How do you bet on horse racing for beginners?

Does my horse need to win to place?

Your selected horse doesn’t need to win, it simply needs to place in the particular race. Depending on the number of runners, the position it needs to fill changes: When betting with the Tote you also have other types of exotic bets to enjoy, which can yield big returns for a small outlay.

How to place a bet at the horse races?

It’s easier than you might think to place a bet at the races. You simply need to: Choose your favoured horse from the racecard and remember their name and number. Decide the amount (the stake) you are comfortable with. Choose the type of bet you would like to place. Take your pick from the bookmakers at the betting ring.

What is across the board in horse racing?

Across the board – A bet on a horse to win, place, and show. If the horse wins, the bettor collects three ways; if second, two ways (place, show); and if third, one way, losing the win and place bets. It’s actually three bets. Morning line – The odds that the track handicapper predicts a horse will go off at. Ready for the Next Step?

What are the different types of horse bets?

Always have the racetrack, race number, and horse’s number written down, as well as how much you want to bet and what type of bet it is. There are a few different types of horse bets, but the main three are win, place, and show: In a win bet, you pick the winning horse.

What is a rabbit in horse racing betting?

The purpose of coupling the horses into one betting entry is to protect those betting on the other horse, so even if the other horse isn’t given his best chance of winning and the better horse does in fact win, the person placing the bet on the other horse is protected. In horse racing the terminology used for this is “rabbit”.

How do you make money from betting on horse racing?

You do this by using Betfair to lay off part of the bet so that you make money whether you horse wins or loses.

What is a straight forecast in horse racing?

A straight forecast is correctly predicting the finishing order of the horses in first and second in a race. “An each-way bet is a two-part bet, with half the stake going on the selection to win and the other half on the selection to place.

What happens to my bet if my horse wins?

If your horse wins the race, both halves of your bet will pay out. If your horse places in the race, only your place bet will pay out and only half your stake will be returned with your winnings.

Should you put money down on a horse race?

If a horse looks well suited to win a race, but there’s another horse that’s even more so, then that should obviously affect our overall view. Here’s a list of some of the main factors that you should be analyzing before putting any money down on a race. Not all of these will apply to every single race, but the majority will.

What is the difference between combined forecast and tricast betting?

Like a combined forecast bet, a tricast bet also allows the bettor to make multiple selections. There are two kinds of tricast bet. A tricast bet means that the bettor can select who will come first, second and third.

What is a forecast bet in horse racing?

A forecast bet generally applies to horse racing and dog racing. A Forecast is a bet where you select the first two horses (or dogs) home in the correct order. A forecast is usually returned is to a one-unit stake. For example: If the forecast return is 11.53 then you are returned 11.53 for every 1 unit of

What is a reverse forecast in horse racing?

A reverse forecast is two straight forecast bets i.e: 1st horse selected to beat 2nd horse selected and 2nd horse selected to beat 1st horse selected. So you choose two selections and it is two separate forecast bets. What is a combination forecast? This is the same as a reverse forecast.

What makes a good straight forecast bet?

For straight forecast bets, the size of the field is normally a key consideration. The odds you are likely to get on a small field will be very different to those you get on a bigger field.

What is an each way bet in horse racing?

What is an each way bet? An each way bet is a bet made up of two parts: a WIN bet and a PLACE bet. Two bets of equal amounts are made; the first on a selection (horse) to win and the second on the same selection to place. A ‘win’ obviously means that the horse finishes the race first.

Can horses understand winning and losing in a chase?

It’s not that horses cannot understand winning or losing a chase in natural circumstances, just that so much about racing is not at all natural. In natural social contexts, horses do seem to “race” one another.

Why are there so many different categories in horse racing?

Racing lends itself so well to being split into many categories, that it is possible to isolate a select band of horses and races to concentrate on. Be it Flat or Jumps, chasers rather than hurdlers, northern sprints, races at mile and a half and further etc.

How much is the penalty for winning a horse race?

Currently, the usual penalty is 6lb in Flat races and 7lb in Jump races, but from January 1 st 2019 the penalty structure on the flat is changing and will be based on the horse’s age. These amounts are derived from a look into the average amount by which we raised horses’ ratings for winning handicap races.

What is a combination forecast bet?

As a combination forecast bet means you’re essentially making six bets in one, you will be betting six times the value of your stake. For example, if you’re betting £10, your actual stake is £60. Plus, don’t forget to check out our bet calculator, where you can calculate your winnings.

What is the difference between a straight forecast and reversed forecast?

These are known as a reversed forecast bet and a combination forecast bet. They are similar to a straight forecast bet, but have very different rules governing who does and does not win. A reversed forecast bet is very similar to a straight forecast bet in that you predict who will finish first and second.

How is the number of bets in a combination forecast calculated?

The number of bets in a combination forecast is calculated by multiplying the number of selections by the preceding number e.g. for 3 selections, number of bets is 3 x 2 = 6. A combination tricast involves 3 or more selections in the same race, with any 3 to finish 1st, 2nd and 3rd in any order, to give a return.