Information on horse racing: everything you need to know

Information on horse racing

It is the sport of a jockey and the horses that travel a certain distance and try to reach the finish line first. The jockey can sit on a seat in the back of his horse back or on a cart with two wheels attached to a horse that drags that are called, respectively, trot and gallop.

The races may be of speed and skill. In that skill along with the jockey has to make his horse quickly and without errors, the correct path and then have a jury by a vote. The racetrack is where competitions are held for turf. Since the horse racing is a sport which involves many competitors over time has become a source of betting.

Horse racing is an equestrian sport that has been practiced over the centuries; the chariot races of Roman times are an early example, as is the contest of the steeds of the god Odin and the giant Hrungnir in Norse mythology. It is often inextricably associated with gambling. The common sobriquet for Thoroughbred horse racing is The Sport of Kings.

One of the principal forms of horse racing, which is popular in many parts of the world, is Thoroughbred racing. Harness racing is also popular in Australia, New Zealand, the eastern United States and more popular than Thoroughbred racing in Canada and parts of Europe. Quarter horse racing is also popular in the western United States and Florida. Racing with purebred Arabian horses exists in several states in the United States, as well as in most of Europe and the Middle East.

The breeding, training and racing of horses in many countries is now a significant economic activity as, to a greater extent, is the gambling industry which is largely supported by it. Exceptional horses can win millions of dollars and might make millions more by providing stud services, such as horse breeding.
American betting on horse racing is sanctioned and regulated by the state the racetrack is located in.

Simulcast betting almost always exist across state lines with no oversight except the companies involved through legalized parimutuel gambling. A takeout, or “take”, is removed from each betting pool and distributed according to state law, among the state, race track and horsemen. On average, 17 percent is withheld from win, place and show pools, with 83 percent being returned to the winning players.

We now have two disciplines that relate to the turf that are: flat racing (trot and gallop) and ran to barriers or hedges.

Wagering on Horse Races

There’s nothing more exciting that spending a day at the track. Even if you don’t have access to a racetrack or a way to watch horse racing on TV, horse wagering can yield some great profits. Many horse-wagering individuals have hit a big score with a bet of just $1. Before you can place your bets and start winning, you need to know how to bet. In this section, we will go over some common horse wagering options like the Trifecta, Quinella, Exacta and many more. In just a couple minutes from now, you will be ready to hit the track (even the virtual one) and stake your claim to the world of winning racetrack betting.

Horse Wagering

Win: This option is pretty self-evident. You are betting the horse to win the race. If you are correct, your ticket will be paid the “Win” rate for the horse. This wager is technically called a “Win Bet”.

Place: Sometimes even the best horses finish second and that’s what it means to “place”. If the horse you pick comes in first or second, you are paid the “Place” rate. This wager is technically called a “Place Bet”.

Show: There’s nothing wrong with coming in third, unless it’s a three horse race. If your horse comes in first, second or third, you are paid the “Show” rate. This wager is technically called a “Show Bet”.

Exacta (also called a Perfecta): Think you know what horses will finish first and second? If so, place an Exact. You must pick the exact order. If you pick number four horse to win and the number five horse to place and the race ends up being 5-4, you lose. To win, in this example, you need a 4-5 finish.

Quinella: This bet is like an Exacta in that you select the two horses you think will finish first and second. However, unlike the Exacta, the order does not matter. If you select the number 5 horse and the number 6 horse, you win if the order is 5-6 or 6-5.

Trifecta (also called a Triple): If you want to win a good deal of cash, potentially, for a small $1 or $2 wager, the Trifecta is for you. When you bet a Trifecta, you are betting on the exact horses that will finish first, second and third. The order matters with this bet. If you are unsure of the order, but just know the three horses that will Win, Place and Show, you can box the bet. When you box a bet, you are betting all possible combinations. There are six combinations to any three-horse Trifecta.

Daily Double: If you have a good eye for picking winners, give the daily double a spin. When you bet the daily double, you are betting on the winner of two consecutive horse races usually the first and second race of the day.

Pick Six: This bet could be a pick 6,7,8 and so forth. When you place this bet, you pick the winners of all the races. As you can imagine, it has a very nice payoff when you win.

You are now up to speed with some common horse wagering options. The only thing left to do is to visit an online race book and make some winning bets. Horse wagering is a fun, and addictive, activity. The Internet is full of great horse wagering articles, tips, and websites. Placing your horse wagers at an online race book is a great way to keep in the action and it’s extremely convenient too.