Thoroughbred Racing

Items to consider when wagering on thoroughbred racing

Here are some simple tactics which may be helpful to a new bettor:

1. Wager on the favorite

The favorite is the horse with the lowest odds or the one on which the most money has been wagered. Favorites win approximately one-third of the time. This is not necessarily a sound wagering strategy as favorites can pay very little.

2. Purchase a tip sheet or handicapping aid

These are prepared by professional handicappers and may provide useful wagering selections

  1. BetPhoenix.ag pays track odds up to the house limits as specified in our max payout table.
  2. There is a maximum net profit on each individual race based on the track lists. Daily Doubles, Pick 3’s and Pick 4’s count towards the last race in its sequence when calculating the race profit. The formula will be Net Profit equals Net Payout For Race minus Total Amount Wagered For Race.

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