Horse Racing Betting for Beginners
If you’ve always wondered about horse racing betting, but have never tried it, then this could be the article for you. I’m going to take you through the jargon of horseracing to simplify matters and get you on your way to laying a winning bet. There is nothing so thrilling as having backed the winning horse for a healthy profit.
With online betting becoming a more popular way to place bets, you will not have to consider going to the local bookmakers if you prefer not to. Online betting is quick and easy to do. OK, let’s get started in increasing your knowledge so that you can begin your journey to being the backer of a winning horse.
Betting on a show – this is a bet that would be laid for a horse to finish within the top three places of a race. An advantage of this type of bet is the ability to bet on three horses in a race, if all three horse win, then you will receive 3 payouts no matter what order they finish in.
Betting on a place – this is similar to a show, except that it is betting for a horse to finish either either 1st or 2nd. You will receive two payouts if the two horses that you select come in to the top 2 spots.
Betting on a winner – this is the most simple of bets to place, but it has one of the highest risks associated with it. It is hard to guess which one will win.
The ‘fecta’s – these are comprised of the trifecta and the superfecta. They are both about predicting the finishing order of horses. The trifecta is about the first, second and third positions and the superfecta runs from first to fourth.
Betting both ways – this is betting that a particular horse will win a race, but at the same time betting that it will be within the top 3 places. This means that if your horse does win, then you will be paid twice, as it will have won a place and will be the winner.
Experienced punters use many different betting methods and techniques. Every race or festival even has it’s own specials.
If you are serious about placing a bet for a winner, there are some simple guidelines to take into account. It is essential to check the race card. The race card provides information as to how well the horse has performed previously, it’s age and the weight it will be carrying in the form of the jockey. The best way to use the race card is to match the horse to the track. Each track is different and it will also have differences in the condition of the soil.
Finally, always keep in mind that you should set a budget. Don’t use it all on the first race, be sure to divide it up so that you can last longer for your money. Stick to the budget and learn as you go. Horse racing betting is about having fun as well as making money.