The Breeders Cup is only a few weeks away, and it’s a horse racing event that every enthusiast should never miss. With many big-name owners, jockeys, and contenders, each race will be filled with excitement for fans and bettors alike.
We have some tips if you want to try your luck in the upcoming Breeders Cup. These tips will help you bet more efficiently and give you a bigger chance of winning. If you want to win the big bucks this upcoming Breeders Cup, follow the tips we will give you.
Do Your Research
Information reduces risk, and in horse racing betting, the risk is lost. If you want an educated bet, you need all the information you can gather to help you take your picks more efficiently and accurately. But how do you start your research? A good starting point would be to, of course, know the horses. You can check their recent performances in their track record.
You can then check the factors of their wins, like the track surface. This is especially important since each horse has their preferences regarding track surfaces. For example, some horses are faster in the dirt, while others are faster on the turf.
Make Different Kinds of Bets
Have you ever heard of the saying that says not to put all of your eggs in one basket? This can also be applied to horse racing betting. Beginners usually only put one bet in each race; the most common is the win bet. While that sounds good, if you want to win the big bucks, you might want to try other, more complicated bets.
The win bet is part of the simple bets, consisting of three different kinds: win, place, and show. The other group would be exotic bets, which require you to bet on multiple horses in a race. One example is the exacta bet, which requires you to guess two horses that will win the first two places in order.
Don’t Bet on all the Races You See
In the Breeders Cup, there are 14 races in total. You can bet on all of them if you want to, but this is ill-advised. However, we’re also not saying to only bet on one race. This all boils down to value. Not all races have value bets on them; more importantly, not all races have a star horse. If you want to increase your horse racing level, learning how to look for value in each race and horse will yield great results and, of course, greater chances of winning.
Manage Your Bankroll Properly
Your bankroll is your lifeblood in horse racing betting. Your bankroll is the entire amount of money you want to spend on horse racing. However, having a bankroll is different from managing a bankroll. If you want your bankroll to last, we have some tips you can follow to make it last as long as possible.
Firstly, you should check your financial situation. How much money do you have? How much money do you have for extra? In short, your bankroll should only contain money that you don’t need for anything else. For example, if you have the money for a bankroll but that money came from your kid’s college funds, then you probably don’t want to do that.
Second, you should put it in a different bank account. Putting your finances and bankroll in the same bank account will spell disaster. This is because if your bankroll dries up, you might be tempted to put your hands into your finances, which can be a risk for bankruptcy. You might think of yourself as a strong-willed individual, but it’s better to be safe from temptation than to see how much of a strong-willed individual you are.
The next step would be to have a betting size for each race. The most common betting size pros use is 5% of your bankroll. If you have $100 on your bankroll, each race should only have $5 from your capital. It’s a good habit to get into once you realize how smart this is.
Shop For Odds
The 2023 breeders cup odds aren’t the same for all betting sites. Some betting sites have a point more or less than others, and the payouts can also be different. If you want a bigger payout, you might want to shop for odds. The payout difference can be a minuscule amount, but it will stick in the long term. It’s just intelligent betting.
The Breeders Cup is almost upon us, and if you want to take your luck and try to win the big bucks, then this is a good chance to do so. And with the abovementioned tips, you might just go home with thousands on your bankroll. With that said, be smart, be clever, and know that you make your luck