If you are betting on horse racing, you have probably been given a tip at some point, perhaps on the favourite.

I've always been fascinated by why favourites get so much attention in horse racing. Whenever people are betting or look at some betting strategy, it nearly always talks about the favourite in a horse race.

However, things are not as straightforward as you would expect with a favourite in horse racing.

A regular betting market is distorted by the interest in the favourite, and you can get false favourites.

So, in this video, I examine what chance a favourite has of winning a race, how you can calculate this and what key information you need to know to get a long-term winning betting strategy on favourites in Horse Races.

If you are a Betfair Trading, carefully think about this information. Understanding how a market is priced and why will give you a much deeper understanding of how it trades or may trade.

Betting activity tends to drive the underlying market, so anticipating that betting activity will help you become a better Betfair trader as well!

But curiously, being a Betfair trader may help you find value or get a positive expectancy by getting great value odds when betting and beating the closing line.

But please remember not to mix betting and trading. Also make sure you fully understand the risks involved: -

https://www.betangel.com/risk-notice/

Download a free trial of Bet Angel at our website: -

https://www.betangel.com/

Odds Convertor:-

https://www.betangel.com/odds-converter/

Enjoy!

00:00 - Introduction
00:45 - My favourite betting strategies on Horse Racing
02:08 - Why do only 1/3rd of Favourites win?
02:44 - Decimal and Fractional odds when betting on Horse Racing
05:08 - What happened when we bet £100 on each favourite in 2023
07:34 - How I use a special staking method when I bet on Favourites
10:10 - What's the most crucial tip when betting on Favourites?
12:32 - Summary & Conclusion

#betting #horseracing #sportsbetting