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Published: 18.02.2024

Types of horse betting

The basic types of horse racing bets are of course. Want to bet on horse racing, but find the bet types confusing? We explain straight and exotic bets, vertical and horizontal bets, boxed bets, and more! Learn the ins and outs of betting on horse racing from basics bets like win, place, and show, to exotics like the exacta, trifecta, superfecta, and more! The five types of exotic single-race bets that we'll cover are the exacta, trifecta, superfecta, hi-5, and quinella bet. Explore: All Up Bet | Double Bet | Duet Bet | Each Way Bet | Exacta Bet | First Four | Lay Bet | Place Bet | Quadrella Bet | Quinella Bet | Same Race Multi.
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Kentucky Derby Betting Calculator Learn how much your bet will cost and for Win bets, learn what your return could be. Bet Type. Win. Straight Bets in Horse Racing · Win: You pick the winner. Simple as that. · Place: This is hedging your bets that your horse will win first OR second. · Show. Types of horse betting HORSE RACING BETS FOR BEGINNERS · Win Bet – The easiest bet to make for beginners is a straight win bet. · Exacta Bet – Exactas are one of the easiest bets. Flexi-Quartet · Select four horses to finish first, second, third and fourth in the correct order. · Unit bet value of minimum $20 or 10% of the cost of full.

Bet Types Explained

What are the top 3 in horse racing betting? An exacta is the first two finishers in order (first place winner and second place), a trifecta is the first three finishers (first place winner, second place, and who shows), and a superfecta is a wager where you must identify the first four finishers of a single race in order correctly.

What are the methods of betting horses? Pick a horse and bet him to win (finish first), place (finish second) or show (finish third). This is a $2 base bet, and you can certainly bet more if you'd like. You can also bet the horse "across the board," meaning you have him to win, place and show — which is a $6 bet on a $2 base bet.

What is the best horse betting strategy? 1. The Dutching System. Arguably one of the most popular betting strategies to be adopted across horse racing, the Dutching system will see bettors place a wager on multiple horses competing in a single race, rather than just betting on one and hoping for the best.

What are the different types of horse racing? There are many types of horse racing, including: Flat racing, where horses gallop directly between two points around a straight or oval track. Jump racing, or Jumps racing, also known as Steeplechasing or, in Great Britain and Ireland, National Hunt racing, where horses race over obstacles.

What is the best type of bet in horse racing? I find handicap betting the best form of race to bet on because they are nearly always competitive races meaning competitive odds are offered. I also like the fact that it all comes down to a number. A horse's official rating and whether or not the horse is better than that rating.

What is the most profitable horse betting strategy? In conclusion, the most profitable horse racing strategy is value betting. It involves identifying discrepancies between a bettor's estimation of a horse's chance of winning and the odds provided by the bookmaker. By taking advantage of these apparent errors, bettors can maximize profits with higher chances of winning.

What are the different types of bets on horse racing? There are six bet types available at every course, every day with the Tote; win, place, exacta, trifecta, quadpot and placepot. So there are lots of options if you fancy your horse to place, but not to win.

What are the 4 different types of horses? The three categories of horses are ponies, light horse breeds, and heavy horse breeds. Ponies are typically small and stocky in size. Light horse breeds are working, racing, or riding horses. Heavy horse breeds are known as draught (or draft) horses and are known for their large size and strength.

A Guide to the Different Kinds of Horse Racing Bets

The Super Heinz is an impressive bets on seven horses in seven different races:. Again, a minimum of two horses must win to receive any type of payout. Only one selection must win for you to yield a return and there is the potential to receive a large payout. A Single Stakes About bet allows you to bet on two different events. These are combined to create two different bets derived from two singles.

You must make a minimum of your initial stake back to fund the second bet. Comprising two selections and two bets, this is similar to the above. You will need to win on the first part of the bet which will then fund the second part of the bet. This is a slightly more complex bet but still one of the popular types of bets in horse racing.

The Round Robin comprises 10 bets made up from three selections:. To add even more intrigue and excitement to the above bet, why not try the Super Flag. This bet comprises:. The Super Heinz Flag is perhaps not one of the most common betting types but worth a shot if you are feeling confident.

The bet consists of:. How about the ultimate Goliath Flag. The bet comprises:. Try something a bit different with the Union Jack bet. This comprises nine selections which are displayed in the shape of a Union Jack. Types of horse betting The bet is made up of eight trebles with one selection in the middle and eight selections around it. Each-way betting increases your chances of yielding a return if you fancy a horse in a race.

Half of your stake will go on the horse to win and the other half on the horse to place. Choose two horses to finish first and second in the same race and they must finish 1st and 2nd to receive a return. This type of bet consists of picking three or more horses in the same race. Two of the horses must finish first or second in any order for a payout. If you think three horses will finish first, second and third in a race you can bet on them to finish in that order.

If you fancy three horses or more horses in a race you can bet on each horse to finish first, second and third in any order. There must be eight runners in the race to place this bet. Matched betting is a technique used by bettors taking advantage of new customer offers and free bets to make a profit.

Matched betting is placed on both outcomes so you are guaranteed a win. A fun one for a day at the races. This allows you to choose six horses who you think will place in six races on the card. Photo: types of horse betting All horses must place for you to yield a return. If you are lucky and all six horses are placed, you will receive a share of the total pool. Pick six horses to win on the day at a specified meeting and if all six horses win, you will win a share of the pool.

Returns can be massive but this is a very tricky type of bet to win,. There is plenty more advice and guidance on betting and types of racing bets available to you here. Check out our other pages for information on:. Sign Up. Sign In. Free Bets. Mobile View. Full Results "; Fast Results ";.

This bet is like the Exacta but with one extra horse, so a basic Trifecta means selecting three horses in a race to finish first, second and third in the exact order. The Trifecta Key means nominating one of your horses to finish first but the other two to finish second and third in any order and of course you can add more horses in behind to this to increase your chances of success.

Much like the Exacta, you can place a Trifecta Part Wheel whereby you can have one or more horses in first position, one or more in second and one or more in third. The amount of horses you nominate for first, second or third is up to you so to figure out the cost simply multiply the number of horses in first position by the number in second minus 1, multiplied by the number of horses in third position minus 2.

Choosing four horses means 24 combinations, 5 horses is 60 combinations and so on, times by your unit stake. The Superfecta involves you picking the first four horses to finish in the exact order. You can place a Superfecta Part Wheel under the same rules as above or a Superfecta Key meaning you can nominate one horse as your "sure thing" combined with a number of horses to finish second, third and fourth.

This is because horse 5 has to win, so the only possibilities are , , , , and The more horses you nominate, the more combinations there are and the more you will pay to place the wager down. You can play a Superfecta Part Wheel with one or more combinations in each of the four positions using the same math as in the Trifecta Part Wheel but, given the huge combinations often involved with this bet, some tracks may offer the Dime Superfecta meaning your unit stake can be just 10 cents.

Boxing your Superfecta of course means a simple bet, but with lots of combinations depending on how many horses you choose to include. Four horses to finish in all available combinations has 24 possibilities and this quickly ramps up the more horses you add. Throwing in a fifth means combinations and a sixth would be so keep an eye on that overall ticket cost.

Placing a Pick 3 wager means picking the winner of three consecutive races. You are allowed once again to choose multiple horses though so as usual simply multiply the number of horses in each leg times by your unit stake. Much like above, the Pick 4 means betting in consecutive races but this time four of them.

It can be an expensive bet, but getting it right just that one time can mean a very attractive payoff. A Pick 6 is picking the winner of 6 races in a row. This is an incredibly difficult bet to get right but more pertinently the combinations involved are massive if you decide to choose multiple horses in each leg. The Pick 6 is a pool in which carryovers will be involved should there be no winner on a given day, with all the money in the pool added onto whatever is put in the following day or at the following meet with consolation costs taken out.

The consolation payoffs involved in the Pick 6 are for those having the most winners out of six if nobody hits the Pick 6 jackpot and there is even a consolation for hitting 5 out of 6 winners when the Pick 6 has been won by someone. These bets are mostly offered in California and it means if there are 9 races you need to pick the winner of all 9, 12 races you bet 12 horses and so on.

The math remains the same and even choosing only two horses in each leg of a race Pick All would mean combinations. All Collections. There are numerous ways you can bet at Bet. Written by Rob Earle. Straight Bets. Alaves vs levante prediction Win: Your horse must win for the bet to payoff.

Place: Your horse must finish first or second for it to be successful. Show: Your horse must finish first, second or third. Combination Straight Bets. Exotic Single Bets. Exotic Multiple Bets. Exotic Combinations.