Horse Race Betting - What They Never Tell You
Thursday, March 15, 2012 4:00:26 PM
Horse Race Betting - Play the Percentages, Horse Racing Betting - Forget the Horse - Follow the Trainer, Horse Racing BettingIn horse race betting there are 3 ways in which to make selections. It is sad but true that some poor folks have even been lured into cashing out their homes and life savings only to play a sure fire system that they had thoroughly tested over months or even years only to see their dreams dissolve like the morning mist over a training track.
That brings me to this final bit of wisdom that I'd like to share with every horse player in the world, though some of you already know it. Almost anything will work some of the time, but nothing works all the time.
That means you need to pay attention and watch for changing trends and streaks because horse racing handicapping and betting is a constantly changing game.
If you are looking to make your first million then horse racing betting is probably not for you. The dirty little secret no one ever really talks about is just how much money is lost at the races every year. It's staggering and in some ways the industry thrives on you losing. Think about it. If they lose more than they win they simply won't be in business.
In any given race on any given day the odds are stacked against you at an unbelievable scale. Almost everything is against you. For this very reason only sophisticated punters ever manage to make a living from betting on horses.
It's definitely no easy way to make money and more than anything you need to do it for the love of racing more than anything else. The atmosphere, the smell, the crowd and all those elements that make racing great is what hooked me more than anything else.
But the difference here is that if the horse that you pick finishes first or second in the race, you collect your money and your earnings!
Combination Bet
This kind of bet where you will choose two to four horses that you think will win. But they should finish the race in proper order so that you will win the bet.
Show
If you place your bet on a Show wager then the place that you want to look is the horse who wins the first, second or third in the race. But most probably you get most profit if your pick ends up in the first place rather than the second one. The same thing that goes for the third horse.
Across The Board
Some of you might have heard this term already. If you have this, you pick a horse to Win, Place or Show. This is included in only one ticket. And it depends on what place your picked horse ends up determines your pay off. For example, your horse win in the first place then Win, Show, and Place pay off. So if it is second, only Show and place pays off. And the third, you guessed it right, show is the only pay off you get.
So there it is! Some of the basic terms that you will find in horse race betting. I hope I helped you in finding out what kind of bet you want to go to. In the end, it depends on how much you want to risk to win. The higher the risk, the bigger your profit will come.
That brings me to this final bit of wisdom that I'd like to share with every horse player in the world, though some of you already know it. Almost anything will work some of the time, but nothing works all the time.
That means you need to pay attention and watch for changing trends and streaks because horse racing handicapping and betting is a constantly changing game.
If you are looking to make your first million then horse racing betting is probably not for you. The dirty little secret no one ever really talks about is just how much money is lost at the races every year. It's staggering and in some ways the industry thrives on you losing. Think about it. If they lose more than they win they simply won't be in business.
In any given race on any given day the odds are stacked against you at an unbelievable scale. Almost everything is against you. For this very reason only sophisticated punters ever manage to make a living from betting on horses.
It's definitely no easy way to make money and more than anything you need to do it for the love of racing more than anything else. The atmosphere, the smell, the crowd and all those elements that make racing great is what hooked me more than anything else.
But the difference here is that if the horse that you pick finishes first or second in the race, you collect your money and your earnings!
Combination Bet
This kind of bet where you will choose two to four horses that you think will win. But they should finish the race in proper order so that you will win the bet.
Show
If you place your bet on a Show wager then the place that you want to look is the horse who wins the first, second or third in the race. But most probably you get most profit if your pick ends up in the first place rather than the second one. The same thing that goes for the third horse.
Across The Board
Some of you might have heard this term already. If you have this, you pick a horse to Win, Place or Show. This is included in only one ticket. And it depends on what place your picked horse ends up determines your pay off. For example, your horse win in the first place then Win, Show, and Place pay off. So if it is second, only Show and place pays off. And the third, you guessed it right, show is the only pay off you get.
So there it is! Some of the basic terms that you will find in horse race betting. I hope I helped you in finding out what kind of bet you want to go to. In the end, it depends on how much you want to risk to win. The higher the risk, the bigger your profit will come.
