How to bet wisely in horse racing

What is horse racing?

Horse racing is a horseman entertainment game generally with the involvement of more than two horse riders. In a horse race, the horse which manages to come first is the winner. Horse racing is one of the advance sports played in many segments of the world.

Initially, it was started by the British Triple Crown. After a hundred years of starting, the American Triple Crown had taken the lead.

Although winning a triple crown is not at all easy. Horse racing is a super expensive sport. It is also considered the sport of kings. Buying a horse can cost millions of dollars, and maintaining the quality of the horse costs you separately.

Still, you can make money more than that you have spent by betting in the horse race.

Types of bets in horse racing

In North America, the three frequent strategies for horse racing betting are to winplace, and show. In the ‘Bet win’ method, the gambler predicts the exact winner of the race.

In the ‘Place’ type, the bettor predicts the winner with regards to their rank. Suppose if the bettor predicts that the racer ‘A’ will secures 2nd place in the race, and if the racer ‘A’ comes 1th the gambler will then lose the bet as the predicted rank was second and not first.

Kentucky derby

In 2018, a hundred and fifty million dollars was invested in a bet on the Kentucky derby. To play the ponies, you need to know the three rules; win, place and show.

A win means the horse you have picked has to come the 1st. Place means it has to come 2nd or 1st, and show means the racers have to come 1st, 2nd or 3rd.

Then there is some exotic- the exacta, trifecta and the superfecta. In which you pick the first two, three and four horses in the correct order. If you decide to back any of those, that mean the horses you pick can place any order for you to win the bet.

How to figure out the best horse

In horse racing betting, determining the quality of the horse is very crucial. To figure out which horse to pick, the New York association for racing recommends looking at the past performance of the horse and the quality of the training a trainer or jockey gives.

You can have a look at the odds, which are dictated by how much money has been placed on those horses already. But if you don’t want to do that you go for any hoses that you wish to choose.

You must check the weight of the horse and its form in the last three races. Also, it would be good to know did it win, how it performed, what kind of ground did it run mostly and how long it can run.

Acknowledging the horses from the jockeys would be a great way to know about the horse current condition. One should also check for the diet of the horse. If the diet is poor, the animal will not last long on the racing track.