There are numerous horse betting systems that are put to use by passionate punters to win a jackpot by betting on horse racing – one of the most popular forms of sports betting in the world. This form of gambling requires the gambler to do his or her homework and put his or her brains to use, to be able to analyze the horses taking part in the race to ascertain which one of them makes the best bet, depending on its pedigree, the jockey riding it and its previous racing record.
In addition to that, it is important to consider the fitness level of a horse, the trainer it has been working with and the last time that it took part in a race. If a particular horse has been off the racing circuit for quite some time, you may want to hold off your bet on it. Furthermore, you should also make it a point to learn if the horse you are betting on has undergone any new training program in the recent times and the length of races in which it has won in the past. This helps in determining the distances in which a particular horse has an excellent performance record.
Thus, it would be an unwise decision to place a substantial wager on a horse for a long distance race if it has a good track record in short distance races but more often than not falters when it comes to long distances. However, conducting such research and calculating the odds while betting on horses is something that you cannot master overnight and need to do it on a regular basis so that you can develop a winning horse betting strategy.
Apart from the above-mentioned factors that play a vital role in determining your success in betting on horse racing, you need to pick up the skill of hedging as well to improve your chances of winning at the race course. Hedging refers to the practice of placing bets on more than one horse in a particular race in an attempt to offset the loss if the main horse that you backed fails to win.
You can improve your chances of winning at the racecourse by placing a wager on a horse that has raced on the same track in last two races. Eliminate horses that have difference of a furlong between their last and current race and do not bet on horses that did not come within three lengths of the winner at every call in their last performances.