This page contains just few tips are just a starter tips. If you have more horse betting tips to add to this list, please post them here via our comment form.
We're going to add the best tips to this list, so don't forget to leave your name, website, etc. We're really looking forward to seeing if we can come up with the world's most definitive... more»
Andrew Beyer was the racing columnist for the Washington Post. He invented a measure, named after him, that permits the comparison of horses from race-to-race, track-to-track. The DRF publishes a Beyer Speed Figure for every horse in every race. The inherent speed of the track and the speed of the race, and the speed of the horse are the main... more»
One tricky area is researching more than one horse’s performance in a previous race. The individual horse’s work is really well detailed in the Daily Racing Form’s Past Performance Data (shortened to DRF PP). A question might arise, “What was that race really like?” or “How did the other horses do?” or “How did horse XYZ do against horse ABC?”... more»
You might ask how anyone, especially a newcomer, can possibly assemble all the possible variables involved in handicapping a horse race. It seems like an enormous investment of time and money just to assemble the data. Well, there is good news.
A newcomer can "buy" someone else's handicapping knowledge or obtain the raw data to do handicapping... more»
Nevada's long and turbulent history as a gambling mecca began in the mid-1800's, however, State Law did not formally legalize gambling until 1931. The “Wide Bill”, passed by then State Governor Balzar gave counties the freedom to establish their own licensing jurisdictions, providing a 25% slice of all profits were turned over to the State Fund.... more»
Online gambling is a lucrative economy; you can expect to reap six or seven figure returns over the course of 18 months, depending on your business model. One of the most crucial (and expensive) considerations for any would-be casino or sportsbook provider is licensing – the primary indication of a reputable company regulated in accordance with... more»
The United States of Triple Crown Thoroughbred Racing, commonly referred to as the “Triple Crown” is the most famous and prestigious horse racing event in America’s history. To participate in the races, the horse must be 3 years old. To win the coveted “crown” the horse must win a sequence of 3 races held at 3 different flat, lengthy, dirt track... more»
Throughout U.S. history, horse racing has brought us numerous champions. Some live on in infamy because they have beat the odds and won multiple important races with extraordinary lengths, times, and purses. Many have impressive lineage. There is something about these great Thoroughbreds that make our spirits soar as we watch their victorious and... more»
The spectacular Belmont Stakes, a horse race featuring 3-year-old Thoroughbreds, is the third and last leg of the US Triple Crown races. The Belmont Stakes winner, if having been victorious at the Triple Crown’s previous races – the Kentucky Derby and the Preakness Stakes, both held in May – will have the very exciting, and prestigious distinction... more»
The United States’ Kentucky Derby is a racing event for three-year-old Thoroughbred horses known for its grand parties, celebrity turnout, mint juleps, fashion extravaganza, and of course, the races. Held on Saturday in the first week of May each year at the famous Churchill Downs race course in Louisville, Kentucky, it is an internationally... more»
The Preakness Stakes is the classic and much anticipated second race in the United States Triple Crown of Thoroughbred Racing. Often called the “Race for the Black-Eyed Susans”, referring to the blanket of yellow flowers placed upon its winner, the race is held at the Pimlico Race Course of Baltimore, Maryland.
The annual race takes places on... more»
The Daily Racing Form is the bedrock resource for following the horses. It is indeed a daily newspaper, and it indeed has news stories and editorials and advertisements. But the DRF (as it is called) contains all this handicapping information in tabular format. There are individual charts on each race, showing what the race conditions are, and who... more»
Sports betting involves “taking on the house.”
That is to say, the opposite side of each bet is the sports book itself, not the “pot” created by the poker players or the “pool” created by pari-mutuel betting on horses. This is not a subtle distinction.
The “house” is very experienced at its work in the sports book and a successful wagerer needs... more»
Razz is Seven-Card Stud with one important difference: The lowest hand wins, not the highest hand. Like Seven-Card Stud Hi, it is played with two to eight players.
The Deal
And as in Seven-Card Stud Hi, each player receives two hole cards down and a door card up on the first deal, then three up cards and one down card in the next four deals that... more»
There is no positive expectation for just playing a video poker game correctly, without winning a jackpot.
Without a jackpot win, no one can expect the losses incurred in playing the machine in between jackpots to be fully compensated by the smaller payoffs from the other winning hands.
The first stark reality of video poker machines is that... more»
Kenny Rogers’ song, The Gambler, is heard a lot in Las Vegas. (“You got to know when to hold ‘em, know when to fold ‘em, know when to walk away and know when to run.”) Video poker only involves two of these four skills: knowing what to hold, and when to walk away. The “walk away” part is probably the easiest, so this will be tackled first.
Walk on... more»
General principles of bankroll management apply in the Sports Book. The wagerer should have a bankroll sufficient to conduct a reasonable amount of betting with a good margin of comfort. The money should be separate from any other money required for life, so that a bet is never made in desperation.
Each player develops a system that best suits... more»
From the point of view of the sports book, sports in which individuals compete against each other in a race or tournament can be treated very similarly. The common element is the existence of one athlete in competition with a "field." In this regard, these contests are a lot like horse races.
Individual performance sporting events cannot be put up... more»
Very common to sports betting propositions are the challenges of calculating the number of occurrences of an event during a game, such as the number (but not the length) of punts by one team, or shots taken (but not points scored) by a particular player. Individual counts are treated somewhat differently from those statistics relating to... more»
In addition to bets on the outcomes of athletic events, the sports book will offer bets on lots of other events related to sports. One of them is built into the posting of the game on the board - the point total. If it seems unlikely that the point total of the game will exceed the number on the board (i.e., the number is so high that it's worth... more»
Suppose you are now comfortable in the sports book and familiar with how propositions work. You know how to read the prop sheets and the board and how to calculate the probabilities implicit in the terms offered by the book. What next?
To know whether a bet is worth making or taking, you have to know what the real probabilities are out there in... more»
What is a good sports bet?
The answer to the question involves a really quick refresher on the principles of value betting.
Just as in all other types of successful gaming, the idea in sports betting is to find "value" in a betting proposition. That means finding a proposition in which a given outcome in the real world (sometimes called the "true... more»
It is good advice never to forget that the "other side" of the bet is the book itself. The book is entitled to refuse the action of anyone, without stating a reason. If this should happen, the most likely reason is drunk and disorderly conduct, followed by abuse of the staff. But other reasons may also emerge: (a) the wagerer appears to be trading... more»
Basketball is a popular Las Vegas sports book sport, covering the professionals and the college teams. The lines are in the same format as for football, with totals and spreads (or “point lines”), and also a money line. Futures bets are always available for titles and tournaments, particularly the NCAA tournament in March of each year. Look for... more»
Sports bettors often have a "minimum edge" in mind when making their bets. That is another way of saying that they will not risk money unless they feel sure they have an advantage of a certain amount over the terms implicit in the bet.
How is this calculated?
To illustrate, return to the baseball example of the Cubs playing the Yankees at home. In... more»
