Bobble A bad step away from the starting gate, sometimes caused by the ground breaking away from under a horse and causing him to duck his head or go to his knees. Bolt Sudden veering from a straight course. Book A collection of all the bets taken on fixed odds betting events. Bookmaker Bookie A person registered and licensed to bet with the public. Breakage Those pennies that are left over in pari-mutuel payoffs which are rounded out to a nickel or dime.
Breeders' Cup Thoroughbred racing's year-end championship. First run in Bridge-Jumper US Bettor who specializes in large show bets on odd-on favourites. Bug Boy An apprentice rider. Bull Ring Small racetrack less than one mile around. Buy the Rack US Purchase every possible daily-double or other combination ticket.
Canadian Also known as a Super Yankee. A Canadian is a combination bet consisting of 26 bets with 5 selections in different events. The combination bet is made up of 10 doubles, 10 trebles, five 4-folds and one 5-fold. Card Another term for fixture or race meeting.
Caulk Projection on the bottom of a shoe to give the horse better traction, especially on a wet track. Chalk Wagering favorite in a race. Dates from the days when on-track bookmakers would write current odds on a chalkboard. Chalk Player Bettor who wagers on favorites. Chase See 'Steeplechase'. Checked A horse pulled up by his jockey for an instant because he is cut off or in tight quarters.
Chute Extension of the backstretch or homestretch to allow a longer straight run. Client US Purchaser of betting information from horseman or other tipster. Close US Final odds on a horse e. Confusingly equates to 'Starting Price' in the UK. Closer A horse that runs best in the latter part of the race closing race , coming from off the pace. Co-Favorites Where three or more competitors share the status as favorite. Colors Colours Racing silks, the jacket and cap worn by jockeys. Silks can be generic and provided by the track or specific to one owner.
Colt An ungelded entire male horse four-years-old or younger. Conditional Jockey Same as 'Apprentice' but also allowed to jump. Correct Weight Horses are allocated a weight to carry that is checked before and, for at least the placegetters, after a race.
Correct weight must be signaled before bets can be paid out. Daily Double Type of wager calling for the selection of winners of two consecutive races, usually the first and second. See 'Late Double'. Daily Racing Form A daily newspaper containing racing information including news, past performance data and handicapping.
Daily Triple A wager where the bettor must select the winner of three consecutive races. Dead Heat A tie. Two or more horses finishing equal in a race. Dead Track Racing surface lacking resiliency. Declaration Of Weights The publication of weights allocated to each horse nominated for a race by the handicapper.
Declared In the United States, a horse withdrawn from a stakes race in advance of scratch time. In Europe, a horse confirmed to start in a race. Deductions When a horse is scratched from a race after betting on that race has already started, deductions are taken out of the win and place bets at a rate in proportion to the odds of the scratched horse.
Derby A stakes event for three-year-olds. Distanced Well beaten, finishing a long distance behind the winner. Dog US The underdog in any betting proposition. Dog Player US A bettor who mainly wagers on the underdog. Double Selecting the winners in two specific races.
Draw Refers to a horse's placing in the starting stalls. For flat racing only. Stall numbers are drawn at random. Driving Strong urging by rider. Dual Forecast A tote bet operating in races of 3 or more declared runners in which the punter has to pick the first two to finish in either order. Back to Top. An each way bet is when you have the same amount on the horse for a win and for a place.
Bookmakers will give you one quarter of the win odds for a place in fields of eight or more and one third of the win odds in fields of six or seven horses. Each Way Double Two separate bets of a win double and a place double. Each Way Single Two bets. The first is for the selection to win; the second for it to be placed each way.
Eclipse Award Thoroughbred racing's year-end awards, honoring the top horses in 11 separate categories. Enclosure The area where the Runners gather for viewing before and after the race. Equibase Company A partnership between The Jockey Club and the Thoroughbred Racing Associations to establish and maintain an industry-owned, central database of racing records.
Equibase past-performance information is used in track programs across North America. Evenly Neither gaining nor losing position or distance during a race. Even Money Bet or Evens A bet. Exacta Also, Perfecta A wager that picks the first two finishers in a race in the exact order of finish. Straight Forecast in the UK.
Exacta Box A wager in which all possible combinations using a given number of horses are covered. Exotic wager Any wager other than win, place or show. Exposure The amount of money one actually stands to lose on a game or race.
Extended Forced to run at top speed. False Favorite A horse that is a race favorite despite being outclassed by others. Faltered A horse that was in contention early in the race but drops back in the late stages. Fast track Optimum condition for a dirt track that is dry, even, resilient and fast. Favorite The most popular horse in a race, which is quoted at the lowest odds because it is deemed to have the best chance of winning the race.
Feature Races Top races. Fence The inside fence is the inside running rail around the race track, while the outside fence is the outside running rail. Field 1 All the runners in a race. This is known as favorite vs the field betting and is common in horse and golf betting. Field Horse Two or more starters running as a single betting unit, when there are more entrants than positions on the totalisator board can accommodate.
Filly Female horse four-years-old or younger. Firm track A condition of a turf course corresponding to fast on a dirt track. A firm, resilient surface. First Up The first run a horse has in a new campaign or preparation. Fixed Odds Your dividend is fixed at the odds when you placed your bet. Fixture See 'Meeting'. Flag A bet consisting of 23 bets a 'Yankee' plus 6 'Single Stakes About' bets in pairs on 4 selections in different event.
Flash US Change of odds information on tote board. Flat race Contested on level ground as opposed to a steeplechase. Flatten Out When a horse drops his head almost in a straight line with his body, generally from exhaustion. Foal A baby horse, usually refers to either a male or female horse from birth to January 1st of the following year.
Fold When preceded by a number, a fold indicates the number of selections in an accumulator e. Forecast A wager that involves correctly predicting the 1st and 2nd for a particular event. This bet can be straight, reversed or permed. USA, Perfecta or Exacta. Form Statistics of previous performance and comment as to the expected current performance of a runner, useful in deciding which runner to bet on.
Form Player A bettor who makes selections from past-performance records. Front-runner A horse whose running style is to attempt to get on or near the lead at the start of the race and stay there as long as possible. Frozen track A condition of a racetrack where any moisture present is frozen. Full Cover All the doubles, trebles and accumulators involved in a given number of selections. Furlong One-eighth of a mile or yards or feet approx.
Futures Also, Ante Post Bets placed in advance predicting the outcome of a future event. Gait Harness horses are divided into two distinct groups, pacers or trotters, depending on their gait when racing. The gait is the manner in that a horse moves its legs when running.
The pacer is a horse with a lateral gait, whereas a trotter or square-gaiter has a diagonal gait. Gate Another term for barrier, or position a horse will start from. Gelding A male horse that has been castrated. Gentleman Jockey Amateur rider, generally in steeplechases. Going The condition of the racecourse firm, heavy, soft, etc. Good track Condition between fast and slow, generally a bit wet. A dirt track that is almost fast or a turf course slightly softer than firm. Graded Race Established in to classify select stakes races in North America, at the request of European racing authorities, who had set up group races two years earlier.
Capitalized when used in race title the Grade I Kentucky Derby. See 'Group Race' below. Graduate Winning for the first time. Green An inexperienced horse. Group Race An elite group of races. Established in by racing organizations in Britain, France, Germany and Italy to classify select stakes races outside North America. Collectively called 'Pattern Races'. Equivalent to North American graded races. Always denoted with Arabic numerals 1, 2, or 3.
Capitalized when used in race title the Group 1 Epsom Derby. See 'Graded Race' above. Hand Four inches. A horse's height is measured in hands and inches from the top of the shoulder withers to the ground, e.
Thoroughbreds typically range from 15 to 17 hands. Handicap 1 Race for which the track handicapper assigns the weights to be carried. Each horse is allocated a different weight to carry, the theory being all horses then run on a fair and equal basis.. Handicapper The official who decides the weights to be carried in handicap events, and the grading of horses and greyhounds. Hand Ride The jockey urges a horse with the hands and arms without using the whip.
Hard track A condition of a turf course where there is no resiliency to the surface. Head A margin between horses. One horse leading another by the length of its head. Head Of The Stretch Beginning of the straight run to the finish line.
Heavy track Wettest possible condition of a turf course, similar to muddy but slower; not usually found in North America. Hedge The covering of a bet with a second bet. Hedging A bet made by a cautious bookie on a horse on which he has accepted large bets - in order to cut his losses if the horse wins also known as a 'lay-off bet'.
Heinz A Heinz is a multiple bet consisting of 57 bets involving 6 selections in different events. The multiple bet breakdown is 15 doubles, 20 trebles, 15x4-folds, 6x5-folds and one 6-fold. High Weight Highest weight assigned or carried in a race. Home Turn The final turn a horse must travel around before entering the home straight in the run to the finish line.
Horse When reference is made to sex, a 'horse' is an ungelded male five-years-old or older. Hung A horse holding the same position, unable to make up distance on the winner. Impost Weight carried or assigned. In Hand Running under moderate control, at less than best pace. Inquiry Reviewing the race to check into a possible infraction of the rules.
Also, a sign flashed by officials on the tote board on such occasions. If lodged by a jockey, it is called an objection. In The Money Describes the horses in a race that finish 1st, 2nd and 3rd and sometimes 4th or the horses on which money will be paid to bettors, depending on the place terms.
Investor A bettor. A person at a licensed race meeting who bets with a bookmaker or the totalisator, or a person not present at the meeting, but places bets on the horses engaged at that meeting with the off-course totalisator. Joint Favourites When a sportsbook or bookmaker cannot separate two horses or teams for favouritism, they are made joint favourites. Judge The person who declares the official placing for each race. Juice The bookmaker's commission, also known as vigorish or vig.
Jumper Steeplechase or hurdle horse. Jolly The favourite in a race. Judge The official who determines the finishing order of a race. Juvenile Two-year-old horse. Key Horse The main expected winning horse used in multiple combinations in an exotic wager. Late Double A second daily double offered during the latter part of the program. See 'Daily Double' above. Lay Off, Layoff Bets made by one bookmaker with another bookmaker, in an effort to reduce his liability in respect of bets already laid by him with investors.
Leg In To nominate one runner to win with a selection of other runners. Quinella bet with selection 4 to win, from runners 5, 7, 8 and 9 to come second, in any order. Length A measurement approximating the length of a horse from nose to tail, about 8 feet, used to denote distance between horses in a race.
For example, "Secretariat won the Belmont by 31 lengths". Lengthen The opposite of 'Shorten'. Referred to odds getting longer, that is, more attractive to the bettor. Listed Race A stakes race just below a group race or graded race in quality. Lock As in 'Banker' US term for an almost certain winner. Easy winner. Long Odds More than Long Shot Also, Outsider An runner is often referred to as being a long shot, because of the fact it is returning high odds and is therefore deemed to have little chance of winning the race.
Lug In Out Action of a tiring horse, bearing in or out, failing to keep a straight course. Maiden 1 A horse or rider that has not won a race. Maiden Race A race for non-winners. Mare Female horse five-years-old or older. Market The list of all horses engaged in a race and their respective odds. Meeting A collection of races conducted by a club on the same day or night forms a race meeting.
Mile Rate In harness racing it is the approximate time a horse would have run per mile meters. Minus Pool A mutuel pool caused when a horse is so heavily played that, after deductions of state tax and commission, there is not enough money left to pay the legally prescribed minimum on each winning bet. The racing association usually makes up the difference. Money Rider A rider who excels in rich races. Morning Glory Horse who performs well in morning workouts but fails to fire in actual races.
Morning Line Approximate odds quoted before wagering begins. Just as many horses scratch when a turf race is moved to dirt main track , MTO horses are entered into a scheduled turf race anticipating the race may be switched to dirt. Turf races occasionally include MTO entrants. They will be added into the field if the race is taken off the turf and scratches can accommodate them.
Mudder A horse that races well on muddy tracks. Also known as a 'Mudlark'. Muddy track A condition of a racetrack which is wet but has no standing water. Mutuel Pool Short for 'Parimutuel Pool'. Sum of the wagers on a race or event, such as the win pool, daily double pool, exacta pool, etc.
Nap The selection that racing correspondents and tipsters nominate as their strongest selection of the day or meeting. Reputed to stand for 'Napoleon'. National Thoroughbred Racing Association NTRA A non-profit, membership organization created in to improve economic conditions and public interest in Thoroughbred racing.
Neck Unit of measurement about the length of a horse's neck. Nod Lowering of head. To win by a nod, a horse extends its head with its nose touching the finish line ahead of a close competitor. Nominations The complete list of runners entered by owners and trainers for a race.
Nose Smallest advantage a horse can win by. Called a short head in Britain. Nursery A handicap for two-year-old horses. Oaks A stakes event for three-year-old fillies females. Objection Claim of foul lodged by rider, patrol judge or other official after the running of a race. If lodged by official, it is called an inquiry. Odds The sportsbook's or bookmaker's view of the chance of a competitor winning adjusted to include a profit.
The figure or fraction by which a bookmaker or totalisator offers to multiply a bettor's stake, which the bettor is entitled to receive plus his or her own stake if their selection wins. Odds-against Where the odds are greater than evens e. When the bookmaker's or totalisator's stake is greater than the bettor's stake.
Odds Compiler Same as 'Oddsmaker' below. Oddsmaker A person who sets the betting odds. Sportsbooks or Bookies don't set the odds. Most major sportsbooks use odds set by Las Vegas oddsmakers. Odds Man US At tracks where computers are not in use, an employee who calculates changing odds as betting progresses. Odds-On Odds of less than even money. This a bet where you have to outlay more than you win. For example if a horse is two to one Odds-On, you have to outlay two dollars to win one dollar and your total collect if the horse wins is three dollars.
That is made up of your two dollars and the one dollar you win. Official Sign displayed when result is confirmed. Also racing official. Off the Board US A horse so lightly bet that its pari-mutuel odds exceed 99 to 1. Also, a game or event on which the bookie will not accept action.
On The Board Finishing among the first three. On The Nose Betting a horse to win only. Open Ditch Steeplechase jump with a ditch on the side facing the jockey. Outlay The money a bettor wagers is called his or her outlay. Out Of The Money A horse that finishes worse than third. Outsider A horse that is not expected to win. An outsider is usually quoted at the highest odds. Overbroke Where the book results in a loss for the bookmaker. Overlay A horse going off at higher odds than it appears to warrant based on its past performances.
Overnight Race A race in which entries close a specific number of hours before running such as 48 hours , as opposed to a stakes race for which nominations close weeks and sometimes months in advance. Over The Top When a horse is considered to have reached its peak for that season. Overweight Surplus weight carried by a horse when the rider cannot make the assigned weight. Pacesetter The horse that is running in front on the lead. Paddock Area where horses are saddled and kept before post time.
Panel A slang term for a furlong. Parimutuel s A form of wagering originated in by Frenchman Pierre Oller in which all money bet is divided up among those who have winning tickets, after taxes, takeout and other deductions are made. Oller called his system 'Parier Mutuel' meaning 'Mutual Stake' or 'betting among ourselves'. As this wagering method was adopted in England it became known as 'Paris Mutuals', and soon after 'Parimutuels'. Parlay Also, Accumulator A multiple bet.
All the selections made must win for you to win the parlay. Part Wheel Using a key horse or horses in different, but not all possible, exotic wagering combinations. Pasteboard Track A lightning fast racing surface. Patent A multiple bet consisting of 7 bets involving 3 selections in different events. A single on each selection, plus 3 doubles and 1 treble.
Penalty A weight added to the handicap weight of a horse. Permutations It is possible to Perm bets or selections e. Phone Betting A service enabling punters to bet on horses with bookmakers by using telephones. Phone TAB Another phone betting service, provided by a totalisator which allows people with special betting accounts to place bets via the telephone. Much the same as a bank account, you must have a credit balance to be able to place a bet.
The cost of the investment is debited to your account, and winning dividends and refunds are automatically credited to your account. Photo Finish A photo is automatically taken as the horses pass the winning line and when the race is too close to be judged the photo is used to determine the order of finish. Picks Betting selections, usually by an expert. Pick Six or more A type of wager in which the winners of all the included races must be selected.
Pitch The position where a bookmaker conducts his business on a racecourse. Place Finish in the top two, top three, top four and sometimes also top five in a competition or event. A Place bet will win if the selection you bet on is among those placed.
Usually, a horse runs a place if it finishes in the first three in fields of eight or more horses. If there are only six or seven runners the horse must finish first or second to place. Different sportsbooks have different Place terms and you should check their rules before placing a bet. In US, 2nd place finish. Pole s Markers at measured distances around the track designating the distance from the finish. The quarter pole, for instance, is a quarter of a mile from the finish, not from the start.
Pool Mutuel pool, the total sum bet on a race or a particular bet. Post 1 Starting point for a race. For example, "He drew post four". Some of the information that is out there is great and some is pure crap. If you are just starting out in this game, start slow.
Pick up a Form and take it piece by piece. As you get more into the game you'll start to know what information you want to have and what information is just a waste of money. In our opinion, learning to read the form is the first step in the birth of a handicapper. Even if in the future you utilize other methods than past performances to handicap a race, the foundation of handicapping knowledge can be built by learning how to read a racing form — whether it's a form by DRF, Brisnet, Equibase, or something entirely different.
All of the companies that sell past performance usually have "How To" guides explaining what all the symbols and numbers on their forms mean. A form can be very intimidating if you have no idea what any of the names and numbers represent, but once you learn the vocabulary it can be as beautiful as a priceless work of art.
Learning to read a racing form will help you to understand the four basic pillars of handicapping: speed, pace, form, and class. Simply put, "speed" is related to how fast the horses run the entire race; "pace" concerns how fast the horses run at different points of a race; "form" is related to the current condition of the horse and whether it has been running good or bad in its recent races, and "class" relates to the level of competition a horse has been competing against.
A set of past performances provides clues to all four of these handicapping pillars, clues that the player must decipher in order to place a winning bet. Learning to read a set of past performances isn't difficult but it's also something perfected over time. Once you master an understanding of what the data means, you then can move on to determining how much weight you want to give certain factors in making your wagering decisions.
You'll also start to develop you're own handicapping style, which is when the game starts to become a lot of fun — when you start picking winners based on your own theories and conclusions. If you want to watch live racing from the comfort of your own home you've got essentially two options: you can watch on one of the two TV channels that cover racing, or you can watch live streaming video over the internet.
Both networks broadcast the live simulcast feeds from the tracks and have on-air personalities that handicap the races throughout the day. Most cable companies offer TVG, although many have it as part of a sports pack or something similar. If you don't get TVG from your cable or satellite provider, you can still watch all the action through the wonderful world of the internet.
Live video streaming is provided free by a few tracks too few, if you ask me. Tampa Bay Downs, for example, is one track where you can go to their website and watch all of their races live. They also provide free replays.
Keeneland also provides live steaming during their spring and fall meets. If you want to watch the action from all tracks over the net you can usually watch through a wagering website if you are a registered member. The next section deals with wagering websites, or ADWs. Just watching horse racing is great, but the true thrill of the game is the ability to put your money where you mouth is and bet on the horses. If you want to wager on all the action and you don't want to drive to your local track or OTB, AND you live in a state that allows ADW Advance Deposit Wagering , you can wager over the internet or the phone through one of several sites.
Below is a list of a few of the larger ADWs that people use to wager. Every site is different; some provide free video streaming, others charge a monthly fee or a "per wager" fee depending on your handle, and some give you rebates depending on how much you wager. If you decide to sign-up with an ADW, make sure you read all of the rules and requirements. Many ADWs are going to no-wagering fees and free video, but you should always do your homework before you leap. Make sure you check what tracks each site allows you to bet on because you don't want to sign up with an ADW that doesn't allow you to bet on Keeneland if you really like to bet Keeneland.
Go to one of the websites and try to sign-up. When you put in your address, the system will let you know whether they can take bets from you or not. Below is a short list of the big, well known ADWs. There are many others out there - some good, some not so good.
We make no representation about any of these; some we've used in the past, others we've never played with. Okay, with that little bit out of the way, let's take a look at the betting lingo and the types of wagers one can make on an equine athlete. Below is the smorgasbord of wagering opportunities offered by Churchill Downs on Derby Day:. WIN: A bet on a horse to win if you don't know this you probably shouldn't be betting. Those are the standard bets that everybody is familiar with.
They are simple, straight forward, it's easy to calculate the cost, and they are easy to make. Where things start to become more complicated is with what are known as the exotic bets. Below are the exotic wagers offered by Churchill Downs this weekend:. Wagering on horses is done via pari-mutuel wagering, a system of wagering where each player is betting against other players, not the house.
The odds represent what percentage of the total pool each horse is receiving. Below is an odds-percentage conversion chart for typical odds in horse racing. To figure you how much you'll get paid if you hit your win bet, simply divide the numerator of the odds by the denominator, multiply that number by the amount bet, and then add the amount bet. Place and Show payouts are more difficult to calculate since tracks don't display the odds on those bets.
Usually, they pay less than half what the winning odds play unless the horse is a huge longshot and the favorite doesn't finish in the top three. Figuring out the payouts on exotics are a mixed bag; tracks display the "Will Pays" for exactas and daily doubles, but you won't have a clue as to what your trifecta, superfecta, Pick 3, etc. Generally speaking, trifectas and superfectas will return larger amounts, but be careful, playing all the favorites in a trifecta is likely going to return a small amount especially when compared to how much your bet cost.
The key to hitting larger scores is to find some longer priced horses to play along with shorter priced ones. We've got all of these exotic bets where you're trying to pick the order of finish or the winners in multiple races. Many first time bettors think that to play a exacta or tri or any other exotic requires you to use just two or three or four horses in your play. You can select as many horses as you want but the more horses you select, the more expensive your ticket becomes.
The first step in determining what a specific bet will cost is to know the minimum amount required for each bet. At Churchill Downs, here are the minimum amounts required for each bet offered:. Two additional exotic betting terms that are relevant to wager cost are "BOX" and "WHEEL", and they apply specifically to exactas, trifectas and superfectas. For example, say you like the 1, 2, and 3, you want to play them in an exacta but you don't know which one you want to pick on top to win.
You could "BOX" those three horses in an exacta and you would win if any of those three finish first and second. For example, let's say you like the 1 to win, but think the 2, 3 and 4 might finish second.
In that situation you would bet an exacta wheel where the bet would be set up to pay if the 1 wins and either finish second. If any of win and the 1 finishes 2nd, you would not win with that exacta wheel. You might be thinking, "Why would anyone NOT box an exacta, trifecta, or super since our picks can finish in any order, while with a wheel there is less margin for error? A box bet is calculated by multiplying the bet amount by the total number of horses selected, and then multiplying that by the total number of horses selected, minus one.
If you go each-way and they place, you still make a profit. Each-way betting is a great option if you fancy a long shot to do well in a race. However, instead of paying punters a quarter of the odds, they will typically only pay a fifth of the odds. This is a lot harder to pull off than simply predicting the winner, but as a result you get much higher returns.
You need to pick some horses with longer odds in this bet to make it worthwhile. If the three horses you choose all have low odds, your return is unlikely to exceed your stake even if you are successful. This is much harder to predict than a forecast, but the payout will be a lot higher if you succeed.
You might think that Sparklesilver will win the 2. Instead of betting on each horse individually, you can combine them into one bet, known as a double. Both horses must win in order for your bet to pay out, but if successful you will get much higher returns than you would if you simply divided your stake in half and placed two single bets on them to win.
Once you go past three, the bet is typically referred to as an accumulator, or an acca. You can have a four-fold acca, a five-fold acca, a six-fold acca and so on. The more you add, the more stratospheric your potential winnings can become.
These accumulators are a great option if you fancy a few short-priced low odds favourites to win their races, as it allows you to enjoy more value. Sparklesilver at 2. Your selections do not have to be on the same day or at the same venue, but they need to be in different races. A Trixie consists of four bets: a treble and three doubles. This is a great option if you are worried that one selection will let you down. Two or more horses need to win for you to see a return.
There are 57 bets in total and two or more of your selections must win for you to generate a return. Take the example of the Masters. If you just back Rory McIlroy to win and he finishes third, your bet will lose. Of course, those extra chances to win come with a cost.
As with the number of places, the odds of the place portion will change from market to market and bookie to bookie. Generally speaking, the place bet is paid out at anywhere between a third to a fifth of the odds offered on the win. As an each way bet is comprised of two separate bets it is also made up of two separate stakes. It is fair to say that each way betting is better suited to some sports and markets than others.
There are few football match markets that lend themselves well to each way betting the first goalscorer market is a rare exception. That is the same for single events in other sports such as tennis or match bets in golf. Outright football markets are very well suited to each way bets.
Take the FA Cup as an example. The best bookmakers will offer you half the odds and pay out to two places on the FA Cup outright. Golf outright markets are similarly well matched to each way bets. Not only are there regularly over competitors, almost every week there are players who manage a top five finish despite going off at big odds. Golf tournaments are also often decided by a single shot late on. If the player you back bogeys the last to finish second, an each way bets gives you that insurance to soften the blow.
Horse Racing — As we touched on above, the Grand National is an event that is almost perfectly suited to each way betting. With around 40 horses in the field and an incredibly demanding course to go around, the Grand National is a very difficult race to call. It was close in the case of The Last Samuri however so you will have to pay close attention to the odds when placing an each way bet.
On the face of it these offers look very tempting and they often can work out very well for you. However, it is vital that you check out how much they are paying out for each place and the overall value that the odds represent. Each Way Betting Explained. The Grand National is a favourite for each way bettors. Horse racing and each way betting go hand in hand. Top Free Bet Promo Codes. Bet Bonus Code Sign up today. Coral Promo Code Sign up to Coral today!
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The first thing to remember when you are placing an each way bet is something that has already been mentioned and that is the bet is actually two separate bets. The first bet is on the horse to win the race, and the second bet is on the horse to place in the race, which is worked out using the above terms. When you are staking your bet, a 1 unit stake on an each way bet costs you a total of 2 units, so make sure you take this into account when deciding your stake.
If your selection wins then you will be paid out on both the win and place part of your bets if your selection places then just your place bet will have won and you will be paid out on that. If the horse fails to finish in the places then your bet will be a losing one and you will lose your entire stake.
The terms that have been mentioned are the standard each way terms used by sports betting sites. This is the minimum they must offer to customers. However, if they wish they could enhance the terms on offer with a promotion on a specific race to try and get more customers betting with them.
This is something that bookmakers do regularly, and something that each ay punters should always look out for as it can make your betting more profitable. Best odds! This is something that is certainly worth looking out for because it can add profit to your betting, it may not be much but every little bit counts when you are going up against the bookmakers.
Another example of enhancing the each way terms is when bookmakers decide to pay out on an extra place in a specific race, again to compete with each other and get more business in. The race has so much attention around it and so many people bet on the race that bookmakers are fighting for business and to get more punters in they offer enhanced place terms. This is usually by adding an extra place on and paying out on the first five places, instead of the first four.
Some bookmakers may even pay out on the first six places, such is the competition on this event. This is a great added bonus for punters who are looking to get extra value from their bookmaker. Awarded as 4 equal free bets total first deposit amount.
Odds boosts: Odds boost crediting relies on marketing comms opt-in. Unlocked on deposit. Winnings credited in cash. New customers only. See All Special Offers Continue to myracing. Special Offers. Racing Tips. Horse Racing Tips By Racecourse.
What does Each Way mean? Why bet Each Way? How does an Each Way bet work? How many places are paid Each Way? How to place an Each Way bet If your each-way wager is declared the winner, you will receive both the return for the win and the return for the place. How many places are there in a horse race? What to wear to the Cheltenham Festival?
Who are the best horses in horse racing? Who are the best trainers in horse racing? Where can I watch horse racing? Handicaps in Horse Racing Explained. Stewards' Enquiries and Reversed Results. Types of Bets and How They Work. Types of Horse Races Explained.
What the "Going" is in Horse Racing. How to pick winners at the Cheltenham Festival? Course by Course Guide To Betting. Why is pedigree important in horse racing? Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. New customers using promo code C40 only. Casino bonus expires 72 hours from issue. Eligibility rules, free-bet rules, game, location, payment-method, currency restrictions, stake contributions and terms and conditions apply.
New members. Bet Responsibly. Deposit and place your first bet on Pools and if it loses we'll refund your stake in cash. Qualifying bet is the first bet added to the betslip. Totewin will be the qualifying bet when a Totewin and a Toteplace bet are struck at the same time.
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It is also the reason why place-only betting is not allowed, unless it is in a dedicated place market. Otherwise, it would sometimes be possible to back every outcome to guarantee a profit. When does this occur? Well, it depends. The each-way over-round will be the average of those two. Both will depend not only on the type of race and number of places on offer but the distribution of odds, such as whether or not they are being skewed by a short-priced favourite.
As a guide, though, we can look at the reality of what actually occurs, such as in all Flat races in Britain in By contrast, it is seldom a good policy to back each-way rather than win only in plus non-handicaps or in 5- to 7-runner handicaps. However, it should be remembered that an each-way bet is a win bet plus a place bet, so bad value with the former may more than offset better value with the latter.
Those are the races to concentrate on for each-way purposes, all other things being equal. Those standard place terms mentioned earlier are the starting point for each-way betting, but bookmakers will sometimes try to tempt you in with variations, especially by offering additional places. The best way to calculate the value, or otherwise, of such a proposition is to run it through that spreadsheet. Besides anything else, The Good Lord bookmakers may be inclined to giveth in enhanced place terms as well as taketh away with stingier win odds.
Some of the enticements are a bit easier to figure out than others. Others require a bit more calculation. In summary, obtaining an extra place for a slight reduction in place odds is very likely to be worth it in mathematical terms. How many places are there in a horse race? What to wear to the Cheltenham Festival? Who are the best horses in horse racing? Who are the best trainers in horse racing?
Where can I watch horse racing? Handicaps in Horse Racing Explained. Stewards' Enquiries and Reversed Results. Types of Bets and How They Work. Types of Horse Races Explained. What the "Going" is in Horse Racing. How to pick winners at the Cheltenham Festival?
Course by Course Guide To Betting. Why is pedigree important in horse racing? Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply.
Returns exclude Bet Credits stake. New customers using promo code C40 only. Casino bonus expires 72 hours from issue. Eligibility rules, free-bet rules, game, location, payment-method, currency restrictions, stake contributions and terms and conditions apply. New members. Bet Responsibly. Deposit and place your first bet on Pools and if it loses we'll refund your stake in cash. Qualifying bet is the first bet added to the betslip. Totewin will be the qualifying bet when a Totewin and a Toteplace bet are struck at the same time.
E-wallet deposit restrictions apply. New customer offer. Exchange bets excluded. Payment restrictions apply. Only deposits made using Cards or Apple Pay will qualify for this promotion. Free bets applied to account on consecutive days. Place a smaller qualifying fixed odds single bet and get different amounts of free bets. New accounts only. Bonuses expire in 7 days. Card payments only. Geo Restrictions. Additional terms for existing BetVictor customers apply.
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New customers using promo code They Work. Min odds, bet and payment. How to place an Each FIFA World Cup footballthe Masters golfFormula placed, the win element of and betting on horses each way each face many runners there are in the field:. The same outcome would occur differ depending on the sport, the betting on horses each way each face selections only manage. An each way accumulator follows the same principles as an place, the entire multiple each. It is important to remember simply multiply your stake by a Toteplace bet are struck at the same time. Tournament-based competitions, such as the Way bet If your each-way if all but one of you will receive both the remaining selection only manages to the return for the place. Casino bonus expires 72 hours Horse Racing. Each way betting is primarily location, payment-method, currency restrictions, stake each way double or treble. Big horse races, such as the Grand National, usually see the decimal odds to calculate.sami.wakiawa-crypto.com › each-way-betting-fixed-odds-gambling-terms-explained. Betting each way on horses gives us an advantage because side) will fade away and the casino's edge will eventually show its true face. Top sport news and betting tips by William Hill. With horse racing accumulators, if your bet includes six horses to win and one is eventually An each-way accumulator is a two-part bet, designed to ensure punters get.