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NBA SPORTS BETTING LEGAL

More people tend to bet on the favorite, so when the favorite wins, the portion of the pool assigned to that horse has to be split up among more people. When a longshot horse wins, there tend to be fewer people backing that horse, so each bettor collects more winnings. There are all kinds of different bets that can be placed on a single race. The general rule is that the more difficult the bet is to win, the higher it pays.

For example, a straight bet on a single horse to win pays pretty well, but a bet on the exact finishing order of the top 3 horses pays even better. There are three different types of straight bets. These wagers are pretty simple and act as a good starting point for newbies. An across the board bet is actually three wagers in one.

It is a combination of a win bet, a place bet, and a show bet all put on a single horse in an upcoming race. The end result is a combination of bets that pays for a horse that finishes anywhere in the top three:. In summary, an across the board bet provides a handsome payout if the selected horse finishes in first place but provides consolation prizes if the horse finishes second or third. Exotic bets are more complicated than straight bets. In an exotic bet, you make multiple picks that include more than one horse and maybe even more than one race.

In this example, you need the 1 horse to win, and then any of the other three horses to finish in 2 nd and 3 rd place in no particular order. What makes parimutuel different is that all bets are pooled together, the house takes a cut, and then payouts are divvied out to the winners. Now that you have a grip on the basics of horse betting, you can apply that knowledge to betting on the internet. The only difference is that instead of talking to a cashier at the racetrack, you select your wagers onscreen using your mouse and keyboard.

The next step is to fund your account. Then, you can choose from a number of deposit methods :. You pay cash for the Moneypak and then redeem that Moneypak online by typing in the unique number on the back of the card.

The modern-day equivalent of chariot racing, harness racing features a single horse pulling a rider on a two-wheeled cart. Major horse racing betting sites cover harness racing in great detail, including free race previews and picks, in-depth podcasts, and other educational content.

Online greyhound betting is governed by different rules than horse racing, but the basic idea is the same. In states that allow online greyhound betting, fans are free to use greyhound betting apps to bet on dog races. Numerous states no longer have live racetracks but still allow residents to bet on horse races held in other states over the internet.

The first odds to be posted for any particular race are the morning line odds , often abbreviated as ML. A track oddsmaker determines the morning line by comparing the horses slated to run and his or her expectation of the public betting action. There are two important things to keep in mind when dealing with morning line odds. Secondly, the ML only serves as a rough estimate. As wagers start coming in, the odds will change to reflect the betting action.

The actual odds are what the odds actually are at any given time based on public action. Remember, dog and horse racing are parimutuel activities. That means the payout odds are determined by the amount of money wagered on each horse. After a horse is declared the winner, the pool is split among all people who backed that horse.

To recap: the morning line odds are an estimated of what the oddsmaker thinks will happen that day based on the relative strengths of each horse and anticipated wagering activity. Actual odds are what you actually get paid after all the wagers have been taken in. The upside to parimutuel wagering is that it does not put you in direct competition against a highly-skilled oddsmaker.

The sportsbook does not care who wins any given race because it receives its commission regardless of the outcome. The downside is that you never really know for sure what the final odds will be until after the race begins. The basic idea of parimutuel wagering is that patrons bet with one another rather than against the house. To put it simply, all wagers taken on a particular race are pooled together, the house takes a cut of the pool as commission and the rest is paid back out to the winning bettors.

Note that this is a very simplified example, but it depicts the concept in action. Now, imagine Horse B wins the race. Not all horse betting sites serve the exact same list of states. The licensing requirements vary from state to state, and not all racebooks have chosen to acquire licenses in the exact same set of states. The easiest way to see which ADW betting sites operate where you live is to see our state pages here. Each state page provides an up-to-date list of sites that are licensed in that state.

Alternatively, you can always just try signing up at one of the major horse racing betting apps. In other words, ADW requires you to pay for your bet at the time it is placed as opposed to being able to wager on credit with a shop that settles accounts at the end of the month. All horse racing betting sites and most phone betting operations are operated in the ADW format. You might be able to deposit with a credit card at a betting site, but the site itself will not lend you credit.

Not exactly. Florida voters approved Amendment 13 in the midterm elections to outlaw exactly two activities:. Florida residents may still bet on greyhound races held in other states through online betting sites. Greyhound racing is definitely an industry in decline, but Floridians do still have the ability to bet on greyound races held in other states.

Major horse racing events draw impressive crowds to this day, but the sport as a whole has experienced a slow, steady decline over the past couple of decades. Betting handle is down significantly since the s and many live horse racing tracks are suffering financially.

One can point to a variety of reasons for the decline. Today, you can get the general public to tune in to the Kentucky Derby, but other races tend to be the realm of serious horse racing fans. Racetracks first looked into adding other gambling games to their premises as a way to bump up revenues.

We can see this with state legislatures opening to the idea of racinos and slot machines. The tracks that have managed to add slots have benefitted greatly from the new income. Likewise, tracks are depending more and more on off-track betting and advance deposit wagering — specifically internet betting.

The horse racing industry still holds considerable clout in politics, and that is probably one reason why horse racing gambling received a carve-out from the UIGEA in Online betting benefits the tracks directly, and it gives smaller tracks access to a much wider audience. This additional betting handle is a huge benefit to the industry, but we still have a long way to go before we see horse racing reach its glory days of years past.

There are still concerns about PEDs, inhumane horse treatment, risks to racehorses and life for horses after racing. Combine that with unique marketing strategies, such as what Churchill Downs has accomplished over the past few years, and there are bright spots in the future. Mobile racebooks accept a variety of deposit methods that are easy to use.

Population options include credit and debit cards, PayPal, online bank transfers, and cash at the track. Read more about depositing on our guide to betting deposits. Virtual horse racing betting is a form of gambling in which players bet on the outcomes of simulated horse races.

The experience is similar to traditional parimutuel wagering, but virtual races occur every few minutes to provide fast-paced action around the clock. Read more: Virtual horse racing betting. Skip to content. Review Play Now. Table Of Contents. Racebook Reviews. Claim Bonus. Online Racing. Alabama has two greyhound racetracks and no active horse racing tracks. California has five racetracks and state residents may bet online at: www.

Colorado has one racetrack and state residents may bet online at: www. Delaware has three racetracks and state residents may bet online at: www. Florida is home to numerous horse and greyhound racetracks. Idaho has two racetracks and several fairgrounds that hold races on occasion. Indiana has four racetracks and state residents may bet online at: www.

Kansas no longer has any active racetracks but state residents may bet online at: www. Kentucky has six racetracks and state residents may bet online at: www. Maine has two racetracks and state residents may bet online at: www. Michigan has one racetrack and residents may bet online at: www. Minnesota is home to two racetracks and state residents may bet online at: www. Nebraska is home to six racetracks but state residents are prohibited from betting online.

All wagers must be placed in person. Nebraska Betting Law. New Hampshire no longer has any active racetracks but state residents may bet online at: www. New Mexico has six active racetracks and state residents may bet online at: www. New York is home to numerous horse racing tracks and state residents may bet online at: www. North Dakota has two racetracks and state residents may bet online at: www. Ohio is home to eight racetracks and state residents may bet online at: www.

Oklahoma is home to four racetracks and state residents may bet online at: www. Oregon has one active racetrack and state residents may bet online at: www. Pennsylvania has three thoroughbred racetracks and residents may bet online at: www. Rhode Island hosts live harness racing at Plainridge Park Casino and state residents may bet online at: www. South Dakota conducts horse racing on select days every year at two fairgrounds. Tennessee does not have any active racetracks but state residents may bet online at: www.

West Virginia is home to two horse racing tracks and two greyhound racing tracks. Wisconsin no longer has any active horse or greyhound racetracks. Wyoming has three racetracks that hold races on select days every year. Illinois is home to three active thoroughbred tracks and one harness track. Alaska does not have any active racetracks and online betting is not allowed. Alaska Betting Law. Georgia does not have any racetracks and parimutuel wagering is outlawed.

Georgia Betting Law. There are no racetracks in Hawaii and state law forbids racing betting. Hawaii Betting Law. Maryland is home to four thoroughbred racetracks and two harness racing tracks. Massachusetts has one thoroughbred racetrack and one harness racing track. Mississippi does not have any active horse racing tracks and online betting is prohibited. Mississippi Betting Law. Nevada does not have any active racetracks at this time and online racing betting is prohibited.

Nevada Betting Law. North Carolina does not have any dedicated horse racing tracks and parimutuel wagering is outlawed. North Carolina Betting Law. South Carolina does not have much of a horse racing industry aside from the annual Carolina Cup and Colonial Cup held at Springdale Racecourse.

South Carolina Betting Law. Utah has a couple of minor racetracks that hold races only a few days a year. Utah Racing Law. Colonial Downs is the only racetrack in Virginia and state residents may bet online at: www. Arizona has a couple of horse racing tracks but does not permit online betting.

Arizona Betting Law. Iowa is home to one horse racing track and one greyhound racetrack. Louisiana has four racetracks and state residents may bet online at: www. Montana is home to two active horse racing tracks and state residents may bet online at: www. Washington has two horse racing tracks and 13 OTB locations. Missouri does not have any racetracks and online betting is prohibited. Missouri Betting Law.

Vermont no longer has any horse racing tracks. Arkansas has one racetrack and state residents may bet online at: www. Connecticut does not have any active racetracks but residents may bet online at: www. Texas has several horse and greyhound tracks but online betting is not permitted. Texas Betting Law. Alabama law does not specifically address online racing betting, but multiple ADWs offer their services to residents. Alabama Horse Racing. Alaska Horse Racing. Arizona Horse Racing. Arkansas Horse Racing.

California Horse Racing. Colorado Horse Racing. Connecticut Horse Racing. Delaware Horse Racing. Florida Horse Racing. Georgia Horse Racing. Hawaii Horse Racing. Idaho Horse Racing. Illinois Horse Racing. Indiana Horse Racing. Iowa Horse Racing. Kansas Horse Racing. Kentucky Horse Racing. Louisiana Horse Racing. Maine Horse Racing. Maryland Horse Racing. Massachusetts Horse Racing.

Michigan Horse Racing. Minnesota Horse Racing. Mississippi Horse Racing. Horse Racing. Montana Horse Racing. Nebraska Horse Racing. Nevada Horse Racing. New Hampshire. New Hampshire Horse Racing. New Jersey. New Jersey Horse Racing. New Mexico. New Mexico Horse Racing.

New York. New York Horse Racing. North Carolina. North Carolina Horse Racing. North Dakota. Ohio Horse Racing. Oklahoma Horse Racing. Oregon Horse Racing. Pennsylvania Horse Racing. Rhode Island. They are at the track once or twice a year and just want to know a bit more about the horses without having to learn a whole new language.

I had a few question for BGboothA regarding HBD and he was kind enough to relay his ideas and thoughts on trying to present handicapping information in a different way. Growing up my dad took me to Longacres a few times and I remember having a blast as a kid. But it took a while for it to become a passion as an adult. In , the weekend before my beloved Seattle Seahawks played in the Super Bowl, I broke my tibia vertically playing basketball at the local Y.

I was out and off my feet for the next few months. With nothing better to do, I started watching horse racing and for the first time really got into handicapping. It has become a passion and love ever since. Over the course of the following years, myself and two friends wanted to create a better tool to use in our handicapping, thus Horse Betting Direct HBD was born.

The goal of HBD is to provide a handicapping tool that is quick to read and easier for all bettors to use at the track. Our goal is to really provide a service for all levels of handicappers. We provide our selections for the beginners who want to go out and have a good time at the track. However, the best audience for our sheets is probably the amateur horse player who goes out a few times with friends and wants to learn more about the sport, but doesn't have the time or the desire to climb the steep learning curve needed to read most past performances.

Finally, the expert handicapper can use our sheets as a filter. We run hundreds of races a day at tracks all over the United States and Canada, I use our system as a filter to find the angles that I have had success with, without having to handicap every single race on the card.

When I first started handicapping, I had plenty of time on my hands. I would sit there with my leg up and spend hours with my head buried in the past performances. I quickly realized two things: One, I was doing the same process and looking for the same things over and over again, race after race.

Two, there was no way I would have the time to keep doing this when I had to get back to the real world. We didn't know it at the time, but this was the beginning of HBD. I needed to find a way to handicap quicker but not lose the accuracy that I was enjoying while handicapping during my injury. There is something special about winning money at the track on a race that you handicapped yourself and there isn't a tool that allows the amateur handicapper the ability to handicap a race and truly call the bet their own.

As a classroom teacher during the day, I found myself doing more teaching at the track than betting on the races I handicapped. HBD created an easy to use tool that my friends could use to place their own winning wagers and my teaching could stay in the classroom. How does HBD work; what kinds of factors and information are included in your sheets? HBD has become a series of calculations that we run on each and every race.

Over the years we have tweaked this equation and added variables to come up with the product we have now. Our sheets take into account everything from early and late pace shapes, Quirin data, recent performance, track familiarity to the horses and connections willingness to fight for the back end of the exotic bets.

One thing that makes us stand out is that our data is relative to the race being run. We aren't only focused on the horse's history but how that horse fares against the other horses in that race. So, all of our data is displayed relative to the other horses running. For instance, when we list the horse's late speed, it isn't a speed figure like Beyer, it is the expected relative speed against the average horse of this race.

Displayed as a positive or negative number depending on the expected advantage or disadvantage the horse has in the different variables of the race.

LYON PIRELLI BETTING ODDS

Place your wagers anywhere you can access the Internet, by computer, tablet or mobile device. OTB provides a convenient, exciting and safe way to wager on horse races with excellent customer service every day. OTB never imposes any fees or charges to join, to wager, or to watch live racing video.

Nothing gets the pulse racing faster than the fast and furious pace of Quarter Horse Racing. Whether you like Thoroughbreds, Quarterhorses, Harness racing, or Greyhound racing, OTB has the racing you are looking for at almost all hours of the day. Make cash back on almost every wager you make - win or lose! Earn valuable Cash Rewards every time you bet horses. Other online Race Books claim the same, but if you look at the Horse Racing Rebates you will see the difference. OTB has been designed to give you the best Mobile Horse Wagering experience possible without having to download any apps.

All wagers through the OTB website are delivered electronically and commingled with host track pools, with all winning wagers paid at full track odds. Account: Forgot. PIN Forgot. Bet Thoroughbred Racing. Bet Harness Racing. Bet Quarter Horse Racing. Bet International Horse Racing. Today's Horse Racing Results. In , the weekend before my beloved Seattle Seahawks played in the Super Bowl, I broke my tibia vertically playing basketball at the local Y.

I was out and off my feet for the next few months. With nothing better to do, I started watching horse racing and for the first time really got into handicapping. It has become a passion and love ever since. Over the course of the following years, myself and two friends wanted to create a better tool to use in our handicapping, thus Horse Betting Direct HBD was born. The goal of HBD is to provide a handicapping tool that is quick to read and easier for all bettors to use at the track.

Our goal is to really provide a service for all levels of handicappers. We provide our selections for the beginners who want to go out and have a good time at the track. However, the best audience for our sheets is probably the amateur horse player who goes out a few times with friends and wants to learn more about the sport, but doesn't have the time or the desire to climb the steep learning curve needed to read most past performances.

Finally, the expert handicapper can use our sheets as a filter. We run hundreds of races a day at tracks all over the United States and Canada, I use our system as a filter to find the angles that I have had success with, without having to handicap every single race on the card.

When I first started handicapping, I had plenty of time on my hands. I would sit there with my leg up and spend hours with my head buried in the past performances. I quickly realized two things: One, I was doing the same process and looking for the same things over and over again, race after race. Two, there was no way I would have the time to keep doing this when I had to get back to the real world. We didn't know it at the time, but this was the beginning of HBD.

I needed to find a way to handicap quicker but not lose the accuracy that I was enjoying while handicapping during my injury. There is something special about winning money at the track on a race that you handicapped yourself and there isn't a tool that allows the amateur handicapper the ability to handicap a race and truly call the bet their own. As a classroom teacher during the day, I found myself doing more teaching at the track than betting on the races I handicapped. HBD created an easy to use tool that my friends could use to place their own winning wagers and my teaching could stay in the classroom.

How does HBD work; what kinds of factors and information are included in your sheets? HBD has become a series of calculations that we run on each and every race. Over the years we have tweaked this equation and added variables to come up with the product we have now. Our sheets take into account everything from early and late pace shapes, Quirin data, recent performance, track familiarity to the horses and connections willingness to fight for the back end of the exotic bets. One thing that makes us stand out is that our data is relative to the race being run.

We aren't only focused on the horse's history but how that horse fares against the other horses in that race. So, all of our data is displayed relative to the other horses running. For instance, when we list the horse's late speed, it isn't a speed figure like Beyer, it is the expected relative speed against the average horse of this race.

Displayed as a positive or negative number depending on the expected advantage or disadvantage the horse has in the different variables of the race. It seems like every weekend we are getting emails asking us to run more and more tracks. We have a track list on our website, but mostly we will run every major track in the betting pool, everything from the obvious tracks like Churchill and Santa Anita to the smaller tracks like Emerald Downs and Finger Lakes.

If we can get data on the track we can run our calculations. The future of HBD is really unknown.

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