Betting on horses has notably been a favourite hobby for horse owners, gamblers and everyone associated with racehorses. There are much more to discuss about how you can master betting tips on horse racing website. But do you know the history of horse race betting particularly at Aintree Racecourse? Read on to learn the whole story.
Aintree Racecourse is commonly known as the Home of world-famous grand national. It was first opened in 1829 after one Lord Sefton leased a sizeable plot of land to Mr William Lynn, who owns Waterloo Hotel in Liverpool. The course was later built along with a grandstand in 1836 and staged a series of different races, which include several flat races.
The initial plans of Lynn was to stage only three meetings yearly on the course, but the events held during the first few years gained more and more popularity and inspired him to introduce a famous steeplechase. Perhaps this became a new turning point to the sport that had drawn the attention of many people. The first Grand National was called The Grand Liverpool Steeplechase was held a decade after Aintree racecourse first opened. Since then, horse racing has never been the same. Now The Grand National draws international crowds and coverage.
The Aintree horse racing track, as well as Grand National, was tremendously affected by First and Second World Wars. The events had to be abandoned since it could not be held any longer. However, the track gradually began to recover after the post-war years. A lot has been done to restore the glorious times of the anticipated events, and it is now one of the most embraced and prestigious tracks in the British Isles. There is no doubt that racecourse is the United Kingdom’s iconic racing venue.
The track also has undergone tremendous changes over the years in a bid to enhance the safety of both horses and riders competing in various races. The commitment and development carried out aim at upholding the status of the racecourse.
If you want to find out more about the track, British Racecourses has a full guide to Aintree Racecourse with up to date information about the iconic venue which truly has shaped horse racing .
When did horse betting first start?
The art of horse betting is as old as racing itself. The government, through Winston Churchill, passed the Race Betting Act in 1928 to control illegal off-course betting operation. Perhaps this meant to provide a legitimate, long-lasting solution. The legislation was also a big plus in the sport activity since the profits made from betting aimed at investing back into the sport. After the government started controlling race betting and imposing tax, it lent a fair amount of credibility to sports betting. People could no longer go through an undesirable operation when placing their bets or illegitimate gambling rigs.
Who took part in betting?
Horse betting was first considered as an elitist sport that was only limited to the aristocracy. But when the rules and regulation were put in place, it became a universal spectator sport where people from all walks of life could wager.
When did horse betting first begin at Aintree?
The Racecourse Betting Act of 1928 gave a leeway and betting guideline to betting institution. It made The Tote organisation the solitary UK Company permitted to organise pool betting for horse racing events. After passing the legislation bill, English horse betting became one of the foundations of British betting culture. Aintree racecourse was the centre of thrilling horse races when betting was first made legal. Punters across Great Britain took the whole idea of placing bets on various racing. The new era online gambling later took over in 1996 when the first fully licensed online betting site was launched. This ushered in overwhelming new other sites that began to spring up as many people find it a convenient way of betting at the comfort of their homes.
Were there any notable historic bets at Aintree?
While there have been increasing online horse betting sites in the recent years, Aintree remains one of the greatest arenas with notable historic bets in British pastime. According to British Horse Racing Authority, the official statistics show a notable increase in attendance during horse racing festival following the tradition of betting at the track.
With this increase in attendance there have been some record betting wins, for example in 2019 a lucky punter won over £182,000 off of a £2 stake! Not bad for a days work, right?
Like any other sport, horse racing has become more interesting and exciting with betting. Are you a fan of horse racing and you want to enjoy betting on it to earn extra penny as a profit? Well, you do not necessarily need to go to the racecourse race track to catch up with the enticing game. Horse race betting online is an excellent option for horse racing enthusiast like you to place your bets without experiencing hassles of going through the crowd.
You must be tactfulSports betting is an activity that requires tact because the decisions you make have to be very well thought out. Choosing the best odds, wagering with the right amount of money that you can afford to lose, and having the frame of mind to know when to refrain from placing wagers requires someone who is tactful. This usually helps in increasing your wins and reducing loses.
You must be graceful in both good and bad timesWhether you are a professional or amateur gambler, losing and winning are always realities that you must accept in equal measure and in fact be ready to register more loses than wins. What maters however is your ability to break even and even turn a profit despite the losses. You must therefore learn to be graceful in both the good and bad times by celebrating your wins and accepting your loses
You must always stick to your strategyMany partakers of sports betting will always brag about having sure strategies that can guarantee you a win. Sometimes, even bookies will try to convince you by giving you some predictions that promise really good potential returns. You must be able to ignore all this noise and focus on playing according to your strategy if you want to increase your chances of winning.
You must be able to manage your budget
In order to increase your success rate in sports betting, you must always think about a long term strategy and this involves managing your budget with a lot of discipline. As you are assessing your wins or losses, it shouldn’t really be about the number of bets you have placed but rather on how much you have wagered. Your budget is assessed in its entirety to see whether you made a return on investment. When you put all these traits together in good use, you will realize that your decision making will be on point, and your gambling will often be more of a tactical move than an emotional move thereby increasing your chances of winning and reducing those of making loses.
The news about the lifting of the US sports betting ban was a decision that was long overdue. To think that for the past 25 years, gambling enthusiasts have been denied an opportunity to freely partake in this activity across the country yet it was unconstitutional is puzzling. This bold move by the Supreme Court has therefore been lauded by those of us who partake in these activities.
Now that we are free to engage in sports betting, we believe that it’s an opportune time to educate you on how to engage in sports betting more successfully. Therefore, here are four ideas to start you off.
You must always be realistic
It’s no secret that every gambler will always have that strong desire to walk away with the jackpot which is usually a very tantalizing offer, however, not many get to do it. In as much as it’s always a possibility for you to win big, you must always realize that it’s not that easy. You stand a better chance of registering many small wins than you do one big win. Therefore you need to be realistic in your targets.
Take time to learn
In sports betting, there are a number of things that influence your ability to win such as what happens on the field of play as well as what happens in the betting arena. It’s therefore important for you to learn as much as possible so that by the time you are placing your wagers, it’s from a point of knowledge and not just being done out of ignorance.
Always stick to your budget
Your ability to determine whether your gambling is bringing in a return on investment will heavily be reliant on how your wins or loses compare to your budget. Having a budget helps you calculate profit or loss by simply subtracting what you are remaining with after all the wagers have been placed and the results have come in. if your earnings are more then it means you are doing great.
Never operate without a strategy
Just like the teams on the pitch will rely on a strategy to win so should you outside the pitch rely on a strategy to register returns on your wagers. The reality is that engaging blindly in sports betting is a sure way to lose your money therefore you must take your time and develop a good strategy in order for you to increase your wins.
These are pretty simple ideas which whether you are an amateur or pro in sports betting, must be basic requirements in order for you to successfully partake in this activity. We trust that you are well on your way to becoming a successful bettor.