Richard Eng

Richard Eng, a former researcher/writer for ABC Sports, has been involved in thoroughbred horse racing for more than 20 years. He currently hosts a radio show on horse racing.

Articles & Books From Richard Eng

Betting on Horse Racing For Dummies
Betting on Horse Racing For Dummies is packed with information that teaches you the ins and outs of the racetrack. You’ll learn how to improve your odds, avoid common betting mistakes, and just plain have fun at the races. This is a spectator’s easy-to-understand guide, so you’ll have no trouble identifying the racing breeds with their strengths and weaknesses, sizing up the jockey, understanding the importance and role of a trainer, placing bets, managing money, and beyond.
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Cheat Sheet / Updated 12-07-2022
People have been betting on horse races since horses have been running. Betting on the outcome of formal horse races can be fun and profitable if you know what you’re doing and can beat the odds.This handy Cheat Sheet has advice on what to pay attention to and what tools can help you at the track, as well as the mechanics of placing a bet, the types of bets you can place, and your odds of winning.
Article / Updated 03-26-2016
Before the advent of parimutuel wagering, horse race betting was done with bookmakers. Bookmakers, also known as bookies, are essentially businesspeople that handle gambling bets — mainly on horse racing and sports. Bookmaking is now illegal in the United States, but it's a highly respected business in other parts of the world.
Article / Updated 03-26-2016
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Article / Updated 03-26-2016
You’re betting on horse races and want to know how much your winning bet will give you. To compute your $2 win price, take the odds of your horse and multiply the first number by 2, divide that by the second number, and then add $2 — simple as that! Following is a list of payoffs at various odds for quick reference: Odds $2 Payoff Odds $2 Payoff Odds $2 Payoff 1/9 $2.
Article / Updated 03-26-2016
Betting on horse racing isn’t a complicated procedure. Most often, you place your bet, take your ticket, and tear it up when your bet doesn’t pay off. However, if you’re lucky — or skilled — you get to take your ticket back to the window and collect your winnings. The following list spells out the betting procedure step by step: State the name of the racetrack.
Article / Updated 03-26-2016
When it comes to betting on horse races, before you even place a bet on a horse you need to decide what type of bet to place. As the bets you can make range from a simple bet on a single horse in one race to choosing the winning horses for six consecutive races, you may need to the information in the followin
Article / Updated 03-26-2016
Are you with a group of friends betting on horses at the racetrack? A fun way to bet on horse races that gets everyone in your party involved is a group show parlay. It works like this: Have each person ante up $5, and pool the money. Each person in the group picks one race and one horse to bet to show. Place the first bet, and if you win, parlay the money on the next race and horse.
Article / Updated 03-26-2016
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.
Article / Updated 03-26-2016
Along with your sunscreen (or umbrella!), a few items come in very handy when you’re at the racetrack betting on horses. You may want binoculars to see your favorite pass the finish line, but the tools in the following list are even more useful when it comes to actually placing your bets: Racetrack program: Like a program at a baseball game, it has information on all the players.