Betting Horse Racing Tracks on Closing Day

Many horse racing bettors do not realize that the end of a horse racing meet can offer some very good betting opportunities. You should be on the lookout for closing day and be prepared to take action. Make sure your online racebook account is well-funded and your selections are made.

Here at the top 5 reasons for betting horse racing tracks on closing day.

1 – Fewer Quality Horses Remain

As a horse racing meet comes to a close, the quality horses will be shipped to other tracks. This means that the number of talented horses is reduced. That could make a race easier for you to handicap. Sometimes on the closing day of a meet you will encounter a strong favorite in a field of horses that really have little chance to win.

The downside of this strategy is that the betting public will usually be able to spot such horses. You won’t get very good odds on these horses, but you can still make money when they are a sure thing.

2 – Trainers Need to Make Shipping Money

It costs a lot of money for a trainer to move their entire stable to another race track. The way many trainers make this money is to put horses in spots that almost guarantee a win. Granted, nothing in horse racing is ever guaranteed, but this is as close as it gets.

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A trainer may have an allowance level horse and decide to enter them in a $10,000 claiming event. This is called a drop. It means that the allowance horse will be facing easier competition. In many cases horses that have been dropped in this fashion win with ease. It is a risky proposition for the trainer because someone can claim a very good horse for a small amount.

3 – Carryovers Must Be Paid Out

Horse racing tracks like to offer exotic bets such as the Pick 6. Some of these bets are so hard to win that no one wins them on a given day. When this happens, the betting pool carries over to the next day. This will continue until someone wins the bet.

Sometimes the carryover reaches the last day of the race meet. When this happens, the pool must be given away. In a Pick 6, the pool will be awarded to those who get all six picks right. But on closing day it may be awarded for five or even fewer winning selections. Many horse racing bettors jump on this opportunity to cash a winning ticket.

4 – Jockeys Need Wins

Each horse racing track usually rewards the top trainers and jockeys of a certain horse racing meet. On closing day many of these awards are usually decided. Going into closing day a jockey may only need a few wins to lock up the award. Another jockey may be within striking distance. This can lead to competitive scenarios that bring out the very best in horse racing trainers and jockeys.

Of course, jockeys are also getting ready to move on to the next horse racing meeting. This means that they need to make expenses also for traveling. Some overlooked jockeys may also get additional riding opportunities because the other top jockeys have left the track.

5 – Local Horses Have More Opportunities

Many large horse racing tracks attract horses from out of state. This is especially true when it comes to the big stakes races. Horses on the local circuit may have difficulty competing against these higher quality horses.

When the meet is ending there are more spots for the local horses to fill. What you want to look for in this situation are horses that have been competing well against other local horses. They are sometimes easy to spot, and they may present an excellent betting opportunity.

Remember, you can bet the closing day at a horse racing track when you sign up with one of our recommended online horse betting sites. You will be able to play with a computer, phone, or tablet. Some online racebooks will even give you a free money bonus. Check our Bovada racebook review, Twinspires review or even our Betamerica review. All great choice if you are in the US. 5Dimes review for folks anywhere outside the US!

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