Sports Arbitrage Book:

Arbitrage Betting – Horse Racing

“How To Profit From

Arbitrage Betting
With Horse Racing…..”

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Arbitrage Betting – Horse Racing

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 Sports Arbitrage Book:
Arbitrage Betting – Horse Racing

Part 1 - Advantages

Horse racing has been glamorized by movies, popularized by the availability of

betting venues, and serialized as many gamblers follow the same horse or
horses from race to race throughout different seasons.

Betting on the fastest horse can be traced as one of the earliest forms of
gambling in the world. Getting involved in horse racing is not as simple as placing
your first bet, however. There are many facets to consider when betting on
ponies, and understanding various options and scenarios can make you more
successful as a bettor.

You have many options on sporting events to place bets upon: college football,
professional football, baseball, basketball, tennis, motor racing - the list is nearly
endless. There are, however, advantages to betting on horses.

Unlike betting on organized team sports, you can benefit from betting on horses
even if you do not pick the winning horse. While betting on a losing team in
football may still earn you money if you successfully cover a spread or predict the
results of a kickoff or other game event, there are even more variables in horse
racing that can bring you attractive returns on your initial wager.

Even if your horse only places second or third, you can win from placing place or
show bets. With arbitrage betting, you can see a return on your bet no matter
which horse wins.

Another advantage of betting on horses is the availability of races to bet on.

While many other sporting events run only in specific seasons, bettors can find
races to follow throughout a vast majority of the year.

If you are looking for a lot of action as a gambler, horse racing is the ticket:
instead of weekly events or sports where you have to wait long periods of time
between actual times of play, horse racing is available constantly and
consistently.

One final advantage of betting on horses is that new blood is constantly being
introduced into the sport.

While other forms of sports betting may offer new players on a sporadic basis,
you can find new horses on various circuits on nearly a daily basis. So while the
average horse may have a career shorter than the average baseball outfielder,
there is never shortage of new contestants to follow and bet on.

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Arbitrage Betting – Horse Racing

Part 2 - Basics

There are several different types of bets you can place on horse racing events.
Knowing what these kinds of bets entail and how to place them will help you to
be more successful as a bettor.

Before even beginning to place your bets, you need to do your homework on the
horses that can earn you money. You can study reports on individual horses to
see what their performance expectations are.

You can look at the history of the jockeys who will be running the horses, to see
what strengths or weaknesses they might have. You must also pay careful
attention to odds given by bookmakers for individual horses, and balance those
odds against your other research.

Straight Betting

Traditional betting is often called straight betting. In straight betting, you are
picking the horses you think will finish first, second and third, known in the horse
racing world as win, place and show.

You can either bet on three horses individually to win, place and show, or you
can bet on one horse to win, place or show. In the first instance, the exact horses
you pick to win, place, or show must place as you have bet on them for you to be
successful. In other words, if you pick a horse to show and it actually wins, you
have not won.

Across The Board Betting

In the second instance, however, you will have a successful bet if the horse you
choose gets either first, second or third place. In fact, if you place a win-place-
show bet and your horse wins, you win the odds on each of the three places.

If your horse places, you win the odds on the place and show bets. And even if
your horse only shows, you will still have won one of your three bets. Betting on
one horse for win, place and show is called across the board betting.

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Arbitrage Betting – Horse Racing

Part 3 - Betting Options

Venturing beyond straight betting, there are many forms of exotic bets that can
be placed on horse races.

Quinella Bet

If your research and the odds leave you feeling good about two horses in
particular, you can place a quinella bet, which will allow you to pick both horses
to win or place in either order. This bet does not lock you into identifying which
horse will finish in which position, but lets you benefit from multiple outcomes.

Exacta Bet

If you favor two horses but want to bet on exactly how they will finish - specifically,
first and second, you can place an exacta bet. Exacta betting often offers a
higher rate of return than quinella betting, because you have identified the exact
position in which a horse will finish.

Trifecta Bet

Going one step further, another option is a trifecta bet. Like an exacta bet, you
will need to pick two horses and identify which will win and which will place. In
addition, you will also pick a third horse, which you predict will show.

Less popular, but offering a far higher rate of return, is Superfecta betting. With
this type of bet, you will pick four horses and identify whether they will finish first,
second, third or fourth.

Adventurous bettors looking for a consistent rate of return and who have more
money to bet with up front may be interested in arbitrage betting. This type of
betting involves wagering not only on the horses that will race, but also on the
differing odds offered by differing bookies. In arbitrage betting, you will bet on
each possible outcome for the horse race.

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Arbitrage Betting – Horse Racing

Part 4 - Betting Season

Can horse racing ever result in guaranteed winnings? Yes, if you know about
sports arbitrage. Instead of going through one bookmaker to bet that each horse
will win, however, you will place different bets with a different outlet.

The theory behind arbitrage betting is that you will profit by arranging your bets to
take advantage of the best odds offered by various bookmakers.

By taking each individual outcome into consideration with the best odds possible,
arbitrage betting is often referred to as surebetting - offering a sure way for
gamblers to make money regardless of which horse wins.

Horses racing events are held all year round, at venues located around the world.
Because of the ability to find races at almost any time, you can place bets
anytime. Once you get involved with horse racing, you may find that you have
your own preferences over when to bet.

For instance, you may find that you more enjoy betting when there are live races
(as opposed to races simulcast from remote locations) at your local track.

You might also find that springtime offers the most exciting betting opportunities.
Running between early May and early June, the Triple Crown is considered the
most popular series of all horse races.

Including the Kentucky Derby, the Preakness Stakes and the Belmont Stakes,
you will have additional betting opportunities by following the same horses from
race to race and betting against the odds that one horse will win all three events.
However this has only occurred a handful of times in more than a hundred years.

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Arbitrage Betting – Horse Racing

Part 5 - Bookmakers

With so many bookmakers available, figuring out which bookmakers to use takes
finesse. First, look carefully at the policies a bookmaker uses. Is there a minimum
bet amount? During which timing will they accept bets? How fast are payouts
made? All of these factors are very important to the health of your bet.

Next, evaluate the bookmaker’s reputation. Beware of fly-by-night operations

because you may place a bet and never see a return even when you win. Ask
around, directly or virtually, to see what feedback is available for the bookmaker
you are evaluating.

Finally, look at the ease in placing a bet with a specific bookmaker. Is it as simple
as a click of your mouse – or will you have to jump through hoops just to pick a
horse? Unless the odds offered are phenomenal, it is smarter to stick with
bookmakers who make the process easier.

Events That Affect Race Results

Like any sporting event, horse racing can be volatile. Any number of events can
affect the outcome of races. By being aware of those circumstances, you can
place smarter bets – or at least be prepared when a situation arises. First, look at
the overall health and racing schedule of a horse. Is one particular horse run in
race after race, without adequate time for rest?

This will probably not be the strongest competitor to bet upon. Also look at the
racing history of a horse, are they racing against horses of comparable ability or
has their owner placed them in a race against obviously stronger or weaker
opponents? This can greatly change the outcome of a race.

Next, look at the jockey that will be running the horse, and how long they have
been working with that horse. Newer horse-jockey relationships can be rockier
than established partnerships. Also, look to the temperament of the jockey - how
hard to they push their horses? Are they known for last minute runs or fades?

Finally, expect the unexpected. On any given day, the healthiest of horses can
break a leg. At random times, a previously solid jockey-horse team can fall apart
for no reason. Slight condition changes at the track can throw a monkey wrench
in the outcome. Like any other betting opportunity, never put all of your eggs in
one basket & expected the unexpected then you can bet smart!

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