As a punter in horse race betting, it is always beneficial to distinguish between the favourite and true favourite, so that you enjoy greater earnings over your stakes. For this, you may analyse positive characteristics stated there on the form of the horse.

In horse race betting, horse's form is the record of important events that displays performance of the horse in last races played. This form identifies the horse's dam, wider pedigree and sire. The horse's form helps punters and tipsters to predict the performance of horse in soon to be held races.

As you analyse the horse forms, you will come to know that many favourites enjoy winnings provided they have not much question marks opposing them. You may sound irritating. However, if you set apart the weak favourites from strong contenders, you are bound to win an 'edge' for maximising your profits in horse race betting on betting exchanges.

The list below describes form criteria, which you may apply to market leader, be it in any race:

1.Horse and Track: It shows the recent track record.

2.Horse and Class: It shows the potential or ability to compete seriously in the modern-day race class.

3.Horse and Recent Form: Analysis of form since the past few weeks.

4.Horse and Draw: It shows any disadvantage that is applicable.

5.Horse and Race Distance: It shows the obvious potential or ability of running competitively by keeping pace with today's distance.

6.Horse and Going: It indicates the ability of handling today's ground.

7.Recent Record and Trainer: The trainer needs to own minimum two or a single winning horse within past 14 days.

8.Track and Trainer: The trainer needs to possess strike rate at least about 10 percent latest on track.

9.Track and Jockey: The jockey needs to possess strike rate about 10 percent latest on track.

Overall, identifying true favourite indeed matters whenever you wish to bet against a horse. By this, you remain aware of the real prospects of winning. Take your own time for analysing the main aspects of horse form. Find out which horse is weak favourite or strong favourite.

After you decide that a horse is suitable to be defeated and is low-priced, it indicates you have known the perfect lay bet. Hence, it is a smart move on the part of punters to bet against the favourite, as it assures maximum profits.