In order to find out how you can place wagers on multiple horses at the tracking race, first you will need to learn the basics of placing a single bet. This task is quite simple; as all you need to do is find out the entry number of the horse you are interested in betting on, then choose the type of wager and the amount of cash you want to place on it. If you are new to horse racing, then it is important to note that most tracks have a beginner window where you can place the minimum wager allowed by that track. The teller, which is the person responsible for registering your bet, will hand you a ticket with all the aforementioned details and you are done.

If you want to make the bet more interesting, then you can choose to place an exacta or trifecta bet. Whilst the exacta refers to picking out two horses and specifying which one will come in first and which one will come in second, the trifecta is basically the same thing with the difference being that you can pick three horses. If you do not want to take that much of a risk, then you can opt for an exacta or trifecta box. These are wagers that enable you to guess the horses that will come in the first two or three positions without specifying the exact order. Another type of option you have available with multiple horse wagers is the key bet. With this you pick the key horse that will win the race and select more horses that will come in second or third.

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It is now quite easy for beginners to start betting on horse racing and actually be successful in choosing winners of the race. It is prudent for a beginner to understand the fact that this game is a gambling one and wagers are involved. Each bet is a pledge of some amount for a horse to win and, depending on the outcome, this pledge will be honored. You can find all manner of bets and wagers at almost all tracks.

Types of wagers

The win opens the list of the types of bets available. Here, you collect on your bet if the horse you bet on is the first horse to finish the race. The minimum wager at most tracks is $2. Another type of bet is a place, where a horse will collect if it finishes first or second in the race and the minimum wager is $2. Show, is the third type of bet and in this wager your selected horse must be amongst the top three to finish. Again, the minimum wager is $2 at the track.

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Horse racing handicapping should include analyzing the human element, especially in claiming races when a horse makes his first start for a new trainer. It’s quite common among novices simply glance at a horse’s speed indexes and final times when making their selections, but wise handicappers compare the records of the current and previous trainer. The several questions may arise: when is the right time to wager on a horse in a new barn, why does a horse suddenly improve or regress for a new trainer, what rules should we understand about a newly claimed horse?

We must first analyze the record of the former conditioner before we judge whether a trainer can improve his recently claimed horse, for instance, if high-percentage trainer claims a horse from a trainer with a poor winning percentage, we can assume the horse will improve in his new surroundings, and if a low-percentage trainer claims a horse from the track’s leading trainer, we can conclude the animal won’t improve – more than likely, he will regress.

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Putting together a system is not as difficult as it may sound, even for a beginner. The important thing, and with any betting, is that you write down every rule and follow it for at least 100 bets. You do not need to trade real money, paper trading is best at first. If after 100 bets it is in profit, you can then give it a betting bank and start gambling.

Starting an untested system with real money, and packing it in on its first losing run, putting it down as failed, will only cost you more and more money in the long term. Being patient saves you money.

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