A Beginner’s Guide to Horse Race Betting

As the national hunt horseracing season heading towards its climax with the Cheltenham Festival in March followed by the Grand National in April, interest in two of Britain’s biggest and most popular betting events is set to reach fever pitch.

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If you’ve never placed a bet on either of these events, now may be the time to do so 1xbet app. However, betting on horseracing can seem intimidating, and conjures images of men who haven’t changed their clothes since the 1970s standing in long queues in grubby inner-city betting shops.

Fortunately betting on horseracing has moved with the times, with online betting becoming increasingly popular as the quick and easy alternative to visiting totes. However despite these changes, betting on horseracing can still be a daunting task due to the jargon used.

The jargon of horseracing betting conceals the fact that betting on horseracing is generally quite simple. Here are a few of the most popular betting options decoded:

Betting on a show: A horse that finishes a race with a show finishes in the top three. Betting on a show simply means betting on a horse reaching the top three. An advantage of this bet is that it allows you to bet on three horses in any given race. If all three horses show, you’ll receive three payouts, no matter what order they finish in.

Betting on a place: A horse that finishes a race placed has come either first or second. Once again you can bet on two horses with this option, and can receive a double payout irrespective of the order in which they place.

Betting on a winner: Commonly perceived as one of the easiest bets, betting on a winner is actually one of the toughest betting options. This is reflected in the higher odds paid on winning bets, particularly in handicap races. Whilst betting on a winner involves the simple process of picking your favourite, making an educated selection is far more difficult.

The ‘fectas’: The trifecta and sueprfecta are basically extensions of placing bets on a winner. However, these bets up the ante by requiring punters to correctly predict the finishing order of a race. In the case of the trifecta this means accurately predicting positions one to three, whilst the superfecta involves predicting the final standings from first to fourth place.

Betting both ways: Betting both ways is a popular method of ‘hedging’ a bet when betting on a winner. Alongside your bet on a winner, place a bet on the same horse showing. If the horse wins you’ll get paid out twice, if it falters but still manages a show still earn a payout.

There are many more betting options used by experienced punters, and virtually every race or festival will have its own specials. However, the simple betting options described above are a great way to familiarize yourself with horseracing betting. Before you head off to place your bets there is one last piece of horseracing betting information you’ll need.

Unless you plan on treating your betting like a lottery, it is worthwhile understanding the purpose of a racing card. Race cards are released in betting papers and totes once the fields for races are finalized. The race cards list the horses in the field along with information on age, weight carried (if the race is a handicap), and previous form for each runner.

The race card is not used simply to pick out the horse with the best looking stats. Instead it is used to match a horse to a given race or track, using form and recent trends in the race to decide which runner has the best prospects. This means it is often worthwhile researching race trends as well, including age, sex and form information relating to previous race winners.

In the contemporary time, lots of changes in the world of gambling have taken place. Online punters have been introduced to a new way of placing their bets when betting in sports. It has become a popular fashion to exchange bets while betting known as online betting exchanges. In fact, online betting exchanges offer a plethora of benefits over the conventional high street bookmakers. One of its main benefits is that it enables you to indulge in horse race betting. The most interesting aspect here is that in betting exchange, you don’t always put your money on stake for backing the horses but also you place bet for losing the race. When taking part in sports betting in the past you would never be allowed to walk into a bookie and ask to back the loser.

There are numerous websites that promote bet exchange for betting in sports. The basic idea is to bring together several bettors having different views and opinions and provide them a platform where they can decide bet for themselves. Some people follow the traditional practice of backing the horses in the usual way while others decide to place odd bets. To begin with, you are required to choose one of the many bet exchange sites and open a registration account with it. When you decide to place a bet, there are basically two situations you need to exercise choice between. You can either back a team to lose or to win depending upon your level of knowledge and personal preference.

A Couple of Reasons to Indulge In Bet Exchanging when betting in sports

· The first advantage of sports betting in the betting exchange is that you get a better deal, sports betting in the betting exchange eliminates the scope of middleman intervention. This is the biggest benefit of betting exchange that it allows you to keep away from the tactics of bookmakers. What these bookmakers basically do is they maximize their selfish interest in the whole game.

· The second advantage is that you can also bet on odds. It means that you can place bet that a particular horse will lose in the game this is known as laying horses. Thus, you don’t always play for winning the race but also for losing it. You can choose odds of your choice using your own personal judgment.

· The third advantage of sports betting in the betting exchange is that you can get guaranteed profits when sports betting in the bet exchange, as you can take advantage of price fluctuations taking place in the betting field. In the old days it was mainly financial traders who traded on the biggest betting exchange, betfair, but now betfair trading can be done successfully who have the basic knowledge of how to trade on a betting exchange. Many people trade on betfair full time.

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