Watching a horse race can be a thrilling experience due to the pace, power, and athleticism of the runners that battle it out for fame and fortune. Yet this excitement is ramped up tenfold if you have money riding on one of the horses. It is the same with golf: watching a big tournament unfold can be great fun, but if you place a bet on one of the players it becomes charged with intrigue, drama, and excitement. Yet it can be hard to know where to start, so follow this gentleman’s guide to betting on horse racing and golf:
Find a Reputable Sportsbook
It is imperative that you find a sports betting site with a long history of quick and fair payouts and strong liquidity. A sportsbook like BetDSI is a good example of an established, reputable operator that has earned the trust of sports bettors over many years. Some sites are simply set up as scams and they will withhold payments for bogus reasons. You should look out for well-known sites that put safety and security at the heart of their business models, and that offer compelling sign-up bonuses, on-going promotions, and loyalty schemes.
Do Your Research
You should always arm yourself with as much information as possible before making an educated prediction, rather than simply betting blind. If you want to bet on a particular horse race, you can study the form to see how each runner has fared recently. You can check out their winning times, their fatigue levels, the sort of going they favor, the distances they perform best over and any head-to-head history between horses that have raced against one another previously.
You can find plenty of sites offering this sort of information, and the same is true for golf tournaments. Check out previous winners at the course and see who fits that profile best. Does it suit players that can generate plenty of power off the tee, or is scrambling more important? Does it have narrow fairways and is accuracy from the tee imperative? Ask yourself these sort of questions, see who is in form and make your selections.
Avoid the Temptation to Always Back the Favourite
It is always tempting to bet on the favorite as that player or horse is typically in fine form and looks strong. However, the favorite wins less than a third of the time in racing, so you need to pick and choose wisely. Look out for horses that genuinely deserve to be the favorite and back them, but avoid blithely backing the shortest priced horse in every race. Look further down the card for value, hunt out horses that should enjoy a step up or down in trip or that could defy expectations after being unlucky last time out.
Golf is such an exciting sport nowadays because it is so open and unpredictable. It is tempting to back Rory McIlroy, Brooks Koepka or Dustin Johnson to win every tournament, but they are often usurped by less heralded rivals. You will find much more value further down the field, and you can bet on a few different players each-way at long odds. If one of them lifts the trophy, you will generate a significant profit.
Practice Sensible Bankroll Management
The most important thing for gentlemen to consider when betting on sports is that you must never bet outside of your means. Set aside a bankroll that you can afford to lose, and bet sensibly with it over a prolonged period of time. You can increase the size of your stakes if you are successful and riding the crest of a wave. But never bet drunk, never bet when angry and avoid betting in rash fashion when chasing a loss. It is supposed to be fun, and if you can generate a profit too then that is perfect. But follow the old adage: when the fun stops, stop. Regroup and go again at a later stage when you have replenished your bankroll and you are ready to resume the fun.