How to profit from horse betting quickly?

One of the major differences with sports betting is the pool betting for horse racing. Let's learn about its advantages and disadvantages.

We remind you that for sports betting it is the bookmaker who sets the odds and adjusts them according to several criteria (player injuries, home or away match, match stakes, etc.). It is therefore the bookmaker who evaluates and corrects the probability in real time on his betting offer.

In contrast, pool betting involves betting against other punters and not against the bookmaker. The probability of winning the bet, i.e. the odds, changes according to the choice of bettors and the volume of the bet exclusively.

It was this notion of pooled betting that was the basis for the creation of the PMU (Pari Mutuel Urbain) in 1930.

Table of Contents

• The benefits
• The drawbacks

The benefits

Pool betting has many advantages, such as

• Playing against other bettors and not against the bookmaker means that the bookmaker will never lose, regardless of the finish, and therefore the player will not be limited in his bets by the bookmaker as can be the case in sports betting, even if the ANJ fight against such practices.
• The horse bettor can play the day before the race, in the morning, at noon or even one minute before the start, without any impact on the validated odds. It is a great flexibility in the organization of his betting life. On the other hand, in sports betting, the time of the bet is a very important element to take into account.
• The value of analysis. The horse bettor who makes a rather sharp analysis of the race and who finds little known horses will have an important advantage over those who are influenced by the prognosis of media horses. Indeed, by playing against the grain of other bettors, the former will have better values than the more popular horses.
• The huge advantage over sports betting is that pool betting allows you toto obtain consistent data with a reliable balance sheet. Indeed, with common odds, it is possible to analyse all horses meeting certain criteria over a given period. In sports betting, these statistics are impossible because the odds fluctuate and it is difficult to find the evolution of an odds for a match that took place several days ago on the bookmakers concerned.

The drawbacks

Pool betting also has some disadvantages, such as:

• The absence of a notion of value at the moment of taking the bet because the odds fluctuate enormously up to the start of the race and even afterwards for bets made in the last few seconds. This means that the bettor plays a horse without knowing if the odds are interesting to play in relation to the probability he has given to his bet.
• The odds in the single placed game depend on the arrival of the other two horses that complete the podium. Indeed, if a horse arrives in the first 3 with two favourites, its placed odds will be lower than if it arrives with two underdogs or two losers.
• Sports bettors are not used to this type of operation and find it difficult to adhere to horse racing, particularly because of this principle. The abstract nature of the value of the validated bet is a hindrance for sports bettors, who are often looking for the best odds on the various bookmakers.
• The sharing of predictions on a medium or large scale leads to a more or less significant drop in the odds. This is why we can ask ourselves many questions about those who sell or share their predictions. Except for the event race of the day where the mass makes the fluctuation less, for the other races it is a strong risk to win less by sharing your horses.
• In the same way, there are few highly specialised training courses in the field, because the sharing of knowledge leads to a better competence of the bettors, and therefore a potential drop in the odds on the horses to be found. The interest of the Apprentice Bettor site takes on another dimension when one is aware of this phenomenon.
• The horse bettor is dependent on the bets of other bettors, both on the choice of horses and on the amount of the bets. By betting on outsiders with the same stake, the odds will fall more quickly on secondary races than on the mass market.
• The fact of not knowing the exact final odds of each horse, also prevents from playing several bets in order to guarantee a certain profitThis is the case with sports betting surebets.

Although there are more disadvantages than advantages to spread betting, this is an element to consider when making bets and over time the disadvantages dissipate to give more importance to the advantages.