7 Things to Know About Horse Racing

If you’re a beginner to horse racing, this is the guide for you. But if you considered yourself an expert, these tips can also be extremely helpful. Many of the most experienced bettors fail to understand them.

Handicapping

In horse racing, handicapping is considered an art form. It is the ability to analyze information collected from past races to predict the performance of the horses in a certain event. Over the years, several different handicapping systems were developed.

The overall goal is to make them as simple while also taking advantage of all the information available as efficiently as possible. To put it very basically, a handicap race is a horse race in which the horses are evaluated on their ability and weighted accordingly.

The paddock

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The paddock is the best place to go if you want to take a good look at the horses that will be competing in the race. This is the area where they are saddled before going on the track and also walk around a ring.

If you are thinking of backing a particular horse, this is the ideal time to assess and adjust your bet. Pay close attention to details such as alertness, calmness and dexterity.

Form history

The form history of a horse is nothing more than the record of its performance and bloodline. Along with information about the horse´s trainer and owner, the form of history can be extremely helpful for your bets.

Speciality newspapers and other media formats publish these records.

Selecting your horse

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After going through the three steps above, you should have enough information to consciously back a horse. You can go on some pretty useful sites to learn about the odds, such as oddschecker.com.

Racing schedules

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You simply can’t bet on every race throughout an entire day of events. The odds would be totally against you. Given that, you must be selective and strategic with your approach. That’s the key. Look at the racing schedule beforehand and decide which races you are going to bet on. With time, you will discover that certain conjugations of tracks, jockeys, horses, trainers and owners produce some performance patterns.

Understanding that will allow you to bet on the races in which you are most knowledgeable.

Statistics

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Horse racing statistics range across an enormous and overwhelming number of variables. Some are much more key than others, though. And you need to learn which statistics impact the performance of a specific horse the most.

Free resources for research

Browsing the web for the best horse racing resources to do the research for your bets is nowhere near complicated. In fact, the majority of the absolute best websites for horse racing insights is free to access. Your only job is to look for them. These sites will help you become a master in analyzing data and placing informed bets. The more information you have, the bigger the chances of winning will be.

Going through the seven points above is not complex per se, although it takes a bit of your time and attention. However, ignoring them leads with almost 100% certainty to failed bankroll management.

The Top 6 Horse Racing Myths Busted

Any popular phenomenon in culture, whether it is a sport, a movie, a TV show or a festival, gathers around a whole lot of misinformation throughout the years. And horse racing is no exception. Take a look at six of the most common misconceptions about this sporting discipline.

All horses can race

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The bloodline of a horse is what determines if it can or cannot race. Some breeds were definitely not bred to run and would simply not have the speed and endurance that it takes.

The reason why Thoroughbreds are the preferred horses for racing is that their ancestry can be traced to one of three original stallions. They can run 1 ¼ mile in two minutes while carrying a rider

Horse racing is rigged

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Although there have been various instances of corruption in horse racing, it is extremely rare nowadays. Jockeys, trainers and owners are trying their absolute best to win, especially because the winner makes the majority of the money.

When horses finish 5th or lower, the payment can be less than $100.

Horse races are controlled by the mafia

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Apparently, the movie The Godfather planted some interesting ideas in people’s minds. The fact is that each state has a commission that oversees racing in the region.

Also, each racetrack employs a group of people to make sure every practice complies with the standards.

Thoroughbreds are ill-tempered

The breed is hot-blooded. That’s for sure. But most Thoroughbreds are not difficult to handle, nor are they trained to have a raging temper. In fact, ask any jockey or trainer and they will tell you that a calm horse achieves greater focus and, subsequently, greater success.

Some of these horses are even taken to meet fans and the media and are totally ok when people pet them.

Favorites are always a good bet

The favorite in a horse race is the one that receives the most bets. The thing is, the public is only right an average of one every three times. That lets us conclude that the favorite only wins 33% of the races. Therefore, if you only bet on favorites, you will lose more often than you win.

All jockeys are short

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Yes, almost all jockeys stand at around 5 feet tall, but that reality comes from a weight restriction, not a height one. As shorter jockeys typically also weigh less, finding a tall rider is rare. One of the various exceptions, though, is Ronald Ardoin, one of the best jockeys of all time. He is 5’9 feet tall.

Now, when any of these topics come up in a conversation, you already know how to help clarify the information.

A Beginner’s Guide to Betting on Horse Races

With the wide proliferation of sports betting sites, betting on horse racing is now more convenient than ever. According to DailyHorsePicks.com, some of the best available can be quite complex and difficult to understand.

However, the basic wagers have been the most popular for decades and are very easy for you to delve into.

Straight bets

The three basic wagers newcomers need to get familiar with are win, place and show. The minimum for each of these three bets tends to be $1 or $2.

Win

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For you to succeed in this bet, your selected horse has to finish first. The track generally removes 15% to 20% from each pool. And the win, place and show bets all have different pools. In the case of the win wager, the remaining money is distributed by the bettors that hold a winning ticket with the correct pick for the first-place horse. Win odds are available by viewing the TV monitors, tote boards or your screen if you are betting online.

Win odds are determined by the level of wagers each horse receives. Stats help us conclude that if you always bet on the favorite to win the race, you can get a payout in an average of one out of three races.

Place

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If you decide to go with a place bet, your selected horse must finish first or second for you to get the rewards. It’s more likely that you cash out with this bet, but the winnings are smaller almost all the time. That’s due to the fact that the place pool is divided in two ways. Bets on the first horse and the second horse contribute to two different pools.

Unlike with win wagers, place odds are not freely displayed because they depend on which horse finishes first and second. There are ways to calculate the approximate payoffs by knowing the values bet on each horse in the place pools. But we suggest that, as a beginner, you try to have fun and don’t focus solely on math that can be nowhere near reality.

Show

This is the type of bet closest to assuring you a payout. That’s because your selection can finish first, second or third for you to win. But yet again, the winnings can be disappointingly low.

Following the logic of the place pools, show wagers are divided three ways and the odds are not available. Show bets will certainly not award you a life-changing amount but are great for beginners to start learning the ins and outs of betting on horse races without incurring in unnecessary risks. Winning a horse race bet is definitely exciting and can make you feel more comfortable to try out intricate betting methods.

But remember, your winnings are a combination of luck, strategy and intelligent money management, as well as tons of other factors totally out of your control, such as all the other bettors’ wagers. What matters is that you have fun and be smart.

The 5 Main Types of Horse Racing Every Enthusiast Should Know About

Horse racing is a very famous sport both in North America and Europe. It can generate a lot of money coming especially from bettors. These are the five main types of races.

Flat racing

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This is by far the most popular type of horse racing. It involves Thoroughbreds and the racing surface is leveled. The three main flat racing events in America are known as the Triple Crown – Kentucky Derby, Belmont Stakes and Preakness Stakes. The Breeders’ Cup Classic is also very well-known.

Usually, flat races are run between one to three miles and put to test the horse’s speed and resistance. In the United States, the most used type of surface is still the dirt track.

Jump racing

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The jump races are also referred to as the National Hunt or the Steeplechasing. In these races, competing horses are given the additional challenge of overcoming obstacles. Jump racing events are significantly harder to bet on because the bettor needs to consider not only the horse’s speed but also its agility and skill, as well as the jockey control. The races are divided between hurdles and steeplechases. In hurdles events, these are the only obstacles horses have to jump over. Steeplechase events involve a multitude of obstacles, including fences, ditches and water.

The two most important jump racing events take place in England, although American enthusiasts can watch and bet. They are the Cheltenham Gold Cup and the Aintree Grand National.

Harness racing

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In harness racing, the horse is responsible for the additional weight of a sulky that carries the jockey. In these events, the speed of the horse’s trot or pace is predetermined. If horses start galloping, they are forced to slow down behind the competition.

The top harness race in the world is unarguably the Prix d’Amerique in Paris. The event is truly selective since only an elite of horses is allowed to enter based on lifetime earnings. Riders compete for a prize of up to 1 million euros (about $1,140,500).

Endurance racing

This type of racing tests horses over longer tracks and for longer periods of time. In endurance racing, resistance and longevity are more important than speed. Bettors need to evaluate which horses deliver top performances consistently without fading towards the end of the course. Some of these races are run for hundreds of miles. The longest endurance race in the world is the Mongol Derby, which stretches for a (likely unreasonable) 621 miles. All breeds can participate, although Arabian horses are typically preferred thanks to their incredible energy and perseverance.

Quarter Horse racing


The Quarter Horse racing is not as popular as the events above but still attracts a very considerable number of enthusiasts. In these events, the emphasis is on speed. Horses run for a quarter of a mile or less since the challenge is to produce speed immediately in very short tracks. The American Quarter Horse takes its name from the races it was bred to run. These horses can run a quarter of a mile in 22 seconds, and some of them are faster than the best Thoroughbreds. In terms of betting, the most popular Quarter Horse race is the All American Futurity.

Whether you want to bet or just watch, now you have a bigger understanding of what goes down.

4 of the Fastest Horse Breeds Worth Betting On

Take a look at four of the most spectacular horse breeds in the world.

Thoroughbred

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This breed is able to race mid-length distances. The Thoroughbred is a combination of Barb, Arabian and Turkoman bloodlines. It’s one of the most popular breeds worldwide, especially for racing.

Their overall build is what gives thoroughbreds impressive speed. They are athletic, tall and slim with incredibly powerful legs and hindquarters. Their fierce and hot-tempered nature is what makes them perfect for racing, but is also the main reason why they must go through regular health checks.

Appaloosa

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The Appaloosa’s gorgeous, unique and colorful coat is why many people know the breed. But it is also one of the fastest in the world. It has been through a huge preservation effort. Other bloodlines are now let into the breed to keep improving it. To a large extent, the speed of the Appaloosa is due to the gait, which is consistent, strong and has the perfect length.

Quarter Horse

The Quarter Horse is the ultimate sprinting breed in the world. The name was chosen to reflect the fact that the horse is incredibly fast even over the quarter-mile distance. Some reach 55 miles per hour. This is the most popular breed, with over 3 million registered horses. Their robust build and compact size are the features that allow them to excel at racing. They are also able to perform fast maneuvers impeccably.

Andalusian

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The Andalusian is also known as the Pure Spanish Horse. These horses are incredibly strong and intelligent. Besides amazing speed, this breed also has a lot of resistance and agility. That is why you can find them in both racing and obstacle events. The main reasons for the speed are the defined withers and an impressive chest. The agility comes from the long neck that allows for extended and elevated movements.

Other amazingly fast breeds include the Standardbred, the Akhal-Teke and the Black Forest.

A Brief History of Horse Racing in the USA

Horse racing in the US began in the 17th century when British settlers brought their horses and built the first racetrack in the country. It took quite a long time for the popularity of the sport to spread across the entire nation, but nowadays horse racing and horse race betting thrive in America.

History of Thoroughbred racing

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Not only in the US but all over the world, Thoroughbred racing is undoubtedly the most famous type of horse racing. In fact, it was the discipline that immediately started gaining popularity from the moment the Brits brought the sport to America.

Over 200 years later, in 1868, the official breed registry for American Thoroughbreds was created. It was the main contributor to the sport to finally kick off nationwide. Towards the end of the 19th century, there were more than 300 operating racetracks in the USA.

A few years after that, though, allegations of corruption and a widespread anti-gambling movement led to a drastic drop in interest. In the first years of the 20th century, only 25 tracks remained in operation. But just as quick, horse racing began to flourish yet again. In 1908, pari-mutuel betting was allowed in several states, which revitalized the sport. Despite some declines during the war times, the sport never fell back to the low point it reached during the turn of the century, and by the 1970s it was unstoppable.

From that decade onwards, the Thoroughbred has been getting better and better.

History of endurance racing

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Endurance horse racing originated in the United States in the middle of the 19th century. It was primarily an activity organized to help train both horses and riders. In 1955, endurance racing began as a sport. The inaugural race was a competitive ride across 100 miles of the Sierra Nevada Range.

This particular race still takes place every year and is known as the Tevis Cup. Many other endurance races are also very popular nowadays. In 1972, the American Endurance Ride Conference was founded. It is the body that oversees long distance endurance riding.

Today, in America, various types of horse racing attract a huge number of viewers and bettors.