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5 Horse racing betting tips you can use in the Belmont Stakes

| June 6, 2023

Newbies and veterans alike usually experience losing streaks from time to time. It’s only natural since winning in horse racing betting requires both skill and luck, and sometimes, lady luck isn’t on our side. However, when it comes to skill, there are a lot of things that we can do. From doing research on horse racing to how to pick out the best horse, skill can be the very thing that makes or breaks your bet. 

That said, when it comes to skill, some tips can help you win your bets, especially on big events like the Belmont Stakes, which is just around the corner. The Belmont Stakes is the last leg of the Triple Crown, so you can bet there’s a lot of big money to be had there. 

After all, it’s one of the world’s most prestigious horse racing events. If you want to join in one of the fun and try your luck in the Belmont Stakes, we can help you. Here are some horse racing tips to help you win more in the Belmont Stakes.

Key betting tips to use in the Belmont Stakes

Do Your Research

When it comes to research, there are many things that you should consider, like what track surface the Belmont Stakes use, the horses and jockeys participating in the race, recent injury news, etc. That said, one of the things that you should look into first is the racing form. The racing form contains crucial information about the race, like the horse participating, their trainers and owners, and most especially, the track record. 

The track record alone contains crucial information that you can use for an educated bet. For example, a horse winning its recent races is generally a good bet. This means the horse is fired up and will probably up the ante during this race.

Don’t Blindly Bet on the Favorites

Favorites are called such because the bookies think they are the most likely horses to win in the race. You might think, “Why aren’t more people betting every time?” This is because favorites are only based on statistics. As we know, we cannot know how a race will end up. And, in fact, did you know that favorites only win a third of their races? This means they only have about a 30% chance of winning, which is pretty much the same as the other contenders.

Practice Other Forms of Betting

There are a lot of other types of bets in horse racing. Of course, for the most part, they require the same skill and luck, but some forms of betting are pretty much more complicated and harder to win. For example, we have simple bets: place, win, and show. These bets are very simple, but the payout is quite low.

Then there are exotic bets, which include exacta, trifecta, superfecta, etc. These bets are harder to win since these bets have specific parameters for you to win your bet, not to mention that the odds of these bets winning is pretty low. For example, superfecta requires you to bet on four horses to be on the first four of the race in the correct order. 

But we digress. The point that we want to say is that you should practice other forms of betting. Once you master the most popular Belmont Stakes wagers, you can use them in the big event, and if you’re lucky enough, the payout would be ridiculous.

Spread Your Bets

If you’re the type of person that bets on a single horse and then prays for the best, then we can assume that you’re a casual bettor, which of course, there’s nothing wrong with it. However, you can spread your bets when you’re a serious horse racing bettor wanting to win the big bucks. 

For example, you can bet on multiple horses at a time in a single race. You could also bet on different bets on the same horse, like across-the-board betting, which requires picking a horse for a place, winning, and showing bets.

Shop Around

Of course, if you want to maximize your payouts, one thing you could do is shop around for odds. Most bookies pretty much have the same odds. The difference can often be a single point, and the payout would be just a few dollars. However, when you shop around for odds and bet on multiple bookies, these differences will stack once you win, especially in the long run. It’s a matter of building your bankroll brick by brick.

Final Words

The Belmont Stakes is right around the corner, and if you want to try your luck in that event, this is the best opportunity. It will be big, and you can bet that there’s a lot of money to be had there, so it’s certainly an event you don’t want to miss as a horse racing fan and a bettor.

Category: Betting

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