Avoid these mistakes when betting on horse race

Thorsten Steins | 23 June, 2023 16: 46 | Last updated on: 28 June, 2023 16:12

Betting on horse racing is a lot of fun, every day of the week there are horse races all over the world, and especially in the United Kingdom. Whether it's horse racing at Ascot, Newmarket or Kempton, every day there are fun bets to put in the online casinos or betting offices on horse racing. The nice thing about horse racing is of course the exciting competitions, the nice names and the very high quotes that can be won when betting on horse races. But with people who start betting on horses there are always recurring mistakes that are made, read here which mistakes you should avoid when betting betting on the horse races .

There is nothing wrong with betting on the favorite. If you follow horse racing, you can estimate whether the favorite horse (horse with the lowest odds) actually has the greatest chance of winning. However, if you have no idea which horse to bet on, then it is generally not worth betting on the favorite horse. The favorite wins poorly 1 in three times. This is often lower than 3. However, if the favorite wins 1 in three times, and the odds are 3. Then you always play break-even over a long term. You bet 3 times on a horse with quote 3, if you win 1 (1 in 3) then you win 3 dollars, and you have your bet back.

However, often the odds of the favorite are much lower, sometimes as much as 1.60. Then you turn a long-term loss because the horse wins an average of 1 in three times. However, sometimes the horse is the real favorite and has a better chance of winning than 1 in 3. However, you should be able to estimate this.

Therefore, betting blindly on the favorite is likely to cost you a lot of money in the long run. Therefore, go to the online gambling on horses, do not blindly rely on the given quotes.

If a horse is called Panty Raid, That's watshesaid or Junkinthetrunk then it is soon tempting to take a chance on a horse with such a crazy name. Still, it is not smart to bet on a horse, purely for the name that the horse has. The name of the horse has very little to do with the character of the horse. And especially very little to do with the quality of the horse compared to the other horses that participate in the race.

Therefore, never bet on a horse purely for the name but for the quality of the horse. If the horse also has a name like Waikikamukau is only nice!

Bankroll management (BRM) is key! Whether it's poker, betting on horse racing, betting on football or other sports. You should always stick to BRM . As the saying goes, Never bet on 1 horse. And then we are not talking about betting on several horses in 1 race, but not betting all your money on 1 race. No matter how much you believe that a horse wins a race, the outcome can always be different. Therefore, stick to vezodiacal bankroll management, and make sure you can absorb the blows involved in gambling. The best horse may fall, have a lesser day, or some other reason why it doesn't win. Always keep this in mind.

Therefore, always keep 40 to 50 times the bet behind your hand. This way you prevent all your money from going up when it comes to a weekend with the horse races. And of course, always remember: only play with money that you can miss.

No matter how good a horse may be, and no matter how good The Shape of the horse, a bad or inexperienced jockey can completely ruin a racehorse's race. Therefore, always check which jockey the horse is preparing.

Novice and inexperienced jockeys in particular have difficulty building a race. As a result, it may be that she rides too early, causing the horse to lose too much energy. On the other hand, it also often happens that these types of jockeys fall too far behind, which means that it takes too much energy to get the horse back on track.