With betting now playing a huge part in the world of sports, it’s no surprise that motorcycle racing also has a huge following when it comes to gambling.
As a sport that is so unpredictable, motor sports offer great appeal to punters, who enjoy the test of trying to work out how a race could unfold and who they want to bet on to win it.
However, if you are new to betting or fancy have a punt on the next British Superbikes race, then you need to make sure you are aware of some vitally important tips for betting.
In this guide, we are going to talk you through the top three, which all act as great information for the first time bettor or a reminder for those experienced gamblers.
Know Your Sport
At some stage in our lives, we’ve all experienced some form of beginner’s luck, whether that is getting a bargain from a new bike shop or playing a new game and winning. Eventually though, that luck tends to wear out and that is where knowledge and experience is needed.
The same ‘rules’ apply in gambling, where for most people you tend to lose more times than you are going to win, so to improve your chances, it helps to have a good understanding of the sport or event you want to bet on.
As we already mentioned, motor sports can be unpredictable, but if you have an idea on what the best bikes are and who the best drivers are, then you’ll be setting yourself up for a better chance of backing a winner. Also form is another factor to consider, with some riders performing better at some venues.
To be an even better punter, you need to have a good grasp of the variables and how they might affect a race. These often include the surface type, length of the race and even the weather. If you are able to identify which rider is best suited to the conditions, then you can be more confident in your bet.
Do Your Research
As you’ve already guessed, the best punters in the gambling world are often those that have the most knowledge. From knowing the difference between a favourite and a each-way shot, to having an idea on what bet type to place, the more you know about gambling, the better your chances of winning.
It’s always wise to do your research before placing any bet, and there are numerous websites that can give you tips and betting advice on all the latest sports betting markets.
There are also plenty of people who make a living through the sports betting community online and share expert advice on a range of sports, including motorcycling racing. A quick look through social media will flag up plenty of potential people to follow and as long as they have a strong number of followers, it’s always worth checking in on their advice for a second opinion on your bet.
Understanding The Odds
One of the main factors involved with the gambling industry are the odds, which can be displayed in fractional or decimal format depending on your bookmaker. In Europe, they tend to come in the decimal form, with the United Kingdom opting for the more traditional format of fractions, which often show as 2/1 or 5/1.
If you are a newcomer to betting, the general rule is that the number on the right of the fraction is your stake, and the number on the left is the amount you stand to win if your selection is correct. For example, if you place a £1 cash bet on a 5/1 winner, you will win £5, plus your £1 stake will be returned. If you put a £1 bet on a 5/1 selection and it loses, you will lose your £1 stake.
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