Win at horse racing betting

The odds posted below are the odds the horse went off at, not at the opening morning line. Remember, in parimutuel betting , the odds fluctuate as money comes in until post-time. In this example race, the horses finished in the order stated below. Horse A: odds, second-place finish Horse B: odds, third-place finish Horse C: odds, first-place finish Horse D: odds, tenth place finish If you had decided to back the pre-race favorite in this race, you would have bet on Horse B at odds.

However, Horse B finished in third place, and all win bets on him lost. On the other hand, if you had decided to back the biggest pre-race longshot, you would have bet on Horse C at To clarify how the win bet works, note that the only win bet that would have paid in this race was the straight bet on Horse C. Main article: Glossary of bets offered by UK bookmakers Gamblers awaiting the result of a horse race at the Hippodrome de Vincennes in Paris In North American racing, the three most common ways to bet money are to win, to place, and to show.

A bet to win, sometimes called a "straight" bet, means staking money on the horse, and if it comes in first place, the bet is a winner. In a bet to place, you are betting on your horse to finish either first or second. A bet to show wins if the horse finishes first, second or third.

Since it is much easier to select a horse to finish first, second, or third than it is to select a horse just for first, the show payoffs will be much lower on average than win payoffs. If there are a small number of horses in the race, show or place bets may not be offered or if bets have already been made, they are cancelled and the wagered amounts refunded.

For example, in a race with seven or less runners in the UK, only the first two finishers would be considered winning bets with most bookmakers. Three places are paid for eight or more runners, whilst a handicap race with 16 runners or more will see the first four places being classed as "placed". A show bet in the North American sense does not exist in these locations. An each-way bet sees the total bet being split in two, with half being placed on the win, and half on the place.

The full odds are paid if the horse wins, plus the place portion , with a quarter or a fifth of the odds depending on the race-type and the number of runners if only the place section of the bet is successful.

In the UK some bookmakers will pay for the first five some independent firms have even paid the first six for a place on the Grand National. This additional concession is offered because of the large number of runners in the race maximum Occasionally other handicap races with large fields numbers of runners receive the same treatment from various bookmakers, especially if they are sponsoring the race. Each portion is treated by the totalizator as a separate bet, so an across-the-board bet is merely a convenience for bettors and parimutuel clerks.

In addition to straight wagers, "exotic" wagers offer bettors an opportunity to incorporate the placement of different horses in one or multiple races. The two broad types of exotic wagers are horizontal and vertical.

Horizontal exotic wagers are bets on multiple horses in one particular race, while vertical exotic wagers involve predicting results across multiple races.

Betting horse racing win at betting pros player props

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The owner is zeroing in on how to improve their horse's chances. Look at her workout speeds. Are they consistent? If she's running at the same speed every day, she's probably in top form. Consider the gender and breed. Generally speaking, males are faster than females.

Only three fillies females have ever won the Kentucky Derby, for example. Any good bettor sometimes bets big and sometimes bets small. To keep yourself going and to keep from being bored between races you're very excited about, have a smaller pocket to work out of. Betting, quite frankly, in any arena, can be dangerous.

It's always important to know when to stop. Having 2 separate pockets can help you keep your head above water, too. Remember this order: racetrack, race, dollar amount, bet type, horse number. Why Horse Racing Odds Fluctuate Before every race, the track oddsmaker sets the morning line odds, which are issued to the public to give bettors some sense of which horses are favored, which are underdogs, and so on.

That may sound like a minor, nitpicky difference, but it is important for bettors to remember that the odds do not necessarily represent which horse is most likely to win. After the odds are posted, the public money starts coming in and begins to impact the odds. The public money pushes the odds on each horse in one direction or the other as the week goes on. Potential Payoffs On Win Bets Win bets feature some of the best payouts in horse racing because the odds that any one horse will win the race are relatively small.

Even race favorites tend to have the odds of working against them due to the level of competition and difficulty in placing first. Bettors do not often win with straight bets, but a single win can make up for many lost bets before it.