Betting Systems
betting systems
Looking for a to-the-point description regarding OFF TRACK BETTING?
I just got a part-time job working as a Pari-Mutuel for an off track betting club. I have never attended a Horse Race, and have no idea how it all works.
Could somebody please explain briefly about how the betting system works and the types of winners, etc??
Thanks in advance for your answers!!
Ok, here you go 
So, you've got a job as a mutuels clerk.
People will line up at your window all day and wager on numerous tracks. The common types of wagers are Win, Place, Show, Exacta, Trifecta, and Superfecta. Other wagering types can be sometimes available, but those six are what you will deal with 95% of the time. If you're in the UK or australia, the wagers may have different names and some slightly different rules. You may have heard of "forecast" and "tricast" - it varies in name by local tradition.
If you're in america, you'll pay off wagers commonly up to $600. Anything over that which was ALSO 300 times greater than the base bet will require tax documentation. You'll be trained about that, no doubt.
Know that the money people wager is placed in a common pool for each track, each seperate race - thus it's called "pari-mutuel", which means in France, "betting amongst ourselves"
The track and the hosting satellite facility you work at all receive percentages of the money and do not have a vested outcome in any race.
Hoped this helps you Enjoy yourself. These places can be a lot of fun. You'll get to know people, some players will think your window is lucky, and every day will give you a lot of interesting stories.
What will help you more than speed is accuracy. Bettors would prefer you be accurate rather than fast with what you type.
You don't really need to have a complete understanding of each nuance in the game (and who really does?), but you just need to know the basics. Your training should take care of a lot of it.
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Texas Holdem Betting Systems
What is the best betting system to win at craps?
What bets and what system of bets should I make to be sure I'll win?
You should make the pass line bet and when a point is rolled make the maximum bet on the odds. If you use this strategy the house edge will be very low, something like 0.5%, depending on how much you are allowed to bet on the odds.
