Understanding How to Bet Horses
With more than two dozen racetracks and over 200 horse races each day, online horse race betting is a fast-paced action-packed way to enjoy horse racing from the comfort of your home or office.
With thoroughbreds, harness, and quarter horse racing from the U.S. and horse race betting available from South Africa, Japan, Australia, Ireland, and beyond, horseplayers can get action and pad their bankroll morning, noon, and night.
Advantages of Gambling on the Internet
Convenience: Playing online means no fighting traffic, parking, admission, and seating charges, or paying for programs.
Player Rewards: Online players generally are offered better player rewards, including free past performances, deposit bonuses, and more importantly rebates.
Action: Standing in a betting line at the racetrack and then being shut out is not much fun. Playing at home means it is much easier to place your bets, watch the races, and wager on more races and tracks.
Technology: The internet has made it much easier to get up to date information on jockeys, trainers, and horses, and video streaming and satellite television have brought the racetrack experience right into your living room.
Wide Variety of Racebooks: Online racebooks offer a wide variety of racetracks, pay full track odds, offers generous sign-up bonuses, and rebates on total handle.
Most horseplayers will tell you that making bets on your computer at home is more efficient, with less distractions than heading out to the racetrack, and with player incentives like rebates, which are not offered at the racetrack, playing at home is better for the bottom line as well.
Tips and Strategies for Wagering on Horse Races
With so many tracks and races, and dozens of different types of wagers available, it is important to map out a plan when you are going to play the ponies online. One of the most important horse race betting tips to remember is to have discipline and look for value. With so many races, do not be afraid to skip a race if the horse you think is most likely to win is not offering what you feel is good betting value. For instance, if you think a horse should be 4/1 and the toteboard says 2/1, skip the race or look for value in the other betting pools.
Make sure you know the racing circuits you are betting on. Get to know the top trainers and jockeys, and what their tendencies are. There is plenty of data available that will give you pertinent information, like what a trainer’s win percentage is with first-time starters, horses coming back off layoffs, or with betting favorites.
Types of Horse Racing Bets
There is a wide variety of horse racing bets available online. The simplest is the traditional win, place, and show bets. In recent years, the exotic wagering menu has expanded to Exacta and Superfecta bets to Daily Double and Pick 3 wagers.
With so many different horse racing types of bets, we put together a list for you. You will find a brief summary along with an in-depth look explaining and providing examples of how each type of bet works.