5-Horse-Racing

There are few more popular betting events in the world than the Kentucky Derby. The opening leg of the Triple Crown is watched across the globe, as a talented group of three-year-olds compete at Churchill Downs. 

The horse racing event gains mainstream attention every year, leading to novices making wagers on the action. 

However, for the most part, it is about finding the winner of the competitive race. You can find more details here:

https://www.twinspires.com/kentuckyderby/winners/ 

But, what are some of the betting systems that could be followed to maximise chances of gaining returns in the opening leg of the Triple Crown this year? 

 

Dutching

 

Dutching is a popular strategy when betting on big races on the horse racing schedule, and it is a method that many novices will deploy without realising. Simply put, Dutching is betting on two horses to win the race. 

However, it is important to take into account the finances that ensure profit can be made. For example, if you have $10 to wager on the Derby this year, you could place one $6 bet on a 3/1 chance and a $4 bet on an 8/1 chance. 

Here, you will gain profit regardless of the winning selection. A key to successful Dutching is remembering the stake that you’re putting down, and ensuring that if either selection wins it returns more than that amount. 

 

Lay Betting

 

Lay betting is a popular betting strategy on horse racing, as it requires putting money down for a horse to lose. 

This ensures that bettors will cover all remaining runners in a race, and they will get returns providing that the laid horse doesn’t win the race. It is a successful betting approach for more experienced gamblers, as completing huge amounts of research is required. 

However, it can be hugely rewarding if you find a short price runner that doesn’t have the form required to win a race. It also gives the bettor a statistically better chance of gaining returns, especially in a race like the Derby. For example, laying one horse will ensure that the bet is a winner providing that one of the other 19 horses involved wins the Triple Crown race. 

 

Back Beaten Favourites

 

One of the personal favourite betting strategies among experienced gamblers is that of betting on beaten favourites. Horses that have been well-backed but beaten on their last start will often be easier to overlook in their next start. 

This can often be reflected in the odds of runners, as the personal opinion will likely see them start at a much bigger price after disappointing on their previous outing. This could ensure better value when making selections on these horses on their next start. 

Sometimes even the best horse can lose a race, but public opinion can quickly suggest that a horse isn’t as talented as was predicted. The increased odds available will offer value, especially if the beaten horse had excuses for their defeat when priced up as the favourite. 

However, bettors should still ensure that they do the extensive research surrounding the runners’ chances, as a final decision should be made regarding whether the horse was purely unlucky or just not at the standard required on their previous outing. 

 

Fixed Odds Betting

 

Horse racing bettors will have the choice of betting options when it comes to making selections on the Derby, and they will typically need to make their choice on fixed odds betting or pari-mutuel wagering. 

The latter will see bettors making their selections on unknown odds, as the price of the runner will be determined after the race has been completed depending on the amount of money that was wagered on the selection. 

Therefore, pari-mutuel odds can change drastically up until the start of the race, meaning that you could end up getting a much shorter price for your runner if the money arrives late. Therefore, the vast majority of gamblers will be keen to take the fixed odds price. 

Here, the odds are settled based on the price that you take when making the selection. You will be aware of the returns that you stand to win, and it ensures that managing your bankroll is more straightforward. 

 

Trainer/Jockey Betting

 

One of the most important pieces of information that all bettors will look to find before making their selections revolves around the strike-rates of trainers and jockeys. It is an essential piece of information that could have a major impact on a race result. 

Yards in poor form could indicate something being amiss, while jockeys that are struggling may be low in confidence. Therefore, some bettors will typically follow a strategy that revolves around betting on the in-form connections. 

It is more common for a trainer that has been among the winners to maintain their winning sequence, but it is still important to take into consideration other aspects, such as past performances and speed ratings.