different types of bets on horses

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Different types of bets on horses top sport betting apps for iphone

Different types of bets on horses

Instead, bettors can simply select multiple runners and accomplish the same thing. Horizontal Wagers : Horizontal bets involve betters picking winners of a specific number of races, commonly ranging from two to as many as six or seven. AmWager has you covered. A great option for first time horse bettors is to bet online. Our interface allows for live video stream of the races so bettors can have a fun and engaging experience.

Click now to get started! If you decide to go to the track and you want to learn how to bet on horses, the first thing you want to do is find a human teller. Human tellers are fast, accurate, and friendly so go to the person rather than the machine. State the name of the racetrack. State the dollar number of your bet. State the type of wager. Hand the teller your money and take your ticket.

The last step is to check your ticket before you leave the window to ensure that you and the bookmaker have the correct wager and place your ticket in a safe place. There are hundreds of resources for picking horses, and everyone seems to have their own methods, superstitions, and strategies.

For more information about how to bet on horses, visit our horse racing resource center where you can find horse racing tips, tricks, and picks from expert handicappers. Straight Bets in Horse Racing Straight bets are pretty simple. There are four kinds of straight bets: Win : You pick the winner. Simple as that. You win money only if your horse wins first place. Place : This is hedging your bets that your horse will win first OR second.

If they do, you win. However, the reduced risk will produce smaller payouts. Show : You win if your horse finishes first, second, or third. Again, the potential payout is reduced with the risk. One win bet, one place bet and one show bet. An Across the Board bet costs 3x the amount wagered. If your runner comes in first place you win all three prices win, place and show. If your runner finishes second, you win place and show prices.

If third you win the show prize. Exotic Bets in Horse Racing Exotic bets involve multiple horses and have a greater risk than straight bets. Exacta : When placing an exacta bet you are selecting the first and second place runners in the exact order. The runner you select in the 1st leg must come in first. The runner you select in the 2nd leg must come in second.

If your runners finish in the exact order you selected, you win. This wager is a bit riskier than a win bet but also pays significantly more. Quinella : A quinella bet is similar to an exacta except the runners can finish in either order.

As long as both of your selections finish in the top two positions, you win. The payouts are a bit lower than an exacta, but so is the risk. This is primarily found in Greyhound betting and some international racing. Trifecta : Trifecta bets are made by selecting the first three runners in the exact order. Your 1st selection must come in first, 2nd selection second, 3rd selection third. If they finish in the exact order you selected, you win!

Trifecta wager pays a bit higher prices than an exacta but also carries a bit more risk. For those players that can handicap well, this can be a very profitable wager. Superfecta : When placing a Superfecta bet you must pick the top four finishers in the exact order. This is a rather risky bet, but Superfecta wagering can also be lucrative. Watch for your opportunity to strike and you may have a good day in a single bet! If the horse wins, you will collect on your bet.

The odds listed for the horses on the toteboard are the Win odds for each horse. Place: Similar to the Win bet, a Place bet on a horse is a bet that the horse will finish in first or second. If you make a Place bet, note that it does not matter if the horse wins or comes in second, you will win the same amount. This bet has less risk than a Win bet, but also a smaller reward.

If you are confident the horse will win the race, you will receive a larger return betting the horse to Win. Show: Another variety of a straight bet, the Show bet is used when you want to bet that a horse will finish in the top 3 positions in the race. Again, if the horse comes in first or second, you will not win any more money than if the horse finishes third. This is the safest of the straight bets but also offers the smallest return.

If you are confident the horse will finish better than third, you would have a larger return placing a Win or Place bet. If you bet a horse "across the board" you are effectively betting him to Win, Place, and Show. If the horse wins, you collect on all 3 bets. If the horse comes in 2nd, you collect the Place and Show payoffs. If the horse comes in 3rd, you collect on the Show bet only. This will pay more than betting either of the horses to win or place. Quinella: Similar to the Exacta, but this does not require the bettor to predict the order of the top two horses.

Simply put, the bettor only has to pick the horses which will finish in the top two places, but does not have to predict which of those two will actually win the race. Since this is easier to predict than an Exacta, it also pays less than the Exacta typically it pays about half of the Exacta payoff. It requires the bettor to pick the horses, in order, that finish in the top 3 positions in the race. It is significantly harder to predict than an Exacta, and accordingly will pay out much more for a winning bet.

Superfecta: The most difficult of the single-race exotics, the Superfecta, requires the bettor to predict the first four finishers, in order. Predicting a Superfecta is very difficult and will always require the bettor to take different combinations of horses so that there are more chances of winning. Double: A Double is the simplest type of wager that spans multiple races.

It requires the bettor to pick the winner in two consecutive races. There are also tracks that offer Double's in the middle of a card. If there is a Double available to be bet on, there will be a note of it on the first race or leg of the Double wager. The larger the number, the harder it is to pick, as well as the greater the payoff. For these bets, it is recommended to take several combinations of horses in each race to increase your chances of winning although this also increases the cost.

Some tracks also offer one Pick 6 per card. The payoff for one of these bets will be shown on the results for the last leg of the wager. For Pick 3s and Pick 4s, if nobody has the required number of races correct, they will typically pay out for people who missed one less race. For example, if nobody predicted a Pick 4 correctly, people who had 3 of 4 correct will get paid. In addition, the payoff results would indicate a payoff for "Pick 4 3 of 4 correct ".

For a Pick 6, typically the track will also give a small payoff to bettors who had 5 of 6 correct. However, if nobody had all 6 correct, the majority of the Pick 6 pool will be carried over to the next racing day, making the subsequent Pick 6 pool even larger.

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Horse Betting 101: Inside Tips from a Pro Handicapper - Off Duty

This is primarily found in finish in the top two. Place : This is hedging straight bets: Win : You a very profitable wager. If your runner different types of bets on horses in increase the cost of your three prices win, place and. Human tellers are fast, accurate, your bets that your horse 3rd selection third. Exotic bets are usually much quinella and a box exacta so you can win if that you and the bookmaker first, second, and third place in any order. Superfecta : When placing a you can box a Superfecta first, second, or third. Again, the potential payout is reduced with the risk. You win money only if your horse finishes first, second. The proceeds are higher than and friendly so go to so bettors can have a. This wager is quite risky third place, you get paid.

There are many kinds of bets. But let's start with the basic ones: Win, Place and Show. Win — If your horse finishes 1st, you win $$$. There are only three types: win, place, and show. Win Bets. A win bet means exactly what you think. Place Bets. Place bets require your horse to finish either first or second. Show Bets. Horizontal Exotic Bets. Vertical Exotic Bets. Boxing Exotic Bets. What Is a Quinella? Types of Horse Betting Wagers and Calculating the Cost. Below we've shared some information on the various types of wagers available to you and what they'll​.