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Horse betting online is a great way to find betting lines on horses. Navigating through online horse betting websites can be difficult. Especially if you are an American player. Good thing, the world is morphing into a more online, electronic interface. Making online horse betting easier to navigate.
Betting Online on Horse Races
- If you do not want to place this wager or would like to make changes, simply click the “Go Back” button. If you would rather place your bets through our call center, call our Horse Racing Department toll-free at 1-800-991-2381. A wagering clerk will be available to take your call. The clerk will ask for your account number and password.
- However, in horse racing, you can place a Pick 3 parlay bet that counts as one bet. You don’t technically have to construct it yourself, as you do when you’re betting on conventional sports. For example, if the track you are betting at begins Pick 3 bets at $1, you can bet on the winner of all three races, but you only have to wager $1.
Horse betting online took rise in the 1980s. Before that horse gambling had to take place on the tracks. As the internet developed, so did online betting horses. Now, almost all major race tracks have their betting platform. Allowing bettors to place live bets from anywhere in the world.
Because of the variety of betting websites. Serious racebooks will use incentives to catch your attention. These sites won't hesitate to match your first deposit by 50 or 100%. Encouraging you to place better or more bets.
Advantages of betting online
Betting online is a convenient way to bet on horse racing. It can be done anywhere, and at any time. If you schedule doesn't allow you to make a trip to the track, online is perfect.
- Betting online can earn you bonuses and rewards not offered at the race track.
- It gives you the freedom to be more selective on what you bet on.
- It allows you to analyze past performances to select the winner.
What are the best online horse betting sites?
Finding the best horse racing gambling site is a personal choice. Everyone has a different incentives that attract them. Every betting website will offer different bonuses and rewards.
Place Horse Bets Online For Free
Make sure you bet on the Kentucky Derby. That's because betting on the Kentucky Derby is a great way to get a good return on investment
Here, are the best online horse racing betting sites, based on research:BovadaIntertopsBetOnlineMyBookieSportsBetting.ag
So how do you place bets online?
- Sign up, or log into your favorite site
- Select the race you wish to bet on
- Place your bet. This is where you can choose to do a single wager or an exotic wager
- Pick how much you want to bet
- You'll get a confirmation
- Watch the race.
Is horse race betting Legal in the US?
The the instatement of the Unlawful Internet Gambling Enforcement Act in 2006. It stopped Poker, Casinos and Sportsbooks from accepting US wagers. However, Horse racing betting sites got a carve-out.
They did this by only allowing pari-mutuel pools. This loophole allows any state to place an online horse racing bets
Is US horse betting legal online in my state?
38 states allow bidders to place online bets for horse races. They are:
- New Jersey
- New Hampshire
- New Mexico
- North Dakota
- New York
- Rhode Island
- South Dakota
- West Virginia
Online horse racing betting is a great way to get your bet out there. Allowing even a bettor with a business schedule to place a bet. Doing your research to the find the right website for you. Will help you get the most rewarding experience. Allowing you to thoroughly enjoy betting horse racing as a rewarding past time.Bet on Horses
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BUSR is the best site to bet on horses. Why? Because, all new members will get up to a $500 bonus for joining and you can also qualify for an extra $150 bonus!
Horse Bets Wikipedia
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Place - Your horse must come in first or second.
Next to the win bet, the Place wager is one of the oldest and most traditional. With a place wager, your horse must finish first or second. The wager pays the same whether your horse wins or not.
Place and Show bets are much more conservative , as you are giving yourself room for error since your horse can finish first or second, or first, second or third in case of show. However this means that the payoffs are a bit lower since you are sharing the place payoff with another horse or two. They are are most commonly used along with other wagers, such as 'win and place', 'across the board' or 'win, place, and show', or 'place and show'.
Place payoffs and results
Place payoffs typically pay between $3.00 and $10.00, but can pay more with longshots and less with overwhelming favorites. Since the money you win in a place bet is generated by all of the money bet on the losing horses, the more horses in the race the greater your chances for a larger place payoff.
Reading the Tote Board
One important distinction is that the Place pool is an entirely different pool than Win. This means that horses may be bet differently in each of the pools. In a place wager, because you don't know which other horse will place, it is difficult to predict your potential place payoffs. But, by comparing the place dollars to the win dollars, you can check the percentage of dollars on your horse to place.
For example, looking at the #1 horse below, we can see that he has approximately 10% of the win pool, with $2,011/$20,000 = 10%. If we use the Win odds to as a yardstick, we would expect that the #1 would have about 10% of the Place pool bet on him, or $1,000 of the $10,000 Place pool. However, we can see that #1 has only $622 bet to place, or closer to 6% of the pool. This means that the #1 is paying better odds in the Place pool. The #1 is 8-1 to Win, but he is being bet like a 14-1 in the Place pool and will pay more accordingly.
This is like bargain shopping, when we get the value of a larger payoff when it 'should' offer a lesser payoff. The 'should' is based on the assumption that the Win odds are more correct that the Place odds. This is a logical assumption, however, since the Win odds are easier to see and more attention is paid to them, it is more likely that the Win odds are a truer reflection of the horse's chances. Keep in mind that if the #1 wins he will still pay more to win than to place (because Place has to be divided with another horse), but the #1 is a good value in the Place pool. In this case, it might make sense to bet the #1 only to Place.