Strategies for Analyzing Horse Races on Lotus365
Horse races are known to produce heart-pounding excitement. This thrill and euphoria from this centuries-old practice has not diminished. The sport helps people to come together as a cohesive unit, sharing a unique passion. Lotus365 provides a means to blend horse races with the opportunity to make money.
This platform provides a consumer-friendly platform and competitive odds. However, you need to know the techniques to follow, as well as the pitfalls to avoid while betting on horse races. Read on!
A Brief Guide To Placing A Horse Racing Bet On Lotus365
Here are the steps to horse racing betting on Lotus365.
- Navigate to the Lotus365 official website via lotus365-bet.in. Create an account first.
- Click on the horse racing tab and select the specific competition. Remember to fund your account first.
- Select your wager, choose your type of bet, and make your predictions.
Image by Lotus365-bet.in
Types of bets in Horse racing
There are various types of bets in horse racing. A few of them are discussed below.
- Win: You are placing your wager on the horse that will win the race. If your chosen horse wins the race, your payout depends on the horse’s odds.
- Show: A show bet requires you to choose a horse that will end up among the top 3 spots after the race. Irrespective of your horse’s final position among the top three, payouts will remain the same.
- Place: This type of wager is similar to the show bet. For a place bet, you are betting on the horse that will end up as first or second.
- Exacta: In the Exacta wager, you have to correctly predict the top 2 spots in the right order. It is quite difficult to cash out on an Exacta bet. However, you can win a large payout with a small amount. On the other hand, you can try the Exacta box bet. In this case, you will predict the top two finishers in no specific order.
- Trifecta: A trifecta is similar to an exacta. You need to predict the horses that will occupy the top 3 positions in the correct order. There is also a trifecta box version where you only need to choose the top 3 horses without a specific ranking.
Horse Racing Betting Strategies On Lotus365
Here are some of the most efficient Horse racing betting techniques.
- Dutching: This strategy requires you to place your bet on several horses to increase your probability of success. Bear in mind that the payout from the Dutching strategy might be generally lower than a single-win bet. Nevertheless, dutching is less risky because you are spreading your budget over multiple horses. One way to approach the dutching technique is to bet on the top 6 horses. You are bound to win some and lose some.
- Form Analysis: During a horse racing tournament, you can make your decision by observing a horse’s past and present performance. Check for notable trends in horse’s distance suitability, jockey performance, and results on different race tracks.
- Value Betting: Value betting involves selecting horses that have higher odds than their actual chance of securing a victory. Check the odds offered by Lotus365 and carefully analyze the probabilities. This way, you will know the horses that have a higher winning potential. Value betting makes you subjective in the long run and reduces unnecessary guesswork. You will also find yourself working against market trends with a sense of intuition.
- Keep track of the fit trainers: Trainers go a long way in determining a horse’s output. Their tasks involve observing the horse’s muscle tone, body weight, coat quality, and overall physical condition. They also analyze the horse’s gait, recovery rate, and breathing rate. Take note of the trainers who have a record of excellence. If you wager on their horses, you have a better shot at winning.
Final Thoughts
Many sports enthusiasts will love to make a few bucks while enjoying their favorite horse racing tournaments. However, not many people know their way around analyzing races before placing their bets. Any newbie punter can learn the strategies discussed above with some time and effort. Don’t put all your eggs in one basket.
If you are determined to make a profit from horse racing, you need to combine your strategy with discipline. It’s bad to get stuck in a negative feedback loop of chasing your losses. Proper bankroll management goes a long way to help. Have fun while punting.
Photo by Pietro Mattia on Unsplash (Free for commercial use)