There are many different ways to bet horses on Bovada. You can bet on the favorite, the spread, over/under, or even on a Proposition wager.
Each of these bets has its own set of rules and variables that need to be considered before making your decision. .
When betting on the favorite, you are essentially placing a bet on the horse that you believe will win the race. The favorite is given a number between 1 and 12 (with 12 being the outright favorite), and this number is displayed next to the horse’s name on all betting boards.
Betting on the spread means that you are wagering on the difference between the two leading horses in the race. For example, if horse number 1 is priced at 9/1 and horse number 2 is priced at 10/1, then you would place a bet on horse 2 at 10/1.
Over/under bets are made when predicting how many miles each horse will run in the race. If you were to place an over/under bet at 5½ miles, then if either of the horses in front of you ran 6 or more miles, your bet would be refunded (assuming your selection was correct).
Proposition bets involve wagering on specific events that will take place during racing. For example, you may be able to wager on whether a jockey will be thrown from his mount during a race, or whether a horse will break from its track during competition.
When making any type of Bovada bet, it is important to carefully consider all of the variables involved before placing your bet. This includes knowing how much money you want to risk as well as understanding how each type of bet works in order to make an informed decision.
