Posts Tagged ‘Bet’

Placing a bet on horse racing does not mean that you have to be at the racetrack. Now, with online sportsbooks you can place your bet online at 100′s of racebooks worldwide and in the comfort of your home.

Nowadays, and power of technology, everything can be found online. If you have a computer and a online connection that is all you will need to be able to see the horse race action live on their small screen.

Even if it is not as good as the live one or as big as the ones you will see on television, it is very convenient for those who are on the move and do not have the right facilities for it. Just think. You will never again miss the action. You will have a minute-by-minute account on the race that is going on. Besides that, you will know first hand if the horse you are betting on will win or not.

How does betting horse racing online works?

There are some websites that just need you to register into them and put in your money deposit. Once the result is out, your losses or winnings will be debited or credited into your account.

Not all websites are like this though. There are those that require its would be members to pay an initial fee. Some even require monthly charges depending on the frequency of your visit and stay.

Even if the betting horse racing is done online, the rules and regulations are still the same. The types of bets and race conditions are also the same as the ones you will see and get live.

Since the process is done through computers, you can expect a short delay on the tally of your bets based on the overall betting system. For those who cannot wait for the update, they are given a choice of the statistics to be sent directly to their cell phones.

But with the advantages that people get from betting horse racing online comes its disadvantages. They may be minors but it is still worth the glance.

a) Unsatisfying Experience. Some people find that nothing can compare to the feeling that they get when they are on the racetrack and is part of the action. You cannot really get that same feeling when you are just there watching it on screen. Most of those who bet on this sport are after the excitement of seeing the race from start to finish. They still want to shout and cheer with the rest of the crowd gathered there on the stadium.

b) Miniscule Screen. Being confined in the small screen of your computer, you will not get a view of what is happening in the whole event. You will just rely on where and what the camera is focusing on. This is a total turn off for those who want to see every corner and every move around the racetrack. Those who are intent on having a better view of the horse race choose to have their own satellite TV in their home to get a bigger and better view of the live happening in the racetrack.

c) Computer System Problems. Slow computers and outdated hardware installed in your computers are one of the factors that will hinder your betting horse racing online experience. If you do not have the most advanced features, do not expect your viewing to be as great as it should be. However, if you can do away with these minor problems and your only desire is to cut the suspense and see the result as it happens, then horse race betting online is always there at your convenience.

Checkout over 100 sportsbooks at http://www.casinospokerrooms.com for horse racing odds.

One of the wonderful things about a day at the track is how well it helps you to know whether a horse is a good bet. There are things you just can’t know by reading past perfor4mances to handicap horse races. While past performances are important, they are just that, in the past.

Being at the track gives you the ability to see the horses in real time and decide how fit and ready they look. While some horses can compete even when they are in pain, others will show they are lame and that means they are a poor bet.

Some horses get washed out before a race, meaning they are covered with sweat before they are asked to run. While some sweating is natural, especially on a hot day, excessive sweating is a very bad sign and such horses should not be included in your wagers. Handicapping means telling which horses are true contenders and horses that are lathered up before they race usually have lost a lot of fluid and energy prior to the race.

Another bad sign is a horse that is showing lameness. You don’t have to be a vet to spot a lame horse. It just takes a little practice. There is an old saying around the track, “If it walks like a sailor it will be a trailer.”

That means a horse with an excessive roll to its gait, from side to side, is shifting weight because of pain or discomfort. Looks for that in the saddling ring and when they go out on the track for the post parade. Another thing to look for is a horse that is holding its head high to shift its weight off the forelegs or a horse holding its head too low to shift its weight off the hind legs.

There are other things to look for as well. Notice which horses are wearing front wraps on their forelegs and if they had them last race. Also, and this is very important, make notes of horses wearing tongue ties and when they race again, see if they are wearing them. If you notice a horse that is wearing a tongue tie for the firs time, it could be a winner.

For the right horses, tongue ties make a very big difference. Learn to do your own horse watching and keep notes. Get to the track as often as you can afford it and do your homework. You’ll be handsomely paid for your efforts and also watch one of the greatest sports on earth.

I started handicapping and betting on horse races many years ago. I was lucky enough to have family members involved in horse racing and who knew a lot about horses. But even with that advantage, it took a long time before I ever showed a profit from playing the ponies. It made me realize what the average person is up against when he or she decides to try to make a profit from the races.

Even though I got some knowledge and advice from the people on the backstretch, it still would have been nice to have a good handicapper tell me what I needed to know, whether or not I was wise enough to listen. Anyone who plays the races for a while, whether for fun or for a living, learns that there are a lot of life lessons to be learned from gambling and horse betting.

Take each suggestion and do what you will with it. No two lives are exactly the same, so the things I’ve learned may not mean much in your life, but you never know, you just may learn a few things from these tips that will help make life a little smoother.

The first thing I learned about gambling and playing the horses is that it is a tough way to make money. It looks glamorous at first, but when you actually do it to make the money to pay the bills, it can be very tough.

The second big lesson and the advice I would give to any beginning horse player is, don’t expect anyone else to make you a good horse player. You may learn from other people but the final result, how you put all the information together and apply it in your life, is totally up to you.

Third on the list of lessons is that while things may work out fine on paper, they seldom go as smoothly in real life. You may keep records and do data studies til’ the cows come home and think you have perfected the perfect horse racing system, only to lose your shirt when you start playing it. Therefore, here is a real good tip. Until you are rock solid sure of yourself and what you are doing, bet light.

Fourth on the list of things I have learned is that racing and gambling are insidious and can gradually take over your life and lead to losing your objectivity. After a while they seem more important than other people and the rest of your life. Don’t let that happen. Most of our lives, the meaningful parts, takes place away from the race track.

Fifth of the lessons I have learned is that nothing works all the time. We handicappers tend to fall into ruts and when we find something that makes us money, we think it will last forever. Nothing could be farther from the truth. You must have a bag of tricks so you can try different things until you find what is happening at a particular meet at a particular time. Knowing when to zig and when to zag is probably the handicappers greatest gift.

Sixth and finally, keep records and notes and read them often so you can keep track of how you are doing and what you can do to improve yourself and your performance.

These six racing tips may seem simple, but they would have saved me many trips home with empty pockets and a heavy heart.

Many handicappers don’t pay attention to the equipment that is being used on the horses they bet on. In horse racing, a little thing like front wraps can make a big difference, so it pays to pay attention to the details. First of all, let’s be certain that we know what we are talking about. Bandages are sometimes wrapped around the forelegs of horses when they race.

They can have a positive or negative effect. How they affect the runner will depend upon the individual animal and what its physical condition is. Sometimes those bandages are used for support. If in a previous race the horse injured a tendon, then the addition of the extra support can help it to feel more confident when it is running and therefore turn in a better performance.

Some horses have a tendency to clip their foreleg hocks with their hind hooves when they are running. Obviously, this is painful to the horse and also may cause a cut or bruise that will slow the animal down. The addition of some padding for protection can cushion the blow so that it will not hamper the runner when it is extending itself.

Of course, the addition of front wraps is not a good sign and I would rather not see them on an animal I am planning to bet on, but they may actually improve performance. When I see them on a horse I am planning to bet on I look to see if there has been some recent decline in its times or level of performance. For instance, let’s say it had been winning races, but then seemed to slow down in its last few races. The trainer may have realized that the horse’s front legs are sore or that it needed more support. I then look to see if there have been any recent works, and if there have been recent works, I look to see an improvement in those works that may coincide with the traine adding the extra support.

In claiming races, the bandages may be a clever ruse by a wily trainer who is trying to win a race, but make his charge look sore or injured so others won’t claim it. Claiming a horse is always a guessing game and the addition of front bandages can be one ploy used to discourage would be claimers. The problem is, that you never know whether it was a good thing or a bad thing until the race is over and it is too late to put in a claiming ticket.

Another time that the addition of “fronts” can be a problem is on an off track. If the surface is wet and muddy the cloth bandages may absorb moisture and make the horse’s legs heavier so it has to work harder. Some trainers will also wrap cellophane around the bandages to keep them dry. If you spot a horse sporting them and it isn’t waterproofed and the track is wet, I advise you to pass that one. And while we are on the subject of wet tracks, let me pass along one more tip. If a track is muddy or sloppy and the horse has a long tail that isn’t wrapped and tied, it is probably not going to win and the trainer hasn’t bothered to tie it because he or she knows that. A long tail that is covered in mud and heavy with moisture can be a problem for some horses so a good trainer will usually tie them up if he or she is sending the horse for a win that day.

This is the third in a series of articles on betting on horse racing profitably through sensible money management.

I have so far discussed why looking for value in horses, rather than just betting on favourites is so important. This was in the first article in this series.

Then, in the second article I emphasized the point that if you’re not using a betting bank, or you do not have a structured staking plan, then you are playing with fire. In short, this is a big mistake when betting on horses.

One Of The Biggest Mistakes You Can Make As A Punter

In this article, I am going to examine possibly the most common mistake that punters make when betting on horses. This is one that perhaps all of us have been guilty of doing at one point or another, as the temptation can often prove too great.

So which mistake is it that I am talking about? Its chasing your losses.

The reason that I am dedicating a whole article to this one subject, is because it can literally take the shirt off your back as things can escalate so quickly.

Plus I know first hand how this can happen, as I did progressive staking (a posh name for chasing your losses!) several years ago, before I became the disciplined punter that I am today.

How Chasing Your Losses Can Spiral Out Of Control Quickly

The easiest way to illustrate this is by using a simple example: Let’s say a punter places £50 on a horse, and he loses. What happens next is the punter selects another horse in a different race. However, instead of placing another £50 on that horse, the punter feels the need to also win back what he lost on his first horse, and so places a bet of £100.

When this second horse loses, the punter is now down to the tune of £150, just like that. And so the punter selects another horse that is a dead cert to win its race, and its at a price of 2/1, so what does the punter do?

He doesn’t place £50 on the horse to recoup £100 and only be £50 down for the day, oh no. He chases his losses by placing another bet of £100, thinking that the £200 profit he’ll get will recoup his losses of £150, plus £50 profit. Right?

Well, yes, mathematically and theoretically that is correct, but let us examine this equation more closely to see what big mistake this punter is making by betting on horses in this fashion.

Do Not Break One Of The Golden Rules of Betting

In effect, what this punter is doing is placing a £100 bet to win £50, as this is the profit that he will make, factoring in the £150 that he already lost. Are you with me?

So this is like betting on 2/1-on favourite, where you have to put £2 on just to win £1 back. This is madness, as there is no value whatsoever in this bet and it goes completely against what I talked about in the first article in this series.

And that’s assuming that his third horse wins!

It’s a fact that good punters get use to; when betting on horse racing you are always going to go through a losing run, it may be two horses, five horses or more, but you need to weather the storm and this is done through the value horses I discussed in the first article in this series.

Even the best horse racing tipsters, the ones who work for newspapers and on television, have losing runs, and they’re as close to being experts as you will get. So we all go through it, and the secret is staying focused and true to your plan – not disregarding the plan just because a couple of horses have not won.

Horse racing tips are not sacrosanct. These are practical advice meant to help you win more races and have extra money for a date with your girlfriend. After all, the best things in life are free.

It’s Free!

The moment the horses bolt out of the starting gate, the thrill begins. The mundane is forgotten and all hearts beat double time. Punters and non-punters alike are instantly animated and the roars rise to a feverish pitch as one. This is the fever and the magic that capture millions of spectators worldwide.

Serving up more excitement are the free horse racing tips carefully prepared by companies eager to get your business. To make good use of these and to pocket super gains, do some careful analysis or start getting acquainted with the different kinds of bets to earn yourself real money.

There are many ways to mine free horse racing tips. You may sign up for tipster sites, join graded forums, or hang out with the seasoned punters. You’ll be learning a lot and eventually, you’ll be able to choose your picks with confidence.

Where to Start

Free horse racing tips always provide the odds in races. Learn how to analyze the odds. The pros look for the greater odds, which mean bigger payouts when the bet strikes a win. When the bookie gives you the odds or the chances of the horse winning the race, you have to decide if you have a better chance to take better money.

When looking at odds, carefully review the horse’s history and that of his closest rivals. If he is running against another horse he has won in a previous race, his chance of winning is high. Seems the horse knows what he is up against.

Find out if the horse came from a good and successful stable. This means the horse had good training and if he is ridden by a top jockey, you’re sure that the odds were carefully analyzed. Review other sites promoting free racing tips on the same race. You will have a better picture of the race because it is difficult to make a selection when the race is yet far off.

Mathematical Facts or Realistic Knowledge?

Free horse racing tips result from the fusion of mathematical facts and realistic knowledge. Some may counter that no mathematical equations are used here. But when used with realistic knowledge, the resulting predictions are sound.

But your money is safer if you start out with the premise that not all free horse racing tips are reliable. Think again that these are predictions. If you are signing up with a tipster site, check out the average of their winning strikes – you’ll be able to gauge how good the site is at giving predictions.

Patience and Diligence

It is also smarter to have more than just one betting bank. Apply different betting methods – more reason for you to be comfortable and knowledgeable of the types of betting. A punter must always be ready to take the risks as well as the bounty for there is no way to get a 100% win on all the bets you make from free horse racing tips.

Whichever way you bet, you still have to practice patience and diligence. These will make you sane in an uncertain but lucrative practice.

If you are going to be successful and make money from betting on horse racing, you must have a solid plan. Whatever horse racing systems you prefer to use must adopt these plans, or you are doomed to certain failure.

But what plans should you follow? Well in this article I’ll explain what they are and why they are so important to your success as a punter.

Let’s face it, no one places a bet because they want to lose their stake do they? Now I know that may be stating the obvious some what, but the way many people bet you would think that was their aim.

Although the sport of horse racing is entertaining, as a punter you need to stop betting for the entertainment value of the sport, and follow a four step plan that will enable you to develop a useful income stream from betting.

Sticking To Your Horse Racing System Is A Must

So what do I mean by this exactly? Well, whether you use a horse racing tipster, betting software or you choose your own racing tips, you need to decide on your bets, place them and then stop.

The last thing that you should do is try to recoup any losses by placing one more bet, or raising your stakes, this is a huge mistake that many punters make, thinking that it is the right thing to do.

Equally, you should not pile on more money in an attempt to win more, as you need to treat your betting like a business or investment opportunity. To not do so is fatal. It is also very important to add here that if your betting system does not highlight a bet on a given day, then you should have the discipline to keep your money firmly in your pocket.

If you have a plan from the outset and stick to it, you will protect yourself from making the fundamental mistakes that a lot of punters do.

Something that I talk about to a lot of punters is to begin acting like a professional. It is proven that adopting a more focused mindset will result in you making more structured decisions, rather than having the scatter gun approach that most punters have.

Being focused and professional about your betting, may not appear at first to be the fun thing to do, but it works. And ultimately, its no fun to keep losing and so I know which method I would rather adopt.

Using A Betting Bank Is Very Important

This rule actually follows the first one quite nicely, as it can be the first logical step in adopting a more focused and professional attitude to betting on horse racing.

One thing that you should never do, is bet with money that you cannot afford to lose. Financially it is just not very wise, plus it will also mean that your betting will no longer be dictated by your racing tips or your betting system, but instead they will become heavily influenced by your emotions, which incidentally is covered in the next rule.

The professional way to bet is to look at how much you can begin safely betting with, no matter how big or small that may be, and to create your betting bank. So in essence and just to emphasise this very important point, this is essentially a sum of money which you could, in the worst case scenario, afford to lose.

It is far better to start with even a very low betting bank, and to wager very small stakes to begin with, safe in the knowledge that you are betting within your means, than it would be to potentially leave yourself short or worse, borrow money for the purposes of betting.

Of course, as you become more successful, so your bank grows and enables you to wager more money per stake on your given racing tips, but do not run before you can walk.

Do Not Let Your Emotions Be Your Guide

I do hope that you can see a logical sequence developing here. Firstly you have a plan. Then you need a set amount of money set aside to execute your plan. The reason that the first two are important foundations is that if done properly, they will alleviate your emotions affecting your betting.

Once your emotions start having a say in your selections, you start climbing the hill en route to the slippery slope, I kid you not.

To prove this, the next time you go to a bookmakers, just take a look at the majority of people there. Do they seem happy? The trouble is that the vast majority of punters do not bet with a plan or a betting bank, but they back a horse that they fancy, or worse, one that they feel they should back as they’ve just lost.

This is not the way to do it and again, it may not be rocket science, however the number of people doing this every week would run into thousands I would think, so do not fall into this same trap.

Losing is all part of horse racing and so you need to develop a habit of not letting it bother you. You need to have faith in your given system, and allowing emotions to direct your betting is not the way to do it. Sticking to the plan, staying focused and not panicking, is the way to do it.

Keep A Record Of Your Bets

I would think that this is something that most people do not do and yet it is so simple, as all you need is some paper and a pencil.

Keeping a record of your tips and your bets is so important, as you need to know how you’re progressing. Once again, its treating it like a business that will separate you, the strategic, successful punter who goes about his business in a professional manner, from the casual punter that you see in the bookies (as mentioned above).

All I do here is mark the date, the horse, the venue of the race and the result. Do not forget of course to write down how much you wagered and what price the horse was, and that’s it. Six items of information per race is all you need really. You could do into huge detail if you wanted, but that’s entirely up to you.

You Have No Excuses Now

And there you have it. These four rules, principles call them what you will, are the cornerstone to success when betting on horse racing. And as you can see, it requires little effort to do so they’re really is no reason why you cannot do this.

The term, “chalk,” refers to the favorite in a horse race, in other words, the one that has the most money bet on it to win. When a lot of low priced favorites win some bettors will complain that the program is “chalky.” What they mean is that only favorites are winning and consequently, the payoffs are low. Others who are less kind call these races “dummy races.” What they mean is that even dummies can pick the winner.

One thing that those races also show is that the races are honest. If a race is going to be dishonest it usually means that the favorite of the race was deliberately held back so that a horse at longer odds could win. Most races are probably honest, but there is a little larceny involved in any human undertaking that involves the exchange of money and horse racing is not exempt.

But getting back to chalks, they come in several different varieties, and some people prefer on kind while others like another and still other people wouldn’t bet a chalk if it was the only four legged horse in the race.

The usual reason that a horse is the favorite is because he or she shows speed figures that are superior to the other horses. Statistically, the winner of the race is usually one of the three horses with the highest speed figure in its last race.

There are also local favorites that the home town crowd has seen win many races over the track. Sometimes these types are known as “horses for courses.” The opposite is a horse that ships in from a track that usually hosts superior racing. For instance, a horse shipping in to a small venue from a great track Like Santa Anita or Belmont.

Another kind of favorite is one that is racing for the first time and has exceptional breeding compared to the other maidens it is racing against. If a maiden field is weak enough, then a horse with excellent breeding from a sire that is known for precocious foals may take the crowd’s money, especially if it shows some good works.

These are just a few examples of the reasons that one horse becomes the favorite and they are excellent reasons, too. That probably explains why favorites win about a third of all races.

Many racing services now offer jockey statistics that show certain jockeys have their strengths and weaknesses. The jockey who is successful with sprinters on the dirt may not fare so well with routers on the turf. Other jockeys just seem to handle younger horses better.

But is there any other way to exploit the human element when it comes to the riders? I say there is and it is one that is often overlooked. I once bet a horse in a turf race that was racing on the inside. It looked like the horse had good tactical speed, coming out of the sire Silver Hawk, and it was a first time turfer. I handicapped the race and figured the horse would get a ground saving trip and be in striking position on the rail near the end of the race.

The jockey was a good rider who had a good win percentage so it looked like all systems go. Because the horse hadn’t raced on turf before, many of the players laid off it so the odds were very generous. The race started and played out exactly as I thought it would. My horse was on the rail with only a few tiring horse sin front as they went around the final turn. A hole opened up on the rail and the horse lunged forward, but as it did, the jockey started sawing on the reins trying to pull it back. This startled the green horse and the more it pulled the more the rider pulled back violently sawing away at the reins.

The horse began swaying and stumbled a little, nothing serious, it was just thrown off stride a little but stayed on its feet and kept trying to get through the hole. At that point the rider leapt off the horse. I had only seen a rider actually leap off a horse one other time and I think that rider wanted to make sure the horse lost. In this case, I think the rider was afraid to go through the narrow opening.

The rider walked away from the incident, no worse for the wear and the horse shot through the hole and won the race, but of course, without the jockey it was not awarded the win. The lesson was that the jockey would not take a horse through a tight spot. As I watched her more and more I realized she really needed an outside lane to win race or an opening you could drive a truck through.

I would play her if she had an outside post position, but never if I thought she would wind up on the rail or behind a wall of horses. I still think she is a good rider, but I also know her limitations. By watching jockeys and knowing their quirks, you may find situations where a good jockey will not win. Some jockeys love to skim the rail while others are rail shy. Some are good with an outside post while others can’t handle it. Knowing which jockeys are in the right position or have the horse with the right running style is one more way to make money on horse races.

If you have ever been to the horse races you may have asked yourself this question, “Is it really possible to win and if so, who is winning all the money?”

The first time I ever went to a horse track was over 50 years ago. I was a kid and my grandfather was a conditioner there. His friends owned and trained horses. Some of the jockeys were also his friends. So I started on the inside looking out. It never occurred to me what it was like for people who go to the races just as bettors with no inside connections.

Years later, after my grandfather, known as Montana Chet to his cronies, had passed away, I moved away from the New England area and started attending races in a new venue. That was an eye opening experience. I became an outsider and learned what it was like to handicap just using past performances. It was very hard, to say the least.

But that experience, as difficult as it was, also gave me respect for the men and women who do attempt to make money from the races. It also forced me to learn how to handicap just using information that was available to the public. I also quickly learned that most of the money that leaves the track finds its way out of there in an insider’s pocket. When I say an insider I mean an owner, trainer, jockey, groom, jockey’s agent, clocker, or any one who frequents the backstretch and has inside information.

That doesn’t mean that horse races are fixed. Most of them are honest. But it does mean that it helps to know things that the public doesn’t know. For instance, let’s say you know that a trainer has been having problems with a horse and wants to try something new in a race and instructs the jockey not to try to win but to take the horse all the way to the back of the pack and make it rate for the whole race rather than letting it go to the front as it usually does? Though that horse may look like a contender and get bet by the public, it isn’t going to win.

The trainer isn’t doing anything illegal. He or she may realize that the horse is not settling as good as it should in races and needs some schooling and the best place to get it is in a real race. Another situation may be that a trainer has a good horse that is a contender in a race, but the trainer has decided that the horse, with an easy race for conditioning, will be competitive in an upcoming stakes race with a much bigger purse. So he or she tells the jockey to take it easy and just go for a nice ride. Don’t push the horse and leave plenty in the tank for the next race where they can make more money.

That is good horsemanship, but if you see the horse is a contender and bet on it, you are going to lose. On the other hand, if you worked on the backstretch and knew the trainer, you’d know you shouldn’t bet on that horse and you would place a wager on one of the other runners. Do you see what you as a handicapper are up against?

I hope I haven’t discouraged you, because that isn’t the point of this article. What I am trying to do is to show you why you have to think like a trainer or insider in order to win money at the horse races. It can be done and I have done it, but to do it, I had to remember the lessons I’d learned on the backstretch. The two things that you must be able to do if you are going to be successful are to know if a trainer is serious about winning in that race with that horse and also if the runner has the ability to accomplish that task.

In order to do that you must understand trainer moves and the toteboard and its secrets.