4 Free Horse Racing Tips That Could Raise Your Chances of Winning

Tip 1: Make Your Own Race Predictions 

Let’s face it. The world is filled with bullshitters. Searching for horse racing tips, it may be so that you were looking for a straight answer on which horse to bet on today. You may even find sites that will provide you with such answers.

But ask yourself, can you trust them?  

If you were an expert on horse racing, would you share free tips on specific races? If you were so sure about your knowledge and the outcome, wouldn’t you be spending all your time and money at the bookmakers where the money is made? If someone is sharing free tips about a horse race, it is, of course, not wrong to make use of this information. But if you want to become a winner in the long run, don’t blindly trust those words.

Always do your own research!

Yes, it requires work, but making money has never been easy. And if you’re passionate about horse racing, you’ll probably find the research interesting and fun. 

So, what do you look for?

You want to know the form of the horses that are participating in the races. Keep an eye out for injuries and try to find information about how they have performed recently. When you do, you must take jockeys into consideration. A skilled jockey can make a huge difference in the performance of a horse, and it may be that different jockeys have been riding the horses.

You must also keep in mind that if a horse hasn’t participated in a race for a long time, it may not be fit to perform even if it has been doing well in the past. Likewise, if it has been running a ton of races just recently, it may be exhausted. Last but not least, the distance of the track might affect the performance of the participants. Some horses and jockeys may be better at some distances than others. Try to find information about this, too. 

What do you do with the knowledge?

You make a prediction. Gather as much information as possible, and based on that information, estimate the chance that each participating horse has to win the race. This is very important to do as it goes hand in hand with our next free tip on how to stand a chance of winning when betting on horse races.

Tip 2: Choose Only Favourable Odds

Favorable odds mean odds that give you a positive expected return based on your predictions. Here’s an example:

• You estimate that Horse A has a 25% chance of winning the race.
• This 25% chance is the same thing as decimal odds of 4.00.
• For a profit, you need to bet only on odds that are higher than this.

If the prediction you have made is correct, you will be guaranteed to make a profit if you choose the right odds. Not from a single race, of course, as everything can happen in the short run. However, in the long run, you will. This is how horse racing experts are beating the bookmakers.

This is also how the bookmakers try to beat the players. They make their own predictions which the odds they offer on their sites are based on. To turn a winning probability (%) into odds, you can use a free odds converter.

To sum everything up so far:

1. Make predictions based on research.
2. Turn the predictions into an odds format.
3. Place bets only on odds that are higher than your own, predicted odds.

Tip 3: Use Several Online Bookies

Many betting sites offer horse racing, and if you want to have the best chances of making a profit, you want to use several of them. One reason is to compare odds to get the best ones. While some bookmakers are using the same provider for their odds, you’ll often find that they are using different ones or even have their own in-house team.

Thus, the horse racing odds can be different at different sites. Another reason for using several bookmakers is the selection of bonuses you have to choose from. This leads us to our next and final horse racing tip. 

Tip 4: Always Use Bonus Offers

Whether you follow our other horse racing tips or not, this one can always be used to make a difference in your profits. At least so if you’re betting online. Visiting bookmakers or peaking at our selection of sports bonuses, you can find anything from bonuses that give you extra money on a deposit, to promotions that allow you to place horse bets for free.

Not to mention cashbacks that give you money back in case you lose, and combo bet promos that give you extra money on your profits when you bet on several horse races and win on all of them. Bonuses always come with terms and conditions that make some offers more valuable than others. It is important to read these through to fully understand what to expect from each offer.

However, all types of bonuses give you added value, which means that in the long run, they will boost your chances of becoming profitable.

Watch Out for Horse Racing Tips That Are Fake

As mentioned earlier in the article, some sites will provide you with free race predictions on horse races where they tell you which horse will win in each race. You must know that many of these tips are completely fake. This is an example of what it can look like: 

Nothing supports the likelihood of a horse racing tip like this. It’s just mumbo jumbo that anyone could provide. For a tip to have any form of credibility at all, there has to be a motivation behind it. Why exactly is Majestic Wind expected to win in the second race? There has to be a descriptive text!

Also, when someone provides a likelihood of 90% on the top 3 finishes, it’s obvious that it’s fake. No matter how knowledgeable a horse racing expert is, they could never estimate the top 3 finishes with a 90% likelihood.