Daily Horse Race Betting Comes to Town - KXNet.com - Bismarck/Minot/Williston/Dickinson-KXNEWS,ND

Daily Horse Race Betting Comes to Town

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Everyday, around the world, there's a horse race somewhere.  Now, a few local bar owners bring the excitement of live betting and today's Preakness to town.
Newly-installed kiosks allow customers to participate in pari-mutuel betting, which pools everyone's money and pays out among all winners.  By way of example, Gary Funston of Bismarck explained how to interpret odds:  "If you were going to put a dollar down on 15 to one, so for every dollar you bet, you'd win 15 times, because the odds are 15 to one, if that horse wins.  So that's not good odds."

A portion of all bets goes to the North Dakota Racing Commission, as well as to local charities.  Advocates say betting here in North Dakota keeps taxes associated with wagering in-state, versus online betting, which sends most tax dollars out-of-state.  Customers say it's fun -- and easy.

"The reception that we've had so far has been really good.  Stop in and check it out.  Our help is trained to help people when they come in.  We'd just like to see everyone we can," says Mike Thomsen, Owner of Midway Tavern in Bismarck.  Patron Tim Wetch of Bismarck says it easy.  "You can bet as little or as much as you want, and it's a lot of fun for a little bit of money."  Wagering kiosks like the one at Midway Tavern protect against underage gambling by requiring a driver's license scan.  

Horse racing fans can place bets everyday at Midway Tavern or Captain Freddy's in Bismarck, and in Dickinson at Paragon-Champs.

The Preakness didn't work out well for Orb, winner of the 2013 Kentucky Derby, as he just couldn't break free from the pack.  Oxbo was today's winner, so there'll be no Triple Crown in horse racing this year.  

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