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Horseracing

How To Bet On Horse Racing

As with any sort of online gambling, by simply knowing the rules doesn’t guarantee that you’ll prevail over the game. And since the outcome of the race depends on more than just your individual skill, betting on horse races can be a much more risky venture than other forms of gambling.

Betting on horse racing is a popular activity and there are numerous online betting providers that take bets on horse racing around the world. Horse Racing is considered as the “Sport Of Kings” considering the fact that it is most gambled on of the online sports betting markets around the world.

Here are the simple steps on placing your bets on horse racing, you can place your bet by:

  • Dollar Amount
  • Type of Bets
  • Horse’s Program Number

 
Example: “$5 to win on Number 3″

Horse Racing Betting Types

Out of all sports, online horse racing betting arguably offers the most betting options so, decide what kind of bet you want to make. There are tons of different options, in a variety of combinations.

Win Bet: the manageable and most common bet. You bet on a winner at given odds. You collect only if your chosen horse is the first across the finish line. If your horse wins, you get paid.

Place Bet: bet your horse to finish second. If your horse finishes first or second you win. However, this bet pays less than a win bet.

Across The Board: bet your horse to win, place and show. If your horse finishes anywhere in the first three positions you win. For example, if your horse comes in first place, you win the Win, Place and Show winnings.

Show Bet: the third horse across the finish line. A wager to show means you collect if your selected horse finishes either first, second or third. The bet also pays out if the horse “wins” or “places” in the race. This bet is considered safe by many horse betting experts, but don’t expect to win a lot of money: the odds are low and very conservative.

Quiniela Bet: win if you pick two horses that finish first and second, in either order, in any single race. So, if you feel Horse A and Horse B could be the top 2, but you don’t know which one will exactly win the race, you bet the Quinella instead. As long as your two horses finish in the top 2 positions, you win.

Exacta Bet: bet is picking both the winner and second place horses, in order, in a given horse racing event. The fact that the horse bettor must correctly predict the order in which the horses finish yields a higher payout.

You must pick the exact order of the horses. For example: You will win if Horse A is the first and Horse B is the second and not the other way around. Exacta betting is a favorite among skilled handicappers and can provide some very lucrative payoffs. At some racetrack Exactas are referred to as Exactors.

Trifecta Bet: win by picking the first three horses to cross the finish line in exact order. For example: If you place bet using Trifecta on number 3, 6 and 7 and 3, 6 and 7 finish, you win! Like Exacta, you must pick the exact order of the horses in Trifecta bets. Trifecta pays out well if you can pick the right horses. The payout also depends on the odds facing each horse in the race.

Superfecta: another horse racing betting types that can bring about great payoffs. Here, you should bet for 4 horses to finish first, second, third and fourth in exact order.

Boxing: where you are betting all possible combinations in a multi-horse bet like an exacta, trifecta or superfecta. It doesn’t matter how your selected horses finish as long as you have horses in the payout positions.

Daily Double: a wager where you are selecting the winners of two consecutive horse races, usually the first and second races of the day for a racetrack or the last two races of the day. This can only be made before the first of the two races starts.

For example, if you feel that Horse A will win Race 1, and Horse B will win Race 2, you can bet the Daily Double and get a nice payout for both winners.

Pick 3, Pick 4, Pick 5 and so on

This is a bet on the winners of 3 consecutive races. With a Pick 3, each of your horses must win their races for the horse bet to win. Likewise, the Pick 4, Pick 5, or Pick # determined by the track is the same except you’re picking 4 winners in 4 consecutive races, or 5 winners in 5 consecutive races, respectively. This is much like a multi-team sports parlay bet.

Horse Racing Betting Tips And Strategies

When it comes to placing a bet, they often don’t know how to select a winning horse and what type of bet to make and which strategies is the best to win!

Here are some initial tips to get you started with our picks:

  • Look for horses that finished in the placing, that is first, second or third at their last four starts in their current campaign.
  • Before a horse can be pick, it should be determined that it is physically fit enough to be the best. Check out the dates of prior last races, found at the far left of the past performance line. The more recent races he has, the more certain of his fitness.
  • Check out through either breeding, conformation, running style, or training techniques, horses generally do better at certain distances. Look over in all races listed to determine if its done well at the designated distance. If he’s a proven competitor at today’s distance, continue to place your bet, and stamp out if the horse had numerous opportunities without success.
  • Horses generally work out into a certain style of running, broken down into three categories: pace-setter or front runner, horses who run in the lead or who are never further back than two lengths; stalker, horses who are never further back from the lead than 4 lengths; and closer or rally types, horses who are never closer than 5 lengths from the pace.

 
Horses have been known to change styles, but the boundless majority have consistent styles. True front runners always try for the lead when possible. Front runners are most effective when unchallenged early.

The easier they are able to get a clear lead, the better the chances. Inclined towards front runners when there are few, if any, potential challengers or if a pronounced track bias favoring early speed exists.

Jockeys must be endowed with a good riding skills, strength, intelligence, good judgment and timing and have an ability to communicate with the horse. Some jockeys are far more competent than others, and by examining the statistics or by simply watching them day in and day out, one can learn which are the most well-built. When making a bet, be sure the horse you select has an up to scratch jockey.

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