Spread Bet (Horse Racing)

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A spread bet in horse racing involves betting on the difference in finishing positions between two horses. The spread, also known as the line, is set by the bookmaker and represents the expected difference in finishing positions between the two horses.

For example, if the spread is set at 1.5, and you bet on the favorite to win the spread, they would need to finish at least 2 places ahead of the other horse for your bet to win. If they only finish 1 place ahead, you would lose the bet. Conversely, if you bet on the underdog to cover the spread, they would need to finish within 1 place of the favorite or win the race outright.

Spread bets in horse racing can be placed at the racetrack, off-track betting locations, or online with licensed horse betting sites. It’s important to always gamble responsibly and never bet more than you can afford to lose. Additionally, make sure to check your state’s regulations regarding horse racing betting to ensure that you are betting legally and safely.

 
 

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Eamonn KeenanEamonn Keenan
Eamonn Keenan, with a Digital Arts Degree from the University of Tampa, brings over a decade of sports betting experience to his role as Creative Director at BettingHero.com. Starting with Betting Hero in the Fall of 2020, Eamonn has been deeply involved in the industry, assisting customers with major sportsbook and casino operators like BetMGM, Caesars, DraftKings, and others. A self-proclaimed sports fanatic, he has a keen interest in professional hockey, MMA, NFL, NCAAB, NCAAF, and MLB. Eamonn enjoys researching teams and players to predict game outcomes, highlighting his passion for sports betting.