The Beginner’s Horse Betting Low-Down

Horse betting is probably one of the oldest gambling games that’s very popular but take note that this one is a bit different from other gambling activities. Horse betting has different bets, has absolutely different odds and a style of displaying them. Even if you are a pro in gambling, you will need to read some basics of horse betting to be successful. It may require more skills and patience but once you have gotten the hang of it then you will definitely love horse betting.

Horse betting activities has race programs which is a brochure where numbers of all the horses are listed as well as odds for each horse being printed before or after its number. It’s up to a track to set a manner of putting down numbers and odds. A race program is a betting term that you can find in no other betting.

Just like other sports betting activities, there are various types of wagers for horse betting. Some of them are the same that can be found in sports betting while others are unique to the activity alone.

o Straight bets include win (to fix what horse will finish first), place (a horse must come first or second to the finish), show (this is a place bet plus the third position), across the board wagers (to bet on that a horse will take either of the first three places).

o Quinella bet is about choosing two horses one of which should finish the race first and the other second.

o Exacta or perfecta will be gainful if a player foresees the two horses to come one after another to the finish.

o Trifecta wager suggests that a player should make an order of three horses with setting horses to be the first, the second, and the third reach the finish line.

o Superfecta this is trifecta plus the forth horse to come.

o Daily double bet requires a bettor to predict horses to finish first in two races.

It is a rule that it’s not allowed to make bets on scratches, otherwise known as the horses that have been withdrawn from races. When someone bets on a late scratch then his wager will be returned to him in most cases.

Horse betting is known as the Sport of Kings because of its Roman Empire epoch roots back in the Medieval ages and it’s still in demand but not by Kings anymore.