Types of Horse Racing

August 1, 2012 By Leave a Comment

Throughout the world, horse racing is one of the most well loved and enjoyed sporting events. Horse racing has evolved over the years to include many exciting and different forms of the event. The following is a list of some of the various forms of horse racing:

Harness Horse Racing: This type consists of a horse fastened to a two-wheeled cart. A jockey is in the cart and controls the horse. Two types of this form are ‘Pacing’ and ‘Trotting.’ They differ according to the horse’s gait, or how the horse runs. With ‘trotting,’ the horse’s right front leg and left hind leg land on the track at the same time while they are running. In ‘Pacing,’ there are shorter pauses during a race and the horse travels at a much faster rate. As a horse begins to gallop, the jockey must slow it down in order to regain its pace. A popular sport in North America, Australia, New Zealand and Europe, harness horse racing not only relies on quickness, but also tactics. The Standardbred horse is known for its excellent harness racing abilities. These horses are well-built, muscular, and have a calm disposition.

Thoroughbred Horse Racing: Thoroughbred is governed by different national horse racing organizations and involves the racing of thoroughbred horses. A popular sport with gamblers, there are two forms of this equestrian sport: ‘Flat Racing’ and ‘Jump Racing.’ Flat racing can be run at different distances. Horses competing in this form are very fast. Jump racing can be divided into ‘hurdling’ and ‘steeple chasing.’ The distances of the dashes can vary from 3/4 mile to more than two. Steeple chasing is a horse race that involves a variety of fence and ditch obstacles. In hurdling horses run over obstacles referred to as hurdles. The hurdles are usually over three and a half feet high in height.

Because speed is a major component, it involves high-quality horses and prestigious prizes. Horses competing in these events are usually the same age and gender.

Quarter-Horse Racing: This form received its name quarter-horse because the race originally ran a quarter of a mile. Horses run at a very fast pace for a short distance. It is one of the more recent equestrian events as its governing organization was not formed until the 1940s.

Stakes Horse Races: This type of race involves is governed by the Graded Stakes Committee. The term “stake” comes from the race entry fees. The fees make up the total amount of the prizes awarded. Prizes are given to the top three and sometimes four winners. There are three grades that include Grade 1, 2, and 3. Medium size and large tracks will have at least one grade 3 race. These events have the highest purse prizes. The Breeders’ Cup Classic prize is $5 million.

There are a number famous horse tracks in the US that include Keeneland Race Track in Lexington, Kentucky, Churchill Downs in Louisville, Belmont Park in Elmont, New York, Pimlico Race Course in Baltimore, Saratoga Springs in New York, and the Meadowlands Racetrack in New Jersy.

As one of the oldest racing sports, this fever has spread throughout the world. It is a thrilling event for horse racing fans of all ages.

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Amy Nutt has 1 articles online

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Horse Racing Systems – Devising Your Own System

July 31, 2012 By Leave a Comment

Horse Racing Systems can cost you anything from a few pence up to £100 or more. Some systems are presented in thick manuals full of charts, graphs and past results whilst others are just consist of a couple of typed pages. From experience I have found that the success of any system has little bearing on its actual cost.

The main problem for a potential system purchaser is that you have very little idea what you are actually buying until you have paid for your system and had a chance to assess it. Even then you will not know how good any system is until your have actually tested it over a period of time. One of the best systems that I have ever used can be summed up in about 4 lines of text whilst another that I use regularly is over 200 pages in length.

An alternative to buying a system is to devise your own. This is far easier than you might think. In recent years the Betfair Betting Exchange has become very popular and on there it is possible to either back a horse to win or lay one to lose. So the first decision to make is whether your system is going to be designed to pick winners or losers.

For the purposes of this article I will show you how to build a simple system to find losers. Without going into to much detail the basic principle of laying horses on the betting exchange is that you are really taking the role of the bookmaker. This means that if the horse loses you win the stake but if it should win you will have to pay out the odd that you made when laying the bet. This means that if you lay outsiders they are less likely to win but when they do you can face a big payout. Therefore to keep the liability to a reasonable level we will only lay low priced favourites.

Rule One: Only select favourites priced at less that 3/1

It is a statistical fact that only about a third of favourites actually win their races. However, if you laid the favourite in every race you would finish up out of pocket, therefore we need to add some further filters. In some races all the horse carry more or less the same weight whilst in other the horses are assessed by a handicapper on their past performances and weighted accordingly. If the handicap worked perfectly all the horses should finish the race in a line across the course. Of course this never happens but it is a fact that favourites have a poorer record in handicaps than in other types of race.

Rule Two. Handicap races only.

Surprisingly favourites enjoy a greater success in National Hunt Racing than on the flat. I say surprisingly because you might think that with the addition of jumps this would make it more difficult but that is not the case. National Hunt races tend to be much longer than most flat races and horse have more time to sort themselves out. In a flat sprint race if a horse misses the break at the off all chances may be gone. Therefore:

Rule Three. Flat races only

Another fact is that in flat races the favourites seem to perform better when the going is described as “Good”. There are some horses that run better on the “Soft” or “Firm” going but as a general rule most prefer good going. If you go to the Racing Post web site you can look up a horses past performances.

Rule Four. The selection should not have won or come second in a race on the same going as that posted for this race.

So there is the beginning of a simple system. As it stands I am not sure that you would make very much money from it but it is ready for testing. You should never place cash on any systems selections until you have paper tested it for at least one or ideally two months. You can also use this period to assess your results and possibly add further filters or rules to improve the system.

Building a successful horse racing system can not only be fun but very profitable as apart from making money from your bets you can always sell the system to others.

Finally no matter how good any horse racing system is or is claimed to be none can be guaranteed win all the time and you should never wager more than you can afford to lose.

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D J Bromley has 1 articles online

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The Basics of Horse Racing Betting

July 25, 2012 By Leave a Comment
Since the maximum horse racing wager value is tied to major racing events, this article will focus primarily on how to place bets on popular competitions such as the Breeder’s Cup and Triple Crown races. If you are a serious online horse racing bettor looking for advantageous and profitable horse betting opportunities, then consider sticking with the bigger and more eventful horse races. In the same way that you can find good wager value in highly acclaimed competitions like the Super Bowl, World Series, etc., with important horse racing events you get to improve your horse betting winnings.

In case your primary aim isn’t to make a bundle on the outcome of horse racing, but to experience the thrill of betting and have a great time, then you may probably want to make mostly smaller bets. Moreover, since the aftermath of online horse racing events is difficult to predict, unless you are a pro, there would be no good reason to place sizeable wagers in such cases.

In fact, most important horse racing events are hard to handicap properly, due to the impeccable physical condition and great competitiveness of all horses that enter the competition. Betting on the big horse races takes a lot of experience and a well-trained eye to spot suitable wager options. Should you be wagering an average-level, local track, then there would be less of a balance between contending horses and good choices would be easier to spot. This, however, doesn’t hold true with prominent horse racing events such as Triple Crown races, where each single horse has an impressive pedigree and is bred to be a winner.

As some of you may already know, horse racing betting involves three basic types of wagers: win, place, and show. Betting to win means that you only collect if your selected horse claims first place in the race, while fructifying a wager made on a horse to place is slightly safer, as it requires the horse you pick to finish either first or second. Opting for a show wager is the safest and most forgiving horse betting variant of the three, as you collect even if your pick places third.

Obviously, aiming for the bigger prizes involves taking higher risks, which means the payout will be more substantial on a horse to win or place compared to the third option in the bunch. However, in some rare cases, you may come across show payoffs that are more profitable than the place option, but this is generally dependent by the presence of a strong favorite in the competition.

Although numerous horse racing authors favor and preach the betting to win approach with both offline and online horse racing bookies, the truth is there is no “only way” to successful horse betting. Yes, betting to win welcomes bettors with the most profitable betting options, but also requires a higher level of experience with horse betting. On the other hand, betting to place and show are great options for starting your horse racing endeavors, as they are safer and less challenging. To sum it all up, if you are playing mostly for entertainment purposes or are a newcomer to the world of horse racing betting, consider opting for the latter two said wager opportunities and leave the more difficult options for later.

For more resources about horse betting or about horse racing betting or even about online horse racing, please review these links.

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Fabiola Groshan has 1 articles online

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Using A Horse Racing Betting System

July 10, 2012 By Leave a Comment
Placing horse racing bets, you can use some types of systems. Level stakes system is used when you place the same amount on every race, and some kind of betting system is used when you place a variable amount on each race. Which one to use is up to you, just make sure that it won’t break your bank.

 

The outcome of any individual horse race is independent of the outcome of any other race. Even if it is being run on the same course on the same day. It should be obvious that there are different horses running in each race and that they are of different abilities. Whilst it is not unusual for a jockey to ride in more than race, they are not on the same horse and are not racing the same horses. Whatever system you use should allow for this.

 

Level stakes betting


This is the simplest system of them all. You place the same stake on each race that you bet on. Most tipster comparison charts use this method so that you can see at a glance how successful (or otherwise) the tipping services are.

 

Variable stakes method


With this system you vary your stake according to the anticipated starting price. Your aim is to make the same amount of money each time your horse wins. So if your aim is to make 10 units profit per winning race, you would vary your stake to take account of this. If the horse is forecast to start at evens, you’d stake 10 units. If the forecast price is 2/1 then you’d only stake 5 units. And if your chosen horse is forecast to start at 10/1 then you’d only bet 1 unit. This can be a very effective method to maximise your winnings without risking too much money.

 

Martingale system


This is riskier than the previous two methods described and can quickly break your bank if you don’t pick winners on a regular basis. You double your bet after a loser with the idea that a winning bet recovers your previous lost stakes and shows a profit. It is quite a common betting plan for a number of systems you’ll find online. Because of the possibility of stakes getting high, there is usually a stop loss built in where if the stake gets too big, you start over again although you’ll obviously have lost the stakes you have placed until that point.

 

Stop at a winner


A lot of systems use this approach. You place your bets throughout the day, possibly using the Martingale system, and when you get a winner that’s the end of your betting for the day, regardless of whether your winner appears in the first race, the last race or anywhere in between. Apart from limiting your possible losses, there is no real logic in this system as each race is an independent event.

 

These are the main horse racing betting systems used by people although you are obviously free to devise your own method if you have the inclination.

 

Take time to work through a new system on paper before committing your money to see whether you are comfortable with the amount you could be staking. And always remember that there is no guarantee of winners (even the bookies lose occasionally) so you should never bet more money than you can afford to lose.

 

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Trevor Stonham has 1 articles online

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Horse Racing Betting In Running – Golden Rules … – Rule – EzineMark

July 9, 2012 By Leave a Comment

Horse Racing Betting In Running

Forget old wives’ tales, home-spun wisdom and the advice of cabbies, says Tony Paley. If you really want to know how to punt on horses, you should engrave these 37 Commandments on tablets of stone and carry them with you wherever you go. Not literally, of course – that would be impractical. Horse Racing Betting In Running

Rules. Mavericks and misfits might not like to admit it, but it’s especially true in gambling that some solid guidelines are a major help in formulating a strategy to beat the bookies.

There’s no short cut to making money backing horses. The bookmakers work full-time at getting money from punters, so backers shouldn’t expect to have to do anything different.

Victor Chandler, for instance, not only has a form expert but a speed ratings buff, a breeding analyst and a man whose job it is to collate inside information.

Punters need to take their betting just as seriously, but if they take the following 37 Commandments on board, they will give themselves a much better chance of getting in front and staying there.

RULE 1

The first question to ask when you want a bet is: ‘How will this race be run?’ And the second: ‘Will it suit the horse I am interested in backing?’

RULE 2

Watch as many horse races as possible. Even if the over-excitable Mark Johnson or the almost terminally bored Graham Goode is commentating.

RULE 3

Look at every horse in the race, not just the one you’ve backed.

RULE 4

Concentrate virtually without exception on the better class of animals in the higher-grade races.

RULE 5

Cram as much form study in as time will allow.

RULE 6

When you find a horse ‘coming to the boil’ and running into form, back on a winnable rating, stick with it. It will almost certainly pay its way in time.

RULE 7

The going and the draw are the two most important variables in determining the outcome of any horse race.

RULE 8

If there are doubts about the going, draw bias, the price or any other highly important variable, wait till the very last minute until having a bet.

RULE 9

Keep your pockets sewn up when the ground is officially heavy.

RULE 10

The influence of weight is vastly overrated. In the majority of cases, horses will not reverse the form, no matter how favourably off they are in terms of the weights.

RULE 11

Only forgive a horse an ‘unlucky-in-running’ run once. The vast majority who repeat the offence will repeatedly find trouble.

RULE 12

Follow horses that travel well in races and/or have demonstrated a turn of foot in a truly run race.

RULE 13

The Ei Ei Memorial Rule. Favour horses with a willingness to win.

RULE 14

Never ever back a horse in a major handicap first time out, unless it is trained by Sir Mark Prescott.

RULE 15

Look, look and look again at the stats history of the big races, but use them intelligently. Buffoons on television telling us that no horse above draw 9 can win the Magnet Cup should remember that this is only true when the ground isn’t on the soft side of good. That’s a fact.

RULE 16

Be wary of each-way betting. In the long run, you’re almost certainly going to win more having all-win bets of £50 than £25 each-way. And, anyway, if you’re dithering about dabbling each-way because you’re unsure if your horse will win, why are you having a bet? Horse Racing Betting In Running

RULE 17

It’s the Cheltenham Festival, Royal Ascot, the Derby, the Grand National. You don’t have to bet.

RULE 18

Concentrate at specialist courses like Brighton or Goodwood on horses that have demonstrated an ability to perform at those tracks, or have so much in hand their relative inability to do so won’t matter.

RULE 19

Study courses until you can study them no longer. Take on board the fact that Ascot’s short straight requires different qualities in a horse than York or Newbury’s galloping terrains.

RULE 20

Seven furlongs is a specialist distance. End of story.

RULE 21

In sprints, concentrate solely on horses in form.

RULE 22

Cut out and keep the entries for big races. They are stuffed with clues about what trainers expect and, even more crucially, know about the horses in their charge.

RULE 23

Similarly, read and keep all the stable interviews with trainers. They will often give information about going and distance preferences for their horses.

RULE 24

Don’t pay over the odds for tips. There is enough quality information around for the cost of a newspaper. Graham Wheldon’s Sprintline column (Racing & Football Outlook), Andrew Barr’s Mark Your Card feature (Racing Post Weekender), The Guardian’s inside info Horse Sense column on Saturdays and Malcolm Heyhoe’s internet tipping service (gg.com) are all highly recommended.

RULE 25

The number of race meetings is set to continue growing at an alarming rate. Have an area you can specialise in, whether it be Group races, sprints or middle-distance handicaps.

RULE 26

Think like a bookmaker. Compile your own betting forecast, but above all, be honest with yourself. Ask yourself if you would really offer those odds if you were a layer.

RULE 27

The following books are a must for any serious punter’s library: Nick Mordin, Betting For A Living; Alan Potts, Against The Crowd; Mark Coton, Value Betting. The best volume to start with is the Racing Post’s Definitive Guide To Betting On Horses.

RULE 28

Open up accounts with as many bookmakers as you can, in order to take advantage of the best prices available.

RULE 29

Get access to the net and use the free Racing Post form at racingpost.co.uk. The races are laid out in a line-byline format, which is much easier to use and far more useful than the form in the newspaper version.

RULE 30

Subscribe to a form book. The official Raceform version, Timeform’s Perspectives and Superform are all more than adequate. Stick with the one that suits you.

RULE 31

Put a bank together that you’re comfortable with, and have a staking plan sorted out that suits your particular style of betting.

RULE 32

If you’re at the track, don’t go for a drink before the race, watch the horses going down to the start. You’ll learn an awful lot about what sort of horses are suited to different types of ground and what plus and minus points to look for in a horse just prior to running.

RULE 33

Don’t believe all the recent press about ignoring the effect of the draw. Stalls positions are often crucial to the outcome of a race, especially in the big handicaps. This is even true of the long-distance races like the Tote Ebor at York, the Cesarewitch at Newmarket and the Ascot Stakes at Royal Ascot. You’ll find Graham Wheldon’s detailed analysis of draw biases in the Racing Post Definitive Guide book (see the 27th Commandment) or at the front of the official Form Book.

RULE 34

Big-name jockeys invariably win big races. Be wary of backing runners in the major races with lesser-known or inexperienced riders on board.

RULE 35

Have your biggest bets in a period, normally between June and September, when the ground remains fairly constant.

RULE 36

Never underestimate the psychology and emotion involved in gambling. If your mood swings are extreme, you’ll find it difficult to survive the inevitable losing runs.

RULE 37

Go to the paddock. Learn the different types of physique and the good and bad signs displayed by horses before the race. Nick Mordin’s book The Winning Look covers all the bases. Horse Racing Betting In Running

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You Can Win in Horse Racing Betting

July 7, 2012 By Leave a Comment
If you want to win your bet on horse racing, you can learn the way to make it come true. Actually, you can win your bets by using tools.

 

First and foremost, losing money over horse racing betting is not a good feeling whether you consider this as merely a hobby or as an income source. Each time you place a bet, you always hope that you will go home a winner. Therefore, it is important to sharpen your skills in identifying which bets will be winnable so that you can improve your chance of winning.

 

To ensure that you are placing your bet on a winnable horse, you definitely need to know background information about a horse. Remember that it will never be enough to choose a horse to bet on based on your intuition. Luck can never increase your chance winning.

 

You must know how the horse performed in its previous race as well as who was its jockey that time. You can get this information from the daily program. Besides that, more information about horses can be definitely found by searching the Internet. Additional information that you should look for include horse’s performance in a specific weather and race track, the jockey in every race, and number of losses and wins. Once you get to understand and analyze these information, you will be increasing your chance of placing winning bets.

 

You might be wondering if it is important to take note of the weather and race track. In your research, you will find out that certain horses perform well when the race track is wet while others perform poorly in such conditions. Knowing what the weather is and the condition of the race track will help you in choosing a winnable horse to bet on.

 

If you want to know of a tool which could help you increase your chance of winning, this is the horse betting system. By using this product, you will definitely be able to place a bet on a horse that has very high chances of winning. You will find different horse betting systems in the market today. Therefore, it is important to do your research before choosing the betting system to purchase. It is never advisable to purchase the first horse racing betting system which you get your hands on. Most, if not all, of these horse racing betting systems will claim to know the secret in winning your bets. You need to do more before you believe in the claims of these systems.

 

You must compare the features of the betting systems and the user testimonials that you will find. Now that you know the different features of the manual, you can use the user testimonials to see how other people found the quality of the manual.

 

One horse racing betting system that has been getting great reviews from its users is the How to ‘Place Bet’ on Favorites for a Living. Get your own copy today and see for yourself how this can help you improve your chances of winning.

 

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Tips On Horse Racing Today

July 6, 2012 By Leave a Comment
Horse racing today has many different styles and types of horse breeds that have the ability to become champions overall. Horse racing itself has been around for many years with exciting results every time. Many different companies and large investors own horses to make thousands sometimes millions of dollars throughout the course of a year or a lifetime with a particular thoroughbred. The most popular form of horse racing today is thoroughbred horse racing. This type of horse racing has become so popular that many people who are betting on horses throughout the years do not know any other type of horse race that there is.

If you look at the history of thoroughbred horse racing today youll see that this sport is known as the sport of kings by many different racing enthusiasts. Nobody really knows where that saying came from but it has been used for many years by fans. Now, I bet you do know that in thoroughbred horse racing, each horse has a certain amount of weight that has to be put on it for it to compete. These could be in the form of ankle weights or added to the reins in front of the horse to give it the required added weight.

Taking some time to look at thoroughbred horse racing today, youll see also that they come in a number of different forms. Take for example, the maiden race; this race is for thoroughbred horses today that have never run in a single horse race. Many fans like these types of races because of the fact that it could be a showcase of the different thoroughbred horses coming into play today. This could also give you a heads up when this horse in particular does start thoroughbred horse racing today or in the near future.

Now looking at the allowance race and the grand stakes race. The allowance races involve thoroughbred horses that have already raced in their main race but are not ready for the grand stakes races yet. Along with the allowance race comes more money to the owners and jockeys that take care of the thoroughbred horse. The grand stakes race is the type of thoroughbred racing that brings in a substantial amount of money more than the allowance race. Many thoroughbred horses that do go on to win a grand stakes race usually have celebrity status among thoroughbred horse racing today and so do the owners and trainers that have helped in the process.

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Differences In Horse Racing Between Australia And The UK

July 2, 2012 By Leave a Comment

Horse Racing is a wonderful sport and it is enjoyed by millions of people around the world. Though on the face of it, Horse Racing would seem to be the same no matter where it is run, nothing could be further from the truth, particularly when it comes to punting on the races.

In Australia for instance, the Horse Racing industry is highly regulated with most of the punting dollar going through Totaliser Agencies, you will find there is very little money gambled on fixed price in comparison. The opposite is true in the UK where most people bet fixed price and the industry is highly de-regulated.

There is huge competition between bookmakers in the UK and whilst this situation is also becoming commonplace in Australia, the industry is still massively dominated by the State TAB’s. (Totaliser Agency Boards).

Just as Betfair changed the landscape of betting in the UK through the introduction of a betting exchange whereby anyone can become a bookie or a punter, the same is slowly happening in Australia with Betfair setting up an operation in Tasmania, the island state.

Other differences between the 2 countries include what the British call National Hunt, this is hurdle racing and quite brutal on rider and horse, in Australia, there are hurdle races but the hurdles are fewer and much lower in height. Again, a result of a highly regulated market.

All weather tracks are also popular in the UK, these are dirt tracks which can be used in all weather conditions. In Australia, the weather in general is kinder and this form of racing is left to Harness Racing.

One of the amazing things about the UK racing scene is just how sophisticated it is for the punter, you can watch all races online live, you can place bets during the running, there are odds comparison sites galore that will give you live updates of the best odds from every bookmaker and you can even place bets through your remote control on your set top box. The UK leads the world in application of technology for gambling and Horse Racing plays a very big part in its success.

Even though electronically, the UK Horse Racing scene is more sophisticated than Australia, the Aussies beat the British hands down when it comes to facilities for the race loving public and their ability to host hugely successful Horse Racing carnivals such as the Easter and Spring Racing carnivals in Sydney and Melbourne each year.

The facilities for the public are incredible at places like Flemington in Melbourne where even the children enjoy their own play areas and the place is packed with restaurants, corporate boxes, big screens and both on and off track betting facilities.

One of the few areas of technology where the Australians do Horse Racing better is in television. At most of the big tracks, loops are installed and transponders are carried by each horse which updates live on TV showing horse position. Whilst this is being done to some extent in the UK, it is not universally accepted by all tracks and operators. In Australia, they also use 3D Graphics technology in the form of Track Bias Simulators (Channel 9 and Channel 10 in Australia did this to some success over the Easter and Spring Carnivals). Not only is Track Bias informative, when shown in this way, it becomes an integral part of the graphical presentation of the race day telecast.

In terms of television, it seems that in the UK, gambling has been the driver whilst in Australia they have attempted with varying degrees of success to make Horse Racing entertaining.

In terms of betting, there are several differences between the 2 countries, interestingly around the types of bets that are popular. For instance, Trifectas, Exactas and Quinellas are hugely popular in Australia and contribute a large percentage of all bets taken. Not the case in the UK, where spread betting is hugely popular and barely used in Australia.

Just take a look at the following list of bets offered in the UK to see what I mean about differences:

  • Win

  • Place
  • Each-Way
  • Double
  • Treble
  • Accumulator
  • Full cover bet
  • Trixie
  • Yankee
  • Canadian or Super Yankee
  • Heinz
  • Super Heinz
  • Goliath
  • Lucky 15
  • Lucky 31
  • Lucky 63
  • Up-and-Down
  • Round Robin
  • Flag
  • Super Flag
  • Rounder
  • Roundabout
  • Union Jack
  • Straight Forecast
  • Reversed Forecast
  • Combination Forecast
  • Tricast
  • Combination Tricast

 

Compare that with the Australian equivalent:

  • Win
  • Place
  • Each Way
  • Quinella
  • Box Quinella
  • Roving Banker Quinella
  • Exacta
  • Box Exacta
  • Trifecta
  • Box Trifecta
  • Running Double
  • Daily Double
  • Quaddie / Quadrella

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Quick Horse Racing Bet Through The Internet

June 29, 2012 By 1 Comment
If you are enthusiastic on betting throughout equine races, don’t be concerned. You are able to carry out any horse racing bet online nowadays. There’s no necessity to go to numerous horse tracks to do so.

Some on the web betting businesses are linked to one hundred or much more racetracks for that horse racing bet. If you have never bet on horses before, try your hand at horse racing bet for earning some side income. Horse racing bet is really a type of gambling, similar to shares, commodities and forex. However, unlike them, horse racing bet only involves a little quantity of cash as a minimum wager.

You can bet for one or two US dollars if you would like. A unique quantity is assigned to every equine depending on the monitor or its position on the track. For that horse racing bet, simply pick your favorite equine based on its name. Both the title and quantity is usually listed around the race program for that horse racing bet.

If you select to bet two US dollars for a ratio of 2-to-1, then, you’d get a payout of six US dollars if you gain. For a horse racing bet, the payout is calculated depending on the multiplication of one’s preliminary wager using the ratio and added with the preliminary wager quantity. Therefore, the higher the initial wager amount for the horse racing bet, the higher the payout quantity to the winner.

You don’t have to visit world well-known horse race tracks like Kentucky Derby, Preakness Stakes and Belmont Stakes for your horse racing bet. You are able to perform the horse racing bet whenever you wish from any place as long as you have web access. Usually, you’ve to register with on the web racing businesses before being able to carry out the horse racing bet.

Deposit or financial costs throughout registration are common. The greatest thing to complete would be to check out numerous sites for the lowest charges. Some web sites also permit their clients to carry out a sports or casino bet apart from a horse racing bet.

Once you’ve registered with a particular company, you’re usually allowed to carry out the horse racing bet to get a specific duration like 1 year or so. So, buying a package isn’t a poor concept. You would be asked to create a unique username and password throughout the registration procedure. With your username and password, you are able to access the website for horse racing bet whenever you would like.

To place it briefly, think about the option of online horse racing bet to save time, energy and money. You do not have to go to any racetrack to attempt your luck at horse racing bet.

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Horse Racing Betting and Its History

June 29, 2012 By Leave a Comment

Horse racing is one of mankind’s oldest sporting events.  It originated from the nomadic tribes in Central Asia who were the first people to domesticate horses.  However, the current form of horse racing we see nowadays had its roots from medieval times.  It was during the 12th century when English knights returned from the Crusades and brought with them Arab horses.  The Arab stallions were then mated to English mares and the result was the Thoroughbred breed, boasting a superb mixture of endurance and speed.  Due to its excellent features, Thoroughbred horses were very costly and only the nobility were able to afford them.  Later on, aristocrats began wagering among themselves on private horse races.  This was how horse racing became known as the Sport of Kings.  It was only during the 16th century that horse racing became open to the common public, with audience members placing stakes on their favorites.  Soon after, public racecourses were constructed and horse racing rules became regulated by professional organizations.  Horse racing betting also began to intensify in status.  In the early 1900s, a ban on gambling and bookmaking was enacted which almost destroyed horse racing.  The establishment of pari-mutuel betting in 1908 rescued the ailing business, and soon after the noble sport of horse racing began to flourish once again.

Horse racing betting has its own set of rules and its betting system strategies also use its own unique lingo.  These may be hard to comprehend initially but avid fans of horse racing can effortlessly utilize them to gain profits on a well-loved pastime.  An understanding of the lingo can really help anyone who has ever been to the race tracks. And for those who are planning to engage in this type of sport, you need to understand how the betting system in a horse race works.  In pari-mutuel betting, all bets placed on a race are collected and a certain percentage is deducted to cover for the track’s taxes, prize money, and other expenses.  The remainder of the pool is then distributed among the winning bettors.  There are many different types of bets you can place at a race, or even several races.

It is important that you are familiar with all the different jargons racing enthusiasts and professionals use.  Terms such as “win”, “place”, “show”, “perfect”, “trifecta”, “superfecta”, “wheeling”, “keying”, “boxing”, “pick three”, “pick six”, “daily double”, and “twin trifecta” among others can be surely perplexing to novices but is used on a daily basis on any given race track.  If you are a beginner in horse racing betting, it is better to place your stake on a likely winner and to stick to simple or straight bets. Exotic bets may have bigger payoffs but the chances of success are very slim.  Another sound advice for beginners is to focus on a single race course and study the records of horses and riders.  Familiarity with the history and statistics of horses and jockeys play an important role in choosing a winning pair.  Most of all set a limit for your losses.  Gambling is still a risky business but being a responsible gambler can assure you that going to the tracks remains an enjoyable event.

 

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