The Breeders’ Cup is among North America’s most awaited horseracing spectacle. Hundreds of thousands watch the Breeders’ Cup from the venue or their homes through live streaming every year. The Breeders’ Cup is among the most significant horseracing events in the country, along with the Triple Crown Series, composed of the Kentucky Derby, Preakness Stakes, and Belmont Stakes.
Of course, such a horseracing event with a long history won’t be so popular without betting. Every year, millions of bets are collected in the race. This 2024, the total purse is expected to reach $6 million, with $3 million dedicated to the winning thoroughbred in the meet. Learn more about betting in the Breeders’ Cup and some winning strategies in this annual horseracing event.
Choose a Reliable Betting Site
Many don’t want to wait in long queues at betting kiosks if they plan to watch the race from their homes. The best option is to choose a reliable betting site online. In picking a betting site, there are many things you have to consider. Don’t just randomly sign up for a site you found in the top section of the search engine results page. You can ask for recommendations from fellow bettors or assess the reliability of some betting sites on your own. For instance, you may bet on the breeders cup with TVG, along with other top-rated betting sites online.
This will help you gain peace of mind as you deposit your bets, knowing you can withdraw your prize money when you win your bet. One criterion is the offerings that a specific betting site features. For instance, check if they feature deposit bonuses, customer loyalty points, and other bonuses and promotions to retain customers.
You must also check if the website has a professional design that you can easily navigate. Of course, checking online reviews on these sites can help you decide which one to pick. You may also test the responsiveness of their customer service by contacting the number or email address indicated on their contact page. This way, you will know if they are committed to attending to customer concerns, thus demonstrating their reliability as an online betting site.
Employ Bankroll Strategies
Whether you are a seasoned pro or a newbie in horse betting, you must employ a bankroll strategy so you won’t end up with empty pockets at every end of the race. Even the most skilled bettors could experience a lose streak. Without a solid bankroll strategy in place, one can end up losing everything in their account, even with unmanageable credits under their name.
The rule of thumb is to only dedicate 1-5% of your bankroll to a particular race. This strategy is important for those planning to bet long-term, targeting to gain profits from their betting activities. Conversely, if you are just betting on a one-off race, this shouldn’t be a serious issue. Just bet an amount you feel comfortable losing.
Read News Columns
One of the most valuable resources for horseracing bettors is the news column published by specific betting sites. As the Breeders’ Cup approaches, you will find many news articles about the competing thoroughbreds, jockeys, and owners. These updates will hint at the horses’ condition and probability of winning in the upcoming race.
You may subscribe to newsletters of esteemed horse betting experts and find time to read them. If you are serious about winning, reading these references should be an effortless, routine task.
Research About the Jockeys
New bettors tend to focus on the thoroughbreds’ racing history and experience, neglecting the ones in the driver’s seat. Strike a balance between researching the horses and the jockeys, as these actors equally contribute to the result of their placement at the finish line.
When researching about jockeys, look at their racing history. Check if they have recently won or lost a race. You should also know about their health, specifically if they have gained weight recently or just returned from a hiatus from the track.
Moreover, check if they have mounted the horse in their previous races. Or if they have raced in the dirt, the official track in the Breeders’ Cup. If it’s their first time riding a horse on dirt, you should think twice then.
Start Small
If you are new to betting and plan to place your bet on the upcoming Breeders’ Cup, it is recommended to start small to observe and learn the ropes before betting big on the next Breeders’ Cup or in other horseracing events after this event.
Remember that you are exposed to a high risk of losing your bets without a solid strategy in place. So, betting large amounts on a specific race during your first time will be risky. Of course, that will be accepted if you are comfortable about losing a large sum on your bets.
Final Thoughts
Betting on horses is just like betting on other sports events. Without strategies, you are exposed to a high risk of losing your bets. This is why referring to expert tips and strategies on betting safely and responsibly in large horseracing meets like the Breeders’ Cup is crucial. There are a few days left before the big event, and by following the strategies we have covered here, we hope you are now confident about placing your bets this November 3-4.