Historical horse racing machines are a great and competitive substitute to traditional horse racing games. These type of amusement machines has been famous in the early 20th century. These historical horse racing terminals are mechanical and coin-operated devices. Thus, it simulates a running horse race wherein you can bet on the outcome of which horse wins. Thus, you can bet the same way you how you wager at any horse racing facility or Off-Track Betting parlour.
What is a Historical Horse Racing Machine?
Historical Horse Racing (HHR) terminals are like bingo machines. With a Historical Horse Racing machine, you can bet on the outcome of a race even if it has already happened. That means you do not have to wait for the race to be over. You can just watch it end so that you can confirm whether your bet wins or loses.
If many people bet on the same horse, it will not change the odds. We are all betting on the same horse to win, but one will still end up winning in the end. Moreover, if you bet on a horse that does not win, your money is still gone. Nevertheless, like with other bingo machines, the prize pool is divided in different ways. If you bet on the right horse and there are many people who did too, your win will be smaller. However, if you are one of the few, your winnings will be bigger.
How do historical horse racing machines work?
HHR machines are leveraging the same pari-mutuel betting system that traditional horse racing use. Here, the horses are ranked by their expected performance. Then, people make bets on them. The prize pool will be given to the winners. This means that you cannot tell what your payout will be until all of the wagers have been made. So what you initially see at the time are only payout estimates and not the actual winnings.
Autocap is a way to put your money on horses that have the best chances of winning. You don’t need to pick them yourself. Autocap will use the odds from other races to automatically choose the horse with the best chance of winning. But it may not win every time, so you could lose more than if you picked yourself. But at least you will win more often too!
What is Pari-mutuel betting?
Also known as pool betting. Pari-mutuel is a unique type of betting. Instead of betting against a bookmaker, you can place your bet against the other bettors who are also wagering on the same horse race event.
Moreover, all the stakes will go into a prize pool. Then, those bettors who win share the prize pool equally. Also, there will be a small percentage of the total wagers that go to the house.
Unlike the other types of sports betting, the pari-mutuel betting used in HHR machines is legal worldwide. Usually, you will encounter this type of betting in horse and greyhound racing. In addition, you can encounter this betting system in jai alai. Jai Alai is a sport the slightly resembles the game racquetball and squash.
Is there a betting strategy to use in horse racing machines?
As stated HHR machine uses pari-mutuel wagers, so it will be difficult for you to apply any betting strategy. This is due to the reason that you do not get fixed odds. Here, the payouts will depend on two factors:
- First, how many bettors are staking on a horse racing event.
- Secondly, how many bettors have picked the winning horse.
Thus, the winnings will then be officially calculated after the betting has been closed. As you can see, it will be hard to make a betting strategy with a historical horse racing machine.
How to play Historical Horse Racing Machines?
Additionally, a Historical horse racing machine is a form of gaming done at an electronic terminal similar to a slot machine.
1. Before you hit spin, enter your card first
Do you have a casino comp card? If so, then swipe your card first to earn points before you play Historical Horse Racing Machine. In case, you have not signed up for casino membership, then sign up for one.
2. Enter Your Card and Hit Spin
Enter your Rosie’s Rewards Card into the machine you select to start your play! Do not have a card? Visit the Rewards Club to sign up!
3. Select the Horses That You Want To Bet
You can do this in two ways. First, you can pick the winners from three randomly chosen historical horse races. Of course, the HHR machine will not tell the players where or when that race originally took place. Although, you can see the information about the winning percentages of the jockeys and trainers.
Second, Select the Autocap button, then let the computer automatically pick the horses with the best odds.
4. Place your bet and spin the button
After placing your bet, you can now then spin the button. With Historical Horse Racing Machine, you can watch the animated re-enactment of the chosen past race results. On the other hand, you can also watch the graphic representation of the finish race.
Historical Horse Racing Machine FAQs:
What are the benefits of HHR machines?
Playing in Historical Horse Racing machines can be advantageous to the player. First, you can enjoy betting on a horse race without needing to go to an actual horse racing track. Moreover, you don’t have to wait for the race to begin and finish. With HHR machines, you can easily find out whether you win or lose.
How does the Historical Horse Racing machine differ from the slot machine?
Slot machines and HHR machines are different. More specifically, they have a different way of winning. Historical Horse Racing machine is random like the other, but they are not the same. With HHR, you can bet on a horse with the horse machine. Then, you can see your winnings in that manner when you have autocap on. Moreover, it will be easier for the players with autocap to play this game. More specifically when they know what they are doing. Furthermore, it is less challenging for them because they know what to expect when they get out of the game.
What are the types of Pari-Mutuel wagers?
In the Pari-mutuel betting system, there are different types of wagers that you can place. This includes Place wager, Show wager, Across the board, Each way, Exacta, Duet, and Trifecta. Wagering with Pari-mutuel can be extremely difficult to understand right. However, they tend to offer large payouts to the winners.