5 Easy Strategies for Backing the Winning Horse at the Races

Horse racing is a popular sport in which horses are raced against each other on a track. It is a competitive equestrian activity that involves two or more horses ridden by jockeys (riders) racing on a course or track, typically around a circular or oval-shaped course. Horse racing is a popular spectator sport in many countries, and is also an important source of entertainment and gambling revenue for many regions.

If you’re looking to get started with Horse Racing betting, this article will aim to provide you with some quick and easy betting strategies that can fast-track your journey.

Let’s discuss some of our favourite strategies for selecting a winning horse, starting with looking at the odds.

#1 – Review the Odds

Arguably one of the easiest ways to get started with Horse Racing betting is to look at the odds. There’s a thing called “fluctuations” and this usually occurs just before the race jumps, generally around 30 minutes before. What you need to look for are odds that are dropping in price as this means more bets are being placed on these horses. So it’s a good strategy to stick with the crowd and back the horse that’s dropping in price. In terms of the best price range, generally most winners come from around the $2 to $7 mark. Anything over $10 is usually considered a “roughie” and while you’re starting out, it’s a good idea to avoid these runners.

#2 – View the Form Guide

A form guide is a comprehensive overview of each runner in the race. It contains a history of the horse, its previous races and various statistics, such as overall prize money won. The form guide may sound daunting for a beginner but it’s the best way to get a full overview of how each runner is travelling before the race. Some of the key stats to look at include prize money and record at the track or distance. If a runner has collected a large amount of prize money in their career, that means they generally know how to win and should be a good bet. Meanwhile, some horses favour tracks and certain distances, so this can be a good betting strategy.

#3 – Read Online Tips

Simply google “horse racing tips” and there will be a wide range of websites that offer free tips and advice for upcoming meetings. It’s also helpful to see how other people preview a race and what they look for in a runner.

#4 – Follow the Pre-Race Comments

Most horse races are televised on TV and the commentators will usually give away some of their best tips. They will also provide coverage of the horse as it warms up in the mounting yard and this can give you a good idea of how it’s shaping up for the race. Meanwhile, a lot of betting sites will offer a comments section where an expert gives their opinion of the race and which horses should be right at the finishing line.

#5 – Pick the Favourite

At the end of the day, you can be profitable by simply betting on the favourite. There’s a reason why they are favoured to win the race and over the long haul, you should be able to make a decent amount of money by sticking with this strategy.

If you’re looking to apply these strategies to back a winning horse, you might consider exploring platforms that provide valuable resources, such as tips, form guides, and even opportunities to find a racehorse for sale. These additional options can further enhance your betting experience.

Many people enjoy wagering on the outcome of races. In most countries, betting on horse racing is legal and regulated by government agencies. Horse racing is also an important part of the equestrian world, and many professional riders and trainers make their living in the industry.

There are several different types of horse racing, including:

Flat racing: Flat racing is the most common type of horse racing, and involves horses racing over a distance of several furlongs (around 200-2500 meters) on a flat, level surface. Flat racing is also known as “thoroughbred racing” because it typically involves thoroughbred horses.
Harness racing: In harness racing, horses race while pulling a two-wheeled cart called a sulky, which is driven by a driver. Harness racing is popular in North America and Europe, and the horses are typically trotters or pacers.
Steeplechasing: Steeplechasing is a type of horse racing that involves horses jumping over obstacles, such as fences and ditches, as they race around a course. Steeplechasing is also known as “National Hunt racing” or “jump racing.”

There are a lot of helpful websites and betting guides that can be found online when searching for Horse Racing Tips. They are definitely useful if you don’t have time to do the research as someone has already looked through the form guide to find a winner. According to OnlyRacing.com.au, they have plenty of tips, reviews, guides, comparisons and more that can help you get started with horse racing betting.