Animal racing betting games pools

More importantly though, it means that there will be more liquidity in the pools, with opportunities better value as a consequence. With more individuals betting into the pool it means that big stakes bettors will have less of an impact on the dividend, providing more robust betting opportunities.

UK runners could be underestimated by the international pools, or the raiders could be looked over by the UK Tote customers. This difference of opinion could ensure a bigger price that one might be expecting about certain horses on the day.

What are the World Pool days? World Pools were available on both Royal Ascot and British Champions Day last year, where bettors had the chance to win a share of some monumental pools. As well as the straight Win and Place markets, World Pool will be in operation for a number of Exotic bets such as the Tote Swinger and Quinella, which were involved last year, plus new additions the Exacta and Trifecta.

Some of these bet types are extremely popular in other racing nations, even more so than the Win market. What bet types are eligible for World Pool? All the bets of a similar type are placed in a pool. The bookmaker takes a commission on every bet and the remaining money is distributed amongst the winners, with the payouts determined by the frequency of the successful bets.

For example, a winning bet on a favorite yields a lower payout because a lot of people place the same bet so the money is shared more widely, while betting on an outsider is considerably more profitable. The same logic applies to more complex bets. With a trifecta for example, you need to make three separate correct predictions to win your bet.

This is by far the dominant form of horse betting in the US. In that case, you are betting against the book on a line set by the book. With horse racing, you are effectively betting against other members of the public. Types of Horse Bets and Wagers There are tons of ways to bet on horse racing, and online racebooks like TVG and TwinSpires offer a huge variety of bets on hundreds of tracks around the country.

For beginners, some of the betting options can feel overwhelming at first. That said, TVG and TwinSpire both do a good job of explaining how all their bets work, including exotics, as well as providing handicapping services and other form guides. Remember that the payouts are determined by both the difficulty of the prediction and how the rest of the public bets. Straight bets Win, Place Show typically have lower payouts than exotics, which are more like parlay bets and require multiple correct predictions.

Straight bets: Win — a bet on which horse will win the race, straight up. If your horse wins, you win the bet. Otherwise, you lose. Place — You win your bet if the horse finishes either first or second. Show — You win your bet if the horse finishes first, second or third. Horizontal exotic bets: Daily Double — You need to correctly pick the winners of two races in a row. With each of these bets, you need to make all your selections before the first race begins.

Pick 3 — Correctly pick the winners of three races in a row. Pick 4 — Correctly pick the winners of four races in a row. Pick 5 — Correctly pick the winners of five races in a row.

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