Horse Racing Tips

<h1>Horse Racing Tips</h1>Author: <a title="Sebastien Veilleux" href="http://www.articlesbase.com/authors/sebastien-veilleux/5533.htm">Sebastien Veilleux</a> There are a lot of misconceptions when it comes to betting on the horses. Some people believe that it's impossible to profit in horse racing. Some believe that all you need to do is bet the favorites. Still, others believe that the only way to make money is to bet the huge long shots and pray for a miracle. All of these thoughts are false. You can make money betting on horses, and you don't need to pick favorites all the time or bet on miracle finishes often. 
Here is a juicy piece of information for you. The favorite wins the race (thoroughbred racing) about 33% of the time. Therefore, if you simply bet the favorite, you will be losing 67% of the time. Since favorites don't always pay too well, you would end up losing over the long run. Still, money can be made betting on favorites. Each race is different. In some races, the favorite might be an even money favorite. In others, the favorite might be a 3-1 favorite. 
How you bet is just as important as how much you bet. A common bet is called across the board. When you make this wager, you are betting on the horse to win, place and show. If the horse comes in first, you win all three bets. The show bet is the most conservative wager in horse racing, and it pays like it. It's common to be paid only 20 cents on the dollar for a show bet. Many inexperience bettors place a show bet "to be safe," but it's a money sink. 
Unless the horse is going off at a good price (odds), making a show bet is a losing proposition. The best way to wager on a good horse is win and possibly place—never show. Think about it this way, if I told you I had a proposition that you might win 33% of the time, and it will pay 1-5, which means you bet $5 and win $1, would you jump on it? Of course you wouldn't. This is kind of what it's like to make a show bet on a good horse.
At the end of the day, how you wager can up accounting for half or more of your success potential. Bettors that don't figure this out wonder why their bankroll is not larger after their "winning" day. Place your bets properly and you will be halfway home to being a successful horse racing bettor. Money can be and is, made in horse racing every single day. On busy days, there are more than one hundred betting opportunities to take advantage of. One last piece of advice. If a race is not favorable to you—odds wise—move along. There will be plenty more races to bet on.
 About the Author: The author is a senior <a href="http://www.advantagesportsbetting.com/horse-wagering.htm" title="horsewagering">horse wagering</a> editor at SportsGamblingReview.com, an online <a href="http://www.sportsgamblingreview.com" title="sportsbookreview">sportsbook review</a> site. He also writes a daily blog on <a href="http://www.bettingonhorse.com" title="horsebetting">horse betting</a> with up to the minute odds, news and horse picks.

Article Source: <a href="http://www.articlesbase.com/">ArticlesBase.com</a> - <a href="http://www.articlesbase.com/sports-and-fitness-articles/horse-racing-tips-55803.html" title="Horse Racing Tips">Horse Racing Tips</a>

There are a lot of misconceptions when it comes to betting on the horses. Some people believe that it's impossible to profit in horse racing. Some believe that all you need to do is bet the favorites. Still, others believe that the only way to make money is to bet the huge long shots and pray for a miracle. All of these thoughts are false. You can make money betting on horses, and you don't need to pick favorites all the time or bet on miracle finishes often.

Here is a juicy piece of information for you. The favorite wins the race (thoroughbred racing) about 33% of the time. Therefore, if you simply bet the favorite, you will be losing 67% of the time. Since favorites don't always pay too well, you would end up losing over the long run. Still, money can be made betting on favorites. Each race is different. In some races, the favorite might be an even money favorite. In others, the favorite might be a 3-1 favorite.

How you bet is just as important as how much you bet. A common bet is called across the board. When you make this wager, you are betting on the horse to win, place and show. If the horse comes in first, you win all three bets. The show bet is the most conservative wager in horse racing, and it pays like it. It's common to be paid only 20 cents on the dollar for a show bet. Many inexperience bettors place a show bet "to be safe," but it's a money sink.

Unless the horse is going off at a good price (odds), making a show bet is a losing proposition. The best way to wager on a good horse is win and possibly place—never show. Think about it this way, if I told you I had a proposition that you might win 33% of the time, and it will pay 1-5, which means you bet $5 and win $1, would you jump on it? Of course you wouldn't. This is kind of what it's like to make a show bet on a good horse.

At the end of the day, how you wager can up accounting for half or more of your success potential. Bettors that don't figure this out wonder why their bankroll is not larger after their "winning" day. Place your bets properly and you will be halfway home to being a successful horse racing bettor. Money can be and is, made in horse racing every single day. On busy days, there are more than one hundred betting opportunities to take advantage of. One last piece of advice. If a race is not favorable to you—odds wise—move along. There will be plenty more races to bet on.

The author is a senior horse wagering editor at SportsGamblingReview.com, an online sportsbook review site. He also writes a daily blog on horse betting with up to the minute odds, news and horse picks.

Rate this Article:

0 / 5 stars - 0 vote(s)

Re-Publish

Article Source: http://www.articlesbase.com/sports-and-fitness-articles/horse-racing-tips-55803.html

Article Tags: Horse Racing, Horse Betting, Horse Wagering

Related Articles
Related Q&A

Latest Sports and Fitness Articles
More from Sebastien Veilleux

Get a Bigger Booty in Three Steps

By: Kasan Groupe | 17/12/2009
Most of us don’t have the luxury of being able to gain a few pounds, but if you’re naturally thin or petite and your backside is lacking, it can be both frustrating and embarrassing come swimsuit season. If you’re serious and ready to commit your time to increasing the size of your booty, you can certainly accomplish your goal. Follow my tips and you’ll be on your way to a Kim Kardashian sized bum.

Chelsea return to marching orders

By: Ben Carso | 17/12/2009
Whereas Manchester United have hardly any defenders due to injury, and despite playing against a second string Wolves team, they remain....

Wales V Italy - Six Nations 2010 rugby Hospitality

By: sam pit | 17/12/2009
Corporate Hospitality Group is offering services to rugby lovers to book their rugby tickets and hospitality packages online on a very competitive price. We are not only offering tickets for Rugby Autumn Internationals and Rugby Six Nations but also hospitality packages for these popular international rugby events. You are most welcome to enquire about any rugby match tickets or any rugby hospitality package by email or over the phone.

Wales V Scotland - Six Nations 2010 rugby Hospitality

Scotland V France - Six Nations 2010 rugby Hospitality

Manchester City finding football tough

By: Ben Carso | 17/12/2009
The amount of players they currently have on their payroll will really require a Champions League spot next season or they will see....

Ireland V Wales - Six Nations 2010 rugby Hospitality

Which One is Your Choice, Nike or Adidas?

By: oceania123 | 17/12/2009
A question came up to my mind, why do people like to compare one thing to another, and what is your choice, Nike or Adidas?

Gaming Revenue Options

By: Sebastien Veilleux | 02/08/2006 | Sports & Fitness
The article ‘Gaming Revenue Options' is all about making money in the gambling industry. After reading this article, you will be able to play game and make money through a number of channels in the gambling industry.

College Basketball Betting

By: Sebastien Veilleux | 25/07/2006 | Basketball
The Article 'College Basketball Betting' tells you the practical details of betting on a College Basket Ball Tournament. After reading this article, you will get to know, how to bet on a College Basketball Tournament and how to win a bet.

College Football Betting Online

By: Sebastien Veilleux | 24/07/2006 | Soccer
The College Football Betting is all about betting on a College Football Tournament. After reading this article, you will get to know the different aspects of College Football Tournament, so that you can bet on it and win.

Evaluating MLB pitching

By: Sebastien Veilleux | 31/05/2006 | Sports & Fitness
This articles tells you the techniques of Evaluating MLB Pitching. You can earn good money if you know the techniques of Evaluating MLB Pitching.

NBA Basketball Betting

By: Sebastien Veilleux | 30/05/2006 | Basketball
This article gives you tips on NBA basketball betting. After reading this article you can begin earning money through betting on basketball matches played time to time at different levels; locals or nationals. You can be a winning bettor of basketball matches, if you are looser or not earning enough.

Soccer Betting

By: Sebastien Veilleux | 30/05/2006 | Online Gambling
This articles tell you the ways to make money through betting on Soccer Matches (Football Matches). The article also tells you the nitty - gritty of soccer betting, so that you bet and win.

Sports Betting: Bet on Both Sides and Win

By: Sebastien Veilleux | 29/05/2006 | Online Gambling
This article briefs you about NBA sport betting, which is both side betting in sports. The article also tells you hot to the techniques of NBA sports betting.