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A handicap race in horse racing is a race in which horses carry different weights, allocated by the handicapper. A better horse will carry a heavier weight, to give it a disadvantage when racing against slower horses. The skill in betting on a handicap race lies in predicting which horse can overcome its handicap. [1]
Hong Kong generates the largest horse racing revenue in the world and is home to some of the largest horse betting circles including the Hong Kong Jockey Club founded in 1884. In 2009, Hong Kong generated an average US$ 12.7 million in gambling turnover per race 6 times larger than its closest rival France at US$2 million while the United ...
Handicapping also refers to the various methods by which spectators can predict and quantify the results of a sporting match. The term is applied to the practice of predicting the result of a competition, such as for purposes of betting against the point spread. A favored team that wins by less than the point spread still wins the game, but ...
A betting strategy (also known as betting system) is a structured approach to gambling, in the attempt to produce a profit. To be successful, the system must change the house edge into a player advantage — which is impossible for pure games of probability with fixed odds, akin to a perpetual motion machine. [ 1 ]
The Dosage Index is a mathematical figure used by breeders of Thoroughbred race horses, and sometimes by bettors handicapping horse races, to quantify a horse's ability, or inability, to negotiate the various distances at which horse races are run. It is calculated based on an analysis of the horse's pedigree.
The term automatic refers to the fact that the bets were automatically summed and a ticket issued when a bet was registered on the issuing machines, and it provided a safe and virtually fraud-free method of betting, replacing the earlier jam-pot totes, which used either paper transactions or some method of counting bets like steel ball bearings ...
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Group races, also known as Pattern races, or Graded races in some jurisdictions, are the highest level of races in Thoroughbred horse racing.They include most of the world's iconic races, such as the Derby, Irish Derby and Prix de l'Arc de Triomphe in Europe, the Melbourne Cup in Australia, and the Kentucky Derby and Breeders' Cup races in the United States.