General Horse Betting Tips
By: Richard Bleuze
The most important horse betting tip that I can provide is to bet only on horses you feel have a good chance of winning. If you don't like a horse, don't bet on it.
I suggest the following if you are to be successful in horse betting:
1. Give preference to winners.
2. Choose a horse that has won before.
3. Avoid betting on a horse that has just moved up in class.
4. Give an extra point to an experienced jockey on longer distance races. A jockey's ability assumes greater importance as the distance increases. In longer horse races, distance of longer than 1-1/8 miles, an experienced jockey will usually fare much better than a jockey who is lacking in the experiece. as well.
Also, give an experienced jockey on a hurdle race will more often than not help you be a winner.The reason being that a jockey's ability important in a hurdle racing because no matter how fast the horse is if the jockey falls off or the horse pulls up, the race for that horse is over. There is not even a possible second or third place.
5. Look for value odds as much as likely winners. If you keep looking for them, you will learn to spot them fairly quickly. Look for a horse that has a fair chance of winning and is not overly backed. This is usually a good value bet in the long run. On odds of say, 8:1, you need to win once in eight attempts to break even. Anything more is net profit. Horses backed heavily by touting services and computer handicappers may win more often, but are usually poor value bets.
6. The bookmakers are very well informed and have a very long experience in determining the odds. Bookmakers starting prices are usually excellent indicators as to which horses are likely to be among the first three in a given race. It is always a good value bet and in the long run you should make a profit.
7. When the track is slow or heavy, give preference to fast starters. Slow, muddy and heavy track conditions usually favor the horse that takes an early lead.
8. If a horse is heavily backed just a few minutes before the start of the race and his odds are sharply reduced, bet on it. This is a strong indication that somebody has reliable favorable information about the horse that nobody else is aware of.
9. When making a selection, always give preference to a horse that ran recently. A horse that has not raced for several weeks may have suffered some setbacks like an injury or an illness.
10. Above all else, practice money management. Place bets on the starting funds that you have set aside for that day based on a certain percentage. I recommend 1 to 2% of your starting funds.
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About the Author:
Richard provides articles and information on horse betting on his website at http://www.bettingthehorsesonline.com
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Major racetracks
Major horse racetracks in the U.S. were opened
- at Fair Grounds in New Orleans, Louisiana in 1853;
- at Saratoga Race Course in Saratoga Springs, New York in 1863;
- at Pimlico Race Course in Baltimore, Maryland in 1870;
- at Monmouth Park Racetrack in Oceanport, New Jersey, opened in 1870;
- at Churchill Downs in Louisville, Kentucky, opened in 1875;
- at Aqueduct Racetrack in the Ozone Park neighborhood of Queens in 1894;
- at Oaklawn Park in Hot Springs, Arkansas in 1904;
- at Belmont Park in Elmont, New York, just outside New York City on Long Island, in 1905;
- at Fairmount Park Racetrack in the St. Louis suburb of Collinsville, Illinois in 1925;
- at Hialeah Park Race Track in Hialeah, Florida, near Miami in 1925;
- at Arlington Park in the Chicago suburb of Arlington Heights, Illinois in 1927;
- at Santa Anita Park in the San Gabriel Valley community of Arcadia, California, in the Los Angeles area, in 1934;
- at Keeneland Race Course in Lexington, Kentucky in 1936;
- at Del Mar Racetrack in the San Diego suburb of Del Mar, California in 1937;
- at Hollywood Park Racetrack in another Los Angeles suburb, Inglewood, California, in 1938.
Thoroughbred horse racing in the United States has its own Hall of Fame in Saratoga Springs, New York. The Hall of Fame honors remarkable horses, jockeys, owners and trainers.
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