Few sports are able to rival the popularity levels of horse racing and soccer, with billions wagered across both throughout the season.
Few sports are able to rival the popularity levels of horse racing and soccer, with billions wagered across both throughout the season.
The number of bets placed on the events will largely depend on the scales of the competition, with the most popular in the racing schedule revolving around the Kentucky Derby and Breeders’ Cup.
Meanwhile, major events on the soccer schedule include the Premier League and Champions League. But, due to the popularity of both sports, bets are placed on the action throughout the year.
However, are there are significant similarities between the two sports when it comes to betting on the action?
Studying the form is important prep before placing any wager, whether it is on horse racing or soccer. Looking at the latest results of those involved could identify key angles of value in the betting markets when wagering on soccer, while it is vitally important when wagering on racing.
Looking at the recent past performances of horses is incredibly important when wagering on the sport, as it will enable bettors to make a better selection with all the information taken into account.
Bettors for both sports will also take into account other angles, that includes examining the latest team news when betting on soccer, and looking at the form of the stable and jockey before wagering on a horse.
It is easy to say that research before making bets on either sport is vitally important, as refusal to do this could lead to poor decision making when making wagers.
For experts betting on racing and soccer, they will be aware that both have major events, meaning that managers could make team adjustments for minor competitions if bigger games are on the horizon.
This is also a factor in horse racing, as handicaps such as the Grand National will be the main targets for some runners, meaning that they won’t be looking to win big races throughout the campaign to blow their handicap mark. You can find more information about horse betting here: twinspires.com/edge/racing/wagering/best-bets/
As well as keeping eyes on vital research when it comes to making bets, gamblers should also keep their fingers on the pulse of what the main targets of the competitors are throughout the season.
For example, if a team like Southampton are battling to avoid relegation in the Premier League, they would be more likely to make changes to their starting eleven for a domestic cup game that will have no impact on their target for the season.
The betting markets themselves aren’t too dissimilar between the sports of soccer and horse racing. Although, some may be called something slightly different.
Moneyline betting is most popular on racing, as bettors will gain returns from their selections should their runner be the first past the post. In soccer, match result betting is very similar, as you will only need to predict the outcome after 90 minutes to get returns on your stake.
Over/Under betting is also popular when it comes to soccer, as gamblers can wager on there being higher or lower than a certain benchmark in the match. Therefore, a wager could be placed on there being over 2.5 goals. Over/Under betting is also found when betting on racing.
However, instead of gambling on the number of goals being scored, bets will be place on the winning distance of a runner. Here, a bettor could place their stake on the winning distance being over 2.5 lengths, and the returns are awarded following the official result.
Outright betting keeps engagement levels high throughout the course of the year, regardless of whether it is in soccer or racing.
An outright bet on soccer could see a gambler putting down money on a team that they believe will win the next World Cup. It is a more patient approach to betting, as bettors will gamble early to get the best price, but the returns wouldn’t be awarded until after the major tournament has ended.
This form of betting is also incredibly popular when wagering on racing. Markets for some of the biggest races such as the Kentucky Derby and Breeders’ Cup Classic open 12 months before the race.
Therefore, this is the best time to get value on your selection. However, if your horse doesn’t line up, then the stake is lost.
The biggest similarity between both sports is the fact that wagering on the action can increase the enjoyment levels experienced when watching the action.
Engagement levels will be high as the bettor will have something riding on the action, and this will typically ensure that they aren’t able to take their eyes away from the action.
Betting has had a profound impact in boosting the popularities of both sports, and that only looks set to continue for generations to come.
