Horse racing betting: keys to use
However, there are thousands of opportunities to bet on, horse racing attracts gamesters as the most elegant discipline. This sport may give you all the emotions and incomes you want to have. Let’s puzzle out what to pay attention to before trying hands in.
Horse racing betting: everything about odds
Odds in betting determine how much a gamester will win on placed prediction. In any other sport odds are usually in decimal form, but in horse racing they are defined in fractional form, such as 5/2, 7/2 and 2/1. In this way, the dividend shows what a gamester can earn for the stake, while the divisor shows the amount to wager.
For instance, the most popular ones to get acquainted with are:
- Momio or odds 5/2;
Here you can win 5 extras for every two bets placed, plus your balance. In other words, if you put 10 dollars, you would get 50 dollars plus the 10 dollars placed bankroll, for a total of 70 dollars.
- odds 7/2;
You may earn 7 extras for every two you bet. If you put 20 dollars, you’ll get 140 dollars winnings plus the sum of your stake (20 dollars).
- odds 2/1;
It’s about low coefficients, as you only get 2 dollars for every one you bet. If you place 10 dollars, you will get 20 dollars if you win, plus your 10 dollars stake.
Actually, the higher the winnings, the less chance you have of success. So think thoroughly before opting for some bookmaker’s offer.
What to bet in horse racing?
Indeed, there are two general groups of bets to mention: straight and exotic ones.
Straight stakes focus on a single runner, either a horse, while exotic offers cover more than two runners per stake.
For instance, these options may be applied for any competitions:
- Straight bets
The most basic one is the offer on the winner or first place, where gamesters are supposed to guess which runner will be the first.
- Then there is the ‘place’ bet. Here you win if the horse comes in both first and second place.
- The last “Show” is for third place. If the horse comes in the first three positions, you win.
- Exotics offers
Trifecta: it consists of selecting three runners, if they are in the first three places in the order you predicted them to be, the victory is obtained.
- Exact: Here you choose the two runners who will finish in the first two positions in the exact order.
- Superfecta: Opt for the four riders who will be in the first four positions. You will earn if they finish in the exact order you forecasted.
- Pick Four: This is a tricky one, as you will have to pick the runner who will be victorious in four races in a row at the same course.
- Pool: Predict the two runners who will be in the top two places in the race. The order does not matter for winning as long as they finish first and second.
- Daily Double: Similar to Pick Four, but here you only have to select two runners in two consecutive races.
- Pick Six: An offer in which you must choose the winning runner in six consecutive races. Here the rules for making a profit bet vary according to each bookmaker.
- Pick Three: Here you bet on the winner of three consecutive races.
- Pick Nine: Here you must pick the winner of nine races in a row. There may be consolation prizes for those who manage to get a certain number of correct guesses.
- Parlay: It’s about stakes on which a runner gets victory in three different races. Here you are free to forecast whether the runner comes first, second or third.
Mind the horse racing track conditions
Some horses perform better on certain tracks than others. For this reason, you should know what the race track will be like beforehand in order to choose the right runner.
On dirt tracks such conditions can be found:
- Wet Fast (WF): This is the state of the track just after a storm or heavy rain. The ground is still solid despite the water, so the horses can run normally and sometimes even faster.
- Sloppy (SY): The track is full of water, but the surface starts to absorb a lot of water. Some runners may be affected.
- Slow (SL): When the track is starting to dry out, the surface is often soft even though it appears to be dry. Therefore, runners take precautions and slow down to avoid causing an accident.
- Muddy (MY): The whole track is muddy, so the race is slower and horses in poorer condition can be left behind considerably.
- Heavy (HY): Similar to the previous one, but with harder mud.
- Good (GD): A good course condition. The ground is dry and rises easily as runners pass.
- Fast (FT): The track is in its best condition, so horses can achieve their best times.
- Frozen (FZ): This type of track appears when it snows or there are low temperatures. The sun is not able to melt the ice crystals on the ground, so it can be a bit slippery.
Conditions on grassy slopes are quite different:
- Soft (SF): This track condition occurs after prolonged days of rain. In horse racing, hooves sink in easily, so times are reduced considerably.
- Yielding (YL): Another type of track caused by some rain. With slow running times.
- Firm (FM): On this track we have the best conditions for the horses to give their best times.
- Hard (HD): This track is regularly seen in summer during the hottest days. The surface is quite hard, which can hurt the horses, decreasing their performance considerably.
- Good (GD): This type of track is one scale below Firm, so times can be regular.
To sum up: what is the key to success in horse racing betting?
There is no key, just knowledge, practice and fortune. Don’t waste the time and start trying even today. Just start betting today!