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In this case, the table must be horizontally scrolled left to right to view all of the information. Reporting firms send Tuesday open interest data on Wednesday morning. Market Data powered by Barchart Solutions. Https:// Rights Reserved. Volume: The total number of shares or contracts traded in the current trading session. You can re-sort the page by clicking on any of the column headings in the table.

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Online horse betting legal states

Stakes races are typically the classiest of all races, so it makes sense to start there. Once identified, the next important factor to look at are average field sizes. While a G1 at Santa Anita may be a classier race than a G3 at Turfway Park, you also need to take into account the size of the field and the odds of the morning-line favorite, when determining where, and how, to bet. The idea being, the larger the field, the better the betting opportunity.

TVG has a dedicated horse racing channel and shows racing everyday. Examples of Common Wagers Win As simple as it sounds. You are placing money on your horse to win the race. Place The wager you make if you believe your horse is going to finish first or second in a race. Show You would make this wager and win if your horse finishes in first, second or third place.

That way, you cover everything. If the horse wins, you are going to collect the payouts on all three positions. If they finish second, you collect the place and show spots. A third-place finish will get you just the show money. Exacta This is where you pick two horses and they have to finish in the exact order you place them on your ticket.

For example, say you like the No. You would put the wager in as a exacta in that order for the play. That way, you have both horses covered on the order of finish. Personally, I like the exacta play second only to the wager I will discuss next.

You can go many routes with the exacta play, usually via the two ways I mentioned above. Or, in some cases where I think there is a likely winner, I will key a single horse on top of several others in a particular race in an attempt to cover a larger group of potential runner-up finishers. Trifecta This is my favorite wager in horse racing. For me, there is no better play among the exotic wagers. For beginners, some of the betting options can feel overwhelming at first. That said, TVG and TwinSpire both do a good job of explaining how all their bets work, including exotics, as well as providing handicapping services and other form guides.

Remember that the payouts are determined by both the difficulty of the prediction and how the rest of the public bets. Straight bets Win, Place Show typically have lower payouts than exotics, which are more like parlay bets and require multiple correct predictions.

Straight bets: Win — a bet on which horse will win the race, straight up. If your horse wins, you win the bet. Otherwise, you lose. Place — You win your bet if the horse finishes either first or second. Show — You win your bet if the horse finishes first, second or third. Horizontal exotic bets: Daily Double — You need to correctly pick the winners of two races in a row. With each of these bets, you need to make all your selections before the first race begins.

Pick 3 — Correctly pick the winners of three races in a row. Pick 4 — Correctly pick the winners of four races in a row. Pick 5 — Correctly pick the winners of five races in a row. Pick 6 — Correctly pick the winners of six races in a row.

Vertical exotic bets: Exacta — Correctly pick which horses finish first and second in a single race, in the correct order. Trifecta — Correctly pick which horses finish first, second and third in a single race, in the correct order.

Superfecta — Correctly pick which horses finish first, second, third, and fourth in a single race, in the correct order. These are the most common bets at any racebook, but they are by no means exhaustive. For example, there are also lots of combination betting strategies which utilize the above bets and cover more outcomes. Horseracing Integrity and Safety Act The Horseracing Integrity and Safety Act was signed into law by President Trump in December , and has been seen as a major step forward for the integrity and professionalism of horse racing in the US.

The bill mandates the creation of an independent body known as the Horseracing Integrity and Safety Authority, which is responsible for implementing uniform anti-doping standards, testing, and doping bans, as well as maintaining racetrack safety, animal welfare, and oversight over racetrack surfaces. First and foremost, the bill is expected to greatly improve the welfare of the animals at the center of the sport.

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Michigan got on board in early with the launch of online sports betting, poker, and gambling. Legal sports betting has expanded as well thanks to a Supreme Court decision striking down the federal prohibition. In addition to Nevada, we now have legal sports betting in Delaware, New Jersey, Pennsylvania, West Virginia, Mississippi and additional states since then. The Department of Justice complicated things in with a sudden decision to go back to its pre interpretation of the Wire Act.

The implications of the decision are unclear, but the decision has not stopped a growing number of states from taking up sports betting legislation. For example, it may not be immediately clear what it means for gamblers in your state specifically when you read that the Supreme Court has stricken down the federal sports betting prohibition.

In short, there are two sets of laws we must address in any discussion of sports betting or gambling. First, there are federal betting laws that apply to all states across the nation. These are the big picture laws that have an impact across all fifty states. Federal laws set the general tone for gambling, but tend not to be too specific in nature.

Some states were granted exemptions for limited forms of betting, but overall it was PASPA that granted Nevada a virtual monopoly over sports betting. The Wire Act : The Interstate Wire Act of was enacted to target mafia groups that ran sports betting organizations across state lines.

State betting laws impact things on the state level and cover everything not already covered by federal gambling laws. State laws tend to be more specific in nature as they fill in the gaps left by federal law. This is why, for example, when PASPA a federal law was in effect, states had no option to legalize and regulate sports betting. Some states have since chosen to legalize, regulate, and tax sports betting.

In other states, sports betting is still prohibited by state law. State laws also tend to deal with the nitty gritty details of gambling regulation. This is where state gambling commissions come into play and spell out all the rules for legal forms of gambling within each state. You can choose from Win, Place, or Show bets if you want to place straight wagers.

Some of the exotic horse bets available include exactas, trifectas, superfectas, daily doubles, pick 3s, pick 6s, and much more. That said, the odds are also formulated from a different pool than the ones at your local track, which means that the odds online will often be different for each horse compared to their published odds at their actual racetracks. Otherwise, the odds work exactly the same way, based on the pari-mutuel system though house-banked odds types are also available at offshore racebooks.

Can I have more than one online racebook account? You can have multiple online racebook accounts across different horse racing betting sites. You may find that one racebook has a wider variety of tracks, better bonuses, or higher rebates. In fact, we — along with other pro handicappers — recommend utilizing more than one account for shopping lines.

Proper bankroll management is key when switching between online racebooks. That said, having more than one account at the same site is not permitted under any circumstances, and attempting to do this will result in permanent account suspension and full funds confiscation. Has any state banned the use of mobile devices to place bets on horses? While most of the states that have legal horse betting do not offer state-regulated mobile apps , you still have plenty of mobile racebook options.

There are not any states that have specifically banned mobile horse betting, after all. In addition to being able to access your racebook from your smartphone, mobile racebooks are also compatible with tablets. Use your iPhone, iPad, or Android device to make deposits, place horse bets, claim bonuses, and more.

All of the top offshore racebook platforms are compatible with iOS, Android, and BlackBerry devices, just to name a few. All you really need is a modern mobile browser and an Internet connection, and you can wager on all the horse racing action you please from anywhere in the US. If I live in a state that banned online horse betting, will I get in trouble for betting anyway?

If you reside in a state that has banned online horse betting or, more aptly, has not yet legalized it , the chances are slim to none that you would get into any trouble for wagering on the ponies over the Internet. There has never been an instance where any bettor was arrested or even fined for betting horses online, but we still suggest that you follow the laws in your state. Local tracks are not able to offer bonuses because horse racing betting sites operate differently.

All money generated at a local track is either going to the prize pool or being distributed to other areas as required by state law. Horse betting sites generate revenue from several streams and do not have the same tax or distribution requirements, as they operate online and are based outside of all US legal jurisdictions. It would be impossible for a local track like Santa Anita Park or Ruidoso Downs to give you a bonus on your deposit with their legal structure, which is another reason why horse enthusiasts prefer online horse racing betting.

States with legal horse betting at on-site racetracks provide lots of entertainment for fans of the ponies, but if you want the most bang for your horseplaying buck, the Internet is always the way to go. What kind of races are available to wager on at the online books? When most people think of horse racing, they think of the Triple Crown races, which are obviously available to wager on as early as six months in advance.

However, the online racebooks also offer odds on various smaller races, from all across the world, weekly championships, and trophies like the Bahrain International among others. Many online racebooks are safe to use, although there are occasionally bad actors within their number.

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