Horse racing is one of the first ever activities that man thought wagering might spice things up and there have been countless accounts from the Roman era, of bets being placed on horses. However, before stirrups made their appearance in Europe, around the middle ages, horse racing took place with chariots, usually led by more than one race horse. Despite their long history, horse races have stood the test of time by remaining a well respected sport to this day, although some obvious changes have taken place. Gone are the chariots and the many horses accompanying them, as a single rider (jockey) now leads his horse against his competitors in the race tracks, while betting on horse tracks is now organized through respected sportsbooks, who in many cases sponsor major events.
Types of races
Flat racing. This is the most predominant type of race around the world, given that it is the fastest and according to fans, the most action filled one. In order for a horse to win, it must be have the highest amount of pace and stamina. The length and surface of the track differ from one to another, what has remained the same though since the Roman times is the oval shape of the track, that allows for high speeds. Some of the most famous British flat races include the Ascot Gold Cup, 2.000 Guineas Stakes and the Epsom Derby, also known simply, as The Derby.
Jump Racing. Also called Hurdling, is a type of race where horses must jump over certain obstacles (fences or ditches) placed on the track. They are really popular among horse punters in Britain, where they are referred as National Hunt racing. Many different horses compete on these races, including stallions and mares, juveniles and veterans, while they are usually categorized as: Hurdles, Bumpers & Steeplechases (or chases). The most renowned Jump Racing tracks, include the Grand National, Champion Hurdle and the classic but highly commercial, Bet365 Gold Cup.
Harness racing. This type of horse racing has lately been losing ground in Europe and are now limited to taking place in France and Scandinavian countries. It bears close resemblance to chariot racing, given that the jockeys ride a small two wheeled cart instead of the horse’s back. These races are generally slower paced compared to normal horse racing and can be found on only a few betting firms.
Horse race betting markets
Betting on horse racing is truly exciting, as the time you spend researching the various market changes and finding inside information on a horse’s form, can really pay off. Underdog wins happen all the time and this is why you will rarely see clear cut favorites, odds wise. The most common betting options are the following:
Win: You must correctly predict the winner of the race. This bet might be a bit hard to come through, however it will offer you a hefty payoff.
Place: Choose a horse that will either finish first or second in a seven horse race.
Place Forecast: Correctly pick which two horses will end up in the first two places. You need not accurately predict which horse will win the race and which one will finish second.
Forecast: Similar to Place Forecast, only this time you DO have to correctly pick the winner and the second horse.
Trio: You must select three horses that will finish in the first, second and third place, in any order.
Tierce: Like the above, with the added difficulty of having to predict the exact order of the first three horses.
Quartet: Pick four horses that will end up in the first four places, regardless of order.
- Quadro: Likewise, correctly predict the first four horses of a race, at their exact order.
Roll win: Correctly pick the winning horses in two or three races. The odds are quite high on this bet.
Roll Forecast: Like the simple Forecast bet, you must correctly pick which horses will finish in the top two places, in two or three separate races.
Accumulator: Like on countless other sports events, you can place various bets from different races on the same betslip.
Quadrella: This bet is quite hard, but well worth the risk. You must correctly predict the winner on four consecutive races.
Straight Six: Like the Quadrella, only this time you must do this for six consecutive races.
Tips on how to win
Regardless of how well informed or lucky you might be, a bettor’s first and foremost concern while wagering should be the boookmaker’s credibility, payout and abundance of markets. This means that before you decide to make a deposit and start placing your bets on the tracks, you should find which betting firm best suits your needs.
Following that, we must note that there are no loss proof strategies associated with horse betting, however there are a few ways of gaining an advantage against the bookie. You can use the live streaming feature in order to memorize which horses make a slow start and an impressive comeback, or which horses tend to tire in the final hundred meters. Also, make sure to pay attention to the various remarks of the commentators, as they can prove to be the best horse racing tips and make sure to check the horse racing results from the same day.
Finally, you should note that the higher a jockey is placed on the worldwide ranking, the better his chances of winning are. This has been statistically proved for 90% of the times, however the same thing does not apply as far as horses are concerned. A pre match favorite has a 33% chance of claiming the victory, which explains why underdog betting punters are so fond of horse races. This is even truer on the first races of each day, as betting companies have no way of knowing which horse might be on form.