Travers at Saratoga on August 25 with 1.25 million dollars.

Baffert can wait to listen to the officials of several tracks anxious to attract the new star of horse racing, as he did with American Pharaoh.