How to Bet On Horses: Placing a Bet, Wager Types, & More

The reverse could also happen, though, and the odds could increase from 6.00 to 7.00. Tote odds are flexible and open to change, even after you’ve confirmed your bet. Although you’ll receive approximate odds when you make the bet, this could change if many people make a bet on the same race after you do. In addition to the racetracks and horse owners, the government — local, state, and federal — profits from pari-mutuel wagering. Depending on the jurisdiction, the government receives a share of the takeout. Horseplayers are betting amongst each other, and if you’re smarter than the people around you, you win their money.

Rounding out the trio is James Banting, whose 20 years of experience in betting and as an avid fan and attendee of horse racing around the country’s tracks ensure the tips are in good hands. Together, they collaborate with the invaluable OLBG Tipster community to provide tips that help punters make informed betting decisions. This comprehensive horse racing betting guide explores how the sport works, the key factors that affect race outcomes, and the best tools for making informed bets. Learn how to analyse horses, jockeys, and race conditions — and discover top websites and tipsters for serious punters.

Watch live streams of races and take notes on the jockeys, horses, and conditions. Learn the industry terms so you can understand information on horse racing. When it comes to betting on horse races, you need to decide what type of bet to place before you even place a bet on a horse. We have recently put together a really good guide on the best horse racing betting sites.

Tom Clover – Handicaps on the Flat (Turf)

• In a Pick 4 sequence, a player might feel there are three contenders in the first race with nearly equal chances of winning and use all three.
• The object in all these bets is to pick the winners of successive races, two in the Daily Double, four in the Pick 4 or six in the Pick 6, for example.
• The best Indian horse racing sites are packed with special offers and promotions.

Trifecta – Pick the horses that finish first, second and third in the correct order to win. Quinella  – Pick the horses that finish first and second in any order to win. Exacta – Pick the horses that finish first and second in the correct order to win. Value Rating is based on comparing the odds of a selection to the theoretical probability of winning based on the percentage of tips for it. Are you looking for this week’s best Champions League betting tips?

For example, if the odds are 2/1, you will win ₹2 for every ₹1 you bet. This does not include your original stake, so your total return would be ₹3 (₹2 winnings + ₹1 stake). For example, if the odds are 3.00, you will win ₹3 for every ₹1 you bet.

When the odds change on one horse, they also change on the others, so when one horse becomes a strong favourite and the odds get smaller, odds on the other horses get bigger. Bar Bet – Originally introduced in India at the Royal Western India Turf Club, a bar bet is a bet on any horse other than the favourite to win. To do this, you must provide information such as a valid email address, home address, name, and username. If you see this symbol you may want to look in more detail as to what the expert has to say about the selection and why they are tipping that horse today. With every horse racing prediction and preview we post we won’t leave you empty handed. The NAP of the Day is the horse we think has the best chance of winning and the one we are most confident on.

Follow this link to see the Australian Horse Racing Tips from OLBG’s horse racing tipsters covering weekly meetings, plus the big events, for example, Melbourne Cup tips for Flemington. Today’s best free Horse Racing Tips from the OLBG horse racing tipsters. See which best bets they recommend with these horse racing tips today. Horse racing is a sport where horses compete against each other to see who can run the fastest over a set distance.

You should select one horse and place bets in each of 2-6 different races where the horse must win. If the first choice is successful, the earnings are awarded to the next choice. Provided the selection is successful, rollovers continue until all selections have been paid.

Tote bets are common at UK racecourses and online via operators like Tote.co.uk. Payouts can sometimes exceed bookmaker odds, especially for exotic bets like Trifectas and Placepots. Here is the list of common questions and their respective answers related to wagering on horse racing online. On your favored circuits, I also recommend keeping notes of your observations about how various trainers prepared their winning charges for the race you just witnessed.

Born and raised in Louisiana, I’ve been around horses for as long as I can remember. From racing quarter horses pinup login and barrel horses to Thoroughbreds, I’ve owned them all. Betting online offers unmatched flexibility — but only if you prioritize safety, research, and responsible play.

Are Fixed or Tote Odds Better for Horse Racing Betting?

I grew up with horses as integral to our daily activities—working with cattle, trail riding, or even hunting. Besides providing information for horse owners, we also provide exciting history and fascinating information about unique horse breeds. Horse racing spans a wide range of disciplines, each demanding its own unique betting approach. Understanding the differences is crucial to making informed wagers.

On turf, however, he has won with just 14 percent of his starters over the past five years as of this writing. Providers of exchange betting essentially remove the racetracks or bookmakers from the equation and match players who take opposing views of the expected outcome of a race or races. Online platforms have revolutionized horse race betting, offering unparalleled convenience, access to expert tools, and competitive promotions — all from your mobile device or computer. One site we recommend Bet365, pays out if your horse is disqualified after it wins, or if your horse comes first as the result of a disqualification.

Knowing those relationships can uncover plenty of winners over the long haul, often at very nice prices. The routine may change, depending on whether the trainer is preparing a horse for a sprint or a longer route race. It is widely available in the UK and EU through providers like Betfair, Betdaq, Smarkets, and Matchbook, but only one U.S. jurisdiction – the state of New Jersey – currently offers it via Poinstbet and 4NJBets. Keying horses, on the other hand, means narrowing the field in some placings in order to be able to spread out in others. Conversely, that means identifying “key” horses that you can single in other races in the sequence to keep the cost of your ticket under control.