Horse racing in the UK is mainly on from 1pm onwards pretty much every day of the year. A lot of horse traders like to do their research in the morning before the racing. This means that they will often start work early and finish early or work between 9am-5pm like a regular job. In the summer there is evening racing so if you want to trade For example, imagine the payout of horse is 5 to 1, and we have a model that indicates the horse’s probability of winning is 0.2, or odds of 4 to 1. Assuming our model is faithful, we would have an edge in this case, as we would be getting an expected return of (0.2 * (5 + 1)) - 1 = 0.2 (0.2∗(5+1))− 1 = 0.2 or 20%. As mentioned above, arbitrage, matched, and value betting are the best betting strategies for beginners and seasoned bettors alike. All three have their benefits. Your appetite for risk and quick profits should decide your path. You will need multiple sportsbook accounts to lock in the best odds at all times. After this, you can take the amount from the left-hand side and the amount from the left-hand side and add those two numbers together. 10-10-10-20-20-20-10. When the bet is won we will need to cross these two numbers from the list. If our bet won our new system will look like this. 10-10-20-20-20. The way you read a racecard is from left to right like a book, with the oldest races on the left and the most recent on the right. Here’s what the various letters and symbols on the racecard mean: LETTER/SYMBOL. MEANING. Numbers 1-9. Position the horse finished. Number 0. Horse finished outside the Top 9. Granted you would still have lost backing all favourites during the season just gone but the loss would be a more manageable -7.85%. So, the proportion of races won by the favourite is running at a healthy 33%. Taking this a bit further. Odds-on favourites won around 58 % of their races losing 6.73%. pp9btX7. Finding value by betting correctly turns a losing player into a break-even player and a break-even player into a winning player. My betting strategy is to know like back of my hand, one track,the jockey and trainer colonies, and the horses at said track. then I go over results every day, w/out fail. Profitable Betting. I wanted to cut through the bullshit in the gambling industry and highlight what works: Winning strategy. Probability. Identifying Value. It sounds simple when you break it down, but too many punters overlook these simple concepts that you need to know if you’re going to make money betting. Check it out below! Allowance and Stakes Races. The horses in an allowance race are given a particular amount of weight, usually five pounds off the prescribed weight if the horse hasn’t won a race, hence the name “allowance.”. On the other hand, top racehorses compete in stakes races. They gather more spectators and bettors during this type of race. Begambleaware.org. T&C Apply. Tip 1. Opposing (The Right) Short-Priced Favourites. Lay betting is one of those interesting horse racing betting strategies that can allow for a higher win probability (when employed correctly). Through betting exchanges, punters can oppose individual horses via the ‘Lay’ button. Timeform senior racing analyst Pat Jupp outlines why three-year-old handicappers may be at an advantage when racing resumes. Backing three-year-olds against older horses in all-aged handicaps has long been one of the accepted betting strategies in a punter’s armoury, so with the return of racing around the corner now is a good time to delve a bit deeper into the figures and assess the merit Step Two—Identify Horses in Shape. For the next step you will focus only on the horses with a check mark beside or a circle around their name. You will notice than in a field of ten horses you have likely eliminated half of them from contention. Just doing this will speed the process of your handicapping.

basic horse racing betting strategy