People who gamble their money in competitions like boxing matches or horse racing know that they cannot bet their cash indiscriminately. You see, gambling in events like these do not purely depend on luck. You cannot trust your money to pure luck when you have other factors to consider. One thing that people who bet on the track always do is consult the horse racing betting odds. These figures help them decide where to place their money on. They bet their money depending on the chances shown by the horse racing betting odds.  But where do a horses odds come from?

The Triple Crown is actually the Crown of Thoroughbred Racing. This horse racing consists of three races for three-year-old thoroughbred horses. There are many Crown races all over the world, and each one consists of three prestigious thoroughbred races.

So you don’t live anywhere near a racetrack. No problem! Today, betting horse racing online at tracks around the world has never been easier. The sites we’ll talk about are well-established, legal, secure, and can provide much of the same experience you would get if you were at the track…without leaving home! Better than watching online, watch at the race course. We can show you how to watch live horse racing online but it’s best at the track.

In Victoria, the four metropolitan tracks are Flemington, Caulfield, Moonee Valley and Sandown (mostly run on Wednesdays or Sundays, when jumps races are the main races) whilst in New South Wales they are Randwick and Rosehill on Saturdays and Canterbury and Warwick Farm mostly Wednesdays. In Queensland there are only two metropolitan tracks, Doomben and Eagle Farm, and amazingly they are almost directly opposite one another with only a major highway separating them. In South Australia there is only one track, Morphettville, and in Western Australia there are two tracks, Ascot, where they run in the summer months, and Belmont Park, where winter racing takes place. In Tasmania we have Launceston, Devonport and Elwick whilst the main track in the ACT is Canberra. Last, but not least, in the Northern Territory, Darwin is the metropolitan venue.

The vig, short for vigorish, is the amount of money taken out of the pools at the track before the winners are paid. For instance, if the bettors wager a total of $10,000 to win in a race, there is a total of $10,000 in the win pool. However, when the race is over and the winners are paid, $10,000 isn’t the amount that gets distributed amongst the winners. It is far less because the track has to take out a certain amount that is determined by the state. That’s the vig.

Horse racing online was certainly not an option when I first started betting. I attended school in England for several years and the earliest recollection of placing money on a horse was at a point-to-point meeting when my friend’s father offered to take me along during spring break.

Just one short decade ago, it was virtually impossible to engage in legal sports betting if you live in the United States or in Canada. Both countries prohibit betting on almost all organized sports, in any form at all. The exceptions have always been parimutuel betting, which is only applied to two or three different sports (among them dog and horse racing).

Many people who read my books on handicapping ask me to go into more detail about how to keep good records or notes on the races. How you keep track of your bets and also keep notes on horses that you are following is a personal subject. We all have our strengths and weaknesses and different ways of organizing information so this is just a list of suggestions to help you keep your notes and to become a better handicapper.

You can’t beat a bit of Epsom Derby action, here’s everything you need to know about one of the best horse races in the world.

Known internationally as the Epsom Derby but more colloquially as The Derby or The Derby Stakes, this a flat race run over 1 mile, 4 furlongs and 10 yards. It takes place at Epsom Downs every year on the first Saturday in June and it is the biggest, richest horse race in the United Kingdom. Previous winners have in recent years earned prizes of up ?700,000.00 and the value of Aurhorized, the 2007 shot up to an incredibly ?10 million in stud fees.

This esteemed Blue Riband event is run on the racecourse at Cheltenham in the United Kingdom during the annual Cheltenham Festival in March. As the most valuable non-handicap race in the country, the Cheltenham Gold Cup is considered to be the most prestigious of the Nation Hunt calendar. It covers 3 miles, 2 1/2 furlongs over 22 fences.

In terms of prize money, the Grand National is the most valuable National Hunt horse race in the United Kingdom. Run over a distance of 4 miles 856 yards, covering 2 circuits of the Aintree National Racecourse, it was founded by William Philip Molyneux, who owned the land at Aintree in Liverpool, and while there is some matter of historical debate as to when the first Grand National Race was actually run, opinion has settled for 1836 although the years 1836-1838 do not appear in the record books because the races run in 1837 and 1838 were originally believed to have taken place elsewhere.