Tuesday, March 20, 2007
BETTING THE KENTUCKY DERBY
Monday, February 5, 2007
Gambling on Horses
Horse racing is considered by many people to be the most exciting type of gambling there is. Gambling on thoroughbred horses gives you an unmatched excitement that nothing in gambling can match. It is always said that the Kentucky Derby held at Kentucky racetrack is the most exciting two minutes of the year. I would agree.
When gambling on thoroughbred horses we need to know the basics. You can bet horses to win, place, or show. That is pretty simple in that it means finishing first, second or third. If you bet a horse to place if he finishes first or second you will win your bet. If you bet to show, the thoroughbred horse only needs to finish in one of the top three positions for you to cash your ticket You can also gamble on exactas, quinellas, trifectas, daily double's pick three’s, pick four’s, and pick sixes. An exacta is picking the exact order of finish of the first two horses. A quinella is similar, but either or your two horses can finish first or second for you to win your bet. A trifecta is betting the exact order of the first three horses. We already know that picking the exact order is sometimes difficult so you can do what is called boxing horses. For example, lets say you like four or five horses really in a nine-horse field. You box those four or five horses. If any of those thoroughbred horses finish first or second you would win an exacta box. You can do the same thing with a trifecta and box multiple horses. You should know that the more horses you put in your box the more expensive it gets.
Let's look at those multiple horse racing gambling bets. They are the daily double, pick three, pick four, or pick 6. They can be difficult to hit because we have to get the winner of three horse races in a row to hit the pick three, four for the pick 4 and all six for the pick 6. The daily double is usually the first two horse races of the day or the last two of the day and you need both winners to collect. Pick three’s are usually available throughout the card, while pick 4’s are usually the last four races of the day and the pick 6 usually the last 6 races of the day. It is not easy to hit these multiple race bets and you will need to box thoroughbred horses together to have a reasonable chance. For example, you could box three horses in each race of a pick three for a total of $27. That gives you three thoroughbred horses in each race and if any of the three was a winner in all three spots you would collect. Boxing three horses in each leg of a pick four would cost you a total of $81. Now you can see how expensive it can get if you are playing the pick 6 and want to get more than one or two horses into each slot.
There is a lot more to horse racing gambling but this should get you started. Horse racing gambling is extremely exciting and definitely something that everyone should try at one time or another.
