<![CDATA[Betting411.com - Horse Betting Articles]]>Sun, 27 Mar 2016 14:18:28 -0700Weebly<![CDATA[British Bookmaker Refunds $300K]]>Sat, 25 Jul 2015 14:21:29 GMThttp://betting411.com/horse-betting-articles/british-bookmaker-refunds-300kBet On Horses At Bovada Racebook!
One of the worst nightmares that a bookmaker experiences typically revolves around the concept of reimbursing bettors.

Last year, this nightmare came to life for a British bookmaker who decided to offer refunds to those who had placed bets on horses that tested positive for performance enhancing drugs. These bets totaled over $300,000.

Should these refunds become a consistent reality, the American horse racing gambling industry, which receives nearly $11 billion worth of betting action each year, could take a serious hit.

While no sane person would ever suggest that those who bet on horses in the United States should file a class action lawsuit in instances like these, many considered this idea when Truesdail, the testing laboratory responsible for detecting steroids in race horses in Hoosier Park, failed to do so.

Indiana's Horse Racing Commission, which prides itself on maintaining the highest possible standards in horse racing (an increasingly corrupt business), terminated the lab's contract.

If doping is confirmed, then suspensions are issued. Trainers are more typically held responsible for the treatment and welfare of the racing horses and punishments are levied if illegal injections are found to have been given. Prize money is to be returned and the horses are disqualified from racing.

An Anderson trainer was recently slapped with a ten year penalty for doping his horses. For Indiana to continue to issue these sorts of penalties, the integrity of the lab must remain unquestioned. 

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<![CDATA[Could California Chrome Win The Triple Crown?]]>Wed, 21 May 2014 18:17:27 GMThttp://betting411.com/horse-betting-articles/could-california-chrome-win-the-triple-crownPictureCalifornia Chrome wins 2014 Preakness Stakes
After a thrilling finish at this year's Preakness Stakes, thoroughbred California Chrome has but one more jewel to capture in order to become the first Triple Crown winner since 1978's Affirmed.  Despite impressive finishes at both the Kentucky Derby and the Preakness, odds makers appear to be unsure about the horse's chances of winning the upcoming Belmont Stakes.

As of right now, Bovada lists the odds of California Chrome winning the Triple Crown at 10/13 versus 10/11 that he will not.

There are several reasons that odds makers are skeptical of the horse's chances, beyond the obvious fact that there hasn't been a successful Triple Crown attempt in nearly forty years.

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Belmont Stakes is known for being a much more demanding and difficult track.  It is the longest of the Triple Crown tracks, with a distance of 1 1/2 miles.  There's also a concern that New York State gaming officials may not allow for California Chrome to wear a nasal strip at the Belmont.  Earlier reports indicated that the horse's trainers may pull him from the race if he is not allowed to use the strip.

Nasal strips help horses to breathe more easily.  While California Chrome doesn't wear a strip during his training sessions, he always uses one during the races.

The horse's trainer Art Sherman says he is unsure of what the owners may ultimately decide to do if officials reject the request.

"Perry Martin may just say no if they don't allow the strip," Sherman said.  "He's kind of funny about things like that."

Sherman went on to add that he didn't understand what all the controversy was about, but conceded that the training staff was concerned about the development.

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Odds makers are also concerned that California Chrome may be facing tougher opponents at the Belmont when compared to the previous races he has won.

Both the runners-up from the Derby and Preakness, Commanding Curve and Ride On Curlin respectively, are expected to run in the race on June 7th.  Third, fourth, and fifth place contenders from the previous races will also be running.

Of course, another problem is that everyone's attention will be on California Chrome, which makes the horse the prime target for all the jockeys running that day, who will be gunning for their own win.  Denying Chrome's Triple Crown victory has a certain appeal for many horse trainers and riders.

Beyond the prestige of a Triple Crown victory, California Chrome is also running for a $1.5 million purse.  

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<![CDATA[Preakness Stakes Post Positions Announced]]>Sat, 17 May 2014 14:53:38 GMThttp://betting411.com/horse-betting-articles/preakness-stakes-post-positions-announcedPictureCalifornia Chrome, The Favorite For The Preakness
Kentucky Derby winner California Chrome is poised to become the first Triple Crown winner in nearly forty years.  All that is standing between trainer Art Sherman's and rider Victor Espinoza's dreams of glory is the Preakness Stakes on Saturday May 17th and then the Belmont Stakes on June 7th.  The good news for them is that California Chrome is the current favorite to win the Preakness with 3-5 odds.  Even better, the horse drew a favorable post position at the third spot in the race, which both experts and gamblers believe will only improve his odds of winning.  

The field for this year's Preakness Stakes is relatively diverse compared to previous races, with a filly included in the mix for the first time in several years.  The coveted number three position has produced ten winners out of the 138 runnings of the race, which takes place on a 1 3/16 miles track at the historic Pimlico Race Course in Baltimore, Maryland.  Sherman and Espinoza hope to make Saturday's run the eleventh win in that position.

PictureSocial Inclusion, The Runner Up For The Preakness
"Three sounds fine to me," Sherman said.  "The fast runners are on the outside of us.  If they go, we can get right behind them without a problem.  I think California Chrome will perform."

Co-owner Steve Coburn also shares Sherman's enthusiasm.  "I'm thinking this is a Triple Crown year."

Only eleven horses have previously gone on to become Triple Crown winners.  The last one was Affirmed in 1978.  

California Chrome is different from other Triple Crown hopefuls in previous years.  He is riding high on a five race winning streak.  Also, many racing analysts believe that this year's Preakness has a weak field, which will only help the strongest horse to claim victory.  Even while he is hopeful of seeing his horse cross the line first, Art Sherman was still surprised by the favorable odds.

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"I never thought I'd see those kinds of numbers," he said.  "I was predicting 6-5."

Fast runner Social Inclusion is the second favorite with 5-1 odds.  The horse is in the eighth starting position.  Despite having skipped the Kentucky Derby race, the colt is still seen as strong competition for California Chrome.  In total, California Chrome is facing seven new horses, so there is degree of uncertainty among fans that anything can still happen.

Social Inclusion's owner Ron Sanchez says he isn't intimidated by any other horse's record, including California Chrome.  "We're not afraid of anything."  He later added that the eighth post may give his horse the needed advantage to ultimately pull off an upset.

Both Ride On Curlin and Bayern are tied as the third favorites with 10-1 odds.  Bayern is trained by Bob Baffert, who is pursuing his sixth win at the Preakness this weekend. The colt's jockey will be Rosie Napravnik, who seeks to become the first female rider to ever win the race.

Ride on Curlin previously finished a disappointing seventh in the Kentucky Derby, but a last minute change to jockey Joel Rosario is helping to spark interest in this horse once again.  The previous jockey, Calvin Borel, will instead be riding Ria Antonia this Saturday.

The change-up doesn't bother Ron Paolucci, who is still excited about his horse Ria Antonia's prospects.  "I wish the odds were even higher against her," he said. "The way she is training out there, she must think she's a 3-5 instead."

If Ria Antonia does indeed pull off an upset on Saturday, she will become the first filly to win the race since 2009's Rachel Alexandra.  Like the previous filly to win, Ria sat out the Derby.  She placed sixth at Kentucky Oaks, which was run the day before the Derby.  After the disappointing run at Oaks, Ria's owners also hired new trainer Tom Amoss.  

"This is my dream to run the race," Paolucci said.  "My filly is solid.  She's big.  She's going to have the edge." 

General A Rod is the only other horse besides California Chrome and Ride on Curlin to have run at the Derby, where he ultimately finished eleventh place. He is a long shot along with three other horses.

There are several 20-1 long shots in the field, including Kid Cruz, notable for being trained by Linda Rice.  Pablo Del Monte and Ring Weekend are the other two horses with 20-1 odds.

Dynamic Impact landed the unfavorable first spot, which many trainers fear drawing because of the chance their horse may get trapped inside. Dynamic is this year's Illinois Derby winner, but many experts feel that he is simply outmatched by stronger competition at this year's Preakness.

Officials at Pimlico determined the starting positions by using a blind drawing in order to ensure fairness and transparency.  The Preakness is limited to a maximum of just fourteen entrants each year.  Ten horses are scheduled to run at the 139th Preakness Stakes, and their post positions are as follows:

First: Dynamic Impact
Second: General A Rod
Third: California Chrome:
Fourth: Ring Weekend
Fifth: Bayern

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<![CDATA[2014 Preakness Preview - Top Prospects To Win!]]>Wed, 14 May 2014 14:34:34 GMThttp://betting411.com/horse-betting-articles/2014-preakness-preview-top-prospects-to-winPicture
The post positions have yet to be drawn and the odds for the 139th running of the Preakness Stakes Saturday still remain to be determined.
Even while awaiting these vital details, a core nucleus of top prospects to win the race has already emerged. 

The one and three sixteenth mile race is scheduled to begin at 6:18pm ET with television coverage provided by NBC.

PictureCalifornia Chrome is the favorite for the Preakness
California Chrome

The first top prospect to be considered is of course California Chrome, winner of the Kentucky Derby. He will be the obvious favorite based on his triumph at Churchill Downs on May 3.  Chromes “Run for the Roses” victory was the 5th straight win for the California bred colt. Louisville was the first racing destination outside of his native state and he performed almost flawlessly leading by as many as 5 lengths down the stretch and winning by 1 and 3/4. 

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PictureSocial Inclusion is a close second thought
Social Inclusion

One of California Chromes main obstacles in capturing the second leg of the Triple Crown may be Social Inclusion. It appears the Preakness has been squarely in this horse sights since his inaugural run and win at Gulfstream Park on February 22. That was followed by another “W” at the same location on March 12 when he won by 10 lengths setting a track record for 1 and 1/16 miles in the process. He could only manage a third place showing in the Wood Memorial. (NOTE: Social Inclusion was scratched from the Sir Bear Stakes on 5/3 due to a bruised hoof) 

PictureDynamic Impact beats out Midnight Hawk
Dynamic Impact

Dynamic Impact is coming off 2 wins in a row including his victory by a nose over favored Midnight Hawk in the Illinois Derby on April 19. He’s a pace stalker which is usually a good trait to have in the Preakness.
After 2 wins at Santa Anita (Jan.4 and Feb. 13) Bayern who is trained by Bob Baffert and will be ridden by female jock Rosie Napravnik  finished 3rd in the Arkansas Derby on April 12. Two weeks later it appeared he had won 3 of 4 before an inquiry placed him second to Embellishing Bob for excessive bumping down the stretch. If he can outrun Social Inclusion and grab the early lead he has a chance to hold on and capture this one.

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General A Rod

Another front runner, General A Rod also has a chance in this one assuming he is allowed to run his race unlike the circumstances that were presented to him in the Derby. Starting from behind out of the gate he finished 11th at Churchill Downs. This was the first time he was out of the money in his 6 career starts. He was victorious in the Gulfstream Park Derby on January 1. (By the way, he is not named after the Yankees Alex Rodriguez currently on a forced hiatus from MLB, but after his owner, J. Armando Rodriguez.) 
Don’t discount the chances of Kid Cruz pulling of an upset in the Preakness. He has established himself on the mid-Atlantic circuit making him somewhat of a “hometown favorite”. He won his last 2 at Laurel Park and Pimlico on 3/8 and 4/19 respectively and will be making his graded stakes debut. (By the way, he IS named after New York Giants wide receiver, Victor Cruz.) 

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<![CDATA[Analysis Of The 2014 Kentucky Derby]]>Wed, 30 Apr 2014 01:13:52 GMThttp://betting411.com/horse-betting-articles/analysis-of-the-2014-kentucky-derbyPicture
2014 Kentucky Derby Preview – Top Prospects

The bonnets are being selected and the mint julep ingredients are being readied as we approach the 2014 Kentucky Derby at Churchill Downs on Saturday, May 3. 

The race has a scheduled post time of 6:24pm ET with TV coverage on NBC beginning at 4:00.

Does anyone recall the name of last year’s winner? The correct answer would be “Orb”.

PictureCalifornia Chrome
The field has yet to be officially set with the draw for post positions to be determined on Wednesday, April 30 at 5pm ET. If you so desire, you can follow that event on the NBC Sport Network. Official odds will be posted immediately following the assigning of the gate numbers.

However the majority of the participants have already been announced with California Chrome expected to be the overwhelming favorite regardless of which post number (1-20) he draws.

The aforementioned 2013 victor “Orb” started from gate number 15.

Following you will find a preliminary preview of some of the anticipated top entries in the 140th “Run for the Roses” along with approximate opening line odds in parentheses.

California Chrome (11-4)

This 3 year old won the San Felipe Stakes by 7 and a quarter lengths over the 1 and one sixteenth mile course and the Santa Anita Derby by 5 and a quarter running 1 and an eighth.

This horse has a winner’s calm demeanor and will be ridden by experienced jockey Victor Espinoza.

Wicked Strong (7-1)

His opening line odds make Wicked Strong an attractive alternative to California Chrome.

The only thing he lacks is “Chromes” consistency thus far. He finished 4th and 9th in his two prior starts before winning the Wood Memorial.

His advantage over the favorite may be the distance factor. The one and a quarter Churchill Downs oval may be just right for this thoroughbred.

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<![CDATA[Illinois Lawmakers Extend Right's To Bet On Horse Racing Online With Last Minute Bill]]>Sun, 09 Feb 2014 18:26:38 GMThttp://betting411.com/horse-betting-articles/illinois-lawmakers-extend-rights-to-bet-on-horse-racing-online-with-last-minute-billPicture
The Illinois legislature approved a last minute extension of the state's online gambling bill Wednesday which will allow for horse racing tracks across the state to maintain their schedule of races for the upcoming year.

The measure was passed by the state Senate with a 47-4 vote only minutes after all the Illinois lawmakers listened to Governor Pat Quinn's State of the State address.  It was an odd time for the vote to take place, as during most days when this annual speech from the governor is held, there is little business taken up by the legislators.  Following the Senate's lead, the House voted a few hours later to extend the bill and Governor Quinn signed the law into effect that afternoon.

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The law which allowed for online gambling was set to expire that Friday.  Experts had predicted severe cuts for the Illinois Racing Board, the budget of which is funded substantially by proceeds from online wagering.  Without the extension, the board's oversight capabilities would have been hindered due to lack of resources.  As a result, many race tracks would have had no other alternative but to cut races from their schedules.

The extension passed is three years in length and includes an additional surcharge on wagering.

In the months that followed the vote, racing board representatives and other industry leaders had spent considerable time and effort lobbying legislators for the extension.  

Tony Petrillo, the General Manger for Arlington Park, said that by passing the extension, doubt and anxiety among workers had been greatly relieved.  "People now know a full racing schedule is going to happen not only in 2014 but for many years to come."  Still, Petrillo acknowledged that more effort must be made by all those involved in order to truly rebuild racing in the state.  Many experts believe that the key to rebuilding the industry is to allow for the expansion of gambling, specifically allowing slot machines at race tracks so that they can better compete with casinos in the state.

A Democrat representative, Bob Rita, has began hearings on the subject in the state House of Representatives.  He hopes to eventually bring both sides to the table so that they can hatch out an agreement which allows for race tracks to remain viable businesses for the foreseeable future.  A bill which was introduced last May to allow expanded gambling at the tracks failed to make it to the floor for a vote.  


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<![CDATA[How To Win More Often At Horse Racing - What Bettors Need To Know]]>Tue, 28 Jan 2014 02:35:14 GMThttp://betting411.com/horse-betting-articles/how-to-win-more-often-at-horse-racing-what-bettors-need-to-knowPicture
In the 20th century, horse racing has become so organized in North America such that anyone can take part in it. Thousands of years ago, the domestication of horses led to debates of who had the fastest horse and to settle these discussions, a race between the horses in the dispute would be organized. This was kept simple in that it was a win only; the second and third never counted. 

When horse racing was the only form of legal gambling fifty years ago, nobody in the racing management cared about the bettors; some still don’t. The bettors were offered somewhat unimaginative betting options just so as to maintain the flow of money through the pari-mutual window.

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These days, bettors, slot players and any other types of gamblers are the lifeblood of the modern horse race. Over the past 30 years, the onslaught of legalized government gambling forced the race track owners to either allow their facilities die slowly and painfully as the gamblers and bettors flocked the casinos, lotteries, card games, slots etc or to wake up and smell the coffee. Numerous different types of wagers are offered by the race tracks that survived having made some adjustments.

Professional and casual players are thus given chances on making life-changing scores. 

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Types of horse racing bets:

• Straight bets – Have been around for hundreds of years resulting in an efficient market. There are 3 categories:

Show betting – One bets their horse on finishing in the third (show) position. The betting payoffs are substantially lesser than the win and place betting. However, there is the added security of cashing in if the horse finishes second or does not win.

Place betting – one bets their horse to finish in the second position. The betting payoffs in this case are lesser than the win payoffs. There is however the added security of cashing in even though the horse doesn’t win. 

Win betting – One bets on a horse to win. The horse must finish the race first for one to cash in the ticket. 


Exotic bets – divided into the following categories:

• Across the board betting

The horse you bet on across the board should finish in the first, second or third position for you to cash in your ticket.

It pays to fully understand the intra-race exotic wagering because inefficiencies in the betting pools have come up as a result of the many bettors who have not yet learned how to structure properly the exotic wagering tickets thus being taken for a ride by the smart bettors and handicappers. The following are the different forms of intra-race betting:

• Exacta betting

Professional and casual players are offered the chance of, with a minimal amount of cash, a good score. Also known as the Exactor betting one is expected to pick the 1st, 2nd and 3rd finishers in a precise order. For instance, for one to cash a winning ticket after a $2 Exacta 2-3 is played, the 2 horse should win with the 3 horse coming in the second position.

Many bettors prefer playing the multiple horse Exacta Box since one can cash a winning ticket if the finish was a 2-3 or 3-2, in that order. For instance, a $2 Exacta box at a cost of $4 of the two horses 2-3 includes two combinations that are winning. One can cash a winning ticket with this type of wager only if the finish was in the order 3-2 or 2-3. 

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• Quinella betting

On why it is oftenly referred to as the poor man’s Exacta. Quinella’s tend to pay less than Exactas because the picked horses can finish in either order; the main reasThis kind of betting requires one to select the 1st and 2nd position finishers. For instance, for a $2 Quinella 2-3 play, there’s a win if the order of finish is 3-2 or 2-3. 

Playing a multiple horse Quinella Box is the most popular option by the bettors. For instance, 6 possible combinations of $6 are included in a $2 Quinella box of 3 horses, 2-3-7. If the order of finish is 7-3, 3-7, 7-2, 2-7, 3-2, 2-3, one can cash a winning ticket. 

• Superfecta betting

This betting can be quite expensive as it is a high risk return wager. Potential life changing payoffs are however offered. It’s expensive playing boxes that comprise of multiple horses that may be inefficient. There are other methods as well like part-wheels and wheels that will offer good chances of winning substantial amounts of money for a reasonable outlay of cash.In this type of betting, one is required to select the 1st, 2nd, 3rd and 4th horses in the exact order. For instance, if one plays a straight $2 Superfecta 2-3-5-7, horse 2 should win, horse 3 should fall in the 2nd position, horse 5 no. 3 and horse 7 should be in the fourth place for a winning ticket to be cashed in. 

• Trifecta betting

While its more risky, Trifecta wagering offers all bettors a chance of scoring big. There are many ways of betting Trifecta with some being more effectual than others. Here, one is required to pick out the 1st, 2nd and 3rd place finishers in the precise order. For instance, for one to cash in a winning ticket in a $2 straight Trifecta 2-3-5 play, the 2 horse has to win, the 3 horse comes in the 2nd place and the 5 horse should fall in the 3rd position. A multiple horse Trifecta box play is the most popular option for many. For instance, a $1 Trifecta box of 1-3-5 horses costing $6 dollars includes 6 $1 combinations that offer a payoff only if the three horses finish in the first 3 places.

Multi-race bets 

Requires a bettor to, on one ticket, pick the winners of consecutive races. These include the Pick 3 or Win 3, Daily Double, Pick 6, Win 4 or Pick 4 and any other experimental bets that are yet to achieve household-name popularity. 

One of the advantages to multi race wagers is that the bettors tend to over-bet some combinations. For example in the intra-racing wagering, not many have figured out how to structure properly the multi race tickets. And as a result, there are inefficiencies in the wagering pools that, when combined with the 1 time take outs, excellent value based opportunities are provided for the smart bettors and handicappers. It therefore does pay to understand fully the multi race exotic wagering fully. 

The other advantage of playing multi-race wagers is that each wager has its own betting pool that’s separate. The race track and government takeouts are applied only once to a multi race disregarding the fact that the bet occurs over multiple races. Contritely, a win bet that’s separate is subject to the track and government take out on each bet on every race.

Though the race wagers are highly risky, better odds are offered partly cause of the takeout that occurs once instead of on each race. Below are the various kinds of multi-race betting:

• Pick 3 Betting 

There are a variety of varied methods and tricks that can be used in this type of betting giving you an advantage over your fellow bettors. 

Here, one is required to pick the winner of 3 races that are consecutive. Also known as the Win 3, this kind of bet offers awesome opportunities for good scores that have minimal cash outlay. An example of Pick 3 betting: if a $1 Pick 3 wheel that combines horse 6 and 5 in the beginning race is played with horse 2 and 1 in the 2nd leg with horse 7 and 6 in the 3rd leg at $8, horse 6 or 5 should win the 1st race with horse 2 or 1winnng the 2nd race and horse 7or 6 winning the 3rd race for the winning ticket to be cashed. The above example is a popular wagering strategy among the many bettors.

Another example is the $2 straight Pick 3 of 2-1-4 that would require horse 2 to win the first race (leg) of the Pick 3, horse 1 win the second leg and horse 4 win the third leg, in order for the ticket to be cashed in. 
Offered twice on a race card traditionally, rolling Pick 3’s is now offered throughout the race card on consecutive races. 

• Daily double betting

This was the first wagering exotic option that appeared in the North America race tracks. A popular option among many bettors is a $1 Daily Double Wheel, in which multiple horses are combined in one leg of the wager with multiple horses (or a single horse) in another leg of the wager. For instance, a $1 Daily Double wheel of 2, 3, 4 with 5, 6 would include six possible combinations at a cost of $6 and would be a winning ticket if horse 2, 3 or 4 won the first race and horse 5 or 6 won the second race.

One can as well pick the winner of 2 races that are consecutive.

For instance, if one plays a $2 Daily Double 5-8, the 5 horse must win the first race in the Daily Double and the 8 horse must win the second race in the Daily Double in order for a winning ticket to be cashed. 
Being the oldest multi-race wager, the Daily Double is very popular among the long-time traditional race goers. Many racetracks currently offer late and early Daily Double as compared to the traditional days when it was offered on just the first two races. Rolling Daily Doubles are even offered by some rare tracks on consecutive races throughout the track. 

• Pick 6 Betting 

PictureExample Of A Pick-6 Wager
Being the most expensive multi-race bets, bettors of all types are offered life-changing scores. It is actually a very common thing seeing 5-6 figure payoffs daily. It is however a difficult task picking out the winners of 6 consecutive races; this generally is appealing to those with huge bankrolls. Multiple $1 Pick 6 wheel tickets costing in the range of $500 to $1000 are not uncommon when trying for a six-figure payout.

A popular method of playing the Pick 6 is to combine the financial resources of several bettors in an effort to cover more combinations. Another example is if each race in a Pick 6 had eight horses, the odds of a straight $2 ticket coming in might be calculated as (8 * 8 * 8 * 8 * 8 * 8 = 262,144 combinations) or 262,144 to 1. While playing the Pick 6 as a straight $2 ticket at a cost of just $2 offers a chance at the big money, the odds of winning using this method would be more like playing the lottery. No bettor can afford to cover all 262,144 combinations, or even the thousands of semi-logical combinations therefore a single horse or key must often be used in one or more races of the Pick 6 in order to make the ticket affordable. Of course, all horses generally do not have an equal chance of winning each race, so the odds can be reduced accordingly based on your selections and their relative chances of winning.

• Win 4 Betting

Professional and casual players are offered chances of a four-figure score that have reasonable cash outlays. Wheeling is a popular strategy. For instance, if one plays a $1 Win 4 wheel combining horses 1 and 2 in the first race of the Win 4 with horses 5 and 6 in the second leg with horses 6 and 7 in the third leg with horses 4,9 in the fourth leg at a cost of $16, horse 1 or 2 must win the 1st race, horse 5 or 6 the 2nd race, horse 6 or 7 3rd race and horse 4 or 9 4th race in order for the winning tickets to be cashed in. this kind of betting also requires one to select the winner of four consecutive races. For instance, a $2 straight Win 4 of 1-6-5-7 would require that horse 1 win the 1st leg, horse 6 the 2nd leg, horse 5 the 3rd leg and horse 7 the 4th leg so as to be able to cash in the ticket that wins.

Many tracks now offer both a late and early Win 4 as compared to the traditional days when it was offered just once.

For gamblers, horse owners and anyone else associated with racehorses, horse betting will always be a favorite pastime.

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<![CDATA[Quarter Horse Racing To Become Legal In North Florida]]>Mon, 06 Jan 2014 15:56:26 GMThttp://betting411.com/horse-betting-articles/quarter-horse-racing-to-become-legal-in-north-floridaPicture
In northern Florida, the final preparations for what is to be a live horse racing venue are almost complete.  Marion County will soon host quarter horse races in one of the prime thoroughbred breeding areas of the country.   

Last month, Marion Gaming Management finalized the purchase of approximately 50 acres of farm land which will be transformed into the venue.  The plot of land is just east of US highway 301 and south of County Road 42.  In total, the company paid $1.16 million to secure the land from the previous owners.  

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The company fully intends to continue with its plans to build a race track for quarter horses on the property.  In fact, the management at Marion Gaming have already secured the necessary licenses through the state regulatory boards.  

A section of land located along Southeast 180 will also be a part of the overall complex.  Steve Gray, an attorney and one of the managers at Marion Gaming, said that the company would soon successfully close on the adjacent property.

Construction is slated to begin on the complex later in the year, although the schedule may be subject to change.  

The property owners Thomas and Roberta Lane sold the property to the company for the announced price a few months ago.  

Florida Quarter Horse Racing Association president Steve Fisch believes that the plans for a new venue in Marion County may be just what the industry needs at this time.  The county is also betting on the track providing an economic boost to the area.  "Marion Gaming's move could be a good thing," Mr. Fisch said.  "If it's done in the manner that it should be done," he added.

In order for the venue to be an official quarter horse racing track, all the races must be sanctioned through the American Quarter Horse Association.  This also means following the organization's guidelines and rules, which require all tracks to offer forty days of racing every year and a minimum of eight races on each of those days.  

Whether or not Marion Gaming will eventually comply with these rules is still in question.  With the pari-mutuel license issued by the state, the company has several other options for both revenue growth and entertainment that it is considering at the present time.

Under existing Florida law, parties who have been issued such a license can also have card rooms as well as horse races on their complex property.  Having another source of gambling would be an excellent way to draw in larger crowds to the racing events and produce more revenue for both the company and the county.  In fact, industry experts predict that profits from such card rooms would exceed those that are produced from horse racing, which is relatively slim in comparison.  

Another advantage found within Florida statutes that Marion Gaming is taking advantage of is the rule which states that while thoroughbred tracks must contribute a percentage of profits made in the card rooms to the racing purses, quarter horse tracks are not required to do so.   Under current law, that amount is set at fifty percent for thoroughbred tracks.  Since the quarter horse track in Marion County is not encumbered by such a rule, more profits can now go to the company.  

In fact, the requirements for quarter horse tracks are relatively minor in comparison to other horse racing venues.  Marion Gaming will only be required to file purse agreements for the respective races with either the state Quarter Horse Racing Association or a similar professional body.  

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The result of all of this is simple:  very little of the money produced by the card games at the venue will ultimately go to the racing purses on the track.  Some experts argue that this could further hurt the sport of quarter horse racing for what is essentially viewed by many as the pursuit of higher profits using card rooms.

At the same time, Fisch and others believe that Florida laws pertaining to quarter horse racing make it too easy for track owners to circumvent the spirit of the sport and hurt the industry reputation as a whole.  Under state rules, some track owners may be able to have only a few races per year or have races which feature only two horses competing.  The result, of course, would be disastrous for quarter racing in general.  

When interviewed recently, the Director of Communications at the Florida Department of Business and Professional Regulation -- the state department that oversees the licensure process for quarter horse tracks -- said that the issue of the number of races required was a complex one which depended on multiple factors.

Steve Gray says that the new venue plans to initially have twenty race days per year with eight races on each of those days.  At the present time, however, it hasn't been decided on which days those races will be held and how many horses will compete during each race.

When asked about the card room gambling, Gray responded.  "That's what pays for the racing."

Whether Marion County can sustain two card rooms operating simultaneously has yet to be seen.  "I think it's difficult to determine," Tom Ventura, President of OBS said.  "But it's a big county."

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<![CDATA[Latest Betting Odds for the Preakness Stakes]]>Thu, 16 May 2013 20:56:31 GMThttp://betting411.com/horse-betting-articles/latest-betting-odds-for-the-preakness-stakesA quick look of the latest betting lines to win, and other various prop bets, as offered by the Bovada Racebook. Also, get an exclusive 100% horse-betting bonus for the Bovada Racebook inside!
2013 Preakness Stakes - Odds to Win 

Orb                               10/11

Mylute                          6/1

Departing                      13/2

Goldencents                  8/1

Governor Charlie            10/1

Itsmyluckyday               12/1

Will Take Charge           12/1

Oxbow                          16/1

Titletown Five                 28/1



2013 Preakness Stakes - Props

 
Will Orb win the Triple Crown?    

Yes                  +225

No                    -350

 

Will Orb win the Preakness Stakes        

Yes                  -110

No                    -130

 

Will Orb Finish in the Top 3 at the Preakness Stakes       

Yes                  -500

No                    +300

 

2013 Preakness Stakes - Margin of Victory         

Over/Under        1.5 Lengths     

 

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2013 Preakness Stakes - Winning Time  

Over/Under        155:30            

 

2013 Preakness Stakes - Head to Head Matchups          

Orb                   -215

Departing          +175

 

2013 Preakness Stakes - Head to Head Matchups          

Orb                   -210

Mylute              +170

 

2013 Preakness Stakes - Head to Head Matchups          

Orb                   -400

Goldencents      +300

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<![CDATA[Top 4 Picks For The 138th Preakness Stakes]]>Tue, 14 May 2013 00:08:26 GMThttp://betting411.com/horse-betting-articles/top-picks-for-the-138th-preaknessMay 18th is coming upon us quickly and it's a very important date to those who follow horse racing. At 6:18 PM EST on Saturday, the 138th Preakness Stakes will begin in Baltimore at the Pimlico Racetrack. This race is extremely important because everyone around the world will be watching to see if the winner of the Kentucky Derby can pull it together and win the second leg of the triple crown. This year, Orb succeeded and took home an impressive win at Churchill Downs. Of course with the Kentucky Derby victory, Orb is sure to attract plenty of money at the betting windows for the Preakness Stakes this Saturday.
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But as with any race, there are other competitors to keep a watchful eye out for. This year I see four horses that are worth taking a look at before placing your bets, and I'll list them below.

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My Four Best Preakness Stakes Picks For 2013:

1) Orb

As mentioned before, Orb won the Kentucky Derby and so far, it looks like there may not be any other horses that have what it takes to beat Orb.

2) Normandy Invasion

Even though he finished in fourth at the Kentucky Derby this year, he's never been beaten by more than 3 1/2 lengths. This shows that he's always in the mix and has a very good shot at pulling through on one of them, despite not having won any races past the maiden ranks.

3) Goldencents

Goldencents started off strong and won the Santa Anita Derby, but during the Kentucky Derby he gave a rather disappointing performance and finished in 17th place. Even though his low finish was credited to a poor start in the race, he has another chance to take an early lead at the Preakness Stakes. This will give him a chance to show off his speed that he's well-known for and maybe he'll even take home the win.

4) Oxbow

Oxbow put forth quite the effort at the Kentucky Derby and ended up finishing in 6th place. All the way up to the 1/4 mile mark, he was only a half length behind Normandy Invasion who was the leader at the time. Even so, as the race continued, he began to fade quickly down the stretch and couldn't keep up with the pace he had previously set. Something to keep in mind is that the Kentucky Derby was 10 furlongs long and the Preakness Stakes is only 9.5 furlongs long, so Oxbow has a much better chance of being able to keep up the pace through the end of this race and finish as one of the leaders.


Can Orb Win The First Triple-Crown Since 1978?

The pressure is building as Affirmed's record of winning the Triple Crown 35 years ago is at risk of being broken by Orb. As always, the bettors seek out the winner from Churchill Downs and put their money there for the races to follow. It's pretty clear if you take a look at the odds below that this has proven true once again and Orb is clearly the favorite right out of the gate. Leading the Kentucky Derby early on, Normandy Invasion, as well as newcomer, Departing, are both close seconds at Pimlico. Even though the field isn't completely solidified yet and entries can be taken up to May 15th, the field now should be pretty close to what's finalized on May 18th.

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CURRENT 2013 PREAKNESS ODDS TO WIN

Departing - 7/2
Goldencents - 7/1
Govenor Charlie - 20/1
Itsmyluckyday - 9/1
Mylute - 12/1
Orb - 7/5
Oxbow - 20/1
Titletown Five - 30/1

Vyjack - 15/1
Will Take Charge - 12/1

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