Novice Punter’s Guide to Betting

Novice Punter’s Guide to Betting

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Playing the horses is a hobby enjoyed by so many punters and for the regular race goers many of the terminology used is just common knowledge but for the novice punter with little or no racing knowledge whatsoever, finding winners can be a daunting prospect and the question which beginners to the racing game are likely to ask the regulars is “How do you know which horse to back.?” This can be an awkward question to ask a regular punter and it can be likened to a question “How long is a piece of string” The tips I am going to give you will hopefully provide some answers for betting beginners even if they do not lead you to a fortune.

The first thing to understand is that any money you are using for playing the horses must be money which you can afford to lose. In other words; NEVER GAMBLE WITH MONEY WHICH YOU CANNOT AFFORD TO LOSE. The next thing you must understand is that you should never try to make a quick fortune from small stakes such as placing a few dollars/pounds on a jackpot and hoping to win thousands because for every person who does manage to scoop the jackpot, there are thousands of others who tried the same thing but lost everything they took to the track. Therefore the best form of betting is win and place. When you place a bet for a win, your horse must come in first and if you take a place bet, your horse must finish first, second, or third providing there are 8 runners or more. If there are 5-7 runners then two place dividends are payable.Some punters like to bet each way, that is for a win and a place on the same horse. This is two separate bets.

Now it comes down to the nitty-gritty of selecting which horse you are going to bet on. The first rule of selecting your horses is to follow form. One may argue that their Aunt Mabel went to the races for the first time, backed their lucky numbers and won a huge trifecta but the truth is they will spend the rest of their days trying the same thing and give it all right back and a lot more. Form is the yard stick by which punters, owners, and trainers measure the ability and fitness of the horses.

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