Chicitysports – Chicago Sports News Site
  • BEARS
    • Chicago Bears News
    • Chicago Bears Rumors
    • Caleb Williams news
  • BULLS
    • Michael Jordan News
    • Chicago Bulls News
    • Chicago Bulls Rumors
  • BLACKHAWKS
    • Connor Bedard News
    • Chicago Blackhawks News
    • Chicago Blackhawks Rumors
  • CUBS
    • Chicago Cubs Prospects
    • Chicago Cubs News
    • Chicago Cubs Rumors
  • WHITE SOX
    • Chicago White Sox Prospects
    • Chicago White Sox News
    • Chicago White Sox Rumors
  • SKY
  • MESSAGE BOARD
Navigation
  • About Us
  • About Us
  • Author Page Template
  • Chicago Sports News
  • Chicago Sports Podcasts
  • ChiCity+
  • Editorial policy
  • Editorial team
  • email test
  • Get In Touch
  • homepage
  • homepage
  • Join Our Group
  • Meet the team
  • Newsletter
  • Our Writers
  • Privacy Policy
  • Privacy Policy
  • Push notifications
  • Social Media
  • test
  • Test page
  • Testing
  • Want to Write for ChiCitySports?
Facebook Twitter Instagram
Trending
  • 23XI Racing releases paint schemes for NASCAR Chicago Street Race
  • Derrick Rose to serve as Grand Marshal for NASCAR Chicago Street Race
  • Chicago Cubs are ‘enamored’ with Merrill Kelly: Report
  • Chicago Cubs GM gives injury update on two key players, offers possible time frame for return
  • Chicago Cubs surprise breakthrough star had quit baseball at 16 after scout’s brutal rejection
  • NHL insider reveals what Chicago Blackhawks are targeting in free agency
  • Chicago White Sox urged to consider pair of Andrew Benintendi trade options
  • Chicago Sky’s Angel Reese invokes God after WNBA Player of the Week news
  • About Us
  • Contact Us
  • Want to Write for ChiCitySports?
Facebook Twitter Instagram
Chicitysports – Chicago Sports News SiteChicitysports – Chicago Sports News Site
WANT FREE UPDATES?
  • BEARS
    • Chicago Bears News
    • Chicago Bears Rumors
    • Caleb Williams news
  • BULLS
    • Michael Jordan News
    • Chicago Bulls News
    • Chicago Bulls Rumors
  • BLACKHAWKS
    • Connor Bedard News
    • Chicago Blackhawks News
    • Chicago Blackhawks Rumors
  • CUBS
    • Chicago Cubs Prospects
    • Chicago Cubs News
    • Chicago Cubs Rumors
  • WHITE SOX
    • Chicago White Sox Prospects
    • Chicago White Sox News
    • Chicago White Sox Rumors
  • SKY
  • MESSAGE BOARD
Chicitysports – Chicago Sports News Site
Home»Bears»A Newbies Guide To Horse Racing
Bears

A Newbies Guide To Horse Racing

Zack PearsonBy Zack PearsonJuly 23, 20193 Mins Read
Facebook Twitter Reddit Tumblr Email
horse racing sports betting
horse racing
Share
Facebook Twitter LinkedIn Pinterest Email

Horse racing can be somewhat bewildering and complicated to the outsider looking in but at second glance, the rules are quite simple. From betting on horses to learning common phrases and horse racing terminology, getting a firm grasp of the ropes is easy enough – even for complete newbies. 

In this beginners’ guide to horse racing, we will give some brief insight into how things work with emphasis on the betting system. 

What Are the Main Types of Races?

Horse racing is categorised into two types, namely:

  • Flat racing where there are no hurdles or fences for the horses to jump over and;
  • Jump racing where there are obstacles for the horses to jump over. When fences are the hurdle, the horse race is referred to as a “Steeplechase”.

How Do Betting Odds Work?

Betting odds do two things, they tell you how likely an event is to happen and they will tell you how much money you will win if your bet goes through. 

Like with most events, there are a certain number of outcomes. When it comes to formulating betting odds, bookies base their figures on how well a horse has done in previous races, who the trainer is, who the jockey is, and who will be competing against whom.

These odds are given two formats (depending on where you are in the world)

  • Fractional odds are displayed in a 4/1 (four-to-one) format. So, for example, an odd with 9/1 means that for every £1 you bet, you will win £9 or with a one-to-one (1/1) odd, for every £1 you bet, you will win £1. 
  • Decimals are more common on exchanges and are usually displayed in a 5.00 format. To get an estimated calculation of your winnings, you simply multiply the decimal number by your stake.

An “F” will be jotted down next to the horse’s odds when they are favoured for having high winning potential. If a few horses replicate the odds of winning according to the bookies, then “JF”, meaning joint-favourite, will be noted.

What Is Each-Way Betting?

An each-way bet means you’re effectively making two separate bets. First, you bet on your winning horse and then you bet to “place” it. Most bookies pay out to the top three places and you will get a quarter of the odds back if your selected horse doesn’t win but still takes second or third place.

How Much Should One Bet on A Horse?

This is probably one of the most common questions that beginner bettors ask – it’s also one that troubles the most experienced professional. While overall staking is a personal thing, most seasoned race supporters prefer to remain consistent in their bets. As a rule of thumb, avoid putting bigger stakes on shorter odds – since a losing run can quickly eliminate all previous gains, experts also advise that you look at any possible daily Nap for todays racing before placing a bet.

On principle, you should take as many notes as you can. Keep your ears and eyes open and don’t be afraid to ask the experts endless questions. Once you have a good idea of how it all works, then you can place your first bet and enjoy the thrill of the sport. 

Free agent and trade options for the Chicago Bears kicking problem

Free agent and trade options for the Chicago Bears kicking problem

Read More

For More Great Chicago Sports Content

Get the latest Chicago sports news, analysis, and breaking stories on the Bears, Bulls, Blackhawks, Cubs, White Sox, Sky, and more! Tap the star to add us to your favorites on Google News, so you never miss a story on your favorite Chicago teams.

Follow us on Twitter at @chicitysports23 for more great content. We appreciate you taking time to read our articles. To interact more with our community and keep up to date on the latest in Chicago sports news, JOIN OUR FREE FACEBOOK GROUP by CLICKING HERE

Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Author Image
BY Zack Pearson

Journalist

Related Posts

Bears July 1, 2025

Insider doubles down on Chicago Bears’ top early 2026 draft target

Bears July 1, 2025

Chicago Bears’ Colston Loveland put on red alert before rookie campaign

Bears June 30, 2025

Chicago Bears’ Cole Kmet linked to Miami Dolphins trade

Bears June 30, 2025

Chicago Bears WR roster projections revealed

Bears June 30, 2025

Chicago Bears defense sent worrying message before training camp

Bears June 29, 2025

Chicago Bears donated to and helped support 2025 Pride Bowl

Leave A Reply

Facebook Twitter Instagram YouTube
  • Home
  • Message Board
  • About Us
  • Editorial policy
  • Contact Us
  • Our Writers
  • Want to Write for ChiCitySports?
  • Privacy Policy
© 2025 ChiCitySports. Designed by Dope Guys Who Run ChiCitySports

Type above and press Enter to search. Press Esc to cancel.