IN a land with The Premier League action, horse racing still holds its own as one of the most favourite gambling niches across the UK. Even those who are not into horse racing are known to get amongst the excitement when The Grand National comes around. For those who are into horse racing all year, they will probably want to do more than enjoy the thrills.

Smartphones have been a revelation to racing fans with everyone being able to enjoy popular games such as Scudamore's Super Stakes and Frankie Dettori’s Magic Seven. But more importantly, these mobile devices have also made betting on horses seamless, and gamblers can now make their predictions from anywhere. Using the best horseracing apps, you can place a bet on your horse in just a matter of seconds. These apps also help you find the best odds for the race, which is a good strategy in itself.

The even better news if you do want to win more money from horse racing is that there are other strategies you can adopt. Here is a breakdown of one of the best horse racing strategies so you can maximize your horse racing income.

Using a Points System

A three-step points system can be used to help you make a logical decision on which horse to back from a shortlisted group of front runners. You award points to these horses based on their performance in the last three races. Race winners receive 5 points, second places get 3 points, third finishes take 2 points, and fourth place receives a single point.

Then, further points are awarded:

1. The horse has won over course = 2 points

2. The horse has won over distance = 3 points

3. Both of the above apply = 4 points

4. The horse was a beaten favourite = 2 points

5. The horse is in initial 3 of betting = 3 points

Next, add the rating given by the Racing Post to each horse's score – and then add points based on the odds offered (Evens = 21 points, 6/5 = 21 points, 5/4 = 20 points and so on until you get to 5/1 or longer odds, which receive 7 points.

As an example…

To put this points system into practice, here is a shorthand example of how it would work:

Newmarket 12.30 – Rule the Tracks

His form gives him 20 points

The Racing Post rating adds on 78

His odds are 11/8 which adds 19 points

Total score = 117

The Limitations

The most significant limitation of this method is that it takes time to calculate the different horses. It would be best if you adopted this technique in advance rather than trying to work everything out between races. You may want to keep a calculator to hand if you do decide to implement this strategy on the go.

Along with this strategy, remember to chase down the best odds and seek out any welcome bonuses that will help you win bigger!