Different Types Of Horse Races
In the fun and fast paced world of horse races, there are many things that an amateur horsed better should be aware of. Many players think that one horse race is just like the other for it they seem the same. This is not the case.
Horse traces come in several different types and these are the stakes, allowance, maiden races or handicaps. Each race has its own advantages and disadvantages. Each race has its own unique requirements in the race and this also affects the bets and odds involved.
The Stakes races are the races that usually happen once a year and offer very large jackpots. It also means that the horses that compete here are those of a very good quality. Some examples of the stakes races are the famous Kentucky Derby and the renowned Belmont stakes.
On the other hand, the Handicap races are the races that have the weight of the jockeys equalized by having the horse carry lead weights. People consider the weight as a factor when making wagers in the race. In such races, older and usually stronger horses are allowed to ride with more weight that other younger horses and the weight difference is also a point to consider when horses of different ages and weight participate in a race. The odds here go up dramatically.
The claiming races are a far cry from the common types of races. In these races, each horse is entered at a set price PRIOR to a race and could be purchased or claimed by another owner. The process of claiming a horse actually levels out the competition between the animals. An example is a horse that is valued at $30,000 cannot run in a race that has a claiming prize or rate of only $7,000. The stakes of prize worth must be that equal to the claim so that the owner has a sizeable amount to win. By the same fault, low valued horses cannot run at a high value rate. By this merit, only horses of the same category in value can race. No discrepancies are allowed here.
An Allowance race occurs when horses that are not steady competitors have to race. They usually cannot race against high valued horses. They can only compete against horses that are of their level. This is to avoid an unfair advantage.
Maiden races are special races for those horses that have never won a race in their track life. There may be other conditions to the maiden race and these races are hard to handicap because majority of the horses in these races have sported little past performances. This may be a an advantage for handicappers for some horses may have had a small victory in their race as compared to others and this could mean a profitable wager.
Players who have a wide variety of races to choose from should first of all know the ins and outs of horse racing as well as spotting a winner among the rest. There are many factors that could dominate the races and it is up to the player to place their bets carefully.