Gambling is today one of the most watched sports in the world, as well as one of the biggest problems to battle if you are not careful. Equestrian sports is one of the earliest modes of gambling, present way before the time of casinos, and enjoyed by elite members of the society. In fact, it was a thing of social status to be able to watch a race decked out in one’s finest clothing although today it is a little less pompous however still popular. For the seasoned gambler, it does not take much to place good bets; however, everyone needs to start somewhere, so here are a few basics to start off with.
KNOW YOUR BETS
As with anything, learning the basics of a subject and grasping those basics correctly will go a long way. When it comes to latest Australian horse racing news or anywhere else in the world, there are different types of bets you can place. If you have barely watched a race, it can be hard to bet as there is technical jargon involved which can confuse you, giving the edge to someone else. Learn about the type of bets and the differences between them, for example Win, Place, Across the Board and Show to name a few.
Once you have understood the basics of the actual betting in itself, it is time for you to learn how to pick your horses. Once again, if you are planning to bet seriously, merely having watched a race or two is not going to get you anywhere. In the industry, choosing horses is known as ‘handicapping’ and this too has a technique you need to master if you hope to actually get some profit. It can be confusing to get your hands on reliable information as there hundreds of sites and books on the subject, all which are not entirely accurate. Although luck does play a big role here, knowing the performance of each horse previously as well as understanding the programme can be a game-changer.
Just as different grounds and weather can affect any type of sport be it football, cricket or rugby, when ti comes to advice for horse racing globally, there is just as much of an impact. Different horses perform differently, and certain tracks are more conducive to a win than others. Understanding which horses have performed best on what tracks will help you work out a much needed pattern to place a successful bet.
GO WITH THE PROS
Of course it would be great if you have enough confidence in yourself to go out there and poke in the dark till you get the hang of it, however if you happen to have any friends or family who are old-hands at this, it will give you much higher chances of succeeding and saving times rather than trying to find a foothold. Go for a few races with them and ask questions. Observe, and watch how they play the game to pick up some tips and tricks. Above all, exercise self-control and know your limits!