Consider the horse’s breeding or pedigree, which can be found on the racecard underneath a horse’s name. You will find the sire (horse’s father) and the dam (horse’s mother). If the horse’s sire was successful over certain distances or in certain races, this may be a good pointer for races over that distance. The breeding of a horse Here’s a basic horse-betting primer: Since the dawn of time, the most common horse-betting increment has been $2. Sure, you can bet a crisp $100 bill, too, but we’d suggest starting with a two For example, imagine the payout of horse is 5 to 1, and we have a model that indicates the horse’s probability of winning is 0.2, or odds of 4 to 1. Assuming our model is faithful, we would have an edge in this case, as we would be getting an expected return of (0.2 * (5 + 1)) - 1 = 0.2 (0.2∗(5+1))− 1 = 0.2 or 20%. Lay the favourite. First up is one of the easiest horse race trading strategies with very little risk. The situation is as follows: It is best to look for events in which there is a clear favourite to win the race (maximum odds 1.30) and also events in which there are a sizable number of other horses. By focusing on just one betting style means that I have picked up a number of tips and tricks which increase the strike rate and keep the profits rolling in. 1. Place-only betting in the horse racing market. Betfair can offer superb betting opportunities when there are non runners. Let’s look at a typical eight runner horse race. 6tTKM. How to Place a Bet. To place a wager, go to one of the mutuel (betting) windows located throughout the track. Give the attendant the following information: Track you wish to wager. Race number. Amount of bet. Program number of horse. For example: Bangor Raceway, Race #1, $2 Win on #3. Win Bets: A win only bet means it is simply a wager on the horse you believe is going to win the race. Place Bets: A Place bet means you are betting on a horse to run 1st, 2nd or 3rd. The odds for Here is the deal: go for legal horse betting sites like BetUS, Bovada, and MyBookie. These guys have the green light and are fully authorized to operate where you are. It is like a golden rule: always check that your online betting is playing by the local regulations. That way, you are in for a smooth and fun ride without any worries. Consider the horse’s breeding or pedigree, which can be found on the racecard underneath a horse’s name. You will find the sire (horse’s father) and the dam (horse’s mother). If the horse’s sire was successful over certain distances or in certain races, this may be a good pointer for races over that distance. The breeding of a horse Systems of Horse Racing Betting. There are two systems of horse racing betting you might encounter when betting on horses for real money: pari-mutuel wagering and fixed odds. Pari-mutuel betting is the dominant form of horse racing betting in the world. It’s the system used by horse racing tracks all over the world and has also been adopted

basic horse racing betting strategy