Placing a bet on the horses can be exiting, but it can also be confusing for a first-time better. How do you choose a horse to bet on? What do odds mean? What are the different kinds of wagers? What are handicappers?

This great visual guide from TVG breaks down all the jargon and makes it easy to understand the betting process.

How to bet on horse racing for beginners – Infographic

You can check out the infographic in full below (click or tap on the image for a better view).

Infographic by – an American horse & greyhound betting company and a digital cable and satellite television network.