Awesemo’s horse racing expert Ben Rasa is joined by his ConTENders cohort Josh Engleman for a breakdown and preview of Saturday’s running of the 2021 Preakness Stakes. During the show, Ben and Josh will go over some of their favorite Preakness Stakes Betting Picks, as well delve into the odds for exactas, trifectas and win, place, show best bets, as well as where to find the best odds and lines to make your wagers on for this weekend’s race at Pimlico Race Course.
Check out Ben’s Preakness Betting Picks and expert horse racing advice for Saturday’s race.
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See the excerpt below from our guide on how to bet on horse racing
Before diving into the wagering options with horse racing, did you know it is legal on a national level (with a few states as the exceptions) to bet on horse racing online? Click here for the full analysis.
Win, Place or Show Wagering
This is the simplest way to bet in horse racing.
Win = If the horse you bet wins the race, you win money. This bet is only split among those that have bet the winner.
Place = If the horse you bet wins the race or finishes second, you cash a ticket. This bet is split among those that have bet the winner or second place finisher.
Show = If the horse you bet finishes in the top three, you cash a ticket. This bet is split among those that have bet any horse that finishes in the top three.
A common phrase used to bet all three of these wagers is called across the board. For example, if you like the No. 12 horse in the race you can make your wager by simply saying “I want $2 across the board on the No. 12 horse” (or for whatever denomination you are comfortable with).
The win, place and show pool payouts are displayed based on the $2 minimum wager.
Win, place and show bets are known as straight wagers and is the simplest way to get involved. In addition to straight wagers, horse racing offers several “exotic wagers,” which are more difficult to get correct but the payouts can be life changing in some circumstances.
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