Horse Betting For Dummies

  1. Horse Betting 101 For Dummies
  2. Horse Betting For Dummies Tip Sheet
  3. Betting On Horse Races For Dummies
  4. Horse Betting For Beginners
  5. Horse Wagering 101

Understanding how to read odds and interpret the betting line is the first step for sports betting dummies. You should be able to explain the meaning of -110, -5.5, +10.5 or an over-under of 215.5. You should be able to explain the meaning of -110, -5.5, +10.5 or an over-under of 215.5. The Beginners Guide for Betting Horse Racing. Betting on horse racing, now more convenient than ever due to the advent of TwinSpires.com, is often viewed as complicated and too complex for a relative newcomer to understand. In reality, while there are number of ways in which to play an individual race, the basic wagers that have been the sport. Start By Asking Yourself Some Personal Questions. Is Sports Betting Right For You? If you’re looking. Horse racing has been a popular pastime for millennia. In fact, some experts believe that the first competitions took place well before the Egyptian empire came to power. This is also why countless fans continue to place wagers well into the present day. The good news is that the rise of the digital domain has provided us with more betting opportunities than ever before. However, placing the. Betting on Horse Racing For Dummies. How to enjoy a day at the races-and bet to win! The last two years have seen a record number of Americans tune in for climatic Triple Crown races featuring Smarty Jones and Funny Cide; in 2004, television viewership jumped a whopping 61 percent over the record set in 2003, and the Belmont Stakes race itself drew a record crowd of more than 120,000!

Don’t know your bumpers from your jumpers, your bays from your greys, or your fillies from your colts? You’ve come to the right place. Read on for our beginners guide to horse racing.

Horse Betting For Dummies

History

People have probably been racing with horses – whether on their backs or following in a chariot of some kind – for as long as humans have been able to tame these fine beasts. Evidence certainly points to the ancient Greeks racing with horses as far back as 700 BC.

Horse racing in the form we know today really began in the 17th century when King James I took a fancy to horse racing and the “Sport of Kings” was born, quickly becoming popular with the English aristocracy.

Horse Betting 101 For Dummies

Many of the big races around today originated in the 1700s, a time when horse breeding and the sport itself became more effectively regulated. Racing became evermore popular through the centuries and is presently – thanks to television and the internet – one of the most watched (and gambled upon) sports in the UK and Ireland. (Read our History of Horse Racing article for more information.)

Types of Horse Race

Horse racing in the UK and Ireland is split into two distinct branches. The first, flat racing, is simple: horses start, they run – either in a straight line or round a curved track – then they finish, the winner being the first past the post. The second, National Hunt racing, is slightly more complicated – not least for the horses and jockeys – in that obstacles must be negotiated on the way round the track.

Horse Betting For Dummies Tip Sheet

National Hunt racing is split into two main categories: hurdles and steeplechases. (There are also National Hunt flat races called “bumpers”, but these are much less common.) The difference between the two is that horses running in steeplechases must jump fences that are higher and more solid than the hurdles in the hurdle races. Steeplechases often also include open ditches and water jumps, adding just a little more danger / excitement – depending whether you are watching or riding!

In both flat and National Hunt, races are also categorised by the age and experience of the horses, and the distance over which they run. (See our Types of Horse Races article for further details.)

Classifications of Races

In both flat and National Hunt racing there are a series of classifications that indicate the prestige, likely purse value (amount paid out in prize money) and the quality of the horses involved, with Group 1 being the top classification in flat racing, attracting the best horses and offering the biggest purses, then, descending in importance through Group 2, Group 3, listed races and finally handicap races.

In National Hunt, Grade 1 races are the top notch, going down through Grade 2, Grade 3, listed, handicaps, and then bumpers (flat). Races are also given a “class” from 1-7, but all graded and listed races are Class 1 (see our Horse Racing Grades article for more details).

In handicaps, an official from the Jockey Club sets the weight each horse must carry in that race in order to provide a decent spectacle with close and exciting races. Generally speaking, the better the horse, the weight it must carry.

Betting on Horse Racing

For many – perhaps most – fans of horse racing, it is the betting element that brings the excitement, or a large chunk of it. The build up, the tension, the explosion of equine power and the jubilation – or disappointment – as the horse you backed finishes the race is part and parcel of today’s horse racing experience.

Betting On Horse Races For Dummies

If you are a beginner to horse racing, you are most probably – but not necessarily – a beginner when it comes to betting in general. If so, take a look at our How to Bet on Horse Racing article for the lowdown.

In brief, you first need to get a handle on the odds, most regularly displayed as fractions in the UK system. Conan slot best bonus online casino. For instance, odds of 5/1 would mean that for every £1 you bet, you would receive £5 back (plus your original stake) should your horse romp home. Easy, right?

Then you have each way bets. If you back a horse each way, you are really placing two bets: one for the horse to win the race, and another for it to “place”. Depending on the size of the field, the horse can place in second, third, fourth and sometimes fifth (as bookmakers sometimes have special offers on the biggest races like the Grand National). The place part of the bet is paid at a proportion of the main odds, often ¼.

An each way bet will cost you twice the stake of a win (or “on the nose”) bet, but you have two chances to win. And if your horse wins the race you are paid out for both the win and the place bets.

Horse Betting For Beginners

There are many other types of bet available in horse racing, from predicting the correct order the first two or three horses finish in a race to multiple selections from different races to Totepool bets. It is clearly important to understand the type of bet you are placing before you place it, so check out our How to Bet on Horse Racing article to make sure you get it right.

Picking a Winner at Horse Racing

Easier said than done, or we’d all be rich and the bookies would all be bankrupt. There are obviously many factors to take into account when picking a potential winner from a field of horses: form, pedigree, trainer, jockey, whether the ground is suited to that horse, whether they like the current weather conditions, what weight they are given in a handicap, whether their odds have moved significantly… among many others. For a rundown on how to go about making head or tail of it all, read our How to Win at Horse Racing article.

Horse Wagering 101

Of course, if you don’t fancy studying the form and the stats for hours on end, you could take the short cut to success and let us do the hard work for you. We post regular horse racing betting tips on this site and will be hopefully picking a good few winners.