For many centuries already, betting on horse racing has been a firm favourite pastime for millions around the world. There is nothing quite like the rush of watching horses race down the backstretch with your pony pushing up the outside and making a last-minute stretch for the lead. While the betting scene itself is split between watching the event in-person and watching online live streams, the excitement remains the same regardless of how you choose to take in the end result.
There are several different kinds of horse racing bets that one can place. Let’s take a closer look at some of the most popular ones below.
Win, place, show
Win, place, show bets are amongst the simplest horse racing bets that one could possibly place. With each bet, one needs to pick a horse and if it finishes in the correct position, you win. If you bet on a certain horse to win, they simply need to win the race in order for you to win your bet. On the other hand, a place bet is designed for players to bet on a horse that finishes either first or second, but the bettor will not win extra should their horse come first. A show bet refers to any bets placed for a horse to finish anywhere within the first three spots.
Exotic bets are for races where bettors place a wager on more than one outcome. This allows for bets to be placed on more than one https://usamobilebetting.net/horse/ to win. When it comes to exotic bets, different parameters and conditions will be put in place. These must be met in order for you to win your bet. The different types of exotic bets can be found below:
- Quinella: This refers to a wager placed on two horses in the same race to finish in either first or second place. It does not matter which order the horses place in, as long as they come in the top two spots.
- Exacta: An exacta bet is quite similar to a quinella. However, the main difference between the two is that it does matter which order your two horses finish in. You have to predict which horse will place first and which will place second, and if you choose correctly, you will win.
- Trifecta: The trifecta bet is quite similar to the exacta bet, but with one difference. Instead of picking the top two spots, you will need to pick horse to finish first, second and third. Each horse will need to place in your exact order for you to win the bet.
- Superfecta: The superfecta bet is very similar to the trifecta but requires a greater degree of knowledge. Instead of picking just the first, second and third spot horses, bettors need to pick the top four horses in the race. The horses will also need to place in that exact order for you to win your bet.
Daily double: A daily double bet is simple to understand. It requires you to pick the winners of two consecutive horse races.