First, you have to try and learn the horse race betting system. What is horse race betting? You know that when you want to do race betting you have to do research right? You need to study the horses, the performance of the horse, the achievement of the jockey riding that horse and the track record of the trainer of that horse. Now, aside from those factors, horse race betting also relies on financial systems such as hedging and arbitrage. When you say hedging, it refers to the act of betting on several outcomes in a race. On the other hand, arbitrage betting is laying the race horse at a low price, while in the meantime, backing another horse on a larger price. The arbitrage and hedging systems are vital in horse race betting and for the bases of the horse race betting system you want to use.
Here are some horse race betting systems:
A. Speed Selection System
What the speed selection system does is it will be eliminating the choices to bet on as per the several criteria you need to apply. The criteria are the following:
• Throw out the horses that had its last two races on a track different from where your current race will be located.
• If you have a first time horse, avoid them.
• If the horse was not leading or was not within three lengths of the leader at every call in his last race, do not even think about betting on that horse.
• When the horse has raced in two different surfaces, avoid betting on that horse.
This system has now effectively cut your list of horses to bet on.
B. The Dutch Betting System
The Dutch Betting System is not a kind of handicapping method. What this betting system does is it employs to cover a certain number of horses in a particular race. So basically, the concept of this type of betting system is if you bet on more horses then you have better and bigger chances of winning.
Whatever betting system you try to adapt, always remember to do your research, set your bankroll and have lots of fun.