It’s not complex. Let me explain.
Betting on horse racing can be a thrilling and potentially profitable experience. But to maximize your chances of success, it is essential to understand the different types of wagers available. One popular wager is the Across-the-Board (ATB) bet. This type of bet is a great way for bettors to increase their chances of success and get better value for their money. This strategy works long-term for fields of eight or more horses when there is no odds-on favorite in the race.
Betting horses across-the-board can often be a better value than putting all your bankroll on the winning wager. It offers the bettor more options and a greater chance of making a return on their investment, but most horseplayers are unaware of the ROI (return on investment) over the long haul.
An Across-the-Board bet combines the Win, Place, and Show wagers into one single bet. If your horse finishes first, you will collect on the win, place, and show payouts. If your horse finishes second, you will collect on the place and show payouts; if your horse finishes third, you will collect on the payout. It’s almost like buying insurance.
This is generally considered a better value than betting your entire bankroll on the winning wager alone. The most apparent difference between betting across the board and wagering on just the win is that an across-the-board bet gives you three chances to win instead of just one. When you bet an underdog in the NFL, you have two chances to win; by covering the spread or winning outright. You need to be constantly looking for an edge when wagering on sports. I think betting underdogs in the NFL and across the board in Horse Racing gives players an edge over the long run.
When you bet on a horse to win, you are betting that your chosen horse will cross the finish line in the first place. Not an easy task in this business. However, if your horse places instead of wins, you will not receive any return on your wager. If the horse you picked does not come first, you could lose your entire bankroll. Nobody likes that feeling! If you’re a good horse handicapper, I would guess your pick has come in second numerous times and probably some thirds.
By betting across the board, you can take advantage of potentially higher payouts associated with the place and show wagers. These wagers often have higher returns than the winning wager because more horses can finish in first, second, and third place. Making an across-the-board bet can increase your winnings while minimizing your loss potential.
Betting on horses across-the-board is a great way to maximize your returns while minimizing risk. Rather than putting all your money on the win wager, betting across the board allows you to spread your wagers and increase your chances of returning. So, instead of wagering the entire $300 when betting on a 3-unit play, break it down into smaller portions; for example, bet $100 to win, $100 to place, and $100 to show.
That way, you can maximize your return while reducing risk. You should not be overly greedy when trying to make a profit in horse racing!
Good Luck at the track!
Twitter:@JHSPORTSLINE
