Horse Race Betting Systems
Many punters like to have a plan when they make bets at their favourite horse racing betting site, so they rely on horse betting systems. The belief is that horse racing betting systems enable punters to pick winning horses on a more consistent basis. This thought is debatable, but that has not stopped people from inventing hundreds of different betting systems for horse racing. Here is a look at some of the more common systems used by punters today:
Short/Coming Off Layoff – Some people like to look for horses that were just short of winning their last race, and are coming off of a long layoff. The idea is that the horse was on the verge of being a winner, and then got a long rest period, so they should be better than ever now. You can look at racing programs and information online to find out how many lengths a particular horse lost by, as well as the layoff period to see if they would fit into this betting system.
Race Day Odds Drop – Handicappers have difficulty predicting outcomes in horse races with a lot of unknown contenders – especially Maiden races – so some lines change on race day. For example, if ‘Galloping Midnight’ was listed at 9/1 odds leading up to the race, then had their line changed to 13/2, they would fit into this system. Punters who notice these race day line changes like to bet on the unknown horse with rapidly improving odds. The thinking is that those around the track are expecting a big race out of the horse, and it has a good chance to win.
Surface Change – When a horse has switched surfaces, the common reason why is because the trainer thinks the horse will do better on the new surface. For example, if a horse switches from turf to dirt, the trainer is confident that the change will bring about improved results. So some punters center their horse racing betting systems on looking for horses that have recently made a surface change.
Jockey Change – One easy statistic for punters to look at is the winning percentage of a jockey. Jockeys with high winning percentages not only have a good track record, but they are also choosing to ride good horses. So if you see a jockey that has switched to a traditionally non-winning horse with long shot odds, the logic is to bet on them. After all, the winning jockey might know something that the public does not, and they would not choose a horse with absolutely no chance of winning.
Speed/Close to Rail – One more horse betting system worth mentioning involves searching for horses with good speed that faded towards the end of a race. If they are starting closer to the rail this time around, the improved position may be the small change that they need to win the next race. This is especially true if you are getting a decent potential payout due to the odds.
Should You Pay For a Betting System?
Since many punters desperately want to win, businessmen have capitalized on this by offering horse racing betting systems that rely on complicated mathematics to predict winners. Some of the betting systems even make outrageous claims that state you will win hundreds of pounds a day by using system X or system Y. In reality though, no horse betting system has ever been proven to offer guaranteed profits to punters. So if you are thinking of buying a horse betting system, avoid the ones that make unrealistic claims, and do not purchase really expensive ones either.
Bankroll management is not a betting system, but it can definitely help punters be smarter with their money. Most horse racing bankroll management plans revolve around deciding what percentage of your money should be risked on a single race. Punters with smaller bankrolls, such as £1,000 or less, normally stick to betting 5% of their bankroll on a given race. Following this system with a £1,000 bankroll, you could make both a £25 Win bet, and a £25 Place bet in the same race.
Serious punters who have much larger bankroll, such as £10,000 or higher, tend to wager a smaller portion of their money on a single race. For example, a professional punter with a £50,000 bankroll might only wager 2%-3% of this amount in a single race because of how much money they are dealing with.