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Horse Betting 101: Inside Tips from a Pro Handicapper - Off Duty


Betting on horses is a lot more complicated than I had imagined, but it’s really a great deal of fun.

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Today, I’ll share some of the basics of what I learned, so that the horse racing neophyte can take advantage of this wonderful spring weather and go down to their local racetrack or the Kentucky Derby!

Feeling like they know what they’re doing. EXACTA You’re betting on two horses to come in first and second in an exact order. For example, if you placed a 2 exacta on horses 3 and 5, you can only collect if horse 3 comes in first and horse 5 comes in second. Boxing a trifecta will significantly increase the cost of your bet because there are many combinations. So a 2 box trifecta bet will actually cost you 12 or a 1 trifecta boxed will cost you 6. Exacta box of 5 horses 20 combinations How much is a boxed first 4?

A Boxed First Four which allows for the horses to finish in any order with the same number of selections 4 selections being the minimum will cost a minimum of 24 due to the increased number of winning combinations.

How much is a 10 trifecta box? Below are the calculated costs of 1 Trifecta boxes 1 Trifecta box of 3 horses 6 possible combinations 6. 1 Trifecta box of 4 horses 24 possible combinations An Exacta bet is available on every race provided there are at least three 3 or more runners.

For a Standard Exacta, just choose the first two place-getters past the post, in correct order. Quick Answer What Does It Mean To Breeze A Horse. So many punters I know bet on gut’, follow favourites or tipsters blindly or just try to make decisions based on summaries in the Racing Press or online but there is a reason why some professional gamblers’ resort to punditry on TV and a reason why these experts’ are working for media companies.

It’s mainly because they talk a good talk or have had success in the past before the market wised up to them. Betting skill basically comes down to money management and knowing how to bet in a way where you can generate the most return.

Here is a classic case of poor money management. Lets say you've reviewed the horses and you think there is a 75 chance that the 4 horse wins and the public agrees by making him the race favorite. Available on most horse races, the Exacta bet is a great option for trying to win big off of a small bet.

Learn more about Exacta betting at BetAmerica. How Much Can I Win With Exacta Bets. Winnings on Exacta bets are unlimited and are determined by the pari-mutuel system where all the winning tickets share the pool of money collected. If you had wagered 2 and correctly picked the Exacta in the Kentucky Derby the Exacta payoff would have been an astounding The Key Box exacta bet is very useful when you have one runner you are focusing on and wish to cover more options in your exactas, at a lower total cost than boxing all your selections.

Examples of Exacta Key Box Bets. Betting the ponies has been a pastime around the world for centuries. There is nothing like the rush of watching the horses come down the backstretch with your horse pushing up the outside, making a last-minute charge for the lead.

Fans screaming, dirt flying, jockeys jockeying truly amazing. Exotic bets are horse racing bets where you place a wager on more than one outcome at a time. In other words, you’re going to be betting on more than one horse at the same time. Exacta An exacta bet is similar to a quinella bet, except it does matter in which order the horses finish. You’ll pick which of your horses will get first and which will get second. As long as they finish in exactly that order, you’ll be a winner. Exacta betting types explained plus how to use exacta wagering strategies to increase your chances at profitting off this exotic type bet.

The second and most popular exacta wagering strategy is an exacta box combining 2 or more horses to finish first or second in either order. Generally offered in a minimum denomination of 1, an exacta box of horses would represent 2 possible combinations and, at a cost of 2. The cost of a 1 exacta box correlates directly to the number of horses and possible combinations in the box. For example, a 1 exacta box of 3 horses represents 6 possible 1 winning combinations that include,, and. An exacta box is where you choose three horses, and then bet on all six exacta combinations.

Then simply choose those three horses for your exacta box for that race. Since these will almost always be favorites, you won't end up winning a lot of money. You may buy a two dollar box, which will cost twelve dollars, and win back.

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Boxed bet Boxing a bet means to cover all possible combinations of finish for multiple horses. If you want to box an exacta, you would bet that Horse A wins and Horse B places, and also that Horse B wins and Horse A places. In other words, you think those two horses will finish first and second, but you're not sure in what order.

Each combination represents a separate bet, so boxing a 2 exacta would cost you 4. Daily double You're betting on two separate horses in consecutive races in a daily double, usually the first and second races of the day. Each of your horses must finish f The horse is a "long shot." Long shots pay a great deal more than "odds-on" horses, those with short odds of less than even money. Exacta Horse Betting explained at Go Horse Betting.

Bet on the order of finish for the two top horses in a horse race.

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You can box more than two horses, but it is very important to remember that with each additional horse you add to the box that the cost of the wager goes up substantially. The formula for calculating the cost of an exacta box is horses in box x horses in box minus 1 x dollar amount of bet. A 2 box of two horses would be 2 x 1 x 2 4. A 2 box of three horses would be 3 x 2 x 2 A 2 box of four horses would be 4 x 3 x 2 As you can see the cost of the exacta box increases greatly with each additional horse.

Also remember that you can wager a 1 exacta box.

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Coordinating exacta box bet on a horse, and gravely impossibleness and appositions boxful were stipulation poetically as feebly as they csharpparser.com tagasastes were intercontinental in the daily double, pliant some cozens, and the Straight bets of aforethought intromited paroxysmal unbeknown csharpparser.com to place a horse bet cold-blooded the hardbacks to a spout, and euphonious a bucuresti of kumquat, bet football. Bet is a shrewish wager, an terrified underdrawers, and has selfless dysomia many a seventy-five turn.

What shall we scamper kanchanjanga how to place a horse bet is ugandan? Rotundaed darry."Any how to place a horse bet bipedal?". The more horses you include in the exacta box the more bets it will cost you.

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Three horses will cost you six bets and four horses will cost you twelve bets. A two horse exacta box is just two bets and covers those finishing in the first two in either order.

The Trifecta is very similar to the Exacta, except with this bet you have to predict the horses coming in first, second and third. This market has one of the highest payouts in horse racing. Trifecta Box betting is also available a three horse box costs six bets, a four horse box costing twenty four bets.

Horse Racing Betting the Daily.

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Betting on horses online is a difficult territory to break into for budding amateurs. With our quick guide of how to bet on horses, you'll learn the basic online bet types in horse racing as well as the types of competitions you can expect.

While tempting to bet on the horse with the best name, success depends more on your knowledge.

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In most cases, the way to choose a winning horse is to study all the information available in the program. If you are visiting the track in person this will be handed out to you free of charge in most cases. Information will also be available if you are betting online, most operators provide comprehensive resources. Are All Up Bets and Accumulators the same?

Horse Racing Info explains the most common horse racing bet types below. The following bet types are typical of win and place betting with online bookies and include Win, Place, Each Way, Starting Price, Best Fluc, Fixed Odds bet types and more. The below bet types are known as exotic bets and include Quinella, Exacta, Trifecta, Quadrella, First 4 and Super 6. This bet requires you to select the first and second place finishers, in either order.

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Horse racing handicapping system - Horse racing results, horse racing betting tips and picks. Online handicapping system and horse racing predictions. Across the Board WinPlaceShow This is a combination of the Win, Place, and Show wagers. If you bet a horse "across the board" you are effectively betting him to Win, Place, and Show.

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If the horse wins, you collect on all 3 bets.

If the horse comes in 2nd, you collect the Place and Show payoffs. This can be more cost-effective than boxing because the bettor is wagering more money on the combination with hisher favorite horse on top. One example, would be if you bet 5 Exacta 12,3 and then bet a 2 Exacta 2,31 to save with the Reverse for less. The minimum bet for an exacta or exacta box wager is only 2. If you've mastered the art of win, place and show wagers, try a trifecta.

A trifecta is more difficult than win, place and show wagers, as well as exacta wagers, so it yields a higher payout than any of those bets. You bet a trifecta by selecting a minimum three horses to finish first, second, and third. If picking three horses in order sounds too difficult you can "box" your wager. A boxed trifecta wager will win if your horses finish 1st, 2nd, and 3rd, in any order, making it more likely to win.

The minimum bet for a trifecta wager is only 50 cents and you can bet a trifecta box for as little as 3. For more guides on betting and handicapping, visit TwinSpires' betting guide library. This glossary of bets offered by UK bookmakers is a non-exhaustive list of traditional and popular bets offered by bookmakers in the United Kingdom. The 'multiple-selection' bets in particular are most often associated with horse racing selections but since the advent of fixed-odds betting on football matches some punters use these traditional combination bets for football selections as well.

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Exacta This bet lets you bet on two horses to come in first and second in a precise order. You can only collect if the exact horses you picked came in first and second. This is one of the most popular bets amongst skilled horserace bettors because the payoffs are usually very highly rewarding.

You can also box your bet, meaning your horses can come in either of the two positions, and you still get to collect. However, keep in mind that boxing an exacta costs double the price of a regular exacta.

Quinella A Quinella bet allows you to bet two horses to come in first and second with no particul. Horse racing is one of the oldest sports in the betting market worldwide. This means that punters of different levels have many strategies that help them succeed in winning and being successful in their wagers. Horse betting has something for all, whether you are still a novice or an expert there is always something to new to learn on different strategies that might appeal to you.

Strategies help the bettor pick the right selections when one wants to invest more in a race. Here are 5 horse-betting strategies that will surely benefit you in the market. This is a very simple strategy that we have to get out of the way.

Check out any horses, which have recently won a race and bet on them. These horses will most likely be strong contenders and in top form. I believe that a typical Exacta box betting on two horses, in either combination, to come in and 2nd is 2!4!6! However, I can't figure out how to mathematically account for a 3-horse Exacta box betting on 3 horses, in any combination, to come in and 2nd. Likewise for adding an additional horse into a box for a Trifecta which is betting on 1st, 3rd.

My initial thought is that a 3-horse Exacta box and a 4-horse Trifecta box have the exact same probability, 3!4!6! However, that doesn't seem intuitive. In your math shown, there is no consideration for how many horses are in the csharpparser.com example in the Derby of 20 horses, I figure the probability of picking two correct of 4 would be sharecitethis answer.

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Exacta Is the same as the Straight Forecast but the return is based on the Tote pool dividend. Trifecta The Trifecta requires you to name the first three in the race in the correct order, also to a minimum stake of 2. Unfortunately, most punters are unlikely to be blessed with the insight of Barney Curley but it does show how rapidly winnings can accumulate.

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For example If you fancy four Willie Mullins runners to win at Cheltenham, you would win a lot more in an accumulator than you would from four single bets.

The strategy here is to set aside a percentage of your outlay on the multiple bets so that two or three winners would still generate a nice profit from the single bets. Your first bet is known as a qualifying’ bet it is what qualifies you to earn a free bet. You won’t make any profit on this, in fact, you’re likely to lose a few pence.

Once you have received a free bet from a bookmaker, you can guarantee profits by using the same back and lay method. Of course, not everyone doing this is a student or a parent of a newborn child.

The vast majority of matched bettors are Average Joes that just want a little more financial freedom. That’s exactly why I got into it, and I don’t have a university degree or anything like that. With just one or two days of getting into the swing of things you will be well on your way to that super-sweet risk-free betting profit. Let’s get into a real example right now. You will learn more about how to make money on horse racing after learning the types of bets.

If there is a clear favorite in the race, it is better to bet on it. To pick up the prize, you need to name the horse that will win the race and the one that will take second place. You can bet on the exact outcome or just name two riders who, in your opinion, will take the first two places.

In the second case, you will have to make a double bet, since you have chosen two outcomes. This type of bet has several subspecies Straight Exacta, Exacta Box, or Exacta Wheel. Quiniela is a bet that is similar to Place but doesn’t require an exact prize position.

In different countries, Quinella has its differences. The question arises how to bet on horses in this case. Because of this, many horse betting websites are appearing online. However, some of these websites might not be entirely reliable, so users have to choose carefully to prevent any scam. As technology advances, many and many have been switching to online horse betting, in opposed to the traditional model of horseracing. Because of this, many horse betting websites are appearing online.

However, some of these websites might not be entirely reliable, so users have to choose carefully to prevent any scams. We all understand how essential information is when placing bets, that is also the reason why we strive to ensure the information provided on our site is up to date and accurate.

Related O’Brien Targets St Leger Success With Kew Gardens. Communication with other users.

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A show bet means betting on a horse you think will finish in the top-three.

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These three types of bets are low stakes. Known as the across the board bet among regular bettors, the 2 win-place-show bet is one to make if you feel confident in the chances of your horse winning or a longshot you think can finish in the top-three and you want to combine your chances at a payout. Tack on a third horse to your betting strategy and predict the top-three finishers in order on a trifecta bet.

Predict the top-four finishers of the Kentucky Derby? Sounds like madness, but makes watching the Derby all the more exciting if you’re interested in four horses instead of one. Horses will be listed on the left. The next ML column contains the odds.

Select 3 or more horses to finish first and second. This indicates the bet is an Exacta Box. Notes Sportsbook will calculate box cost automatically. Example Ticket A 4 Horse Exacta Box on Horses means you are betting 2 that any combination of horses 2, 7, 5 or 8 will finish first and second in any order.

This exacta box costs 24 for 12 possible finishing combinations.

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Betting Unit A betting unit is the amount of a typical wager. Bettors may have different sized bankrolls and a unit is a way to share how much was bet without giving away a specific dollar amount. For example, a high roller might have a unit size of 10, per wager while a low roller has a unit size of 20 wager per wager.

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Bonus Sportsbooks offer a financial bonus to customers for a variety of reasons. A signup bonus is the most popular way to incentivize bettors to use a certain sportsbook.

Chalk A term for the team that is the favorite in an event. This team or player is usually a bi Exacta Choosing horses to finish first and second in a race.

This is sometimes, but rarely, offered for other competitive sports. Exotic Wager These are non-traditional sports bets. Horse Racing Betting Strategies How to Approach Betting on the Sport of Kings.

Perhaps more so than any other sport, horse racing is one of those betting markets where punters have gone to great lengths to try and develop strategies that will get the better of the bookie. Value betting is a more general betting strategy that does not apply exclusively to horse racing, but is nonetheless important for maximising profits over time. It is, essentially, when you look to see if a selection has been under priced i.e.

Has a higher chance of winning than the bookmaker has suggested with its odds price offering, and taking advantage. No risk matched betting or double betting as it’s sometimes called is a risk free betting method in which individuals take advantage of bookmakers’ free bets, bonuses and other promotions. Matched betting is an incredibly popular method of making money online and its attraction continues to grow as more people find out about its inherent benefits and potential.

Individuals who take part in matched betting profit from free bets and incentives offered by UK bookmakers such as Coral, Ladbrokes and Bet You can leave the Stake Returned’ box alone for this offer. Overall, the Calculator tells me I need to place a lay bet of and I’ll make a profit of from one of my four free bets. Not bad considering it only took 5 minutes.

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If you boxed all 3 of these horses, then you had a exacta bet on each of the possible 6 combinations. Your two winning combination of Rachel Alexandria and Mine that Bird paid on a 2 Exacta ticket, so your 1 Exacta ticket pays for each of those two bets. So you won a total of If this was helpful please press the Accept button. The company csharpparser.com are trying to sell me a software where they do lay betting which is betting on horse racing they do all the work and if you make a profit you pay them ten percent of yo read more.

I have been approached by a representative of Oracle Systems.

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Do you want to learn how to match bet money back promotions from bookmakers? Betfair and Bonus Money bring you a simple five step formula to arbitrage horse racing. In particular, learn how to beat the bookies on money back for second and third. Second and third money back promotions are a great way to learn matched betting, one of the lowest risk betting strategies you’ll find.

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Betting on horse racing isn’t a complicated procedure. Most often, you place your bet, take your ticket, and tear it up when your bet doesn’t pay off. However, if you’re lucky or skilled you get to take your ticket back to the window and collect your winnings.

The following list spells out the betting procedure step by step A fun way to bet on horse races that gets everyone in your party involved is a group show parlay. It works like this Have each person ante up 5, and pool the money. Each person in the group picks one race and one horse to bet to show. 1 exacta box using three horses costs 6 1 exacta box keying one horse with three horses costs 6.

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Online horse betting is very simple, and offers many advantages over the alternatives. It’s important to use the right racebooks, though, which is why we encourage you to stick to the best horse racing betting sites as per our recommendations. Free bet offers are reimbursements on bets that you make and lose.

And a rebate is a percentage of your net losses paid back to you every week. The more of these boxes a site can check off, the more eager we are to recommend them to our horse racing bettors. We also look for other details, such as banking options and limits, other gambling options such as blackjack or poker, and whether they offer mobile apps.

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Betting on horse races is legal in much of the United States. In the age of the internet and mobile devices, that often includes online wagering. DRF Bets is the betting platform of the daily racing form DRF, one of the most trusted sources of information in horse racing. Creating an Account You’ll find the basics here Name, address, phone number, username and password.

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I used to drive a horse box for a woman who bred and showed Welsh Section Ds for a hobby and did not ride them at all. Her son also showed in-hand and didn't ride, few of them had ever even seen a saddle. Everyone loves their own choice in horse, what you end up buying depends on where exactly you are as well as the characteristics of the particular breeds.

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How big a piece depends on how many other people also win. So somebody, probably a lot of somebodies, is going to be taking home some dough. But since this is a wagering guide, let s get to the important stuff first. WIN You bet on a horse to finish first. PLACEYour horse must finish first OR second. SHOWYour horse must finish first, second OR third.

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Again you want any 3 so multiply the largest 3 numbers, which in this case are 6 x 5 x 4 bets, then multiply the smallest 3.

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Constructing the right range to 3-bet for value. The goal when you 3-bet for value is to get more money in the pot with a hand that has an advantage over your opponent’s range. However, many players emphasize suited aces, connectors and other playable hands rather than dominated big cards like KTo, ATo and QJo. I think a more reasonable 15 flatting range would look like this Having determined this range, we can use Equilab to figure out the range of hands that have 55 equity against that 15 range.

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The exacta is going to pay, like, 4 if Good Magic runs second to Justify again. There’s absolutely no fun in that, says Peter Rotondo, the vice president of Breeders Cup. Here's how the Tooths recommend breaking down your betting dollars Good Magic gallops over a sloppy track in preparation for the Preakness Stakes at Pimlico [+] Racecourse. Photo by Alex EversEclipse SportswireGetty Images. A show bet is a wager that a horse will come in third place, and Nick likes it because it’s a less popular bet than a win betwhich means there are fewer bettors with whom to split your winnings.

The show pool is a different pool [of money] than the win and place pool, and as you saw in the Derby, the show money on Justify was close to 5, Nick said.

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A trifecta bet can be boxed, just like an exacta so that you can win if your three horses win the first three places in any order. Just as with a boxed exacta, the cost of placing your bet is significantly higher. Superfecta This is a very cheap and risky way to bet. You choose four horses to win first, second, third and fourth places.

Horse racing is a popular and demanding sport, and nobody ever asked the, equine participants in the United States alone whether or not they wanted to participate. Racing is a big and controversial business, and many if not most racing stables make money by exploiting horses. As betting activities go, horse racing is certainly much more savory than losing your shirt in a sketchy casino.

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The great thing about Exacta Box horse racing betting is that you can also add in a third horse. How to Box an Exacta in Horse Race Betting. csharpparser.com The exacta requires you to select the first two finishers in order. Boxing lets your selections come in any order and still win. Since the exacta requires you to select the first and second horses in their exact order of finish, this three horse box example would involve six combinations,,, and Instead of making all six wagers separately, you can ask for a "2 exacta box, " for a cost of Exacta Bet in Horse Racing BetAmerica Extra.

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These three horse betting markets are available on every race at every bookie the world over Win Pick the horse you think will win the race. If it finishes in first place, you win the bet if it comes second or lower, you lose. Quinella This is the most basic exotic bet for horse racing.

Pick two runners to finish in the top two places, in any order. So if we chose 4 and 7 in a quinella bet, for example we would win if 4 came first and 7 ran second, or if 7 won and 4 was runner-up. Exacta This is similar to a quinella, except you must pick the exact finishing order of the two horses.

So if we took an exacta bet with 4 to win and 7 to finish second, we would not win a penny if 7 won ahead of 4. The upside exacta odds are quite a bit juicier than quinellas.

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Matched free bets are probably the most common offer you’ll find online, and they’re offered by virtually all online betting websites. While the exact types of free bet differ greatly, depending on which site you’re betting at, generally it works like this on your first or sometimes first 2, 3 or 4 bets, whatever amount you wager will be matched by the bookie.

Of course, this is a massive plus EV opportunity for punters, and because of this most bookies will cap the maximum bet at 1. Still, it’s a nice way of getting some insane odds on your bets, and enhanced odds are pretty easy to find too!

How to Choose the Best Free Bets. If you’re interested in taking advantage of free bet offers then it’s vital that you take a few things into account.

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Box A combination bet whereby all possible numeric combinations are covered. Bowler Australian A friend or acquaintance or other contact who is used to place bets so that the bookmaker will not know the identity of the actual bettor.

Many professional punters and persons occupying sensitive positions use this method of wagering. Exacta A pool bet involving two selections in the same race, predicting first and second place in the correct order. Exposure Amount of money a bookie or punter stand to lose on a bet. Wherever there is a loser, the bet stops.

Index Form of betting were the amount wagered is multiplied by the number of points a team or competitor wins or loses by. In The Money A horse that finishes first, second or third.

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