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Horse Racing Betting

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Horse Racing Articles

Horse Racing Betting - Pick 3 a New Exotic Wager
One of my favorites is the Pick 3 for several reasons. For example, I believe it’s easier to pick the winners of three consecutive races than the order of finish playing a trifecta in a single contest.
Horse Racing Betting - Exactas Offer Better Value
Exacta wagering pools offer more value than straight betting pools since there’s plenty of foolish cash going into quite a few races.
Horse Racing Odds - It's a Sound Idea to Learn How to Wager
An older lady recently overheard me discussing wagering strategy and politely inquired: "I wonder if you could answer a question for me - what's the difference between a Pick 3 and a trifecta?"
Horse Racing Betting - How to Handicap Horses Second Time Off a Layoff
I've always believed it's tricky trying to handicap horses coming off long layoffs. So the next logical question: How about second time off a layoff? One of my favorite handicappers that answered the original question is Steve Klein of the Daily Racing Form. His premise expressed several years ago:
Basic Horse Betting Training Vital When Beginner's Luck Fade
People that frequently go to the horse racetrack, but lack the basic knowledge when it comes to handicapping and wagering always puzzle me.
The Tote Board
Those are some observations I've heard watching the tote board trackside over the years. When the board lights up, you should pay attention. And since it's often said "money talks," listen, because the board has loads to say that can be beneficial to your handicapping.
Trainer-Jockey Stats
I've found that winning trainer-jockey combinations over the past several years have become an important ingredient in my recipe for successful handicapping.
Synthetic Surfaces
Pay attention, horseplayers, because whether it's Polytrack, the Cushion Track or the Tapeta synthetic surface, the newest phenomenon will alter your handicapping methods.
Do Your Homework
People who frequently go to tracks but lack the basic knowledge when it comes to handicapping and wagering always puzzle me.
Rely More On Handicapping Than So-Called Tips
Unless I get the message straight from the horse’s mouth or another part of the anatomy -- aggressive, controllable behavior, shiny coat or a fluid transition from a walking gait to a gallop in the post parade -- I rely on handicapping.
Maiden Races Offer Chance For Big Score
There was a time when I skipped maiden races. That ended a long time ago – when I learned there was money to be made.

Horse Racing Betting Rules

Horse Racing Rules

Allow wagers up to 2 minutes before the scheduled post time. The time left to wager on each horse race is made available on the website. Any tickets placed after this time will be void.
When placing a wager on a horse they will generally be identified by name not the number.
Payouts may vary according to bet type and horse race track. In most cases full track odds are paid with a maximum payoff. There is no maximum payoff for Win, Place and Show, which will be paid out at track odds. Exotics will have a maximum payoff - please see the table located elsewhere on the site for specific payoffs.
In the event there is a wager made with no track results or payout information posted, the wager will be refunded. An example of this would be, 1) scratch horses reducing the number of entries, 2) no payout results (the race did not run).
Tickets cannot be graded until the official results have been posted. Funds will be credited to your account usually within 10 to 15 minutes after the official results have been posted.
No Consolation Payouts.
A horse is scratched when it is listed as an entry but does not run in the race. A horse may be scratched early in the day or minutes before the start of the race.
Scratches on Multi Race Bets - Any scratches after the first leg of the multi race ticket that has been completed with a loss will result in a losing ticket. An example would be if your first race lost and your horse in the next race was scratched. The ticket would be a losing ticket due to your combination including a loser. If the selection on the earlier stage of the multi-race bet are correct, then the scratches occur in the middle or later legs, this would allow those multi-race bets to be refunded. (This is different from the race track that produce winners via consolation payout.)
Coupled Horses - Horses that belong to one owner or under one trainer running in the same race are “coupled” together. When you bet on one you also get the other; you get horse 1 and horse 1a, for example. When one of the coupled horses wins, both horses win. In the case that both horses finish, the higher payout will be applied. In the event of a scratch you have action, unless both coupled horses scratch.
Field Entry - When there are a large amount of horses running in a race, several horses are grouped together as field horses. For payouts and refunds, the same rules as Coupled Entry apply.
Horse Tickets must be finalized before the race starts. Any wagers placed after the start of the race will be "no action" and all monies will be refunded.

* Full Track Odds + 10% is offered at selected tracks only.

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