Horse Racing Sure Bets
Posted : admin On 4/15/2022- Horse Racing Sure Bets Betting
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- Horse Racing Sure Bets
Most UK horse racing betting sites offer Irish and UK horse racing betting and cover most major international events such as the Breeders’ Cup in America and the Melbourne Cup in Australia but if you have an interest in horse racing from other countries make sure to check if your betting site cover those races.
Total pool: $900 Amount bet on horse No. 1: $300 Take amount: 15 percent $900 minus 15 percent equals $765 $765 minus $300 equals $465 $465 divided by $300 equals $1.55 Round this amount off to $1.50 for breakage and you get odds of 1.5-1 or 3-2, as it would normally be written, which yields a payoff of $5 on a wager of $2. Betting 101 Articles for Horse Racing Betting Distances. Tips and Trends for Handicapping Marathons - Dec. 12, 2018; When to Bet Sprinters Stretching Out in Distance - Jun. 25, 2018; Betting Pace. What Happens When No One is Fast Enough to Win - Apr. 13, 2020; How Pace Makes the Race, Part 2 - Dec. 26, 2017; How Pace Makes the Race, Part 1.
Key horse – A single horse used in multiple combinations in an exotic bet. On the board – Finishing among the first three. On the nose – Betting a horse to win only. Overlay – A horse whose odds are greater than its potential to win. Professional bettors target overlays, meaning they target bets that offer better than fair value odds. However, in horse racing, you can place a Pick 3 parlay bet that counts as one bet. You don’t technically have to construct it yourself, as you do when you’re betting on conventional sports. For example, if the track you are betting at begins Pick 3 bets at $1, you can bet on the winner of all three races, but you only have to wager $1.
Betting on a horse race for the first time — even the first few times — can be an intimidating endeavor. What are all of these options? Here’s all the lingo you need to know before you place your first bet:
The Basics
Winbet – A bet on a horse to finish first.
Place bet – A bet on a horse to finish first or second.
Show bet – A bet on a horse to finish in the money; third or better.
In the money – A horse that finishes first, second, or third.
Horse Racing Sure Bets Betting
Across the board – A bet on a horse to win, place, and show. If the horse wins, the bettor collects three ways; if second, two ways (place, show); and if third, one way, losing the win and place bets. It’s actually three bets.
Morning line – The odds that the track handicapper predicts a horse will go off at.
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Exotic (bet) – Any bet other than win, place, or show that requires multiple combinations. Examples of exotic wagers are exacta, trifecta, Pick 6, Pick 4.
Daily Double (or Double) – Type of bet calling for the selection of winners of two consecutive races.
Exacta – A wager in which the first two finishers in a race, in exact order of finish, must be picked.
Box – A betting term denoting a combination bet whereby all possible numeric combinations are covered for certain horses.
Exacta box – A wager in which all possible combinations using a given number of horses are selected. For example, an exacta box using horses 2,4,6 would produce a winning ticket if any two of those three horses finished first and second, regardless of the order (2-6, 4-2, 6-4, etc.).
Trifecta – A bet in which the first three finishers must be selected in exact order.
Trifecta box – A trifecta wager in which all possible combinations using a given number of horses are bet upon.
Pick (6 or other number) – A type of multi-race bet in which the winners of all the included races must be selected. Pick 3, Pick 4, Pick 5, Pick 6 are commonly used by tracks in the United States.
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Bounce – A racehorse’s especially poor performance on the heels of an especially good one.
Chalk – Betting favorite in a race.
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Chalk player – Gambler who wagers on favorites.
Key horse – A single horse used in multiple combinations in an exotic bet.
Horse Racing Sure Bets Bet
On the board – Finishing among the first three.
On the nose – Betting a horse to win only.
Overlay – A horse whose odds are greater than its potential to win. Professional bettors target overlays, meaning they target bets that offer better than fair value odds.
Horse Racing Sure Bets Odds
Underlay – A horse whose odds are less than than his potential to win. Betting horses whose odds are worse than fair value is a poor strategy.
Parlay – A multi-race bet in which all winnings are subsequently wagered on a succeeding race.
Speed Figure – A metric that rates a horse’s performance in a race, which is determined by a combination of the horse’s performance and the level of competition he/she competed against.
Horse Racing Sure Bets
Wheel – Betting all possible combinations in an exotic wager using at least one horse as the key.