However, horse racing involves more than two parties, so what then? If the horse was to place 2nd or 3rd, then you’d lose the £10 stake on a win. At odds of 6-1. You must enter the code MB50. You back the horse to lose. Bonuses & Promotions essentially gives you a larger bankroll temporarily, so make use of them! In contrast to the Show bet, however, the finishing position of the horse will determine the exact payout received on a bet, according to the probable payout odds on the tote board (i.e. BettingOnline acts as a fair and independent reviewer and may receive compensation for transactions made through the site. If the horse shows (finishes 3rd), then the payout reflects the lesser showing. If the horse shows (finishes 3rd), then the payout reflects the lesser showing. As you can see, if you get third place on a show bet, it’s nice, but you’re still hoping your horse gets the victory. Many experts consider playing a horse to Win to be the best bet in horse racing. Don't bet them all ! Fortunately, with odds checkers online and online betting calculators, you may need a little time and concentration, but you don’t need a mathematical genius accountant by your side to make it work for you. When looking at horse racing betting strategies, the obvious act seems to back the favourite, as apparently, these are the horses with the most chance of winning. Another way to find a weak favourite is to research the horses that are often the short priced favourites that get beaten. Sometimes, a group people will all put in $5 to wager show bet to win dinner that evening. Otherwise known as the laying horse strategy, the main principle of this complex horse racing betting system is to bet against a runner. Berman used his understanding of the horses and the odds to calculate what horses to bet on and when to virtually guarantee a win. This is what can be exploited by those in the know. This is where you rate the front-running horses. Now, with Simulcasting, OTB and Online Betting you can play any racetrack in the country. Note that some prices quoted were available at the time of writing, which was 8.20am Sunday.December Outlay: $3 If it’s between 5-7 runners the place betting is 1st and 2nd at 25% of the win odds. For example, an exacta of 1/2 is 224-1 and 2/1 is 271-1. Horse Racing Arbitrage Strategy The key to this method is the large potential upside from the BOG (Best Odds Guaranteed) promotion. Don't bet them all ! This is when make a show bet on a horse and then wager the winnings of that wager on another race. But If I’m really honest, the huge sums of money to be made probably had more to do with it! This being said, although Dutching highly maximises your chance of a win, it isn’t foolproof if a complete underdog takes the race by surprise because then you stand the risk of losing all your wagers. Bet £10, get £30 in Free Bets & £10 Casino Bonus. Let’s say that you like a horse who has odds of 6-1 as a show bet. The Best Odds Guarantee promotion means that if a horses starting price drifts after you backed it you will get paid at the higher starting price. Exposing the bookie is the perfect profitable horse racing betting strategy. Betting on horse racing can be a minefield for the uninitiated, you have so many variables, like human error, track conditions, the weather and of course the temperamental nature of the horses themselves. When horse racing betting, the idea of laying a horse is simple. You weigh them up against different odds from different bookmakers and place enough bets on different outcomes to make sure that you are highly unlikely to lose, but will still manage to get a profit when one of your horses comes in. Another horse racing betting strategy involves a more general method that can be applied to many betting opportunities. 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