Horse Wagering Online

Wagering on horses online is not much different than going to a racetrack and placing your bets in person. Many who have placed horse bets in person have found placing their bets online to be very similar. Have you ever asked yourself, “How does this horse betting stuff work?” The process of betting on horses is simple.

Here is an example of a horse race. Let’s say you bet on a horse to win at 9/1. Commonly, horse bettors use the denomination of $2 as a bet. If your horse comes in first, you get 9 times $2 which is $18 as your winnings.

The process of betting on horses is simple. Find the horse you would like to bet on and select which spot you think the horse will finish. In addition to selecting a horse to win, you can bet on the horse to place or show. Winning is 1st place, placing is 2nd place and showing is slang for 3rd place. Keep these picks and predictions in mind when you bet on the Kentucky Derby online for 2014. If your horse finishes in one of those spots, your winnings are displayed on the board after the race. The board displays winnings in $2 denominations. If you have bet more than $2 on a race, just multiply accordingly.

Almost everyone in America lives within driving distance of a horse track. At many of these facilities, you can go to the Off Track Betting parlors that allow you to bet on races being run at different tracks all over the world. Online horse betting is also available if your state allows it.