How Much Did I Win On My Horse Bet

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Betting odds tutorial - bookies (bookmakers), exchange (decimal), Asian (percentage) and American (money line). How to get the best odds.

New horse racing betting system that shows you how to Win money at the Racetrack Without Using a Racing Form, special software, or tipster. With much of the sports world. Find the track you want to bet on and the field for the upcoming race will appear on your screen with each horse’s win. Betting on a horse race for the first time — even the first few times — can be an intimidating endeavor. How do I chose which horse to bet? What are all of these options? This video that walks you. Horse Racing terminology can be daunting when you are new to betting. Don’t worry, we have a fantastic guide with everything you need to know about it.

Place and Show bets explained.
If you want a little more leeway than just finishing first then you may want to consider a place or show bet.
A Place bet

How Much Do You Win If You Bet A Horse To Show

wins if your horse runs first or second in the race. So the first 2 finishers in the race are the Place horses. On a place bet you collect if your horse finishes 1st or 2nd.
HowDid A Show bet gives you an even better chance of collecting than a place bet, as a show bet wins if your horse finishes 1st, 2nd, or 3rd in the race.
Now generally a horse pays less to place than to win and less to show than to place. This is almost always the case, but is not always the case. That's because someone could place an extremely large place or show bet on a runner and by this change the odds.
Across the Board Bets
For a beginner, this is probably your best way to go. Walk up to the window and tell the teller that you want $2 across the board on the #4 horse. You just bet $2 to Win, Place and Show on #4. This way if #4 Wins you collect all 3 bets. If he places you collect the Place and Show bet. If he Shows then you still get a little something back.
An across the board bet just means that you want to bet the horse to Win, Place and Show. You could say '$2 to Win, Place and Show on #4' but you will sound a lot more savvy if you tell the teller $2 across the board on #4 instead. You won't look like as much of an amateur either.

How Much Did I Win On My Horse Bet Win


How to read the results board
Below is a typical horse race result, I'll break down how to read it for you.
How Much Did I Win On My Horse Bet
10th race - Gulfstream Park 04/03/2011
#HorseWinPlaceShow
7Dialed In7.804.804.00
5Shackleford36.6015.20
2To Honor and Serve4.20

Ok, in this example the #7 horse Dialed In finished 1st. He pays $7.80 to win for every $2 you bet. $4.80 to place and $4.00 to show.

How Much Did I Win On My Horse Betting

#5 Shackleford finished 2nd. You can win on a Place and Show bet on him. If you were lucky enough to bet to Place on #5 then you get $36.60 for every $2 you bet to place. If you bet to show then you get $15.20 for every $2 you wagered. (this was obviously a longshot)

How Much Did I Win On My Horse Bet Racing


How Much Did I Win On My Horse Bet Belmont Stakes

#2 To Honor and Serve was the show horse. If you bet $2 to show on #2 then you get back $4.20. By Kerry Zangara