If you didn’t know, sports betting is one of the biggest revenue makers within the online entertainment world. The first type of sports betting that was ever created (apparently) is actually horseracing, which started during the medieval times in England. There is a lot of contention as to whether or not horse race betting started and how it started, however, what’s important to know now is what horse race betting looks like in this modern age.
This article aims to serve as a beginner’s guide to horse race betting. It will first outline the importance of doing your research thoroughly, then why you should take the reviews and testimonies on the platforms that you find seriously, how to ultimately find a trustworthy bookmaker platform to bet on and then the importance of knowing horse racing and horse betting jargon. So, without further ado, it’s time to jump right into this tantalizing topic.
Do Your Research Thoroughly
The most important aspect of betting is doing your research thoroughly. This is the same, honestly, in any sport out there, however, it is particularly important when it comes to horse racing as there are a finite number of horses and races that happen – far fewer than NBA or NFL games, which means that horse racing is more finicky but also more lucrative.
You need to research quite a lot when it comes to horse racing, for example, the grounds and area that the race is happening at, the material the horses are racing on such as turf, mud, clay or grass. You must also keep a good eye on the weather conditions as this can make a big difference to the outcome of the horse race. Certain breeds do better in rainy conditions than others and this is something that you need to be aware of and include in your betting decisions.
Additionally, you also need to research how the horses themselves are doing and this means understanding their breeding type, their size, strengths and weaknesses and having an update on whether they have had any injuries in the past or currently have an injury. Beyond this, you also need to research the individual riding the horse, namely the jockey, and see whether or not they’ve been with that horse for a long time already, their past records and successes with that specific horse and whether or not they are doing well as a jockey.
Take Platform Reviews and Testimonials Seriously
Another part of the research strategy that takes you away from the horse and the jockey, is the platform. This will be further outlined below, namely how to find a trustworthy platform, but first, it is important that you research the reviews and testimonials of a platform.
You can either do this by manually inputting different platforms and then finding out whether or not they are advantageous or, if you are new to the idea of horse betting and don’t know how to navigate a task like this, you can instead look at professional review sites, such as BestBettingSites.com, which easily outline exactly how certain horse betting platforms are doing, advantages and disadvantages to platforms and the technological stance of the platform.
If you are somebody new to the idea of horse race betting, it might be a little bit easier to go for a review site, as the information is essentially already summarised for you by experts in the field and you don’t have to know the terms of horses and jockeys in as much detail.
Find a Trustworthy Bookmaker Platform to Bet on
Now, it’s important that you find a trustworthy bookmaker and platform to bet on. The bookmaker is essentially the person who places the bet, however, because things are a lot more digital today, it’s not the act of physically going to an individual and placing a bet but rather doing this through a digital platform for horse racing.
You first need to look at the reviews, mentioned above. But then, you also need to take responsibility into your own hands. This means that you need to understand digital safety and security and these will be seen as the best bookmakers for horse racing, as they ensure safety, security and transparency when you’re placing a bet.
Beyond this, it’s a good idea to go for a platform that is reputable and established and it’s been for a long time and this means that this site is likely popular and authoritative.
Know the Horse Racing and Betting Jargon
You also need to know all the jargon that comes with horse racing and horse race betting, as it has its own lingo, jargon and technical touch, which is paramount for you to understand. If you can understand the jargon that is being used, you’ll be able to make quicker decisions. You see, the world of sports betting and horse race betting moves at an incredibly fast pace, therefore, if you have to waste time going onto Google and trying to research certain terms, you will lose out on the opportunity to make fast and effective bets.
Player Responsibility
You must practice player responsibility when engaging in horse race betting. You have to understand that it is within your power to bet or not. Never invest more than what you have readily available and do not invest too much time – time management is critical. Remember that horse race betting is supposed to be a hobby and never become anything more.