Betting The Ponies Can Be Fun, Just Have a Plan

If you have an opportunity to go to the horse races or prefer to head over to the local off-tracking betting facility, a day to kick back and relax and have a little action is often enjoyable.

Horse racing is not as popular as it once was outside of the Triple Crown races, but to look at a racing program, make a few decisions that could win you some cash and have time to sit with your wife, girlfriend or friends and have a few beers and laughs, well, that's what life is all about.

The Finals Bonus

For most people, going to the track or OTB is recreational and there is nothing wrong with that. If you like number combinations, a horse's name or certain colors, on particular days that can win money.

However, the focus here is on newcomers or those that have a greater interest in winning and want to learn more about horse racing.

Learn a Few Basics

Depending on if you go to the track or to the local OTB, spending a few bucks on a program, tip sheets or the Daily Racing Form program, all can provide very useful information.

Tip sheets are just picks and they usually are from handicappers familiar with the track, and the type of horses that run at a particular track.

The track program offers information on each horse in a race that day along with information usually on a jockey's success and owner's success. Both these are available for live racing.

If you head to the OTB, the Daily Racing Form is normally sold there and it has a myriad of information that can help you make the best choice possible. In this paper will you find info about the horses, jockey's and owners, but race-related elements like this.

* Speed Ratings

* Ability To Run Down the Stretch

* Preferred Distances

* Number of Wins or Top 3 Showings

* Competing With Similar Horses or Moving Up or Down in Class

* Results on Dirt or Turf

For those that want the most information possible to make the smartest wager, this paper has it all. There is also a DRF app for your phone that has all the same intel and you place bets on your phone. This possibly not quite as much fun as hanging with friends, but definitely another option.

Check our Sportsbook Review

Helpful Hints On Betting Horses

* The top ten riders in the jockey standings win about 90 percent of the races run on a given day.

* Favorite horses win about 33 percent of the time, although at low payoffs.

* $5 Show bets are not a bad strategy to win bets.

These have modest payouts, but if the tip sheets or the numbers have a horse odds at 3rd to 5th and the horse wins the race, you have a bigger payoff and three shots at winning. This all depends on your thinking to generate a profit or go after the larger pot.

* Exacta, Trifecta, Superfecta and Daily Doubles are all hard bets to win.

This is not to say you cannot win, rather it is just difficult. If your bankroll is $100 for the day (not including food and drinks), taking 20 percent of it and trying to make a bigger score is a reasonable choice.

* Quinellas offers you more betting options, though generally, lower payouts than exactas.

As compared to an exacta, a quinella allows you to take two horses and as long as they finish in first and second, you win.

The idea is to have fun betting the ponies and winning only enhances the enjoyment.

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