Horse racing is among the oldest bureaucracies in the United States. Thanks to technological advancements, this can be done online.
Casual sports enthusiasts are probably only familiar with big-name races like the Kentucky Derby, Preakness Stakes, and Belmont Stakes, but horse racing takes place year-round.
Do you need to get started in horse racing but don’t know where to start?Here’s a quick advisor on how to bet on horses online at FanDuel Racing.
FanDuel Racing has a generous offer for new players who need to wager on Preakness Stakes. You can choose between those two options.
First $500 bet without sweat
Effortless $20 First Bet
Thermal Baths and Conditions of Application.
Before you get started with Array, it’s vital to know how the odds work.
FanDuel Racing uses fractions, an odds format used in horse racing (i. e. , 5/1 or 13/2).
You’re probably more familiar with America’s odds. For example, odds of 5/1 equal odds of 500. In any case, you can also win $500 profit with a $100 bet.
Similarly, a horse with a score of 13/2 has a score of 650.
As usual, the favourite of a race will have the lowest or shortest odds.
The odds of your bet will be what they were at the time of the start of the race, regardless of what they were at the time you placed your bet. So if you bet on a horse with odds of 9/1 and if that odds are 7/1 at the start of the race, then your bet will have odds of 7/1.
This is another one of the classic sports bets.
Now that you know how horse racing odds work, you’re in a position to start betting. Let’s take a look at the other types of horse racing betting, let’s start with outright betting.
There are 3 main bets on the outright:
The simplest way to bet on horse racing is simply which horse you will win. Think of it as a Moneyline bet where you bet on which team will win. In horse racing, this is called a “win” bet.
You can also bet on a horse in first or second place, which is known as a “place” bet.
An exhibition bet is a bet on a horse that will end in the most sensible 3. These bets have lower odds and payouts than a “winning” bet, as they are more likely to happen.
You can also mix several bets in a row. You can bet on a horse’s win, position, and presentation, or any combination of those outcomes. Betting on a horse to reach 3 is called an “all tier” bet.
The merit of accumulator bets: Unlike a bet, you don’t want all the factors of the bet to succeed. If you bet on a horse to win/show and show but don’t win, you will still win a payout for the display. component of the bet.
If you need to get more creative, exotic bets are possibly for you.
A common type of exotic bet is the precise order of arrival:
Choosing the right order of finish is more difficult, so those bets have higher odds and payouts than basic simple bets.
You can reduce some of the threat of those bets by turning them into a “box” or “key” bet.
A cash bet covers every conceivable combination of your bet. So, if you’re boxing in a winning trifecta, your bet is still a winner as long as you correctly pick the horses that end in the most sensible 3, even if you’re wrong. in order.
A key bet is to decide the winner of the race and a combination of horses that will finish it off. You want to find the right winner to win, but you just want to have the right horses (not the right order) for second, third, and/or fourth place.
FanDuel offers other features for horse racing depending on your status.
You can use FanDuel Sportsbook for horse racing in the following states: CO, IL, IN, KY, LA, MA, MD, MI, NY, OH, PA, VA, WV, and WY.
These states require you to download a separate FanDuel Racing app for horse racing: AR, CA, CO, DE, FL, IL, IN, LA, KY, MA, MD, MI, ND, NH, NY, NM, OH. , OR, PA, RI, SD, WA, WV, WY and VA.
You can also bet on FanDuel affiliates, TVG and 4NJBets, on horse races in the following states:
Photo via Vince Caligiuri/Getty Images
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