Betting Basics for Horse Racing

April 15, 2009

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EVERYTHING YOU NEED TO KNOW TO BET HORSES

by Rob Crowne

© Robert Crowne & Assoc., May 1, 2006

Published by permission. All rights reserved

All three of the big Triple Crown races – the Kentucky Derby from Churchill Downs, the Belmont from Maryland, and the Belmont from here in New York City – are televised, along with the Breeders’ Cup and many of the preliminary races on the under-card each of the big days. Nothing is more exciting than watching your horse battle it out down the stretch and win at odds that bettors on two-team sporting events can only dream about. Unfortunately, many sports bettors miss out on the excitement and huge profits available betting the races because they don’t understand horse betting.

This article will explain pari-mutuel betting and the types of bets available for the novice to horse betting, and will discuss money management, as well as some fine points of placing horse bets for those who are more experienced as well those who are new to the sport.

How does pari-mutuel betting at U.S. tracks work?

What is the tote?

What is the Morning Line?

What should I know about placing bets at the track or with a legal off-track betting system?

What should I know about placing bets with Offshore Bookmakers or my Local Shop?

What is an entry?

What are the various types of bets that can be made?

How much does the track pay itself from the betting pool?

How much should I bet?

Which horses should I bet?

> Bet the Belmont Stakes right now!

Pregame.com provides sports betting rules, basics, advice, systems, and strategy, online for free, covering NFL Football, NCAA college basketball, NBA, pro MLB baseball wagering from gambling experts.


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