Questions from a 100% horse racing noob

[Prof_Factor]

Hi all,I'm new to the states from AUS. Over here for work and really love a punt on the horses.One thing that I'm really struggling to get my head around is the morning line that is created. Back in Aus we have whats called fixed odds betting, where we can back a horse at a price in the morning and the odds you've backed it at doesn't change. Is the anybody on this forum that could help me out as i don't wish to stop beating now i'm in the states!

Morning Line is nothing more than an expert's guess on what will be the actual closing (final) odds.

 

[timmy2toes]

Thanks pro_factor, surly this gives the fav to put up an outsider price and scoop the better price himself?? Never trust the so called experts hey�� .with derby Day approaching do you have any tips for a luckless punter like myself

 

[Prof_Factor]

... put up an outsider price and scoop the better price himself??

Aussie racing has you more than well conditioned to handle American racing.
I've never seen that posted anywhere. If you're wiley enough to make that assertion then "luckless punter" you are not.
While some ML makers still try and make a price for themselves, there are usually enough wise guys around to extinguish the plot.
Welcome aboard.

 

[HossSense]

Did anyone notice this thread is 2 yrs. old and he/she is no longer here???????

 

[Prof_Factor]

Yes, timmy2toes revived this thread on the 30th .... likely via newby search for american racing help.

 

[timmy2toes]

Correct pro factor, I'm very interested in American races. The triple crown is something that amazes me. We've got Melbourne/Caufield cup double. and the Cox plate, but one horse 3 massive rsces in one season is incredible