Finding regular winning selections in any sport can be tricky. Therefore, it should come as no surprise that the most successful bettors typically find a strategy and stick with it to gain regular returns on their selections.
There are various strategies available to sports bettors, with each providing their pros and cons. However, few sports have as many different methods to try and find winners than horse racing.
With a wide selection of markets available at TwinSpires, finding the perfect strategy to maximise the odds is always the challenge. But, what are some of the betting strategies that can be easily transferable when wagering on racing and the UFL action.
Bankroll Management
Perhaps the most important betting strategy when wagering on any market comes in the form of bankroll management. This is the key to ensuring long-term success when making bets, and ensures that you’re never betting more than you can afford to lose.
Bettors should set aside how much they are willing to wager at the start of every week or month, and under no circumstance should that be exceeded. Setting a bankroll for every month is the safest choice, as you are then able to put aside how much you’re willing to play with every month.
Bankroll management is one of the most important strategies, as it always ensures that you aren’t making ill-informed decisions when you’re betting, and all decisions that you’re making have been thought through with the ambition of gaining returns.
Quality Over Quantity
One of the biggest mistakes that newcomers to betting make is wagering on every match that is available. That is major issue when making selections on the UFL and racing, as better value and more prolonged returns can be achieved by focusing on quality selections.
Instead of studying every single matchup, bettors will stand a better chance of gaining returns if they focus on the outcome of one potential clash. This will give the bettor all the time that they require to study the form, and dive through key pieces of data to find value in the betting. This is also the case when gambling on horse racing.
The vast majority of experienced bettors will avoid gambling on every single race during a meet, instead they will pinpoint the runners that stand the best possible chance, and increase their stakes on those selections. This will enhance the chances of significant return, and it avoids the risk of bettors making selections on races where they have less knowledge. It is always important to always bet on what you know.
Find The Value
Studying the form is incredibly important before making bets on the UFL and racing. For American Football, this includes analysing the past performances and stats of the teams and players involved, digging into their strengths and weaknesses, and whether they particularly excel at home or on the road.
Horse racing bettors will also need to go through past performances, identifying horses that have won, as well as considering the distances, terrain, and conditions of their previous efforts.
Furthermore, racing bettors will also examine the recent records of trainers and jockeys, which could be vitally important when it comes to making a selection. Once the research has been complete, bettors will then have an outcome in their mind, and they can explore the range of betting markets available. Studying the markets and odds available after completing the research can often ensure that a bettor is able to find a value selection for their belief.
This can often be away from moneyline selections, as odds are always more competitive when betting on the spreads and distances. For example, if you have found an angle surrounding passing yards, this could be a more viable betting angle. However, finding the value in niche markets can only be achieved once extensive research has been completed.
Dutching
One of the most popular betting strategies in racing comes in the form of Dutching. Here, a bettor will place a number of wagers on different outcomes to minimise their potential losses. For example, an experienced bettor could back the favorite, while also backing the horse third in the market to place.
This ensures that there is a layer of insurance available if a gambler’s main selection doesn’t win. This strategy still comes with the obvious drawback that both selections may lose, but the ability to cover two potential angles does minimise the risk. This strategy can be put into effect when making wagers on the UFL, as bettors could wager on one team, while also covering the spread with the other team.
At the heart of this strategy is gaining returns on a regular basis, but it can often lead to smaller and consistent returns. However, if you’re looking for healthier profits when making bets on the sport, it is unlikely to be of interest.