The answer to can you bet on every horse in every race is – YES! But the real question you should be asking is why do you want to bet on every horse in a race? That’s because it’s almost mathematically impossible to win by betting on every horse in every race, as bookmakers build a percentage into their books to try and make themselves a profit and to allow for market fluctuations due to demand and supply.
For example, if there was a 10-runner race in which all 10 horses were thought to have the same chance of winning, the odds of each horse winning would be 9/1 (10.00). To illustrate this, if you had £10 on each horse at 9/1 (10.00), you would stake a total of 10 x £10 = £100. You would then get £100 back whichever horse won, as you would have a £10 bet on it at 9/1 (10.00) for a return of £90 winnings + £10 stake = £100.
But bookmakers just wouldn’t offer 9/1 (10.00) for every horse. You’d only be offered 8/1 (9.00), which means you’d be guaranteed to lose £10 by betting on all the horses in the race. Of course, horse racing markets may fluctuate, and the demand for some horses brings their price down and the lack of demand for some horses sees their odds drift. However, you need to be a serious player to be able to judge the markets to that level, and it’s still hard to make a profit unless the changes in the market are significant.
What’s The Best Horse Racing Betting Strategy?
Most professional punters that make decent profits from gambling find a niche and there are several ways of betting on horse racing you may wish to consider, including, laying, trading, dutching, or just betting on the horse you think offers you the best value in a race.
What Are Lay Bets?
The creation of betting exchanges allowed punters to become bookmakers with the option to lay horses that they don’t think can win. So, rather than trying to pick winners, if you think you can pick horses that won’t win, laying could be the way forward for you.
But you need to decide what type of horses you’re going to lay. You can lay odds-on shots, so your profit is bigger than your stake, or you can lay horses at much bigger odds for a smaller return on your money? Just as with any other form of betting, you need to find the value to ensure you make long-term profits.
What Is Trading In Betting?
We mentioned market fluctuations earlier and, if you’re a good judge of how the market will react, trading offers you a fantastic way of backing winners without ever having to back a winner.
Let’s say a horse in installed as the 3/1 favourite in the early markets, but you think this horse is so popular that it will be backed into even shorter odds. What you do is back the horse at 3/1 and then trade your bet back when the odds are cut. You can then take your stake back and collect a profit if the horse wins or you can guarantee yourself a much smaller profit by collecting more back than your initial stake and leaving the remainder running.
If you’ve got a good bankroll, you can also optimize your trading by taking the best prices if they are offered by the bookmakers and then trading them back on the exchanges. You just need to be a good judge of demand and supply to make a profit from trading. However, the margins can be small, so you need to put a lot of work in to make a big profit.
What Is Dutching?
Dutching is a term that refers to the strategy of betting on more than one horse in a race. For example, if you’re sure that one of the two 3/1 joint favourites is going to win a race, you will bet on them both. Mathematically, betting on two 3/1 shots is the same as having one bet at even-money, so you can see the potential merits of dutching.
But you don’t have to limit the dutching stratgey to favourites. Many pro punters that use this strategy start by trying to work out which horses they think can’t win a race. They’ll then look at what’s left and work out whether they think it is worth betting on them all.
When doing this, it’s a good idea to bet on all the horses to give you the same return no matter what the result. For example, you might have £30 on a horse at 3/1, £20 on a horse at 5/1, and £10 on a horse at 11/1. If one of you three selections wins, you’ll get a return of £120, doubling your initial stake of £60.
Dutching was an extremely popular method of betting before the betting exchanges allowed pro punters to simply lay horses, but it’s still a system to consider when you think more than one horse is available at value odds in a race.
Why Bet On Just One Horse?
Despite the opportunity to lay, trade, and dutch, most professional punters still prefer to try and simply pick the winner of a race. This is mainly because they think this offers them the best value and the chance to maximize both their profit and their return on investment.
Professional punters thrive on trying to work out the mysteries of complex handicaps or using their judgement about which piece of form is better than another. But whichever method of betting you choose, it tends to take a lot of time and effort, unless you follow the advice of professional tipsters.
Which Horse Racing Tipsters Should I Follow?
There are many ways to pick the right horse racing tipster to follow, and some of the criteria you may wish to judge them by includes total profit, average monthly profit, return on investment, and strike rate.
You might also want to consider average tips a month, the average odds of selections, and when the tips are sent out. You might also want to consider how long the tipsters have been operating. But don’t worry, Betting Gods has a variety of different horse racing tipsters you can choose from.
We have tipsters that have been showcasing their talents here at betting Gods for years, winning thousands of pounds for their members. We also have some of the best new tipping talent in the industry.
A great way to get a feel for some of our tipsters is sign up for the Betting Gods daily free tips, which has sample tips for horse racing and a variety of other sports. This is a great way to find your perfect tipster, after which you might want to consider purchasing an affordable monthly subscription to get all their tips.
We hope that’s answered your question, can you bet on every horse in a race.