Horse racing is probably one of the oldest and most popular sports in Australia. The adrenaline rush and the excitement associated with the sport can be further augmented if you decide to indulge in a bit of horse racing betting of your own. Race horse betting can be a really fun filled, exciting and rewarding experience if you can place your bets right and if you know the rules of the game. Merely staying back at home and earning a few extra dollars just by virtue of a few well-placed bets can be a lot of fun. That way, you are not only being able to follow your favorite sport, but also earning a few bucks through horse racing betting.
When you begin to use the laying system and place your first horse bets, you should make sure that you are acquainted with the rules of the game and the terms of betting. Without the any required knowledge, your horse betting odds may not be very good. Set a realistic betting goal for yourself to help you win more than you lose.
A few golden rules of betting
When you begin to bet as an amateur, it is always better to begin with a small betting bank. Gain some experience in the field and then go on to increase your bets when you are more confident with your horse bets. Educate yourself about the game and about the performances of the horses that are in the game. Pick up a few of the latest sports magazines on racehorses and read up on the statistics and the average winnings of the various horses. Once you have the required figures, try to make an informed guess about the horse betting odds.
You may also visit the morning sessions of the practice race in the pars bet area to get a fair knowledge about the performance of the various horses. However, this is not always allowed. If that is the case, you can reach the racecourse a little early, read the track, and observe the racehorses to make a smart bet. Observe the behavior of the horses on which you have decided to place the bet. If you find that the horse is acting tired, sweating, or walking with a limp, refrain from placing your bets on it.
Keep the horse betting odds in mind. Horses are categorized as Front Runners, Closers and Morning Glories. The front-runners have better odds of winning the race, while the closers are the ones that come in as close seconds and may have a very good chance of coming out as winners. The morning glories are the horses that shine brightly like the sun initially in the run but die out soon. You need to find out the basic category of the horse you are placing your bet on to increase your chances of winning.