Category Archives: Horses

Betting On Horse Racing Basic Terminology

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Horse racing has its own language is a language that covers all aspects of racing. Here is some the basic horse racing lingo

Wagering

Across the Board – A win, place and show bet on the same horse.

Box – An exotic bet where all possible combinations are covered for a group of two or more horses.

Exotic Wagers – Any wager other than straight win, place and show bets.

Key Horse – The primary horse used in exotic bets. Horses may be keyed to win, place, or show.

Pool – The total of all money bet on a specific wager type.

Probable Payoffs – The current exotic wager payoffs, from all possible winning horse combinations, from active betting pools.

Wheel – The selection of one horse in conjunction with betting every possible combination with that horse in an exotic wager.

Will Pays – The actual payoffs of exotic multiple race wagers (Daily Double, Pick 3, and Pick 4), shown before the final race, of all possible winning horse number combinations.

 

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Types of Horse Races

Allowance – A non-claiming race with special entry conditions.

Claiming – A race in which the horses are for sale at a predetermined price. Horses are claimed prior to the running of the race, but the new owner does not assume control of the horse until after the race has been run.

Derby – A stakes for three-year old horses.

Distaff – A race for female horses.

Handicap – A race, usually a stakes race, where horses are assigned weights to be carried based on the conditions of the race.

Maiden – A race for non-winners.

Marathon – A race at a distance of 1-1/4 mile or longer.

Oaks – A stakes race for three-year old fillies.

Route – A race at a distance of one mile or longer.

Sprint – A race at a distance less than one mile.

Stakes – A high-level race contested by horses of high quality.

 

Thoroughbred Classifications

Broodmare – Female horses used for breeding.

Broodmare Sire – A sire whose female offspring became producers of racehorses.

Colt – A non-gelded male horse less than five years of age.

Dam – The mother of a horse.

Filly – A female horse less than five years of age.

Foal – A baby horse. A horse is a foal from the time it is born until January 1 of the next calendar year.

Gelding – A castrated male horse.

Horse – A non-gelded male horse five years of age or older.

Juvenile – a two-year old horse.

Maiden – A horse that is yet to win a race.

Mare – A female horse five years of age or older.

Sire – The father of a horse.

Stallion – Any non-gelded male horse.

Stud – A male horse used for breeding.

Yearling – A one-year old horse.

 

Track Conditions

Fast – A dirt track that is dry, even, resilient and fast.

Wet Fast – A track with a firm base, but a wet surface, due to recent rain.

Good – A track condition between fast and slow. There is generally a significant amount of water in a good track.

Muddy – A racetrack that is wet to the base, but does not have standing water.

Off Track – Any track that is not fast.

Sloppy – A track that is wet on the surface, with standing water, but that has a firm base.

Slow – A slow track is wet on both the surface and base.

 

Miscellaneous Horse Racing Terms

Apprentice Jockey – A jockey who has ridden for less than a year and who receives weight allowances.

Beyer Speed Figure (Beyer Speed Rating) – A measure of performance popularized by horseracing author Andrew Beyer.

Blinkers – Hood worn by a horse to help maintain focus straight ahead.

Bounce – A poor performance by a horse following an exceptionally good performance.

Bug – A weight allowance given to an apprentice rider.

Bullet – The fastest workout of the day at a particular distance.

Call to Post – The bugle call used to signal the horses onto the racetrack.

Chalk – Betting favorite in the race.

Checked – The act of a horse being pulled up briefly by its jockey to avoid trouble.

Closer – A horse that does its best running in the later stage of a race.

Dead Heat – The act of two horses having a tie. Dead heats can occur for any placing in a race.

Entry – Two or more horses representing one betting interest.

Field – The horses in a race.

Fraction – The split time and distance of a race. Fractions are normally clocked in ¼ mile intervals.

Furlong – 220 yards, or 1/8 of a mile.

Hand – Four inches. A horse’s height is measured in hands and inches from the top of the shoulder to the ground.

Handicapping – The art/science of analyzing information found in the past performances for the purpose of determining the relative ability of horses in a race.

Handle – Total money wagered.

Lasix – The brand name of the drug Furosemide, which is used to prevent pulmonary bleeding.

Length – A measurement approximating the length of a horse from nose to tail, about 8 feet, used to denote distance between horses in a race.

Morning Line – A prediction of the odds for each horse set by the track handicapper prior to the opening of wagering.

Mutuel Window – The place, on track, where bettors place their wagers.

Odds On – Odds of less than even money.

Pacesetter – The horse that is running in front during a race.

Paddock – The structure or area where horses are saddled and kept prior to entering the track.

Pari-mutuel – A system of wagering where all of the money is pooled and then returned to the bettors after a deduction (takeout).

Post Position – The position in the starting gate where a horse begins the race.

Purse – Money paid to the top 5 finishers in a race.

Scratch – The removal of a horse from a race at any point prior to the start.

Silks – The jacket and cap worn by the jockey.

Simulcast – A simultaneous live television transmission of a race to other tracks, off-track betting offices, or other betting outlets.

Stalker – A horse that runs just behind the leaders.

Stewards – The officials responsible for overseeing the racing at a track, ensuring fairness, enforcing the rules of racing, and dispensing punishment for rules infractions.

Valet – An assistant who helps keep a jockeys wardrobe (silks) and equipment in order.

Weight – The impost that a horse is required to carry in a race. The assigned weight includes the jockey, equipment and supplemental weighting as required.

Winners Circle – An enclosure near the track where the winning horse and jockey go to have their picture taken with the horse’s owner and trainer.

Wire – The finish line.

Workout – An exercise run, usually conducted in the morning.

 

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How To Begging Betting On Horse Racing

Betting On Horse Racing	Check WagerWeb and find the best online betting site!!!!

Horse racing is a fabulous sport and one enjoyed by millions of people all over the world. Racing takes place almost every day of the year in one country or another and many race meetings attract big crowds and betting on horse racing makes watching it an even better experience

If you’re a beginner to horse racing there is much you will need to learn. Horseracing has a rhythm, intensity and language like no other sport.

One of the first things you need to do,if you are heading to the track for the first time you will need a program and a racing form. These are available for purchase at the track. If you plan to play the races from home, you will want to purchase an online racing form. The Official Daily Program contains important information about the day’s races including the horses, their morning line odds, the jockey that will ride the horse, race distances and much, much more.

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The best place to look at horses is the Paddock. The paddock is where the horses get saddled prior to the race. After the horses are saddled, they are walked around a ring. This is where you can observe how “your” horse looks. Examine the horse to verify that it is alert yet relaxed, loose and light on its feet, not sweating excessively, has a shiny coat and generally looks ready to run.

Horse betting is actually a competition with the people around you. This is why it is possible to win at the races! When you are competing against other people – the public – it is wise to invest the time necessary to beat them. Playing against the other horse betting gamblers as with horse racing is referred to as pari-mutuel wagering. The money that is wagered is pooled, with a separate pool being kept for each type of wager. If you win your bet you get part of the pool. How much depends on how many other people win with you. The good thing is that somebody always wins.

What to Say to the Teller When You Place Your Bet

There is a basic protocol to follow when you go to the betting window to place a bet. Here is what to say at the betting window:

  • Racetrack and race number (only if you’re betting on a race at a different racetrack than the one you’re at)
  • Amount of your bet
  • Type of bet you’re placing
  • Horse’s program number

You can bet on any race being run at the track at any time before it is run. Tracks also simulcast races from other tracks. That is why it is important to specify the track where you wish to place your bet.

Now hand the teller your money and take your ticket. Keep it in a safe place. You’ll need it to claim your money if you win.

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Racebook Tracks at WagerWeb

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WAGERWEB offers over 60 tracks for Thoroughbred & Harness racing.

Major Tracks

AQUEDUCT (NY)
BELMONT (NY)
DEL MAR (CA)
SANTA ANITA (CA)
SARATOGA (NY)
CHURCHILL DOWNS (KY)
$1,000 Across Win, Place & Show
$200 Propositions DD, Exacta, Pick3, Superfecta, Trifecta and Track Quinella 
WAGERWEB pays FULL track odds up to a Max Payout of $10,000 per race.

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Other Tracks

ARLINGTON PARK (IL)
FAIRGROUNDS (LA)
WOODBINE (CANADA)
FAIRPLEX (SO CA)
MONMOUTH (NJ)
KENTUCKY DOWNS (KY)
KEENLAND (KY)
LONE STAR (TX)
GULFSTREAM PARK (FL)
TURFWAY PARK (KY)
LOS ALAMITOS THOROUGHBRED (CA)
LOUISIANA DOWNS (LA)
OAKLAWN PARK (AK)
PRESQUE ISLE DOWNS (PA)
HAWTHORNE (IL)
DELAWARE PARK (DE)
$500 Across Win Place & Show
$100 Propositions DD, Exacta Pick 3, Superfecta Trifecta and Track Quinella
WAGERWEB pays FULL track odds up to a Max Payout of $5,000 per race.

Limited Action Tracks

CALDER (FL)
FAIRMOUNT PARK(IL)
HASTINGS (VANCOUVER)
MEADOWLANDS (NJ)
LAUREL (MD)
PHILADELPHIA PARK (PA)
PIMLICO (MD)
SAM HOUSTON (TX)
CHARLES TOWN (WVA)
SUNLAND PARK (TX)
HOOSIER PARK (IN)
COLONIAL DOWNS (VA)
GOLDEN GATE (CA)
DELTA DOWNS (LA)
INDIANA DOWNS(IND)
OAK TREE at Pleasanton (CA)
$200 Across Win, Place & Show
$50 Propositions DD, Exacta Pick 3, Superfecta Trifecta & Track Quinella
WAGERWEB pays FULL track odds up to a Max Payout of $5,000 per race.

Small Action Tracks

TURF PARADISE (AZ)
CANTERBURY (MN)
ELLIS PARK (KY)
EVANGELINE (LA)
FINGER LAKES (NY)
FRESNO (CA)
SACRAMENTO (CA)
MOUNTAINEER (VA)
PENN NATIONAL (PA)
PLEASANTON (CA)
PRAIRIE MEADOWS (IA)
REMINGTON (OK)
RETAMA (TX)
BELTERRA PARK (OH)
SANTA ROSA (CA)
SOLANO (CA)
STOCKTON (CA)
SUFFOLK DOWNS (MA)
TAMPA BAY DOWNS (FL)
THISTLEDOWN (OH)
EMERALD DOWNS (WA)
$50 Across Win, Place & Show
$20 Propositions DD, Exacta Pick 3, Superfecta Trifecta & Track Quinella 
WAGERWEB pays FULL track odds up to a Max Payout of $5,000 per race.

Quarter Horses – Small Action Tracks

RUIDOSO DOWNS (NM) LOS ALAMITOS (CA)
$50 Across Win, Place & Show
$20 Propositions DD, Exacta Pick 3, Superfecta Trifecta & Track Quinella 
WAGERWEB pays FULL track odds up to a Max Payout of $2,500 per race.

Harness Racing – Limited Action Tracks

YONKERS (NY)
MEADOWLANDS HARNESS (NJ)
WOODBINE HARNESS (ONTARIO)
SARATOGA HARNESS (NY)
MOHAWK RACEWAY (ONTARIO)
INDIANA DOWNS HARNESS (IN)
HOOSIER PARK HARNESS (IN)
$200 Across Win, Place & Show
$50 Propositions DD, Exacta Pick 3, Superfecta Trifecta & Track Quinella
WAGERWEB pays FULL track odds up to a Max Payout of $5,000 per race.

 

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Online Horse Betting

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Horse Betting has become very easy thanks to the Internet. Staying at home and betting on horses has become immensely popular, with online racebooks offering plenty of incentives to horseplayers

Horse wagering is totally and completely different than that of sports betting. Bettors may wager on a given horse in a race to “win” (finish first), “place” (finish second), “show” (finish third), or they may wager “across the board” (to win, place, and show).

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The odds for each horse to win, place, or show is entirely dependent on the amount of money bet into the pari-mutual pool.

The horse that finishes first will have payout odds on finishing first, second, and third. The horse that finishes second will have payout odds on finishing second, and third. The horse that finishes third will have payout odds on finishing third only.

Win: If you wagered on a horse to win only then that horse must finish first for the wager to be a winner. If the horse finishes first in the race then the wager will be paid off according to the Win odds.
Minimum entries for wagers to have action 2.

Place: If you wagered on a horse to place only then that horse must either finish first, or second for the wager to be a winner. If the horse finishes first or second then the wager will be paid off according to the Place odds.
Minimum entries for wagers to have action 4.

Show: If you wagered on a horse to show only then that horse must either finish first, second, or third for that wager to be a winner. If the horse finishes first, second, or third then the wager will be paid off according to the Show odds.
Minimum entries for wagers to have action 4.

Across the Board: If you wagered “across the board” on a horse and it finished first in the race, you would be paid odds for the win, place, and show bets. If the horse finished second in the race you would be paid odds on the place and show bets. If the horse finished third in the race you would be paid odds on the show bet only.

Other Straight Wagers: You can also bet win and place, win and show, and place and show bets on a horse.

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Neil Callan Makes British Return

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After enjoying his best campaign in Hong Kong, Neil Callan is back in action in Britain for the first time since August at Sandown this evening.

He finished fifth in the jockeys’ championship with 47 winners in Hong Kong, has three rides today and one at Doncaster on Thursday.

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The Group 1-winning rider partners Wafi Star (7.10), One Life Live It (7.45) and Shackled N Drawn (8.50) tonight and will be hoping for better luck than last year when his return to Britain was disrupted by an ankle injury.- .racingpost.com

Callan hopes to ride for Kevin Ryan, James Tate, Wafi Star’s trainer Simon Crisford and owner Alan Spence among others.

“It’s nice to be back and I’ll be here until the third week of August when we fly back to Hong Kong. I’ve got the family with me, so we’ll have a nice break and hopefully I can ride a few winners.” – He said

He added: “He’s owned by Hong Kong owners and is the main reason I’m going there. He’s a nice horse who has been gelded since his last run, which you can forget.”

Callan returns to Hong Kong on August 20 in time for the 2015-16 season, which starts on September 6.

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WagerWeb Offers You More!

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Full Service Racebook: Offering the easiest and most convinient solution for Horse betting enthuasiasts.

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WagerWeb Bonus Rules

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We offer you different bonus that you can enjoy, such like:

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We want out clients to enjoy the different bonus that we offer, for this you need to know our bonus rules.

– It is the player’s responsibility to request a bonus at the time of the deposit. If the player deposits and makes a wager prior to requesting a bonus the player will have to wait until he makes his next deposit in order to get a bonus.

– Bonuses will only be awarded to account holders who provide a verified name, street address and phone number.

– New accounts that receive a bonus agree to leave the initial deposit and fees in the account for 30 days. However if any required rollover has been completed, the winnings may be withdrawn. Winnings are the monies in the account in excess of the money deposited including the fees.

– All WAGERWEB promotions can be used only one time per household.

– In order to qualify for any bonuses, the minimum deposit must be $100.00. The bonus must be requested at the time of the deposit.

– WAGERWEB promotions cannot be combined.

– Bonuses are intended for recreational bettors only for use in the sportsbook. We reserve the right to adjust or rescind bonuses given to players playing principally in the casino. Professional players, syndicate players, or players considered by WAGERWEB to be abusing the bonus system by any means may have their bonuses, and the money won from these bonuses, revoked at the discretion of WAGERWEB management. Call our office for a detailed explanation of what is considered bonus abuse.

– Any violations of the rules in any offer(s) of WAGERWEB can result in the immediate forfeiture of all bonus funds, and the winnings from the use of these funds as well as the loss of account holder privileges.

– If it is determined that a new customer already has an account with WAGERWEB, thus abusing our bonus system, WAGERWEB may require the forfeiture of all bonuses and the money won from said bonuses.

– WAGERWEB reserves the right to terminate or modify any bonus program at any time. Participants agree that prior notice of a modification or termination is not required and no bonus will be paid past the termination or modification date.

– WAGERWEB reserves the right to charge an Account Closure Fee to any account deemed by WAGERWEB to be a professional, syndicate, non-recreational, or bonus abuser. The Account Closure Fee may vary depending on the case.

– All clients who receive a bonus must complete their rollover requirement prior to a withdrawal request. The rollover is the amount of times a client must play the total amount of the deposit plus reimbursed fees and bonus. The rollover can only be completed with sportsbook volume. WagerWeb does not cover fees if the deposit and fee amount is not left in the account for 7 days (this is the 7 Day fee Rule).

For example, if you have a five time rollover (5X) and you had sent us $1000.00 with a reimbursed fee of $68.00 and a cash bonus of $100.00, you must complete $5840.00 ($1000 + $68 + $100 X 5 = $5840) in total sports book volume before you can request a withdrawal of your funds.

Sportsbook Volume is defined at WAGERWEB as the lesser of the risk or win amount of each wager. Casino, poker, and free play volume do not count towards this rollover. If the client chooses to withdraw funds from the account before these requirements are fulfilled, all bonuses, fees and winnings from these monies can be forfeited and deducted from the account balance. Winnings will be determined at the sole discretion of WAGERWEB. Acceptance of any bonus from WAGERWEB is considered an agreement to this policy.

Betting both sides of the same game to accelerate the rollover process is considered a violation of our bonus rules. Any wagers placed on both sides will be excluded from the rollover calculations.

– Once all rollover requirements have been met, payouts can be arranged through a number of different methods. All withdrawals must be sent in the account holder’s name.

– Free Play wagers can be placed over the phone and on the Internet for straight wagers and two or three team parlays or teasers. Free play bonuses may be used on any type of wager, including parlays or teasers with a maximum of three teams. If the play wins, then only the winnings go into the players account as CASH. If the FREE PLAY loses there is no physical adjustment to the account. If the play ends in a push then the player gets to play the free play again.

Example 1: A client has a $100.00 free play and wishes to use it on the Dallas Cowboys -3 (-110). The wager will be $0.00 to win $91.00. The client lays the virtual $100.00 to win $91.00.

Example 2: A client has a $100.00 free play and wishes to use it on the Atlanta Braves -140. The wager will be $0.00 to win $71.00. The client lays the virtual $100.00 to win $71.00.

Example 3: A client has a $100.00 free play and wishes to make a 3 team football parlay. Our 3 team football parlay odds are 6 to 1. The client lays the virtual $100.00 to win $600.00.

Example 4: A client has a $100.00 free play and wishes to make a 3 team 6 point teaser. The client lays the virtual $100.00 to win $180.00.

– Bonuses or rebates are not paid on ‘house money.’ Accounts with aggregate winnings of more than $5,000 are considered to be playing on ‘house money.’

– Bonuses are given to our recreational players with the rollovers calculated using ‘normal’ play. If a player receives a bonus and 50% or more of the player’s action is on baseball, the rollover will be doubled.

– If you do not break a deposit on which you received a bonus into at least three relatively equal wagers, the bonus and any winnings can be rescinded.

– Acceptance of any bonus offered by WAGERWEB constitutes agreement to the conditions applicable with each offering. If you are unclear or require further clarification, contact our Client Service Department prior to accepting and/or making use of any bonus.

– All new accounts are subject to a period of review, and during this time, they may not be eligible to participate in specific promotions offered by WAGERWEB.

Disclaimer

It is the member’s responsibility to question and clarify any event not covered or rules he/she does not understand prior to placing any wagers.

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What is WagerWeb

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Among the top Sportsbooks WagerWeb has a solid and enviable reputation.
With almost 2 decades in the online gambling sites industry, WagerWeb has been leading the way in Sportsbook management, customer service, and quick reliable payouts for both customers and affiliates. Well recognized among seasoned Sportsbook players and continues to bring top quality customer service, experienced online wagering clerks and great promotions to the table. WagerWeb also offers entertainment and other prop bets. The odds and lines offer to the players tend to be on par with what you will find in a Las Vegas Sportsbook.

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WagerWeb services its clients 24/7 and 365 days out of the year on online gambling sports betting, casino gambling, and horse racing, making it one of the best betting sites on the web. WagerWeb offers their players one of the best English and Spanish speaking customer service departments whether you call our toll-free telephone numbers or to get online, WagerWeb is here to serve you round the clock.

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Horse Racing Betting Terms

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ACROSS THE BOARD: A bet on a horse to win, place and show. If the horse wins, the player collects three ways; if second, two ways; and if third, one way, losing the win and place bets.

BOXED BET: Betting all possible combinations in a multi-horse wager such as exacta or trifecta.

BREAKAGE: In pari-mutuel payoffs which are rounded out to a nickel or dime, those pennies that are left over. Breakage is generally split between the track and state and, in some cases, breeding or other funds, in varying proportions.

BRIDGE JUMPER: A person who bets an unusually large sum on a single horse, like $100,000 to show. Refers to the fact that if they lose they may be jumping off the nearest bridge.

DAILY DOUBLE: Type of wager calling for the selection of winners of two consecutive races, usually the first and second.

DEAD HEAT: A tie between two or more horses at the finish of the race. Usually these can be separated by the photo finish camera, but sometimes they are so close you can’t.

EXACTA (or PERFECTA): A wager in which the first two finishers in a race, in exact order of finish, must be picked.

FIELD HORSE (or MUTUEL FIELD): Two or more starters running as a single betting unit, when there are more entrants than positions on the totalisator board can accommodate.

IN THE MONEY: Finishing first, second or third.

INQUIRY: Reviewing the race to check into a possible infraction of the rules. Also, a sign flashed by officials on tote board on such occasions.

LOCK: Slang for a “sure thing” winner.

MINUS POOL: A mutuel pool caused when one horse is so heavily played that, after deductions of state tax and commission, there is not enough money left to pay the legally prescribed minimum on each winning bet.

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OBJECTION: Claim of foul lodged by rider, patrol judge or other official. If lodged by official, it is called an inquiry.

ODDS-ON: Odds of less than even money. In England it is simply called “on,” thus a horse “5-4 on” is actually at odds of 4-5.

OFFICIAL: Sign displayed when result is confirmed. Also racing official.

ON THE NOSE: Betting a horse to win only.

OVERLAY: A horse going off at a higher price than he appears to warrant based on his past performances.

PARLAY: Using the winnings from one bet to place the next bet.

PHOTO FINISH: A result so close it is necessary to use a finish-line camera to determine order of finish.

PICK SIX (or more): A type of wager in which the winners of all the included races must be selected.

PLACE: Second position at finish.

PLACE BET: Wager on a horse to finish first or second.

QUINELLA: Wager in which first two finishers must be picked, but payoff is made no matter which of the two wins and which runs second.

SHOW: Third position at the finish.

SHOW BET: Wager on a horse to finish in the money; third or better.

STRAIGHT: Betting to win only.

SUPERFECTA: A wager where you have to pick the first four finishers in exact order.

TAKE (or TAKEOUT): Commission deducted from mutuel pools which s shared by the track and local and state governing bodies in the form of tax.

TOUT: Person who professes to have, and sells, advance information on a race.

TRIFECTA (or TRIPLE): A wager picking the first three finishers in exact order.

UNDERLAY: A horse racing at longer odds than he should.

WIN: Cross the finish line first.

WIN BET: Wager on a horse to finish first.

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Pick Horse Racing Winner

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Follow these tips and begin winning at horse racing:

Money management Strategy

Optimal Betting is based on a mathematical principal called the Kelly Criterion. It recommends that you bet a percentage of your bankroll based on your “edge” over the game. Your edge, can be expressed as follows:

Edge = W – L/$ odds

W = percentage of horses that win the race (your win %)

L = percentage of horses that do not win the race.

$ odds = the average win payout based on $1. To determine this, take your average win mutual, subtract $2, then divide by 2. Note: If you do not know both your win % and average win mutuel, then you should start keeping track immediately.

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Bankroll Dedicated to Horse Race Wagering

If you are using a bankroll of $2,000.00 and plan to bet 2% of your bankroll per race, you will be limited to $20.00 wagers. Your standard wager size is also commonly referred to as a “unit.” A much more conservative estimate of how large a bankroll should be is to use to take your average win mutuel, expressed in odds to 1, and multiply if by your standard betting unit, then multiply that amount by 100.

A good rule of thumb to follow is to have a bankroll of at least 50 times your normal betting unit, but 100 times is even better.

Both Value and Price Before Placing a Bet

Limiting your wagering to situations where you have both value and price is an important winning factor that many otherwise good handicappers often overlook.

Have a Game Plan

If you don’t have a handicapping plan, you’re going to be a loser. All successful gamblers, whether they are card players, card counters, sports bettors, craps players or horseplayers, have a plan.

Keep Records of All Your Bets

Keeping records of your horse racing bets does more for you than just telling you if you are ahead or behind. It also helps to show your strengths and weaknesses as a handicapper.

source: sportsbettingacumen.com/

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