If you already like watching thoroughbred events, the good news is that you can make some extra cash if you place some money on the events – all you need to do is to find a proper event, do some research and make a deposit. In this article, we will share tips on how to get started with thoroughbred racing gambling and how to win big even if you do not want to put in much money. Let’s get started.

Sign Up To A Trusted Platform

With the boom of sports betting, there are hundreds of thousands of places where you can make wagers. But do not rush to sign up to the first pretty site you come across – a gambling platform should hold a valid license, have a responsive customer support team, allow thoroughbred gambling, provide secure payment and deposit options, and, of course, offer generous odds and lucrative special offers to boost your deposit.

Choose A Strategy And Competition

We do not recommend implementing multiple strategies at once as it can lead to confusion and worse performance. No matter the tactic you are using, do not place over 2% of your entire deposit to diversify the risks. Here are some of the strategies you can try to win some extra cash:

• Place – with this strategy, your wager pays out if the thoroughbred you chose comes first or second.
• Show – with this tactic, your horse should be in the top 3 for you to win
• Win – with this wager, you are supposed to predict which horse is the winner of the contest.
• These are the main types of wagers horse racing bettors do – choose the one you like best and start earning money. Some of the events you can gamble on are Kentucky Derby, Dubai Cup, Melbourne Cup, and the Breeders’ Cup.

Take Advantage Of High Odds And Promos

Since all bookmakers offer different odds, why not sign up to a few and compare them before placing money? It will only take a couple of minutes, but you can boost your deposit significantly. Ensure that the sites you are creating an account on are secure, hold a valid license (UK, Curacao, Malta, etc.), and allow thoroughbred racing betting. Quite often, top-tier sites give away juicy special offers and promos that will allow you to get bigger payouts. Before claiming those bonuses, we recommend you check out the roll-over requirements in the site’s terms and conditions section.

Write It Down

It might be challenging to evaluate your own progress when you are just starting. To put some light on your horse racing betting journey, we recommend you keep track of your progress by writing down the wager size, strategy, the type of event, the odds provided, the date, and the outcome of the match. Check out the stats every week or month to see if you need to shift your focus on other strategies or you are good and you get good payouts. We advise you to write the numbers in online tables to be able to reach and modify the data easily, but it is also possible to keep track on paper if it is more convenient to you.

Let’s Act Now!

Now that you know what to do to make winning horse racing wagers, it is time to start acting. The most important things are to stick to one wager strategy, diversify the risks, gamble only on trusted platforms with years of operation, take advantage of the highest odds and special promos, and, of course, do thorough research before placing wagers on racing contests. With our tips, you should have no problem finding lucrative odds and exciting events to make some extra cash while having fun. Let’s start gambling on thoroughbred racing now!