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  2. Betting on horse racing - Wikipedia

    en.wikipedia.org/wiki/Betting_on_horse_racing

    A bet to win, sometimes called a "straight" bet, means staking money on the horse, and if it comes in first place, the bet is a winner. In a bet to place, you are betting on your horse to finish either first or second. A bet to show wins if the horse finishes first, second or third. Since it is much easier to select a horse to finish first ...

  3. Parimutuel betting - Wikipedia

    en.wikipedia.org/wiki/Parimutuel_betting

    Bettors usually make multiple wagers on exotic bets. A box consists of a multiple wager in which bettors bet all possible combinations of a group of horses in the same race. A key involves making a multiple wager with a single horse in one race bet in one position with all possible combinations of other selected horses in a single race.

  4. Mathematics of bookmaking - Wikipedia

    en.wikipedia.org/wiki/Mathematics_of_bookmaking

    In gambling parlance, making a book is the practice of laying bets on the various possible outcomes of a single event. The phrase originates from the practice of recording such wagers in a hard-bound ledger (the 'book') and gives the English language the term bookmaker for the person laying the bets and thus 'making the book'.

  5. Kentucky Derby betting strategy from Ed DeRosa: Here are ...

    www.aol.com/kentucky-derby-betting-strategy-ed...

    My selection process includes placing horses in one of the following categories: Can win, worth betting. Can win, not worth betting. Longshot threat to win. Longshot threat to be in superfecta ...

  6. Advance-deposit wagering - Wikipedia

    en.wikipedia.org/wiki/Advance-deposit_wagering

    Advance-deposit wagering (ADW) is a form of gambling on the outcome of horse races in which bettors must fund their account before being allowed to place bets. ADW is often conducted online or by phone. In contrast to ADW, credit shops allow wagers without advance funding; accounts are settled at month-end.

  7. Glossary of North American horse racing - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_North_American...

    In the money 1. For a horse to finish in the top three placings, where bettors win money. 2. Less often, for the horse to finish in the top four, where the horses win prize money. [28] Inquiry 1) When track stewards review the race to determine if there was an infraction of the rules. 2) When the "inquiry" sign is placed on the tote board.

  8. Here’s why you shouldn’t put your faith - or money - on ...

    www.aol.com/why-shouldn-t-put-faith-205333086.html

    Betting on the US election is a new opportunity with no historical accuracy but that hasn’t stopped people from making wagers Here’s why you shouldn’t put your faith - or money - on election ...

  9. Harness racing - Wikipedia

    en.wikipedia.org/wiki/Harness_racing

    Price for one "row" is 1/2 SEK (approximately 0,05 euro) but if, for instance, betting on 2, 5, 1, 7, 7, 1 and 4 horses in the seven races the price multiplies as 0.5 × 2 × 5 × 1 × 7 × 7 × 1 × 4 = 980 SEK (approximately 92 euro). The bettors win money if they get all seven, six or five horses right within the system.