Helpful Facts for Betting on Horse Racing
Part of the Betting on Horse Racing For Dummies Cheat Sheet
When you’re at the track betting on horse races, you’re looking to put yourself in the best position for winning, right? Of course you are, and the facts and stats in the following list can help you better your odds:
Every racetrack has a television simulcast commentator who handicaps between the races. Listen and see if you can pick up any good tips to bet on.
The top ten riders in the jockey standings win about 90 percent of the races run during the meet.
Favorite horses win about 33 percent of the time, although at low payoffs.
The morning line isn’t who the racetrack oddsmaker likes in the race. It’s his prediction of how the public will bet the race. A no-brainer method of betting overlays is to play a couple bucks on horses going off at odds two to three times higher than its morning line.