Horse Betting Action

Horse betting has become a favorite pastime of many. There are some who have even made a career out of it. However, for most it is a hobby they enjoy once in a while as a form of entertainment. No matter how serious or how casual someone is about horse racing, they want to be sure they do all they can in order to have the best time possible and see the best financial results possible.

Luckily, there are a lot of tools and resources available for those who decide that they would like to enjoy horse betting. Some people who tend to bet on horses more of a casual level like to choose their horses based on the way they look, their name, or even by their number. These people rely solely on luck in order to see wins. However, then there are others who take it serious and these are the people that will go over the forms and use statistics, odds, facts, and other information in order to handicap the horse races. While these horse bettors still have to rely a bit on luck, they increase their chances of winning by working with facts and history; this is known as “handicapping”.

There are many different types of wagers that can be bet on horses and this gives bettors plenty of flexibility and options. When you are going to be placing horse bets, you need to have a full understanding of how to bet and what each of the bets mean. The bets start at a bet on just one horse to selecting the winners for six races in a row. There are many horse races that you can bet on throughout the year in America. The biggest one to horse racing betting event is Kentucky Derby which is part of the Triple Crown. The other two races are Preakness Stakes and Belmont Stakes. Later in the year, the World Championship horse racing event is held in the form of Breeders' Cup and you can bet on that as well.

Types of Horse Racing Wagers

Show - The horse needs to come in 1st, 2nd, or 3rd

Place - The horse will finish 1st or 2nd

Win –The horse will finish 1st

Quinella - The horses will finish in 1st and 2nd place in either order

Exacta - The horses will finish 1st and 2nd in the exact order

Trifecta - The horses will finish in 1st, 2nd, and 3rd place in exact order

Superfecta- The horses will finish 1st, 2nd, 3rd, and 4th

Daily Double - The horses will win the two consecutive races

Pick 3 - The horses must win three races in a row

Pick 4 - The horses must win four races in a row

Pick 6 - The horses must win six races in a row

Some wagers such as quinella and exacta can be boxed and this means that any of the horses the bettor has chosen can come in the specified order.

Handicapping

When it comes to handicapping the races, you will have plenty of tools available to you. However, learning how to put those tools to good use is up to you. There is a lot to learn and no matter how much you do, sometimes you will still find things come down to a hunch. One of the tools you have to use is the racetrack program which has information such as the horses, jockeys, trainers, and owners. There is also the daily racing form and it gives you the most important information when it comes to horse race betting and that includes the past performances of the horses so you can use that information to compare the horses and make your selections. If you participate in off track betting then you may have access to a local newspaper which states selections made by a handicapper. Also, there are tip sheets which are published by the racetrack handicappers. Racebooks give those who want to get in on horse wagering to take care of their needs over their computer and this gives them the utmost in convenience.

When it comes to using the daily racing form in order to handicap your own horse bets, it can take you years to perfect your system. However, many find there to be many successes along the way that make it all worthwhile. Plus, some people get the hang of it quickly and start seeing great results from their hard work in no time at all. It can be a lot of fun to bet on horses, but it can also be very profitable if you do it correctly and also have a little luck on your side.

Placing your Horse Racing Bets

When it comes to horse betting online, there are different ways in which you can go about placing your horse wagering needs. You can go directly to the track where you will be able to enjoy the races live. When you do horse race betting at the track you will go up to the booth and purchase your tickets. There are online racebooks where you can keep up to date on the current horse races and place your bets over your computer. There are also off track betting locations where you can go to watch the races at an establishment and place your wagers at their booth. The place you go to in order to watch the races and place your horse bets will depend on your preference, schedule, budget, and other factors that can make one place or method more convenient than the others.

When it comes to online horse betting, you want to make sure you put as much into it as you want to get out of it. Not only can horse wagering be a lot of fun, but there is also a lot of money to be won. Making the best decisions possible from the beginning will help you get to a point where you can expect more from it sooner.