Horse Race Betting Strategies for Dummies

 

Image Source: pixabay.com

 

 

A lot has been said of what horse racing is all about–a centennial sport, games of the kings and the world for legal gambling. However, only a few decoded on how to win in it when it comes to betting.

True, every player has their own strategy on how to analyze the odds of the races. But what really are the basics a fresh starter bettor should know on how to win at horse racing?

Here are the basic strategies that can be helpful to the new players:

1 Know how to decode the racing forms

One of the most important skills a newbie should develop is honing their handicap. Handicapping is a process on which you can determine which horse has the best chance in winning a race. This is where your creative intelligence will be challenged. How you see things. How you analyze things.

To do this, you need to familiarize the Daily Racing Form (DRF) which you can purchase online or upon entering a race track. The form has all the stats and figures you need to analyze for your bet. Papers like a racetrack program and handicapping tip sheets are important too.

2 Take consideration the race distance

This is one of the biggest factors when it comes to betting. The shorter the track, the faster the race finishes. But if these horses are placed in an unfamiliar longer track their performance differs.

Be mindful of the horse’s capability when it comes to distance, pace, and speed. These factors will definitely help you who wins.

3 The ‘track bias’ taking into account the track and weather

Just like human races, a horse’s performance will also take into account the track and weather. Although these thoroughbreds are trained well for any kind of race, they get used to their training grounds. It would be of everyone’s interest if a trainer decides to enhance its horse performance from a speck of dirt to a turf track.

Add in to your analysis on how a horse performs in any type of weather. This natural factor will mess with a horse’s capability if they’re not used to it.

4 Look into the race history of your chosen horse

It is not in every race wherein a horse gives their 100% of ability which is why it’s a very good strategy for handicappers to look into the race history. By looking into it, you will see the pattern depending on where the horse comes from and if the size of the purse is large enough for them to exert its full strength.

Just like humans, there are also instances that a horse still gets into a race in a bad condition and may have not shown its full capacity on track. These little things matter.

5 Look at the horse post position

In previous horse races, you will see its previous race post and most likely the same in its entered races. It has been a proven analysis that those who are favorable are the ones placed on outside posts in sprint races and the inside post takes the lead on longer furlongs.

6 Be familiar with the different types of bets

There are 8 basic options for betting, you have the ‘Show, Place, Win’, Quinella, Exacta, Trifecta and Superfecta. Familiarize the following before placing a pot of money to your horse/s of choice.

  • Show – your horse can get 1st, 2nd, or 3rd and you win

  • Place – your horse can get 1st or 2nd and you win

  • Win – your horse must get 1st to win

  • Quinella – bet 2 or 3 horses to finish 1st or 2nd, in any order

  • Exacta – bet 2 horses that must finish in 1st and 2nd in exact order

  • Trifecta – bet 3 horses that must finish in 1st, 2nd, and 3rd in exact order

  • Superfecta – bet 4 horses that mush finish in 1st, 2nd, 3rd, and 4th in exact order

7 Keep on track of the odds

Aside from the 8 basics mentioned above, knowing the odds is one of the easiest ways to determine who wins a particular race. Tracking it will give you information on who the other thinks the fastest and how much they will divide from their payouts once the horse wins.

One way to keep track your odds is signing up to some sites like https://www.tvg.com/promos/kentucky-derby/kentucky-derby-odds.html which will show you the most updated and sometimes a real-time record of the contenders.

These are just a few of the basics one should know when they’re new in the field. Since we live in a digital world today, more of these are available online. There are workshops and seminars available too for your taking for you to improve your wagering skills. All you need to do is find the right and best betting site for you.

The form book records that the 1947 Grand National was won by Caughoo, a small, unheralded 8-year-old owned by Dublin jeweller Jack McDowell, trained by his brother Herbert and ridden by Eddie Dempsey, predominantly a work rider, completely unknown outside of Ireland. His victory was, in itself, remarkable enough.

 

Neither horse nor jockey had previously raced in England, never mind over the National fences at Aintree but, belying his 100/1 starting price, Caughoo defeated Lough Conn and fifty-six other rivals – including such luminaries of the day as Prince Regent, Revelry and Silver Fame – by 20 lengths and further in a common canter. British Pathé News reported the end of a “grand Grand National”, but the finish of the race was just the start of a controversy that was to last for five decades or more.

 

The weather at Aintree on National Day was foul, with rain and thick fog reducing visibility to a few hundred yards, at best, and the going was heavy. Caughoo had won the Ulster Grand National at Downpatrick in 1945 and 1946, so was not without ability, and had been set to Aintree in the hope that a change of scenery would rekindle his enthusiasm. However, few people expected him to complete the National course at all, let alone in such a fast time.

 

Astonishingly, one of them, Daniel McCann, rider of the second horse home, Lough Conn, accused Eddie Dempsey of ‘lingering’ at the twelfth fence – the last fence before Melling Road – on the first circuit and rejoining the race on the second circuit, having failed to jump at least half of the thirty obstacles. A row broke out in the bar, during which Eddie Dempsey was assaulted by McCann – who subsequently served time at Her Majesty’s pleasure – and, although the court case brought by McCann was dismissed, it wasn’t until 1999, 10 years after Dempsey’s death, that evidence came to light vindicating horse and rider.

 

At that time, the Irish Mirror obtained photographic evidence of Caughoo jumping Becher’s Brook on two separate occasions. Peter McDowell, son of owner Jack McDowell, said at the time, “Caughoo was a good little horse and won the National fairly. We always knew that. We have pictures to prove it.”

 

Legend has it that, prior to winning the 1928 Grand National on 100/1 outsider Tipperary Tim, some joker told amateur jockey Mr. William Dutton that the only way his mount could win was if all his rivals fell. That may or may not be true but, either way, in a bizarre twist of fate, Tipperary Tim was the only one of the 42 runners to negotiate all of the National fences without mishap and came home a distance clear of Billy Barton, who had been remounted after falling at the final fence.

 

 

Owned by Harold Kenyon and trained by Joseph Dodd, Tipperary Tim was apparently named after Tim Crowe, a Tipperary native who was, for 15 years, Irish cross country champion.

 

 

The 1928 Grand National was run in treacherous foggy weather conditions on bottomless ground. Problems began at the eighth fence on the first circuit of the 2¼-mile course, known as the Canal Turn, which, in those days, featured a ditch before the fence itself. One of the classier horses in the field, Easter Hero – who would go on to win the Cheltenham Gold Cup in 1929 and 1930 – stood off too far and jumped into, rather than over, the fence, causing a melee from which just seven horses emerged with their jockeys intact.

 

 

Rather than taking the fence diagonally, Mr. Dutton, a solicitor by trade, had plotted a longer, but safer, course around the outside of the Canal Turn, so Tipperary Tim was still standing. By the time the field reached the twenty-ninth, and penultimate, fence, only three horses, Great Span, Billy Barton and Tipperary Tim, in that order, were left standing. Great Span departed with a slipping saddle, leaving Billy Barton in the lead, briefly, but the new leader parted company with jockey Tommy Cullinan at the final fence, leaving Tipperary Tim to gallop on to an unlikely victory.

 

 

Coincidentally, the 1929 Grand National was also won by a 100/1 outsider, Gregalach but, since then, only three more horses at treble-figure odds – Caughoo in 1947, Foinavon in 1967 and Mon Mome in 2009 – have won the Aintree marathon.

 

 

 

 

In April, 2012, Paul Nicholls had won the National Hunt Trainers’ Championship for the last six years running but, after 52 attempts, had failed to win the highest profile race in the National Hunt calendar, the Grand National. However, on April 14 his luck changed, when Neptune Collonges, owned by John Hales and ridden by Daryl Jacob, snatched victory by the minimum margin in the final stride of the Aintree marathon.

 

 

Sent off at 33/1, despite having failed by just a neck to overhaul Giles Cross, who was receiving a stone, in the Betfred Grand National Trial on his previous start in February, Neptune Collonges made headway from mid-division heading out on the second circuit and, by the time the field reached the twenty-seventh fence, also known as “Booth”, was on the heels of the leaders. Only third jumping the last fence, he looked beaten when Sunyhillboy took the lead at the Elbow but, switched to the outside in the closing stages, bore down on his rival to win by a nose in a head-bobbing, pulsating finish. It was, in fact, the closest ever finish in the history of Grand National.

 

 

Seabass, ridden by Katie Walsh, finished third, a further 5 lengths away, having found no extra when headed at the Elbow. Nevertheless, in so doing, the gelding made Walsh, who was having her first ride in the race, the most successful female jockey in the history of the Grand National.

 

 

Neptune Collonges, for his part, became only the third grey, after The Lamb and Nicolaus Silver, to win the Aintree spectacular. His victory also secured yet another National Hunt Trainers’ Championship for Paul Nicholls, who said of him, “He got there at the right time and that’s what counts. This has been a race we haven’t had the best of luck in, but it’s great to win.” He also added, “If it hadn’t been for Denman or Kauto Star, then he’d have won a Gold Cup.”

 

 

John Hales announced the immediate retirement of the winner, as he had intimated before the race, saying simply, “He’ll never race again, that’s it.”