I did briefly touch on spread betting on horses in a previous article, so as promised, I am going to elaborate on it in this article. Spread betting has become a popular way for punters of horse racing to place bets. If done properly, it can allow you to make a lot of money in a short time. There are always risks with gambling. Spread betting on horse racing can be confusing for novice punters or those who are new to the sport. It can lead to huge losses and can even result in you losing a lot of money. It is therefore crucial that you fully understand spread betting on horse racing. Spread betting on horses is becoming more popular Spread betting is a popular concept in sports with high potential winning margins. This includes American football, American rugby, American cricket, and darts. Its also used by people who want to bet on the financial markets and so they bet on whether a stock will rise, fall and by how much. Spread betting on horses is not something I believe in. The risk is too high and many people have great success with it. Spread betting on horses is a fun and interesting way to take calculated risk. However, everyone must be aware of the fact that there are high risks, which discourages many from trying it. How do you spread betting on horses? Spread betting on horse racing starts with what is called the favourite's index. Each favourite gets a set amount of points. A hot favourite (for example at a price of 6/5) would likely get the maximum amount of points (which is 25), whereas a 9/1 favourite in the Grand National would only attract say eight points for the index. The bookies are protecting themselves by reducing the number of points. http://cialis-20mg-buy.info/blackjack-handgun-the-real-way-to-beat-the-house-edge/ So with the allocation of points, a spread is created and essentially what punters will do is buy if they feel the horse will win, or sell if they think it won't. You can also bet on jockeys, which is a new twist to traditional betting. The way jockey betting works is pretty much the exact same way as the favourite's index, with the only difference being that you are betting against a quote of how great a race (or more than one) a jockey will have. Predicting Winning Distances Will Pocket Cash Too The winning distance index works in the same manner, but there is a slight variation. Points are awarded based on how much you believe a horse will win. These are broken down into short head, head, neck, half a length, 3/4 length, a length and then multiple lengths (two, five, ten etc). Typically the going of a racecourse affects what the spread and points allocation will be for distance betting, and this is where the bookies can really earn their corn. Bookies could lose thousands if they make poor judgments about how race conditions will affect races. Spread betting on horses is too laborious, in my opinion. This is not to suggest that I am lazy. However, there are many factors and key points that must be considered before you even consider which horse to back. I do prefer a more simplistic approach and perhaps this is why I have done well, as I have kept it simple. I'm also a firm believed in effective money management, and unlike traditional betting, or even betting on the Tote, you do not know how much you stand to lose with spread betting, until the race is over and then its possibly too late. This is my biggest problem. There are punters who do very, very well at this form of betting but call me old fashioned, I just prefer the more traditional approach, and certainly for all beginners out there, I advise that you do the same.
http://cialis-20mg-buy.info/blackjack-handgun-the-real-way-to-beat-the-house-edge/
