After you’ve learned everything you need to know in order to properly bet on the races, it’s time to know the secret step everyone wants to know – how to bet on horses and WIN. While luck, like in any other game of chance, is required, you can heavily tip the odds in your favor if you perform some in-depth research before betting.
Now, not everyone has the time, effort or even skills required to do this effectively so you’ve got some shortcuts available as well – analysis and research made by experts, delivered to you.
Today we’ll talk about both self-made research and one that’s performed by someone else, which you can then get for yourself. Both are excellent options and which one you use will depend on your availability and style of play.
Without further ado, let’s take a look into the best sources, tools, methods and everything else that you need if you want to know how to bet on horses and WIN.
Follow these 3 steps closely and you’ll be on your way to successful betting and profitable results.
Before anything else, you’ve got to choose your preferred method. Now, you can work with a combination of both, but it essentially boils down to two paths:
After choosing a method, you’ve got to get everything you need to ensure that you ace it. Let’s see how you can do this below:
To ensure that your results are as accurate as possible, you need to get the best sources of information, the best tools and the best services. While it might be difficult to find them, after decades of expertise I’ve got to know some truly excellent ones whether you’re going to do the research yourself or not.
All of these are excellent sources of tools, tips, knowledge and coverage that will help you dramatically improve your chances of winning and making a profit.
Now that you’ve got the method and the tools to support it, there’s only one thing left to do to achieve perfection: practice. It’s cliche, yes, and you’ve heard it a thousand times already I’m sure but there’s a reason for it – it truly works.
If you’re a beginner, start with small bets just to test your newly built strategy out. You can even use “paper money” or no money at all first and just see if you would have won and how much money you would have made. Think of it like a test-run of your strategy before going for the big league.
If you’re an advanced bettor, then you can start with whichever stake you’re comfortable with. Just make sure to start slow too so you can analyse and test your strategy before putting down some real money and making some big profits.
Now that you know the essential steps, let’s take a closer look at how to bet horses successfully. These are some of the most often asked questions about the subject and we’ll be going through their answers, ensuring that you’re left with all of your doubts cleared and are absolutely ready to go win.
This is a tricky question. Picking a winning horse is fairly simple – you go with the favorites and there’s a decent chance you’ll hit a winner – but due to the horse being highly favored, you’ll get a pretty mediocre amount of money back (often you put in 20 bucks just to get 5 back in profit, for example). As you can see, even though backing the favorites answers the often asked question of “how to win horse racing bets”, it doesn’t answer the more important one of how to actually make money while doing it.
The secret on how to pick winners in horse racing that make you money is to find and bet on those that, through research, you’ve discovered to have a fairly solid chance of winning even though the odds are against it. This will allow you to bet on a horse with highly attractive odds and on the chance that it actually wins, you’ll get a huge payout (for example, betting 20 bucks to get 200 in return). It’s riskier, yes, and if you do it blindly you’re guaranteed to lose but if you do the necessary research, you’ll be swimming in profits. This, in my opinion, is how to truly win at horse betting – let’s dive deeper below:
The more riskier horses that have a slim chance of winning are called long-shots and even though some people bet on them blindly and hope for the best, they can be a fantastic way to turn a profit if you do your own due diligence. Learning how to handicap horses, for example, is an excellent way to discover these opportunities. Handicapping takes effort as it’s often complex and extensive so many people rely on the opinions of professional handicappers instead, in order to make their betting strategy much faster and easier.
In my opinion as a veteran of the sport, you need to either learn how to handicap yourself or get a professional handicapper’s research if you want to truly master how to pick a winning horse at the racetrack. It’s the only way to beat the bookies and make some serious money.
I’ve already written an article on how to handicap horses (one of my best to date, in my opinion), but in short, these are the researching steps you’ve gotta take:
By going through those factors and progressively eliminating horses that don’t fit the bill, you’ll get an ever-tighter list of possible winners and quite accurately find the real winner. Out of your final selection you try to find a horse that has attractive odds (as in, the bookies didn’t set it as a favorite) and then bet on it. And that, ladies and gentlemen, is how to bet on horse racing and win like a pro.
Making money on horse racing, as mentioned above, can be done in 2 ways – slow and steady or quick and risky – let’s take a look at both.
The slow and steady way to make money on horse racing can be achieved by using lower stakes, highly favorable odds and sticking with the favorites. The type of bet can change accordingly too, opting for choosing which one will lose, for example, instead of which one will win. Although the odds are extremely favorable and you’ll quite easily win, it’ll also mean that you’ll earn very, very small amounts of money for how much you put in. Doing your own research and getting professional guidance (tips, among others) is a great way to further solidify your chances and find out which of the favorites you want to back (or if a possible upset is possible, which would lead to much larger profits as we’ll see below).
The quick but riskier way to make money on horse racing is not only achieved by raising your stakes but also by, through in-depth research and due diligence, finding a solid long-shot that has extremely attractive odds and will land you a mountain of profit if the horse wins. Handicapping is a huge part of being able to identify long-shots that are worth the risk and essential if you want to learn how to make money betting on horses this way. Doing it blindly can make you a lot of money but you can just as easily lose it all, so you’re better off relying less on luck and more on research and expertise. As I’ve said previously, it’s a fairly complex art and takes real dedication, time and talent so if you don’t have the time or patience to learn it yourself, you can always get a professional’s take on it.
Finally, this is a question I get very often by both friends and readers. Lots of people just want to know how to win big money on horse racing. The truth is, if you want to win big, you need to risk big. Although a variety of strategies, methods and tactics can and should be taken to dramatically lessen the risk, there’s always one factor that you can’t shake – luck. Don’t get me wrong, luck without research will lead you to ruin very quickly but even with the utmost best research backing your bets, you always need a touch of Lady Luck’s approval so hey – try not to upset her!
In short, it’s easy – choose a method, shape it into perfection with the best tools and knowledge and then put it into practice and keep improving it. This is what true winners do and any decade-old betting veteran will tell you that it’s exactly what they’ve done to achieve success.
I’ll be here if you need anything, just leave a comment or send me an email and I’ll answer as fast as possible. Thanks for reading and as always, good luck!