Category Archives: Horses

Sports Betting Glossary

Sports-Betting-Glossary-G-I

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 Sports Betting Glossary G-I

Gamble
means to risk money, or anything of value, on the outcome of a sporting event.

Halftime Bet
means to place a bet at halftime of a game against a new point spread posted by the bookmakers.
Handicap
means to analyze an event for gambling purposes.

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Handicapper
is a person who studies sporting events for gambling purposes

Handle
means the total amount of money wagered on an event.

Hook
means a half-point, so that “three-and-a-hook” would be the same as “three-and-a-half” or “3.5” points.

If Bet
means a wager that is placed only if a certain outcome of a separate wager occurs.

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Sports Gambling Glossary: A – C
Sports Gambling Glossary: D – F
Sports Gambling Glossary: G – I
Sports Gambling Glossary: J – L
Sports Gambling Glossary: M – O
Sports Gambling Glossary: P – R
Sports Gambling Glossary: S – U
Sports Gambling Glossary: W – Z

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Sports Betting Glossary

Sports-Betting-Glossary-D-F

Sports Betting Glossary D-F

Dime

Is equal to $1,000.

Dime Line

Means the difference between the favorite and the underdog on the money line is 10 cents

Dog

Means the team, or individual expected to lose the event.

Early Money

Refers to wagers that come in as soon as the betting lines are made available to the public to wager on.

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Edge

Means an advantage against the bookmakers.

Even Money

Means an advantage against the bookmakers.

Exotic

Means non-traditional bets, such as parlays, teasers, or round-robins.

Fade

Means to wager against the bets of a particular person or sports service by taking the opposite side.

Favorite

means the team, or individual, that is expected to win a particular event.

First Half Bet

Means to place a wager that will have the outcome decided on the basis of the halftime score.

Franklin

Means $100.

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Sports Gambling Glossary: A – C
Sports Gambling Glossary: D – F
Sports Gambling Glossary: G – I
Sports Gambling Glossary: J – L
Sports Gambling Glossary: M – O
Sports Gambling Glossary: P – R
Sports Gambling Glossary: S – U
Sports Gambling Glossary: W – Z

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Sports Betting Glossary

 Sports Betting Glossary

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Sports Betting Glossary A-C

Action

Means to have a bet.

Angles

Refer to trends regarding teams and how often they cover the point spread in particular situation

AOPR

Is a handicapping term that stands for average opponent power rating, which is a number, that gauges how difficult the opposition of a particular team has been.

ATS

Means against the spread, generally referring to how a team fared against the point spread.

Bad Beat

Means a gambling loss that is difficult to swallow

 

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Beard

Means somebody who places bets for another person to conceal the actual bettor’s identity.

Bet

Means to risk money, or anything of value, on the outcome of a sporting event.

Bet Limit

Means the amount of money a bookmaker will accept on a particular wager.

Bookie

“Bookie” refers to a person who accepts wagers on sporting events

Bookmaker

Means somebody who accepts wagers on sporting events

Buck

“Buck” means $100.

Chalk

Means the team, or individual, that is predicted to win a particular event.

Circled

Means a game that has reduced betting limits, usually due to injuries, suspensions, or poor weather. 

Cover

Refers to the team that wins against the point spread.

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Sports Gambling Glossary: A – C
Sports Gambling Glossary: D – F
Sports Gambling Glossary: G – I
Sports Gambling Glossary: J – L
Sports Gambling Glossary: M – O
Sports Gambling Glossary: P – R
Sports Gambling Glossary: S – U
Sports Gambling Glossary: W – Z

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How to bet on a Sportsbook

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Betting real money on sports is one of the world’s favorite pastimes. The reason sports betting is so popular is because it makes watching sports more exciting, and it can also be lucrative for those who take the time to learn about odds, picking winners, line shopping and how to use online bonuses profitably.

You have 3 options for betting money on sports – take a trip to one of the Las Vegas sportsbooks, find a local bookie, or sign up at an online sportsbook.  Of the three options, online betting sites are definitely the easiest and most convenient way to bet money on sports.

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Three of most popular forms of wagers are moneyline, point spreads and totals (over/under).
Moneyline Bets

A money line bet is a wager on which team will win a game and is the most popular way to bet on hockey and baseball, but does exists also for basketball, football and other sports.

Point Spread Bets

Point spread betting is said to have been invented in the 1940’s by Charles K. McNeil of Chicago. He was a math professor who used it in his own bookmaking operation.

Whether or not this true is irrelevant; today point spread betting is the most popular way to wager on America’s two most frequently wagered upon sports, football and basketball.

The basic idea behind a point spread is in order to make the game closer to a 50/50 proposition a handicap is added.

Totals – Over/Under Bets

Here you’re wagering on whether the total number of points scored by both teams will be over or under the posted betting total.

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American Pharoah is early 6-5 favorite for Breeders’ Cup Classic

American Pharoah On Monday, Triple Crown champion American Pharoah was made the early 6-5 favorite in the field of 10 for the $5 million Breeders’ Cup Classic, which will be the last race of his career.

The colt will break from the No. 4 post on Saturday at Keeneland. He is 6-for-7 this year and is coming off a loss in the Travers two months ago.

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Close to 200 horses were pre-entered in the Breeders’ Cup, which will be run Friday and Saturday at Keeneland Racecourse in Lexington

Drawing the outside post position at No. 10 was Beholder, a 5-year-old mare who is trying to become the first horse to win three different Breeders’ Cup races. Gary Stevens will ride Beholder, the second choice at

Each has a Hall of Fame trainer. Bob Baffert’s American Pharoah has become the crowd favorite after winning the Kentucky Derby, Preakness and Belmont Stakes. Richard Mandella’s Beholder has won 15 of 20 career starts and is trying to join Zenyatta as the only mare to win the Classic, a distance test at 1 1/4 miles.

Breeders’ Cup Classic post positions, odds

  1. Tonalist (6-1)
  2. Keen Ice (12-1)
  3. Frosted (15-1)
  4. American Pharoah (6-5)
  5. Gleneagles (20-1)
  6. Effinex (30-1)
  7. Smooth Roller (15-1)
  8. Hard Aces (50-1)
  9. Honor Code (6-1)
  10. Beholder (3-1)

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Betting Tips In Gambling Games

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People bet on sports for a variety of reasons. Some do it just for fun and to make a particular game more exciting. Some like to bet on their favorite teams, no matter what the point spread may be. Others, however, bet on sports for one simple reason: to make money. Although this last segment of the betting population is the smallest, there are many who make money consistently and even a few who make a nice living by regularly beating the house.

In truth, there is no single betting secret, trick or strategy that will give you winning picks all the time. Even a seasoned sports bettor or a professional handicapper will tell you that selecting a winner and making high notes takes a lot of time and research. Do not rely on one statistic but keep more and other related aspects that will affect the game’s outcome. To help you understand the ins and outs of gambling games, these top betting tips will definitely help you.

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Practice Good Financial Management

For beginners, the most common practice is to start with a minimal budget. This is a fine strategy but if the bettor will bet on just one game, the best idea is not to bet all your money. Losing money is of great risk and every bettor would want to stretch his money as much as possible.

Look For Value

Value is an essential concept that you must fully understand. For instance, before making a bet on a favorite team, you have to evaluate the odds offered. Ask yoursel

f if they are of real value. This means that you have to study if the probability of the favorite team is better than your odds. If yes, consider making another bet on the other matchup.

Bet The Total

Generally, new sports bettors lack experience in predicting total outcomes. However, the whole process is straightforward. First, you need to combine the score predicted for the two playing teams. After evaluating, you thought that the game will lead into overtime, make this as part of your prediction. If your calculation is greater than the Total posted, then the Over wins but if your result is lower, then Under wins. This tip cannot be mastered overnight but practice will make you a better bettor. Also, another rule that made seasoned bettors successful is to bet the Over at the start of the week and Under on the later part of the week.

Get An Early Start For Future Betting

The basic rule to follow in future betting is to bet earlier. For instance, when you bet with the futures of football, the best time to make a bet and win in Super Bowl XLVIII is after when the odds increase. This goes the same for basketball, baseball and hockey futures.

Socialize Regularly and Join Twitter

If you do not have an account on Twitter, make one now. First, it is a source of breaking sports news and most importantly, Twitter is used by the most recognized professional athletes, handicappers, sports media and even sportsbooks. Compile the best and influential sports Tweeters and follow them

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2015 FedExCup

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The 2015 FedEx Cup playoffs are drawing to a close with the Tour Championship in Atlanta from September 24-27,  at the private East Lake Golf Club in Atlanta, Georgia,but the $10 million champion is far from decided.

Though Jason Day has been crushing the field over the past two months in nearly every event he’s started, Jordan Spieth, Rickie Fowler, Bubba Watson and others are still well within striking distance

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The Tour Championship is the last of the four playoff tournaments in the 2015 FedEx Cup playoffs. Only the top 30 players in the FedEx Cup points system are eligible to play in the 2015 Tour Championship. There is no cut this week and all 30 players will earn a nice paycheck and bonus playing in the 2015 Tour Championship.

Since the FedEx Cup playoffs began in 2007, no player has won the Tour Championship more than once. The previous eight winners of the Tour championship are Tiger Woods (2007), Camilo Villegas (2008), Phil Mickelson (2009), Jim Furyk (2010), Bill Haas (2011), Brandt Snedeker (2012), Henrik Stenson (2013), and Billy Horschel (2014). All of those previous winners, except for Phil Mickelson and Camilo Villegas, also won the FedEx Cup and $10 million bonus when they won the Tour Championship.

All FedEx Cup points have been reset after the BMW Championship. Jason Day leads the field with 2,000 points followed by Jordan Spieth with 1,800 points in second and Rickie Fowler with 1,600 points in third and the points keep dropping all the way to Harris English in 30th place with 168 points. Winning the Tour Championship is worth 2,000 points followed by 1,200 points for second place, 760 for third and the points keep dropping to 164 for 30th place.

The winner of the 2015 Tour Championship will earn a cool $1.485 million. That is up 3.1% over the $1.44 million that Billy Horschel earned when he won this tournament last year. Winning the Tour Championship is really worth a lot more than $1.485 million because the winner gets 2,000 FedEx Cup points which will move even the 30th ranked player into a position to earn substantial money from the $35 million FedEx Cup playoff bonus pool. Six out of the eight previous winners of the Tour championship also won the FedEx Cup and the $10 million bonus including Billy Horschel last year.

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Horse Racing Straight Bets – Win, Place, and Show

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Win, place and show betting are the most basic bets to make.At the track or simulcast facility, you will see win odds posted on the tote board. To estimate how much your selection will pay for a $2.00 win bet, just double the odds and add $2.00.For example, a horse going off at 2/1 win odds would pay 2 x 2 = $4.00 + $2.00 = $6.00 for a $2.00 wager.

Win: The simplest bet you can make on a horse race. A Win bet is an attempt to predict the horse that will win the race. If the horse wins, you will collect on your bet. The odds listed for the horses on the toteboard are the Win odds for each horse. For example, if a horse shows ‘5’ on the toteboard, if you bet him to Win for $2, you will get back $12 (5 times $2 plus your original $2 bet). This $2 payoff of $12 would also be shown on the result payoffs under the Win column (1st column) for the horse when the race is official

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Place: Similar to the Win bet, a Place bet on a horse is a bet that the horse will finish in first or second. If the horse does finish in one of the top two spots, you will collect the amount shown in the Place column (2nd column) for that horse on the result payoffs for each $2 you have bet. If you make a Place bet, note that it does not matter if the horse wins or comes in second, you will win the same amount. This bet has less risk than a Win bet, but also a smaller reward. If you are confident the horse will win the race, you will receive a larger return betting the horse to Win.

Show: Another variety of a straight bet, the Show bet is used when you want to bet that a horse will finish in the top 3 positions in the race. For every $2 bet on the horse to Show, you will collect the amount shown in the Show column (3rd column) for that horse on the results payoffs. Again, if the horse comes in first or second, you will not win any more money than if the horse finishes third. This is the safest of the straight bets but also offers the smallest return. If you are confident the horse will finish better than third, you would have a larger return placing a Win or Place bet.

The table below shows the approximate payoffs for $2.00 win wagers at different odds.

 

Odds Returns Odds Returns
1-9 $2.20 2-1 $6.00
1-5 $2.40 5-2 $7.00
2-5 $2.80 3-1 $8.00
1-2 $3.00 7-2 $9.00
3-5 $3.20 4-1 $10.00
4-5 $3.60 9-2 $11.00
1-1 $4.00 5-1 $12.00
6-5 $4.40 6-1 $14.00
7-5 $4.80 7-1 $16.00
3-2 $5.00 8-1 $18.00
8-5 $5.20 9-1 $20.00
9-5 $5.60 10-1 $22.00

 

 

 

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How to Pick Your Winning Horse

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Most people do not win at horse racing. They do not study horse racing and handicapping information. They do not have a game play for handicapping and betting on horse races.

Get familiar with reading the race day program. 

Your ability to successfully handicap horses will depend upon your ability to read the race day program. The program is crammed with information that you can use to make smarter bets.

Equibase, the company that creates all the race day programs for every track in the U.S., has a great interactive guide on how to read their race day programs. If you’ve never been to the horse races before, play around with it before you go.

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Look at what class levels the horse has been racing at. 

There are different levels of competition, or classes, in horse racing.  As you go up in class, you’ll find better performing horses and higher purses. There are four race classes: maiden races, claiming races, allowance races, and stakes race

Past performance on surface type. 

Racetracks have different surfaces that the horses run on. Some have natural dirt and grass tracks while others have artificial “all-weather” tracks. Horses perform differently on each type of surface. Some horses love dirt tracks, but don’t like the feel of artificial tracks and vice versa. The program tells you each horse’s past performance on the different surface types.

History with jockey. 

I like to look at a jockey’s performance history in the program. If a jockey consistently places in first, second, or third no matter what horse he or she is riding, it’s a good indicator of talent.

Consider the odds.

For every race, each horse will have the odds of it winning next to its name in the program. The favorite to win is the horse with the lowest odds. While past performance doesn’t guarantee future results, the statistics show that over time going for the race favorite pays off. If you:

  • Bet the race favorite to win, he pays off 33% of the time.
  • Bet the race favorite to place (comes in 1st or 2nd), the favorite pays off 53% of the time.
  • Bet the race favorite to show (comes in 1st, 2nd, or 3rd), the favorite pays off 67% of the time.

So if you’re looking for an easy way to handicap horses that gives you a good chance of a small return on your money, just bet the race favorite to show.

Watch the horse in the paddock. 

Before every race, the horses are paraded around in an area of the track called the paddock. It gives you a chance to see how the horse looks and is behaving before the race starts.

 

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Types of Horse Racing Bets

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You have two categories of wagers to choose from when you bet on the ponies: straight wagers and exotic wagers.

Straight Bets

With straight bets, you are betting on one horse to do a specific thing – Win, Place, or Show. Straight bets require a minimum risk of $2 on track, or you can bet as little as $1 through a betting outlet such as Pinnacle. Below are the types of straight bets as well as a brief description of each. Go to our betting strategy page for a more complete description of each type of bet.

  • Win – You win if your horse finishes 1st.
  • Place – You win if your horse finishes 1st or 2nd.
  • Show – You win if your horse finishes 1st, 2nd, or 3rd.
  • Across The Board– When you bet across the board, you’re betting your horse to win, place, AND show.
  • Win/Place, Place/Show– Similar to an across-the-board bet in that you’re making multiple straight wagers in a single bet

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Exotic Wagers

Exotic wagers allow you to bet on multiple horses in a single bet, allowing you to increase your profit potential.

  • Exacta – You win if you select the 1st and 2nd place horses in a race in the “exact” order.
  • Trifecta – You win if you select the 1st, 2nd and 3rd place horses in a race in the correct order of finish.
  • Superfecta – You win if you select the 1st, 2nd, 3rd, and 4th place horses in a race in the correct order of finish.
  • Daily Double – Daily Doubles require that you pick the winner of two consecutive races before the running of the first race in the sequence of races. Daily Doubles are usually offered on the first and last two races of each racing card.
  • Pick 3 – You win if you select the winner of three consecutive races. The bet must be placed prior to the running of the first race in the sequence.
  • Pick 4 – You win if you select the winner of four consecutive races. The bets must be placed prior to the running of the first race of the Pick 4 sequence.
  • Head-to-Head – Some tracks offer a head-to-head (H2H) wager. The H2H wager is a race within a race. You pick one of the two designated horses in the race. If your horse finishes in front of the other horse, you win.

 

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