Most popular ways of betting on Horse Racing

Most popular ways of betting on Horse Racing

Horse Betting is very popular equestrian sports in United Kingdom. There are three popular forms of betting namely the traditional or standard betting; Spread betting and the Tote Betting.

Standard Betting – It is also known as the Traditional betting. Standard Betting is as historical as horse racing. It is still the most popular form of betting. Whenever a person bets on a horse in a race course he is most probably using the standard betting method. Either he bets to win (the horse must win the race for the person to win the bet) or he is betting an each way bet (the horse can finish in the first three or four places).

In either case the bookmaker will quote odds on his board for each horse and these would be fixed, thus non-negotiable. The odds can rise or fall depending upon the amount of the money placed on the individual horses. The price would be decided by the bookmaker.

The person can select the horse he wishes to bet upon and if the odds are acceptable to the person, he will place bet on the horse. He would be provided a ticket depicting the amount of bet, the odds that the bet was struck at and the amount he stands to win.

Most people are comfortable with this type of betting as know the amount they are going to win (or lose) direct from the start.

Spread Betting – This type of betting is more popular in games like rugby, cricket and American football. However it is getting popular in horse racing, day by day. People who are familiar with trading in financial markets often bet on horses in this manner. People either take the jockey index, winning distance and assuming the margin, called as ‘spread’ among them.

Some of the common examples of the spread betting are:-

Favorites index – favorites are the awarded points on the position of horses where the finish the race. So if a person is betting on the favorite index, he is actually betting on the no. of favorites that will win at a particular meeting. Further calculations will be made by the spread betting company and it will quote the no. of points that they accept all the favorites at a particular meeting to amass.

Jockeys Index – The spread betting company quotes a spread for a jockey. The person who is betting would then decide which jockey will have a better day then expected and place bet on him.

Winning distances – the points are divided on the length. They are actually divided into tenths like: 0.1, 0.2, 0.3, 0.5 and 0.75 for short head, head, neck, half of length and three-fourth of the length respectively.

Tote Betting – It is a much safer method to bet in horse racing as the there are low minimum stakes and the losses (if any) are much easier to handle. All collections from the betting are pooled and deduction is made to cover the cost and bookmaker’s share. The remaining amount is broken into winning units and distributed among the winners who have backed that particular horse. The person who bets knows how much he stands to loose. However one does not know the odds while he is betting at the start of the race.

For getting tips and advice while betting in horse racing and other sports like golf and tennis visit Goldcall.com. . Goldcall.com provides horse racing tips, horse racing bets, analysis of horse racing and live UK odd comparison. Only the very best services in the field pass the close scrutiny of the Goldcall ‘Quality Test’ and get their “Seal of Approval”.

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Where can i buy horse racing equipments in Massachusetts?i am looking for the best quality.i dont want to do online shopping

About Author

Leo O’Brien is associated with Goldcall.com.. The consortium behind Goldcall is a team of ex- bookmakers, odds compilers, broadcasters and form analysts. The Combination of experience, added to many years in the betting industry, make their range of Horse racing and Sports Betting Services the very best available today. It actually depicts in their mission statement ‘winning isn’t everything, it’s the only thing’.

18 Responses to “Most popular ways of betting on Horse Racing”

  1. monkeymanbob says:

    Nice work, you did pretty good.

  2. champ0y says:

    You’re really good man. You’ve got excellent talent.

  3. TheTroubadourMusic says:

    :O

    :O

    :O

    how is this not a real photo?

  4. Johnny Carnage says:

    Most owners actually don't make money racing.

    Only about 70% of all Thoroughbreds ever get to the races, and only about 55% of all Thoroughbreds ever win a race. It costs about $25,000, give or take a few thousand, to keep a horse in training for a year; more for the major racing centers like New York or Southern California, less for tracks away from the major population centers. roughly 10-15% of all Thoroughbreds earn enough money during the course of a year to cover their training expenses.

    Some owners can recover the residual value of their horse at the end of its racing career by selling, but most racehorses– particular male racehorses– have residual value that is low or even zero at the end of their racing careers.

    Basically, most people who are in racing are in it for the excitement, the fun, the competition; and the hope that maybe they'll be the one to strike it rich with a horse like Mine That Bird– or one of his relatives. It's the hope of getting that one special horse, plus the love of racing in general, that keeps people going.

  5. barrel racer says:

    As I always say, there's a village missing it's idiot somewhere and they can usually find them trolling on here. They think that if they repeatedly ask the same question and rave their PETA misinformation, that someone might actually end up agreeing with them. Let's hope not!

  6. Christina says:

    http://www.xpressbet.com

    You have to sign up, but it's completely free. There's no fees for watching or betting. And they have like 60 tracks you can watch. It's a great service.

    Several tracks have their own broadcasts on their website, but xpressbet is great because you can get all the tracks in one place and place a bet if you'd like.

  7. mushy_69158 says:

    Its people like you, that pissin' an moanin', that ruin the world…………………..

  8. Richard says:

    I think this gives a good explanation of the definition of the various track conditions:

    http://www.ultimatecapper.com/track-conditions.htm

    That said, it's important to note that because there is no standard for track composition in terms of sand, silt, clay, loam, organic matter, and every track is different, each track plays differently. To cite one example, the track at Aqueduct has a high sand content because the dates run at Aqueduct are typically the wettest times of the year. So the track superintendent finds it beneficial to have a lot of sand in the track to assure fast drainage. The result is that when there has been a lot of rain, the main track at Aqueduct can be like a wet beach– it packs down and gets harder. You may get faster times on such a track than when the surface is rated "fast".

    Churchill Downs historically has had a high clay content in the track surface, with the result that the track can be very cuppy at best of times ("cuppy" means that when a horse strides on it, the hoofprint forms a "cup" on the surface of the track; it has depth, and it holds its shape rather than immediately crumbling) and can be really sticky and tiring when it gets wet.

    A lot depends, too, on how the track superintendent deals with rainfall. At Santa Anita and Hollywood Park in the pre-synthetic days, the superintendents had enough time in most cases to get out the heavy roller equipment and "seal" the track before rain came. Basically when they seal the track, they're rolling and compacting the surface so that instead of water penetrating and making the track muddy down deep, the water just runs off the surface and drains away. Of course, the problem with this is that even when they opened the track surface in preparation for the day's racing, there was some compaction and the track would tend to get harder. During some of our rare wet winters, the track superintendent would sometimes have to close the track to exercise in order to do deep harrowing and conditioning of the subsurface and base after the track had been repeatedly sealed.

    With synthetic surfaces, I think everyone, including the people who manufacture and install them, is still on a learning curve of what has to be done to keep the track consistant and safe in all kinds of weather.

    From a handicapping standpoint, the important thing to remember is that each track is unique, and that you have to become familiar with what the weather conditions do to the the individual track surface.

  9. connor_m_barr says:

    i don't like the gambling, the horse race is alright, mainly only good in the Kentucky Derby when you are really rooting for a horse to get the triple crown

  10. warah110 says:

    Perfect.

  11. Faithless863 says:

    hm i couldn’t tell the difference between photograph and painting comparing the final resault.

    This is sick

  12. Totally Wizard says:

    Hi,
    A jockey has a very dangerous job, but a very important one. He must guide the horse in the correct way as to know how his horse runs, and performs during a race. It is his responsibility to get his horse in the correct position, and know how to guide him through traffic going at very high speeds while the rest of the field is fighting to do the same. Jockey error has played a huge roll in injuries to other jockey's and horses. The horse does the running, but it is up to the jockey to know how fast the horse runs, and when to ask the horse for his best without compromising. So the roll of a jockey is very important. Without a jockey it would be like racing a car with no driver. Hope this explains it to you.

  13. lidiabarbarita says:

    Very nice!!

  14. avb17018411 says:

    woww that’s really relax and beatiful soung .good picture of jhony depp !

  15. superchode20164 says:

    amazing! Willy teach me how to paint like you!

  16. josejr226 says:

    You can go to the site for the Daily Racing Form at it should answer your questions also at any track the program will have instructions inside the cover explaining how to read the form and also how to make all wagers including the exotics.

  17. Forbidia says:

    Brilliant Willy, Just Brilliant =D

  18. bc says:

    You need to go to a reputable trainer and tell him you're interested in buying a horse. Tell him how much you've got to spend and he'll do the rest. He might have a horse in his yard that's already for sale or he might go out and buy one for you.
    Don't go buying horses over the internet!

    The flat trainer Richard Hannon has had some good successes with cheaply bought horses in the past. He trains in Wiltshire.
    http://richardhannonracing.tv/

    Don't forget you'll have to contribute towards the horse's training expenses every week so the more people involved the cheaper it will be.

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