HORSE RACING GAMBLING TIPS
Bet only on horses you feel have a good chance of winning.
If you don't like a horse, don't bet on it.
Give preference to winners. Choose a horse that has won before.
Avoid betting on a horse that has just moved up in class.
Look for value odds as much as likely winners. If you keep looking for them, you will learn to spot them fairly quickly.
Look for a horse that has a fair chance of winning and is not overly backed. This is usually a good value bet in the long run. On odds of say, 10:1, you need to win once in ten attempts to break even. Anything more is net profit. Horses backed heavily by touting services and computer handicappers may win more often, but are usually poor value bets.
When the track is slow or heavy, give preference to fast starters. Slow, muddy and heavy track conditions usually favor the horse that takes an early lead.
A straight bet is simple, manageable and not too difficult to win. Play it but always weigh up the odds. Avoid favorites and long shots (outsiders) too. Be selective - don't bet on anything or everything.
When betting straight, consider betting to win and show, or each-way, if the odds are relatively high.
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TRIPLE CROWN RACE DATES AND EVENT LOCATIONS
May 4, 2019 - Kentucky Derby -
May 18, 2019 - Preakness Stakes -
June 09, 2018 - Belmont Stakes -November 2-3, 2018 - Breeders Cup - Churchill Downs
(WIN) At odds of 2-1 or higher, bet to win.
(PLACE) At odds below 2-1, bet to place, but not to show.
An underlay is a overbet horse. NEVER BET ON UNDERLAYS!!
Odds higher than they should be, based on horse's chances of winning. Basically an overlay is an under bet horse. ALWAYS BET ON OVERLAYS YOU THINK HAVE A GOOD CHANCE TO WIN!!
NOTE: Anytime you like an overlay and and underlay, or a good-price horse and low-price horse in the same race, bet the overlay.
THREE DO'S AND DON'TS IN EXACTA BETTING.
The important point about Exacta wagering (betting horses will finish one-two in the exact order you bet them) is to use positive strategies that will pay off better the more frequently you play.
1. Don't bet favorites below 2-1 on top.
2. Don't box pairs of ling shots, which means horses at 11-1 or higher.
Instead bet both horses to win.
3. Don't bet baseballs, taking 3 horses and betting every possible combination to come one-two, total of 6 combinations.
Note: If you bet a low-price favorite on top, do not use the second and third betting choices on the bottom.
1. Do bet the favorites on the bottom.
2. Do box pairs of medium-priced horses, such as 8-1 with 6-6.
3. Do bet long shots on top of favorites, but also bet on the long shot to win.
4. Do make sure you have a two to one ratio with the of what picks your are using.
HOW TO WAGER ON MY SELECTIONS
If odds are 5/2, 3-1, 7/2, 4-1, 9/2, 5-1, and 6-1, wager to WIN and PLACE. For every WIN unit ($1 bet) bet three units to place. NO SHOW WAGERS
If odds are 7-1, 8-1, 9-1, 10-1, 11-1 and 12-1, wager to WIN, PLACE and SHOW. For every WIN unit wager three place units and three show units.
When odds are 13-1 and higher wager two units to place and five units to show for every win unit bet.
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