Guide to Betting Horse Racing Picks
1:45 AM
Win and Place Bets
Bet the top selection to win if the odds are 7-5 or higher. If a top selection goes off at 7-2 or higher, it is suggested you make a win and place bet.
Exactas
Most of the time we make three selections in each race given out. It is suggested that you should box the three horses. A $1.00 exacta box of the three selections costs $6.00. Of course you can wager more on the exacta box - bet your bankroll.
The next move is to take the top selection and "key" this horse with the other two selections and reverse the second and third selections with the top horse for less money.
An example is as follows. Say you want to bet $26.00 into the race. Let's also assume our selections are horses #1, #2, #3 and we like #1 the most, then #2 and #3.
The first wager is a $2.00 exacta box of the three horses which costs $12.00. The bets are:
1-2 for $2
2-1 for $2
1-3 for $2
3-1 for $2
2-3 for $2
3-2 for $2
Then take the top selection with the other two for $4.00 each (equal). This would look like this:
1-2 for $4
1-3 for $4
The last wager is to take the second and third selections and place them over the top pick for $3.00 exactas each, like this:
2-1 for $3
3-1 for $3
So in the end, we have ten bets equaling $26.00, the same amount as we were planning to bet on the race. Obviously you can bet less or more, but use these guidelines the best you can to wager as suggested.
Best Bets
We give out one best bet each day. This is the horse we feel is the strongest play of the races given that day. This race should be the one on which you wager the most. The same format exists as the wagering strategies suggested above.
Summary
To be a winner in this game, it is important that you learn how to bet. There is no doubt that in the short run, it may seem a bit difficult. But, it will get easier over time, especially if you follow our guidelines. Remember to wager within your comfort level. The cardinal rule to follow is to wager more when you are winning and cutting your bets down when you are losing.
Bet the top selection to win if the odds are 7-5 or higher. If a top selection goes off at 7-2 or higher, it is suggested you make a win and place bet.
Exactas
Most of the time we make three selections in each race given out. It is suggested that you should box the three horses. A $1.00 exacta box of the three selections costs $6.00. Of course you can wager more on the exacta box - bet your bankroll.
The next move is to take the top selection and "key" this horse with the other two selections and reverse the second and third selections with the top horse for less money.
An example is as follows. Say you want to bet $26.00 into the race. Let's also assume our selections are horses #1, #2, #3 and we like #1 the most, then #2 and #3.
The first wager is a $2.00 exacta box of the three horses which costs $12.00. The bets are:
1-2 for $2
2-1 for $2
1-3 for $2
3-1 for $2
2-3 for $2
3-2 for $2
Then take the top selection with the other two for $4.00 each (equal). This would look like this:
1-2 for $4
1-3 for $4
The last wager is to take the second and third selections and place them over the top pick for $3.00 exactas each, like this:
2-1 for $3
3-1 for $3
So in the end, we have ten bets equaling $26.00, the same amount as we were planning to bet on the race. Obviously you can bet less or more, but use these guidelines the best you can to wager as suggested.
Best Bets
We give out one best bet each day. This is the horse we feel is the strongest play of the races given that day. This race should be the one on which you wager the most. The same format exists as the wagering strategies suggested above.
Summary
To be a winner in this game, it is important that you learn how to bet. There is no doubt that in the short run, it may seem a bit difficult. But, it will get easier over time, especially if you follow our guidelines. Remember to wager within your comfort level. The cardinal rule to follow is to wager more when you are winning and cutting your bets down when you are losing.
