How to Spot a Tout
Punters who receive sports betting advice and picks for the games of the day from a third party should learn to take the risk before entrusting their money to them. Check out how "touts" work and why punters have to be careful as these handicappers can spell their success or downfall in their sports betting journey.
Most sports betting terms can be applied in all sports, but some can be said only on that one sport. That’s why upstart punters in horse racing will likely place their bets “Across the board.” The general definition across the board is something that coins to “applying to all.” But how does across the board work in sports betting? Or horse racing in particular?
BETTORS GET CHANCES FOR MULTIPLE PAYOUTS
Across the board is described as a process of wagering on a horse to win, place, and show. It means bettors can make separate bets on the same horse and have the chance to win three times. Once the bettor’s chosen horse wins, he gets to win in all three across-the-board bets. If the horse places second, the bettor takes two of three bets, while a third-place finish for the horse will lead to one won bet.But punters must employ an effective strategy to have bigger chances to win across the board bets. When bettors play longshot horses, experts consider that an effective strategy. For example, if a bettor is convinced to place money on a horse that is a 37-1 long shot at winning the Kentucky Derby against another horse that’s a 5-2 favorite. Once the punter places his money on the longshot across the board will net a USD31.80 place payoff and a USD15.40 show payoff, resulting in a total return of USD47.20 on a USD6 investment.
WIN, PLACE, AND SHOW BETS DEFINED
The three bets a punter needs to win at an across-the-board bet are the win, place, and show bet. If the bettor picks a win bet, he expects to choose the horse to top the race. If the horse finishes first or second, that would be a place bet, while a show bet happens when a punter picks a horse to finish within the top three.Additionally, a more challenging bet is defined as winning the more it pays, resulting in a bigger payoff for a win bet than a show bet. That’s why a bettor needs to research more to expect his horse to win across the board based on the win, place, and show bets.However, keep in mind that the payout for the show bet is only big enough to cover a bettor’s losses. Even if a punter chases in his winning show bet, he has already lost money on most occasions.
AVOID SHORT-PRICED RUNNERS
The chance of a big payout with three winning bets usually entices horse racing bettors to go across the board. But punters should avoid placing money on short-priced runners in this kind of situation.Consider a horse named Echo Zulu, which was a 4-5 pick to win the 2021 Breeders’ Cup Juvenile Fillies) race. The bettor will receive only USD8.30 on a USD6 investment as picking Echo Zulu will lead to only USD3.60 to win, USD2.60 to place, and USD2.10 to show based on USD wagers. If Echo Zulu placed second, the bettor could only collect a USD4.70 payoff, resulting in a USD1.30 loss, while a third-place finish merits only a USD2.10 return for a USD3.90 loss.If a punter gets into such a situation, he should use his USD6 investment to bet it all to win on the short-priced favorite. If Echo Zulu wins on a USD6 bet, that will enable the winning bettor to receive a USD10.80 return – which is relatively better than the USD8.30 payoff from the across-the-board bet.Just like in any other bet, punters must make the smartest wagers every time to succeed in across-the-board bets. Bettors need to bet with their minds, not with their emotions.
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