The Three Best Bets in Horse Betting
Horse betting is pretty an exciting gambling activity. There are some betting tips that you can apply so that you have the greater chance of ending up being the big winner in horse betting. The most important betting tip that you need to remember in horse betting is to completely avoid the so-called gimmick bets like these two - Trifectas and Superfectas. These gimmick bets provide you with the worst winning odds in horse betting. The best bets in horse betting are these three normal bets - win bet, place bet, and show bet.
The easiest bet in horse betting is the win bet because you will just have to make the simple decision about which of the horses do you think will come out the winner of the race and then place your bet on that particular horse. If ever you win in your win bet, you will be paid out according to the specified payout for that horse that usually ranges from 1:1 and 50:1. The payout for your win bet in horse betting is totally dependent on how favorite is your horse with the crowd.
The place bet in horse betting will let you place your bet on a specific horse that you think will end up either first or second placer of the race. If that horse end up being the second placer, you will definitely receive a large payout from horse betting. But when that horse will end up being the first placer of the race, the amount of your payout will be a little lower. The goal of the place bet in horse betting is for you to make your bets on the horse that you believe will become the first or second among the rest.
The show bet in horse betting is done by placing your bet on a specific horse that you think will end up in one of the top three places in the race. You will receive the biggest payout in horse betting if that horse will finish third but if it finishes first or second, your payout is quite lesser.
Now that you have already known the good betting tips in horse betting, you need also to know how to look for the right horse to place your bet on in the race. It is recommended that you place your bet on horses that that have already raced for the past weeks because horses that don't race recently may have some injury or else they have lost a little of their race speed due to the days that they weren't able to race.
A good horse to bet on in horse betting is the one that race consistently and has an experienced jockey riding in the back.