Horse betting can be a fast and fun way to make extra cash. However, it’s not as simple as it may look and there are a lot of considerations to take into account when looking into horse betting systems.
First of all, don’t always bet on the favourite. The favourite may be the safe bet but it’s not the best bet.
Second of all, decide what type of bet you want to place. There are straight up bets which include bets to win, place or show. A bet to win means that the horse wins; a bet to place means that the horse gets first or second; and a bet to show means that the horse gets first, second or third.
There are also exotic bets which can be a little more confusing. An exacta bet means that you predict the horses finish first or second in that order. A quintella bet means that you predict which two horse place first and second, no matter what the order. A trifecta bet predicts the first three finishes in the right order while a superfecta bet means you predict the first four in the right order.
Of course, exotic bets pay out more than straight up bets because they are harder to predict.
Furthermore, the best way to choose a horse is to pick a horse in the middle with odds such as 8/1. This will ensure that you make good money if they win (or you bet right) but do not lose a huge amount if you choose the wrong horse.
In any case, horse betting systems are a gamble so before you place a bet, you need to understand the system and the consequences of a loss.