Knowledge of the basics of horse racing betting is extremely important for you to turn into a smart horse racing bettor and win a lot of money. Description of horse racing betting basic rules and regulations in clear and simple terms will definitely help you to realize the whole racing scenario and reduce all risks while you place your hard earned dollars on a gamble! The most important aim of horse racing gambling is to beat the odds maker and make a profit.
The person responsible for setting the odds is called the “odds maker”. There are many ways in which to place a bet – physically at the race track, on the internet or through a betting sports book. The sports book accepts your bet and also offers you many advantages, campaigns and services which can make your betting fun and thrilling. It is usually best to examine the odds thoroughly before placing a bet.
The various kinds of bets placed are: “Straight bet/Single/Win Bet” which is common and which allows one to collect cash only if the horse chosen has come first, or second etc. “Show bets” will allow one to collect prize money if the horse has come third and a Combination Bet” covers two to four horses that one has chosen to win in a particular order. Apart from these common gamble, you will find other thrilling ones like Exotic Gamble, Future Bets, Daily Double Bets, Jackpot Bets, Trifecta/Superfecta Bets etc. Betting guides give all the details of these bets.
Learn to bet rationally with your head and not your heart – this is a trick that will help outsmart all other bettors at the racetrack who tend to let their feelings and emotions run away with them! You can minimize all risks should you learn to stick to gamble that are less aggressive. All types of gamble – if managed properly – can be great fun. Study the actual day’s racing information given on the program before making a choice/selection and rushing to place a bet. Smart and good handicappers train themselves to pick selections that always win and pay extremely well being at high odds.
Online betting is a very convenient way of gambling all over the world. Detailed articles and information that includes the horse’s history, training, performances and form may also be available on the internet. Another thing to consider before placing your gamble is to figure out and examine the actual fitness and form of the horse along with the dates of previous/last races run, and so on.
Clues can be got about the horse’s fitness level from information like whether the horse has run in a race recently or quite a long time in the past, and so on. If the horse proves to compete favorably against the competitors in a race that means it has the ability to be moved up in a “class” of tougher competition.
Basics of horse racing betting techniques and tips also include knowledge whether the horse is a front runner, pace setter, closer. Stalker or rally type etc. Front runners will always try for the lead and also have great chances of winning. There are many ways to determine if a horse can excel in certain distances. Running styles, breeding, training techniques etc along with the horse’s past experiences and runs need to be examined before gambling on a particular horse.