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Otb betting form horse binary options trading etrade

Otb betting form horse

A wagering term denoting a combination bet whereby all possible numeric combinations are covered. A person who wagers large amounts of money, usually on short-priced horses to show, hoping to realize a small, but certain profit. The term comes from the structure these bettors may seek if they lose.

Wagering favorite in a race. Dates from the days when on-track bookmakers would write current odds on a chalkboard. Indicates the average earnings of progeny produced from mares bred to one sire when these same mares are bred to other sires. A payoff to holders of daily double tickets combining the winning horse in the first race of the double with a scratched horse in the second.

Type of wager calling for the selection of winners of two consecutive races, usually the first and second. See late double. A daily newspaper containing news, past performance data and handicapping information. A wager where the bettor must select the winner of three consecutive races. The higher the number, the more likely the horse is suited to be a sprinter. The average Dosage index of all horses is about 4. Rules on entries vary from state to state. A partnership between The Jockey Club and the Thoroughbred Racing Associations to establish and maintain an industry-owned, central database of racing records.

Equibase past-performance information is used in track programs across North America. A wager in which the first two finishers in a race, in exact order of finish, must be picked. A wager in which all possible combinations using a given number of horses are bet on. The total number of combinations can be calculated according to the formula x2-x, where x equals the amount of horses in the box.

For example, boxing four horses would actually be 12 combinations To arrive at the cost of the wager, multiply the total combinations by the cost of the individual wager. Any wager other than win, place or show. For the mathematically inclined, the amount of combinations in any exotic wager can be figured by the formula n! Horse that is a race favorite despite being outclassed by other competition in the field. See underlay. Two or more starters running as a single betting unit entry , when there are more starters in a race than positions on the totalizator board.

Betting: 1 Race for which the track handicapper assigns the weights to be carried. Harness racing: A race in which performance, sex or distance allowance is made. Post positions for a handicap may be assigned by the racing secretary. Post positions in a handicap claiming race may be determined by claiming price. A mutuel pool caused when a horse is so heavily played that, after deductions of state tax and commission, there is not enough money left to pay the legally prescribed minimum on each winning bet.

The racing association usually makes up the difference. Probable odds on each horse in a race, as determined by a mathematical formula used by the track handicapper, who tries to gauge both the ability of the horse and the likely final odds as determined by the bettors. Wagering at legalized betting outlets usually run by the tracks, management companies specializing in parimutuel wagering, or, in New York State, by independent corporations chartered by the state.

Wagers at OTB sites are usually commingled with on-track betting pools. A form of wagering originated in by Frenchman Pierre Oller in which all money bet is divided up among those who have winning tickets, after taxes, takeout and other deductions are made. Using a key horse or horses in different, but not all possible, exotic wagering combinations.

See wheel. Breakage is generally split between the track and state and, in some cases, breeding or other funds, in varying proportions. BRED- A horse is bred at the place of his birth. Also, the mating of horses. This color can usually be distinguished by noting finer tan or brown hairs on the muzzles or flanks. BUG- Apprentice allowance. Apprentice rider. CALL the - Running position of horses in a race at various points. CAST- A horse is a cast when he lies down in the stall in such a way that he is too close to the wall, and there is a danger that he may not be able to get up by himself without injury.

CHART- A statistical "picture" of a race from which past performances are compiled , which shows the position and margin of each horse at designated points of call depending on distance of the race , age, weight carried, owner, trainer, purse, conditions, pay-off prices, odds, time and other data. A chestnut never has black points, mane or tail. In the U. COLT- Male horse under 5 years of age. Members of the field. Such as: Fillies, 3-year-olds, non-winners of two races other than maiden or claiming, etc.

More prevalent in spring among young Thoroughbreds. CUP- Trophy awarded to owners of winners. Also distance race of a mile and a half or more. DAM- Mother of a Thoroughbred. In Europe, a horse confirmed to start in a race. A race for fillies, mares, or both. DOGS- Wooden barrier or rubber traffic cones placed a certain distance out from the inner rail, to prevent horses during workout period, when track is wet, muddy, soft yielding or heavy, from churning the footing along the rail.

DQ- Disqualified. Riding commitment. ENTRY- Two or more horses owned by the same stable or in some cases trained by the same trainer and thus running as a single betting unit.. Gear carried by a horse in a race. It is more drastic than weakened but less drastic than stopped. FEES- Amount paid to rider or the cost of nominating, entering or starting a horse in a stakes race. FIRING- Applying a searing instrument, hot iron or electric needle to an injured portion of the leg to promote healing of injury or infirmity.

FIRM- A condition of a turf course corresponding to fast on a dirt track. FLAG- Signal held by man stationed a short distance in front of the gate at exact starting point of race. Official timing starts when flag is dropped to denote proper start. May indicate exhaustion. Male or female. Most common trade name is Lasix.

Also, to ride a horse at that gait. GATE- Starting mechanism. GET- Progeny of sire. This is racetrack jargon that would be expressed more clearly by saying that the horse overstepped or overreached and cut himself; reserve grabbed a quarater for direct quotes. Also, graduate of the claiming ranks-a horse, that has moved up to allowance, stakes or handicap racing.

GRAY- A mixture of white and black hairs. Used in handling horses around the stable and when not being ridden. HAND- Four inches. Unit used in measuring height of horses from withers to ground. Also, to handicap a race, to make selections on the basis of the past performances. Also one who makes selections based on past performances. Also one who makes selctions based on past performances.

HEAD- A margin between horses. One horse leading another by the length of his head. Specifically, an entire male 5 years old or older. HUNG- Horse tiring, but holding position. A jumping race over lower fences than steeplechase races. Also, a sign flashed by officials on tote board on such occasions. JOG- Slow, easy gait. Also a horse or pony who accompanies a starter to post.

Also a jockey having a mount. Also to strengthen a horse's legs through exercise. Also distance between horses in a race. LOCK- Slang for a "sure thing" winner. LUG in or out - Action of a tiring horse, bearing in or out. Also applied to non-winning rider. MARE- Female horse 5 years old or older. Also, female of any age who has been bred. MASH- Moist mixture, hot or cold, of grain and other feed given to horses. MINUS POOL- A mutuel pool caused when one horse is so heavily played that, after deductions of state tax and commission, there is not enough money left to pay the legally prescribed minimum on each winning bet.

The racing association usually makes up the difference. Also a guard placed over a horse's mouth to prevent him from biting or eating. NECK- Unit of measurement, about the length of a horse's neck; a quarter of a length. Illegal in most jurisdictions. NOD- Lowering of head. Winning in that manner. NOSE- Smallest advantage a horse can win by. In England called a short head. If lodged by official, it is called an inquiry.

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Betting on horse racing has long been synonymous with the sport itself in the US. By more than horse racing facilities were open for betting around the country. Pari-mutuel betting was introduced in the US in the early s and is still the most common method of horse race betting used today. A total of 32 US states currently offer legal pari-mutuel betting.

OTB parlors sprang up in New York in the s, which allowed bettors to engage in a form of online pari-mutuel betting. The Interstate Horseracing Act of legalized OTB facilities, and in an amendment was added to the act expressly legalizing the use of the internet for off-track betting. Nearly 40 states allow mobile horse race betting in some form. Horse race wagers are the only form of online gambling transactions allowed to cross state lines in the US.

Several other mobile horse race betting apps operate in the US. Government agencies regulate all legal platforms. This ensures a secure experience for the bettor and accountability for the operating betting service. These multi-billion dollar companies operate with a vested interest in providing prompt payouts, safe betting, and security of personal information. Offshore betting platforms do not operate under the same level of regulation as legal betting sites.

Betting at an offshore site does not offer the security of wagering on a legal platform. Offshore sites operate in the US illegally, and as such betting on these sites is also illegal. This method draws directly from a bank account as an electronic check, and the funds usually become available instantly. These deposits can sometimes be rejected by the issuing bank, but when it does work the funds are instantly available on the betting account.

Credit card deposits are also subject to cash advance fees from the issuing bank. PayPal deposits provide one of the most reliable ways to put money on a mobile horse racing balance. The PayPal process takes a few extra steps compared to some other methods.

PayNearMe allows players to deposit at participating 7-Eleven locations. Both of these methods come with fees, and bettors should only use these deposit methods as a last resort. Individual states can decide to legalize online horse race betting if they choose to do so. Online horse race betting is legal in some form in more than 30 states. States that outlaw online horse race betting include Nevada , Texas , Missouri, and others.

The minimum age for legal online horse race betting is 18 in most US states, but 21 in a few others. In all other states with legal online horse race betting, the minimum age is States allow betting only within the borders of states with legalized mobile horse race betting.

Horse race betting in the US is offered through pari-mutuel betting pools. Pari-mutuel betting puts all wagers on a race into a single pool, with payouts divided among all winning tickets. The payout on a particular horse can go up or down based on how bets are divided across all participating horses in a race.

Mobile platforms like TVG operate as both horse race betting sites and streaming video services. In many cases, bettors wager on a race and then watch the race on the same platform in which they made the bet. Pari-mutuel betting pools determine the odds set on horse racing in the US. Bettor activity on a race can make the odds on particular bets go up or down.

Mobile horse race betting is legal in more than 30 US states. TVG operates legally in more than 30 US states. The Interstate Horseracing Act of legalized off-track betting OTB , the predecessor to modern online horse race betting. An amendment to the act in the year explicitly legalized internet-based mobile horse race betting. BetAmerica is one of three major legal mobile horse racing platforms operating in the US.

Churchill Downs Incorporated owns the BetAmerica brand. Bettors must be located in one of approximately 30 states in which BetAmerica legally operates to place a bet. Online Horse Race Betting. Written By: Geoff Fisk. BetAmerica Horse Racing The BetAmerica brand operates an online casino , sportsbook , and horse race betting sites in several states.

TwinSpires The origin of the TwinSpires mobile horse racing platform dates back to Pari-Mutuel Betting Pari-mutuel betting puts all of the money wagered by bettors on a race into a single payout pool. Single Horse Bets Single horse bets involve wagering on one particular horse to finish in a certain place in a race. Multiple Horse Bets Multiple horse bets attempt to predict where two or more horses finish in a given race.

Bets in this category include: Quinella — Two horses must finish first and second, in any order, for the bet to win. Exacta — Two horses must finish first and second, in that order. Trifecta — A trifecta bet wins if the bettor predicts the top three finishing horses and the exact order in which they finish.

Superfecta — A superfecta bet wins if the bettor predicts the top four finishing horses and the exact order in which they finish. Multiple Race Bets For a multiple race bet to win, a chosen horse must win two or more consecutive races. Risk-Free Bet Risk-free bet bonuses offer a rebate on the first bet made at a mobile horse race betting platform. Sign-Up Bonus TwinSpires offers a sign-up bonus for new players that register for an account on the platform.

Deposit Match Bonus Deposit match offers award bonus money that matches a certain percentage of the first deposit on a mobile wagering platform. The Belmont Stakes is one of more than 50 graded stakes races that run annually at Belmont Park. Del Mar Racetrack hosted the Breeders Cup for the first time in Pari-Mutuel And Off Track Betting Pari-mutuel betting was introduced in the US in the early s and is still the most common method of horse race betting used today.

PayPal PayPal deposits provide one of the most reliable ways to put money on a mobile horse racing balance. How old do I need to be to bet horses online in the US? Do I need to be located in the state where the race occurs to place an online bet? Who sets the price for online horse bets in the US? Where can I watch horse racing on live stream? How are horse racing odds and picks determined in the US? Is it legal to bet on the Kentucky Derby online? Are BetAmerica horse racing bets legal in the US?

Is TwinSpires a legal online betting site in the US? About the Author. We are fixing the "double audio" bug for the live race video and making tidying up some other minor issues. This app is incredibly intuitive and easy to use. You can get to your favorite tracks easily, if you make picks or notes in your online PPs you can access them right on the wagerpad. Watching a replay or comparing speed figures on your phone has never been easier. This is the cream of the crop when it comes an ADW in your pocket, highly recommended!

Finally you guys come up with a world class app. I like the fact I can push down on the wager pad to see my wagers. I can see live odds on the wager pad too. This is a plus. Results are right there for me. So I feel I do not need anything else to play the game anywhere I am with my iPhone. Now I hope one day I can tell Alexa to place my wagers for me using the app. I think this is a great app. Does provide you with Beyer numbers which are critical to evaluating a horses chances.

Also quick path to horses last race video. And last 3 lines plus Beyers for a quick hdcp view of the horses chances. For more information, see the developer's privacy policy. Privacy practices may vary, for example, based on the features you use or your age. Requires iOS With Family Sharing set up, up to six family members can use this app.

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Off-track betting OTB parlors, the original form of mobile horse race betting, originated in Nevada. Now, bettors across the US have access to horse betting without having to leave home to visit a race track or an OTB. OTB facilities offer bettors the opportunity to place bets into pari-mutuel betting pools across state lines, on races around the country.

An amendment to the act in put language in place legalizing internet-based mobile horse race betting. Several mobile apps offer legal online horse racing bets in the modern era. TVG operates as both a hour television network dedicated to horse racing and a mobile horse race betting site. The TVG Horse Racing website and mobile app gives bettors access to a pair of hour television channels dedicated to horse race handicapping.

TVG also allows bettors to wager on races at more than domestic and international racetracks. The BetAmerica brand operates an online casino , sportsbook , and horse race betting sites in several states. BetAmerica Horse Racing is hosted on a standalone platform. Founded in , BetAmerica allows mobile horse race betting on races from across the US. Select international racetracks in the United Kingdom, Australia, and Sweden also offer betting opportunities on the BetAmerica platform.

Major markets like California , New York, Pennsylvania , and Illinois represent a few of the states in which BetAmerica operates legally. Churchill Downs purchased BetAmerica in Bettors can access BetAmerica on a desktop browser or downloaded as a mobile app for iOS and Android devices. The origin of the TwinSpires mobile horse racing platform dates back to Churchill Downs Incorporated acquired a pair of horse race handicapping sites and consolidated them into one brand, now known as TwinSpires.

Bettors can wager on races from venues across the US, as well as selected overseas racetracks in the United Kingdom, Ireland, New Zealand, and several other countries. The official betting partner of the Kentucky Derby, TwinSpires is named after the twin spires seen at the Churchill Downs racetrack. The racetrack hosts the annual Kentucky Derby, the most famous horse racing event in the world. TwinSpires can be downloaded as a mobile app for both iOS and Android devices, or accessed from a desktop browser.

Pari-mutuel betting puts all of the money wagered by bettors on a race into a single payout pool. This kind of wagering pits bettors against each other, compared to traditional fixed-odds bets where bettor wager against the house. Pari-mutuel betting is by far the most common wagering style in horse racing. Single horse bets involve wagering on one particular horse to finish in a certain place in a race. These wagers allow for bets on whether a horse will finish first win , first or second place , or anywhere in the top three show.

For a multiple race bet to win, a chosen horse must win two or more consecutive races. These bets include Daily Double two wins in a row , Pick 3 three consecutive wins , and so on. Risk-free bet bonuses offer a rebate on the first bet made at a mobile horse race betting platform. This kind of bonus is also commonly offered at online casinos and sportsbooks.

Risk-free bets guarantee a refund on an individual wager, but only if that bet results in a loss. At TVG, the first bet must be made within 15 days of the first deposit to be eligible for the risk-free bet offer. Deposit match offers award bonus money that matches a certain percentage of the first deposit on a mobile wagering platform. This kind of bonus is widely offered across multiple online gambling sites.

Most deposit match bonuses require a set amount of playthrough, or money wagered, to unlock the bonus. The BetAmerica bonus carries a 10x playthrough requirement. Located in Louisville, Kentucky, the facility opened in The Kentucky Derby also started running at the track in While the Kentucky Derby is the most famous event held at Churchill Downs, the legendary racetrack also hosts numerous events throughout the year.

Churchill Downs held 33 different graded stakes races events recognized by the Thoroughbred Owners and Breeders Association in Saratoga Race Course hosts 38 graded stakes events annually. The Travers Stakes, the oldest major thoroughbred race in the US, runs at the venue each summer. Located just outside Los Angeles, California, Santa Anita Park is unparalleled in the number of major races it hosts annually. No less than 80 graded stakes races take place each year at the venerable track. The Triple Crown marks the ultimate achievement in US horse racing.

The Belmont Stakes is considered to be the toughest of the three races that comprise the Triple Crown. Del Mar racetrack hosts nearly 30 graded stakes races throughout the year. The three races that comprise the Triple Crown are the most popular horse racing events in the US. Legal mobile horse race wagering apps allow bettors in more than 30 states the opportunity to legally bet on the Triple Crown races.

The Kentucky Derby stands atop the list of the most famous and prestigious horse races in the US. The race traditionally takes place on the first Saturday in May and is the highest-attended horse race in the US. The second stage of the Triple Crown commences at the annual Preakness Stakes. The race generally takes place two weeks after the Kentucky Derby, on the third Saturday in May.

Many prestigious events from around the world are at the fingertips of US bettors. Longchamp Racecourse hosts the event. This legendary race first ran in Many other races around the world, including the Kentucky Derby, take their name from the Derby Stakes. The prestige of the series is unmatched and takes place from Ascot Racecourse each year. Off-track betting OTB parlors, the predecessor to modern online horse betting, were legalized in The Interstate Horseracing Act of contained language to explicitly legalize interstate wagering on horse racing.

A amendment to the Act legalized internet-based horse race betting. Though many forms of online gambling have faced legal hurdles in the US, online horse race betting is currently legal in more than 30 states. Horse racing in the US traces its roots to the early s. The tradition of horse racing in England carried over into American settlements. Some of the earliest vestiges of modern-day horse race betting in the US still stand today. Saratoga Race Course opened in , and the upstate New York venue is still one of the most hallowed horse racing venues in the US.

All three races making up the American Triple Crown debuted by Betting on horse racing has long been synonymous with the sport itself in the US. By more than horse racing facilities were open for betting around the country. Pari-mutuel betting was introduced in the US in the early s and is still the most common method of horse race betting used today.

Finally you guys come up with a world class app. I like the fact I can push down on the wager pad to see my wagers. I can see live odds on the wager pad too. This is a plus. Results are right there for me. So I feel I do not need anything else to play the game anywhere I am with my iPhone. Now I hope one day I can tell Alexa to place my wagers for me using the app.

I think this is a great app. Does provide you with Beyer numbers which are critical to evaluating a horses chances. Also quick path to horses last race video. And last 3 lines plus Beyers for a quick hdcp view of the horses chances. For more information, see the developer's privacy policy. Privacy practices may vary, for example, based on the features you use or your age.

Requires iOS With Family Sharing set up, up to six family members can use this app. App Store Preview. Feb 4, Version 2. Ratings and Reviews See All. App Privacy See Details. Size