So, you want to start betting on horse racing .
You want to place a bet online for the Kentucky Derby.
What about betting on the Belmont Stakes . the Breeder's Cup Classic . the Preakness Stakes .
Online Horse betting is easy and fun, but like other games of skill (and Horse Racing is that you can bet for FUN before you bet with real money. That way, you can test the waters and make mistakes that don't cost you anything (except your pride!) before taking the step to bet on horses for real money.
Before you go to Bet On Horses . we suggest that you educate yourself about how to bet on horse racing .
Kentucky Derby Betting How-To Page
Although it’s not the only great part about the Derby and horse racing. wagering and handicapping is certainly where the fun is had while you’re at the track, unless you’re losing money of course.
In this section Call to the Derby Post will attempt to teach the basics of betting on horse races. If you’ve never gambled at the track before, or if it’s been awhile since you put your last $2 down, this page is for you. Later in the page, Call to the Derby Post will share some of its Derby betting tips, although the place for handicapping the race itself is The Official Call to the Derby Post Tip Sheet. How to Use the Call to the Derby Post Betting How-To Page:
Divided into several sections, the Betting How-To Page is an introductory explanation of how to bet on horse racing. Throughout the explanation there will be definitions of important terms. The text of these definitions, as well as most of the info on this page, are taken from the official Web site of the Daily Racing Form. the bible of horse racing. Feel free to utilize this page as you wish; while reading the page straight through is recommended, you can also pick and choose whichever subject you desire.
Call to the Derby Post assumes no responsibility for any losses you may incur at the track, and likewise takes no credit for any winnings. Gamble at your own risk.
The Basics of Horse Race Betting
Important Horse Racing Terms
First, let’s get a definition of the term used for horse race betting, handicapping. Handicapping means evaluating the various factors of a horse’s history, then balancing that information against the same info on horses in the same race. Simply put, it is the technical way of determining which horse will win a given race. Factors to study include pedigree, trainer, jockey, class, track, pace and speed.
Pedigree A horse's ancestral line. If a horse's sire or dam were winners, then chances are that horse could be a winner also. Trainer The person responsible for a horse's development and race preparation. Not to be confused with the owner, whose claim to the horse is purely financial. Jockey The person who rides the horse during a race. If you didn't know that already, you may want to avoid handicapping and stick to the mint juleps. Class The level or quality of race at which a horse is running. Most well-known races are graded, Grade I being the highest, Grade III the lowest. For instance, if
a horse which normally runs in only graded races were to step down in class and run in a non-graded race, that horse would be a sure favorite. If a horse were stepping up in class, that horse might, though not always, be less of a favorite. Movements between class is a great way to distinguish horses in a given race. Track The actual place where the race is held. Often times a horse that races well on one track will struggle on another. Pace How a horse likes to run a race. Some horses like to take the lead early and try to hold it, others like to reserve energy and come from behind. Pace and the distance of a race go hand-in-hand. Speed How fast a horse usually runs. Speed horses generally take to the lead early and establish pace. Those with stamina hope to outduel speed runners by the end of the race.
While you might already have a good idea of what a track is, there are some basics to be covered which will probably answer a question or two for novices. First, there are two types of racing surfaces, dirt and turf. All Triple Crown races are raced on the dirt. Second, most tracks are one-mile ovals. For races that are longer than one-mile—the Derby is a mile and a quarter—the starting gate is lined up with the appropriate pole. The poles are placed one-eighth of a mile apart. In racing terms, one eighth of a mile is also a furlong. (A lot of horse races are six furlongs, or 3/4 of a mile, long.) So, the starting gate for the Kentucky Derby is located at the 2/8 (or 1/4) pole, which is 1/4 mile from the finish line; the horses complete one and a quarter ovals. (The numbers attributed to poles refer to their respective distance from the finish line.) The poles themselves are color coded: 1/8 poles are green and white, 1/4 poles are red and white, 1/16 poles are black and white.
Why are the poles important? Because when looking at the racing record of a particular horse, you can tell where and how in previous races the horse was running. If a horse was leading but then tired at the 1/4 pole, it ran out of steam a good quarter-mile from the finish and probably lacks stamina.
Types of Bets
OK. Now we get to the fun stuff. These are the most familiar types of wagering available at horse tracks:
- Win: You win if the horse you bet on wins.
- Place: You win if the horse you bet on wins or comes in second.
- Show: You win if the horse you bet on wins or comes in second or third.
- Across the Board: A bet on a horse to win, place and show. If the horse wins, the player collects three ways; if second, two ways; and if third, one way, losing the win and place bets.
According to these definitions, it would seem to make the most sense to make show bets in order to guarantee a payoff. A show bet may indeed increase the chance of a payoff, but it will also lower your payoff. Let’s look at the following result:
1998 Kentucky Derby Results