Betting on Horse Racing31st Jan 2017 |
Lenny is being generous and offering a way topick up some extra
profit on a daily basis to giveyou powered odds for a variety of sporting events.One of the oldest betting games that has maintained its popularity is Horse Racing. Currently, betting on Horse Racing has no more time and place limits since you can now place your bets online, anywhere, and anytime without having to be physically present at the actual race. Even if you are playing somewhere different from where the race takes place, your bets will still be based on the actual results. Hence, sufficient knowledge of the horse and the skills of the jockey remain significant factors to consider in your wins.
Betting Options and Odds of Winning
The chances of winning the pot money in Horse Racing may vary depending on the type of bet you are placing and the amount of bets placed by the other players. In some cases, you will not know how much you are going to win until you actually win. Nonetheless, there are variations of bets with different winning odds. Hence, it is important to know the basics of betting in virtual Horse Racing.
A common betting type is the ‘Win Bet,’ where bets are placed on the horse that secures the first position in the race. Hence, bets on the other horses are considered lost. The chances here are low, but the pot money is also bigger. Alternatively, you can opt for the ‘Place Bet’ for the horse that finishes either first or second, or go for the ‘Show Bet’ where the payout goes to the horse that finishes third or higher. Apparently, the odds here are better, but the payout is lower compared to the ‘Win Bet.’
The focus here is not just winning but how much money you will win. Therefore, you need to balance properly the number and amount of your bets, the odds of winning, and the betting habits of the people around you to maximise your profits.