Truths and fables are so intricately inter-woven in horse racing circles that separating the two can be quite a task! Some of the most voluble ‘friends’ can be entirely misleading, as they proffer tips without substance or good intent. Horse racing has a glamorous image of fashionable people making daring bets, but the reality is about the serious following of a most competitive sport!
Wagering is at the heart of horse racing, because seeing your chosen horse and rider combination take the field is such a joy. The thrill of winning a bet in horse racing can make up for a number of disappointments – in emotional if not numerical terms.
May 05, 2017 Wagering on horses is done via pari-mutuel wagering, a system of wagering where each player is betting against other players, not the house. The track takes a percentage of the total pool (usually.
We offer here three horse wagering principles to keep your head above water, and 3 deep pitfalls which you should avoid:
Horse Racing Wagering Terms
Principles to follow:
- Welcome to Equibase.com, your official source for horse racing results, mobile racing data, statistics as well as all other horse racing and thoroughbred racing information.
- One of the reasons why horse betting is difficult is because the odds fluctuate every time a bet is placed. This fluctuation is called pari-mutuel wagering, or pool betting. In typical betting games, you’re betting against the house. With horse racing you are betting against other betters.
- Systematic wagering is possible under a pari-mutuel system at a racecourse with professional stewardship. Choose the racecourses where you bet for their reputation and image for fair play.
- Track and horse specialization pays off, though it takes patient effort and time. Study horses at a track near your home or place of work to win, but visit other tracks to relax!
- You do not have to bet on every race; wait until you know that odds favor your pick. Do not let the SP affect your judgment.
Pitfalls to Avoid:
- Do not expect sustained windfalls, or look for short cuts. Stay away from illegal betting, and tracks which ignore dangerous riding and outright cheating!
- Spread betting may sound like fun, but it reduces the probabilities of winning dramatically. Jackpots and the like are uncommon in real life, but every race does have a winner and places
- Video screens are more for enjoying off-site horse racing, than for making money. Trackside insights matter. You are unlikely to win against punters at a distant site.
There is no shortage of theories and advice on wagering in the horse racing world. It helps to take all inputs into consideration, provided that losses are kept within affordable limits. Do keep an account of your cumulative record and happy wagering!
Horse betting isn’t new in fact it is one of the oldest forms of wagering when it comes to wagering but online horse betting is new as it is innovative. While horse gambling has been around for hundreds of years it is no longer as popular as it once was. Loyal us horse betting enthusiasts still like to spend their time on the track watching horses but now you can stay home and do it. Online horse betting is now legal in the United States. You can now watch and bet on live horse track races from your phone or computer while enjoying the comforts of your own home. All you need to know is a basics of wagering and choose what horse betting online sites you want to use. Once you have chosen your preferred horse betting online site or app then you sign up and make an account, deposit some funds, and you are ready to place your first bet. Here are a couple of the best online horse betting sites that focus on horse racing gambling.
Horse Racing Wagering Sheet
Bovada is a fantastic horse racing betting site that covers domestic and international markets. They are one of the few licensed horse racing betting sites which seems like it may be easy to accomplish but it gives betters the peace of mind that they were completely vetted by a gambling commission agency. A license means that they are legal, and it is an indication that they are safe to use when placing horse racing bets. Bovada has a referral program as well if you have some friends who you think would also enjoy breaking into the world of horse racing and betting. This makes it easier for people to find and utilize their easy user interface. They want to teach people how to bet.
MyBookie is a well known site that is supported by their community with fantastic costumer reviews and tons of positive feedback. You can look all over the internet and you will definitely find reviews for gambling websites that aren’t licensed and have quickly shut down before paying out their patrons. Some sites aren’t licensed and so they as well as you can find yourself in trouble when it comes to betting online. Mybookie is a great site because they don’t pay any costumers for positive comments or reviews. They all have a fantastic system that allows you to put in tickets when something goes wrong on the site. Great costumer service is something that people look for when using their real hard earned cash. MyBookie has the big horse races as well as small local events.
Intertops is a site that boasts some of the largest races and events in the world. They include the Kentucky derby all the way to the Prix de l’Arc de Triomphe. They also have a fantastic rebate program with incredibly quick payouts. They also partner with some of the most popular banks around. Intertops has a welcome bonus that depends on when you sign up. Intertops also offer budget wagers that are as low as a couple dollars. It is a fantastic site if you are just getting into horse betting.
Wagering Strategies For Horse Racing
Cost Of Horse Racing Bets
Make sure you bet on the best race of all: the Kentucky Derby which is typically held in May.
Before you start a new adventure of betting horse racing online remember that finding a site or app is incredibly easy but finding the right one can take you a little bit of time. Make sure that each site that focuses on betting horses has a license for gambling, reliable payout systems, a variety of bets available preferably both domestic and international, and a proven reputation with reviews and positive feedback.