Horse Racing Bet Types

Future Bets in horse racing can be fantastic fun. Trying to find the Kentucky Derby winner in March, or the Breeders’ Cup Classic winner in August, could be challenging and rewarding.
There are two different types of Kentucky Derby Future bets. One is that the three pools ran by Churchill Downs with 23 betting interests. The wagering begins on a Thursday and runs through Sunday of that weekend. The costs close on Sunday and you don’t understand your final odds until the wagering closes. It is basically a pari-mutuel futures wagering pool.
It can be tricky to find real value with just 24 betting interests (23 individual horses and the 24th is the area or staying horses). However, Barbaro did pay handsomely previous year. Those financing the colt from the first pool received a 40.20 payoff for a $2 bet. In Pool two he paid $32.20, and in Pool 3 he returned 20.80.
On Derby Day that the colt returned 14.20.
The better way to play horse racing futures is either going offshore or heading to Las Vegas to the sportsbook. Instead of having only 24 betting interests, some racebooks have countless three-year-olds listed. You can shop around involving the books for the best price, and once you punch your ticket your cost is locked in.
Stocks to the Breeders’ Cup start popping up in late summer and once again if you shop around to find the best deals you can generally find worth in only about every race.
The 1 drawback to gambling on the futures is a part of your wagering bankroll is tied up for weeks or months.
And there are no guarantees your horse even makes it to the starting gate. The Kentucky Derby is limited to 20 starters and you’ll be able to see your futures horse not make it into the starting gate because of an accident or just a lack of winnings that are graded. Or a lack of talent.
There are no refunds. If your horse doesn’t create the race, you can rip up your ticket until the gate opens.
When playing the foreign exchange, be sure to look for value. There really is no reason to join your betting dollars unless it’s possible to find a promising runner that it is possible to get at quite attractive odds.
Match Ups
Horse Matchups are a somewhat new wager for horseplayers to ponder. It’s simply a Matchup involving 2 horses in a specific race. Some racebooks provide these on a daily basis at important tracks, but they are offered for important horse racing events like the Triple Crown races and the Breeders’ Cup World Thoroughbred Championships.
Rather than handicapping an entire field, it comes down to the handicapper picking between two horses. Similar to a money line onto a sporting event, there is typically a favorite and an underdog.
An example would be a Matchup which was available for the 2006 Breeders’ Cup Classic. Bettors could decide between backing Bernardini at -125 or proceed with the underdog Invasor at +105.
In this wager a bettor would need to put up $125 to collect $225 financing Bernardini. Or going with the underdog, a bettor could back Invasor, setting up $100 to accumulate $205 for a win.
Of course, to win your bet your horse really doesn’t have to win the race. The horse you endorsed just wants to finish in front of another horse in the Matchup wager. Your horse could finish sixth, and so long as the other runner finished seventh or worse, you cash your wager.
Matchup wagers can be utilized by horseplayers when they have a solid opinion for a particular horse or a solid opinion against another horse.
An astute handicapper can take advantage of pace scenarios which may put one of both at a large disadvantage. While the race might not set up to your choice to win the race, then you might discover a circumstance where your choice has a decided edge over the competition from the Matchup.
For instance, you may side with a nearer while the opponent you’re trying to conquer is a speed horse at a race loaded with early speed. While the speed horse is dueled into entry and hastens, your pick rallies up to pass the tired foe late. Your horse doesn’t have to win the race. Provided That your choice gets by the opponent in the Matchup, you money your ticket!Daily Dual To win a daily double bet you must pick the winning horse in two consecutive races. Your bet must be placed prior to the start of the first of those two races.
All monitors offer an early daily double that involves races #1 and #2. Most tracks also provide a late daily double which is the previous two races of the day. Some tracks also provide a rolling daily double which is on any two successive races. You might make mix bets.
Daily Double Wheel
When you’re convinced of a horse winning both of these two races but are unsure of the results of the other race you might wish to consider the Daily Double Wheel. In this bet you bet your key horse along with all the horses in another race. The formula for calculating the cost of the Daily Double Wheel is (how many horses at the race other than the race comprising your key horse) times the dollar value of your wager.
Example: The race other than the race comprising your key horse has ten horses and you want to make a $2 bet. (2 x 10 = 20 ).
Daily Double Part-Wheel
The Daily Dual Part-Wheel wager is a step further than Daily Double Wheel. It permits you to exercise your handicapping abilities to eliminate all horses that you believe will not win the race. This will reduce the size of your investment.
Example: Just Like the Daily Double Wheel illustration above, you have a key horse in one race and ten horses at another race. However, you have decided that only five of those ten horses have a chance of winning their race. So, by doing a daily double part wheel, you have one horse in combination with five horses and if you would like to wager a $2 wager your cost would be (2 x 5 = $10). You may save yourself $10 over the entire wheel bet and hopefully you won t throw out of the winning horse!

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