Gamblers Palace Horse Racing section gives an introductory of how to bet on horses.
Throughout this introductory, you will find definitions of important horse betting rules and limits.
The main object of betting on horses is to beat the 'Oddsmakers' or the 'Odds Compilers' and win some extra spending money.
Additionally, placing a horse bet on your favorite horse racing event makes it a lot more exciting and more enjoyable.
The popularity of online horse betting has increased dramatically over the past few years. Nowadays, bettors can choose horses from the comfort of their own home, and the online bookmakers are often better than the traditional ones.
The excitement of horse race betting is generally amplified only a few times per year, when the hype of the Triple Crown races dominate the headlines.
The Kentucky Derby odds bring the initial excitement in May, which is followed two weeks later by the Preakness Stakes and then capped with the Belmont Stakes in June. These are the three premier horse races each season and can turn into a lucrative proposition for horse betting winners.
Whether you are a bigger fan of gambling or the horses, these events combine the two seamlessly. Betting on horse racing brings an excitement that is tough to match, as the race is filled with intensity from start to finish as the lead changes hands multiple times.
|Rank||Review||Sign Up Bonus||Bonus Code||Rebate||Mobile||USA||Score|
|1||Bookmaker||100% up to $300||GP100||8%||Yes||Yes||100|
|2||BetDSI||100% up to $500||GP300||8%||Yes||Yes||100|
|3||5 Dimes||50% up to $200||N/A||9%||Yes||Yes||100|
|4||Bovada||50% up to $250||N/A||5%||Yes||Yes||98|
|5||BetCRIS||20% up to $500||GPC25||8%||Yes||No||100|
Horse races take place daily all across the world, so the Triple Crown isn’t the only time that the wagering can be done. It’s hard to make the daily commute to a nearby race track, and even harder if there is not one in a gamblers vicinity. That’s where a variety of websites come in, as they make it easy to wager on the races without actually being there.
Horse betting is a big business, and horse racing fans can bet online, view live horse racing, survey the results and maintain online betting accounts for future wager. Additionally, some sites not only offer live racing, but replays, as well. Some online sites feature rebates on every wager you make as well as sweetheart racing bonus offers that can double your deposit, which are more reasons why horse betting online continues to become more popular.
The key to successfully betting on horses is to have all the pertinent information on upcoming race. Once the choices have been made, bettors can win big on horse racing action in our approved, secure online racebooks. Our top horse betting resources include live horse racing odds, a list of tracks, the latest Triple Crown news as well as Breeders Cup information.
Before selecting a horse racing site to use for online gambling, it’s important to understand any fees that come with opening and maintaining an account, how much money is needed to maintain the account, and the available credit card options for depositing funds. Once those have been researched, figure out which online sites give the best bonuses and then pick the best service for your needs.
If you are new to online horse racing wagering, we’ve done that work for you. It’s important to note that some bets are known by different terms, depending on your location worldwide.
Betting On The Favorite: The favorite is the horse with the lowest odds or the one on which the most money has been wagered. Favorites win approximately one-third of the time. Even though picking the favorite may end up being the correct call more than an underdog, it is not necessarily a sound betting strategy as favorites can pay very little.
Horse Selection: Many bettors believe it’s smart to only bet on horses that have won races before, because they have proven themselves capable of completing the task. Watch out for horses that have recently moved up in class. Many times, they are promoted prematurely and won’t be able to compete with the more seasoned horses.
Horse Track Condition: When the track is slow or heavy, the horses that start fast have a distinct advantage. Slow, muddy and heavy track conditions usually favor the horse that takes an early lead.
Trainers and Jockeys: The human factor is one that cannot be overlooked. Some trainers do well with 2-year-olds while others are particularly adept with horses shipped in from long distances. Some jockeys seem to ride better on the front end while others are better known for their come-from-behind style. This type of information will give a bettor a built-in advantage before the race begins. It’s a good idea to constantly peruse the standings to be aware of the leading trainers and jockeys.
Thoroughbred Breeding: Breeding is an inexact science, but a careful study of pedigrees can enhance a bettor's chances in horse race gambling. Some horses are bred for pure speed, while others have inherited stamina and can run long distances. Other horses are specifically bred for grass racing, so it’s good to know what horse you are betting on going into the race.
Horse Condition: Condition is a difficult handicap to properly assess. It takes into account the overall fitness of a thoroughbred and how prepared it is to run a particular race. The date logs of the horse’s recent workouts and races should help ascertain the horse’s current condition and how he will be affected. If a horse is racing for the first time in a month, a steady pattern of workouts is a good indication that he is in top shape to run at optimum capacity.
Track Distance: Through either breeding, conformation, running style, or training techniques, horses generally do better at certain distances. Few have the versatility to handle both short and long races effectively. Even if a horse is a proven competitor throughout his career, it’s important to note the distances of those races, because it could be a different story depending on the race length. If a horse has consistently performed well at the distance a gambler is wagering on him, it should be a confidence boost because of that track record. On the flip side, horses running at new distances are hard to peg, because the lack of previous evidence makes for an uncertain race.
Horse Racing Specials: Off Track Racebook Bonus
Breeders Cup Odds: Live Horse Racing Odds
Horse Racing Help: How to get Racebook help
Racebook Rules: Horse Betting Rules
Horse Race deposits: View Horse Betting Deposit options