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%.