Racing Systems
Knowledge is power when it come to horse or greyhound racing and gaining as much information about not only the animal you are wishing to bet on but also the ground and jockey in a race, along with many other factors can put you in with a chance of choosing the winning proposition.
So the best tip for this type of wager is to study and study hard, fortunately all the information you will require to make an informed decision is available at your fingertips thanks to the internet.
So make sure you do this research and study the form to help put you in a winning position. One fun little system for betting on a horse or greyhound race is detailed below and this one requires no studying of form!
Favorite Betting System
To put this betting system into practice you simply need access to the current betting odds and a calculator! The basics of the system is that you are only going to bet on the favorite in each race.
The first thing you need to do is set yourself a win goal for the day, we will set ours at $100, once we hit this figure we will stop betting and lock in a profit
This system works very well during the summer months in the UK on any of the flat races that are held each day. (A flat race is exactly that I.E. they don't jump any fences or hurdles).
Betting Strategy
The way to bet on this system is very easy and as mentioned you are only betting on the favorite in each race, so your first bet is based around you wanting to win $100.
You simply need to work out how much to place on the first wager of the day, to do this do the following sum: $100 divided by the odds. So if the favorite is 2-1 then the sum will be $100 divided by two times by one, which is $50.
If the first bet loses your next bet is $100 plus $50 (your first loss) divided by the odds, so for example if the favorite is 4-1 in the second race then the best will bee $150 divided by four times by one which equals $37.50
You will keep placing wagers on the favorite and by doing the simple maths mentioned above you will always know how much you need to stake
Favorites win on average 30-50% of races during the summer months so you will never be far away from winning one!
Once you reach your win total for the day then stop betting and walk away a winner, also set yourself a stop loss limit in case things don't go too well.