It may be frightening to start doing something, but if we are talking about gambling, there is no need to get preoccupied. Of course, as everywhere you will win and lose, but how to minimize the risk of failure? Let’s study the basics to get rid of losing.
The common types of bets on horse racing
Any gamester has to choose the stake before gambling, right? Here you can get acquainted with the most popular ones.
Straight offers (on the winner or ‘each-way’).
The ordinary and well-known stake in horse racing is the “winner” bet. Many experienced gamesters argue that this is the only possible way to make a profit, but each-way ones can also help.
Each-way stakes give you a certain return in case your chosen participant finishes second or third in races with 8 or more starters. In handicap races with 16 or more animals to take part, bookmakers pay up to fourth place. In very specific races, you can also find improved odds and payouts up to fifth place. Therefore the winnings will be calculated on the basis of one fifth of the odds on races without handicap and one fourth on the rest.
It’s quite a risky type of bet, but by selecting this way of
leading a game, you may earn a significant (really big) bankroll. The multiple or combined stakes may include both a double and an accumulated bet with 7 or 8 horses participating.
There is a wide range of possibilities in the special offers that will allow you to combine several horses in doubles, trebles and other combinations.
One more thing to know to bet correctly
Also it’s better not to forget about such crucial things as:
the exchange possibility;
The growth in popularity of exchange gambling means that gamesters are free to
profit from losers. In effect, the gamester acts as a bookmaker, throwing animals you don’t think can win. You should always have enough funds in your client account to cover losses. This is a very specialized field and you should not jump into exchange betting until you are fully aware of the risks involved.
the importance of odds.
Winning odds in horse racing are returned as starting prices. You can return your horse at pre-race odds with the intention of getting a better price. Most bookmakers offer better guaranteed odds so, in the event that the starting price is better than the current one, they will still pay a higher odds. This does not hold true for ante-post gambling where you are risking your stake in the event that the horse does not run. This will be the case unless the race is marked “non runner – no bet” at the time you place your stake.
So is horse racing betting worth trying?
Of course, it is. Get well-prepared before gambling, study, and broaden your horizons and
you’ll have good luck.