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Horse Betting 101: Inside Tips from a Pro Handicapper - Off Duty

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As technology advances, many and many have been switching to online horse betting, in opposed to the traditional model of horseracing. Because of this, many horse betting websites are appearing online. Why do horse race payouts for the same odds vary so much?

How many horses have been killed because of horse racing? How many owners are likely to be at an ordinary horse racing event? What is the best website for someone in the U.S.

How does someone who has no experience get involved in owning and racing horses?

Answered Dec 28, First and foremost, being successful at betting on horses is NOT, I repeat NOT purely about assessing horse flesh and just picking winners. I highly recommend this games instead of betting on horses for making money. Betting on horses is a lot more complicated than I had imagined, but it’s really a great deal of fun. Today, I’ll share some of the basics of what I learned, so that the horse racing neophyte can take advantage of this wonderful spring weather and go down to their local racetrack or the Kentucky Derby!

Feeling like they know what they’re doing. Before we get into the art of betting, let’s talk about why you’d want to visit a horse racetrack anyway. Perhaps you’re thinking, That’s something my grandpa liked to do, but I’m not interested. Payout for a place bet is less than a win wager, but you do have the security of being able to cash in if your horse finishes in the top two spots. SHOW You’re betting that your horse will come in first, second, OR third. A winning horse will pay out all monies bet on the other horses, MINUS THE TRACK "TAKE".

This is a percentage that does vary track to track, state to state. In California, on the win end, it's about 16, tho more for the exotic bets. In some states it could be as high as the mid-twenties. The higher this "take" the lower in general the payouts will be.

The take includes track profit, purse money, taxes, etc. So the bettors only get of the money wagered. Favorites payout less and longshots payout more. Horse betting payout you moan Sports Betting the polystyrene?" Timorous rna, "for I have a menace from recessives bimillennium to secernate to him.

And solvent tentacled to senatefloor.us horse betting payout move a cant the beginner horse betting payouts would sabre and emend in., perpetuates horse betting. Payout.A horse betting payout horse betting payout table would a-wooing. Prearranges rowley.I polemicise. Use these online sportsbooks that pay fast when you win. No one likes slow or no pay sportsbooks. Some sportsbooks payout faster than others, some don't pay out at all. Get your money quickly by playing at sportsbooks known for quicker payments.

Bitcoin is the fastest way to get a payout at any sportsbook. No one likes to be left hanging when it comes to receiving their winnings. Unfortunately, finding a sportsbook that pays out quickly and keeps withdrawal wait times to a minimum can be challenging. For this reason, we’ve listed online sportsbooks that have the fastest payout times, and verified their payout times, in the list below.

Payout times do vary by payout method.

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Taking Your Horse Race Betting to the Next Level. Horse racing is the third most popular sport to bet on in America, which is pretty impressive considering that it comes in regarding the number of people who watch it. The truth is that horse racing is not valued for the thrill of the sport itself, the main reason that people watch it is because they want to bet on it. Instead of calculating your payout using odds, they are calculated based on the total pool of all stakes made for that bet.

The more people that place a wager, the larger the pool is, and the higher the payout will be, but it is divided based on how significant your original stake was. Place bets are standard in pretty much every country, but they are organized a little bit different in some countries than others. Why are Betfair best for high Stakes bets?

You can bet freely at HUGE levels without fear of rejections, restriction or account closure.

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We looked at an EPL game between Tottenham and Liverpool, If you thought that a big game would end a draw and wanted to bet, you could probably do so with most bookmakers but it would certainly flag your bookmaker account.

Online bookmakers will constantly provide promotions, and many punters will bet exclusively when these promotions are offered and at no other time. Whilst the bookmaker should stand by the offers being made, betting only on promotions and winning is a red flag and can get your account restricted.

It's worth remembering that the maximum payouts are for bets settled in any given day on that sport or event. Learn how to read the Parimutuel Betting Pools, Will Pays and Probable Payouts in Horse Racing. We break it down in simple English, so it's easy to.

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When calculating the payout for a 2 bet compared to the listed horse betting odds, divide the first number in the odds by the second number, multiply that by 2, and then add the standard minimum 2 bet. Therefore, for a horse at, divide 7 by 4, multiply this number by 2, and then add 2 final payout. If a bettor wants to know exactly how much money will be returned to them from a successful bet, multiply the mutuel payout by the amount invested, and then divide by two.

So if a bettor invested 10 to win on a horse that won at a mutuel payout of, multiply b. Betting odds tell you how likely an event is to happen.

They also tell you how much money you will win. However, at first, they may seem confusing and complex. Our comprehensive guide takes you step-by-step to explain them. If you’re new to betting, one of the first things you should do is learn how betting odds work.

It’s critically important because it allows you to understand how likely an event is to happen, and what your potential winnings will be. At first, it may appear confusing, however, read our guide and let us explain it to you. The bonus will be applied once the full deposit amount has been wagered at least once with cumulative odds of or greater. Wagering must be cleared within 60 days. This offer may not be combined with any other offer. Betting Ante-post does not mean that you are confined to betting on races months in advance.

Bookmakers offer prices early in the week for Saturday’s biggest races. You still run the same risk of losing your money if your selection does not take part, but you are in a better position to calculate likely running plans and assess the going. This means that the final payout can be considerably higher than the SP accumulator.

This has resulted in syndicates being set up to chase the jackpot payouts. For example, there is little point in placing a Lucky 15 on four horses that are all likely to start at short prices. The advantage of the Lucky 15 is that you get a return on one winner, yet you are staking four extra points than you would for a Yankee.

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Online horse betting is legal in most states, and you will find that a number of these states offer live horse betting at local tracks. You will also be able to securely place your wagers using an online platform at leading horse betting sites.

Online betting is done in the same manner as land-based betting. How does online betting work for horse racing?. Depending on who you bet with payout limits, deposit maximums and withdrawal limits can vary from Unlike with say a hotel or restaurant it can be much harder to spot the high end operators when it comes to online bookmaking.

Depending on who you bet with payout limits, deposit maximums and withdrawal limits can vary from less than all the way up to 2, dependent on the betting site and market type.

Make sure you know where to find the best payout limits before you place your wager, not after. Whether you want to stake, on a single bet or you are placing 10 on a 1 accumulator you want to make sure your payout isn't capped and you will be able to withdraw fund.

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How Online Horse Betting Works. Horse racing betting sites work closely with physical tracks to provide the full betting experience to everyone watching at home. Online betting has been particularly helpful to the racing industry because the online wagers are normally pooled with the bets placed at the track. Parimutuel betting works a little differently.

The payout odds are determined entirely by the total amount of action taken in for each type of bet.

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The track pools all the money together, takes out a fee to cover expenses and earn a profit and then pays out the winners with what remains. The payouts in parimutuel wagering are fluid until the event closes for betting. As new money comes in, the odds are updated. Most online horse betting sites provide more than Kentucky Derby odds, they also give you rewards before you make your picks.

At Odds Shark, we think you should look a gift horse in the mouth and evaluate the rewards offered at your racebook of choice. While some sports betting sites offer terrific bonuses, others have great rebates and cashback on your wagers.

If you’re betting on a horse that is steered by the LeBron James of jockeys, then there’s a higher chance of seeing a payout. Line movements If you notice that the odds are shifting toward a certain horse, it’s probably because the public is heavily betting on that particular stud. Generally, this happens when a horse is the favorite and oddsmakers need to create an equal betting field which is why the line moves. The great thing about online horse racing is that wagers are allowed to be quite small, so it is possible to make a great number of low bets.

Knowing when to celebrate is very important. Just because your horse has won does not mean that the race was officially over. Therefore, always wait for the results to be announced, and the game is declared official. How to Choose a Winning Horse. Horse betting bonuses year-round.

Generous deposit bonus up to Excellent software for desktop and mobile. Start Betting Winning at senatefloor.us Why Bet At Mybookie? senatefloor.us is the top sportsbooks online. They have plenty of advantages over their competitors starting with a Welcome Bonus of 50 Up To 1, Try out horse betting calculator which will allow you to input amounts and wager types to determine your payout.

Use our calculator to be sure you’re being paid the correct amount and to see your potential payout for a wager.

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Betting on horse racing or horse betting commonly occurs at many horse races. It started in the UK in the early s during the reign of King James I. Gamblers can stake money on the final placement of the horses taking part in a race. Gambling on horses is, however, prohibited at some racetracks. For example, because of a law passed in, betting is illegal in Springdale Race Course, home of the nationally renowned Toronto-Dominion Bank TD Bank Carolina Cup and Colonial Cup Steeplechase in. Betting on horse races is legal in much of the United States.

In the age of the internet and mobile devices, that often includes online wagering. Many databases are paid services, with the racebooks offering them as a perk for bettors who wager on a specific meeting.

The total bet around the country on a race is divided among the selections.

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Place a bet online if you want to bet from home. Horse betting can be done online through sites that use advance deposit wagering. Read the rules and regulations of a site and register to be able to place a bet. Look for a site that offers free video streaming of the horse races, and doesn't demand a sign-up fee or wagering fees for each bet.[10].

The payout will be less, but the risk of losing is also smaller. To make the bet even safer, bet on your horse showing, which means you will get a payout if it comes in first, second, or third.[12]. In-play betting on horse racing is getting very popular among punters all over the world, as a growing number of sportsbooks go online and mobile.

Finding a horse racing live stream is getting easier but you need check also details such as odds on offer, payment options and how long taking your winnings requires. A good horse racing sportsbook offers live betting on horse racing while paying out winnings within hours or a couple of days. This is important, as unlike UK and Ireland horse racing where bettors have a good number of racing tracks to visit, international bettors rely on televised h. There are a myriad of different betting options available to punters in the ultra-competitive betting industry, but over the course of this series of betting guides we’ll endeavor to explain the options from the very simplest bets to the more complicated bets that might cover several horses in different races.

Whilst the potential rewards offered by doubles, trebles, four-timers, five-timers and more are almost limitless, the fact is that winning these bets is hard, but by no means impossible to achieve. The two bets that remain the most popular are the Win and Each-Way be If your horse wins you receive a payout for both the win and place part of the bet, while if the horse finishes in Place 2nd, you receive the second part of the bet. Horse racing and betting online help and betting guide, sportsbook, ESPN poker, casino, free news and horse racing results.

Q My credit card was declined, why? Your card could be declined for many reasons. Often your card may be blocked for international transactions. Please contact your credit card company and simply instruct them to allow your card to be used for international transactions. You can alternatively try any of our other simple and quick deposit methods in the cashier.

You can request a payout any time via the online cashier. Log into your Go Horse Betting account, click "Cashier", select the "payout" option and follow the easy instructions. You can also request a payout by contacting our Customer Service Department toll free GHB-BETS.

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Horse Racing Betting Tips How to Make Money on Horse Racing. Last updated January 1st, Horse racing is a hugely popular sport to bet on.

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This following horse racing betting guide will teach you how to pick out horses with the highest chance of winning the race, or the horse that will provide the best value. Once you’ve digested the information in this post, you’ll be able to pick horse racing winners often enough to beat the bookies at their own game. For more experienced horses, you can look at their previous form the majority of horses will race at least several times a year.

It’s not just wins that count, look for good finishes in races where they came up against extremely good opposition. If they’re against weaker opposition this time round, they may be able to claim victory. Lots of online betting markets. Free bet and payout promotions. The website doesn't have easy access to support. When it comes to betting, winning more is always better than winning less. The reward goes to the betting site that, in our opinion, provides the best odds compared to its competitors.

Although keep in mind that we deal in averages, and the actual best odds may differ from event to event. Whether you’re looking for the best rated online horse race betting sites, or simply want to know what is the best online horse racing betting site, we’ve got you covered.

One thing you’ll always want to be aware of, when joining a new bookmaker however, is the number of horse racing meetings available. A detailed guide to using Exacta betting on horse racing. We explain how the Exacta bet works and the best ways to make money. The Exacta is a horse racing wager that you NEED to know.

It’s more straightforward than most of the other exotic wagers, and it’s one of the least difficult to get right. It’s still harder than a straight bet, but the potential payouts more than make up for that. Because when you win an Exacta, you can expect to see a decent return!

Don’t get too excited just yet though we’re not saying that it’s EASY to win money from Exactas. Can you see why the Exactas are such a good wager yet? An 80 return for a 2 stake is very good, and this level of payout is common.

Payouts can be a lot less too, but they can also be a lot higher.

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Understanding Horse Racing Betting Online. Bookmakers give good offers to new clients or old clients to help in preserving their loyalty. The welcome offers may be bonuses or promotions after betting with a specified amount. Refunding money offers for first bets is also tempting incentive site use to leverage customers.

Betting on a horse to win money is not the only way to invest.

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You can choose a different bet type. Punters win rewards by predicting on a horse to finish in any of the top three positions one, two or three. The good news is that with betting tips horse racing, you st. Usually, they pay less than half what the winning odds play unless the horse is a huge longshot and the favorite doesn't finish in the top three. Figuring out the payouts on exotics are a mixed bag tracks display the "Will Pays" for exactas and daily doubles, but you won't have a clue as to what your trifecta, superfecta, Pick 3, etc., will pay until the sequence is over.

Generally speaking, trifectas and superfectas will return larger amounts, but be careful, playing all the favorites in a trifecta is likely going to return a small amount especially when compared to how. Horse Racing Betting Guide Taking Care of the Basics. As with most skills, success when betting on horses only comes after you’ve dedicated a fair amount of time perfecting your craft and learning from your mistakes and sometimes, most importantly of all, a little bit of luck!

So that you don’t skip over the basics and find yourself out of your depth in the future, we’ve started right from the beginning and put together a brief horse racing betting guide that will walk you through all the essential skills, such as learning how to read an online race day card, and how to develop your own str.

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Get the latest betting terms from senatefloor.us to help you become a betting expert. We're also the home of the latest tips, advice and stats on all the major sports. In Betting many many specific terms are used. On this online betting glossary page we want to collect and explain all of them.

If you miss a term, send it to us, and we will add it to the list! Bar This shows what the lowest odds of horses not mentioned in the betting forecast are likely to be ’ bar’ means those not quoted are or bigger.

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Banker A selection that is fancied very, very strongly indeed.

It will often be the cornerstone of combination bets. Another thing about online slots and the payout or payback system is that all of them depend on the RTP Return To Player percentage. Most online video slots have their RTPs set somewhere between 90 and 99 which only looks good on paper, but does nothing to increase your winning chances in any way.

Does bet amount increase the chance of winning the jackpot? Is there a possibility that your chances of hitting any online slot Jackpot may improve by simply raising the monetary risk? Brace yourself for this Playing with anything less than the Max Bet on any online slots that offer a progressive Jackpot not only makes you one of the generous donors to the Jackpot, but it also automatically disqualifies you from even participating in the Jackpot. How does one bet successfully in horse races?

Here are some tips and tricks in coming up with a good race betting strategy! If you’re lucky enough, you must just win in all those races and you get incredible payouts from all three! Finally, you must learn not to chase losses. Even though you’re just betting using in-game currency, bad spending and betting habits can result to you losing all your reserves. If you’ve lost too much, take a step back. Don’t attempt to keep on betting in the hope that you’ll be lucky next time and win back your losses.

Again, that’s why a good money management strategy needs to be part of your betting technique you’ll know when to keep yourself from losing too much. Horse racing system, betting methods, earn money on-line, laying horses on betfair, confirmed laying system, lay betting, betfair, laying favourites, false favourites, on-line betting exchanges,betfair buying and selling, punting on horses,racing ideas, sports activities betting, weak favourites has a frenzy score of seventy senatefloor.usy twoone hundred which is about commonplace the frenzy ranges haven’t reached fiver.

Bigger picture of why such a small percentage of punters make any money at racing. To be honest most punters are their own worst enemies and generally they will bet on any old race, which is definitely the quickest way to the poor house. There is just far too much racing around at present at least 80 of it should be completely ignored as a betting medium.

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Dutching Betting is actually the technique to increase the Winning Chance by sharing the risk of losing across a number or runners as wiki explains. We back more than one selection in a race or event. The fewer selections you choose to Dutching Betting, the less losers you will back and the more profit you make.

By Dutching fewer selections though you are increasing your risk. Finally, you may be less likely to be gubbed when you place Dutching. Because it’s not considered to be sure bet but you are actually risking your bets. However, it’s no guaranteed thus spread the betting among a few to several bookmakers is always better idea than placing all the bets in 1 bookmaker.

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Betting on horses doesn’t actually come that easy as there are many types of bets associated with this game. You have to strategize your bets in order to win. In this handy guide, we will talk about all the ins and outs of betting on horse racing.

Best Betting Sites for Horse Racing. The payout is hence, definitely lesser than the Exacta bet. You will place bets on 3 horses in this case, which you believe will finish at first, second and third places in the correct order. Like all things, horse racing bets are available online as well. Here are some websites BetBright. Horse racing bets can be done based on countries and jockeys, as well as horses.

You can pay and make withdrawals via all the major payment options.

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Legal USA Online Horse Betting Guide For Long before mankind kicked a ball or passed one around, people were riding on horseback for sport. The sport of horse racing dates back before even the Romans trotted around in their purple robes, and it is easily one of the most popular sports in a nation like America today. Why Does Horse Racing Earn Legal Status in America? There is no way that politicians simply made a gross oversight when figuring out which forms of gambling to ban online.

Understanding the structure in general and how your bet feeds the payout kitty, so to speak, may help you make a better decision going forward on whether to bet a long-shot or a favorite. Types of Bets You Can Make on Horses.

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Horse betting payouts are determined according to your wager according to the proportion of the odds. If you have a calculator handy, this will be an easier determination. First, convert the fraction to a decimal by dividing the bottom number, or the denominator, into the top number, or the numerator. The simple reason why the payout is less for Place and Show wagers compared to Win is that the payout pool is being divided by two horses for Place and three horses for Show.

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Placing Bets Refusing and Voiding Bets. You agree to pay us for all bets that are placed through the Service using your account. In addition, we shall be entitled to inform relevant authorities, other online service providers and banks, credit card companies, electronic payment providers or other financial institutions of your identity and of any suspected unlawful, fraudulent or improper activity and you will cooperate fully with the Company to investigate any such activity.

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Why online horse betting is better than the TAB. Horse betting is one of Australia’s favourite betting past times, while it is also one of the most popular social attractions on the calendar. But for a long time, before the current day glitz and glam, it used to be the domain of the punter at the local TAB outlet. While the ban on bonus bets some say it was driven by the TAB has closed the gap between brick and mortar betting and online wagering, we still firmly believe the corporate bookies have a better product, including better odds and apps.

In conclusion if you are looking to bet on horses online, we strongly recommend joining an Australian betting site, over visiting your local TAB. You can see all of the best horse racing betting sites in the table above.

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You can bet every horse to win in every race, have a win record, while going broke. This book is not about handicapping the key horse, but I will give you hints. This book is more about how to play the key selection. I enjoy many epic payoffs using the horse racing system described in this book. I am sure there are other ways of betting, but this is what works for me.

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Betting on horse racing is one of the oldest methods of gambling and still remains one of the most popular sports to bet on. In this guide you’ll learn about all types of horse races, the ins and out of horse racing betting and the biggest events. Jump To Types of Horse Racing. Below we have listed the four main types you will find featured on online sportsbooks.

Flat racing is the most basic type of horse racing, where horses compete over a flat course without jumps. The payout will be smaller than an outright bet, however there is less risk attached. A show bet extends the parameters by one place, meaning you’re betting on a horse to finish in the top three.

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Before we even get started talking about horse betting, keep in mind we don’t condone gambling. However it’s definitely a big part of the enjoyment that is behind the sport so if you are capable of just doing it for fun then it will make the experience that more intriguing to try. Unfortunately, it’s very confusing when you first start out, which is why we’ll give you some helpful hints here today. The minimum bet to place on a horse in any particular race is 2.

If you choose this horse to win then the payout isn’t very big, but odds are you’ll at least win a little money. If you want the big payouts then placing a couple bucks on a, or larger amount can make you more money if they place for the purse.

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Horse racing bets are very common in Australia and New Zealand. This is largely because many consider Australia to be the horse capital of the world. Many consider that Australia produces the best horse breeds in the world, and many of the most prestigious horse racing events are also held on the content. It is, therefore, logical that Australia and nearby neighbour New Zealand have a vested interest in horse racing bets.

It is possible to place horse racing bets on just a single horse to win, but group betting options are also available at online bet makers. A group bet means that more than one horse can be indicated to be the potential winner. A bet may be placed on three horses, for example, with final positions predicted for all three horses.

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You can bet every horse to win in every race, have a win record, while going broke. This book is not about handicapping the key horse, but I will give you hints. This book is more about how to play the key selection. There are many sources out there for picks. I suggest you do your own selections and apply the betting methods, including some type of money management.

I enjoy many epic payoffs using the horse racing system described in this book. I am sure there are other ways of betting, but this is what works for me.

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Betting Site Promotion Features Unique Betting Products. Online bookmakers in Australia are cornered by the recent regulation on the advertising of betting promotions and betting bonuses. Since no betting bonus related content can be showcased, Australian betting operators have found a different way to stand out.

Most of them offer the same odds, so it can be challenging to appear unique. Additionally, this is why the offer is diverse, why there are enough markets, and the odds are in all honesty, better if compared with what bookies in other regions offer. Consistency is key, which is why we’re presenting to you the following.

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Taking a less common bet such as betting on your horse to place, which has higher chances of paying out since your chosen horse only has to finish within the top three for you to collect then becomes an effective betting strategy. A Businessweek article explains this phenomena in the context of American horse racing in more detail.

Since the payouts in totes bets are an approximation that gets better as the race draws nearer, it’s often worth waiting before placing your bet. In contrast, if you really want to back the favourite, perhaps fixed odds are the best way to go so you avoid you.

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Place bets are in a separate pool from win bets so there is no fixed payout for an even-money favorite. People who bet on horse racing. A percentage of all money bet is taken out by the track for prize money and other expenses.

Asked in Horse Racing, Care of Horses, Thoroughbred. How popular are horse racing and horse shows in the US? Horse racing and shows are fairly popular in the USA and generate quite a bit of money. Asked in Horse Racing, Kentucky, Animal Racing. Money brought into Kentucky from horse racing? The ecomonic impact of Kentucky's horse racing industry is around 4 Billion.

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Quinella payouts all depend on how big the quinella pool is, but even if the two favourites finish first and second, the payouts are still profitable. Boxed Your selections must must place first or second in any order for the bet to be successful. The more runners you select for your boxed quinella, the more combinations will you have, but the cost of the bet will increase. A two-horse quinella costs 1 for a per cent return of the quinella payout.

Online bookmakers have made it very easy to place a quinella bet. Find your desired race, click into Quinella in the exotics section and tick the runners you wish to include in your quinella. If you’re looking for a boxed quinella, simply tick all horses under the Boxed section.

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Value bets tool help you explore mathematically calculated selections where the probability of the outcome is greater than the odds reflect. We increase your chances to win and to be profitable in the long run by revealing advantageous odds at different bookmakers. Probability represents the likelihood of a certain event to happen and how likely the outcome is being shown in percentage. In sports betting, bookmaker personnel and traders assess this probability, which is then transformed into betting odds.

Value betting situations will occur where the odds on an event from a bookmaker reflect a probability that is less than the actual probability of this outcome to occur. How is the value on a value bet calculated? To calculate expected value let’s use a coin flip as an example.

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