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Horse Racing
 

Horse Betting

Horse racing is the king of sports. Betting on horse races has thrilled millions of people for centuries. To place a bet on a horse, you will need to find a reputable track, online sportsbook or OTB. We have researched the online sites for horse betting and have provided advertisements throughout this section to only the most reputable sites for betting on horses online.

Horse Betting


Horse bets are placed based on the numbers that are assigned to each horse by the track where they are running. These numbers can be found alongside the names of the corresponding horses within the race program. If a horse is "scratched", this means they have been withdrawn from the race and no wagers will be accepted for this horse.

Horse betting odds are a rough approximation of how much a horse will pay if it winds the race. All monies wagered on a race are counted and placed into pools. A pool is where all of the money wagered on a particular bet are held  pending the out come of the race. These monies will be redistributed to betting patrons that have wagered on the correct outcome. A percentage of the monies within the pool are withheld for taxes, horseman and racetracks.

The size of the bets are determined by the track where the race will be run. Typically, the minimum bet is $1 for all bets. The odds are computed using the sales (bets) minus government and and handling taxes. Follow the links at the bottom to learn more about horse racing.

 

Horse Racing
 

Horse Betting Article: 5 Habits of Losing Horse Punters

Horse Betting Article: Golden Rules of Horse Betting

Horse Betting Article: Triple Crown Races

 

Horse Betting | Horse Race Bet Types | Horse Racing Glossary
Thoroughbred Tracks in The United States | Harness Tracks in the United States

 

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