Horse Racing
Hot destinations of Horse Racing & Betting
Horse racing in Australia
The world famous Melbourne Cup, the so called race that stops a nation has been a great success story attracting international entries. Phar Lap the most famous horse between 1928-1932 carried 9st 12lb(62.5kg) to win the 1930 Melborne Cup. Makeybe diva became the first and only race horse to wi n this cup three times. Paleface Adios & Cardigan Bay are some other household names in australia.
Horse racing in Great Britain
In Great Britain, there are races which involve obstacles (either hurdles or fences) called National Hunt racing and those which are unobstructed races over a given distance (flat racing). GB has provided many of the sport's greatest ever jockeys, most notably Gordon Richards. In GB there are rules that stop the jockey using the whip too much, such as: they are not allowed to raise their whip over their shoulder. This stops them hitting the horse too hard.
Betting Types and Terms
ACROSS THE BOARD:There are 3 ways to bet on a horse to win.
i) The first one is, if the horse wins, the performer collects three ways of winning,
ii)if second, two ways of winning and if,
iii)third, then , only one way of winning.
BOXED BET:Gambling all possible combinations in a multi-horse bet such as exacta or trifecta ( such that the order of the horses of the winning must match with the pre match) BREAKAGE In pari-mutual payoffs which are rounded out to a nickel or dime, those pennies that are left over. Breakage is generally split between the track and state and, in some cases, breeding or other funds, in varying proportions.
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So do you make that bet?
Go into the betting ring and 'shop around' by looking at the boards on which the different bookmakers will be displaying the odds of each horse. Each bookmaker will advertise the minimum stake he will accept, and you will soon find one happy to take even a very small bet.
Say you want to have £5 to win on your fancy. (Having the right money helps speed things along.) Most bookmakers have him marked up at 6-1, but one has him at 7-1, which seems to you to be a good price.
Go up to that bookie and ask for '£5 to win on your fancy'. The bookmaker will then give you a slip which details the name and number of your selection and your potential returns should the horse win. If you have placed an Each-Way bet the slip will also detail your returns should the horse be placed. The slip will also have the bookmakers name printed at the top. If your horse wins take your ticket back to the same bookmaker who will then pay you your winnings.
Betting in a racecourse betting shop (some courses have more than one) is very similar to placing a bet in your local betting shop. You can have a variety of bets (including combination bets such as doubles and trebles) at much smaller stakes than a ring bookmaker would appreciate. You can also bet at the day's other meetings and other events including sports and numbers betting.
Top Tip: Never throw away what you might consider a losing bet until the 'weighed in' signal has been given as results can sometimes be amended.
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