Posts Tagged ‘Horse Racing’

If you gamble on horse races then you are always looking for that elusive something that will help you select winning bet after winning bet. Whether such a thing actually exists is very open to question but every gambler thinks that it just might be out there somewhere.

It is this thought that many so called tipsters rely upon to get punters to part with their money for supposed expert tips. Sadly most of us come away from such offers sadly disappointed. They do not provide that pot of gold we seek.

In this article I want to tell you about a tipping scam which seems to come around with a fair regularity. It is not a new scam but it still manages to part a lot of people from their money whenever it is used. Basically the scam works like this. On a Tuesday or Wednesday you receive a letter telling you that the tipster knows of a horse running next Saturday that is nailed on. IT CANNOT LOSE. Everyone is going to have their money on it, the owner, the trainer, the stable lads and the trainer’s dog.

This is the big one, but the trainer cannot tell you the horses name until Saturday for fear of it affecting the horse’s starting price? However, if you telephone on Saturday morning he will give you the name of the horse for free out of the kindness of his heart. They are such generous people tipsters!

Saturday comes, you telephone and they take your name and then give you the name of the horse. This is all very simple all very quick. All you have to do then is place your bet and wait.

One of two things will happen. The horse will win or the horse will lose. (There are no other options). If the horse is a winner you can expect a letter the next week telling you that by providing you with a winner the tipster has shown what a wonderful person he is and you should invest in his tipping service immediately. And lets face it who isn’t going to join his service if he can churn out winners like that, he must have inside information and good contacts.

Now if your horse lost you will get a letter explaining that the horse was “under the weather”, or the going did not suit or the jockey forgot his lucky underpants. There will always be a good reason. But don’t lose heart because our tipster has got another horse for next Saturday which is even better than last weeks and again phone on Saturday and he will tell you the horses name for free.

So far it does not seem much of a scam but let m explain what is actually happening.The reason the tipster will not give out a horses named until Saturday is because he is looking for a particular set of circumstances. A race with no more than 7 or 8 runners, where there are only 3 or 4 horses with a real chance of winning.

Having selected the race and the 3 or 4 possible winners all that happens is as people call they are given one of the four horses names. This is done in sequence so if 100 people telephone 25 will be given the name of horse A, 25 horse B and so on. This means that baring a real unexpected result at least 25 people will have been tipped the winner.

These are the ones that will be invited to join the Tipsters service, the other 75% will get the offer of a second tip. Of these 75 at least 18 or 19 will get tipped a winner the following Saturday.

Just think about it if the tipster uses a mailing list and offers 1000 punters the initial free tip offer possibly as many as 500 might respond which means 125 will be tipped the winner. If less than half of these sign up for a £100 service it would still bring in around £6,000 for the cost of the mail shot. (about £500).

Make sure that you do not fall for this scam and keep your money in your pocket.

Beware of free tips as my old grandfather used to say you get nothing for nothing and even then the price can be expensive,

When horse races are drawing near, fans are always rushing to place bets. To have a more enjoyable betting experience, perhaps you may wish to consider placing your bets online. There are several benefits when you do so.

Save time and avoid hassle.

Usually, bookmakers are swarmed by lots of people when race day draws near. If you try contacting the bookmakers, you may have to spend time queuing up and waiting for your turn to come. You may find it a hassle to be jostling among the people. When you place bets online, you can avoid all that hassle altogether, and focus on picking winners.

Secure and reliable.

A decade ago, perhaps it’s not a good idea to place bets online because the technology is not mature enough yet. People were hesitant to go online to make any form of purchase, as they do not wish to reveal sensitive credit card information. However, things are different now. Online purchases have become very much a part of our everyday life. Even technology averse people are willing to purchase groceries online. This meant that technology has come a long way. You can be assured that when you place a Grand National bet online, you are dealing with one of the most secure and reliable booking system in the world.

Reviews, tips, and hints available.

The challenge is always to pick a winner. The Grand National features 40 horses in a race. In every race, there are favorites, and there are non-favorites. If you choose to bet on a hot favorite, the odds may be something like 10 to 1. An unpopular horse may have odds like 100 to 1. It is not easy to pick out a winner. In a difficult race like the Grand National, luck plays a more important role than on any other circuit.

In the past 100 years, only 10 favorites came out as winners. This is a race that anything can happen. Highly skilled professional jockeys have failed to win the Grand National. Mares, believed to be weaker horses compared to male horses, had managed to emerge as winners.

Obviously, speed, power and skills isn’t everything in the Grand National. Luck is just as important. But luck isn’t something that is measurable or tangible. That’s why choosing a winning horse can be a challenge for many people. When you bet online, you can easily read hints, tips and reviews that are posted by other experts who share the same interest as you.

The best attitude to take, when betting on Grand National, is to make leisurely bets with amounts that you can afford to lose. That way, you can focus less on the winnings (as stakes are at an acceptable amount), and focus more on the drama and excitement of the race. In other words, be there for the horses, and not the money. The betting just heighten the excitement, which makes the races all the more enjoyable.

When it comes to mention of a royal game that has always fascinated millions of gaming enthusiasts with the charm of elegance then the sports of horse racing is one such sports which has always held a very high accord in this respect.
All the betting charm, gambling strategies, the last lap twists and the greatest and most alluring attribute of “unpredictability” factor associated with the game is all that holds for the unique association and fascination of many with this particular game.
But the gambling activity governing this game is not simply fun and enjoyment oriented only, it is highly strategically governed as well that is the reason why it becomes all the more important to explore all the avenues for a deeper understanding of the strategies for winning horse race betting. It calls for a very proper and methodological approach to schematically observe and then bet on extremely calculative grounds.
Horseracing is a one of those exceptional sports in which you can both participate as well as at the same time reap financial benefit.  Therefore the game is not simply associated with a very simple procedure of betting in fact beyond that it also involves strategy formulation matching wits with fellow horseplayers just like you.
If one picks the right horses at the right price, then the lucky charm facilitates you to go home with more cash than your competition. Be the strategy formulated on the hard lines of gambling orientation or educated investment, a better bet than horseracing is quite difficult to be found.
To effectively bet on horse racing firstly it is very important to generate an understanding of the types of wagers offered. Most online horse betting sites and racetracks offer the popular wagers which are as follows:
1.    WIN – In this you bet your horse to finish first. If your horse wins you collect.
2.    PLACE – with this kind of a wager you bet your horse to finish second.  And therefore you win the betting amount if your horse finishes first or second.
3.    SHOW – You bet your horse to finish third therefore, if your horse finishes first, second or third you win.
4.    ACROSS THE BOARD – Wit this kind of a wager you bet your horse to win, place and show. If your horse finishes anywhere in the first three positions you win.
5.    WIN-PLACE – You bet your horse to win and place so in this wager if your horse finishes in either of the first two positions you win.
Apart from these there are also Exotic <a rel=”nofollow” onclick=”javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link']);” href=”http://www.fpsystem.co.uk/”>horseracing betting</a> wagers in the multiple strategic forms such as Exacta, Quinella, Trifecta, Superfecta etc.
It is slightly more difficult to select winning combinations when playing exotic and multiple race bets, but the risk is often worth the reward, especially if the preferred gets beat. These wagers offer the best chance to employ an effective strategy that can make you win with a difference.

Part 3 of my original series on how to handicap horse racing. Sorry it is so difficult to see… I did the best I could. Over the next several episodes I will be going over various strategies and methods to handicapping races to help YOU get on your way to picking winners! Great for beginners and intermediates alike! Best of all, it is completely free! All episodes will be posted here on youtube. Please feel free to email any and all questions and comments to me at vegasdavesdime@gmail.com and check out my sports podcast on my webpage at… www.davesdime.com Oh and don’t forget to rate and subscribe! Thank you! (Pictures of Hollywood park races and DRF logo belong to the Daily Race Form)

You may wonder if it is possible to make money online playing the horse races and if so, how to do it. The answer is that it is possible, but not easy. If you are looking for easy money, better look elsewhere. Betting on horse races for profit, even small profit, requires skill, discipline, and a big enough bankroll to weather the ups and downs of gambling.

One way to make money from horse racing is through internet sites that will take your bets. Just be sure that this is legal in the jurisdiction you live in before opening an account or depositing money. Also, stick with licensed and regulated sites. If you are a U.S. resident, stick with legal sites that operate within the U.S. Off shore sites might offer some tempting perks, but you have no recourse if they won’t pay you or there is a dispute. If you live in the UK, then stick with sites that are legal and licensed there.

There are several advantages to online horse playing. First of all, it isn’t as expensive as a day at the track. You have no travel expenses, no eating out, no admission or parking fees. You can play the horses in your pajamas or any other outfit when you are playing on the internet. You also can usually get free past performances and programs through the company that takes your bets. The fees they charge for deposits will not be as high as the expenses of a real day at the track.

On the other hand, a day at the race track watching live horse races can be a lot of fun. It is also an adventure. I am not knocking the race tracks, but if you want to make a profit, the way to start is to limit expenses and working from home is the best way to do that. I also find it easier to sit and handicap the races while in the quiet of my own home. You may enjoy the camaraderie of the race track crowd, but I find it distracting when I am serious about making a profit.

Another benefit of online wagering is that you can set up the virtual toteboard to show a lot of information and several tracks at once. It is much easier to find discrepancies in the pools that indicate inside money and possible overlays and underlays. In fact, by using the virtual toteboard correctly, you may find ways to follow the odds and make a small profit just from spotting good value bets.

I love the atmosphere and excitement of the race track and am thankful for the days I get to see live racing, whether I win or lose. On the other hand, there are days when I am thankful that I can sit quietly at home, following the odds online and finding those good value bets for a nice profit.

Placing a bet on horse racing does not mean that you have to be at the racetrack. Now, with online sportsbooks you can place your bet online at 100′s of racebooks worldwide and in the comfort of your home.

Nowadays, and power of technology, everything can be found online. If you have a computer and a online connection that is all you will need to be able to see the horse race action live on their small screen.

Even if it is not as good as the live one or as big as the ones you will see on television, it is very convenient for those who are on the move and do not have the right facilities for it. Just think. You will never again miss the action. You will have a minute-by-minute account on the race that is going on. Besides that, you will know first hand if the horse you are betting on will win or not.

How does betting horse racing online works?

There are some websites that just need you to register into them and put in your money deposit. Once the result is out, your losses or winnings will be debited or credited into your account.

Not all websites are like this though. There are those that require its would be members to pay an initial fee. Some even require monthly charges depending on the frequency of your visit and stay.

Even if the betting horse racing is done online, the rules and regulations are still the same. The types of bets and race conditions are also the same as the ones you will see and get live.

Since the process is done through computers, you can expect a short delay on the tally of your bets based on the overall betting system. For those who cannot wait for the update, they are given a choice of the statistics to be sent directly to their cell phones.

But with the advantages that people get from betting horse racing online comes its disadvantages. They may be minors but it is still worth the glance.

a) Unsatisfying Experience. Some people find that nothing can compare to the feeling that they get when they are on the racetrack and is part of the action. You cannot really get that same feeling when you are just there watching it on screen. Most of those who bet on this sport are after the excitement of seeing the race from start to finish. They still want to shout and cheer with the rest of the crowd gathered there on the stadium.

b) Miniscule Screen. Being confined in the small screen of your computer, you will not get a view of what is happening in the whole event. You will just rely on where and what the camera is focusing on. This is a total turn off for those who want to see every corner and every move around the racetrack. Those who are intent on having a better view of the horse race choose to have their own satellite TV in their home to get a bigger and better view of the live happening in the racetrack.

c) Computer System Problems. Slow computers and outdated hardware installed in your computers are one of the factors that will hinder your betting horse racing online experience. If you do not have the most advanced features, do not expect your viewing to be as great as it should be. However, if you can do away with these minor problems and your only desire is to cut the suspense and see the result as it happens, then horse race betting online is always there at your convenience.

Checkout over 100 sportsbooks at http://www.casinospokerrooms.com for horse racing odds.

The Grand National horse race is truly a thrilling and exciting event to watch. Due to its dramatic moments, even those who know nothing about horse racing flock to watch the event every year. Once you learn a little bit more about the Grand National, you will soon see why the event is such a big hit.

The Grand National horse race event was started in 1836. There may be some disagreements on the first official race, but 1836 is the year that is generally accepted. Each year, 40 horses take part in this event. The goal is simple. The horse that clears all the obstacles and crosses the finish line wins the race.

But although the goal sounds straightforward enough, the event is actually a very challenging race for the jockeys and the horses. That is because the obstacles are so very difficult to clear. All obstacles have to be cleared twice, except for The Chair and the Water-Jump.

If you do a little research on the event, you will quickly learn that throughout history, many horses and jockeys had been injured while clearing those obstacles. Perhaps that is what made the event so thrilling and exciting. Spectators are always holding their breathe in anticipation when a jockey attempts a difficult jump. In fact, the jumps are so challenging that even professional jockeys find it difficult to win the event.

For some people, especially animal activists, it is almost too cruel to watch the horses injure themselves during the race. For this reason, some of the obstacles have been modified to prevent unnecessary injuries. In addition, the horses don’t have to jump if they don’t want to. They can choose to go around the obstacles.

The general public love this event because almost anything can happen. It is not uncommon for horses that are not expected to win to come in as winners. They are able to do so because sometimes, the race becomes somewhat chaotic. For instance, jockeys may fall off the horses during jumps, and the wandering horses may obstruct other riders.

What does that mean if you are placing bets on the horses? It means that everyone has a good chance of winning!

If you are going to bet during the event, it makes good sense to look up on previous Grand National odds to study the trends. You will quickly discover that very few hot favorites come in as the winner. In 1967, Foinavon managed to emerge as the most dramatic winner of all time, winning the race with odds at a hundred to one.

The Grand National is a live telecast event, aired by UK domestic television. Even if you don’t place bets, you can still enjoy the event live on TV!

Betfair, a British firm introduced the betting exchange few years back and now the company has developed so rapidly that conventional bookmakers set the betting prices for many sports including horseracing. Therefore, bookmakers have to contact and consult the betting exchange to know about the happenings of racing in the betting exchange.

This betting exchange allows punters to place bets at odd sets. Members need to place back bets (regular bets on selection for winning) as well as lay bets (against the selection) that eliminate the role of a traditional bookmaker.

Betfair makes use of decimal odds. These codes are easy to calculate as compared to fractional odds. The bookmaking model thus brings two separate entities of opposing views. Therefore, it makes odds 20 % better as opposed to bookmaker’s odds. Betfair punters can also offer their own odds and company may charge a little commission on all bets that person wins.

The commission is mostly uniform for many markets, which is 5%, and it is possible for individuals to reduce the commissions to 2%.

Horse Racing On Betfair:

Select the horse: First, you need to select the class of horse in the betting exchange. If a horse had five races in one year then divide the total winnings of the horse in that year by the number of track races which it ran.

However, what if a horse has earned high amount, but did not participate in five races in a year, in such case divide the net earnings by the number of races it ran in that year. Select the horse that has the highest average winnings.

Select the jockey: Choose the jockey having highest winning percentage.

Trainer: Select the trainer having highest winning percentage.

Speed: Consider the highest speed of the horse in the last sixty days.

After choosing the horse, place your bet. Assign percentage to each horse and convert these percentages to odds. It means you need to assign 10% for the horse possessing the qualities as described above, and assign each 10% to other factors as well. Later add all these percentages with the percentage of the horse. You will think that the horse may get more than 70%, but most of the times the best horse does not even come closer to 50%.

You need to determine odds by transforming percentages into fractions and then compare them using the table on your computer screen.  For instance, you need to assign 1/2 fraction for the horse 50% value. It means you can expect the horse to win in the half time.

Betting:

You can back or lay on any figure on the exchanges and you can lay as well as back the same selection again. In fact, this is one best approach to back the chosen horse at may be 12.00 (11/1) and lay at 9.00(8/1), because you will still make money even if your horse loses the race. There are few other aspects, which you master only after participating in the betting exchange. Thus, this is how you can bet on horse racing in Betfair.

This is the third in a series of articles on betting on horse racing profitably through sensible money management.

I have so far discussed why looking for value in horses, rather than just betting on favourites is so important. This was in the first article in this series.

Then, in the second article I emphasized the point that if you’re not using a betting bank, or you do not have a structured staking plan, then you are playing with fire. In short, this is a big mistake when betting on horses.

One Of The Biggest Mistakes You Can Make As A Punter

In this article, I am going to examine possibly the most common mistake that punters make when betting on horses. This is one that perhaps all of us have been guilty of doing at one point or another, as the temptation can often prove too great.

So which mistake is it that I am talking about? Its chasing your losses.

The reason that I am dedicating a whole article to this one subject, is because it can literally take the shirt off your back as things can escalate so quickly.

Plus I know first hand how this can happen, as I did progressive staking (a posh name for chasing your losses!) several years ago, before I became the disciplined punter that I am today.

How Chasing Your Losses Can Spiral Out Of Control Quickly

The easiest way to illustrate this is by using a simple example: Let’s say a punter places £50 on a horse, and he loses. What happens next is the punter selects another horse in a different race. However, instead of placing another £50 on that horse, the punter feels the need to also win back what he lost on his first horse, and so places a bet of £100.

When this second horse loses, the punter is now down to the tune of £150, just like that. And so the punter selects another horse that is a dead cert to win its race, and its at a price of 2/1, so what does the punter do?

He doesn’t place £50 on the horse to recoup £100 and only be £50 down for the day, oh no. He chases his losses by placing another bet of £100, thinking that the £200 profit he’ll get will recoup his losses of £150, plus £50 profit. Right?

Well, yes, mathematically and theoretically that is correct, but let us examine this equation more closely to see what big mistake this punter is making by betting on horses in this fashion.

Do Not Break One Of The Golden Rules of Betting

In effect, what this punter is doing is placing a £100 bet to win £50, as this is the profit that he will make, factoring in the £150 that he already lost. Are you with me?

So this is like betting on 2/1-on favourite, where you have to put £2 on just to win £1 back. This is madness, as there is no value whatsoever in this bet and it goes completely against what I talked about in the first article in this series.

And that’s assuming that his third horse wins!

It’s a fact that good punters get use to; when betting on horse racing you are always going to go through a losing run, it may be two horses, five horses or more, but you need to weather the storm and this is done through the value horses I discussed in the first article in this series.

Even the best horse racing tipsters, the ones who work for newspapers and on television, have losing runs, and they’re as close to being experts as you will get. So we all go through it, and the secret is staying focused and true to your plan – not disregarding the plan just because a couple of horses have not won.

Speed Points is a very simple technique that could be incorporated in your horse racing system. It takes into account the horse’s speed performance and the trainer’s performance.

Speed Points rates the horse’s early speed. This method determines the frontrunners and pace setters of the race, particularly in the early stages, which helps you place your winning bet more accurately. In fact, early-speed horses can give you a 9-2 payment!

How to Compute for Speed Points

The computation for Speed Points is a simple matter of adding points for certain criteria and looking at the positions for the first call for the three most recent races. In fact, your horse racing system is simpler because of the uncomplicated approach to mathematical analysis.

First, assign 1 point to all horses. For sprints, add 1 point for a horse that has achieved first to third place and for a horse within 2 lengths at the first call; add zero if a horse performs otherwise.

And like any component of a horse racing system, there are exceptions to the rule. At 7 furlongs, horses get 1 point if they were first during the first call; and for routes, add nothing.

For routes, add 1 point for a horse that has attained first to third place at the first call; and 1 point if he is within 3 lengths at the first call. Add nothing for any other performance.

Exceptions to the routes rules: in sprints, add 1 point for a horse 1-2-3 during first call and 1 point for a horse within 5 lengths at first call.

If a horse has 7 speed points, add 1 bonus point if he was within a neck of the frontrunner. Conversely, deduct 1 point if a horse fails to beat half the competition at the first call.

How to Interpret

If you have previously grappled with the complex analysis of a horse racing system, you will find that the Speed Points method is in marked contrast. The rating system is basically just 0 to 8, 0 being the lowest and 8 the highest.

Horses rated at 7-8 are reliable speed leaders. Horses with a 6 or 5 rating are often close followers of the frontrunners on the first call, usually at only 2-3 lengths behind.

Horses rated at 4 have acceptable early speed points. They are also reliable speed horses though they are the borderline in speed points. Any rating lower than 4 renders the horse a poor bet, all other things being equal.

Where to Bet

This horse racing system can only guide you into choosing the horse with the best early speed. You still have to consider other aspects of the horse like class and fitness, as well as the jockey and the trainer’s past performance.

In fact, bear in mind that races are also equally influenced by weather and ground conditions, handicaps, and the type of race. Take all these human and non-human factors and you can come up with a sure winning bet.

However, if speed is your main consideration, then the Speed Points technique can work well for you.