Horseracing tips NZ for beginners
People all around the world have been putting money on horse races almost since time began. This kind of betting can be both fun and potentially profitable if you know what you are doing, and can take advantage of the odds to put a little extra money in your pocket.
We are going to help you get started doing just that, and will give you all the info you need to get ahead of the pack. Before you start horseracing betting you should know what type of bets you will be able to choose from, and understanding these is perhaps the most vital aspect of this enjoyable pastime.
If you have a firm grasp on what your options are, you can combine your knowledge with the array of horseracing tips NZ sites make available, and start making more informed decisions that will yield better rewards.
When it comes to bets, a straight bet is your best bet! The most important thing to remember about straight bets is that you will be betting on one horse only.
The most popular bet in this group of wagers is:
The Win Bet
You will be betting that the horse you have selected will finish in first place. If this happens, you will collect your winnings according to the amount you staked and the odds on the animal you chose.
Exotic Bets There is a lot of variety available when it comes to horseracing betting and the exotic bet group allows you to take things a little further; by making your wagers slightly more complex.
Exotic betting options may allow you to bet on the first two finishers in the race, or the first three, or even five, or you could try to pick the horses you feel are most likely to win three different races.
These bets are not as complicated as many beginners fear, and this explanation for a quinella bet will give you an idea of the kind of fun this kind of wagering can deliver:
This wager has you nominating two horses to finish in first and second place, and, if they do so, regardless of the order, you will win. For example, if you placed an NZ$2 quinella bet on Horse 1 and Horse 6, you will collect if either of these animals finishes in either first or second place.
Changing Odds and Live Betting Options
Live betting brings a whole new level of excitement to horseracing betting, and allows you to take advantage of events as they unfold. Perhaps you have placed a bet on the underdog for an upcoming horseracing event.
However as the race unfolds the favourite develops a problem and starts to lose ground. Your horse appears to be running better than expected and consequently his price in running begins to drop as his chances of winning increase.
This gives you the opportunity to "cash out" by automatically placing a lay bet for the horse to lose at a lesser price than the one you have already placed to win.
Thus you will still be able to enjoy your winnings whether your horse wins or loses.
One of the most important tips for any horseracing punter is not to underestimate the importance of ‘studying form’.
This means you check out the horses racing stats, the jockeys and trainers, and any past wins or places. You can also delve a little bit deeper and see whether the horses that catch your eye perform well on the type of track they are racing on, or if they have achieved any notable performances in specific races.
With horseracing betting the more you know, the better your chances are of placing a solid bet, so start with a win or place, then move on to the more exotic wagers, or opt for live betting- whatever you choose, you may well enjoy big returns along the way.
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Above policies updated 15 March 2018