The Gambling Industry Horse Racing Betting is regarded as among the oldest sport. The practice of betting on horse racing has kept its pacing and recognition in spite of the introduction of the other sports betting that are growing in number. Nonetheless, you should be reminded that just like the other gambling sports that could either make or break you, this sport could cause you the same. So to keep one from losing a lot of money, it is suggested that one must have a guide regarding this sport.
It is a requisite that one must be armed with the appropriate equipment for betting. Aside from bringing an umbrella, sunscreen and binoculars, listed here are some of the must-haves before one can actually place his bets:
A Racetrack Program. Bits and pieces about the players can be seen in this form. Such “players” are the owners, horses, trainers and jockeys. This is often acquired for $3.
The Daily Racing program. Also known as “DRF”, this functions as a program for the day’s event. It consists of the previous performances of all horses that will race on that day. There also are extra pieces incorporated on it such as the DRF staff’s handicapping and informative horse racing articles. It is priced at $4.
Public Handicapper Selections. If your racetrack or OTB (off-track betting) is covered by the local newspaper, they might pay a handicapper to make daily horse selections. This piece costs only 50 cents.
Handicapping Tip Sheets. These are daily selections sheets at the racetrack provided by handicappers. This will only range you $2.
Now that you are all prepared with all the required devices, the next thing that one should know are the kinds of bet that are offered.
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Show, Place, Exacta, Quinella, Trifecta are some of the different kinds of bets that gamblers can place. Even now, the “win” bet is the most popular one. This type of bet is also called “Straight” or “Single”. Here, you will simply figure out which horse will first hit the goal line. The odd system can certainly help you get a greater idea on which horse will win. But, if you place your bet on a long-shot horse, then you could end up thriving your betting money many times. Win bets can cost you a minimum of $2.
Knowing information of the horse you are racing is right done through a comprehensive groundwork -this in return improves your chances of winning. Being careful in doing this will certainly pave way for bigger odds of winnings.