When betting on horse racing, your main goal is to win against the odd makers or odds compilers.
If you want to try horse racing betting, your main goal is to win against the odd makers or odds compilers. And of course, winning money. So you can be sure to have fun during horse racing betting, trying to bet on an event that you prefer the most. That way you don’t feel bothered by the results of the bet.
Horse Racing Introduction to Betting
You can place your bets through Sportsbooks in the United States or bookmakers in the United Kingdom. Placing a bet is as easy as going to the sports book or registering on the website. Sports betting is accepted via the sports book. In the meantime, the person who sets the betting odds is the odds maker.
Once you have decided where you will place your bet, you can now make your selection. You need to choose the type of bet you are making and the amount at stake. It would be advisable to check the odds available before making your selection. This will be very helpful in making a good decision.
The type of bet you can usually make depends on the sports book. Some can give you certain varieties or combinations that may not be available in other sports books.
Of all these types of bets, the straight bet is the most common, mainly because it is also the easiest. If the horse you chose is the first one to cross the finish line, then you can collect your money. The place bet is pretty similar to the straight bet, except that your horse can be either first or second in the race. The show bet is also related, but you can only collect if the horse you choose should end first, second, or third.
Online Betting Guide for Beginners
For the combination bet, you can select two to four horses that you want to win in a specific order. This is similar to the Pick 3 bet, where you select the winners for three consecutive events. Pick 6 is the same as Pick 3.
Some of the horse bets that are available in the UK are Perfecta, Quiniela and Trifecta. Quiniela is just like place bet. In Perfecta, Superfecta and Trifecta, your selected horses must end in the exact order as in the race. For jackpot betting, choose six winners who will share the jackpot prize. The parlay bet includes multiple bets. On the other hand, as the name suggests, the future bet is a horse race that bets on events that are not yet taking place. Such bets are usually made before the start of the season. Exotic bets include bets on unusual events, which means that you can place bets on other sporting events. Prop bets include bets placed under conditions determined by the sports book.