Types of Horse Races and Their Odds
There are many categories of horse races. The Triple Crown, for example, is the American version. The Kentucky Derby, Preakness Stakes, and Belmont Stakes are the American classics, but scores of countries have also instituted Triple Crowns for their top races. For horse racing enthusiasts, there are a number of things to look for when selecting a race. Listed below are some of the most popular types of races and their respective odds.
PARIMUTUEL
When you bet on a PARIMUTUEL horse race, you are not betting against the house, but rather against other bettors. Once the money is collected from all of the bets placed, the wagering company deducts a certain percentage from the pool. This money is used to pay bettors who successfully wager on a winning horse. The difference between a parimutuel horse race and a straight wager is that the latter has a larger payout than the former.
WORK
If you have a passion for horses, you may want to consider working in the industry. This job is extremely diverse, offering many different opportunities. Horse racing is a global industry that requires massive coordination. Each week, hundreds of races take place in different countries. The horses themselves are the culmination of the work of many different people, but the job itself can be very rewarding and diverse. Here are some of the different positions in the horse racing industry.
BREEZE
The Breeze horse race is an older horse race. It is run on a track that is less than one mile around. Horses are saddled with blinkers to limit distraction. The bull ring is a smaller track less than one mile around. A chute extends the track at the start and helps improve traction on wet tracks. The closer to the finish line a horse is, the better off it will be in the late stages of the race.
SLOW
A SLOW horse race is the kind of race where the slowest horse is capable of winning, if the conditions are right and he latches on at the right time. However, most of the time, blind luck is at work in such races. Luckily, there are several strategies for predicting slow horses’ chances of winning. These strategies are based on identifying those horses with a high chance of winning, and they take advantage of the undulations in the race to increase their odds of success.
SPEEDY CUT
The six-eighths mile SPEEDY CUT horse race has 330 feet of racing distance, tight confines, and an extremely fast turn-around time. This type of racing distance presents several risks to thoroughbred horses, including rubbed hair and fetlock joint swelling. Contact with opposing limbs is common during this race, but some horses have the ability to avoid contact as race speeds increase.
SPIT THE BIT
SPIT THE BIT is a term often associated with a horse race, and it refers to the way that a horse loses its aggressive attitude and refuses to run. This term, which is also known as “dropping in for a tag,” is the result of a horse’s exhaustion or lack of effort. A horse’s inability to dispose of a bit is the cause of many of its problems. The horse’s inability to discard the bit is a result of a hard-wired feature of its anatomy, and it can lead to fatigue, sprains, dislocations, fractures, and lung hemorrhage.
TRIFECTA
A TRIFECTA horse race bet involves placing a wager on at least three horses that finish in order. If the trifecta wins, the better receives their entire wager. However, there are a few differences between the TRIFECTA horse race bet and a straight bet. While both wagers involve three selections, the former has a slightly higher probability of winning.