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Some very important Rules for successful Horse Racing Betting Strategies

By: Staff

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Generally, horse punters are a unique breed. They tend to be superstitious and highly motivated to get that big score. The problem is that most horse punters have no idea how to generate profits on a consistent basis. This posting will address some general guidelines and betting strategies that should prove useful to the punters who are looking to move to the next level of successful punting on horses.

General Handicapping Guidelines

Everything discussed here will be based on the assumption you are going to use the online Ladbrokes horse race betting site and the applicable Ladbrokes horse racing betting odds, which are usually among the best odds available. Here are some general guidelines you can use to set yourself up for success.

1. Do Your Own Handicapping - No one ever got wealthy using information provided by touts. If you want to be a successful horse punter, it makes no sense to start off a loser because you paid for information that is usually wrong.

2. Put in the Work - Any handicapper worth their salt is going to invest a great deal of time developing a system that works for them. That includes preparing their own speed figures and looking at video tapes of past races. Like anything else, maximum effort = maximum outcome.

3. Set Wagering Limits Per Race - Never wager more than 3% of your bankroll on a particular horse and/or race.

4. Exotic Wagers - There is no denying that exotic wagers hold the key to big hits. However, exotics shouldn't dominate your betting patterns. If you want to bet on exactas, omni-swingers or trifectas, you are best served by wagering half of you per race allotment to win on your top selection and the rest on exotics. Many a punter has felt the sting of having a well-priced horse win, but gain nothing because the exotics didn't pan out.

5. Read the Rules - Remember with any system of betting besure to first adhere to the rules of the bookmaker. As seen in this example of Ladbrokes horse racing rules there is a lot of information to be aware of so be sure to find the rules section and read the fine print before signing up to a new bookmaker.

Betting Strategies

There are dozens of betting strategies that seem to have the support of at least a few prominent handicappers. However, there are only two that tend to bring consistent profits, assuming the punting is getting the best Ladbrokes horse racing betting odds.

1. Trip Handicapping - Many so-called experts will trumpet the virtues of speed and class handicapping to locate winners. However, those handicapping angles tend to identify contenders that carry short odds. If you want to find real value, you have to become a trip handicapper. With trip handicapping, you will be in a better position to identify under-priced horses that are coming off races where they had perfect trips. You will also be in a better position to identify over-priced horses that have been running well, only to lose because of bad trips. There is a lot of money to be made betting on horses in good form with bad recent luck. Don't trust comment lines in the form guide or the racing form. Go to video tapes and see for yourself whether the bad trip really cost a horse a possible win.

2. Arbitrage or Matched Betting - If you have patience and a good eye for value, you can use arbitrage or matched betting to generate small, low-risk profits that can add up in a hurry. All you need is a online Ladbrokes horse race betting account and a betting exchange account. You will be looking for opportunities to bet on horses that carry high fixed odds with your bookmaker while presenting an opportunity for you to lay off the same wager at lower fixed odds in your betting exchange account. If you can find a handful of these opportunities a day with a decent spread, you can build a nice little bankroll with minimal risk.

There nothing wrong with being a recreational punter who wins a few and loses a few. If you want a reasonable chance to become a successful horse punter, follow the guidelines and employ the betting strategies listed above.

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