Although the number of casino and betting clients grows exponentially every day, not everyone knows how to bet correctly. Especially when it comes to betting on horse racing.
According to one version, it was at the racetrack that bookmakers and sports betting originated. At first sight, in horse racing everything is simple: you choose a horse, bet on it, and if it came first, you win. In reality, betting on horse racing, like any other sport, has its own nuances. In this material, we will try to talk about the basic and main ones.
Horse racing is one of the most popular sports in a number of countries. Competitions take place at different distances and on a variety of surfaces (grass, sand, etc.), and this alone makes it clear that, before placing bets on horse racing, you need to get into it.
Live streaming is another significant development for the horse racing betting industry. With live streaming, punters can watch horse racing from anywhere in the world, sitting at home in front of a computer, laptop or using a mobile device.
There is nothing complicated about betting on horse racing. As a rule, if your bet doesn’t play, you take the cheque and tear it to shreds once you’ve placed it. However, if you win, you will need to present this cheque to claim your prize.
Horse racing has become a cultural mainstream with no other form of gambling. The sector has been vetted for legitimacy by regulators, resulting in online betting being allowed.
What are the odds in horse racing?
Simply put, odds are a mathematical representation of how likely a particular outcome is. In horse racing betting, they are the probability that a particular horse will win a race.
They also inform you how much money you will get if you win your bet. Once you understand what you’re dealing with, it’s pretty easy to estimate your overall odds of winning as a result of specific events. You can then take a look at and understand the odds for the Breeders’ Cup on TVG.com.
What do they have in mind?
Let’s say you’re at a racetrack and the odds on a horse are listed at 10-1. If you’re new to the betting world, you probably have no idea what that means. Don’t worry – that’s why we’re here to help!
Understanding what horse racing odds mean is a lot easier than it sounds. In layman’s terms, odds are the profit you can expect to make if the horse you bet on wins and are ranked according to the type of bet you made.
The odds accurately reflect the total amount of money you could wager on the horse. The general rule of thumb is as follows: the higher the amount of money you put into the horse, the lower the overall odds will be.
Types of horse racing bets
Let’s take a look at the most common betting options and for convenience, we will mention the betting names that bookmakers use.
- Betting on a Winner (Win).
Here everything is simple. A common type of bet on the winner of the race. You pick a horse and if it finishes first, you win. Also, there is an opportunity to choose a horse and make the opposite bet, that is if he does not come to the finish line first, you win.
- Betting on the winners
Of course, the winner of a game is hard to guess, and to increase the odds of winning, bookmakers offer the opportunity to place bets on the top three winners. This means that the horses selected must finish in the top 3 at the end of the race. This type of betting on a betting line may also be called a show or.
It’s also worth noting that the number of prizes may vary from contest to contest. If there are more than three, and the horse wins the prize, it is called such a bet in this Sport Place.
- Betting on winners in the correct order
Horse racing also has a bet called Forecast or Forecast. Here, the player has to guess the first and second horse in the race. Betting variants are variable, giving players the opportunity to place bets at random, rather than on the specific positions the horses will occupy.
Some betting companies offer a Triple Prediction, or Tricast, betting option to the Prediction. This bet is identical to the one described above, only with one caveat: here you have to choose three racers already.
- Who is higher
In this bet the player chooses the higher horse from any two racers. That is, the player watches the duel between the two horses throughout the race.
Horse racing betting strategies
The most popular betting strategy in horse racing. It should be said right away that it does not guarantee a 100% winnings. In horse racing, as in any other discipline, sensations happen, where favourites lose to outsiders.
In the first races of the day, three favourites at different racecourses with odds of at least 2.00 have to be selected. Then the selected racers have to be combined into one bet called “Trixie”. That is, you need to make one Triple Express bet and three Double Express bets.
A similar system can be used when betting on the two favourites in the initial (morning) races. Only now it is necessary to place two singles on the favourites and one parlay.
- Al Capone Accountant Strategy
The following horse racing betting strategy, according to legend, was invented by the chief accountant of the American underworld. Essentially a game where players find that the bookmaker’s popular odds are inflated and hover around 4.00. Then bet on several favorites at the same time. If a horse wins, the player wins.
What do I have to pay attention to when betting on horse races? Useful tips
- Age of the horse
A young horse will undoubtedly have more success over short distances than his older counterpart. But if you are a fan of long distance races, experience does count.
- The length of the races
Before you place your bets, you should know how long the race will be and if the horse has had a break beforehand. If it is a Sprint, a horse needs to rest for at least a month, but if it is a Long distance, a long rest is not necessary or even desirable.
- Jockey weight
The average weight of a jockey is 60 kilos. But beginners are allowed to exceed this limit to improve their balance with the horse. This makes it clear that the lighter the jockey, the more experienced he is and the better his chances of winning.
Weather, as in other outdoor sports, can bring unexpected results when favourites lose to outsiders. It is therefore important to check the weather conditions at the racecourse before placing a bet.