Horse racing is a major establishment in New Zealand and surrounding countries such as Australia. Some of the world’s best racehorses were born and bred on New Zealand soil and went on to achieve success internationally.
Betting on horses has always been popular and is even more so now that one can make use of online and mobile sports betting sites in order to place wagers.
Popular Races Vs. Smaller Races
Every New Zealand punter knows about the big popular races such as the Melbourne Cup. What some of them don’t take note of is the smaller, local races which are run at a number of tracks. These races can be just as profitable provided that you get good odds and know enough about the horses competing. Keep an eye on local sports betting sites for smaller local races, and you may just find your pocket heavily lined.
Choosing A Horse
Obviously the main aim of betting on horses is to try and pick the winner. This isn’t always easy to do as many horses may have the same odds. Speaking of odds, that is always a good place to start.
Odds give you an idea of how the race may turn out; the horse with the highest odds will most likely win when punter make decisions in Caulfield Cup betting. That’s not to say that one should just bet on the horse which is the favourite. The higher the odds on a horse the smaller the pay out and return for your wager will be should it be successful. Spotting a potential underdog could be much more profitable.
Knowing your runners is imperative when betting on horses. Take the time to read the form sheet and do some background research on each runner. Take note of how many times it has run at that particular course, and how it did. Some horses run well in heavy conditions and some don’t, and with New Zealand climate knowing which is which could be very useful.
Bloodlines and The Part They Play
Bloodlines are not the be all and end all of a horse’s potential performance, but they can play a part in it. Many of the well known winners have come from the same bloodline, so it is well worth your while to get to know them and how they impact a runner’s ability.
That isn’t to say that a totally unproven bloodline can’t suddenly pop up producing winners. Jet Master was a famous horse in South Africa who went for next to nothing on the yearling sales and was only bought out of pity. He went on to win 17 races, eight of which were grade ones, and sire a crop of successful foals.
Choosing Your Site
Choosing a betting site on which to place a bet on the ponies is almost as important as knowing which horse to bet on. There are a number of sites which are available for New Zealand punters, both local and international.
Your chosen site should have odds which are in your favour, as well as a good track record. Beware of placing a bet with a site which does not have much history or reviews, even if the odds are incredible. Good sites have good security, ensuring that your hard earned money is safe and sound.