Horse racing is a sport that involves two teams of horses battling against each other over a distance of approximately three-quarters of a mile, with the winner being determined by who crosses the finish line first. Let’s see below the different staff members in horse betting.
The Betting Managers
are responsible for organizing all the bets and taking them to the bookmakers or placing them directly at the racecourse. They also have responsibility for keeping track of how much money has been bet on which horses.
The Bookies
take the bets from the betting managers and then place them on the runners. A bookie will mark out an area where he will be accepting bets and this should ideally not be too busy. He may ask you to wait until he has finished his business before placing your bet at Australian online casino and stand a chance to win big. At races that run off more than one day, the bookies usually work through their stock of tickets and tickets are sold in bundles (usually six). If you want to know what odds your favourite horse is available at, ask if there are any tickets left.
The Stewards
look after the safety of the horses and the conduct of the jockeys during the race. This means they make sure no foul play takes place and ensure the horses don’t get hurt.
The Tote Batsman
looks at the total amount of money bet throughout a whole meeting and decides when it is possible to offer prices on certain events. One of the most important decisions he makes is whether to accept the runner-up as part of the price. This decision can make a huge difference to the payout for the winning horse.
In conclusion, some people consider horse racing to be a form of gambling, but it is a sport that can be participated in without risking any money. With horse betting and sa online casino games, however, you do indeed have to wager something. Whether it’s money, time, effort or even faith in the outcome of the race, you’re putting something into the game.