The idea for being at the races, yes horse races can be many. For some its sheer entertainment meeting people a way to socialize while for some there is something more. A chance to make some decent money or even a fortune. Oh yes, fortunes are made at the races people have become millionaire betting at races.
Betting at horse racing goes back as early as the history of the sport. In those days, it was an informal practice where people cheered and betted on their favorite racing horse. The money involved was meager and the idea was entertainment than to make money. As the sport evolved in the last two hundred years, it has taken become huge public entertainment business involving complex monitoring systems and equipment.
Betting to make money at the grandstands is no kid’s play. There are certain rules, principles to be kept in mind for beginners, veteran or a just a really rich person who is bored hanging out on private islands. The betting tips for a novice or veteran may go hand in hand but an experienced bettor will also use his knowledge, information on horses, racetrack and other factors before placing a bet on horse races. For a beginner at the races, the Grandstand - the place where everybody hangs out and gambles –here are a few basic betting primers things to know to star tapping the bankroll and make some bucks.
Since the beginning of the era of betting on horse racing, the most common increment on betting has been 2USD. If betting is done on the favorite horse every time, there is a good chance of 33% gains which is not bad odds! Betting happens in a pari-mutuel environment in which all bets of one type are placed in one pool; winnings come out of that pool! It’s unlike poker or blackjack where betting happens against the house, here you’re up against other bettors.
For a novice, normal or straight bets come in three forms:
Win – the betting is done on the horse to cross the finish line first
Place – the betting is done on the horse to either be first or second
Show – the betting is done on a horse to be first, second or third
Below are some horse racing betting tips to be kept in mind by all, betting to be done not from the heart but from the head. If ignored can lead to the losing end.
Bet on horses that have been winners in the past, always have good chances of winning.
It is a good practice to look for value odds, as much as likely winners. In the quest a player can learn to spot them fairly quickly.
Another good practice is to look for a horse that has a good chance of winning and is not overly backed which is usually a good value bet in the long run. Horses that are backed heavily by touting services and computer handicappers may win often, but are usually poor value bets
When the track is slow or heavy, it is advisable to give preference to early starters. Slow, muddy or heavy track conditions usually favor horses which take an early lead. Another tip which can be used while betting is a straight bet is simple, manageable and easy to win. It can be safe if all odds are accounted. It is good practice to avoid favorites and to be selective while betting. If the odds are high, it is good practice to bet on win and show. Why not preview betting at http://www.horseracegame.com/betting.php
Another very helpful tip while betting is to seek advice from bookmakers, sports book which have very good experience in determining the odds. The starting prices of bookies are usually very good indicators of likelihood of first three places of horses. As a reason, punters sometimes put in lot of weight and money on a horse on the false horse which causes price for other horses to drift considerably later.
Betting at horse racing goes back as early as the history of the sport. In those days, it was an informal practice where people cheered and betted on their favorite racing horse. The money involved was meager and the idea was entertainment than to make money. As the sport evolved in the last two hundred years, it has taken become huge public entertainment business involving complex monitoring systems and equipment.
Betting to make money at the grandstands is no kid’s play. There are certain rules, principles to be kept in mind for beginners, veteran or a just a really rich person who is bored hanging out on private islands. The betting tips for a novice or veteran may go hand in hand but an experienced bettor will also use his knowledge, information on horses, racetrack and other factors before placing a bet on horse races. For a beginner at the races, the Grandstand - the place where everybody hangs out and gambles –here are a few basic betting primers things to know to star tapping the bankroll and make some bucks.
Since the beginning of the era of betting on horse racing, the most common increment on betting has been 2USD. If betting is done on the favorite horse every time, there is a good chance of 33% gains which is not bad odds! Betting happens in a pari-mutuel environment in which all bets of one type are placed in one pool; winnings come out of that pool! It’s unlike poker or blackjack where betting happens against the house, here you’re up against other bettors.
For a novice, normal or straight bets come in three forms:
Win – the betting is done on the horse to cross the finish line first
Place – the betting is done on the horse to either be first or second
Show – the betting is done on a horse to be first, second or third
Below are some horse racing betting tips to be kept in mind by all, betting to be done not from the heart but from the head. If ignored can lead to the losing end.
Bet on horses that have been winners in the past, always have good chances of winning.
It is a good practice to look for value odds, as much as likely winners. In the quest a player can learn to spot them fairly quickly.
Another good practice is to look for a horse that has a good chance of winning and is not overly backed which is usually a good value bet in the long run. Horses that are backed heavily by touting services and computer handicappers may win often, but are usually poor value bets
When the track is slow or heavy, it is advisable to give preference to early starters. Slow, muddy or heavy track conditions usually favor horses which take an early lead. Another tip which can be used while betting is a straight bet is simple, manageable and easy to win. It can be safe if all odds are accounted. It is good practice to avoid favorites and to be selective while betting. If the odds are high, it is good practice to bet on win and show. Why not preview betting at http://www.horseracegame.com/betting.php
Another very helpful tip while betting is to seek advice from bookmakers, sports book which have very good experience in determining the odds. The starting prices of bookies are usually very good indicators of likelihood of first three places of horses. As a reason, punters sometimes put in lot of weight and money on a horse on the false horse which causes price for other horses to drift considerably later.
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