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      • The win bet should be the key bet, especially for newcomers. Takeout (the amount of money that goes to the track that is not returned to bettors) for win, place, and show bets is less than most exotic bets. Most importantly, don’t bet two or more horses to win in the same race.
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  2. Sep 11, 2023 · Having a strategy turns that gamble into a calculated risk. In this guide, we’ll dive into the world of horse racing bets. You’ll learn how to analyze a race, apply proven strategies, and even discover the best bet for return on investment: the exacta bet.

  3. From there, try out these popular strategies: 1. Backing Longshots. With betting, the best way to potentially increase your wins with a small bet is to bet on a longshot. Now, while the physical act of betting on a longshot is easy, the horse racing betting strategy behind it is not.

    • Dutching Horse Racing Betting Strategy Explained
    • 80-20 Horse Racing Betting Strategy Explained
    • Laying The Favorite Horse Racing Betting System Explained
    • Pick 3 Horse Racing Betting Strategy Explained
    • Show Bet Horse Racing Betting System Explained
    • Trifecta Horse Racing Betting Strategy Explained
    • Do Horse Racing Betting Strategies Work?

    Dutching is perhaps the most popular horse racing bet strategy for beginners because it enhances your chance of winning a bet.

    The 80-20 is an evolved form of Dutching and is the best betting strategy for horse racing when it comes to covering your back. The idea is to split your total stake between two horses, but weigh 80% on one and 20% on the other.

    Laying the favorite means you’re betting against a horse to win. It’s a strong alternative to betting on other horses. You’re likely to lock in a good price, because the favorite’s odds will be the shortest. However, there is a bigger risk involved.

    Placing a Pick 3 bet involves selecting three horses from three separate races to win. Your bet only pays out if all three horses finish first. It’s a step up from a Daily Double and one of the least complicated multiple bets available. It can also prove very, very profitable.

    Show betscarry the least risk in horse racing and are the ideal first wager for new players. These bets are easy to make and it’s not necessary for your horse to win in order to secure profit.

    Trifectasare one of the most difficult horse racing betting strategies. The aim is to predict the first, second, and third-place finishers in the exact order. This is no easy feat and even the pros struggle to do this. However, the profit margins are so good that many bettors rely on trifecta strategies to drive their winnings.

    Using a strategy when betting on horse racingdoesn’t guarantee profit, but it can help improve your chances of winning and reduce your exposure to risk. Trying out different systems and wagers, from Dutching to Show betting, will give you the opportunity to see what works best for your betting style and budget. Whether you’re a beginner or an exper...

  4. Apr 30, 2024 · Picking the winner of a race is the most basic of horse racing bets, but there’s a large menu of horse racing odds options to choose from. Join us as we break them down below. Types of...

  5. May 1, 2024 · Jen Geoghegan. Understanding the best horse racing betting tips can really help when you place your wagers. We’ve put together the top strategies and tips, to help you understand how to bet on horses successfully. From horse classes to running styles, and our recommendations for the smartest bets, we’ve got you covered.

  6. Apr 30, 2024 · Straight Wagers: Win, Place, Show Betting. The basic or “straight” wagers newcomers generally become familiar with upon their first exposure to horse racing are Win, Place, and Show. Historically, all three required a minimum bet of $2, but these days they can be had for a minimum of $1 in most places. Here’s a closer look at the three wagers.

  7. May 22, 2020 · Gambling. May 22nd, 2020by Mike Curry. Penelope P. Miller/America's Best Racing. If you plan to make a long-term habit of handicapping and betting horse races, you’ll gradually realize that it’s an endeavor that challenges you to constantly learn and adapt. Such is the nature of gambling against your peers in pari-mutuel wagering.

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