There are many out there who find much enjoyment from betting on the horses or betting on the greyhounds, but for the beginner, it can all be a bit confusing. This article provides a guide to winning on the horses and winning on the greyhounds, so that you can more confidently place your bets and hopefully come out on top.
The lower the odds, the less money you receive if the horse wins. The odds don’t necessarily mean that that horse or greyhound is the best in the race, just that it has had the most money placed on it by punters. You should always look for value when placing a bet, as there is no point placing a bet just for placing a bet’s sake.
Look at the racing history of a horse or greyhound. Its previous form will provide a good guide as to how it may run in this race. If the horse or greyhound has won or placed in a lot of its previous races, and other horses in that race have placed behind them, there is a higher probability that the horse or greyhound with the better form will prevail again.
When betting on horses or greyhounds, another consideration is pedigree. If the parents of a horse or greyhound were both winners, there is a high chance that their offspring will be talented horses or greyhounds.
You should also analyse the trainer and jockey. Larger more successful trainer’s and jockeys will be attached to generally more successful and talented horses. There are exceptions to this rule, but if you look at all the big carnival races, you will generally see the same jockeys cropping up year after year.
Betting on horses and greyhounds can be a fun way to win some extra cash, or a full time living if you have the time or patience. Placing exacta (choosing the first two horses to finish) and trifecta (choosing the first three horses to finish) bets on a race can ensure a bigger payout.
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About the Author
Hamish Jones is the Editor and Owner of Best Business Deals, an online research for business and gambling entrepreneurs.
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