Simple horse racing betting involves learning to understand the odds and working out what each type of bet does. More advanced bettors, however, will not simply rely on the odds but will study form, take the going into account, and pay attention to what’s happening on race day.

Different bettors have different systems and each one works in its own way, but experience really does count for something. The following horse racing betting tips are for those who have already gained experience of the basics and are looking to make more knowledgeable selections.

Use the racecard

The racecard provides all sorts of information about form, helping each bettor to make informed decisions. It shows the results of the last three races of the previous season and of runs so far in the current season.

A horse that has 311-32, for example, has placed third then first then first last season, and third then first this season. This could well mean that this particular horse takes a while to warm up but is likely to do better once he has a couple of races behind him, which could indicate that this time he is a good bet.

The racecard also details the names of the trainer and the jockey. This information can be used by those in the know to determine whether the horse has a good chance or not.

Read up

If you truly want to be able to make well-informed betting decisions, then it pays to read up before you go. Knowing things like which horses, trainers and jockeys are having a good run this season before you get to the races can help you make the right selections.

Take the time to find out in advance if the horse you are thinking of betting on has suffered any injuries this season or has shied away from the starting stalls.

Use your eyes

Prior to each race all horses are paraded in the paddock, giving you a prime opportunity to see if the horse you want to bet on looks ready, willing and able. A horse that has previously done well but today looks nervy might not be such a good bet after all.

Pay attention

No matter how much you might know, there may well be others at the track who know more. Listen to others’ opinions and pay attention to whether odds are going up or down. Don’t by any means rely blindly on any tips you get, but weigh up what the experts say on the racecard or in the newspapers to help make your decision.

Take a risk

Accumulator bets are far riskier than single bets but the payout is also far higher. If you’ve only ever placed single bets before, experiment with a double, treble or four-fold bet. You could also try a forecast, where you have to guess the first two horses to come in correctly.

Ultimately, there are no sure things in horse racing; even the most experienced gamblers can’t win all the time. Don’t bet more than you can afford, and this will help you to enjoy yourself whether you win or lose.