Good Horse Betting Tips
LOUISVILLE, Ky. — Picking a horse to win the Kentucky Derby is easy.
- Best Horse Racing Tips
- How To Bet Horses Successfully
- Good Horse Betting Tips Betting
- Betting On Horses Strategy
Placing a bet is as close as a cellphone, tablet, computer or even a smart TV with internet access. But for the novice or inexperienced bettor, making a wager that pays off with a profit can be a challenge: Beginners need to know how to place a bet, who to bet on and where to place the bet.
Off-track simulcasting in more than two dozen states offers a convenient alternative to going to the track. Of course, there’s always the actual experience of walking up to the betting window at the track.
Tip #2- Make Different Kinds of Bets Betting Systems. Before we can get into all of the different kinds of the bets, you need to know about the systems used. Place, Show, and Across the Board Bets. When it comes to horse racing, the most common bet after win bets are the place. Every bettor should have a realistic goal in mind when they begin a day of horse racing betting. “Realistic” is the keyword here. Many bettors will tell you they are looking to make a big score. However, one only stands to win so much by betting $2 on a horse to win each race.
That’s a good option if you can’t get to Churchill Downs, where 150,000 spectators are expected for Saturday’s 145th Derby and hoping to get some action on 4-1 favorite Omaha Beach .
Minimum bets vary from state to state, but here are some things to consider when placing a wager:
THE BASICS
The obvious wager is betting on a horse to win. Just pick one. But after that, it can get a little trickier.
Bets can be made on a horse to win, place (finish first or second) or show (finish first, second or third) – or all three with an across-the-board wager. An exacta involves correctly picking the first two horses in order, or in any order with a combination known as a box bet (1-2 or 2-1, for example).
Superfecta bets (picking the first four horses) are also available, as are exotic wagers such as Pick 3 and Pick 6 that requires choosing the winning horses in multiple races. A Pick 3 and a Pick 6 are the hardest to predict, leading to rollover jackpots that can be very lucrative. But they probably are best left to more seasoned bettors.
DO YOUR HOMEWORK
Determining who to bet on can start with a daily racing program that lists entrants for each race and information including odds, jockey, trainer, silks, saddle towel color and past performances. They can be purchased at the track, simulcast venue or a track’s website.
It will initially seem like a lot of numbers and statistics, but tracks and web sites offer instructions on how to read and understand a program. One benefit to being at the track is seeing how the horse looks in the paddock or during the pre-race parade. Appearance and temperament are important, so keep an eye on horse’s ears to see how engaged the horse is with the atmosphere.
And there’s nothing wrong with playing a hunch, since after all, it’s just a gamble.
Best Horse Racing Tips
ONLINE BETTING
After learning what to bet and who to bet on, the next step is placing the bet.
Numerous websites such as TwinSpires.com – Churchill Downs’ online service – Equibase.com and TVG.com offer betting at racetracks worldwide. Wagering is free, but it will require setting up a subscription and require banking information to place bets and deposit winnings. Those services even provide live streaming and replays.
Various online sites offer betting tips along with news and updates. It’s the most convenient way to bet on marquee races such as the Kentucky Derby, Preakness and Belmont Stakes as the Triple Crown season unfolds. It’s also a good option for other marquee races during the year such as the Travers Stakes and season-ending Breeders’ Cup World Championships.
PARI-MUTUEL BETTING-SPORTS BETTING
When wagering, the longer the odds the bigger the payoff.
In horse racing, the odds are not finalized until the race begins. That is known as pari-mutuel betting. That’s different than sports betting in which bettors get the odds that are available at the time they make their bet.
New Jersey tracks also offer exchange wagering for horse races, which differs from pari-mutuel betting. Exchange wagering matches and locks in the odds at the time a bet is placed and also allows betting during the race.
And while sports betting expanded in several states last year after the U.S. Supreme Court ruled that states could legalize sports gambling, it does not include horse racing. Even in most states that have legalized sports betting, placing a bet on horse racing is limited to the tracks as the sport examines how to compete and benefit from new legislation.
KNOW YOUR LIMIT
As rewarding as cashing in a winning bet can be, the desire to win more or recoup some inevitable losses can get intoxicating – and risky. When novice or inexperienced bettors make wagers on horse racing, it should be for entertainment purposes and not income.
Few sports have as many betting tips and strategies compared to horse racing. Horse betting strategies are almost an art form, but many beginners can benefit from using some basic horse betting tips that will get them off to a good start.
Contents
- 1 Beginner’s Tips
- 3 Advanced Horse Betting Strategies
Beginner’s Tips
You may have heard the terms “win”, “place”, and “show” which is how you can bet on a horse race. In horse betting tips, this is what each phrase means.
- Win: Only if the horse comes in first place
- Place: If the horse comes in first or second place
- Show: If the horse comes in first, second, or third place
Obviously, start with some small bets on “show” which greatly increases your chances of winning. Keep in mind that in this betting environment, you are playing against the other bettors and not the house which is a big difference compared to casino gambling.
Start Small
Horse betting starts in $2 increments, so keep it low when you first start. As with any betting, you should always use the money you are comfortable with losing so you don’t get in over your head.
Bet the Favorite
By betting on the favorite, you will win approximately 33% each time which is a pretty good horse racing betting strategy.
Bet Low on Win, Bet High on Show
As you become more familiar with betting strategies, start by betting a low amount of money on “win”, followed by a larger amount on “show” for the same horse. Since favorites win 33% of the time, you increase your odds of getting something for the money you bet.
Keep the Winning Tickets
How To Bet Horses Successfully
You can cash in your tickets at once which you should do at the end of the day. Keep the winners in one place so you can leave with your winnings.
Get The Tips From Horse Betting Systems
To be successful in horse betting you need to choose the most successful horse racing tipster to get horse racing betting tips. Before proceeding to online horse betting first you have to research in your own way and compare them with the horse betting tips provided by the sports handicapping system.
There are some horse betting systems like Zcode System, First Favourite & Horse Players Heaven are having very good track records of providing accurate picks in the field of horse racing.
Advanced Horse Betting Strategies
Once you feel comfortable with standard betting, it’s time to move on to more advanced efforts that will improve your chances of winning. Here are a few horse betting tips that will help win more money.
Bet on a Beaten Favorite
If a favorite had lost a race and is racing again, bet on that horse. Even the best horses get beaten every so often, so the odds say that they will make a comeback at some point unless the loss was due to injury.
Bet Against the Horse
Instead of picking the winner, you are betting on a horse that will not finish in the top three. Find a race with at least 10 horses, choose a horse with the lowest odds and bet against them. You should win this type of bet roughly 80% of the time because of the number of horses in the race.
Good Horse Betting Tips Betting
Keep in mind that if you bet over a series of races during the day, your odds of winning at least some of them go up dramatically. By using the right horse racing betting strategy, you can become comfortable placing bets and racking up wins if you start small and use the right horse betting strategy.