Exacta bets are similar to place bets in the idea that you are trying to predict first and second place. The difference is that with exacta bets, the bettor must pick the top two finishers in the exact order in which they finish that particular race. Similar bets known as a trifecta wager and a superfecta wager, follow the same guidelines as an exacta bet, however, they include the top third and fourth place horse. This means that the better must not only select the correct top three and four horses to finish the race, but they must also select the correct order in which they finish.
Also known as an exacta box, quinella bets are much more rare. These are not as commonly bet on or available because they are based on the selection of two horses finishing in first or second. Therefore if you select the two horses in which you believe are the best, if they both finish in the top two, no matter the order, you will win the bet. This is a less risky bet because you have a higher chance of winning it since it is not as focused on the order in which each horse finishes, rather the selection of the top two horses.
A double bet refers to the combination of selecting the winner of two races in a row. This horse selected can be different, but in order to win a double bet the better must select the horse that finishes first one race after another consecutively. Therefore, the competitors of the two races are different, so it is very hard to win this bet, putting the value of the payoff on the higher end of horse bets. Technically there is no single best bet that an individual can make in horse racing.
That being said, show bets are a great place for those that are just getting into horse racing betting and aren't willing to lose a ton of money. For those that are more experienced, both win wagers and double wagers are much more difficult, but therefore can provide the better with the highest monetary returns. Horse racing betting can be done either in person at a race or online. No matter the location you choose to bet from, there are a variety of straight and exotic bets that can be made on any race.
That being said, all horse racing betting is based on the actual horse races themselves and the rankings at the end of each race. Horse race betting as a category does not have any particular name or phrase to it. Horse Race Betting How to Bet on Horse Racing. Horse Betting Terms. Horse Racing Odds Explained. Horse Racing Bet Types. Betting the Triple Crown. Handicapping Horse Speed.
Kentucky Derby. Belmont Stakes. Preakness Stakes. Breeders' Cup. But understanding how to read horse racing odds is actually simple. Odds are the return you can expect to get if the horse you bet on is successful. It reflects the amount of money bet on a horse; the more money that is invested, the shorter the odds.
When horse racing odds are shown in the form of , , etc, it expresses the amount of profit to the amount invested. Betting Explained Wager with confidence Read. Picking a Winner. Learn how to spot a confident horse, how favourites are chosen and how to read the form. Flat Racing. Find out more about the races, rules and regulations in the lucrative sport of Flat racing. A Day at the Races. Find out what to wear, what to do and what to expect from the action at the races.
Learn about the daily lives, balanced diets and training regimes of the mighty racehorse. Understand odds and demystify the different types of bets you can make in racing.
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