Horse racing betting rules are fairly intuitive, but it is worthwhile to review them since there are no direct comparisons with other sports. Oftentimes the lingo and intricacies of horse racing can make certain betting rules simple to confuse. It’s also important that you learn how to wager on horse racing in general.
Within this guide, you’ll learn everything you need to know about horse racing’s fundamental rules.
Horse Racing Rules
It’s important that you know the exact rules are surrounding your bet, regardless of what that wager may be. In regards to horse racing, then you need to be exact to avoid winding placing a bet on the wrong horse at the wrong time.
Though some of the following advice might appear obvious, it is always the better play to quickly explain the rules.
The time a race is supposed to start is”post moment.” It describes the time that the horses arrive in the place which is another expression for the starting gate.
Bets are taken until the horses have been released from the gate. Once the horses are away, all betting is cut off.
Post Positions and Entry Numbers While every horse has a name, it would be extremely tough and time-consuming for lovers in the track to go to the window and say”Two dollars to win on Sporty Girl,” and then have the ticket writer look up exactly what amount and what race and what track Sports Girl is operating in. Rather, each horse is given a number that normally corresponds to their post position.
Ordinarily number one breaks closest to the railing, number two is outside of number one, and so forth. Before you bet, consult the program or racing form and be certain you understand the number(s) of the horse(s) you need to wager on.
Number of Allowed Entries
When multiple horses have been possessed by precisely the same person or group and are operating in the exact same race, they are combined as one gambling interest. This means when you bet on one of them, you get . Entries are almost always number 1 and 1A, though they don’t necessarily break from the rail. If you want to bet on the entrance only indicate number one.
It would be unjust for an owner to have two horses in the same race and also be able to wager on one and not another. Even worse would be an owner entering a horse to aid another, but jeopardize its own chances. That’s why we have entrances; when an owner wants multiple horses in precisely the same race that’s okay, but they are a coupled betting entry: bet on a single and you get both.
Bet by Race Number
Even if you are considering betting the Kentucky Derby, even if you’re phoning in a bet, talking to a teller in person, or wagering online, each race is identified by number.
In the event the Kentucky Derby is the 11th of 13 races on Derby Day at Churchill Downs, suggest you need to wager on race 11. There are races and tracks running on exactly the same day, so pay attention! On weekends there may be a couple of dozen monitors running on the same day, and half of these in precisely the same moment. Knowing that you need #3 in race 6 is not good enough, you need to indicate which track you are wagering on.
If the Kentucky Derby is race 11, then be sure you are betting the ideal horse in the right race at Churchill Downs. Make sure to do your due diligence.
Scratches: When Listed Horses Do Not Race
It is completely at an owner or trainer’s discretion to determine they do not need their horse to run in a race that they previously had entered . For health reasons, the monitor veterinarian can opt to scrape a horse as well.
Should you bet on a horse which scratches in an individual race you are going to get a refund. If you wager on a horse which scratches in a multi-race wager (a parlay style wager ) you either receive a refund, either consolation payout, or in certain cases your bet will shift to the race favorite as soon as the gates open.
Ties might not occur in the NBA or baseball, but sometimes a couple of horses hit the wire at the exact same time. In case of a tie, known as a dead heat in horse racing, bets on tied horses are declared winners. But as there are far more winning tickets than if only 1 horse wins, the payout goes based on the odds.
The bigger priced horse will still pay more than the lower priced horse, proportionately, since it is more difficult to reach a 10/1 shot that gets to the wire at the exact same time as a 2/1 horse. The last odds still matter in dead heats.
In the case of dead heats, the losing bets are redistributed so that cash is allocated to the winners alike. For instance, if there’s $10,000 to divvy up, $5,000 goes towards individuals who chose the 2/1 horse and $5,000 belongs into the 10/1 tickets, however because there are five times as many 2/1 tickets compared to 10/1 bets, the payout is five times as big to people who had the 10/1 horse.
If such pari-mutuel odds and payouts seem confusing, check out our guide to horse racing language along with our guide about the best way best to understand sports odds and payouts.
When a horse or jockey plays out the rules throughout the course of a race, an inquiry can be enforced by the officials.
A horse which inexplicably cuts off another horse, bumps a rival or obstructs a horse by having a fair chance to finish higher in the race can be redeemed or put behind the horse they interfered with in the final finishing order.
There Is Always More to Know!
Now you know the basic horse racing rules, you are prepared to wager!
All betting can be intimidating at first, but given a time they become second nature. To ease the transition, then take a look at our how-to our betting 101 manual for all types of sports gambling.