A Beginner’s Guide to Online Betting on Horse Racing

It takes time to get used to the art of betting on horses. Before discussing betting, let’s try to understand some basic jargons that go around the race course. Wagers are of two types namely, straight and exotic. The former is nothing but betting on a horse to come first while the latter lets you place multiple bets on different horses. Not to mention, exotic wagers are more expensive and requires a high level of understanding about horse picking. That being said, the payoffs are way more than straight wagers.

Straight Wagers Jargons

Win: You are betting on a particular horse to win the race.

Place: In this bet, you are betting on the fact that the horse chosen by you will either finish first or second.

Show: It means the horse you have selected might end up in the first, second or third position.

Across Board: This means that you are betting on all the three options stated above. This isn’t a good bet for a beginner and it is advised that you refrain from it.

Win/Place, Place/Show: As the name suggests, you can make multiple wagers in one bet.

Exotic Wagers Jargons

Exacta: This is the bet where you can bet on two horses to some first and second simultaneously.

Quinella: In this bet, you are predicting about any two horses, which can either come first or second in no particular order.

Trifecta: In this bet, you are betting on any three horses to come first, second or third in a particular order.

Superfecta: You are betting on four horses, which are likely to finish first, second, third and fourth in a particular sequence.

Know Your Teller

There are two types of teller- human teller and automatic teller. Often, you will find big lines in the automatic teller section. The human teller operates with greater speed and accuracy. It is advised that as a beginner you choose the human teller. So, what do you need to do next? It’s pretty simple; as you go near the counter, do not forget to mention these four details:

  • The race number and the track on which it is going to happen
  • Your bet amount
  • The type of bet you are going ahead with
  • Program number of the horse.

Online Betting

While there are many theories of doing it, you should do the following to ensure that the odds are in your favour.

Study the Class Levels: There are essentially four classes of race-maiden races, claiming races, allowance races, and stakes races. The horses might move around the classes. Try to find the winning percentage of a horse in every class and then place your bet.

Study Past Performance: Study the performance of your favourite horse in different racetracks. If you find that a particular horse has performed well in a particular track, place your bet accordingly. It is unwise to take chances if you are a beginner.

History with the Jockey: Specific jockeys tend to perform well with particular horses. Track the history of the jockeys to increase your chances of winning. Bet on the jockey who has done well with a particular horse. Make sure that you study the performance of a jockey before placing your bet.

Consider the Odds: The favourite horse will have the lowest odds. It is strictly advised that you do not place your bet based on past performance of a horse. The statistics are as mentioned below.

  • Betting on the favourite gives you 33% probability to win
  • Betting on the favourite place gives you 53% probability to win
  • Betting on the favourite show gives you 67% probability to win

A Betting Guide to Baseball

Longtime sports bettors have said that baseball sport is the simplest and easiest of the main sports event to earn profits, but it is also one of the least gambled on sports. One reason why sports gamblers do not wager on baseball is because of the fact that they don’t know how. Baseball betting to them is quite foreign, but it’s actually easy. The first thing that bettors need to learn is how the money line really works. It is used for numerous sports events where the point spread becomes unrelated like tennis, boxing and baseball. The variation between money line peculiars on the underdog and favorite will increase normally as the likelihood of the favorite winning increases.

Professional gamblers and smart betters rarely give chances greater than -140 when betting on this kind of sport and always find a reason to bet the underdogs. This is because bettors can win less than half of their bets and move forward in the long run. The term run lime is significantly a blend of the point spread and the money line rolls into 1. Bettors don’t need to worry as it isn’t confusing as it sounds. It makes use of a stable spread of 1.5 runs. On rare events, bettors may see the spread jump to 2.5 runs. The favored team on the money line is also the same with the run line.

If you are completely new to unders/overs, more typically referred to as totals, you need to learn it here. Just like any sport totals, baseball totals have similar basis. If a person is betting, the total number of runs or points is either under or over the bookmaker’s foreseen total. Bettors in many cases need to risk more than the standard -110 used in basketball and in football totals when placing a baseball bet. On the contrary, there will be instances where bettors receive favorable chances like as +120 when they place a toil bet in baseball.

Just keep in mind that the favorite is at all times represented by a minus and the underdog is always a plus. Therefore, baseball betting line is not created equal. You don’t need to do what other bettors say that where your bet should be placed on does not really matter. It is indeed matters. Understanding the betting process on baseball is important in order for you to keep in charge of your stake.