How to win with basketball betting and trading

Want to know how to win with basketball betting and trading ideas? Looking to beat the bookies? Then you are in the right place?

The National Basketball Association (NBA) is the biggest professional basketball league in the world. It will come as no surprise to discover the origins of the sport can be traced back to the United States. Basketball was first introduced in the late 1800’s by physical education teacher, James Naismith as an alternative sport to football, with less injuries being the key selling point.

Basketball betting

NBA

Basketball became very popular in colleges around the USA, with established leagues in place before the professional game was created. The sport spread across the world and the NBA was established in 1949, becoming a multi-million dollar sports league by the end of the century and huge part of American culture.

As basketball continued to grow in the USA, games were being televised across the globe and people started watching the sport from around the world. As online gambling developed, fans of the sport took advantage of the opportunity to bet on NBA games. Basketball betting and trading increased in popularity.

Online NBA betting is now a huge market and millions of people enjoy using NBA betting tips and strategies to get the best out of their basketball betting experience.

Popular Events on Which to Bet

The NBA is the biggest basketball tournament in the world and therefore attracts the biggest amount of betting activity. However, you are not restricted to betting solely on the NBA. There other leagues and tournaments which may be of interest when basketball betting.

National Basketball Association

This is the elite basketball competition in the world and therefore, you will find the greatest choice of betting markets are available for the NBA. The NBA is split into two conferences (Eastern and Western), with three divisions of five teams within each conference. Each team plays a total of 82 games during the regular season, offering plenty of betting opportunities.

The NBA Playoffs

Eight teams from each conference will make the NBA playoffs, making sixteen teams in total. The teams are seeded and will play a best of seven game series against another team, based on their seeding. The winners progress to the semi-final series and then onto the Conference finals, with the two remaining teams competing in the NBA Finals, which is also a best of seven series. The NBA playoffs are an exciting time for basketball betting and different to the regular NBA season.

NCAA Basketball

Basketball betting with NCAA

NCAA

The NCAA is men’s college basketball in the USA but do not be fooled into thinking this is small-time basketball. This is where basketball was born and NCAA basketball is massive in America, presenting plenty of betting opportunities throughout the season. Look out for March Madness, when the 68 teams who have made the field are revealed and the bracket created.

European Basketball

The quality of basketball in the top European Leagues has increased substantially over the past 15 years. The Spanish ACB league is a good example of this and teams like Real Madrid and Barcelona have some excellent players, producing high scoring games. The Polish league and German BBL have adopted the same approach as American basketball and this results in more entertaining games and increased betting options.

The Main Basketball Betting Markets

There are several basketball betting markets to choose from and with online NBA betting being so popular, all the top bookmakers offer basketball markets. Here are the most popular betting markets, for the NBA and the other leagues mentioned above.

Moneyline – Simply choose which team you think will win the game.

Spread – The bookmaker will give one team a points advantage at the start of the game and the other team must win by more than that number of points. It’s similar to a handicap bet in football.

Winning Margin – Which team will win or lose and by how many points.

Result After Period – Choose which team will be winning at the end of a chosen period of the game.

Total Points – Will the total number of points scored in the game be more or less than the total chosen by the bookmaker.

Futures and Outrights – Which team will win their division, conference of championship?

Basketball Betting Strategies

As a beginner, you do not want to start throwing your hard-earned money at basketball betting, without knowing exactly what you are doing.

A great starting point is “Basketball Betting: Must Read to Avoid Loss” by Matthew Tuward.

This guide sets out loads of useful statistics that came from reviews of 700 websites and also provides a template spreadsheet to keep track of your basketball betting.

Click here for full details about how to get this guide to basketball betting.

There are many good NBA tips and strategies which will help you make the best bets possible. While winning is never guaranteed, by implementing the following basketball betting strategies, you will be giving yourself every opportunity to win.

This provides professional tips from a community of experts who have demonstrated long-standing success and is well worth checking out for anyone looking to win with basketball betting..

Click here for more details about the Z Codes sports predictions and picks.

Use What You Know

Do you have some favourite NBA teams you enjoy watching regularly? If the answer is yes, then these teams are a good place to start when betting on the NBA. You know the strengths and weaknesses of these teams, you know their players and tactical approach to games and you will have a decent understanding of their division. Use this knowledge and begin your online NBA betting adventure by limiting yourself to the teams you know. You may be tempted to bet on every game but initially, this will only result in losses.

Keep a Record of Your Betting

If you are determined to become a profitable NBA bettor, you must keep a record of all the bets you place. This will allow you to review your betting history and is one of the best basketball betting strategies to follow. Make a note of the date, betting market, bookmaker, your stake, the odds and your profit/loss. If anything untoward or very unexpected happens in the game and it has an impact on your bet, make a note of it. By doing this, you can look back and see which betting markets you are making money with and which are losing you money. You can tailor your NBA betting depending on which markets are proving profitable and concentrate on them, leaving the worse performing markets out of your future betting activity. Whenever you start a new sports betting system, we always recommend “paper testing” it for a while before you start using money to get a clear idea if it is going to work.

Home Court Advantage

If two teams are playing which are closely matched, check out the home and away form of both teams. In the NBA, home advantage has been analysed and is worth roughly 2.3 points. This means, if two well-matched teams are playing each other, there will be a 4.6 point swing. Prior to a game, analyse the teams as if they are playing on a neutral court and add the 2.3 points, to decide who should have the edge. Home court advantage mainly comes about because of the influence of the crowd, on both players and the officials.

Analyse the Situation

The NBA season consists of many games and one of the best NBA tips and strategies to employ is situational analysis. There will be times during the NBA season when teams must play games on the road and these can be two games in succession, one night after the next. Check the statistics and see how teams cope in this situation. Do they often lose on the second night? How do teams perform when playing their first game on the road after a long run of home games? Studying and keeping a record of this information will help you to find value throughout the NBA season.

Basketball Trading

Basketball betting markets tend to be quite volatile and odds can change very quickly. For a beginner, this can be a little off-putting but you must stick with it because it will present you with some good opportunities to trade out for a nice profit.

Laying the underdogs at half-time when they are winning, is a popular NBA trading strategy. Check the previous records of the teams and if the underdog is winning, especially by a margin of around 10 points, against a team with a winning record, it’s a good time to lay the underdog, as the favourite should come back into the game in the second half.

The same principle applies to the total points market. Check the half-time total points and see if they are under or over the average of what both teams have been achieving throughout the season. If the total seems low, the teams are likely to produce more points in the second half.

Summary

The popularity of online NBA betting has increased around the world over the past ten years. Coverage of the NBA is huge and it’s possible to watch many games online and bet at the same time. The wealth of statistical information available is huge and much of it is free, so you can easily pick out trends and spot where teams strengths and weaknesses lie, before placing a bet.

Utilise the NBA betting tips and strategies above, to give yourself the best chance of making a profit. Set yourself a bankroll, do not bet more than you can afford and open accounts with several bookmakers, to find the best odds for each bet you place. If you are going to be serious about your online NBA betting, evening the smallest different in the odds will add up over time.

Most importantly, have fun when betting on basketball and do not forget to use basketball betting strategies to increase your chances of winning.

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Cricket betting and trading strategies

Looking for cricket betting and trading strategies? Want to beat the bookies with some cricket betting?

Whether it be Pakistan vs India, Kent vs Somerset or Sydney Thunder vs Adelaide Strikers, you will find great betting opportunities on many professional cricket matches around the world. Every form of the game is covered by the bookmakers from Test Matches, One Day games and Twenty20 cricket but how did cricket betting first come to prominence?

A Brief History

You must go back to the 1600’s to find the first signs of cricket betting and it’s thought betting on cricket was the reason behind the Gaming Act 1664, which limited betting the amount one could stake to £100. This may not seem like a large amount of money today but in fact, it’s the equivalent of over £10,000 in today’s money and goes to show just how popular cricket betting was, even back then.

Things have changed drastically since and rather than having to bet on matches at the ground the match is being played, it’s now possible to take part in online cricket betting. This has opened the world of cricket betting to everyone and with so many exciting markets to choose from, millions of punters worldwide are trying to beat the bookies.

Popular Events on Which to Bet

With so many cricket matches taking place across the globe, a day doesn’t go by without a betting opportunity. However, there are several competitions which are worth following when cricket betting because they offer the biggest choice of betting markets. This means, you have the greatest choice of events on which to bet during the match. The cricket events to look out for include:

The list of events above, covers all forms of the game, so whether you are a fan of Test Match Cricket, One Day Internationals, Twenty20 Cricket or County Cricket, there is something there for you. You are guaranteed a great choice of markets on all these events and the individual matches within them.

The Main Cricket Betting Markets

The introduction of online cricket betting has seen a significant increase in the number of cricket betting markets available. This is partly due to live betting being introduced, which allows punters to bet on even the smallest detail, such as the outcome of the first delivery a new batsman will face when arriving at the crease. However, when you are getting started with cricket betting, it is best to use the basic betting markets first.

Cricket betting onlineMatch Betting

This is the simplest way to bet on cricket. It involves betting on which team you believe will win the match. So, if England are playing South Africa and you think England will win, you will place your bet on England. It is very straight forward but when you are trying to beat the bookies using match betting, be aware that some will only pay out after a specific number of overs have been completed, so keep this in mind.

Outright/Series Winner

This cricket betting market is designed for you to pick the team you believe will win the tournament or series they are contesting. It could be the Ashes Series of Test Matches or the Indian Premier League for example. Obviously, there are only two teams to choose from when selecting the winner of the Ashes Series whereas there are a lot more in the Indian Premier League.

Top Bowler

As the name suggests, this cricket betting market involves choosing the player you think will finish as the top bowler. You can predict which player will finish with the most wickets in a match, tournament or series.

Top Batsman

This is like the top bowler market mentioned above and you must predict which player will finish an innings, match, series or tournament with the most runs. Both this and the top bowler market can offer better odds than match betting and keep the excitement going throughout the match, tournament or series, even if the team you bet on to win is losing. To make money on the top batsman market, keep a close eye on the match as the odds change quickly and there are often cash out opportunities that you can take advantage of.

Live Betting

When watching cricket live inside the stadium or on television, you will see bookmaker offers being flashed in-front of you and many of these involve live betting. With online cricket betting proving so popular, bookmakers were forced to introduce new and innovative ways to bet on cricket and live betting allowed them to do this. There are several betting markets to choose from, with the most popular being the following:

Method of Dismissal

This market is deigned to predict the way the next wicket will fall in a match. Will the batsman be bowled out, caught out, given LBW, stumped or run-out?

Runs from Next Delivery

Thanks to online cricket betting, it is now possible to place a bet on every delivery during a match. This is strongly discouraged as it will lead to big losses if continually used but can be fun for the occasional bet. All you must do is predict the number of runs which will be scored from the next delivery. This is not a market that we recommend, because it is purely guesswork. No one can have any inkling how many runs will be scored from the next delivery. This market caused a lot of controversy in the cricket match fixing scandal, which led many to believe that cricket betting was a scam. This is not the case and happily, match fixing is extremely difficult. Bookie Gambler Fixer Spy is a wonderful description of the world of match fixing and the illegal bookmaking industry.

Total Batsman Runs

When a new batsman comes to the crease, you can bet on whether they will score above or below a given number or runs during their innings. This bet must be placed before they face their first delivery and cannot be changed after it. Always look for a batsman who is on good form and a bowling attack that is below par when making this bet.

Handicap Betting

This is useful when two teams come together and one has a distinct advantage over the other. For example, if India were playing Zimbabwe at home, the Indians would be considered as strong favourites but it’s not as easy to implement handicap betting on a cricket match, as it is other sports. Therefore, handicap betting in cricket is usually reserved for the second innings of a restricted overs match, when a team is attempting to overcome a specific number of runs.

Cricket Trading Strategies

With a sound knowledge of the cricket betting markets available online, you can start looking at potential cricket trading strategies, which will help you when placing your bets.

Bookmaker Offers

The first thing to consider are bookmaker offers. This is not a strategy as such but if you want to beat the bookies, search for any bookmaker offers relating to cricket. The best time to do this is when big tournaments are being played or when you first sign up at bookmaker’s website. Many online bookmakers will offer you a free bet when signing up to their website and you can use this for your cricket betting.

Statistics

If there is one thing cricket is famous for, it’s statistics. Even when playing at village level, every ball bowled is recorded in the book. There is a wealth of cricket information available for free online and you should use it before placing bets. For example, if you are considering betting on the top batsman market during a One Day International, check which players are in form with the bat. Furthermore, check if there are any batsman who enjoy playing at the ground the match is being played. If someone has a great record when playing at a specific ground, they could be worth backing, even if they have been out of form. Its opportunities like this, which present the best odds and potentially, the greatest winnings.

Pitch Conditions

The way a cricket pitch is prepared can have a significant impact on what happens during the match. Listen to the pitch report, which will always be given before a live televised match, as this will give some insight as to how the pitch is going to play. Does this pitch usually favour batsmen, fast bowlers or spin bowlers? Has the wicket been prepared to suit the strengths of the home team? All this information is available and will give you the edge when attempting to beak the bookies.

Bet After the First Innings

When betting on 40 and 50 over matches, it can be difficult to predict what a good run total is until at least half-way through the first innings of the match. Concentrate on the innings runs market during this period of play and analyse the way the wicket is playing. Having done that, you can form a strong idea on what is going to happen in the second innings and place your bet accordingly.

Twenty20 Specific

When attempting to beat the bookies using cricket trading strategies, one of the best forms of the game to do this, is Twenty20 cricket. Due to the nature of this form of cricket, teams try and hit as many boundaries as possible, all the way through their innings. This does not happen in any other form of cricket and can result in high batting totals or low batting totals, which can be backed at very good odds before a match starts. Study past results at the grounds at which the match is being played and bet high or low depending on this information and current form of the teams and players.

Lay both sides in a Twenty20 Match

You need to be signed up for with Betfair or Betdaq to use the Lay both sides strategy. Before the match starts, look for 2 teams who are considered to be reasonably equal. Lay them both for around 1.75. You might not get matched straight away, but in most Twenty20 matches, each team have their good moments where their odds fall dramatically, even if it is just temporary. This is especially true after a wicket or a few boundaries. Once both teams have matched, your card will “green up” and you are guaranteed to beat the bookies who ever wins.

Assume there is a match between England and South Africa and you lay £100 at 1.75 on each team. Once matched, you have a liability of £75 to pay out when 1 team wins, but you will receive £100 when the other team loses. Therefore you are certain of being £25 to the good.

Summary

Cricket trading strategies are easy to implement, if you are prepared to spend time using the information available to you on the internet. Online cricket betting is great fun and can make you a nice little profit, if done sensibly and using the markets and strategies discussed above. Remember to always set yourself a limit before you start cricket betting and stick to it. This will ensure you have a long and successful cricket betting experience.C

Golf Betting and Trading Strategies for success

Looking for tips and advice on Golf betting and trading? Read on for the background on golf betting and some great strategies.

Is there any better sound in sport than a driver coming into contact perfectly with a golf ball, sending it down the middle of the fairway?

Golf is a majestic sport and a game very much like it, can be traced back to the Netherlands in 1297, making it one of the oldest sports on the planet. However, the sport of golf we see today, has its roots in Scotland and was first referenced in Scottish history in 1457, as being a distraction from archery practice for military personnel.

It’s unclear when betting on golf started, but with the spread of golf around the world, it soon became very popular and tournaments were being contested amongst the best players.

Modern golf is a multimillion pound industry and the best professional players earn huge money by winning tournaments on the PGA and European Tour. Golf betting has also grown and it’s now possible to bet on any professional golf event taking place thanks to online betting. The choice of markets available on which to bet continue to expand and new and innovative ways to bet on golf are being introduced regularly, which keeps things very exciting for those who love to bet on the sport. It’s possible to bet on anything, from who will win the Open Championship to which player will get a hole in one.

With golf being played for 12 months a year, you can guarantee to find something on which to bet and there are some great events on which to stake your money.

Popular Events on Which to Bet

The most popular golf events on which to bet are no doubt the four major tournaments. These take place between April and August every calendar year, with three being staged in America and one in the United Kingdom.

golf betting at the mastersThe Masters

This is the first major golf tournament of the year and is played in April, at the Augusta National, Georgia. The Masters is considered by many to be the most prestigious golf event of the year and is the only one to be played at the same course annually. Therefore, you can find plenty of relevant statistical information about this event, which relates to both the tournament and the course and this makes it a great tournament on which to bet.

golf betting at the us open 2017US Open

The second major of the year, the US Open, is perhaps the most difficult tournament for the players, as the course is often set-up to be very difficult. The rough is often thick and difficult to escape from, which makes accuracy off the tee an important factor to consider. Look at the players who have good driving accuracy before placing a bet on this event.

Golf Betting at the British OpenOpen Championship

The third major of the year, the Open, is the oldest of all four and the only to be staged outside of the USA. Although the tournament is rotated around several venues, it is always played on a links course, near the coast and this presents its own challenges. The weather conditions can be very testing so take this into account when betting, as players who do well in the wind may have an advantage.

Golf betting at the US PGAUSPGA Championship

The final major of the year sees the world’s top players return to the USA and this event often sees players win with low scores compared to many other tournaments. A look at the statistics for winners between 2012 and 2016, shows a score of 10 under or lower being required to win the tournament. Indeed, in 2015 Jason Day finished 20 under par.

Outside of the four majors, there are PGA and European Tour events taking place almost every week and these are also great for betting.

The Main Golf Betting Markets

Tournaments such as the four mentioned above, will have the greatest choice of betting markets available. You can also add the Ryder Cup to that list, which is a team tournament contested between the United States and Europe. There are many markets to choose from when betting on golf but as a beginner, it is best to start with the following:

  • Tournament Winner – Which player you do believe will win the tournament?
  • Each Way Betting – Do you think a player has a good chance of winning but may just fall short? This will pay out even if the player you have backed comes second or third*
  • Top 10 Finish – This involves backing a player to finish in the top 10 come the end of the tournament.
  • First Round Leader – Who will go into the clubhouse as the leader after the first round is complete?
  • Top Nationality – What will be the nationality of the winner or which country will have the most players in the top 10?
  • Hole in One – Will there be a hole in one during the tournament?

*If betting each way, make sure you know the rules of the bookmaker you are using, as not all bookmakers will pay out for the same number of places. For example, some will pay out if your player finishes fourth whereas others will only pay out to third place, so always check this before placing your bet.

Tips to Help Betting on Golf

There are a few things you can do, which will help you when betting on golf. They are very straightforward and will give you the edge when deciding on which players to bet in the next tournament.

Player Form

Following the form of players will give you the best chance of picking the winner of the next tournament. Which players have been finishing inside the top 10 in recent tournaments? If the player you are considering to back to win the tournament has failed to finish inside the top 20 of the previous five events, this is a good indicator you should be looking to stake your money elsewhere.

Course Form

Some players enjoy playing at specific venues more than others. Most golf courses on the PGA and European Tour have been used many times before. Check the history of which players have performed well on each course, as this can give you great insight as to who will be feeling confident going into the tournament. Different players also prefer different styles of golf course, so always keep this in mind when betting on golf.

Inexperienced Players

It’s best to stay away from inexperienced players when betting on golf. Winning a first tournament on the PGA Tour is a massive moment in the career of every golfer and the pressure is huge. Winning a PGA Tour event guarantees a place on the tour and allows players to relax, whereas for those who haven’t, the pressure is different and therefore their odds are high. You will be tempted to back inexperienced players based on their odds but when you find yourself about to place the bet always remember, their odds are that high for a reason and backing them will only see you lose money in the long term.

Golf Trading Strategies

For beginners, golf trading can seem quite daunting but having seen an example, you will soon realise how easy and enjoyable it can be. Golf trading involves using both a bookmaker, such as William Hill, or betting exchange, such as Betfair, backing a golfer at a certain price and laying him (betting against him) later in the tournament, at a different price. The outcome being either a profit or a free bet.

Golf Trading Example

Adam Scott is playing at a golf course on which he has enjoyed success in the past and is set to go out early in the first round. He is on offer at 24.0 and if he starts well, this is only going to drop so we place a £50 bet on him to win the tournament, with a potential £1200 profit if he wins.

He makes a great start and his odds shorten to 4.0 at the end of the round. We can now lay against him using the same stake of £50, which leaves us with a liability of £200 if he wins. This £200 will come out of the £1,200 if he does win, leaving us with £1,000 total profit.

Green Screen

From here, we are presented with another option, known as Green Screen, which will allow us to win an equal amount of money, regardless of who wins the tournament. To do this, we need to divide up the £1,000 potential profit by the odds of 4.0, which is £200. You can lay Adam Scott for £200 and whatever the outcome of the tournament, you are guaranteed to win £200.

Summary

Golf trading strategies may seem a little overwhelming to begin with so perhaps the best thing to do, is to become familiar with the game first. Making use of an experienced tipster is also a very good idea. Place several dummy bets before one of the big tournaments, such as the Masters and follow each of them through, exactly like the example above and keep a record of what you did and the outcome. Having completed this a few times, you will have the confidence to do it for real. Don’t forget to use the tips above when selecting your bets, as these will give you the best chance of finding good value and making the most profit from your golf betting and trading.

 

Ultimate Guide to Betting on Horses

This guide to betting on horses is just what you are looking for if you want the background to horse race betting with some great tips and strategies too.

For many, horse racing is the epitome of betting and vice versa. If you have ever been to a race course in the past, you are sure to have seen the tic-tac man, brightly dressed using hand signals to communicate the odds of various horses to potential punters. A day out at the races is simply not complete without placing a bet on the horses.

As many people inside the race course have no emotional attachment to the horses, unlike football fans for example, the excitement of the races comes from betting money on the potential winner.

A Brief History of Betting on Horses

We can trace the history of horse racing as we see it back to the 17th century. Horse racing itself goes back much further to Roman times and the 12th century. Horse racing also has strong links to royalty and this helped to promote the sport and led to development of breeding horses specifically for racing purposes.

In the 19th century, transport links, technology and the spread of information meant horse racing was being enjoyed by millions of people and newspapers started to cover the races in much greater detail. This lead to an increase in betting on horses and professional, on-course bookmakers soon began to appear.

In the early 1960’s, betting away from the race course became legalised and betting shops started to open. Some 30 years later and with increased television coverage and the arrival of the internet, online betting became the most popular way to gamble on horse racing and it continues to thrive today. Betting tips and online betting guides have become the go to sources of information for those looking to bet on horse racing.

Guide to betting on horses with bet majestic

National Hunt Racing and Flat Racing

Before betting on horses, it’s important you can distinguish between National Hunt racing and Flat racing. National Hunt racing involves jumps and horses must clear these jumps to win the race. Flat racing sees horses race across flat ground, with no obstacles.

Popular Events on Which to Bet

There are a huge number of horse races taking place throughout the year, both in the UK and the rest of the world. Thanks to modern technology, it’s possible to bet on hundreds of races in the UK, with many taking place daily. This makes betting on horses very easy to arrange. It’s also possible to place bets on horse races taking place elsewhere in Europe and further afield, such as Dubai and the USA. However, there are several events which remain the most popular for horse racing and they include the following:

Cheltenham Festival

This is the biggest racing festival in the UK and it takes place every year, usually in March. There are plenty of races held over the course of the week and you will find some great value bets available, in addition to bonus offers from bookmakers. There will be many betting tips and online betting guides published for this event, giving you great insight into the horses and their chances of winning.

Betting on horses at Royal AscotRoyal Ascot

Another fantastic festival of horse racing, Royal Ascot takes place in June each year, with races taking place across five days. Again, you can expect to see some excellent offers coming through from bookmakers during this event.

Glorious Goodwood

Staged annually in late July or early August, Glorious Goodwood is considered the sporting and social highlight of the flat racing season. This is another fantastic week of horse racing, offering the chance for punters to bet on races across five days of thrilling action.

Betting onHorses at the Grand NationalGrand National

The Grand National is the one race which captures the imagination of those who would not usually place a bet on horse racing. It has become a tradition in the UK for people to place a bet on this race, which is held at Aintree. There is much excitement leading up to the race and again, you will find a great selection of betting guides and tips available online to help you decide where to bet your money. Betting on horses at the Grand National is now a national obsession.

Epsom Derby

Commonly known as simply ‘The Derby’ this is the UK’s richest horse race and considered to be the most prestigious. The race is a great event in the sporting calendar and enjoyed live on television by people all around the world. It’s difficult not to get caught up in the excitement and place a bet on this race.

The Best Tipsters for Betting on Horses

There is so much to take into consideration when betting on horses that many successful online punters take advantage of the tipping service when placing their bets. This gives you an expert’s suggestions for the outcome of a race and the best odds to aim for to ensure value. The tipsters will use statistics that are available to you, but they also have the benefit of years of experience and knowledge of which horses perform best at particular courses, which trainers are on form and how the going makes a difference at a race track.

Win Single

This is the most common wager and involves backing a horse to win the race.

Each-Way

This bet allows you to bet on a horse to win and place. Therefore, if you place a £5 bet on a horse each-way, the bet will actually cost you £10, which is £5 to finish first and £5 to place. Check with the bookmaker to see what places they will pay-out on as this can differ depending on the type of race and number of horses involved.

Patent

This bet consists of 7 different wagers, which are 3 singles, 3 doubles and a treble. This can be great if you can find three races where the each-way terms offer good value.

Trixie

Consisting of 4 bets, which are 3 doubles and a treble, many punters use this with horses who are fancied to run well but have short odds.

Yankee

This is a bet which is very much in the bookmaker’s favour yet remains popular. A Yankee features 11 bets across 4 selections, with 6 doubles, 4 trebles and 1 four-timer.

As you can see, when learning how horse betting works, there are a some factors to consider. The type of horse racing event, whether it be National Hunt or Flat, where the event is taking place and the type of bet you would like to place.

Tips to Help Betting on Horse Racing

You can use an online betting guide or betting tips to pick your selections when betting on horses but it’s wise to complete your own research. The following tips will help you when betting on horse racing:

  1. Read the race day program
  2. Find out what class the horse has been racing at recently
  3. Look at the past performance of the horse on similar surfaces
  4. Form of the jockey
  5. Do the odds represent good value?
  6. Is the weather changing?
  7. How is the horse behaving in the paddock? Is raring to go or does it look lethargic?

Horse Racing Trading and Betting Systems

With a solid understanding of how horse betting works, it’s time to look at trading and betting systems.

In truth, horse racing betting systems do not have a great history of success. Horses are animals after all and on the day, anything can happen. It is better to use the information on the internet to form your own opinion and although a methodical system can be a good approach, you should not rely on it for long term profit. Using the tipsters mentioned above is a fairly safe betting system, because they have great access to the statistics, but also specific knowledge from the yards and jockeys, which can be harder to come by.

Dutching in Horse Betting

There are many betting systems available for horse racing but one of the most popular is Dutching. This involves betting on more than one horse to win in a single race and thus guaranteeing a profit, as long as one of your selections wins. This is the best system to use when you have identified several strong runners in a race, but can’t quite choose which you think will win. Obviously, it is not as simple as that, otherwise everyone would be doing it to make money and herein lies the problem. Firstly, you must find a race where the odds for the horses taking part allow you to bet on them and make a profit. You cannot simply place a £5 bet on four horses, expecting to make a profit at the end of the race. You must take the odds for the horses and work out a stake for each of them, which will not necessarily be the same, to decide if Dutching will work for that race. It requires patience but you can use an online Dutching calculator, which will help you with the maths.

This is just one example of a popular horse racing betting systems and there are many others out there which you can try.

Lay the Field Horse Betting System

Another popular strategy for betting on horses in known as the “Lay the Field” system. You need to have an account with one of the betting exchanges and then, when you have located a suitable race, simply lay everybody.

There are many different variations to the lay the field plan, but the simplest is to lay every horse at slightly less than 2.0. This keeps the liabilities more manageable and, as long as you pick the right races, allows  for a reasonable success rate.

The easiest way to look at this strategy is with an example.

Choose a race with between 6-14 horses. On Betfair, lay every horse at 1.75 for £10.00. This means that the liability you have on the horse is £7.50. In other words, if the horse ends up winning (which one of them will), you will pay out £7.50 on that horse.

Make sure that you set the bets to “keep in play” so that they remain in place after the horse race starts. This is very important. You should set up your bets in good time before the race to avoid any last minute problems.

The chances are that none of your lay bets will be matched pre race, so stay calm and wait for the race to start. Once the bets are placed and set to keep, there is nothing else for you to do.

As the race begins, you will see that all of the odds are fluctuating. Moving up and down as the horse performs.

As the race goes on, Dobbin pulls into the lead. His odds have come down and the lay bet you placed at 1.75 gets matched. In other words, another online punter is prepared to back the horse at 1.75.

The current position is that if Dobbin wins, we lose £7.50, but if any other horse wins, we win £10.00

Then, as so often happens, the leader starts to slow.He has tired and Donkey picks up the pace. Donkey’s odds drop and your 1.75 lay on him gets matched too. Now, if Dobbin or Donkey win, we get £2.50. If any other horse wins, we get £20.00.

We have greened up by simply matching 2 lay bets. Happy Days.

But it can get even better at times. In a really close race, a 3rd horse may come into the reckoning. This time, Horses Head made a good late showing and was also backed by some one at 1.75. Our lay bet was matched.

Now, if Horses Head, Donkey or Dobbin win, we collect £12.50. If (unlikely) any other horse wins without our 1.75 being matched, we will win £30.00.

The only problem with this system occurs when one horse takes the lead and then goes on to dominate the race, with no one else going close. Suppose that Dobbin took the lead and then accelerated on without tiring. He would be the only lay bet matched and you would lose £7.50 on the race.

The benefit of the system is that you always know your maximum liability, because you can only lose one bet. Potentially, you can win many.

To reduce the risk of this, choose races where there are at least 6 runners and there is no very clear favourite. Best to have at least 2 or 3 horses close together in the pre match odds. This indicates that the race should be close and not dominated by 1 horse. Generally, this system works best on flat races too.

Summary

Betting on horse racing is something which is enjoyed by millions of people around the world. With so many races to choose from, often up to 30 daily, you will always find betting opportunities. It’s a good idea to use an online betting guide and betting tips before placing your wager but also take time to conduct your own research. With an understanding of the odds and the popular horse racing betting markets, you can employ a betting strategy, such as Dutching, lay the field, or come up with your own method using the tips above. Most importantly however, stick to betting what you can afford and have fun.