So What Then? Should you gamble according to unexplainable hunches and simply hope for the best?
There is a better option. Base your bets on information that you collect about the different horses and then make a calculated guess. I have listed here the 8 Golden Rules you should look out for when judging how good a particular horse will fair in the race you are going to bet on.

1. Check out the weather, and then check how the horses in the race fared accordingly. Certain horses have a tendency to outlast others in the rain, while others charge unstoppable to the finish line on cloudy days. Why? I don’t know, but what’s important is that its true, and it has worked for me.

2. Do not think that older horses run slower than three-year old ones as the season comes to a close. This is just not true. What you have to check is how many races each horse did run. Sometimes horses compete in too many races and this slows them down, but this has nothing to do with age.

3. Surprisingly, though you might think that there is a direct ratio between the weight of the jockey and how fast the horse can run, but this is not true. Since most of the jockeys weigh approximately the same, its actually the relatively heavier ones who manage to win.

4. Similarly, heavier horses can run faster than lighter ones, but only up to a point. A colt weighs about a hundred pounds more than fillies and thus they are more likely to win long distance races.

5. Just because a horse has new blinkers does not mean that the horse will run faster. I know this sounds crazy, but a friend I met at the horse-track offered me this piece of advice, and I had to refute it to spare the heartache from any who do fall for it.

6. Check the pedigree of the horses. Remember to keep whatever information you find. You can even buy one of the books on certain horses at your local bookstores. After you have gathered all the relevant information keep in mind that a colt doesn’t need as much of a pedigree as a filly to run very fast.

7. Don’t rely too much on pedigree at the lower class races. This is the place where those horses with a weak pedigree tend to shine.

8. Female jockies are starting to make a name for themselves, so don’t underestimate them when they race. Lately, they have been winning admirably.

Use the above 8 Golden Rules of Betting on Horses the next time you go to the track or enter an online sportsbook to place your bet so that your wager will have a better chance of winning.

Author Bio
Jack Reider is currently writing his PHD on the the reigns of Caesar and Augustus, but he also loves to frequent the race track and play poker. He created Gambling Portal – www.gambling-portal.com.

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Betting Exchanges

Try not to climb The Lay Ladder
In a previous article I wrote about your liability so I thought I would carry it on with some information about the lay ladder.

I first come across this idea when I got hold of a copy of the Bank Vault Report.

Briefly the ebook covers a stop at a winner in reverse so you stop at the first loser instead, but because you may have to go through a couple of winners to get there you still want to end up in profit.

The first thing to do is consider how much you want to win after you have a successful lay.

So let’s run a couple of imaginary races so you can see how this works, we will set our profit at £10.

Race 1. We bet £10.00 at odds of 2.00 our liability is £10.00 (2.00 – 1 X £10.00 = £10.00), unfortunately for us the horse wins, so we have lost £10.00 (Betfair does not charge commission on losses).

Now we go to race 2, but we have already lost £10.00 and we want to make £10.00 when we do win.

Race 2 The favourite is trading at 1.7 so we need to bet £20.00 which means our total liability is 1.7 – 1 X £20 = £14.00 we are lucky it is a cheap bet but unfortunately for us the horse wins as well!

We have now lost £10 on race 1 and 14.00 on race 2 and we still want to win £10 so on the next race we have to bet 10 + 14 + 10 = 34.00

Race 3 The favourite is trading at 2.4 so our liability is 2.4 – 1 X £34.00 = 47.60 its third time lucky for us and our horse losses it’s race, so our final stake splits down like this. 34 – 10 (loss from race 1) – 14 (loss from race 2) = £10 profit.

Unfortunately it is not quite as simple as that because now that we have won we have to pay commission to Betfair which if your new is 5% and remember you are paying it on the amount you won which as far as Betfair is concerned is £34.00

So 34 X 5% = £1.70 commission so your £10.00 profit becomes £8.30 if you had of won on the first race then the commission would have only been 50p so you must consider this when working out your next bet.

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You can reprint this article as long as all links are kept in place and the following is added directly underneath…

Malcolm runs two websites dedicated to horse racing systems, http://www.laybetting.com and http://www.horseracingsystemsuk.com, he also sends out a FREE daily tips news letter that you can join by visiting either of his sites.

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