The ever-burgeoning industry of horse race betting has its roots in antiquity. Modernization has exponentially accelerated its growth, popularity and mass marketability. Not only is wagering on the outcomes of horse racing a terrific way to bide one's time; it is very rewarding especially to the more experienced punters.
Countries have various wagering forms. Two of the more well-known ones are pari-mutuel and fixed-odds betting. With regards to the former, the final payout is only determined when the pool is closed which usually happens concomitantly as the event commences. Once the winner is decided, the commission of the gambling agency is initially deducted from the pool with the remaining amount being apportioned to those who wagered in support of the said outcome. On the other hand, the pay-off with regards to the latter is determined at the time the bet is sold.
Regardless of which betting form is practiced in your locality, it is extremely difficult to predict the result of these races. Nonetheless, punters do benefit from taking calculated risks in order to avoid heavy losses. Horse selection is pivotal to making profitable bets.
Most experts seem to agree that it's good to examine the contender's dossiers or to attend the Parade Ring. Apart from a horse's record of wins, enthusiasts must note its overall condition and notice for tell-tale signs. For example, horses that are alert and not easily agitated tend to be more successful in the race, as do those that have a more relaxed gait and forward pointing ears. It is also important to determine if the horse performed well in previous competitions that had a similar distance and turf category as the current one. It is because contenders often perform better when racing in the same conditions.
Several online betting sites have aggregated insider information and opinions from horse race betting pundits. Although access to these websites often comes at a fee, it's a great place to learn the ropes prior to going to the course. As with any gambling activity, it's important to bet sensibly. If you must play, decide upon three things at the outset: the rules, the stakes, then when to stop.
Countries have various wagering forms. Two of the more well-known ones are pari-mutuel and fixed-odds betting. With regards to the former, the final payout is only determined when the pool is closed which usually happens concomitantly as the event commences. Once the winner is decided, the commission of the gambling agency is initially deducted from the pool with the remaining amount being apportioned to those who wagered in support of the said outcome. On the other hand, the pay-off with regards to the latter is determined at the time the bet is sold.
Regardless of which betting form is practiced in your locality, it is extremely difficult to predict the result of these races. Nonetheless, punters do benefit from taking calculated risks in order to avoid heavy losses. Horse selection is pivotal to making profitable bets.
Most experts seem to agree that it's good to examine the contender's dossiers or to attend the Parade Ring. Apart from a horse's record of wins, enthusiasts must note its overall condition and notice for tell-tale signs. For example, horses that are alert and not easily agitated tend to be more successful in the race, as do those that have a more relaxed gait and forward pointing ears. It is also important to determine if the horse performed well in previous competitions that had a similar distance and turf category as the current one. It is because contenders often perform better when racing in the same conditions.
Several online betting sites have aggregated insider information and opinions from horse race betting pundits. Although access to these websites often comes at a fee, it's a great place to learn the ropes prior to going to the course. As with any gambling activity, it's important to bet sensibly. If you must play, decide upon three things at the outset: the rules, the stakes, then when to stop.
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