Every year, thousands of horse racing enthusiasts and sports bettors converge on the horse racing tracks in Malaysia. In addition, there are several bettors who lay their wagers online on their favorite horses. The air is full of anticipation- the race lovers would want their favorite animal to win, while the bettors are keen to net big money.

This article approaches horse racing from the point of view of the bettor. It lists down some common mistakes that bettors make on horse betting Malaysia website.

  1. Not knowing the terms and definitions

Bettors who are new to the Malaysia betting circuit need to at least know some basic terms on horse racing. It is astounding to see many newbies not making the effort to at least understand the basics of the game. Some of these common definitions are- Win, Place, Box Trifecta, and Exacta.

Win means picking the horse that will win the race, while Place is selecting that horse which will come second or third.

Trifecta means the horses you have selected have come first, second and third. Box trifecta is the order of the top 3 finishers; it doesn’t matter whether you have placed your bets on the top 3. Exacta means that the bettor should pick the top 2 participants in that order.

  • Following the trends

Another common mistake that most rookies and pros make is follow the trends mindlessly. They analyze all the races, and based on the trends pick those horses which have won the most races in a given period. In short, these bettors are studying statistics, and not betting at all.

Please understand that every horse race is an independent event. A horse that has won 35% of its races may not win its next race. If you truly want to predict which horse will win, please read all the factors listed on your horse betting website. Study each horse comprehensively, and then make your judgment.

  • Not choosing the right horse betting Malaysia website

Another costly mistake that many horse bettors commit is not choosing a genuine website. In the process, they are scammed of their hard- earned money.

In your journey to becoming a millionaire, you will encounter many horse betting websites that will lure you with lofty offers. They will promise you a lot of money in return for your bank account details. These websites are fake, and don’t trust them. Do your own research on genuine horse-racing websites.

  • Not using bonuses and promos

Another common mistake that many of us commit is not using our bonuses and promos properly. In fact, we don’t even use them sometimes.

Some gambling activities like horse-racing can fetch you a lot of money if you used your promo codes and bonuses imaginatively.

To sum up, please avoid committing silly mistakes if you want to become a top-notch horse racing gambler. In order to become a pro, learn from your past mistakes, but never repeat them.