If, for example, you want to pick an exacta with the No. If you think a horse has a 25% ⦠This strategy is simple and only to be used when you are incredibly confident in the order of finish. Rather than bet a $1 three horse box for $6, you could play a straight $6 ⦠If your system focuses on finding horses with a 45% chance of winning at odds of 2.50, for instance, you should come out on top. If you bet $10 on each horse, then in case of success you can win $40-50. Straight Bets - Win, Place and Show Betting. If you want to bet successfully, you need the right bookmaker. A horse that has fired a pre-race 4 furlong bullet within their last two works when there are at least four or more works at that distance is live, especially a first time starter. Win Betting - You bet on a horse to win. Horse Racing Betting Guide: Taking Care of the Basics As with most skills, success when betting on horses only comes after youâve dedicated a fair amount of time perfecting your craft and learning from your mistakes â and sometimes, most importantly of all, a little bit of luck! For example, one horse has 4.00 odds, while the other has 5.00 odds. Place Betting - You bet on your horse to finish in the place ⦠5 horse to come in first and the No. To learn more about win wagering strategies please see our expanded page on betting horses to win. In an exacta bet, youâre picking two horses to finish in first and second places in a specific order. Expert handicapper Andy Serling shows Wendy Bounds the ins and outs of betting the ponies. Events like the Super Bowl, Cup finals and major horse racing events are prime candidates for this sort of opportunity. Find a race with at least 10 horses, choose a horse with the lowest odds and bet against them. There are many horse racing tournaments around the world and a wide range of betting options, from the conservative show wagering for a small profit to the Pick 6 bet ⦠Betting on horse racing online can be an exciting way to spend the money you have set aside for gambling. For instance, a horse at 2.50 (6/4) odds is given a 40% chance of winning. You will need to find bookmakers that actually let you win. Tips on How to Bet On Horse Racing: Online Betting Guide. Your top plays should offer value â in other words, a horse you think has a much better chance to win than his morning-line odds when planning, or live odds when betting, indicate. If there are a lot of ties and you have a lot of horses with multiple check marks, this means the race is competitive and you might want to choose another event to bet on. Bet profitability will vary from $20 to $30, depending on which horse comes in first. You will make your Win bet on the horse with the best trainer. Trifecta Straight Betting - Scenario 4 - You like three horses in exact order. A successful betting system will always involve backing horses at better odds than their actual chances of winning. You like three horses, 1, 2, and 4 to finish in the exact order 2-4-1. There are lots of different factors that need to be considered when betting on horse racing and one of the most common mistakes by beginners is to just use the odds to work out which bet to make. You should win this type of bet roughly 80% of the time because of the number of horses in the race. Not only should you compare odds but you need to also pay close attention to weather conditions, injuries, type of ground, form, jockey ⦠Instead of picking the winner, you are betting on a horse that will not finish in the top three. Examine the horse's breeze pattern. Look at the trainer stats for the top three horses in the event. Feel free to apply this strategy to three or more sports bets. 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