HORSE RACING BETTING TIPS

Betting on horse races became much more accessible for public when first online sportsbooks were launched in the middle of the 1990-s, and it became possible for anybody to participate in this exciting activity through Internet, to bet on horse races being held on the other side of the world while sitting in from of your home computer. Horse racing betting is an exciting activity which like all other gaming activities requires research, experience, and knowledge from a bettor in order to become an expert in this field. Here you will only find a simple guide for beginners. We hope that this basic knowledge will give a novice horse racing bettor a general idea about this exciting pastime. For more in-depth material on the topic we recommend you to do a research on the Internet. Ther are plenty of good information sources on horse racing betting online.

BASIC RULES OF HORSE BETTING

Horse bettors place their bets on certain numbers assigned to each of the horses on the track. The combined amount of money wagered on a certain bet makes a "pool". This pool amount will be proportionally distributed among those players who correctly predicted the outcome of this particular bet. A certain amount of money in the pool is withheld by the bookmaker (a horsebook) to cover its own costs, taxes and service fees.
Sometimes horses are withdrawn from the race for various reasons (mostly due to injury). These horses are called "scratches" No bets are sold on early "scratches", and in most cases bettors can get refunded on late scratches.
Odds are an estimate of how much a horse will pay to win a race. The odds number (ratio- 3/1, 5/8, 3/5...) tells us about expectations of the bettors. The smallest ratio or the highest amount of money bet on a horse shows the favorite of the race. Payout to winners can be found by multiplying odds ratio by the bet amount and adding the bet amount. For example, odds of 5/1 will pay $30 for a $5 bet.

HORSE BETTING TIPS

First of all, you should do a thorough homework. Analyze the horse racing form, make a research on participating horses, their trainers and jockeys. Pick better horses judging by their recent performances. Information on the past few races is readily available online. The chances are that a horse with a good record is more likely to perform well in the nex race.
Try to choose horses with the odds ratio at least 3 to 1 to make it an attractive choice for an intelligent bettor.
All types of straight bets and the daily double bet have the best winning potential.
Try not to bet on horses which have not participated in raced recently, it may indicate that the horse suffered an injury or illness.
Avoid horses that are new to the race class. It takes time for a horse to get used to the new race setting to start performing well.
Make a well-balanced decision on how well this particular horse suits the required race distance on the given surface. Some horses race better on mud tracks, some race better on grass tracks. Sprinter horses are made for short tracks, other suited better for longer distances.
The longer the racing track, the higher are winning chances for an experienced jockey who is able to properly choose the horse speed for the given race distance. Experienced jockeys are also preferable for obstacle racing.
Sometimes it happens that the favorite horse of the betting crowd falls out of favor during a race due to bookmakers' manipulations. In such cases it is recommended to stay with the initial favorite.


TYPES OF HORSE RACING BETS:

Bet Name	Description
ACROSS THE BOARD	Select a horse to finish either first, second or third. If the horse you selected wins the race, you collect all 3 bets (Win, Place and Show). If it finishes second, you collect the Place and Show bets. If it finishes third, you collect only the Show bet.
DAILY DOUBLE	Pick a winning horse in each of the two daily races.
PICK 3	Select a winning horse in three consecutive races.
PICK 6	Pick a winning horse in six consecutive races. Even more tricky than the Pick 3 bet. Not recommended for beginners. Many horse racing tracks have pools worth of millions of dollars for the Pick 6 bet.
PLACE	Pick a horse which you think will finish the race either first or second. Place bet pays less than the straight Win bet but it provides you with two chances to win a race instead of one.
QUINELLA	Select the first two winning horses.
SHOW	The horse you selected must finish either first, second or third. The show bet provides you with three chances to win.
SUPERFESTA	Pick the first four winning horses in the order they will finish the race.
TRIFESTA	Select the first three finishing horses in the order they will finish the race.
WIN	Select a horse which you think will win the race.

We do not claim that these Horse Racing Betting tips will help you win money, this article is for information purpose only.

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