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Betting on horse racing or horse betting[1] commonly occurs at many horse races. Modern horse betting started in Great Britain in the early 1600s during the reign of King James I. [2][3] Gamblers can stake money on the final placement of the horses taking part in a race. Gambling on horses is, however, prohibited at some racetracks.
1) The list of mares that a stallion will breed in a given breeding season. A full book is when the maximum number of mares the stallion is deemed able to breed has been reached. 2) A jockey's riding commitments for races. An agent usually is the person who manages and books the races a jockey is to ride.
Parimutuel betting. Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing the pool among all winning bets. In some countries it is known as the tote after the totalisator, which ...
To work out your potential winnings, simply multiply your stake by the odds shown. For example, a bet that is offered at 5.00 means that you would win £5 if you bet £1. To calculate the ...
Trifecta. A trifecta is a parimutuel bet placed on a horse race in which the bettor must predict which horses will finish first, second, and third, in the exact order. [1] Known as a trifecta in the US and Australia, [2] this is known as a tricast in the UK, [3] a tierce in Hong Kong, [4] a triactor in Canada [5] and a tiercé in France. [6]
Placepot bets explained. Pool betting is an older form of gambling, pre-dating online betting sites and betting apps, but it remains popular and is a bet that people enter, paying a certain price ...
The Beyer Speed Figure is a system for rating the performance of Thoroughbred racehorses in North America designed in the early 1970s by Andrew Beyer, the syndicated horse racing columnist for The Washington Post. First published in book form in 1975, the Daily Racing Form began incorporating Beyer Speed Figures in a horse's past performances ...
Horse racing betting is legal in the United States with a unique legal status compared to other forms of gambling. The Interstate Horseracing Act of 1978 grants specific exemptions to horse racing from federal anti-gambling laws. American betting on horse racing is sanctioned and regulated by the state the racetrack is located in. [21] [22]