Types of horse racing betting
- 08.10.2021
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Combinations in Horizontal Bets It is very common for bettors to make more than one wager on an individual type of bet. For example, in a Daily Double picking the winner of two consecutive races , you might love number one in the first race, but in the second race think number one, two, and three are really similar.
Instead of guessing which of the three might win, you can play three combinations, , , You are making three bets so it costs more, but if one wins the first race and any of your three choices win the second race, you cash a ticket.
What Is a Pick 3? A Pick 3 is similar to a three-race parlay. You must select the winner of three consecutive races and you must get your picks for all three of those races before the first race contained in your parlay begins. The rules for horse racing parlays are generally consistent with standard parlays , but there are some key differences between them. Whatever the minimum wager is of your chosen sportsbook or track , you can bet that on one Pick 3, despite the fact that it is technically a parlay.
However, in horse racing, you can place a Pick 3 parlay bet that counts as one bet. Unlike standard sports parlays, which have pre-determined odds, parlay wagers in horse racing pay differently depending on the odds of various horses. A Pick 3 where each race is won by a longshot pays a lot better than hitting three straight favorites. What Is a Pick 5? If a Pick 3 is a three-race parlay, a Pick 5 is the five-race equivalent. It works exactly the same; you must pick the winner of five straight races before the first leg is run.
Both selections must win or place if each-way to guarantee a return. If one loses the bet is off. For more details on this bet type, check out our guide here on double bets. Treble A treble bet is on three selections running in different races or events. It is similar to a double but all 3 selections must win or place if each way to guarantee a return. For more in-depth info and details on trebles, check out our guide to treble bets. Trixie A Trixie bet comprises of three selections running in different horse races.
The Trixie bet is comprised of four bets in total, these being: 3 x doubles 1 x treble To payout, a minimum of two selections must win or place in with each way bet, to get a return. If you are interested in this bet type, then find out more details on our Trixie bets page.
Patent Bet A Patent bet is a one with 3 different selections and 7 total bets. It is the equivalent of a Trixie but with the addition of three singles. So a patent bet is: 3 x singles 3 x doubles 1 x treble The total winnings will depend on the outcome of the different horses and the amount you have decided to stake.
For more details on Patents simply check out our guide here on Patent bets, it also includes a calculator to help work out any winnings. Accumulator An accumulator bet comprises four or more selections running in different races. All 4 or more selections must win or place if each way to guarantee a return. For more details check out our guide here on accumulator bets. For more details check out our guide here on Yankee bets — it goes into more detail all also has a winnings calculator, should you be so lucky!
Horse Racing - bet types explained Horse Racing - bet types explained Basic Bet Types WIN A Win bet is the most popular of all types, requiring the punter to select the horse they think will finish 1st in the race.
| Fcs betting lines | If you believe a favourite will win a race, a straight win bet is probably the best option. Explore Punters. The first bet returns are rolled over to the second bet, then the second bet returns are rolled over to the third bet. A multiple race exotic wager may be referred to as "Straight", if you take only 1 horse in each race. It is the equivalent of a Trixie but with the addition of three singles. If you are betting on a longer shot, you might consider an each-way or a place bet instead. Any return on each single, up to double the original stake amount, is used to fund a another single on the other selection. |
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| Types of horse racing betting | It is similar to a double but all 3 selections must win or place if each way to guarantee a return. The larger the number, the harder it is to pick, as well as the greater the payoff. The place bet covers for this possibility, allowing you to cash a ticket if your pick finishes in the top two. Pick 6 — The biggest bet you can make. They are the simplest of the exotics and present as a relatively easy way to turn a small outlay into something more substantial. Vertical bets are spread over different races. |
| Types of horse racing betting | 855 |
| Types of horse racing betting | You can also standout a single runner to finish second or third if you wish. If they finish 1st or 2nd, in either order, you win. Also known as an Exacta Box. Vertical bets are spread over different races. Types of bets Home Types of bets There are many betting types to choose from when placing a wager. This additional concession is offered because of the large number of runners in the race maximum |
| Types of horse racing betting | Forex news by dailyfx charts |
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Horse Race Betting Strategy - Sports Betting on Horse Races for Beginners - A TutorialBETTINGS PREDICTIONS OF NOSTRADAMUS
However if the horse finishes second or third then the bookmaker will pay out only a fraction of the win price offering. You could also think backing a horse with an outside chance of winning i. This way if the horse does actually end up finishing well the pay out price for the place bet would be considerable.
Straight Bets Straight Bets are the simplest of horse racing wagers and are, very often, the go-to bet-type for beginners. They require less risk, less experience and skill, less funds, and are generally far easier to secure a return. Although you may feel tempted to start experimenting with some of the more exotic wagers right from the off, at this stage we advise sticking with straight wagers where you only bet on one horse and things are kept nice and simple.
If your horse finishes first the bet is a winner. 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. The Show 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. Across the Board 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.
The Tricast Bet 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. The Reverse Tricast 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. 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. The Forecast Bet 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. For example, in a Daily Double picking the winner of two consecutive races , you might love number one in the first race, but in the second race think number one, two, and three are really similar. Instead of guessing which of the three might win, you can play three combinations, , , You are making three bets so it costs more, but if one wins the first race and any of your three choices win the second race, you cash a ticket.
What Is a Pick 3? A Pick 3 is similar to a three-race parlay. You must select the winner of three consecutive races and you must get your picks for all three of those races before the first race contained in your parlay begins. The rules for horse racing parlays are generally consistent with standard parlays , but there are some key differences between them. Whatever the minimum wager is of your chosen sportsbook or track , you can bet that on one Pick 3, despite the fact that it is technically a parlay.
However, in horse racing, you can place a Pick 3 parlay bet that counts as one bet. Unlike standard sports parlays, which have pre-determined odds, parlay wagers in horse racing pay differently depending on the odds of various horses. A Pick 3 where each race is won by a longshot pays a lot better than hitting three straight favorites. What Is a Pick 5? If a Pick 3 is a three-race parlay, a Pick 5 is the five-race equivalent. It works exactly the same; you must pick the winner of five straight races before the first leg is run.
Each combination costs the same amount.
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