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Horse race betting for dummies eurovision betting preview

Horse race betting for dummies

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Rewind a few thousand years to the future and horse racing is a crucial part of the Ancient Greek Olympics. Actually, Roman chariot rider Gaius Appuleius Diocles is thought to be the highest-paid athlete in history. Even in modern times, horse racing is a pretty lucrative sport, with some racehorses costing tens of millions of dollars. All this money talk has probably made you crave for it. There are literally tens of thousands of horse racing events around the world every year.

And each of them has dozens of races. With a simple calculation, you get to realize that at almost any moment, you can find an event where to bet on. With the rise of online gambling, that number is expected to grow even higher. Another reason to give it a try is convenience. Thanks to the internet, you no longer have to go to a racetrack to place a bet. You can do it via your computer or smartphone. There are many different types of bets you can wager your money on in horse racing, the simplest being the winner.

Basically, you just put your money on a horse and if it finishes the race first, you get the money. On the contrary! Some of those are not only really entertaining but can also result in big wins. If the horse you bet on finishes on one of the top two spots, you win! Furthermore, customer service solutions are always available in the event that you have a question.

Another takeaway point involves the standings of the jockeys themselves. Did you know that the top 10 riders are normally associated with 90 percent of the victories? Thus, placing a longshot wager on a struggling rider is normally not the most prudent strategy if you are carefully monitoring your bankroll.

In terms of favored horses, it is also interesting to note that their chances of winning are not nearly as high as the jockeys themselves. Statistics have shown that even the most famous horses only tend to win about one-third of the time. On a final note, prudence is always critical when approaching horse races. Notions such as "letting it ride" may appear to be exciting, but they can often result in profound losses. Never wager any funds that you cannot afford to lose. This is just as true within the digital domain as it is when attending a live racing event.

Please do not hesitate to bookmark this article for future reference, as knowing the fundamentals is the best way to develop a sure-fire betting strategy. Betting on a Mild Upset in Withers Stakes. Get to Know All 13 U. Triple Crown Winners. Stay up-to-date with the best from America's Best Racing! Eclipse Sportswire. Some examples are found immediately below: The name of the racing venue.

The number of the specific race. The amount you wish to wager in respective currency denominations.

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Added to Your Shopping Cart. This is a dummy description. How to enjoy a day at the races-and bet to win! The last two years have seen a record number of Americans tune in for climatic Triple Crown races featuring Smarty Jones and Funny Cide; in , television viewership jumped a whopping 61 percent over the record set in , and the Belmont Stakes race itself drew a record crowd of more than ,!

This easy-to-understand guide shows first-time visitors to the track how to enjoy the sport of horse racing-and make smart bets. It explains: what goes on at the track what to look for in horses and jockeys how to read a racing form and do simple handicapping how to manage betting funds and make wagers that stand a good chance of paying off.

Complete with coverage of off-track and online betting, it's just what anyone needs to play the ponies-and win! Table of contents Introduction. Horse Racing and the Betting Scene. Chapter 1: Playing the Ponies for Pleasure and Profit. Chapter 3: Getting a Handle on Parimutuel Wagering.

Chapter 4: The Skinny on Betting. Chapter 5: Visiting the Racetrack. Chapter 8: Calling the Shots: Trainers and Owners. Chapter 9: Knowing the Track Surface and Conditions. Chapter Zoning In on Equipment Changes.

Chapter Trying Your Hand at Handicapping. Contrasting the different kinds of horse racing. Getting a grip on handicapping. Introducing yourself to the world of parimutuel wagering. Exploring the basics of successful betting. Finding out where to bet. Testing your knowledge: A horse racing quiz. Nearly 40 states in the United States conduct some sort of live horse racing. It has been a legal form of gambling a lot longer than casino gambling. In fact, back in the s, horse racing was right up there with baseball and football among the leading U.

Horse racing has slipped in popularity. But since the mid—s, the game has been making a steady comeback. Both lost the Belmont Stakes to narrowly miss a Triple Crown, but record television ratings were set, and crowds of more than , people came out to see them try to make history. I try to give you answers about horse racing before you even ask the questions.

I focus a lot on betting, but I still take the time to explain the nuances that makes horse racing such a uniquely great game. Horses have always been a part of American culture. In early times, the animal was used in farming and transportation — so much so that when the automobile was invented, carmakers used the term horsepower to define how powerful the car engine was.

It was a term that people could easily understand. Three types of horse racing have evolved in the United States, each of which has its own peculiarities that attract a loyal following:. Standardbred or harness racing: In this form of racing, a driver sits behind the horse in a small cart called a sulky instead of riding atop the horse like a jockey.

Chapter 19 is devoted to harness racing information and handicapping tips. Quarter Horse racing: These horses are bred for break-neck speed, and the races rarely exceed yards. Head to Chapter 20 for the ins and outs of this exciting form of racing. All races are run at a racetrack that holds licensed race meets. Each state has a racing commission that ensures that all the rules of racing are being followed.

Due to the fact that people are betting on the outcome of horse races, the racing commissions place utmost importance on protecting and policing the integrity of the sport. In any gambling game, having lady luck on your side is always better. But when it comes to handicapping, brains and intellect win out much more often than luck.

Handicapping is the art and science of picking winners. You can do it several ways, though I prefer to stay away from using hat pins, coins, darts, and rabbit feet to pick my horses. Most have studied the races the night before, marking their notes in the newspaper. Instead, I go through and eliminate the losers. The losers are those horses I think are too slow or overmatched to win that day.

Getting the losers out of the way creates a smaller pool from which to pick winners, making your job a lot easier. Each label is self-explanatory. Speedballs prefer to take the early lead. Pace horses stalk the early pace. Their past performances show more 3s and 4s, indicating their running position. I like to look for the race shape, which is how I project the race will be run.

For example, if multiple speedball horses are racing, the early pace will be fast, and a speed duel will hurt their chances of winning. Conversely, if only one speed horse is racing, I call this the best bet in horse racing — lone speed.

I take into account the overall class of each horse. The classier horses win races when facing lesser rivals. For example, cheap claiming horses exhibit less class than allowance or stakes horses. I cover the class and classification of horse races in Chapter 2. Winning a horse race is never a one man show. See Chapters 7 and 8 for more. Publications like the Daily Racing Form and the racetrack program print statistics that are paramount to your handicapping.

Both publish statistics on the jockeys and trainers. Equipment changes are also duly noted, such as whether the horse has blinkers on or off, is using Lasix medication, is wearing front bandages, and so on. At minimum, the change is a signal that the trainer is trying something different to win a race.

Chapter 10 is all about equipment changes. In addition, the program and Daily Racing Form list the track condition such as fast, good, muddy, and sloppy for the main track and firm, good, soft, and yielding for the turf course from race to race so you can see whether a horse runs its best effort on a certain type of dirt or turf surface.

See Chapter 9 for more on track surfaces and conditions. Parimutuel wagering is the accepted betting system in the United States. The French invented it, and the word parimutuel means betting amongst ourselves. In parimutuel wagering, the money wagered goes into a common pool.

After deductions are taken out to cover racing expenses and taxes to the state, the remaining money gets paid out to the winners. The win odds on each horse, which reflect the probable win payoff, are determined by the betting public.

The more money bet on a horse, the lower its odds. Horses called long shots have higher odds because very little money has been bet on them to win. A tote board on the infield and displayed on television monitors all around the racetrack relays the odds and potential payoffs for parimutuel wagers. In horse racing, betting overlays is the key to success. Overlays are horses going off at odds higher than their real chances of winning the race. For example, professional horseplayers put their own morning line on each race to determine overlays.

A simple way to find overlays is to trust the oddsmaker at major racetracks. Then bet on horses that are going off at odds much higher than their morning line. Although you can make all kinds of wagers, newcomers should focus on straight bets, meaning to win, place, and show. You collect on a win bet when your horse finishes first, on a place bet if it runs first or second, and on a show bet when your horse ends up first, second, or third.

The concept is a simple one to grasp. Bet one horse to do one good thing for you to win money. In betting, you can use multiple horses, giving yourself a chance to cash a sizeable ticket and still keeping your investment small. Exotic wagers see Chapter 15 give you a chance to win a sizeable amount of money with a small investment.

With a small bankroll, the main exotic plays are the quinella, exacta, and daily double. The last two plays produce high rewards but are also very high risk wagers. But because you beat both race favorites, the daily double payoff is overlaid.

The ultimate wager in going for the score is the pick 6. My recommendation is to bet the pick 4. That price is much more affordable than the pick 6. Beat a couple race favorites in the pick 4, and you could take home a nice windfall for the night. Planning your wagers and managing your bankroll with discipline are vital contributors to winning at the horse races — so much so that Chapter 13 no pun intended is devoted to that topic.

No ATM withdrawals allowed! If you tap out, no chasing good money after bad. I like to plan my overall day of gambling so I have some idea how many races interest me. For example, if I really like three horses to win, I must discipline myself to use a percentage of my bankroll on those three horses and races first.

I still have enough flexibility to make a small unplanned action bet or two. If I win one of three, I have a chance to break even. If I win two of three, I make money for the day. If I win all three prime bets, consider it a lady luck afternoon. I also have flexibility if any of my action bets win. This is just one example. I want you to understand the principle that some of the profits should be reinvested into your prime plays, which are your strongest plays, and not just frittered away on unplanned action bets.

Chasing your losses can turn a bad betting day into a horrendous day. For the longest time, the racetrack was the only place to go for betting on the horses. Now you have hundreds of places to bet horse races, including out of your own home. I give you an idea of how much everything costs, where to sit, where to eat, where to see the horses up close, and so on. OTBs off-track betting parlors are popular places to bet on horse racing.

The good ones offer a lot of amenities, such as fine dining, cushy chairs, plenty of work space, betting terminals at your seat, and so on. The search is powered by Mapquest, so you can request text directions or print out a map. If you need additional information, telephone the facility before going there. In Las Vegas, you can bet on the races in race books.

These are well-appointed rooms with plenty of seating, well-lit counter space, dozens of television sets, lots of ticket writers to handle your wagers, and something Las Vegas is very famous for — free drinks. Nearly every casino in town has a race book for the horses. The race book is right next door to the sports book 99 percent of the time. Yes, betting on sporting events is legal in the state of Nevada. Many race books offer contests and twin quinella wagers that can maximize your winning potential.

A list of the local contests is printed a couple times a week in the Daily Racing Form. I give you more Las Vegas horse betting information in Chapter Unfortunately, the two networks have racetrack exclusive contracts. So to see all the available race signals, you need to find a provider that carries both channels, whether you have a cable or a satellite system.

As far as betting, there are many providers of telephone wagering throughout the United States. You need to verify what companies you can legally sign up with in the state you reside. You can also set up betting accounts with Internet companies.

You can find a detailed list of bet providers in Chapter Here are ten questions about the sport from simple to not so simple. I gave the test to Mr. Ed, and he aced it. When the starter presses the button to begin a race, the stall doors spring open and the horses and riders come out. Is the starter turning on or turning off the electricity to open the stall doors? Who was the most famous Australian Thoroughbred racehorse of all time?

A Hollywood movie has even been made about him. If I bet a trifecta part-wheel, keying one horse to win and putting four other horses underneath, how much does the ticket cost? A horse is winning a race very easily. The jockey grabs the horse around the neck and hangs on. The horse lands on its stomach and slides across the finish line. Does he still win the race? The quarter-pole is literally a quarter of a mile from the finish line. Racetracks use a heavy duty automotive battery connected to the starting gate.

When the starter presses the button, he turns off the electricity, which has been keeping the stall doors shut. Phar Lap. He came to the United States to race and unfortunately died under mysterious circumstances.

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The information is sequenced to take you through the horse racing and handicapping process step-by-step. For the recreational handicappers, this book is an excellent reference tool. If you want to bone up on a topic or two, read over the Table of Contents and find the chapters that look interesting and helpful. Good help is often hard to find. Good luck betting on the horses!

H orse racing is unlike any other American spectator sport. In this part, I introduce the different types of horse racing and the inner workings of the horse races. Contrasting the different kinds of horse racing. Getting a grip on handicapping. Introducing yourself to the world of parimutuel wagering.

Exploring the basics of successful betting. Finding out where to bet. Testing your knowledge: A horse racing quiz. Nearly 40 states in the United States conduct some sort of live horse racing. It has been a legal form of gambling a lot longer than casino gambling. In fact, back in the s, horse racing was right up there with baseball and football among the leading U.

Horse racing has slipped in popularity. But since the mid—s, the game has been making a steady comeback. Both lost the Belmont Stakes to narrowly miss a Triple Crown, but record television ratings were set, and crowds of more than , people came out to see them try to make history. I try to give you answers about horse racing before you even ask the questions.

I focus a lot on betting, but I still take the time to explain the nuances that makes horse racing such a uniquely great game. Horses have always been a part of American culture. In early times, the animal was used in farming and transportation — so much so that when the automobile was invented, carmakers used the term horsepower to define how powerful the car engine was. It was a term that people could easily understand. Three types of horse racing have evolved in the United States, each of which has its own peculiarities that attract a loyal following:.

Standardbred or harness racing: In this form of racing, a driver sits behind the horse in a small cart called a sulky instead of riding atop the horse like a jockey. Chapter 19 is devoted to harness racing information and handicapping tips.

Quarter Horse racing: These horses are bred for break-neck speed, and the races rarely exceed yards. Head to Chapter 20 for the ins and outs of this exciting form of racing. All races are run at a racetrack that holds licensed race meets. Each state has a racing commission that ensures that all the rules of racing are being followed. Due to the fact that people are betting on the outcome of horse races, the racing commissions place utmost importance on protecting and policing the integrity of the sport.

In any gambling game, having lady luck on your side is always better. But when it comes to handicapping, brains and intellect win out much more often than luck. Handicapping is the art and science of picking winners. You can do it several ways, though I prefer to stay away from using hat pins, coins, darts, and rabbit feet to pick my horses.

Most have studied the races the night before, marking their notes in the newspaper. Instead, I go through and eliminate the losers. The losers are those horses I think are too slow or overmatched to win that day. Getting the losers out of the way creates a smaller pool from which to pick winners, making your job a lot easier. Each label is self-explanatory. Speedballs prefer to take the early lead. Pace horses stalk the early pace. Their past performances show more 3s and 4s, indicating their running position.

I like to look for the race shape, which is how I project the race will be run. For example, if multiple speedball horses are racing, the early pace will be fast, and a speed duel will hurt their chances of winning. Conversely, if only one speed horse is racing, I call this the best bet in horse racing — lone speed. I take into account the overall class of each horse. The classier horses win races when facing lesser rivals.

For example, cheap claiming horses exhibit less class than allowance or stakes horses. I cover the class and classification of horse races in Chapter 2. Winning a horse race is never a one man show. See Chapters 7 and 8 for more. Publications like the Daily Racing Form and the racetrack program print statistics that are paramount to your handicapping.

Both publish statistics on the jockeys and trainers. Equipment changes are also duly noted, such as whether the horse has blinkers on or off, is using Lasix medication, is wearing front bandages, and so on. At minimum, the change is a signal that the trainer is trying something different to win a race. Chapter 10 is all about equipment changes. In addition, the program and Daily Racing Form list the track condition such as fast, good, muddy, and sloppy for the main track and firm, good, soft, and yielding for the turf course from race to race so you can see whether a horse runs its best effort on a certain type of dirt or turf surface.

See Chapter 9 for more on track surfaces and conditions. Parimutuel wagering is the accepted betting system in the United States. The French invented it, and the word parimutuel means betting amongst ourselves. In parimutuel wagering, the money wagered goes into a common pool. After deductions are taken out to cover racing expenses and taxes to the state, the remaining money gets paid out to the winners.

The win odds on each horse, which reflect the probable win payoff, are determined by the betting public. The more money bet on a horse, the lower its odds. Horses called long shots have higher odds because very little money has been bet on them to win. A tote board on the infield and displayed on television monitors all around the racetrack relays the odds and potential payoffs for parimutuel wagers.

In horse racing, betting overlays is the key to success. Overlays are horses going off at odds higher than their real chances of winning the race. For example, professional horseplayers put their own morning line on each race to determine overlays. A simple way to find overlays is to trust the oddsmaker at major racetracks.

Then bet on horses that are going off at odds much higher than their morning line. Although you can make all kinds of wagers, newcomers should focus on straight bets, meaning to win, place, and show. You collect on a win bet when your horse finishes first, on a place bet if it runs first or second, and on a show bet when your horse ends up first, second, or third. The concept is a simple one to grasp.

Bet one horse to do one good thing for you to win money. In betting, you can use multiple horses, giving yourself a chance to cash a sizeable ticket and still keeping your investment small. Exotic wagers see Chapter 15 give you a chance to win a sizeable amount of money with a small investment. With a small bankroll, the main exotic plays are the quinella, exacta, and daily double.

The last two plays produce high rewards but are also very high risk wagers. But because you beat both race favorites, the daily double payoff is overlaid. The ultimate wager in going for the score is the pick 6. My recommendation is to bet the pick 4. That price is much more affordable than the pick 6. Beat a couple race favorites in the pick 4, and you could take home a nice windfall for the night. Planning your wagers and managing your bankroll with discipline are vital contributors to winning at the horse races — so much so that Chapter 13 no pun intended is devoted to that topic.

No ATM withdrawals allowed! If you tap out, no chasing good money after bad. I like to plan my overall day of gambling so I have some idea how many races interest me. For example, if I really like three horses to win, I must discipline myself to use a percentage of my bankroll on those three horses and races first.

I still have enough flexibility to make a small unplanned action bet or two. If I win one of three, I have a chance to break even. If I win two of three, I make money for the day. If I win all three prime bets, consider it a lady luck afternoon. I also have flexibility if any of my action bets win. This is just one example. I want you to understand the principle that some of the profits should be reinvested into your prime plays, which are your strongest plays, and not just frittered away on unplanned action bets.

Chasing your losses can turn a bad betting day into a horrendous day. For the longest time, the racetrack was the only place to go for betting on the horses. Now you have hundreds of places to bet horse races, including out of your own home.

I give you an idea of how much everything costs, where to sit, where to eat, where to see the horses up close, and so on. OTBs off-track betting parlors are popular places to bet on horse racing. The good ones offer a lot of amenities, such as fine dining, cushy chairs, plenty of work space, betting terminals at your seat, and so on. The search is powered by Mapquest, so you can request text directions or print out a map.

If you need additional information, telephone the facility before going there. In Las Vegas, you can bet on the races in race books. These are well-appointed rooms with plenty of seating, well-lit counter space, dozens of television sets, lots of ticket writers to handle your wagers, and something Las Vegas is very famous for — free drinks.

Nearly every casino in town has a race book for the horses. The race book is right next door to the sports book 99 percent of the time. Yes, betting on sporting events is legal in the state of Nevada. Many race books offer contests and twin quinella wagers that can maximize your winning potential.

A list of the local contests is printed a couple times a week in the Daily Racing Form. I give you more Las Vegas horse betting information in Chapter Unfortunately, the two networks have racetrack exclusive contracts. So to see all the available race signals, you need to find a provider that carries both channels, whether you have a cable or a satellite system.

As far as betting, there are many providers of telephone wagering throughout the United States. You need to verify what companies you can legally sign up with in the state you reside. You can also set up betting accounts with Internet companies. You can find a detailed list of bet providers in Chapter Here are ten questions about the sport from simple to not so simple.

I gave the test to Mr. Ed, and he aced it. When the starter presses the button to begin a race, the stall doors spring open and the horses and riders come out. Is the starter turning on or turning off the electricity to open the stall doors? Who was the most famous Australian Thoroughbred racehorse of all time?

A Hollywood movie has even been made about him. If I bet a trifecta part-wheel, keying one horse to win and putting four other horses underneath, how much does the ticket cost? A horse is winning a race very easily. The jockey grabs the horse around the neck and hangs on. Furthermore, customer service solutions are always available in the event that you have a question. Another takeaway point involves the standings of the jockeys themselves. Did you know that the top 10 riders are normally associated with 90 percent of the victories?

Thus, placing a longshot wager on a struggling rider is normally not the most prudent strategy if you are carefully monitoring your bankroll. In terms of favored horses, it is also interesting to note that their chances of winning are not nearly as high as the jockeys themselves.

Statistics have shown that even the most famous horses only tend to win about one-third of the time. On a final note, prudence is always critical when approaching horse races. Notions such as "letting it ride" may appear to be exciting, but they can often result in profound losses. Never wager any funds that you cannot afford to lose. This is just as true within the digital domain as it is when attending a live racing event.

Please do not hesitate to bookmark this article for future reference, as knowing the fundamentals is the best way to develop a sure-fire betting strategy. Betting on a Mild Upset in Withers Stakes. Get to Know All 13 U. Triple Crown Winners. Stay up-to-date with the best from America's Best Racing! Eclipse Sportswire. Some examples are found immediately below: The name of the racing venue.

The number of the specific race. The amount you wish to wager in respective currency denominations.

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The cashier confirms the bet and provides you with a printed receipt. Keep your receipt safe as you will need this to collect any returns from your bet. All Betting Shops have large TV screens showing the races and pay winnings once all jockeys have weighed-in. Betting Online is becoming increasingly more common. With rapid technological advancements, more bettors are using smartphones and tablets to place their bets.

Most bookmakers offer specialised mobile websites and slick, easy-to-use apps. Be sure to familiarise yourself with these websites and apps before placing your bet. Many bookmakers will offer a full results service and quick automatic bet settlement. Racecards give you the information that you need to make an informed decision when learning how to bet on horses. If you are at the racecourse, you will likely either be given a racecard upon entry or you can purchase one once inside.

Good quality racecourse racecards can be great souvenirs. Find yourselves in a Betting Shop and there will be printed racecards on the walls, live cards on TVs and several copies of the Racing Post to hand. Infact, horse betting online provides you with a much wider offering of information. First up pay close attention to race type, distance, class and going. Consider which runners these factors favour.

For example, form figures of would mean the horse finished 6 th on its most recent start and 1 st on its penultimate run. All horses are designated a weight to carry. The weight a horse carries varies depending on the race conditions. Handicap races see a wide range of weights whilst Pattern races will often have level-weights.

With a basic understanding on how to read a racecard you should proceed with leaning what bet types you can place. A win bet is when you only bet on which horse wins the race. Your selection must win in order to get a return. An Each-way bet is when half your stake is on the winner of the race and half is on whether your horse will place. The number of places paid for each-way bets changes depending on the number of the runners.

When deciding whether to bet win or each-way, you should consider the number of runners and the odds of your horses. Accumulators , also known as Accas and Multiples. A bet where your stake is placed on more than one horse with any winnings from the first winner rolling onto your next selection. Accumulators can be placed as either win or each-way bets. A Double is an accumulator of 2 selections, with a Treble being 3 selections. A fourfold features 4 horses and so forth. A Trixie consists of 4 bets involving 3 horses across 3 different races.

The bet consists 3 doubles and 1 treble. You require at least 2 successful selections in order to get a return as this bet does not contain any singles. A Patent is similar to a Trixie but includes singles. A Yankee consists of 11 bets involving 4 horses in different races. The bet includes 6 doubles, 4 trebles, and an accumulator.

A Lucky 15 consists of 15 bets involving 4 horses in different races. The bet includes 4 singles, 6 doubles, 4 trebles, and 1 four-fold. A Canadian bet consists of 26 bets involving 5 horses in different races. The bet includes 10 doubles, 10 trebles, 5 four-folds plus an accumulator.

A Straight Forecast involves 2 selections in 1 race finishing 1st and 2nd in the order specified. A Reverse Forecast involves 2 selections in 1 race finishing 1st and 2nd in either order. This represents 2 straight forecasts. Combination Forecasts involve 3 or more selections in a race, with any 2 to finish 1st and 2nd in any order.

Straight Tricasts involve 3 selections in a race finishing 1st, 2nd and 3rd in the order specified. Combination Tricasts involve 3 or more selections in a race finishing 1st, 2nd and 3rd in any order. Do not miss out on another winning tip again. It takes 10 seconds to register!! If the horse you bet on finishes on one of the top two spots, you win! If you get the exact order of the top two, you can expect big winnings coming your way. This is why many bettors use an alternative to the exacta bet called quinella.

An even more exciting version of this bet is superfecta, which involves guessing the top four horses in exact order. The more info you collect, the easier it is to predict the winning horse. The most important factor to take into consideration is the form of the horse. You got to take into account other factors, like the distance of the track, for example.

Some horses and jockeys make better results on larger tracks, others do better at shorter distances. One final horse betting advice we got for you is to mind the odds. Likewise, a horse with very long odds is very unlikely to do well in the race. At that point you got to do your best to find out what the reason is for the change.

Consult your friend Google, look for horse racing news , and check out the chat on betting forums. After all, there are plenty of other events you can bet on. Connect with us. Hi, what are you looking for? In this article:.