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It goes without saying that there are those who bet on the Melbourne Cup and never bet again until the next one. Then there are those who like to have a punt each and every day. It doesn’t matter what type of bettor you are, if you are betting on horse racing, you want to make some money.
This list is intended for punters who want to develop a consistent winning strategy, whether it is for the metro carnivals, the country tracks, or some combination. So let’s jump right into the main topic without wasting any more time and you can find some awesome free horse racing tips.
1• Never Wage More Than You Can Afford To Lose
Those glossy-eyed dreams of sweeping a meeting and picking long priced runners need to be abandoned. Our recommendation to gamble with money you can afford to lose is because you will make more informed decisions if you are not under any psychological pressure to win so as to pay the rent or cover other financial obligations.
Each of the online bookies allows members to set up betting limits in various ways. Even if you do not require this, it is a good idea to set up your bank in advance. There is always the possibility of revisiting and revising any limits set later. When it comes to making a decision, a little caution at the beginning is worth 50 regrets in the future.
2• Form Guide Knowledge
It takes experience to learn to handicap a race field, even if it starts out low and rises with experience as you learn how certain horses perform against one another, track conditions, field size and distance. By doing so, you may be able to avoid backing the wrong horse.
In races where you are not participating in a wager, you cannot lose a punt. You shouldn’t be concerned if you turn out to have missed a lucrative race that would have earned you a good deal of money. A new race will be held and then another and then another.
3• Limit Bet Amount
As mentioned in the first tip, this ties in with it. If you want to set this limit per race, the online bookies will provide you with this option, but you should think carefully about how much money to allocate to this. In general, you should not wager more than two percent of your wagering fund on any given race.
You should never bet more than $20 per race if you set up a bookie membership with $1,000. There is no limit on how many punts you can make on one race, because most bookies offer ridiculously low minimum wagers, allowing you to have 20 bets on one race without exceeding the two percent limit. Keeping in mind that we aren’t suggesting you place 20 wagers on one race, but just pointing out that you could without threatening to exceed.
Final Thoughts
In order to be successful when betting on horse racing, there are a few other important tips to consider, but because of the length of this article, we cannot include them all. We may have overlooked other important tips to win a horse race to include in this article, so please let us know if we did.
