Horse Race Betting for Beginners and Beyond | Vemula, Kris | ISBN: would not move on from a topic until he had explained it from several different angles. Timefigures measure the performance of horses not on their form one against 0 Bet Slip. My Bet Timeform Computer Timefigures explained. Other basics such as morning line odds, real time odds, and the para-mutual betting system are explained. Finish position, trifecta, superfecta, and pick
Advanced Lay BettingThe term 'Acca' simply refers to a multiple bet with four or more selections. What makes up a four-fold bet. Newmarket horse racing. Landing a. Back a Winning Horse: An introductory guide to betting on horse racing (Teach will also explain in full where to bet, how to bet, and how to do so successfully. Horse Race Betting for Beginners and Beyond | Vemula, Kris | ISBN: would not move on from a topic until he had explained it from several different angles.
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Betting on a horse race for the first time — even the first few times — can be an intimidating endeavor. This video that walks you through how to chose a horse using past performances and then read on for an explanation of the various betting options as well as some key betting terms to know.
TheAction: The Past Performances from America's Best Racing on Vimeo. Across the board — A bet on a horse to win, place, and show. If the horse wins, the bettor collects three ways; if second, two ways place, show ; and if third, one way, losing the win and place bets.
Exotic bet — Any bet other than win, place, or show that requires multiple combinations. Examples of exotic wagers are exacta, trifecta, Pick 6, Pick 4.
Daily Double or Double — Type of bet calling for the selection of winners of two consecutive races. Exacta — A wager in which the first two finishers in a race, in exact order of finish, must be picked.
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Horse racing is a classic betting sport, but with the rise of the Internet, things are a bit more complicated. We hope that the above guide will help you read the betting odds in a more educated fashion and help you win.
In majority of the cases of horse race betting, a pari-mutuel betting is used. Best Sports Betting Sites. Horse betting or betting on horse racing is an eventuality that commonly occurs at many horse races.
However, with the advent of technology, the concept of online horse betting is now becoming increasingly common. Online horse betting is simply the case when bettors make their horse race betting online without having to come down to the horse race tracks.
Making online horse betting or betting horse racing on the tracks, it is important to know that most tracks used the pari-mutuel betting system to distribute winning for punters winning horse betting.
As explained earlier in the introduction, in a pari-mutuel betting, all the money that punters as put forward in stake are pooled together.
A deduction is then made from this pool before sharing the pool in proportions among the winners. Among the usefulness of this deduction made from the pool before sharing include providing purse money to participants and also a sizeable sum of tax revenue, given the huge amount of money wagered annually on horse betting.
There are diverse aspects to discuss under the topic of horse betting. However, to make the discussion interesting and relevant, we will start by providing a very succinct explanation of the different betting types that are available to punters in horse racing betting.
There are quite a number of them but some of the most popular betting types in horse racing betting or horse racing gambling include but not limited to win single, each-way bet , patent bet , trixie bet , Yankee bet , Lucky 15 bet, Lucky 31 bet , tote place pot or jackpot, to name but few.
To get a more in-depth explanation on these betting types, click on them to read our more in-depth articles on each one of them.
Another important aspect of horse racing betting to discuss is understanding how to read horse racing betting odds. Many punters find this very difficult, perhaps given their lack of quality experience and short time period spent on horse betting; however, understanding these horse racing odds are quite simple.
Odds are simply the return that punters can expect to get supposing their selection horse they bet on is successful. Odds reflects the amount of money bet on a horse.
In most cases, you will see odd written like this: , , etc. This form expresses the amount of profit to the amount invested.
Unlike the format of horse racing betting odds discussed above, calculating payoffs in a pari-mutuel system is a little different. A horse at listed horse racing betting odd of will be calculated by dividing 7 by 4 to give 1.
This is the mutual payout. There are a numerous horse racing betting tips and guidelines you can follow that can help you make more informed decisions, however, horse racing is, after all, a sport in which anything can happen and where plain old luck can often prove to be the most deciding factor.
In the sections below we will be going over only the most essential handicapping methods, which can increase your chances of picking a winner.
Our aim is not to give fool proof tips on how to make a fortune, but rather, provide some sound advice on how to discard noncontenders and decide which horse, or horses, really merit a wager.
Note: these tips only apply for straight, win only wagers on a single horse. Many punters choose to opt for a more strategic approach to betting on horses in order to try and seek out the best value in the market.
There are a number of widely recognised betting systems that can, if used properly, can increase your expected value. Here are some of the most well-known, well tested horse racing strategies listed below.
Dutching is a popular betting system that basically ensures that when you wager on a certain number of horses you make the same amount of money irrespective of which horse actually wins.
It does involve a fair bit of maths; however, it can be extremely useful if you have a set amount you wish to stake and you want to back more than one selection.
However, with the dutching strategy as shown above, you can work out how exactly how much you need to stake to cover both outcomes and ensure the same profit.
Laying the favourite is when you bet against the favourite to win a race in a betting exchange. Basically, you just put your money on a horse and if it finishes the race first, you get the money.
On the contrary! Some of those are not only really entertaining but can also result in big wins. If the horse you bet on finishes on one of the top two spots, you win!
If you get the exact order of the top two, you can expect big winnings coming your way. This is why many bettors use an alternative to the exacta bet called quinella.
The Triple Crown is exciting because of the potential that a horse will win all three races. The Belmont Stakes — the last leg of the Triple Crown is always ran the third Saturday following the Preakness Stakes.
Betting on the Belmont Stakes is very similar to betting on any other horse race. You can see how well a horse might do based on the posted odds.
But that means everyone believes that particular horse is going to win. When you are betting on the Belmont Stakes or any other horse race, you need to observe how everyone is betting so you can maximize your profits.
There are a variety of wager types which are prevalent in horse racing which is divided into two main categories. Straight wagers are typically brief and to the point with a clear payout while exotic wagers are typically higher priced with rougher odds however with fantastically large payouts.
We will cover the most common wager types which you will find at a live racetrack or an online racebook.
In a straight wager at the track, a bettor is going to have 4 main bets to choose from which he or she can place on a single horse at a time.
The odds on straight wagers are some of the more favorable in pari-mutuel betting although they do not offer very high payouts unless a bettor is picking a horse with dismal odds to outright win a race.
The most common straight bets are as follows:. Any other result would mean a losing bet. The bettor will win if the horse finishes in either of the top two spots but any other place will result in a losing bet.
Across the Board: This bet is pricier but ensures the bettor a variety of ways to win.