Horse Betting – Must Read Help Tips

Finding a good bet at the horse race track or the thoroughbred races is one way to make money and also adds a lot of fun and excitement. That is why it is no wonder that horse betting is the most popular sports to bet on. But horse betting is risky and those who wager on it often lose more than they win. If you really want to win in horse betting, then you should do your homework and study tip sheets and tactic articles to help you win. Luckily, we are here to help you today. I’m going to share to you some general tips that will definitely increase your chances in winning your bet. Read on.

Before we go on some tips that you can use, let’s first look at some of the horse betting lingo that you should definitely.

Entry – A horse entered in a race is called an entry. And on rare occasions, two or more horses are said to be “coupled” and run as an “entry,” comprising a single wagering unit. A wager on one horse of an entry is a wager on both.

Furlong – One-eighth of a mile or 220 yards. Races are measured in furlongs.

Morning Line – Approximate odds printed in the program and posted before wagering begins. This is a forecast of how the morning linemaker believes wagering will occur In a particular race.

Post position – A horse’s position in the starting gate, numbered from the inner rail outward.

Purse – The amount of prize money distributed to the owners of the first five or six finishers in a race (varies by state).

Now here are some simple tactics which may be helpful to a new bettor:

1. Wager on the favorite.

The favorite is the horse with the lowest odds or the one on which the most money has been wagered. Favorites win approximately one third of the time. This is not necessarily a sound wagering strategy as favorites can pay very little but there’s no doubt about it, favorites win a lot of horse races. While historically they won about a third of the races, in recent times that percentage has crept up, particularly at smaller race tracks. In harness racing the percentage of winning favorites is well over 40% at some race tracks. That means that if you’re betting on horse races, you have to figure out how to beat the favorite or when to bet the chalk, as they’re sometimes called.

2. Purchase a tip sheet or handicapping aid.

These are prepared by professional handicappers and may provide useful wagering selections. Most of the tip sheet needs to be bought. But if you want some free handicapping aid, just visit online betting sites as they offer free daily odds and picks that will help you decide on what horse to bet.

3. View the horses.

Watch the broadcast signal while the horses are in the paddock and in the Post Parade.

Remember that horse betting, like any other sports need to be studied if you really want to win. It’s not like you go on the race and choose your favorite number to bet on. So do your homework and look for some odds and picks of horse betting today and start winning!