Excellent Tips For Those Who Like Horse Betting

Horse Betting

Some people have hobby of betting on running horses. It can be profitable and enjoyable if you are aware of what you are doing. Betting on horse racing for dummies gives a lot of info that help your odds including what tools can help you at the track and what to pay attention to as the mechanics of playing a bet, odds of winning and types of bets.

Few Terms Related to Placing Bet on Horses

  • Across the Board

It means placing a bet on a horse race for winning, placing and showing. If your horse wins, you collect three ways, if second, two ways and if third, one way, leading to you losing the win and place bets.

  • Boxed Bet

It means betting all possible combinations in a multi-horse wager like exacta or trifecta.

  • Breakage

Those pennies which are left over, in pari-mutuel payoffs are called breakage. It is usually a split between the state and track and, in some cases, breeding and other funds in different proportions.

How to Place a Wager

Betting on horse racing is not a difficult procedure. Very often, you place a bet, get your ticket, and tear it off if your bet doesn’t work out. However, if you are blessed or skilled, you get to take your ticket back to window for collecting your winnings. Following is a list of step by step betting procedure:

  1. Stating name of racetrack
  2. Stating the number race you are betting
  3. Stating the dollar amount of your bet.
  4. Stating the type of wager
  5. You may bet on a single horse for winning, placing or showing or on multiple horses
  6. Stating the number of horses that you are using
  7. Checking your ticket before leaving the window

Betting Tools Required at Races

Along with a sunscreen, a few more items need to be carried along when you are at a racetrack betting on horses. You may need binoculars for seeing your favorite pass the finish line, however the tools mentioned in following list are even more useful when it’s about actually placing your bets:

  • Racetrack program: Like a basketball game program, it provides information on all players. In this case, players are jockeys, horses, owners, and trainers.
  • Public Handicapper Selections: If you’re off track betting or racetrack is covered by newspaper, they may pay a handicapper for making daily horse selection. The cost of same is 50 cents.
  • Handicappers Tip Sheets: These are routine selections published by handicappers at the racetrack. Its approximate cost is $2.

Daily Racing Form is a service that allows its members to bet online using wagering platform. DRF Bets account holders can watch videos of races online. Both novice and experience can enjoy the ease of gambling with power of betting screens. Moreover, account holders get immediate race updates including track conditions. It is a secure and convenient platform of placing wagers and providing you easy access to transactions. You can get more details at drf.com