As a novice gambler, it can sometimes be embarrassing to walk into a betting establishment for the first time and be unsure of what to do. The worst scenario happens when you’re there with a new boss who seems like a seasoned punter and you’re not even sure how to place a bet! Everyone remembers their first time walking into a casino or horse track and the feeling of exhilaration that came with it, so you’re definitely not alone if it’s your first time. Even if you don’t know what you’re doing, simply brushing up on your betting terminology and getting some free horse racing tips for today can help you to fit in. This guide will help you understand the basics of betting, so the next time someone asks you about racing tips for today or whether the odds are in your favour, you’ll be able to pretend you know what you’re talking about.
Learn the Various Bet Types Available in Horse Racing
There are several ways to bet in horse racing, making it one of the most versatile and interesting wagering games available. Learning how to describe the various types of bets will help you place your own bets and learn what your friends are up to as well. You can always pick a horse to win the race – this is called Win. If the horse you choose wins the race, then you’ll win your bet. You can also bet on a horse to Place. This means that in races where there are seven horses or less, you’ll win your wager if your horse places either first or second. In races with eight horses or more, a payout is also possible if your horse finishes third. This bet is popular because it’s less nerve racking, but the payout is also less than if you bet on your horse to win outright. Another type of bet called, an “Each Way” bet, combines the two – so that you’ll get the “Win” dividend and the “Place” dividend if your horse comes first, and just the “Place” dividend if your horses places in the race.
Learning a Bit of Betting Slang Can Help You Sound Experienced
There is plenty of slang concerned with horse racing, and if you can use it casually and conversationally you’ll sound like an experienced bettor. Start with some basic knowledge about horses: a Mare is a female horse that is over four years old, a “Camel” is a slang term that describes a very slow horse and a “Gunner” is a horse that seems unlikely to win despite running very fast. Various online slang dictionaries can help you familiarize yourself with other horse racing slang, which will serve you well in the betting community and help you give expert race tips for today.
Craft Your Own “Bad Beat” Story to Sound like a Veteran
Nothing makes a novice sound like a betting professional more than having a sad story about a big loss. Experienced bettors are always talking about big bets they made that didn’t pan out or small bets that almost netted big dividends but fizzled at the very end. Crafting a plausible story of your own is guaranteed to make you sound like a seasoned bettor. You could even adapt a story that someone else told! Just remember to embellish all of the key points, like how badly you could have used the win and how close you were to pulling it off.
Brush Up on Your Horse Racing History
Knowing a little bit about horse racing history and culture can make you seem like a real veteran in a room full of casual punters. Start with a basic understanding of what horse racing culture is like today. Most people know that the Melbourne Cup is the biggest horseracing event in Australia. This event runs on the first Tuesday in November and offers over six million dollars in prize money. Find out who won last year and what some of the big stories were. Talk to a couple of other people in the horse racing community and find out what they know. Read some news articles, and before long you’ll know just enough to come off as a veteran despite your beginner status.
By now you should have a good idea of what it takes to sound like you know what you’re talking about when it comes to betting and horse racing. With a little bit of casual study, you should at least be able to develop some talking that don’t make you sound like a total amateur. Even if you do slip up and let your inner novice show, there’s always the possibility that the horse you wager on will win and you’ll look like a pro no matter what!