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Betting the Ponies

It Is Impossible To Get a Return Every Race

Maybe you missed the comment previously but it was this, “I do not bet on every race and sometimes only on a race that tickles my fancy.” I realize many of you use a day at the track as an entertaining outlet and want something going on every race. In my youth that was very important. As the years passed and the losses mounted, it was obvious that it was impossible to get a return every race.

The lure of the daily double was the only “exotic” bet in those days and when the “exacta” entered the scene for a few races each card, the floodgates opened. The potential of big pots is what most attracts fans to the windows. There is every type of daily double, trifecta, exacta, and pick 6 to warm the heart of every player.

That is why you should take advantage of the Free bets that some places offer. Use this site to get last year.

Do Not Bet Trifectas

I do not bet trifectas. If only one horse is a stand-out, I’ll spread my bets over win and place. If I like a horse to win, I sure think he’ll place. Watching the tote board allows me to spread my bets, so as to take advantage of the odds.

I will bet less win and more place on a 5-1 or higher horse. If my choice is anywhere from 4-5 to 9-2, my bulk of the bet will be on the win, with the place as a backup. When a horse drops under 4-5, I pass, as the value of the bet has decreased.

If I lose on that sixth race, I revert to the $40 predetermined amount on the next race.

Is there a need for money management at the races? Is there a need for water in the desert?

Betting on Horses from your Mobile

You can now bet on mobile-enabled horse racing. You can bet and watch horse racing at multiple tracks in real-time. Placing your bet using technology digital mobile devices, live video playback, streaming video, at and on myriads of tracks around the world – instantly, actual sports gaming and gambling, track-side bets (virtual simulation or virtually bets on real races) come to life in the palm of your hand.

The traditional horse-racing industry has seen changes and steep declines in revenue the last couple of years, and have become increasingly reliant on, for instance, interstate wagers for its economic viability. A sports magazine stated recently that total wagering or betting on U.S. horse races fell about half a percentage point in 2011, to just over $15 billion, according to the National Thoroughbred Racing Association.

You will find that most of the European sportsbooks have already transitioned over to most mobile smartphone. However, the United States is a little bit slower in adopting them because of the current legal restrictions.

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