Our Mesa Sports Bar Shares Horse Racing Betting Tips For Beginners
Horse races are exciting to watch. You can pick your favorites and cheer them on as they race around the track, neck and neck with the other horses. If you want to make the race a bit more exciting, you can bet a few bucks on the horse you favor to win. If you’re right, you can enjoy a big pay off.
You don’t even need to be at the races to enjoy the excitement of them. You can come to O’Kelley’s Sports Bar and Grill in the East Valley to watch all the latest horses races, including the annual Kentucky Derby. While you’re here, you can even place a few bets. If you’re a beginner, we’ll be happy to help you understand how it all works.
Understanding The Horse Racing Odds To Win Money
Before you place a bet, you need to know the odds. The odds will determine how much you are paid when the race is over. The odds are a prediction about how well or how poorly a horse will perform in a race.
Odds are listed in the race program or displayed on the tote board, and they can change right up until the race begins, based on how people are betting and other factors. The higher the odds, the bigger the potential payout because the odds are against the horse winning.
Placing Your Bets: Select The Best Horse
To place a bet, you will need to identify the number of the race and the name of the racetrack. Usually, multiple races will be going on at the same time, so you’ll need to be specific. Then you’ll need to say how much you want to bet, what type of bet you want to make, and the number of the horse you are betting on. You can do all this on a self-serve terminal.
When you bet, you can choose your horse, as well as what place you think the horse will finish. If you place a bet to WIN, you are saying you think the horse will come in first. A bet to PLACE means the horse will finish first or second. A bet to SHOW means the horse will finish in the top three. The safer the bet, such as a SHOW bet, the less the payout will be if you win, but the odds that you will win are higher. If you are just starting out, you should focus on safer bets like these.
Collecting The Cash Payout
If you win, you will be paid based on the odds for the horse and placement you chose. For example, a simple 2-1 odds will pay you two times the amount you bet, plus your original bet. So, if you bet $2, you would collect $6 at the end of the race.
Calculating the winnings can get a little more complicated with the different odds and finishes that you can choose. The best thing to do is ask one of the people taking the bets what the potential payout would be based on what you are wagering. Know that the more you bet, the more you will lose if you are wrong.
Betting on horse races can be exciting and fun! You can follow the thrilling results of the race, while also knowing that you have the chance to win big if your favorite comes out ahead. If you are just getting started, spend some time watching races and make a few small and safe bets while you get a feel for it. Remember to always gamble responsibly. Never bet more than you can afford to lose because there are no sure bets.
Visit The Best Sports Bar In Mesa, AZ!
Visit O’Kelley’s Sports Bar & Grill in Mesa to watch all the latest horse races and to place your bets on your favorites. You can enjoy some drinks and some delicious food while you watch. Bring your friends and make a whole night of it! We also host poker tournaments, pool leagues, trivia nights, darts tournaments, karaoke, and live entertainment. You can watch a variety of other sporting events on our high-quality, big screen TVs. Contact or visit us any night of the week for exciting entertainment, some delicious food, and some great company.
O’Kelley’s Sports Bar & Grill
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MON – SAT: 6AM – 2AM