Help on how to win money at horse racing
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Almost every country today holds it's own horse racing events. In Ireland there are numerous horse racing events held throughout the year in many counties. Some of the most popular ones are Fairground Grand National, Punchestown, Curragh, Galway but to name a few.
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Story of Horse Racing
It is said that in early eighteenth century three Arabian Stallions imported from the UK were bred with native horses in Ireland to produce better quality horses. So in some way all racehorses are distantly related.
Types of Horse Racing
There are five types of horse racing used today. They are Flat Racing, Point to Point, Steeplechase, National Hunt/Jump Racing and Hurdle.
- Flat Racing : This is racing over a distance. It is usually measured in furlongs. It usually takes place in the summer months as the weather is always better. The type of ground could be natural grass surface (turf) or synthetic surface (for all types of weather). Note : 1 Furlong = 220 yards.
- Point to Point : This could be described as Steeple Chase racing for amateur riders. During the Spring and Autumn in Ireland horses run over fences in the country farmlands. It is not a designed training ground, it is the rustic countryside at its best.
- Steeplechase : This involves horses having to jump over various fences in different sizes and some ditches all on a flat surface.
- National Hunt/Jump Racing : This can be done any time of the year but November to April is the most popular months for it to take place. Horses matured slowly and who are aged between 4-5 years take part in this type of racing. The distance is 2 miles and there are a number of obstacles they are required to jump over.
- Hurdle : This is racing were horses jump obstacles (hurdles) that are 3 feet 1 inches in height and there can be a minimum of 8 hurdles in a race. This race is run over a flat surface.
How to pick a Winning Horse
When deciding to pick a horse to bet on there are a number of things you should consider.
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- Just because it is a favourite with the bookies doesn't mean it could win.
- Make sure you do your research on who you plan on betting on. There is no point putting any amount of money on a horse if he/she hasn't been considered as a contender.
- Go online to the sports section of newspapers and see what tips each reporter is giving on the horses competing. You will see a trend on the most popular horses and this is your template to start with.
- Also go to different gaming websites that let you bet online and see what the odds are and who is the favourite according to them. Each online gaming site might have different odds and this could work in your favour giving you more or less if the horse you pick wins.
- When you have narrowed it down to your favourite horses, you decide how much you want to bet. Beware if the horse you picked doesn't win, you lose your money.
- If you are a beginner in horse racing I advise you to start small. Most online betting sites let you deposit as little as 10euro to begin with. So I suggest betting no more than 1euro or 2euro at the beginning. Then if you lose this, it doesn't feel like a lot.
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Understanding How Odds Work
When you see these odds 9/1 and 14/2 in relation to horse racing, do you know what they mean.
When you see 9/1 odds on a horse it means that if you bet 1euro on the horse you will get 9euro plus the 1euro you bet back. So your winning will be 10euro. If you bet 5 euro, you would get 50euro back. You multiply 5euro by 9 which is 45 and add your 5 you bet to get your 50euro.
This is the same theory with 14/2. What happens in this situation is you divide 14 by 2 which is 7. You bet 1euro so your winning will be 8euro.
It's as simple as that. So if you see a horse with odds 30/1, it means they are the furthest away from winning so bookies place high odds on them winning.
Conclusion
Horse racing is like any other sport, as long as you have some idea of what is behind it and you know how to pick the best from the bunch you always have that chance that the horse you pick might be a winner.
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