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3 Strategies You Need to Know to Bet on Horse Racing

Horse racing is one of the most popular sports in the US. This is pretty impressive, considering that most people who tune in to horse racing are there mainly to bet. You can’t blame them because horse racing is thrilling in and of itself, and if you bet on it as well, it just becomes more exciting.

 

However, most people who bet on horse racing do it because it adds more thrill to the sport. There’s nothing wrong with that, of course, but if you are one of the people who want to take horse racing betting seriously, you need more than luck. In this article, we will be delving into some strategies that can give you a good chance of winning your next bet. 

 

This is especially true if you’re a beginner and you don’t know what to do to win more races. That said, here are some strategies you should do on your next bets.

Do Your Homework

Millions of people bet on horse racing each year, but only a small percentage of them do their homework to increase their chances of winning. In reality, a lot of information is thrown at you at any given minute, and it’s up to you if you have the patience to read all of them. 

 

Checking the racing forms is a good start if you don’t know where to look. Racing forms, also known as form guides, will give you a lot of information about the current races.

 

Of course, it won’t tell you which horse to bet on, but it can help you make an educated guess to help you win the races. The form guides will give you a lot of information about the horses and even the jockeys. 

 

That said, knowing which horses are consistently winning the top three is a generally good bet. However, you also have to check if these races are recent, so you might want to check the horses’ track record.

 

There is a lot more information on the racing forms, which can be overwhelming if you don’t know where to start. It can be overwhelming at first, but when you know what to look for and where to find it, this information will make sense, and you can use it to your advantage. Of course, don’t rush and take one step at a time.

Jockey Experience

Horse racing is a good example of what man and beast can achieve together. That said, horse racing does not solely depend on the horse but the jockey. Many people, especially beginners, only focus their research on the horses and ignore the jockeys altogether. However, in reality, jockeys are important just as much as the horse.

 

So first, to start your research on the jockeys, you can also begin on their track records. Are they winning recently? Are they staying in shape? When is their last race? Second, you can check their experience with the current track with their current horse. It’s just like driving a car. When you’re driving a car in a new place, you must study both the car and the road.

 

If the jockey has already been paired with the horse in the current race before, there’s a good chance they will perform greatly. On the other hand, if the jockey has no experience, their performance will be unpredictable, but mostly, they tend to underperform. 

Shop the Odds

Shopping odds is a pretty easy way to increase your payout. The best thing about it is that it doesn’t only apply to horse racing but to sports betting in general. If you’re betting with fixed odds, you can check on different sites online to see if your bet has greater value. However, it doesn’t work with pari-mutuel betting because the odds are not fixed.

 

Once you have made your bet, you can then begin shopping odds. Of course, as mentioned just now, you can check with different sports betting sites online to see if your bet has greater value. Of course, you must pick the odds that have a better value to increase your payout. 

 

After doing this for a while, you can begin to notice a pattern that you can take advantage of to increase your overall winnings, which you can learn more at tvg. Not only that, but if you create accounts on different sites, they tend to give out perks and bonuses to keep you betting with them. Sure, the difference might only be a few dollars, but over time, these extra dollars will stack up and can even go up to hundreds.

Final Words

These betting strategies are pretty common, but they are effective. Of course, they don’t guarantee you to win all the time, but at least you’ll have a greater chance to win and even increase your overall payout. So if you’re looking to start betting in horse racing events, you might want to take into heart the strategies that we talked about in this article.

Horse Race Betting Guide for Beginners

Horse racing is a popular sport that facilitates many betting opportunities. The thrill of choosing a winning horse and watching it charge for the lead as it comes down the backstretch makes the sport more fun and exciting. Some of the biggest horse racing events attract huge viewership, and the payouts are just as big. To boost your horse racing betting skills, understand the competing horses’ form and know the jockeys, track, and horse conditions. Before placing your bets, understand the horse racing betting odds to help you make informed choices.

Consider diversifying your bets by wagering on several horses across multiple races or on a single race. Familiarize yourself with horse racing terminology and find a betting strategy, including Dutch betting, lay betting, or each-way betting. When starting, you may have a limited bankroll. However, based on the bookmaker, you can take advantage of welcome offers, cashback bonuses, and horse racing rebates. Below is a horse race betting guide for beginners.

Horse race betting sites

The birth of horse racing sites means you no longer have to go to the tracks to place your bets. Along with being able to bet on any race track globally, you can watch the sport from online sites. Look for trusted horse race betting sites and ensure that they offer multiple betting options, a lot of tracks and actions, and the best interfaces. You can also get betting tips for different races on these betting websites, including the Golden Slipper tips, the latest news, and everything horse race betting related.

Horse race betting strategy

There is no greater joy than watching the horses you bet on crossing the finish line just as you predicted. Nevertheless, winning a horse race bet isn’t about luck or selecting the horse with the best name. It’s about the racing strategies and tips you can use to make wiser choices with greater winning chances. Consider taking your time to go through strategy guides to help you crash every race you bet on. You can also create your own horse race betting strategy necessary for long-term bet winnings.

The odds

The odds indicate a horse’s winning chances. Shorter odds mean the horse is more favored. A horse with odds of 3/1 is deemed to have higher success chances than those with 6/1 odds. Odds are set by the bookmakers and are most likely to favor themselves. 6/1 odds mean that you get six in return for every one unit you bet plus one unit as it’s your original bet.

Bookmakers consider the horse’s track records and the amount wagered on them to protect themselves from losing money. If a horse attracts a lot of interest, its odds may be shortened and may not reflect its real winning chances. For example, if you bet $20 on 6/1 odds and your horse wins, you’ll get $140 (20*6 + 20*1) as your payout.

Types of horse racing wagers

When betting on horse races, it’s essential to understand the different bet types you can place. In show bets, your horse must finish first, second or third, making your winning chances very good. Place bets involve your horse finishing the race first or second, making your winning chances suitable. The win has average winning chances because your horse must finish first. In quinella bets, you choose two horses in the same race, and they must finish in first and second position in no particular order.

Exacta involves choosing two horses, and they must finish in the first and second position in the exact order you bet on, making your winning chances difficult. In trifecta bets, your horses must finish in first, second, and third places in the exact order you wagered on. This makes your winning opportunities very hard. Superfecta has tough winning chances because your horses must win in the precise order you bet on in positions one, two, three, and four. They also require a sizable bankroll, and the payouts are big. Daily double bets are hard to win as your horses must win two consecutive races.

How to place a horse race bet

Placing a horse race bet isn’t complicated. If placing your bets online, you must open an account with a legit betting site and deposit funds. Find the race you want to bet on and how much you’re betting on it, then place your bet. If you’re going to the tracks to get your ticket, state the racetrack’s name and the number of the race you’re betting on. Indicate your bet amount, the type of wager, and the horse’s number.

Endnote

If you’re new to horse racing betting, researching before placing your bets increases your winning chances. Consult the above guide for betting basics and understand how the sport works.

Betting on Horse Racing: Updates on the Pegasus World Cup

Horse racing is a game enjoyed by millions of spectators and bettors around the world. It has been around for centuries with varying rules over time but is nonetheless a thrilling sport. The Pegasus Cup is one of the many anticipated horse racing events in North America. The South Florida-based event will be coming back in January 2021 for its fifth annual race.

 

Whether you’re new to this particular franchise or a fan of horse racing in general, or you just want to know more about the upcoming race, here’s a few information on the Pegasus World Cup 2021.

 

About the race

The Pegasus World Cup Invitational Stakes is an annual American Thoroughbred horse race event in Florida’s Gulfstream Park. It is a Grade 1 race, which means it is in the highest tier in thoroughbred horse racing standards, such as the Triple Crown Series and the Breeder’s Cup. 

 

Competing in the race are horses ages four and above, but such horses to join the race are invitation-only. There are currently two signature races for the event: the $1 million Pegasus World Cup Turf, which tracks spans 1 3/16 miles, and the $3 million Pegasus World Cup, which tracks spans 1 ⅛ mile.

 

History of the Pegasus World Cup

Compared to its fellow grade 1 thoroughbred horse racing events, this is not an old racing franchise as the first Pegasus World Cup event was held last January 2017. 

 

The idea for the event was brought up in January of 2016 by businessman Frank Stronach, who proposed a race that would not interfere with the schedules of other big races like the Breeder’s Cup and the Triple Crown races. It would also be a fitting final race for competing horses before they finally retire.

 

The Pegasus World Cup races would then continue to the present, with the races held in late January. Since 2017 there have been four champions, namely: Arrogate, Gun Runner, City of Light, and Mucho Gusto, in chronological order.

 

Pegasus World Cup 2020

The Pegasus World Cup 2020 was the most recent race, which happened on January 25 just this year, at Gulfstream Park in Hallandale Beach, State of Florida. Ten competitors were there that day to compete for the $3 million titles, as witnessed by millions of viewers. The 2020 title race’s purse was $3 million, which was significantly lower than all of the previous races, but there are no longer entry fees, as people can witness the race for free.

 

Participants

There have initially been twelve competitors for the race.

 

The competitors were;

 

  • True Timber, with jockey Joe Bravo and trainer Kiaran McLaughlin, 
  • Tax, with jockey Jose Ortiz and trainer Danny Gargan, 
  • Diamond Oops, with jockey Julien Leparoux and trainer Patrick Biancone, 
  • Seeking the Soul, with jockey John Velazquez and trainer Dallas Stewart, 
  • Omaha Beach, with jockey Mike Smith and trainer Richard Mandella, 
  • Higher Power, with jockey Flavien Prat and trainer John Sadler, 
  • War Story, with jockey Joel Rosario and trainer Elizabeth Dobles, 
  • Mr. Freeze, with jockey Luis Saez and trainer Dale Romans, 
  • Spun to Run, with jockey Javier Castellano and trainer Juan Carlos Guerrero, 
  • Mucho Gusto, with jockey Irad Ortiz Jr. and trainer Bob Baffert, 
  • Tenfold, with jockey Tyler Gaffalione and trainer Steve Asmussen, 
  • Bodexpress, with jockey Emisael Jaramillo and trainer Gustavo Delgado.

 

A few days before the event, Omaha Beach and Spun to Run were scratched from the race due to an injury and a skin rash, respectively.

 

Odds

The ten final competitors of the Pegasus World Cup are now assigned odds. Odds in horse racing mean that the first number will represent the profit you will get in return for investing the amount of the second number. 

 

For example, if the odds read 8-3, it means that there will be an 8 dollar profit in return for every three dollars invested. If you win the bet, you will get 11 dollars back, which will increase depending on the number of times you placed your bet on your horse. There are always odds that are released once there is an official lineup, but the initial odds can change.

 

The following were the odds for the Pegasus World Cup: True Timber with 30-1, Tax with 8-1, Diamond Oops with 10-1, Seeking the Soul with 20-1, Higher Power with 5-2, War Story with 30-1, Mr. Freeze with 15-1, Mucho Gusto with 2-1, Tenfold with 30-1, and Bodexpress with 15-1. The favorite among the lineup is then five-year-old Higher Power.

 

Results

Among the ten contenders that participated in the race, it was Mucho Gusto who emerged victoriously. He gave out an $8.80 win, $5.00 place, and $3.80 show. The competitor second to the said horse is Mr. Freeze, and the third is War Story. The rest of the results, in order, are Diamond Oops, Bodexpress, Seeking the Soul, True Timber, Tax, and Higher Power.

 

Takeaway

The Pegasus World Cup, despite being younger than most grade 1 thoroughbred races, has proven its audience a thrilling race for four years now. As it approaches its fifth year in a few weeks, several speculations are now being made on who competes for the 2021 cup. Who do you think will be the competitors, and who among them will get the Pegasus World Cup 2021? Always remember to bet wisely.

 

5 Ways to Win in the Preakness Stakes

The 145th renewal of the Preakness Stakes will settle on October 3, 2020, at Pimlico Park, Maryland. The Stronach Group had found this final date after it faced a setback last May. Usually, the Preakness Stakes is the second part of the U.S. Triple Crown Series but will serve as the concluding event this year after the show’s schedule was rearranged. 

 

Last month, the first part of the Triple Crown, the Belmont Stakes, was over. After that, the Kentucky Derby will follow in September. Although schedule changes are happening in the Triple Crown show this year, surely it will return to its original placements next season when the COVID-19 pandemic is successfully contained. 

 

While the Preakness Stakes takes the last Triple Crown leg, it will not stop the horses from saddling up. Apart from that, it will feature a deserving Triple Crown winner if a racehorse is accomplished both in Derby and Belmont. As the Preakness Stakes settles in three months, here are five ways to bet and earn big in this horse racing tournament. 

Bet For Derby Winners

When you bet the Preakness Stakes online, consider the horses who handled the Derby well. The Run For The Roses precedes the Preakness Stakes, which has a longer racecourse. Do know that the Preakness Stakes has the shortest running-distance in all Triple Crown races, and Derby huge accomplishers may win without a hitch?

 

Today, the Derby is featuring twenty horses in the field led by Tiz The Law, the recently concluded Belmont Stakes winner. This colt has dominated significant stakes races before joining the Triple Crown race. If this horse continues to rule the Derby, he is the most deserving bet to win the Preakness Stakes and possibly the next Triple Crown titleholder. 

Don’t Forget Bob Baffert

Uncle Chuck, Cezanne, and Authentic are Bob Baffert’s entries to the Triple Crown this season. Earlier this year, he pulled-out Nadal as this racehorse had to face an early retirement due to a bone injury. Although Baffert is a bit disappointed because of Nadal’s exit, he aims for another Derby and Preakness titles from one of his entrants this year. 

 

Thus, when you wager for the upcoming Preakness Stakes, don’t hesitate to choose Baffert’s entry. Baffert is one of the most in-demand racehorse trainers who have won many significant Triple Crown races.  His recent Triple Crown achievement was through Justify in 2015. In 2019, he ranked in 9th place for the highest-earning horse racing trainers worldwide. 

Take A Risk On Exotic Bets 

While Straight Bets (Win, Place, Show) are the most popular betting categories you can wager in the Preakness Stakes, the Exotic bets can give you big payouts when you risk for this group. Remember that Exotic bets are harder to achieve and win because you have to guess the winners in the right order. You must scrutinize the racehorses based on their performance to pick the deserving Preakness Stakes winner. 

 

There is a bigger chance to win big when gambling for Exotic bets since the Preakness Stakes has the shortest racecourse. The horses who shine best during the Belmont Stakes and the Derby have higher chances of winning to predict right finish line positions for them. 

Shop For Excellent Odds 

Most of the betting games for the U.S. Triple Crown, including the Preakness Stakes, are done online. Since the Preakness Stakes this year is attended by well-accomplished racehorses, the fans can expect impressive odds value. It is why most trusted bookies are creating betting lines where you can gain huge payouts.

 

When betting for the Preakness Stakes, make sure to shop for many bookmakers. Remember that their odds differ, and you have to gamble for the best one.  Lastly, take advantage of their bonuses to increase your chances of earning more. 

Gamble On All Possible Chances

There is no harm when you wager within your comfort zone, but it’s good to resist all the betting games you’d like to play. It not only gets you tied with one category but will also help you maximize your chances of winning. 

 

By doing this, you can gamble one or two categories in the Straight and Exotic bets. There are also less popular betting options that might happen in the Preakness Stakes, and if you find this profitable, you might also consider wagering for these categories. 

 

Takeaway

With the Preakness Stakes culminating the Triple Crown show this season, the tournament will surely come more thrilling. The fans can see how the Belmont Stakes and Kentucky Derby hopefuls will end their Triple Crown journey this year. 

 

Besides, these horses were accomplishers in many stakes races, which they can undeniably ace the game anytime. Thus, if you plan to wager in the Preakness Stakes, the tips shown above can secure a profitable bankroll