Spring is just around the corner and, with it, some of the biggest horse racing events in the country.

The Grand National, Royal Ascot, and many other major horse racing events are fast approaching, meaning that now is the best time to start working on your betting skills. Wagerers frequently bag prizes worth millions of pounds every year, simply by making the right choices.

One would think that the key to winning big on the races is pure blind luck but this is certainly not the case. Being a successful wagerer requires a combination of skill and insider know-how, as the biggest winners will always be quick to tell you. If you want to scoop a big win this year, simply follow these strategy tips.

Source: Pexels

1. Do Your Research 

The most important rule for horse betting is to always do your homework. Those who do their research are always more likely to win. On a basic level, this means reading the latest betting guides and studying up on the entrants to see which horses have the best track record. Beyond this, you should also make sure to check which race tracks are astroturfed and which are not, as well as what the weather conditions will be on any given race day. The more knowledge you have, the more informed your bets can be. 

2. Spread Your Bets 

The most sure-fire way to ensure you win nothing is to bet all of your wagering funds on a single horse and then just hope for the best. You can spread your bets across multiple horses on a single race to maximize your chance of bagging a winner, just as you can place bets on more than one race at a time. There are also different kinds of bets you can make besides just wagering on the winner, such as betting which horses will not make it to the finish line. 

Source: Pexels

3. Practice Other Forms of Betting 

A quick way to master the art of sports betting is to practice other betting games that require the same kinds of skills. This could be other types of sports betting or it could be casino games such as blackjack or poker. Blackjack, in particular, requires the same kind of research and attention to detail that horse betting does, so practising blackjack online is a very effective way to learn the ins and outs of what it means to be a successful wagerer. 

4. Shop Around for the Best Odds 

Not all odds are equal. You might think that your preferred newspaper of choice is offering the same odds on the Grand National as everyone else, but this is rarely the case. Instead, different sportsbooks will be offering sometimes vastly different odds depending on their own research and opinions. As such, the odds that you pick can have a significant effect on the amount of money that you stand to win. Figure out which bets you want to make and then you can choose the sportsbook that is offering odds most favourable to you and your bank balance. 

These are the key tips are the way to up your chances of winning at the races this year. Of course, the most important rule of all is to have fun with it. Betting is a game, so don’t forget to treat it like one.

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