Monday, January 18, 2010

ARTICLE FOR SALE BETTING AT THE TRACK AND ONLINE - BOTH ARE FUN

Betting At The Track and Online – Both Are Fun

There are many theories about how to bet on horse racing. Simply picking a name on a program at the track is not at all scientific. However, it is a lot of fun. Some people, opposed to gambling, believe you have as much chance at winning that way as you do analyzing the horses’ history of wins and losses.

Picture long lines of people anxiously studying the programs and/or newspapers while they wait in line to place a bet. Those who wait till the last minute may arrive at the betting window too late to pay their money and get their ticket.

After each race you would see a long line of the winners excitedly waiting to collect their cash. That window stays open till every winning ticket is paid off. The floor is strewn with losing tickets disgustedly torn in half and scattered. This atmosphere at the track is one of great emotion. Some are anticipating a win, some are recovering from a loss and still others are spending their rent money chasing the dream of big money.

This fun and excitement can be enjoyed when you learn how to bet on horses at an online site too. There is still the thrilling moment of hope before the race begins. There is still the disappointment after a loss. The highs and lows and hope all exist at an online betting site just as they do in real life visits to the racetrack.

A bet is a bet is a bet? Oh no, it isn’t that simple. You can put down your money to win, place or show. A win is first place and of course pays the most; a place is second and you would think paid the second highest amount; show is third. The amount varies depending on how many bets were placed, whether the horse was a “sure bet” meaning it was likely he would win, or a “long shot” meaning the few winners who took a chance would reap a high payoff.

It takes a statistician to explain these odds satisfactorily in-depth and/or to make the average layperson understand. To the average person, the odds are simply number of bets placed on each race, number of dollars bet, and a few other variables. When you choose the hobby of online betting you must learn how to bet on horse racing according to the rules of the website you use.

There is jargon (words and phrases specific to any profession or activity) connected to the study of how to bet on horse racing. Just like at the track, you don’t simply win or lose.
You place a bet to win and are paid off only if your horse comes in first. You place a win/place bet, which pays you if your horse comes in either first or second. A win/place or show bet is paid when your horse comes in first, second or third. You can use your newly acquired jargon and bet on your horse “across the board.” You win if your horse comes in first, second or third. This is, of course, the same as a win/place or show bet, it is just so cool to say it that way and adds to the fun.

The betting opportunities don’t stop there. How to bet on horse racing in other ways is possibly even more exciting. It is also more difficult to win because there are more requirements to achieve a payoff.

Figuring the odds of winning and learning how to bet on horse racing when placing a wager on the trifecta, superfecta, quinella or exacta are complicated. You have less chance of winning because you have to select more than one horse in the correct order. For example, the quinella requires you to pick the winning horse in the first race and the winning horse in the second. Each horse can come in first in either race one or race two. For example, “Runsalot” comes in first in race one and “Ladylove” comes in first in race two, or vice versa.

You can have great fun trying to win the trifecta, the superfecta or exacta. You may want to gain a little experience with the easier bets and familiarize yourself with how to bet on horse racing first. As you will soon learn, there is great fun and excitement, BUT, there is no such thing as a “sure thing” and no such thing as a “sure winner.” There is only a “sure opportunity” to have a good time learning how to bet on horse racing.

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