Horse Racing Wagering Spread

A horse racing wagering spread is a very important gambling tool when betting on horse racing. Horse racing is one of the most famous sports for gambling. Those who remember the classic movie 'The Sting' saw mobsters and working stiffs alike pondering the wagering spread as they tried to win big at the track. In that movie, the bookie house was fake, but in real life horse racing, those wagering spreads are real and the prizes can be excitingly large. Horse racing is great fun, and most everybody is familiar with at least part of what affects the wagering spread. The phrase "win, place, or show" is a horse racing term. But what are the rules governing the rest of that wagering spread?

Each bookie has different rules, especially online where every horse racing site can be quite different in many respects. Some sites will allow betting right up to the time of the start of horse racing action. If you are still pondering the wagering spread as the jockeys move to the gate, there's still time to lay your money down. Just like a famous scene in 'The Sting', you can hurry to the virtual (or real) racing window and get your bet recorded just in time to hear the start of the race.

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In the movies, gamblers try to bet above the house limit. After much protest, the silver screen bookies that are always hunting the big money wind up allowing the 'above the limit' wager. Not so in real life; every online horse racing bookie will stick to the limit with both a limit on the dollar amount, and a "max odds" on the wagering spread. Those odds should be clearly listed somewhere on the site. It's a very good idea to find out what those max odds and wagering spread limits on your bet might be.



Because online horse racing wagering spreads and tracking of the race rely on computers, sometimes there is a glitch or technical error that can prevent some part of the process from working properly. Many horse racing sites have a disclaimer stating what they are and are not responsible for in the case of a technical problem. The good sites state this quite clearly. Know before you bet! Some glitches will let you wager after the race begins, others may not record your bet at all. The better informed you are in this case; the happier you will be in the event something does go wrong. In the case of The Sting, the "technical error" gave the biggest laughs because, as the bad guys found out, the movie's bookie house was a fake and they were giving their money to their rivals. You won't have the same problem with your online wagering as long as you do what all smart gamblers do and get comfortable with a particular sportsbook and ask around for the best sites. There are plenty of reputable sportsbooks online; all you have to do is pick one!

Are you ready for some real sports betting action? Horse racing wagering is available any time from over 90 US racing tracks!


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by Arthur Bodley at 1800-sports.com on January 30, 2006


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