Horse Racing

The Benefits of Horse Betting Statistics

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Horse racing is one of the oldest sports to still exist today. It dates as far back as Ancient Greece when four-hitch chariot and mounted races were held in the Olympic Games. Although the history of organized horse racing in other ancient civilizations is not firmly established, it is presumed to have begun in countries such as Persia, China, Arabia and more. In this modern world, you can still see this type of sport, and it is even more popular for those who love sports betting. With today’s technology, it also has become more convenient to bet on horse racing. You have horse betting statistics that can help you make smart and effective bets as opposed to blindly spending your money without any strategy. 

 

Horse Betting CountriesCourtesy of Graphs.net

One of the countries that have made horse racing betting so popular is the UK. In fact, horse racing is one of the sports that have made betting a successful industry back in the day. A lot of bookmakers profited from the sport. As can be seen from the infographic above, the UK is still one of the countries that have remained dedicated to horse racing betting.

 

Horse Racing BetsCourtesy of Cal Racing  

There are many types of bets when it comes to horse racing, but the most simple ones are win, place and show. If you want to excel at these bets, you should make use of horse betting statistics. To help guide you on that, here are some of the ways you can make use of horse betting statistics.

#1 Give Relevance to the Jockey

Most punters often neglect to research on the jockeys. Of course, the horses are important, but you should not forget about jockey experience as well. This is because the person on top of the horse is the one directing it around the track. This can make all the difference. Don’t just obsess on the statistics of the horse. You can look at the jockey’s history and determine whether they are a winning jockey or not. You can also research whether they have specific experience with the actual horse they are on and the track they are racing. Moreover, a jockey’s experience on a track is one of the most crucial elements since an experienced jockey will know the ins and outs of the track. 

#2 Use a Mathematical Equation

One of the things that you make use of the most for your horse betting statistics is when you create your own mathematical equation. Through the odds that the racebook puts on each horse, it can tell you how much you stand to win and at the same time give you the percentage chance that they believe each horse has to win the race. This is relevant because racebooks will pay you out based on the possibility of your bet winning. If the favourite horse is more likely to win, then you’re not getting paid as much. However, if you bet on the underdog horse, you’re going to get paid out better since it would less likely happen. Using the odds that you will be given, you will be able to form an equation that will suit your horse racing betting.    

#3 Research on the Horse’s History

This would be the most critical horse betting statistics to research on since you have to know the history of the actual horse you’re betting on. You have to look at its records and experience. Make sure to check whether they have raced previously at the track or have won before. You can take a look at their performance for the past few races, and check their condition, such as if they have been injured before or are completely healthy. 

If you want to make all of these more manageable, you can make use of betting software. At VOdds sport trading platform, checking out horse betting statistics is handy and efficient. And not only that, you’ll know how to bet on VOdds. It offers a lot of tips and strategies to help you be a smarter punter.

That’s right. There are so many things that this platform offers to the punters. If you can’t even go to the sporting event itself, you have live sports on VOdds. So, register with them and get all of these perks and more!

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