You might not know it, but you can increase your profits if you put your money on the horse that has the greatest odds of losing a race. Professional punters dub this as “lay betting”. Read more to learn more about this completely reverse form of horse handicapping.

Think In Reverse

When your horse racing tips say that you will not profit on the odds-on favorite, you may want to bet on the horse that is likely to lose the race. This is a complete turn-around because now, you will be handicapping for the worst horses! Your predictions will now be based on a horse’s worst performance, figures, and stats. Also, you will be looking for that particular horse which tends to run poorly on certain weather conditions and on particular race tracks. Instead of putting your money on the youngest, healthiest, and fastest horse, you will be betting on the oldest and slowest horse among the herd.

Evaluate Race Results

Whether you are handicapping for the likely winner or loser in a horse race, you have to study horse racing forms. You can find these horse racing forms in the race tracks, in newsstands, or on the Internet. On these racing forms are past figures and stats which aids your handicaps. Remember, because you’re lay betting, you will be looking for the slowest among all the horses.

Tell-tale Odds

If you are getting your horse racing tips online, you must be using a system where you can find odds which represent how the horses will likely fare in a particular race. Odds are calculated numbers which yield the probability of a horse’s victory or loss in a particular race. And because you are lay betting, you should look for the horse with the highest odds of losing. Bet on the horse with the million-to-one shot to raise your profits!

Do Not Wish For A Miracle

With your horse racing tips, you already have your money on the horse with the greatest odds of losing. Then a strange thing happened. Instead of losing, your horse won! As a result, you lost more cash than you should have. Other times, the odds-on favorite to finish first loses the race. These strange things happen all the time. That is why you can never really discount the capability of these horses, nor can you never really put too much faith on the horse racing tips that you get. But most of the time, these horse racing tips are fairly accurate. And you can be sure that the odds – be it for winning or losing – tend to reflect the possible outcomes of a horse race.

Making money in horse races does not always have to mean betting on the winning horse. But looking to win on a horse that is predicted to lose is always a calculated risk. You may not be easily swayed by this betting strategy, but it is a good alternative to put more cash into your betting bank.

Every since the advent of the internet, the World Wide Web has opened up many opportunities for people who want to bet on the horses. You have the choice of using the human element in a horse racing tipster, or a horse racing software package, but how they compare?

The purpose of this article is to assess the differences and benefits of these two different means of obtaining horse racing tips. Certainly there are many options available online now and I do get asked regularly which system works the best, so I’ll run through this with you now.

No Such Thing As A Dead Cert

Of course, the first thing I must state is that there is no one method that can ever guarantee you selecting a winning horse. Certainly, there are ways to make a more informed choice of which horse to bet on, which means that you have a better chance of winning – the aim of every gambler at the end of the day.

However, with so many different ways to get advice about betting on horses, there are many people who are now confused as to what the difference is in terms of the benefits between a horse racing tipster service and other software horse racing systems.

Horse Racing Tipster vs Software

Well, simply put and to look at the fundamental aims of each, essentially a horse racing tipster service, horse racing software or any horse racing system all aim to achieve the same thing.

Achieving winners or at the very least eliminating horses that are not suitable to back is a process that takes into account many factors, and so the principal difference between the three aids is basically the way in which they help you formulate your selections.

For example, a horse racing tipster service will generally come up with their top selections by interpreting previous racing statistics together with additional background information that they may have on the horses, racecourse, jockeys, trainers and other associated factors.

In a sense this can become a very scientific approach and it can be as detailed as you want it to be. I tend to look at the items listed above and see what looks favourable. It is possible to get what is known as ‘analysis paralysis’ in this business, so over analysing of information, although often tempting, is not recommended.

Does Racing Software work?

Essentially, if you purchase any of the horse racing software products on the market (and there are a lot), the hope is that you will be getting the same results as a horse racing tipster in terms of analysis, but that you will be getting the information yourself and therefore you must interpret the data yourself to make your own selections.

There is also some doubt as to the accuracy of how a piece of software can fully assess all the relevant factors than are involved in successfully betting on horses, and this is just one of the reasons why people prefer to use a horse racing tipster service.

Garbage In Garbage Out

Of course, neither can be right one hundred percent of the time, it would be foolish to think so, but it is widely recognised that generally tipster services have a better chance of correctly predicting the outcomes of races. I suppose that this is because of the human element. Software relies on the information that you put into it just like a computer does, so if the information is wrong, not accurate or out of date then the end result will mirror that.

In racing, information is ever changing and factors such as the weather which affects the going of a race, a change in jockeys that are riding particular horses, and a horse’s health or recent training performances are capable of affecting the result of a race.

The better racing tipsters out there who do this for a living will generally have a firm grasp of what they are looking for and what is happening in the industry, while a software program does not have this ability of reasoning.

This is why many feel that a horse racing system based upon a software program simply cannot accurately predict a race winner, whereas a racing tipster can look at all of the up to date factors subjectively, and try to give an accurate assessment of the likely winner of a race.