A horse bet slip is a document that casinos, race tracks, and online betting websites need to approve your wagers in advance. You can’t simply walk up to the counter and place your bet without this form. It might seem simple enough but there are a few things you need to keep in mind.
Why Are Horse Betting Slips Necessary?
The short answer is security. A casino or race track doesn’t want to take any chances of losing money to hackers or other unauthorized individuals. Additionally, they want to make sure you’re not using bots or a program to get around the house betting limit. These things might be simple to set up but once someone starts winning consistently, they will get noticed.
For these reasons, it’s important to keep your horse betting slip safe and secure. Thankfully, the majority of the sites that process these forms will take care of generating a secure document for you. Additionally, they will help you keep track of your bets and winnings so you can prepare a tax-free return when the time comes (assuming you’re a U.S. citizen and all transactions take place within the United States).
The Important Numbers
There are a few numbers you need to know when it comes to writing your horse betting slip. First, the prefix for horse racing is HO. The post-code for horse racing is 714. Last, but not least, make sure to enter the total weight of the horse in pounds, not kilos. Otherwise, the wagering office might ask for more information since it doesn’t appear in BMI (Body Mass Index). BMI is used to determine an individual’s body fat percentage and it doesn’t take into consideration muscle mass. That’s why you need to enter the horse’s weight in pounds. (Muscle mass won’t affect your BMI rating significantly).
With that being said, let’s get down to business and write out a basic horse betting slip.
The Basics
A horse betting slip is a short document that looks like this:
- Your full name
- Date of birth
- Social Security number
- Driver’s license number
- Current address
- Your occupation
- Total weight of HORSE
- Breed of HORSE (optional)
- Trainer’s name (optional)
- Last race date
- Place of last race (optional)
- Class of last race (optional)
- Result of last race (optional)
- Show/Feature Card number (optional)
The prefix for horse racing is HO. Therefore, when entering the information on a horse betting slip, use the following form:
- Bets/Wagers by:
- Date:
- HORSE (if using a computer program, enter 714 in the space provided)
- Track:
- Race Number:
- Post-Code:
- Result:
- Jockey:
- Distance
- Gender:
- Age:
- Height
- Weight
- (Optional):
- Breed (optional)
- (Optional):
- Trainer’s name (optional)
- (Optional):
- Race Distances
- (Optional):
- Jockey’s name (optional)
- (Optional):
- Race Time
- (Optional):
- Previous Race Results
Last but not least, make sure to enter the total weight of the horse in pounds, not kilos. Otherwise, the wagering office might ask for more information since it doesn’t appear in BMI (Body Mass Index). BMI is used to determine an individual’s body fat percentage and it doesn’t take into consideration muscle mass. That’s why you need to enter the horse’s weight in pounds.
With that being said, let’s get down to business and write out a basic horse betting slip.
Entering The Data
There are a few things you need to keep in mind when entering the data on a horse betting slip. First, always use your full names and the date of birth. Never use a nickname or use fake or stolen information to ensure you’re not misidentified if there’s a problem.
If you’re using a computer program to enter the data, make sure to type out the entire SSN and driver’s license number. If you forget any of those numbers, you’ll have to start over. In some instances, the wagering office might not accept your bet due to the lack of required information. So, make sure you enter everything correctly.
Where Do You Enter The Data?
To maintain the highest level of security, you must keep your horse betting slip as close as possible to the original source. This is why it’s important to keep your personal information private and secure. Additionally, avoid using public computers and open wi-fi connections when entering the data. Again, it’s a good idea to print out the slip once you’re done entering the data. This will help you confirm everything before you submit the form.
Even after you verify all the information and submit the form, do not click on any links in the email confirmation. Instead, print out a copy of the email and review it before you enter any further information online. You should do the same with any other emails you get after submitting the form. It’s better to be safe than sorry.
Now that you know how to write out a horse betting slip, you can start taking advantage of this simplified method of placing bets on the races. If you have any additional questions, please feel free to contact us.