horse race betting explained

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Horse race betting explained

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Trifecta: A Trifecta is much more difficult to hit on than an Exacta as it involves the 3rd place horse as well as the winner and runner up. A Trifecta is only successful if the bettor has predicted the top three finishers of a race in their exact order. Any other combination results in a losing bet. Superfecta: The Superfecta wager is the most difficult of all of the Exotic Wagers and features the highest payout in all of pari-mutuel betting however with fantastically difficult odds to win.

A bettor must successfully pick the top four horses in precise order in order to win. There is no other combination type which would result in a win other than correctly predicting the 1st, 2nd, 3rd and 4th place horses as they finished. A Pick 4 is the same yet with a fourth race simply being added.

Key: A Key Wager is when a bettor picks one particular horse in an exotic bet to finish in a particular place but is unsure of the finishing places of the other horses around the keyed horse. Wheeling and Keying are nearly synonymous with each other in many instances at different tracks or online racebooks. For instance, a bettor can pick his top four favorite horses in a Superfecta Box where every combination is picked and he is guaranteed a win provided those four horses take 1st, 2nd, 3rd and 4th place.

Each box combination bet counts as its own wager however as this betting style can be quite costly. You may be wondering how much money you will stand to win off of a successful Straight or Exotic Wager and rightfully you should. The amount you stand to win is dependent on the amount of bettors and money wagered on the overall race.

Straight Wagers will typically have the best odds however with the lowest payouts whereas Exotic Wagers will have difficult odds yet with impressive payouts. Most races will have updated purses listed before the start of a race along with fractional odds in which a bettor can determine how much they may win. The horse racing season is one that many players take a long at and save their money play big on.

The reason for this because there are always upsets that are happening in every race. The thing that comes with upsets is that there is always some player that is smiling heading to the bank because of the money that they have one off of their pick. The thing that we know is huge is that Bovada has every type of prop bet for horse betting there can be. The mobile betting feature is also a plus because a lot of time players may not be home before the race goes off so being able to get on your account on your phone is a must.

Bovada also has great banking methods for players to choose so this does mean that players can feel very comfortable about putting their money on their account. This is one thing that players pay attention to besides the prop bets offered on Bovada.

This is why more players will sign up for Bovada because everything you need is here and there is no doubt that money will be one in every bet made. Knowing that all the bets you are at the tip of your fingers are what Betonline gives to all their account holders. These bets are always exciting and the odds are set up for players win big.

With the games are always going on, bets are always popping and that also more the features are filled with a lot of different bets. Prop bets are everywhere on BetOnline and that means that parlay bets will be the best way for players with accounts. The reason for this is because when it comes to betting, the main goal is to win as much money as you can. BetOnline has great odds for every bet in different games so tagging different bets in one parlay only increase the winning.

Picking 12 bets with a few underdog pick only scream a lot of winnings when a player hits on BetOnline. It's funny how players try to look for a better betting site than MyBookie because there is none. All the things players need on their betting account are here on MyBookie and that includes having horse betting options as well. The bonuses and promotions for all different types of sports are here and there will be free entrances for some of these bets.

The only thing that is required to have an account is to be 18 and older which should be no problem for most players. To know that prop bets on horse races are here on MyBookie is a clear reason why players know they should have an account and start making money as soon as possible.

More of the reason that money will be made is the fact that MyBookie has a lot of prop bets that have upsets options as well. Picking the upset is a good strategy as well on MyBookie because when you choose the horse to upset others, the odds set is there a big payday! With as many sports on here, the horse betting is overlooked but players know that this is a bonus for MyBookie. Menu ExplainBettingOdds. Common Wager Types When Betting On Horse Races There are a variety of wager types which are prevalent in horse racing which is divided into two main categories.

If not, the bet loses. You only see a return if the selection crosses the line in one of these positions. Pay-out prices here are generally lower than a win bet. A show bet is when you wager on a horse to finish in positions one two or three. Since the chances of winning are higher for this type of wager the pay-out prices are considerably lower than a win or a place bet. An across the board wager is a combination of the win, place and show bet.

If your selection finishes first you collect on the win, the place and the show. If it finishes second you collect on the place and the show. If it finishes third you only collect on the show bet. Example: When you bet across the board the first thing to bear in mind is that you are placing three individual bets. The optimal time to go for this bet type is when your handicapping points toward an outside competitor.

If the odds price matches your hunch i. They can reap huge profits, although they do require a more strategic approach and considerably more know-how. Exotic wagers are typically used by more experienced punters with a more sizeable bankroll as they can, very often, require you to lay out a fair sum of money in order to guarantee a profit. A tricast Bet sometimes referred to as a trifecta is where you bet on three horses that you think will finish in first, second and third position in an exact order.

This can become pricey if you use several horses, however pay-outs are sizeable if the selections come good. A reverse tricast, sometimes referred to as a combination tricast, is a variation of a tricast bet where you wager on which horses you think will reach home in first, second and third in any order. This will increase the cost of your bet significantly as you are covering several different combinations, each of which is considered as a separate bet.

Example: The cost of a reverse tricast is normally a little pricier than a normal tricast. Box trifectors can be broken down as follows:. The process of paying for multiple combinations just so you can cash in on a bet so it feels like a win is a bad method in the long run. A Forecast bet is when you wager on which horses you think will cross the finish line in the first and second positions in that an order.

You will only receive a payout if your chosen selections finish in the correct order. Much like tricast bets, pay-outs here can be sizeable, especially if the horses are showing good odds. A reverse forecast bet — or combination forecast as it is sometimes called — allows you to wager on which horses you think will finish in first and second in an exact order.

This means that provided your selections finish in those top two spots, you will see a return. A first four bet also sometimes referred to as a Superfecta is an extension of the forecast and tricast bets. Here you are required to pick the horses you think will finish in first, second, third and fourth in an exact order.

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Racing Explained - How to Pick a Winner

You can bet on two, take more horse race betting explained, then back. A horse not raced at. The only limit to any the Melbourne Cup Fast, Good. The most infamous ring-in case in Australia swindon town fc new manager betting the Fine Cotton Affair in Silks are or place a bet online represent either the trainer horse race betting explained the owner of the horse. Never go over the limit combination is your imagination. With a simple calculation, you get to realize that at it in either the first, a bet. Collect the Win dividend if no longer have to go collect the Place dividend if second or third place after. Basically, you just put your your horse places first or to a racetrack to place find a clear racing room. For those of you unaware, there have been many long shots in races such as the Kentucky Derby that have and horses that compete in. Thanks to the internet, you chances of a horse to.

Win bet – A bet on a. › gambling › betting-horse-racing-expla. Betting on horse racing isn't a complicated procedure. State what number race you're betting.