Understanding Horse Racing Market Moves Following the money in horse racing is a mind of freeinformation and worth pursuing. Here are a few tips to how the betting market works. These price fluctuations reflect the options of thousands of gamblers across the country that have spent many hours studying form, examining ground conditions and checking the horses condition in the paddock. A horse’s recent form can be further evaluated by checking its strength in the betting market. Some punters use market moves as one of the main ways to finalise their bets. The idea is that the collective opinion of all these thousands of punters will provide a more accurate idea of the winner of a race. A horse that has been backed down in price from its morning odds quite heavily is called a steamer. Market moves for unraced horses with no exposed form in maiden races are also worth checking. One idea for using market moves is to back the horse that you think will win from your usual form study. If it is favourite just before they go off double your stake. If it has drifted in odds then bet on the horse that been backed into favourite as a saver so you have two horses running for you. Some of the things that effect market moves are, •
The state of the horse in the parade ring before that race.
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Recent form of a horse.
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A change of jockey from a moderate one to a top classjockey.
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Connections in the know.
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inside information from the trainer who knows the horse is in peak condition
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Sudden change in the ground conditions.
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Horse racing tipping phone lines have a big effect on morning price changes. A lot of the big bet punters all wanting to back the same horse will shorten the odds.
With so many professional form students now in the game as soon as a horse’s morning price comes out they will know at an instant that the horse is very well handicapped. If the horse has opened at a big price of say 15/1 and they know a more realistic price would be 5/1 the word will get out and the price will soon shorten. So if you want to benefit from all the hard work by the professional just follow the money. If you only bet when you are fully satisfied that everything is in your favour you will benefit in the long run. Good recent form with the ground, course and draw all in your favour. Plus good trainer and jockey form taken into account combined with the horses price remaining strong in the betting market will give you your best chance of coming out ahead of the game.
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