Betting on horse racing, explained

by Henry

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Posted on 27-10-2020 04:56 AM

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By toby @ punter2pro each way bets enable punters to cover more places in a horse race, thereby reducing their risk and avoiding disappointment if a selection doesn’t win. Ew betting is popular in unpredictable races — such as the grand national — where the chance of selecting the outright winner is relatively low. Thus the main advantages of each way betting are higher strike rates and steadier results. Ew bets are suitable for a low-risk horse racing strategy.

Taking a look at horse betting the basics of horse training training a yearling for the racing circuit.

When you first start betting on horse racing, you'll notice that there are a number of different types of race that you can bet on, be that using bookmakers free bets or not. Below is our comprehensive round-up of all the different types of horse races that you're likely to come across when betting on horses at the bookmakers that we feature.

Our a-z of betting terminology takes a look at some of the words associated with betting that you may not know the meaning of. From horse racing to football, there are words and phrases that are used in a variety of sports. Some you will already recognise and some you’ll have heard for the first time.

Betfair leading the way in ante post betting is betfair. Betfair are the first to put up ante post prices for major events and offer very competitive odds. As they have a strong focus on gift for horse racing enthusiast horse racing gifts gifts for horse racing and greyhound racing, they can cover 14 countries worldwide, including the usa and canada.

By kenneth strong | jun 21, 2013 | horse betting how to bet on horses - multiple-race wagers - pick 3 betting pick 3 betting is offered at all major racetracks and requires you to pick the winners of three consecutive races on one ticket. Most racetracks offer both early and late pick 3 wagering, and some tracks offer rolling pick 3 betting throughout the entire racing card.

Betting and horse racing go hand in hand. They have always done so. Long before the advent of online betting, the majority of action taking place at high street bookmakers and across telephone betting was on the horses. It’s a massively popular sport to punt on, because races only last a short amount of time.

Horse Racing Odds Explained

Horse racing: it has been a fantastic season of jumps racing so far. Cyrname dethroning altior and clan des obeaux retaining the king george vi chase were two particularly memorable moments. However, it's the cheltenham festival which is the true highlight of any racing fan's calendar, and the 2020 iteration didn't disappoint. Al boum photo winning a second straight gold cup, champ coming from nowhere to win the rsa novices' chase and politologue triumphing in the champion chase were three of the many special moments during this year's festival, and oddschecker's expert tipster andy holding has already started to cast an eye over 2021's offering.

There are so many great moments to choose from, and we'd love to name them all, but here are our picks: calvin borrel and his horse mine that bird in the kentucky derby of 2009. This pair was racing on a longshot, being given odds of 50 to 1. However, when mine that bird found his footing, the pair rushed like a speeding bullet, winning the record for the fastest quarter-mile ever accomplished, in 23. 77 seconds! next is liam treadwell on his horse mon mone in the aintree grand national of 2009.

Betting on the races is big business. Millions of punters spend millions of dollars every year betting on the huge range of fantastic races held in australia and overseas. One of the most attractive aspects of horse betting is the sheer number of odds and options bookmakers offer on the races. Here we will detail the most popular betting types punters place on the races. When betting on the races, no matter what wager you choose to place it is important to read up on the latest racing tips in order to have the most success.

How to Place a Wager on a Horse Race

Betting on a horse race for the first time — even the first few times — can be an intimidating endeavor. What are all of these options? here’s all the lingo you need to know before you place your first bet: win bet – a bet on a horse to finish first.

Hunt racing and steeplechase are very similar forms of horse racing mostly held in the uk, ireland and the us. Join us as we take a look at both steeplechase and national hunt racing. Steeplechase racing began during the 18th century in ireland. It was a cross-country horse race run between two church steeples and was thus named steeplechase. It is said that the first ever steeplechase was run in 1752 due to a wager between edmund blake and cornelius o’callagan. This first chase was a distance of 4 miles starting at buttevant church and ending at st. Leger church. Originally the steeplechase was basically a contested cross-country race. The first steeplechase to occur on a proper track with fences is said to have taken place in 1810 at bedlam, england. Today steeplechase involves a distance horse race which features ditch and fence obstacles. The best-known steeplechase is the english grand national which began in 1837.

Win money even if your horse doesn’t win, but finishes 2nd, 3rd or even 4th depending on the race! available on many sports and ante post bets, not just football get either 1/4th or 1/5th of the odds to win on your each way bet effectively means putting on two bets; one to win, and one to “place”.

National hunt racing is the name for racing in the uk, ireland and france where horses must jump hurdles, fences and ditches. The races are longer and typically run between 2 miles and 4 and a half miles. The season in the uk is opposite to the flat season with most major meetings taking place between october and early april.

Racingpicks: the home of free horse racing picks at racingpicks, we’re here to give us-based fans of horse racing a place where they can get hints, picks and the inside track on the biggest upcoming races in the calendar. There are quite literally hundreds of racetracks across america, all of which offer regular race meetings including thoroughbred and harness races. The most prestigious racetracks also stage some of the biggest horse races in the global sport of horse racing, notably the kentucky derby, the belmont stakes and the breeders’ cup.

Tom law 07:39 jul 18th, 2018 101 horse racing racetracks in north america offer a wide variety of races for horses to compete in and for horseplayers to wager. The marquee races like the kentucky derby, preakness and belmont stakesthat make up the triple crown or the highly lucrative races that make up the two-day breeders’ cup world championships are known as stakes races. These are the races considered the highest quality by a track.

Across the board: a bet on one horse to win, place, and show. Allowance or allowance race: a non-claiming event in which the racing secretary conditions weight allowances based on previous purse earnings and/or types of victories. Also eligible or "ae": horses entered into the field that will not run unless other horses are scratched.

Betting Tools You Need at the Horse Races

Next, you'll note all horses are listed in numerical order, in this instance 1-9. Note that on online racecards the horses can often be listed in betting order with the favourite at the top. Under the horse's number, you can see another number in brackets. This is the number of the stall the horse will start the race from in a flat race, called its draw. The draw can be an important factor, especially in shorter races and larger fields where there is a bias for faster ground on particular sides of the racecourse.

We aren’t going to lie to you, it can be a little nerve-wracking when it comes time to place your bet if you aren't sure how to bet on horses. Well don’t panic. Amwager has you covered. A great option for first time horse bettors is to bet online. This way, you don’t have to worry about how to correctly say your wager or wait in long teller lines. Amwager’s online horse betting platform is easy to learn, easy to navigate, and easy to place your bet. Our interface allows for live video stream of the races so bettors can have a fun and engaging experience. Click now to get started!.

July 22nd, 2018 no comments betting on horses , horse racing the fan of ez horse betting has many options to choose from when it comes to betting at an online racebook. There are claiming races each day at smaller tracks, and allowance races on the mid-level circuits. The biggest events are called stakes races. These races are tougher to handicap, but they offer you a chance to cash a bigger winning ticket. What is a stakes race in horse racing? read on to find out!.

While most online gambling sites will have a racebook, some will only offer a few tracks or even just a few races. For instance, the triple crown and the breeders’ cup are always available, every year and on every site. However, to make sure you are success in your horse race betting attempts you want a larger variety of tracks and races from your online racebook.

The objective of online horse betting is to pinpoint the runners with the best chance of winning or making the payout places. The historical records will not feature an analysis of how each horsed performed in previous races. The information is generic and will include overall records in each type of race, by conditions and distance. This part of the program provides an overview of a horse’s form and ability without looking at individual races. These records include dates that mark key races in a horse’s racing career. Even though this information will not compare relative form, it is still worth examining as part of a horse racing program.

Many race tracks offer bettors rolling ‘daily doubles’ and that means that you can pick the winner of two consecutive races. Most tracks still offer the traditional daily double and the late double. The traditional double requires horse racing gamblers to pick the winners of race 1 and race 2. The late daily double features bettors selecting the winners of the final two races of the day. The daily double is similar to betting a two-team parlay in football. If both horses win, you win the wager. The daily double is also known as a vertical horse racing wager.

How to Make a Show Parlay Bet on Horse Races

(works like a sports paylay, where the client can choose, min 2 max 12 (the max will increase shortly) horses from different races tracks or days, they don’t need to be consecutive races, the mechanics are, the client picks the order in which he wants them, and from there on as each pick wins the money goes to the next pick, and increases the winnings similar to an if win only, as soon as one pick loses the entire bet is a loser, and there is a scratch it reverts to the lower number of picks (4 parlay, 1 scratch, reverts to 3 parlay another scratch then 2 parlay another scratch then straight) also if there is a race with lower than 4 horses it will be considered a scratch and it lowers).

Horse racing speed figures explained

Beyer speed figures appear solely in the daily race form. Horse racing running styles using the beyer speed figures are one of the most powerful tools in handicapping. The beyer scale runs from 0 (slowest) to nearly 125. These figures measure how fast a horse can run, taking into account the condition of the surface was on a given day. Beyer figures take many factors into account, so they can be trusted in comparing one horse’s speed to another past performance.

Horse Racing Betting Odds

Fractional odds are generally the most traditional form of expressing betting odds. They are a simple reflection of the return you will receive for a particular amount bet. So for example, let's say bookmaker ladbrokes is offering odds of 5/2 for a particular horse to win an upcoming race. The odds of 5/2 (expressed as "5 to 2") means that for every 2 units that you bet, you will receive 5 back as profit. So if you bet €200 on that horse, you would have received €500 profit in return plus your original stake of €200.

Fixed odds betting is a type of bet where the odds of the outcome remain the same. With fixed odds betting you have taken a specific price or betting odds when you struck the bet. That means if you take a price on football team or a horse (including early prices or board prices) then that is fixed odds betting because you have taken fixed betting odds.

Actually,ante post betting is now a rarely used option for punters as the betting firms have become more competitive,many now offer you ante post odds with a guarantee that if the horse (or greyhound)does not run,you get your money back. However,you can get better odds,and bet earlier,than when that non runner no bet.

UK & Ireland Horse Racing

The steeplechase is a form of horse racing (primarily conducted in the united kingdom, canada, united states, australia, france, and ireland) and derives its name from early races in which orientation of the course was by reference to a church steeple, jumping fences and ditches and generally traversing the many intervening obstacles in the countryside. In great britain and ireland the official term now used for the sport is national hunt racing.

Compare the odds on every horse race in australia and new zealand as well as key international race meetings in the uk, ireland, south africa, singapore, hong kong and more! our odds comparison tool compares fixed price odds from all the leading bookies as well as tab odds and the betfair exchange. We've also got futures (all-in) markets covered, including (but not limited to) the cox plate, golden slipper and of course the melbourne cup!.

The most popular types of horse racing tracks include turf and dirt. These courses are shaped in a large oval (similar to nascar tracks ), and are anywhere between 400 meters and 2 1/2 miles long. While dirt courses tend to be more prevalent in the united states, there is also no shortage of turf courses. Some racetracks even feature both a dirt and turf track. With that said, however, turf tracks tend to be much more popular in european countries (including ireland and the u. K. ).

Understanding the ground can be as simple or as difficult as you like! but it really is easy once you break it down. There are some other terms you should know before going any further: yielding this is unique to irish racing. It’s basically the same as good to soft in the uk but not quite as close to call it the exact same. You will see variations like “good to yielding” or “yielding to soft” in ireland; yielding is just a fraction less than good ground and it is quite common to see yielding in the ground description in ireland. It would more than likely fall between “good” and “good to soft” on the list in the uk.

Jump racing is also known as hurdling and, in the united kingdom and ireland, it is referred to as a national hunt. As the name suggests, this race requires a constant jump on the part of the horse and puts added stress on the jockey who rides on top. Each hurdle is over 1 metre in height and made of brush and panels in order to be flexible. As a minimum, jump races need to have at least 8 hurdles and be at least 3km long.

National hunt racing encompasses all racing that is contested over hurdles and steeplechase fences. It’s far less popular globally, with great britain and ireland hosting the most races by a wide margin. Horses will have to jump a certain amount of obstacles, either hurdles or fences, with all races contested over 1m 7f or beyond.

Perhaps the most important piece of ‘equipment’ in horse racing is the horse. Those suitable for horse racing include thoroughbreds, arabian horses, and quarter horses. Differing national organisations may have their own rules as to what horses can compete. All riders wear a helmet and all carry a whip too. This can be a controversial piece of equipment as it is used to whip the horse to spur it on to go faster. On some countries, jockeys are allowed to use the whip whenever and as much as they like, although some countries like the uk limit the number of times it can be used to prevent any distress to the horse.

Example of Five-Horse Race

Handicaps aim to put horses on a level playing field by having each horse carry a predetermined weight – in theory (only), the extra weight should lead to every horse finishing at exactly the same time. The horses rating dictates what weight they will carry in that contest, with each class of race having a rating limit. For example, a class 6 race may be marked as a 0-55 contest, which means no horse rated above 55 can enter.

In north america, harness races are restricted to standardbred horses, although european racehorses may also be french trotters or russian trotters , or have mixed ancestry with lineages from multiple breeds. Orlov trotters race separately in russia. The light cold-blooded coldblood trotters and finnhorses race separately in finland , norway and sweden.

Bf - beaten favourite last time out btn - beaten c - co-favourite of 3 + cd - previous course and distance winner d - previous distance winner j - joint favourite of 2 n/r - non-runner 1 or 2 beside trainer name - confirms horse is having its first or second race for that trainer of 3 +.

There are two types of horse races, jumps and flat, and each one incorporates different classes and types of races.

Last year, sonneteer drew attention for running in the kentucky derby (g1) while still a maiden. That took some explaining to friends who usually only tune in for horse racing’s big events. The general thought was that he had never raced before. Not quite. The dark bay colt wouldn’t have made the derby field if he hadn’t accrued points in designated races on the road to the kentucky.

Across the board — three equal win, place and show bets. If your horse finishes 1st, you win all three bets. If your horse finishes 2nd, you win on the place and show bets. If your horse finishes 3rd, you win on the show bet. Exacta — pick two horses in one race. If they finish 1st and 2nd, in exact order, you win.

Australian race types are similar to the rest of the racing world and all horses can race in a grade that matches their abilities. Most of our racing is done on a flat surface which is predominantly grass, or turf as it is most widely known. We have a limited jumps season throughout the year in different states and they are quite popular, espcially the warrnambool may carnival in victoria.

Place, Show and Other Bets

Win place show bets are commonly called straight wagers and are the most traditional in horse racing. They are lower risk bets compared to exotic wagers like exactas and trifectas. These wagers are a good place for the novice horseplayer to jump in. Let’s look at the different wagering requirements.

to first understand what betting odds are, we have to first understand the concept of chance. Chance is the likelihood of an event happening. It is often expressed in percentages, also referred to as the probability. Let's roll a dice. Rolling a dice yields a probability of 1 out of 6 for each outcome.

In this article, we’ll explain all you need to know about betting odds. This includes a definition of what they are and what they represent and the various formats they can be displayed. We’ll be explaining why they betting odds so important to bookmakers , how they are set and how other things like promotions can affect them. Ultimately, how betting odds work. Vitally, we'll also provide an odds conversion calculator and table and more, including our picks for the best bookmakers out there for odds, so you can have all the tools you need to make the most out of betting odds in our exclusive betting odds explained guide.

Betting odds can be offered as fractions or decimals and below are some typical examples of how these odds may be presented by a bookmaker. Let’s start with the easiest odds to understand, which is even-money. This means if you place a £10 win bet you will win £10 if your selection wins the race or sporting event you have backed it to. You’ll get your £10 winnings + your £10 stake back for a total return of £20.

The morning line consists of the odds that an official track handicapper produces. These are based on many of the factors we have already discussed in previous lessons. The morning line does not technically reflect how actual betting will progress, but it does provide a basic framework. Many bettors bet in proportion to the morning line, thus giving it an inflated importance.

What are american odds? american odds are the default odds at american sportsbooks. These odds are based on winning $100 for a given bet. Betting a favorite: the odds for favorites will have a minus (-) sign, and represent the money you need to risk to win $100. So if you're betting on the packers at -140 against the vikings, that means green bay is a slight favorite. You need to risk $140 to win $100 on the packers. If they win, you profit $100 and get your original $140 back.

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