Horse racing undoubtedly has a special status in the wide world of sports betting. Hardly any other discipline is so steeped in the glitz and glamour of the old days. Tradition and history play a significant role in horse racing. Even nowadays, attending a prestigious competition has its charm that is difficult to escape. It is not without reason that horse betting is one of the top-selling bets in the world.
So, which horse betting strategies promise tremendous success in the long term? What special features need to be taken into account, and which mistakes should be avoided? We have highlighted the best tip for your horse betting strategy for the following article
So what’s the excellent horse racing betting strategy? Dutching
Dutching is nothing more than a betting system, which aims to minimize your chance of losing a bet as much as possible. It consists of a technique to cover most possibilities in an event to take advantage of the unregulated quotes between bookmakers and their odds.
However, this action ends up diluting its profit, having a much smaller margin of positive balance, since it will somehow win, and in other markets lose. So, the strategy consists of catching an event, looking for the possibilities of defining an “x” market, and hunting for unregulated prices between bookmakers.
This method is widely used in horse racing, greyhounds, etc., which is a modality where it has very high odds, and possibilities to cover bets on favorites.
Example:
Odds for a race at Bet365 and other bookmakers:
- Horse 1: 2.20
- Horse 2: 4.30
- Horse 3: 6.50
- Horse 4: 12.00
- Horse 5: 18.00
- Horse 6: 20.00
- Horse 7: 22.50
- Horse 8: 25.00
In this example, your analysis found that Horse number 1 is the big favorite, but those who are more likely to race harder and beat the favorite are horses number 2 and 3.
Here, we use a calculator to accurately value the amount invested in each option and have a standard return, with any result of these selected.
Let’s say the amount we have to invest is $ 100.00. Here, we split different stakes in each option of the favorites to have a profit regardless of the result.
Horse 1: 54,55 | Horse 2: 27,27 | Horse 3: 18,18
In football, the premise would be the same. Let’s take a game between two teams supposedly balanced, but we considered some houses’ mismatches.
In the analysis, we understand that the home team is the favorite to the game and that a tie would be the closest option to hinder this result. We then look for the best options between houses, to do the calculation and have a standard return if any of these results are confirmed.
Example:
Manchester City 3.50 | Draw 3.30 | Liverpool 3.20 – Premier League
These were the best quotes found for each possibility of this event. If in our analysis Man. City has a great chance of winning at home, and a tie is another probable score; we calculate our investment value concerning the odds offered.
Advantages and risks?
This system is straightforward, and the risks and good possibilities we have with it are apparent. The advantage is that with very in-depth analysis, or even a good analysis of the event in the live option, we can cover any possibilities that would profit from what we consider the most likely outcome for the event.
Keep in mind, that like all other betting options, this method also requires a study of each game, so you can be aware of which possibility and which market to cover if your analysis has a problem. In all of these options, we seek the best odds available from bookmakers and place our money on those that can generate profit, according to our initial studies.
The big problem with this methodology was very evident. In the event of an “underdog,” we end up losing our money. Let’s say that this 100.00 is not a high value, but a unit of our bank.
Well, losing one unit is even expected. But we have to analyze that we also split our net profit by splitting the stake in more than one option. That is, we have to have a good percentage of correctness to have a profit in the medium/long term.
Horse racing happens more often than not a favorite wins this game. We saw there that the principal’s odds were very favorable, but no one would completely rule out a victory for the underdog. In cases of more evident favoritism, those odds would be well below what we have up there.
However, the important thing is to look for more “fat” prices, where there is a thorough analysis of what may happen at the event. Therefore, it will seek the best option, and in most cases, it will give us a better advantage, prompting a step forward.
Conclusion
When betting on the races, you cannot invest all your money in just one strategy or system. This rule corresponds to the saying: “You can’t put all your eggs in one basket.” Failure can always occur, and the system will be the loser. In this case, your bank will be empty and will make it impossible for you to continue playing. It is more reliable to distribute the bank’s amount according to different strategies, that is, to create a portfolio of strategies.
