What is the best way to set up a betting pool for the Belmont Stakes?

What is the best way to set up a betting pool for the Belmont Stakes?

Obviously a bad copy high straight wouldn ‘t work as a whole wants big Brown. We were thinking about setting it up to where everything would select the quinelas or different trifectas, etc., etc.. He just wanted to see if there were experts in the pond of horse race out there that could do some light on the meaning more fun to do a pond bet our piles of Belmont who observe the party. Thank you!

Posted by: Mark P

Answer

Setting up a betting pool for the Belmont Stakes can be a fun way to add some excitement to the event. Here are a few ideas for how to set it up:

  1. Quinella: A quinella is a type of bet where you choose two horses to finish in the top two, in any order. You could have everyone in the pool choose a quinella and whoever gets it right wins a portion of the pool.
  2. Trifecta: A trifecta is a bet where you choose the top three finishers in the correct order. You could have everyone in the pool choose a trifecta and whoever gets it right wins a portion of the pool.
  3. Superfecta: A superfecta is a bet where you choose the top four finishers in the correct order. This is a more difficult bet to win, but could be a fun option for a larger pool.
  4. Individual horse selection: Another option is to have everyone in the pool choose one horse to win the race. Whoever’s horse wins gets a portion of the pool.

To make things even more interesting, you could assign point values to the different types of bets. For example, correctly choosing a superfecta could be worth more points than correctly choosing a quinella.

To set up the pool, you could use a spreadsheet to keep track of everyone’s selections and how much they’ve contributed to the pool. You could also use a site like RunYourPool.com, which has a template specifically for horse racing pools.

It’s important to keep in mind that gambling laws vary by state, so be sure to check your local laws before setting up a betting pool. Additionally, make sure that everyone in the pool is clear on the rules and that there is no pressure to participate. Betting should always be done responsibly and for fun.

How do I find objective spread betting information?

How do I find objective spread betting information?

I’ve browsed a lot of spread betting websites and they all cover spread betting to a certain extent, but I’m looking for a great website covering financial spread betting in detail, any recommendations?

Question asked by: Xeres O

Answer

When it comes to finding objective spread betting information, it’s important to do your research and look for reputable sources. While there are a lot of websites out there that cover spread betting, not all of them are created equal in terms of their accuracy and reliability.

One good place to start your search for objective spread betting information is with financial news websites and publications. These sources often provide detailed analysis and insights into the financial markets and can offer valuable information for spread bettors.

Another option is to look for independent review websites that specialize in evaluating spread betting providers. These sites can help you compare different providers and determine which ones offer the best features and services for your needs.

In addition to these sources, it’s also a good idea to look for forums and discussion boards where experienced spread bettors share their insights and strategies. These communities can offer valuable tips and advice, as well as help you stay up to date on the latest trends and developments in the world of spread betting.

When evaluating any source of spread betting information, it’s important to approach it with a critical eye and do your own research to verify the accuracy of the information presented. Look for sources that provide clear and transparent data, and be wary of any claims that seem too good to be true.

Overall, finding objective spread betting information requires some effort and research, but with the right resources and strategies, you can stay informed and make informed decisions when it comes to spread betting.

How do you make money by betting the stock market will go down?

How do you make money by betting the stock market will go down?

Ive only done regular stock purchases and sales before with my account. How do I go about in essence playing the stock market and betting it will go down? Are there any good websites to learn how to do this? Any keywords I can search? Thanks for any help!
So I dont get it… I do a put option on a specific stock?

Question posted by: shirt

Answer

To make money by betting that the stock market will go down, you can use a financial instrument called a “put option.” A put option is a contract that gives the holder the right, but not the obligation, to sell an underlying asset (in this case, a stock) at a specified price within a specified time frame. Put options increase in value as the price of the underlying asset decreases, so if you correctly predict that the stock market will go down, you can profit from this decrease in value.

To purchase a put option, you would need to open an account with a brokerage firm that offers options trading. There are many reputable online brokerage firms that offer options trading, such as TD Ameritrade, E-Trade, and Charles Schwab. Once you have opened an account, you can search for put options on the specific stocks that you believe will decline in value.

To find information on how to trade options and learn more about the process, you can search for keywords such as “options trading,” “put options,” or “betting against the stock market” online. There are also many educational resources available, such as books, online courses, and webinars, that can help you learn more about options trading and how to profit from a declining stock market.

It’s important to keep in mind that options trading can be complex and risky, and it’s important to understand the potential risks and rewards before getting started. It’s a good idea to do your research and start with small trades until you feel comfortable with the process. Additionally, it’s important to consult with a financial advisor or tax professional to understand the potential tax implications of options trading.

How much time do you have to cash in a winning ticket at a horse racing off-track betting facility?

How much time do you have to cash in a winning ticket at a horse racing off-track betting facility?

Louis Skolnick asked:
I was fortunate to win some money on a few bets I made at an off-track betting facility on the Belmont Stakes race. I totally forgot about it and had the tickets stashed away somewhere. I am pretty sure I can still cash them in, but it made me curious on how much time you have before a winning ticket becomes void.

Answer

The amount of time you have to cash in a winning ticket at a horse racing off-track betting facility varies by state and can also depend on the specific facility. In general, winning tickets must be cashed within 120 days of the race. However, some states may have a shorter time frame, such as 60 or 90 days, so it’s important to check the regulations in your specific state.

It’s also important to note that some facilities may have their own policies regarding the cashing of winning tickets. For example, some facilities may require that winning tickets be cashed within a certain amount of time after the end of the racing season, even if it falls within the state’s time limit.

If you have a winning ticket and are unsure of the expiration date, you can check with the facility where you placed the bet or the state’s racing commission for more information. It’s always best to cash in winning tickets as soon as possible to avoid any potential issues or expiration dates.

In addition, if you are unable to cash in a winning ticket within the allotted time frame, some states may allow you to submit a claim for the prize money. This process can vary by state and may require additional documentation or paperwork. Again, it’s best to check with the state’s racing commission for more information on this process.

Is there an online forum where I can discuss betting on sports, and get advice?

Is there an online forum where I can discuss betting on sports, and get advice?

Is there a web site where I can discuss sports betting and get good advice and picks and suggestions?

Question asked by: afterburner

Answer

Yes, there are several online forums and communities dedicated to sports betting where you can discuss and get advice on sports betting. Here are a few popular ones:

  1. Reddit’s Sportsbook Community – This subreddit has over 500k members and is a great place to discuss and get advice on sports betting.
  2. Covers Sports Betting Forum – This forum has been around since 1995 and has a large community of members discussing sports betting.
  3. The RX Sports Forum – This forum is dedicated to sports betting and has a large community of members discussing different sports and strategies.
  4. Betting Advice Forum – This is a UK-based forum where members discuss and share tips on sports betting.

It’s important to remember that while these forums can provide helpful advice and insights, it’s always a good idea to do your own research and make your own informed decisions when it comes to sports betting.

These online forums offer a great platform for sports bettors to interact, share insights, and learn from others. The Reddit Sportsbook Community is a popular platform that has discussions on various sports and games, ranging from NFL, NBA, NHL, to soccer, tennis, and horse racing. Users can share their predictions, ask questions, and get feedback from other members.

Covers Sports Betting Forum is another popular online community that offers a range of discussions, including sports betting news, analysis, and strategy. Members can also participate in contests and competitions to showcase their skills and win prizes.

The RX Sports Forum is dedicated to sports betting and has a large community of members discussing different sports and strategies. It features discussions on a wide range of sports, including football, basketball, baseball, hockey, and horse racing.

Betting Advice Forum is a UK-based forum where members discuss and share tips on sports betting. It offers a great platform for users to learn about different sports and markets and share their predictions and insights.

Overall, these online forums offer a great platform for sports bettors to learn and share insights with others. However, it’s important to note that not all advice or tips shared on these forums may be accurate or reliable, and users should always conduct their own research and analysis before making any bets.