Types Of Horse Racing Bets
Types Of Horse Racing Bets UK Betting Market
There is one answer to the question types of horse racing bets?
In my opinion a single back bet or a single lay bet. I very rarely incorporate each way each way EW into my betting strategy!
Exotic bets like Yankees and Lucky 15’s plus many more offer large returns for little money placed on these types of bets by the punter.
If we take a simple three horse accumulator that has a potential return of 500/1 for a £1 stake then automatically the odds are against you!
Now let us look at 2/1 or decimal odds 3.0 the implied probability of this winning is 33%. So if you take the approach with thorough horse form and then add the magic sauce and obtain odds of 5/2 you will be sitting pretty!
Conclusion
My approach to types of horse racing bets is to either back or lay single selections and preferably on the excellent Betfair betting exchange.
The key to betting is,
1. Doing thorough horse racing form.
2. Obtaining higher odds than the betting market presents to you.
A simple but hopefully an effective article!
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