The Breeders Cup is fast approaching, with only a few weeks left. The event is considered the World Championship of horse racing, so you can safely assume it will be enormous. With many big names in the horse racing industry coming, like trainers, horses, and jockeys, there will also be many celebrities, athletes, and politicians coming.
This is especially because the location, Santa Anita Park in Arcadia, California, is close to Hollywood. That said, if you want to try your luck in the upcoming Breeders Cup, we can help you with that. Here are some tips to help you win big in the Breeders Cup.
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Do Your Research
Knowledge is power, and that can also be applied to betting. Without the proper knowledge, you will go into the Breeders Cup blind as a bat. Of course, this is detrimental to your chances of winning since you won’t know which horse to pick or which race has value. That said, if you want to arm yourself with the knowledge, one thing you can check out is the event itself.
The event has more than ten races, but the biggest ones should be the 2023 Breeders Cup Juvenile Race and the 2023 breeders cup classic. You can call them main events in the whole spectacle, so you could assume that there’s a lot of money to be had in there.
You can also look at the horses’ track records if you’re looking for picks. You can usually see them in the racing form, which you can buy in the park if you plan to go there. You could also find information on the horses online if you still have the time to study. And while you’re at it, why not pick up some strategies and systems you can use for the event?
Don’t Bet Blindly on the Favorite
Regarding statistics, the horse with the biggest chance of winning will be named the favorite. While at first glance, it’s sound advice to bet on them, betting on them all the time is a mistake. With that in mind, do you know that most favorites only win a third of their races? In short, they only win 1 out of 3 races, which might be good on the surface, but it’s still a low chance for you as a bettor.
That said, you should check out the background of the favorite first. For example, if the favorites run fast on a synthetic track surface, you might avoid getting on them during the Breeders Cup since the event only uses dirt tracks, except for its iteration in 2008.
Spread Your Bets
There are dozens of types of bets you can make in the Breeders Cup. Of course, the usual bets are there, like the win, place, show, exacta, first two, etc. With a lot of choices to choose from, betting on the just one during the event will not yield you profit. You should spread your bet when you want to profit. For example, let’s say that in a certain race, there are three horses out of seven that have big chances of winning.
Instead of betting on just one horse, why not bet on all three? With the use of dutching, you can divide your bets into three. For example, you can bet 25% each on the horses with the least chance of winning and the other 50% on the horse with the biggest chance of winning. You can also do this through an across-the-board bet for a bigger payout.
Bet on Recent Winners
Horses that have recent wins are generally a good bet. As mentioned earlier, you can usually see their track records in the racing form. That said, if a horse won at least three of its most recent races, they can be considered a good bet, but why? This is usually because horses, especially those who just came out of resting, can only return to their peak physical prowess after two to three races. This is especially true if the horses are increasing their places in their finishes.
Shop for Odds
Not all odds are equal. You’ll notice this when you shop for odds online. Usually, the difference in odds can only be single digits, but those can change your payouts. Yes, the difference in payouts might be too little, but if you make this a habit, they will be stacked in the long run, making them hundreds or even thousands. As a bettor, you should always look to get the most bang for your buck.
The Breeders Cup is fast approaching, and if you want to try out your luck in the event, you might want to follow the tips we discussed above. They are proven effective, and even veteran bettors are still using them. With all that said, good luck, and see you there.