Horse Racing Futures
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Horse Racing Future Bets
Betting on horse events that happen in the distant future is something that bookmakers are very cautious about. There are many factors that make this practice very risky. Horse Racing Future odds are odds provided on an horse event, well ahead of that event taking place.
In Horse racing, most future bets involving predicting the winner of the biggest races of the year, such as the Triple Crown or the Breeders’ Cup. You can also place individual bets on the three legs of the Triple Crown – Kentucky Derby, Preakness Stakes and Belmont Stakes.
Horseplayers are advised to shop around, as the prices can vary greatly from the different Racebooks and in Las Vegas.
Don’t forget with future wagering there are no refunds on scratches. If your horse fails to make it to the big dance, you can rip up your ticket before they even open the gate.
Make sure you look for value with future wagering. If you are going to invest part of your bankroll several months in advance, make sure it is worth the wait.
Horse Racing Future Explained
A Future Bet is easy to place because all you have to do is place your money on the horse you believe will win the upcoming race. The Futures odds for the race can come out weeks or even months before the race is held and the odds can change sporadically up to race time depending on the current form of the horse.
Odds offered are usually higher than they are closer to race day, thereby providing an excellent return on successful bets. The risk is that if a selected horse is scratched, the bet cannot be refunded.
Futures bets are similar to proposition bets. However, bets are taken much further in advance. They are a bet that serious bettors will make if they are confident of the outcome.
Paradoxically, they are also a fun bet for the risk factor, and the fact that there is a lengthy time line between when the bet is taken and the event runs.
To this end, the money placed on such a bet is tied up for that length of time. Effective management of the bettors’ purse therefore would depict that futures betting use small wagers.
Additionally, such bets are best made when there is a little extra cash available. Futures bets can be extreme. If, for example there is a major race event held once a year, a futures bet could be on the outcome of the following year’s race.
| Horse Betting Events | |||
|---|---|---|---|
| Kentucky Derby | Preakness Stakes | Belmont Stakes | Breeder's Cup |
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