Betting on horse racing is another popular sport in the UK. Many people like to place bets on the outcome of horse racing as well as grey hound racing. In the past few years, multiple businesses have sprouted up, which actually aid people to place such bets and improve their chances of winning money from these bets.

People have been placing bets on horse races since very ancient times. In fact one can argue that the process of placing wagers on horse racing is as old as the sport of horse racing itself. Betting on horse races can be both fun as well as profitable provided you know what you are doing and provided luck is on your side. Look up the internet for multiple sites that offer you assistance on the same.  These websites provide you with different types of advice on the small facts and figures that you need to pay attention to, the different types of tips and tools that you can look at to help you and also the different mechanisms involved in the actual procedure of placing a bet.

A few facts that might help you place bets better.

Most of the times, every race track has a live commentator who is constantly speaking about what is happening and who the odds are in favour of. Listen well and see if you can pick up any tips that might help you sway the luck in your favour.

It is normally seen that the top ten riders go on to win almost 90% of the races that are run during that particular meet.

The horses that are considered favourites by all, are more likely to win although at extremely low pay offs.

An extremely simple method of racing betting is to play a little cash on the horses that are going off at odds, 2 – 3 times at a higher side than its morning line.

Also, you have decided to place a wager on a horse racing event. Do you know that there are multiple types of wagers that can be places? First and foremost you need to decide what type of bet you are looking at placing. It can be a simple bet on one single horse running in one single race. Alternately you could choose and place a wager on the winning horse for the next half dozen consecutive races.

Along with your umbrella, sunscreen and binoculars make sure that you also have the following things ready.  Keep handy the race track program which contains information about the horses, jockeys, owners, trainers etc. It will help you place the right wager on the right beast. The DRF or Daily Racing Form provides details of the past performance of all the horses.  Also keep in hand the handicapping tip sheets that are published daily at the race tracks.

It takes a lot of skill and practice to be able to crack it and hence the most important thing to practice is patience. Start off with small bets, learn all you can and then proceed to the bigger monies. Good Luck!