Horse Racing Betting Systems to Profit from UK Horse Racing
Horse racing betting systems are used by many bettors to try and increase their chances of winning. In this article, we will discuss what horse racing betting systems are, how they work, and share some of the popular betting systems used in the UK.
What are horse racing betting systems?
Horse racing betting systems are a set of rules and guidelines that bettors use to select which horses to bet on. These systems are designed to help bettors identify horses that have a higher chance of winning and, in turn, increase their chances of making a profit.
Betting systems are not foolproof, and no system can guarantee a win every time. However, using a betting system can help bettors make more informed decisions when placing their bets.
How do horse racing betting systems work?
Horse racing betting systems work by using data and statistics to identify horses that have a higher chance of winning. Some systems use past performance data, while others use speed ratings or other indicators to predict which horses are likely to perform well in a race.
Betting systems can be quite complex, and some require a lot of time and effort to implement. However, there are also simpler systems that can be used by novice bettors.
More recently the most profitable systems bettors have used a portfolio of micro-systems and that is the type of system that we share each month in the On Course Profits magazine.
Popular horse racing betting systems in the UK
All systems aim to find selections that are priced at a bigger price than the chance of them winning.
For example if a horse has a fifty fifty chance of winning then it's true price should be even money, if you can bet it at 11/10 or 5/4 then you have. a value bet.
The Beaten Favourites System
It used to be that backing beaten favourites that is horses that started favourite last time out but didn't win was profitable.
These days you need to be more selective and add some more analysis, like this beaten favourite system.
The Trainers for Courses System
Trainers run businesses, when businesses get past a certain size they have to operate their own internal processes or systems so their staff know what to do and when.
What this means is that trainers win the same types of races every year.
That means we can profit from knowing our trainers and their processes and we can create systems based on preferred racecourses for a particular trainer or even targeted races by a particular yard.
We talk more about trainer angles here.
Days Since Last Run Systems
Another system that used to work well, but now needs a bit more finessing is the quick returners system which we talk about here and there are also systems for horses returning from a long lay off.
Each Way Value System
The each way value system is a method of betting that takes advantage of the mathematics offered by traditional bookmakers on a horse placing. Bookmakers are restricted by rules that mean they have to pay a percentage of the win price on an each way bet should the horse place.
The mathematics is such that most of the time they make good money from laying these bets, but occasionally the calculations are against them and punters can take advantage.
You will make money with this system but after a while you will get barred from your bookies.
Staking Plans
A lot of people class staking strategies as systems so I include some here.
The Dutching system
The Dutching system is a popular horse racing betting system used by many UK bettors. The system involves selecting two or more horses in a race and betting on them to win, with the aim of covering all possible outcomes and making a profit.
The Dutching system requires some mathematical calculation, but there are many online calculators available that can help bettors work out their bets.
The Lay betting system
Again, not really a system more a method of staking. But you can easily create a lay betting system.
Lay betting is just the process of laying a bet to another bettor. Somebody is betting a horse will win and with the aid of a betting exchange you can play at bookmaker and accept that bet. You lay the bet.
Any system research would involve looking for horses who's price is shorter than it's true odds and then laying it to lose.
The Martingale System – Avoid
We mention the Martingale system because lots of people have heard about it and it is a popular betting system used in many different sports, including horse racing.
The system involves doubling the stake after every losing bet, with the aim of recouping all losses and making a profit when a win is eventually achieved.
The Martingale system is very risky, as it requires bettors to have a large bankroll and the ability to keep doubling their stake after each losing bet.