For centuries, horse racing betting has enthralled masses with its intriguing mix of sport, strategy, and potential riches. However, for beginners, horse racing betting seems like an intricate puzzle. 

Do not be afraid, young grass enthusiast! This roadmap will take you from knowing nothing to being knowledgeable about horses and will easily lead you through the thrilling world of horse racing betting.

Step 1: Grasping the Fundamentals of Horse Racing Betting

Before discussing exotic bets let us cement some basics in place. The primary objective in horse racing betting is to predict the outcome of races. 

• A win bet is the most common wagering type where gamblers select a horse they think will finish first. 

• The odds show how likely a horse is to win: they are expressed as a number. Higher odds mean that a horse has a less chance of winning but may give you more money if it crosses the finish line first.

Step 2: Different Horse Racing Bet Types

As one gains expertise in gambling on horses he or she can start exploring various types of bets available in this field. Here are some popular options:

• Place: It means that there should only be one winner; however, that is not right because you may pick a particular animal to occupy either position one or two (in rare cases even three). It offers higher winning chances compared to win bets but lower payouts.

• Show: This type works similarly as place bets allowing players to choose any runner-up as well as any third placed animal among others available at that particular event stage thus ensuring highest probabilities of earning cash from such basic forms of bet with comparatively small winnings.

Step 3: Surrendering Yourself to Exotic Betting – Place and Quinella

Well then let’s dive into exotic’s exciting world, which allows for large payouts but demands better knowledge about how exactly gambling works here:

• Place: Apart from these common place wagers there also exist exotics known as exacta (also called perfect place). In this case, you should predict the finishing order of the first and second horses correctly. The stakes are high, but so are the potential returns.

• Quinella: This is a bet that requires you to identify two horses which will finish first and second in any order. Compared to exacta, it has slightly better chances of winning but offers lower rewards.

Step 4: Elevating Your Horse Racing Betting Experience with Strategies

Now that you have a grasp on the fundamentals, let us look at some strategies that can help improve your horse racing bets:

• Handicapping: In this method, various factors such as previous performance of a horse, abilities of jockeys or condition of tracks are employed to determine its chances for success. Handicapping is successful only if it is backed up by extensive research and data analysis.

• Form Study: Review past races involving a particular horse and consider things like where it finished; running styles; trainer comments among others. This information could be an invaluable aid in your horse racing betting decisions.

Step 5: Responsible Gambling Practices

Horse racing betting should be considered as a fun activity. Here are some responsible gambling tips to remember:

• Set a Budget: Decide how much money you want to spend on horse racing betting and make sure you follow through. Never try to make up for losses by wagering more than what one can afford.

• Focus on the Long Game: Horse racing is not about making quick wins. Consistent efforts yield greater benefits over time unlike sporadic ones made without much thought beforehand.

• Know When to Walk Away: If you are confused or unlucky, have a break. Horse racing betting is an art that requires self-discipline and knowing when to quit.

Conclusion: The Journey from Beginner to Pro in Horse Racing Betting

Horse racing gambling is both an exciting game and a means of making money from it. This blueprint has given you the basic tools and tactics for taking a step as a wandering beginner towards becoming a confident handicapper. 

Bear in mind, responsible gambling practices, intense research, and sharp handicapping skills determine success in horse racing betting. Hence, employ your new-found understanding into action; experience the thrill of horse racing bets!