Online thoroughbred wagering
They are based on research, planning, and reflection. Strategic goals are the long term vision and have quantifiable and qualitative results. If you are serious about becoming not only a winning handicapper, but a very profitable handicapper, you need to think strategically. Recently a struggling handicapper reached out to me about how to make more money playing the ponies.
Little Vic, a shot, applied pressure immediately, and the two went head and head down the backstretch. The fractions were quick — Not so. Pretty successful over the past 30 years or so, too, primarily in southern California. Every once in a while, though, Richard Mandella has a 3-year-old that rounds into form on the road to the Kentucky Derby G1.
Currently, residents 18 or older have access to a variety of licensed betting sites. Louisiana Horse Racing Maine Maine enacted legislation in ordering the Gambling Control Unit to hold a competitive bidding process to award one operator sole control over advance deposit wagering. The minimum age to bet online through an ADW service is Maryland Horse Racing Massachusetts Massachusetts law allows advance deposit wagering and most major betting sites operate in the state.
Parimutuel horse racing betting is overseen by the Division of Racing under the Massachusetts Gaming Commission. Massachusetts Horse Racing Michigan Michigan approved new online racing betting legislation at the end of to establish a licensing process for ADWs. Under Michigan law, operators must apply for a license, provide a proposed plan of operation and pay a fee prior to offering mobile racing wagering to residents.
Michigan Horse Racing Minnesota Advance deposit wagering providers are required by MN law to acquire a license in order to offer online wagering to residents. MN law establishes a minimum age of 18 to participate in parimutuel horse wagering. Minnesota Horse Racing Mississippi Mississippi has been slow to embrace horse racing betting. Online wagering is prohibited to this day, but retail sportsbooks at casinos are allowed to offer parimutuel horse wagers.
Mississippi Horse Racing Missouri Missouri law does not address advance deposit wagering. Many ADWs interpreted state law to prohibit online racing betting, but BetAmerica does offer its services to residents. Horse Racing Montana The Montana Board of Horse Racing oversees the conduct of horse racing and parimutuel wagering, including online betting.
Numerous ADWs are licensed and offer their services in Montana today. Montana Horse Racing Nebraska Parimutuel wagering is legal in Nebraska but state law does not clearly address the legality of advance deposit wagering.
Some lawmakers have argued that online betting platforms violate state law, but the opinion is not universal and some ADWs do offer their services in Nebraska. State law enforces a minimum age of 19 to bet on horses. Nebraska Horse Racing Nevada Horse racing betting is legal in Nevada, but only through authorized sportsbooks. Residents and visitors may also register for mobile betting accounts at land-based casinos to bet on horses through mobile sportsbooks from anywhere within state lines.
Nevada Horse Racing New Hampshire New Hampshire law clearly permits parimutuel wagering at racetracks and is unclear on the status of online betting. New Jersey Horse Racing New Mexico New Mexico horse racing law is unclear on the legality of advance deposit wagering, but several operators have offered their services to residents for years without issue.
Customers must be 18 or older to bet on horse races in New Mexico. New Mexico Horse Racing New York New York law allows online racing betting providers to apply for licenses from the state to offer advance deposit wagering to residents. In New York, the minimum age to bet on horse races is All major parimutuel betting sites are available in North Dakota. State law on horse racing does not specifically address online betting, but the Ohio State Racing Commission does have rules in place governing telephone wagering.
Debate aside, most ADWs accept Ohio residents. Ohio Horse Racing Oklahoma Oklahoma racing regulations allow account wagering by telephone but do not specifically address the legality of online and mobile wagering. However, most ADWs operate in Oklahoma and allow customers to place wagers online. Most of the major US racing betting sites are licensed and active in Oregon today.
Oregon Horse Racing Pennsylvania Pennsylvania law authorizes advance deposit wagering and the majority of ADW operators accept residents. Customers must be 18 or older to bet on horses in Pennsylvania. Pennsylvania Horse Racing Rhode Island Rhode Island regulations touch on simulcast wagering but do not specifically address online wagering. However, most advance deposit wagering operators offer online betting in Rhode Island.
This makes South Carolina one of just a handful of states with no legal horse racing betting whatsoever. South Carolina Horse Racing South Dakota South Dakota law permits advance deposit wagering and requires all operators to acquire a license prior to accepting wagers from residents. The law that formerly authorized parimutuel wagering was repealed in , but numerous US-based racing betting sites still accept customers from Tennessee. Tennessee Horse Racing Texas Texas permits in-person wagering but amended the Texas Racing Act in to prohibit advance deposit wagering.
As a result, no reputable racing betting site accepts customers from Texas today. Texas Horse Racing Utah Utah regulates horse racing but does not permit pari-mutuel wagering in any form. Most major ADWs accept customers from Vermont even though the law on online betting is unclear. Vermont Horse Racing Virginia Advance deposit wagering is authorized in Virginia under the Administrative Code and is offered by a handful of licensed betting sites.
CRYPTOCURRENCY RATES
Example: You want the 4 and 7 in the win position , the 1, 4, and 7 in place position , the 1, 2, 4, 7 and 9 in the show position and the 1, 2 4, 7, 9 and 11 in the fourth position. To win, the 4 or 7 must finish FIRST, the 1, 4 or 7 must finish second, the 1, 2, 4, or 7 must finish third, and the 1, 2, 4, 9, or 11 must finish fourth. As you can quickly see, the cost of the part wheel can be much less than the cost of the full wheel, but it requires you to be more selective and do a better job handicapping.
Daily Double Daily Double The daily double involves picking the winning horse in two consecutive races. All tracks offer the early daily double which involves races 1 and 2. Most tracks also offer a late daily double which is the last two races of the day. Some tracks also offer a rolling daily double which is on any two consecutive races.
To win a daily double you must pick the winning horse in each of the two races. Combination bets can also be made on daily doubles. Double Wheel When you are confident of a horse winning either of these two races but are uncertain of the outcome of the other race, especially if the horse in which you are confident has good to excellent odds, you might want to consider the daily double wheel.
In this bet you bet your key horse with all the horses in the other race. Your key horse might be in either of the two races. Tell the clerk EX. But if your key horse is the 3 in the second of the two races tell the clerk i. The formula for calculating the cost of the daily double wheel is simply the number of horses in the race other than the race containing your key horse, times the dollar value of your bet.
This allows you to exercise your handicapping skills to eliminate all horses that you think will not win the race. This will reduce the size of your investment. But you have decided that only five of the 10 horses have a chance of winning their race.
If for example, you decided that the 5 horse will win the first race of the double and that either horses 2, 4, 5, 8 or 9 will win the second race of the double you would tell the clerk i. Quinella In the Quinella, you must pick the horses that finish first and second.
Either one can be first and the other one second. This bet functions exactly the same as the "Exacta Box". Although the Quinella has the same function as the "Exacta Box" the payoff can vary substantially. You must remember that there is no such wager of an exacta box, it is really two separate bets on one ticket.
The Quinella wagers are entered into their own pool separate from the exacta pool. Not all tracks offer the Quinella wager, but to the best of my knowledge all tracks accept the term exacta box where ever the exacta wager is offered. If both the Quinella and Exacta wagers are offered it is wise to check the tote board before making a Quinella or Exact Box wager to see which one offers the greater payoff. PICK 3 In order to win a Pick 3 bet you are required to select the winning horse in three consecutive races.
Most tracks only offer one or two pick 3 opportunities per day. Some tracks offer a rolling pick 3 in which every race is part of a pick 3 bet, which means that some races are included in three pick 3 bets. The third race for example, would be the third race of the first pick 3, the second race of the second pick 3, and the first race of the third pick 3. I don't mean to make this seem complicated, it is really very simple. Pick 3 Part Wheel The pick 3 part wheel bet is one of my favorite plays at the track.
It allows you to single your favorite horses in some races and combining them with several good paying horses in other races in an attempt to hit a good paying win ticket. There is generally good value in the pick 3 bet, and frequently they will pay considerably more than the comparable amount of money bet in a 3 race parlay. To increase the probability of winning a pick 3 you may want to play multiple combinations by selecting more than one horse in one or more of the three races.
To increase the probability of winning a pick 3 you may want to play multiple combinations by selecting more than one horse in one or more of the three races. The easiest way to communicate this bet to the clerk is to use the pick 3 part wheel bet. You bet on a winner at given odds. You collect only if your chosen horse is the first across the finish line.
Place: A wager for place means you collect if your selected horse finishes either first or second. Show: The third horse across the finish line. A wager to show means you collect if your selected horse finishes either first, second or third. Combination Bet: Combinations cover from two to four horses to win in chosen order. Pick 3: This wager requires the player to pick the winners of three consecutive races.
Some race tracks have a rolling pick 3 which is when the player must pick three races in a row and it continues for the next three races. Pick 6: This wager requires the player to select the winner of six consecutive races prior to the first race of the pick six. Some tracks place the pick six as the first six races, the middle six races, or the last six races. Many tracks have carry over pools for the pick six that can grow to as high as a million dollars.
The Daily Double: You win if you pick the winner of the first and second race. Your bet must be placed before the start of the first race. Quiniella: Reverse Forecast, UK You win if you pick two horses that finish first and second, in either order, in any single race.
If the results of the first two horses are either or , you win. Quiniella Box: Pick three or more horses. You win if any two of your selections finish first and second. If they finish , , , , or you win. You can box as few as three or as many as the field.
Quiniella Double: Quiniella Double is a combination bet of two winning quiniellas in the last two races. Select two horses to win and place, in either order, in each of the last two races. You must win both quiniellas to win your Quiniella Double. Quiniella Wheel: You can also 'wheel' a favorite horse, so that it is combined with all the other horses. For example; if you wheel 2 with 6 other horses in the same race and 2 comes in first or second, you win because you have all the 6 combinations covered.
Only if the horses finish you win. Perfecta Box: As with the quiniella box, except the two horses must finish in the exact order. With Perfecta Box, for each extra horse you add to the box the possible combinations get compounded and your number of bets increases accordingly. Only if they finish you win. If they finish , , , , or ; you win. To win your Key horse must win and the other two must finish either or Superfecta: The straight superfecta is played by picking the first four horses to finish in exact order.
You would collect if the race finishes exactly You can Box, Key or Wheel most of the above bets. Note: Different countries and different race tracks may have different rules, use different terms for how to bet and also for the types of bets.
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