Must Know Tips About Horse Racing Betting
By Dalvin Rumsey
When speaking of determining a racing bet, there are few things a regular person can say. It is not a commonly known thing, so this is why only the people who take the time to learn all that can say something about how to calculate a racing bet. But as soon as you have learned that, you will have a better understanding of betting on the horses and also more chances for bigger wins.

The first thing you need to set straight is the amount of money you could win and how much you need to bet to win it. Well, 10 -1 means you could win $10 for each $1 wager you place and 5 - 5 would mean you could get a $5 profit for ever $5 bet. So do the math yourself!

Remember though that the odds must be rounded off, so the minimum bet is $2 and the payoffs are rounded to the nearest five or ten cents.

If you want to determine a racing bet in terms of exact odds, the win pool and as well as the amount of bets placed on the particular are very important things to know. A win pool is the entire amount of money wagered on all the horses being raced.

Intangaroo draws off in the Ballerina Stakes
She rallied from far back to win by 2 3/4 lengths over Miraculous Miss and Sugar Swirl at Saratoga. Get the results, chart, and photos here.
Colonel John wins the Travers Stakes
He got the lead in the stretch and held off the late close of Mambo in Seattle with favorite Pyro a distant third to win the mid-summer derby at Saratoga. Get the results, chart, and photos here.
Travers Undercard Stakes
Visionaire won the King's Bishop (G1), Shakis came on the far outside to win the Bernard Baruch (G2) for the second time, and Porte Bonheur upset in the Victory Ride (G3). Get the results, chart, and photos here.
Ginger Punch gets the nod in the Personal Ensign Stakes
She just got up to win by a nose over Lemon Drop Mom at Saratoga on Friday. Get the results, chart, and photos here.
Wait a While repeats in the Ballston Spa Handicap
She won by a length over late closing Carriage Trail and Rutherienne. Get the results, charts, and photos here for this plus two undercard stakes.
Summer Patriot romps in the John's Call Stakes
He ran away to win by 7 3/4 lengths over Taconeo and Codeword in the 1 5/8 mile turf race at Saratoga. Get the results, chart, and photos here including race namesake John's Call who led the post parade.
Alabama Stakes and Sword Dancer Invitational
Saturday at Saratoga, Proud Spell held off Music Note to win the Alabama Stakes (G1) while Grand Couturier won the Sword Dancer (G1) for the second straight year over late closing Better Talk Now. Get the results, chart, and photos here.
Mister Big dominates the Canadian Pacing Derby
He drew off to win the $702,000 race at Mohawk over Western Shore and Eagle Luck. Get the results, chart, and photos here plus Thumbelina the world's smallest horse.


So, knowing this key factor, you can figure out the take and subtract that amount from the total pool. Then you should subtract the amount wagered on that particular horse. This will let you know the amount of money that will go to winners. In the end, you have to divide this amount by the amount of money wagered on your to get the best odds.

The following step is to actually place a bet on a and the easiest way of placing a bet is a straight bet. This means that you bet on whether or not the chosen will Win, Place, Show. I’m sure I’ve got you all confused now. Well, when you place a bet of win, it means that you expect the to come in first place. The Place or Show bet means however that you think that the will come in second for Place and third for Show.

There are several other kinds of bets that can be placed. To name just a few, there is the Across the Board bet, saying that you hope the comes in at any of the three and the Quniella, which says that the horses are to come in first and second in any order.
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