One of the more popular gambling pastimes of all time has to be horse racing with significant markets in the UK, America, the Middle East and Australia to name but a few. However, while each and every horse race should be considered on the same merits many people have very different strategies when looking at horserace gambling. Do you go for the form horse, do you go for the form jockey or do you go for the form trainer?
While any of the above strategies has merit, one gambling trend which appears to be growing in popularity is “chasing the hot money”. The onset of betting exchanges has opened up gambling markets to transparency on a level we have never seen before. You can literally watch each and every pound being placed on any horse and watch the odds move up and down in real-time. There is also the opportunity to view graphs of short-term price movements and the amount of funding involved, which can often give away “inside knowledge”.
It is also worth remembering that much of the “hot money” will be placed in the final 60 seconds before the off when very often we see significant short-term price movements.
