Understanding how to read horse racing odds is typically the biggest issue that faces punters that are looking to place a wager on the biggest meetings. However, it doesn’t have to be that confusing, as finding the horse racing best odds is extremely straightforward.
Finding the best value for the biggest events revolves around finding the best horse racing odds, and it could have a significant impact on the amount you win. But, if you are new to the sport, how can you ensure that you get the best possible Cheltenham betting odds and Royal Ascot odds?
Horse racing odds are simply the value that you can get back should you bet on a horse and it crosses the line first. The odds are simple to understand. For example, should you like the look of a 10/1 chance, and you put £10 on that selection then you will win £110 back if it wins.
That is because the 10/1 odds are the price that you have selected, and you will also get your £10 stake back too. The horse racing best odds are determined through the use of the ratings and recent form.
If a horse is in tremendous form over its last five starts, then they will start at a much lower price than a runner that hasn’t won in five. The recent history on that track will also have an impact on the odds.
For instance, if a horse has won on their last three starts at Aintree, then their Grand National odds would be lower since they have shown that they perform to a high standard on that specific racecourse.
This is no longer as hard as it previously was, as a lot of the leading sportsbooks now offer the best price guaranteed on all UK and Irish racing. Previously, punters would have needed to shop around to ensure that they don’t get a worse price.
The horse racing odds are the difference between winning more on betting selections. For example, why should you choose to take your desired horse at a value of 8/1 when you could get 10/1 elsewhere? It’s a no brainer, and you will be immediately gravitating towards the higher price since you will win more. Find some of the most recommended horse racing odds here:
What Are Live Horse Racing Odds and Where Can I Find Them?
Betting in-play is one of the biggest evolutions of sports betting in recent years. However, due to the quickness that horse racing meetings go at, it could depend on whether there are live horse racing odds.
Many of the markets open a year in advance, which means they are live for 12 months. However, betting in-play is less common, with the Grand National one of the only races that you can bet in-play on.
The prices will constantly change depending on the form and whether a horse has undergone any surgery. That means punters will have to carefully predict the best time to get the maximum returns on their wagers.
Throughout the horse racing calendar, there are specific events that punters earmark as occasions when they bet.
These events even get mainstream attention, which means that those people that wouldn’t typically bet would also wager their money when these meetings come around. But, what are the biggest events that you can expect to find on the calendar?
One of the biggest betting events of the year takes place at Aintree in April. There are 40 horses that lineup to take on the four-mile course, and it has been a mainstay on the British sporting calendar since 1839.
It is one of the biggest betting occasions of the year with punters around the country looking for horse racing odds today.
The betting is competitive, and most of the horses in the race have a realistic chance of winning. The 2020 edition of the race will see Tiger Roll bidding to become the first-ever horse to win three straight Grand Nationals. The Gordon Elliott trained horse is the current favourite in the Grand National odds.
The week-long festival in March is the four days that most jump racing fans keep an eye out every year. The very best horses meet up for this event and punters track their runners throughout the entire season to get the best possible value.
The horse racing odds today are the best time to get value on these races, as the prices on the leading chances lower with every passing week as the festival grows closer.
The flat season takes centre stage over the summer months, and one of the most prestigious events comes from Royal Ascot. A selection of the leading flat horses take to the stage, and the stars come out to witness all the action unfold.
The British traditions are huge at Royal Ascot, and the Queen frequently visits throughout the week. One of the most competitive live horse racing odds markets for this week revolves around the colour of the outfit that the head of state will wear.
By all means, you can. Sometimes you will have to swap accounts to get the best value on your bet, so it is always worth having a little bit of money in your commonly used accounts.
It can be, but it really depends on the selection. If you are betting on a 10/1 chance each-way, then there will certainly be value. But it isn’t the best option when betting on favourites.
Some punters do prefer this tactic because favourites are just that for a reason. However, especially with jump racing, different variants can alter the course of the race, and adequate research must be done before placing any bet.
*according to the opinion of our writers.