Horse racing betting is a game that has existed for a long time. The way to play is very simple: players just need to bet on the horse that they believe will win. If the horse the player bets on wins, the player will receive a bonus.
Nowadays, as the Internet has developed, players only need to sit in front of a computer screen and have a bank account to transfer bets to be able to participate in any horse racing betting match they love. wherever they are. Phjoy article will introduce this game and its participants.
Game History
Horse racing has been around for a long time and is popular in countries like Korea, Singapore…
Horse racing betting is a game associated with this sport. It has been around for a long time but is becoming increasingly popular.
Currently, our country has officially accepted this form of play and considers it legal. Because it has just been accepted, this game has not really developed as strongly in our country as in other countries. There are many people who see this game as a job to make money.
Therefore, for some people, this game is a bit complicated and difficult to win.
Instructions on how to play horse racing betting
Below are detailed information about this betting game. First, when participating in the game, players will have to become familiar with some of the following terms:
Win: The player bets on the horse to win.
Place: The player will bet on the horse standing first or second. If the horse the player bets on finishing in the top 2, the player will win a bonus.
Show: Players bet on the horse to be first, second or third. This betting method will help players win more easily than the previous two betting methods.
Quinella: Players bet on two horses that they believe will finish first, as long as those two horses finish first regardless of which one of them finishes first.
Exacta: Unlike Quinella, the player must choose exactly which horse will be first and which horse will be second.
Trifecta: The player must correctly choose which horse finishes first, which horse finishes second, and which horse finishes third.
Superfecta: This is a very complicated and difficult bet, the player must choose the correct position of the top 4 winning horses.
After understanding some terms, players must also understand the betting odds, which help the house determine the amount of money the player will win if they win.
There are 3 popular betting odds: decimal odds, fractional odds, and moneyline odds.
The first is about decimal betting odds. For example, for decimal betting odds of 2.0, if the player bets $2, the player’s bonus will be 4.
Horse racing betting and ways to help you master this game
The higher the odds, the more money the player will win. If the decimal betting odds are less than 2.0, the amount the player wins will be less than the amount the player bet.
The second type of odds is fractional odds. If the odds are 2/1, the player who bets $1 will receive $2 if he wins. The bonus is added to the $1 bet so in total the player will receive $3.
Third is about money line betting odds. Moneyline bets can be a positive or negative number. For example, if the money line bet is +300, the winner will receive $300 if they bet $100.
If it is a negative number, for example -200, the player will have to bet $200 and if he wins, the player will receive about $100 plus the initial bet.
Professional players often rely on their analytical ability to decide to bet. However, by focusing too much on many factors at the same time, such as the situation of the match, the performance of the horse, and their own experience, they will often forget an important factor.
Those factors are the person driving the horse, the road surface or the odds of buying a betting ticket,… because those factors are also an important factor in determining that horse’s ability to win.
EPILOGUE
Horse racing betting is considered an extremely exciting hobby as you watch the horse race while nervously predicting its results. Players will win and win prize money if the horse they choose wins, however if that horse loses they will lose the amount they bet.
