Feel free to apply this strategy to three or more sports bets. Horse Racing Betting Guide: Taking Care of the Basics As with most skills, success when betting on horses only comes after you’ve dedicated a fair amount of time perfecting your craft and learning from your mistakes – and sometimes, most importantly of all, a little bit of luck! There are lots of different factors that need to be considered when betting on horse racing and one of the most common mistakes by beginners is to just use the odds to work out which bet to make. A successful betting system will always involve backing horses at better odds than their actual chances of winning. If you want to bet successfully, you need the right bookmaker. Place Betting - You bet on your horse to finish in the place … You should win this type of bet roughly 80% of the time because of the number of horses in the race. Trifecta Straight Betting - Scenario 4 - You like three horses in exact order. If, for example, you want to pick an exacta with the No. 5 horse to come in first and the No. If there are a lot of ties and you have a lot of horses with multiple check marks, this means the race is competitive and you might want to choose another event to bet on. You will make your Win bet on the horse with the best trainer. Expert handicapper Andy Serling shows Wendy Bounds the ins and outs of betting the ponies. A horse that has fired a pre-race 4 furlong bullet within their last two works when there are at least four or more works at that distance is live, especially a first time starter. If you bet $10 on each horse, then in case of success you can win $40-50. Rather than bet a $1 three horse box for $6, you could play a straight $6 … You like three horses, 1, 2, and 4 to finish in the exact order 2-4-1. To cash your ticket your horse must finish first and first only. Betting on horse racing online can be an exciting way to spend the money you have set aside for gambling. You will need to find bookmakers that actually let you win. Not only should you compare odds but you need to also pay close attention to weather conditions, injuries, type of ground, form, jockey … Events like the Super Bowl, Cup finals and major horse racing events are prime candidates for this sort of opportunity. There are many horse racing tournaments around the world and a wide range of betting options, from the conservative show wagering for a small profit to the Pick 6 bet … Bet profitability will vary from $20 to $30, depending on which horse comes in first. If your system focuses on finding horses with a 45% chance of winning at odds of 2.50, for instance, you should come out on top. Your top plays should offer value – in other words, a horse you think has a much better chance to win than his morning-line odds when planning, or live odds when betting, indicate. For example, one horse has 4.00 odds, while the other has 5.00 odds. In an exacta bet, you’re picking two horses to finish in first and second places in a specific order. To learn more about win wagering strategies please see our expanded page on betting horses to win. Win Betting - You bet on a horse to win. Look for a slow - fast - slow or a fast - slow -fast pattern where the final two breezes are noticeably faster. Look at the trainer stats for the top three horses in the event. If you think a horse has a 25% … This strategy is simple and only to be used when you are incredibly confident in the order of finish. Find a race with at least 10 horses, choose a horse with the lowest odds and bet against them. Tips on How to Bet On Horse Racing: Online Betting Guide. Examine the horse's breeze pattern. For instance, a horse at 2.50 (6/4) odds is given a 40% chance of winning. Instead of picking the winner, you are betting on a horse that will not finish in the top three. Straight Bets - Win, Place and Show Betting. 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