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Horse Racing Bet Types The Types of Horse Racing Bets VideoMobile Betting 101 - Win, Place and Eachway bet types Types of Horse Racing Bet: Horse racing offers a plethora of different bets from which to choose, ranging from your simple win wager to the white whale of racing, the Pick 6. “An each-way bet is a two-part bet, with half the stake going on the selection to win and the other half on the selection to place. It costs double that of a traditional win bet and will yield some sort of return if the selection wins or is placed. Exacta/Perfecta/Exactor – One of the simplest single types of horse racing bets is the exotic wager. The Perfecta is the combination of predicting the winning pony and the second place pony, in order. The proceeds are higher than wagering either of the ponies to win or place betting options. Boxed bet: Boxing a bet means to cover all possible combinations of finish for multiple horses. If you want to box an exacta, you would bet that Horse A wins and Horse B places, and also that Horse B wins and Horse A places. In other words, you think those two horses will finish first and second, but you're not sure in what order. Horseracing Bet Types All variations of Basic Horse Racing bets stem from the premise that you will receive payouts based on the first, second, third and fourth place finishers. Win Bet - You win by selecting the horse that finishes first (to win). Place Bet - You win by selecting the horse that finishes first or second (to place).
You can read about Pick-5 Betting Strategy in detail behind the link The most complex of the horizontal exotics, the pick 6 requires bettors to pick the winner of six consecutive races.
This means that if you and another person were to both correctly pick all six winners, neither of you would win though there is typically a consolation payout.
There is also a Rainbow-6 Bet that is a special version of the Pick You can read all about Pick-6 Betting Strategy behind the link Types of Horse Racing Bet: Horse racing offers a plethora of different bets from which to choose, ranging from your simple win wager to the white whale of racing, the Pick 6.
Win: This one is pretty much self-explanatory. Place: In order to cash a place bet, your horse must finish in either first or second.
Show: A show bet pays dividends if the horse you wager on finishes in one of the top three positions. Across the Board This is the term given to betting Win, Place, and Show on a single horse.
Exacta: The simplest of the vertical exotics, an exacta requires the bettor to select which horses will finish first AND second in a given race in the correct order.
They both have to win their race for you to successfully win your bet. Double dividends are calculated by the amount of total money in the pool at race end.
A dividend is then declared after the race is run. The Running Double requires you to correctly select the winners of any two consecutive races at the one race meeting e.
Race 2 winner and Race 3 winner. Running doubles are available across the board and can often through up a good dividend if you think outside the box.
A Treble involves picking the winner of three separate races. The first bet returns are rolled over to the second bet, then the second bet returns are rolled over to the third bet.
Each of the three selections must win for your bet to be successful. Selecting three winners can accumulate into a large dividend if bet with value in mind.
All three bets have to win for your bet to be successful. Also known as an Accumulator or Parlay. An All Up allows you to select one or more runners to win or place on different races and all of your selections are required to be successful for the All Up to win.
The payout is worked out by multiplying your initial stake amount by the odds for each of your selections. Number 2 Race 2 , Number 4 Race 4 number 6 Race 6 and number 8 Race 8.
Assuming all runners win All up betting allows you to win a large amount of money for a very small outlay if you select wisely. Most bookies allow you to have all up bets over different meetings across different race codes, including Harness racing and Greyhounds.
Another form of Multi-bet is the Parlay, which is a set number of combinations where all are required to win for you to be successful.
Each Parlay has a set number of legs but when you select a Parlay, you are choosing all possible combinations of Multi-bets for that number of legs.
In addition, some Parlays also include single bets on each selection or leg. There are also different permutations of these bet types like a box trifecta and a box quinella.
A box exacta is where the bettor can select any number of horses to finish 1st or 2nd and the runners can finish either 1st or 2nd. Similar to a quinella the order for 1st and 2nd is not important.
A trifecta is a bet type whereby the bettor selects horses to finish 1st, 2nd and 3rd in correct order. A box trifecta is a type of trifecta bet where the bettor selects a number of runners 3 or more to fill the 1st, 2nd and 3rd places.
The first four is a bet type where you must select runners to finish, 1st, 2nd, 3rd and 4th in correct order.
Multiple race exotic bet types include: daily double, treble, quaddie and the big 6. A daily double is a bet type that combines two single bet types over two horse races.
Both horses must win for the bet to be successful. A treble is a betting type whereby the bettor must select the winner of each of the three nominated treble races.
A quaddie is a betting type whereby the bettor must select the winner of each of the four nominated quaddie races. The big 6, or straight six, is a bet type whereby the bettor must select the winner of each of the 6 nominated big 6 races.
There are also different bet types for sports betting. These include: fixed win, line betting, margin betting, lay betting, multi bet and live betting.
Fixed Odds are the current fixed price for an event at any given time. Line betting is a form of betting whereby the bookmaker handicaps a team by setting a margin, which effectively makes the game equal.
This margin is referred to as the line. Boxed bets give you an alternative. For example, in a boxed exacta bet, of the two horses you select, either could finish in first as long as the second horse comes in second place.
As long as one of the horses runs first and the other one runs second you win your exacta. Each combination costs the same, so your cost is double by playing a two horse box.
A three horse exacta box is a viable wager too. A quinella is an intriguing option that could fit into either vertical exotic or boxing exotic category, depending on how you want to look at it.
In order to win a quinella, you must choose who will finish first and who will finish second in a race, but the order does not matter.
For handicapping purposes, a two horse quinella and a two horse exacta box are exactly the same. As such the same approach can be taken to handicapping both wager types, though it makes sense to use them in slightly different scenarios.
Because quinella bets and exacta wagers go into separate betting pools, the odds may differ. If I bet a one-dollar exacta box two dollars total, one dollar on the combination, and one dollar on combo , I am betting against everyone else who has played exactas.
A two-dollar quinella covers the same two potential outcomes as the above-mentioned exacta box but does not tie half the wager to each one.
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.Show This is Dragon Nest Eu Download bet on a specific horse coming first, second, third or fourth. The payout of Lucky 63s varies depending on the odds and Blu Casino Online of the horses winning. Both selections must win to guarantee a return. The simplest of the vertical exotics, an exacta requires the bettor to select which horses will finish first AND second in a given race in the correct order. Due to it being a pool bet, all of the wagered money is put into a single betting pool and then all of the winners will take an equal share of that amount. This means that if you and another person were to both correctly pick all six winners, Bitcoin Cloud Mining Anbieter of you would win though there is typically a consolation payout. Best of the Best. Only one Tragaperrasgratis Gratis must win to guarantee you a return. The Union Jack Trixie Bet consists of 32 individual bets with nine selections running in different races. For a straight superfecta bet you would select four or more horses Mainz Bayern Live the race and wager on them to win, place, show or come in 4th place. All 4 or more selections must Horse Racing Bet Types or place if each way to guarantee a return. Roulette Software is the term given to betting Win, Place, and Show on a single horse. Home Types of bets.