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How to Bet on Horse Racing – Updated for 2023 Preakness

Horse Racing

How to Bet on Horse Racing – Preakness Focus!

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There are many different ways to bet on horse racing. Horse racing is a sport in which horses compete against each other in a race. The horses are ridden by jockeys, who are small and light so that they don’t weigh down the horse. The races are typically held on a track that is oval-shaped and made of dirt or turf. The most common bets are:

  • Win: This is the simplest bet. You simply pick the horse that you think will win the race. If your horse wins, you will win your bet.
  • Place: This bet is for if you think your horse will finish in the top two places. If your horse finishes in first or second place, you will win your bet.
  • Show: This bet is for if you think your horse will finish in the top three places. If your horse finishes in first, second, or third place, you will win your bet.

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Going to Bet the PREAKNESS? Ride along with WagerTalk’s Horse Experts SIG and Marco D’Angelo. Both Sig and Marco can be seen on WagerTalk’s Horse Racing Show “The Pony Pundits”.

BUY SIG’S PICK! SIG covers the Biggest Tracks from around the Country on Daily Basis for WagerTalk supplying his selections and betting strategies in his Daily Horse Racing Report.

BUY MARCO’s PICK! Marco actually Owns, Breeds and Races horses and has done so since 1986. So when Marco shares his selections you are getting information from someone that knows the sport from the Inside.

Buy either. Or both. SIG or Marco by using Coupon Code: PREAKNESS10!

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Exotic Horse Racing Bets

There are also more complicated bets called exotic bets. These bets involve picking more than one horse to win or place in a race. Some examples of exotic bets include:

  • Exacta: An exacta bet is a bet on which two horses will finish first and second in a race, in the correct order. For example, if you bet an exacta on horses 1 and 2, and those horses finish first and second in that order, you would win your bet.
  • Trifecta: A trifecta bet is a bet on which three horses will finish first, second, and third in a race, in the correct order. For example, if you bet a trifecta on horses 1, 2, and 3, and those horses finish first, second, and third in that order, you would win your bet.
  • Superfecta: A superfecta bet is a bet on which four horses will finish first, second, third, and fourth in a race, in the correct order. For example, if you bet a superfecta on horses 1, 2, 3, and 4, and those horses finish first, second, third, and fourth in that order, you would win your bet.
  • Daily Double: A daily double is a bet on the winners of two consecutive races. For example, if you bet a daily double on races 1 and 2, and the winners of those races are horses 1 and 2, you would win your bet.
  • Pick 3: A pick 3 is a bet on the winners of three consecutive races. For example, if you bet a pick 3 on races 1, 2, and 3, and the winners of those races are horses 1, 2, and 3, you would win your bet.
  • Pick 6: A pick 6 is a bet on the winners of six consecutive races. For example, if you bet a pick 6 on races 1, 2, 3, 4, 5, and 6, and the winners of those races are horses 1, 2, 3, 4, 5, and 6, you would win your bet.

BUY PREAKNESS EXPERT BETTING PICKS: SAVE $10 With Coupon Code PREAKNESS10

Going to Bet the PREAKNESS? Ride along with WagerTalk’s Horse Experts SIG and Marco D’Angelo. Both Sig and Marco can be seen on WagerTalk’s Horse Racing Show “The Pony Pundits”.

BUY SIG’S PICK! SIG covers the Biggest Tracks from around the Country on Daily Basis for WagerTalk supplying his selections and betting strategies in his Daily Horse Racing Report.

BUY MARCO’s PICK! Marco actually Owns, Breeds and Races horses and has done so since 1986. So when Marco shares his selections you are getting information from someone that knows the sport from the Inside.

Buy either. Or both. SIG or Marco by using Coupon Code: PREAKNESS10!

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How to place a bet

If you want to bet on horse racing, you can do so at a racetrack or online. To place a bet at a racetrack, you will need to go to the betting window and tell the teller what you want to bet on. You will need to tell them the track, the race number, the type of bet you want to make, and the amount of money you want to bet. The teller will then give you a ticket with your bet information on it.

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2023 Preakness Predictions and Betting Preview | Preakness Stakes Contenders | Pony Pundits
The Pony Pundits are back! Joe, Marco, and Sig share their thoughts on the 2023 Preakness Stakes field. Marco and Sig share their thoughts on all of the contenders with recommended ticket construction and some potential longshots to hit the board.

If you want to bet on horse racing online, you will need to create an account with a betting site. Once you have created an account, you can log in and browse the different races that are available to bet on. When you find a race that you want to bet on, you will need to select the horses that you want to bet on and the amount of money you want to bet. You will then need to click on the “Place Bet” button. The betting site will then process your bet and you will receive a confirmation message.

How to Bet on Horse Racing

BUY PREAKNESS EXPERT BETTING PICKS: SAVE $10 With Coupon Code PREAKNESS10

Going to Bet the PREAKNESS? Ride along with WagerTalk’s Horse Experts SIG and Marco D’Angelo. Both Sig and Marco can be seen on WagerTalk’s Horse Racing Show “The Pony Pundits”.

BUY SIG’S PICK! SIG covers the Biggest Tracks from around the Country on Daily Basis for WagerTalk supplying his selections and betting strategies in his Daily Horse Racing Report.

BUY MARCO’s PICK! Marco actually Owns, Breeds and Races horses and has done so since 1986. So when Marco shares his selections you are getting information from someone that knows the sport from the Inside.

Buy either. Or both. SIG or Marco by using Coupon Code: PREAKNESS10!

How to Win Money Betting on Horse Racing

The best way to win money betting on horse racing is to do your research. Before you place a bet, you should study the horses that are running in the race. You should look at their past performances, their jockeys, and the track conditions. You should also consider the odds that are being offered for each horse. The lower the odds, the less likely the horse is to win.

It is also important to remember that gambling is a form of entertainment. You should never bet more money than you can afford to lose. If you are not comfortable with the risk of losing money, then you should not bet on horse racing.

The Biggest Horse Races

There are many different horse races throughout the year, but some of the biggest and most prestigious races include:

  • The Kentucky Derby: The Kentucky Derby is the first leg of the Triple Crown, and it is one of the most popular horse races in the world. The race is held on the first Saturday in May at Churchill Downs in Louisville, Kentucky.
  • The Preakness Stakes: The Preakness Stakes is the second leg of the Triple Crown, and it is held on the third Saturday in May at Pimlico Race Course in Baltimore, Maryland.
  • The Belmont Stakes: The Belmont Stakes is the third and final leg of the Triple Crown, and it is held on the first Saturday in June at Belmont Park in Elmont, New York.
  • The Breeders’ Cup Classic: The Breeders’ Cup Classic is the most prestigious horse race in North America, and it is held on the first Saturday in November at a different track each year.
  • The Dubai World Cup: The Dubai World Cup is the richest horse race in the world, and it is held on the first Saturday in March at Meydan Racecourse in Dubai, United Arab Emirates.

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