Although you can find many profitable horse racing strategies on the internet and the tracks, only a few work—some of them can even be detrimental to you as a bettor, resulting in you losing more money than winning it. That said, how exactly do you know that a horse racing betting strategy works? Of course, by knowing that many people use it or, more specifically, even professional bettors use and recommend it.
Sure they’re not oracles or something, but these professionals have been in the game for a long time, so of course, they already know which of these strategies works and which doesn’t. Without further ado, professionals recommend some profitable horse racing betting strategies to bettors.
Scalping
This is a trading system where you can win small amounts fast. It’s very efficient if you’re currently on a losing streak and want to take back your losses a small amount at once.
So how does scalping work? In scalping, you’re essentially trying to predict movement ahead of the bookmakers. First, you will back a horse to win a specific race, and in another bookie, you will lay on that horse on a betting exchange.
The payouts might be a little low on this one, but it’s essentially a guaranteed profit. This is especially true if you’re looking to bet on the Pegasus World Cup contenders. This strategy is essentially foolproof since, as mentioned just now, it guarantees a profit.
Matched Betting
This one is very similar to scalping, but instead of using real money on two different bookmakers, you’re going to be using a free bet or some other promotions that the bookmaker offers. This strategy is very efficient if you’re trying to keep your bankroll alive, as you won’t use it for these bets.
It’s also excellent if you’re planning to bet on a huge horse racing event since most bookmakers will offer a lot of free bets during that time. Keep in mind, though, that even if it’s not illegal, a lot of bookies are aware of this strategy. They will likely limit your bet on their website if they find you out.
Dutching
Of course, the father of all horse racing betting strategies, or at least that’s what some people say since it’s arguably one of the most common strategies you can use in horse racing betting.
How does Dutching work? This strategy requires you to back multiple horses on a single race and calculate your odds and payout so that even just one of your bets winning will guarantee you a profit.
That said, you would have to compute your way into a profit. However, luckily for us, you don’t need to be a math whiz to use this strategy. There are a lot of formulas that you can find on the internet that you can use.
Back-to-Lay Trading
Certain horses tend to perform the same in all of their races—a pattern, specifically. This is very good from a betting perspective since you can match your bet according to this pattern and secure a considerable payout. One approach you can take is to use a simple back-to-lay trading system.
What we’re looking for in this strategy is a horse that tends to have a massive lead at the beginning of a race. These are front-runner or pace-setter types of horses who tend to be in the front for over half of the race but often come up short or, should we say, run out of gas on the final few meters of the race.
Although it is frustrating to back them on betting, they can also be a nice setup for a back-to-lay trade. It would help if you backed them before the race started. Then, we put a lay price on them at a certain level which we’ll be hoping to be matched in play. Usually, we only put on 50%, which means that if a horse is 10.00 at the start, you will put a lay of 5.0.
80/20
If you’re not feeling the strategies above, you could do the 80/20 system. This is like back-to-lay trading, where you will find a horse that starts good and fades away at the back at the end of the race. However, your bet should be divided into 80% and 20% instead of lying. 80% is for backing the horse because with a massive lead at the beginning, they still have an excellent chance to win, but just in case they puff out, your 20% will be for betting which place they will finish with.
Final Words
These strategies are quite common. Even if that’s the case, they are recommended by many professionals since they still do work and will mostly guarantee a profit. Some can only be used in specific circumstances, so you should look for that.
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