All variations of Basic Horse Racing bets stem from the premise that you will receive payouts based on the first, second, third and fourth place finishers.
Types of Bets in Horse Race Betting. There are many different types of bets you can wager your money on in horse racing, the simplest being the winner. Basically, you just put your money on a horse and if it finishes the race first, you get the money. Being the simples, it’s also the most popular type of bet in horse racing betting. The Specialised Bets. These types of horse racing bets are a little bit harder to find but can be a great way of trying something new when you sit down to bet on the horses. In the world of horse racing betting, an Exacta Bet is when you bet on which horse will finish first and which will finish second. Types of Horse Racing Bets. As with other sports that you might bet on, horse racing bets range from the very simple and straightforward to the very complicated and exotic. While I recommend you start with the simpler types of bets, you can work your way up to the more. Types of horse racing bets. Tom Law 07:51 Jul 18th, 2018 101 Horse Racing. Racetracks offer multiple betting options that give horseplayers plenty of options on how to bet the races. The types of bets available on racing can be broken down into two categories – straight wagers and exotic wagers. For information on basic types of bet such as win, each way, lay, place and doubles, see lesson on Types of Bet. For Tote bets visit the appropriate lesson visit the appropriate lesson here. Horse Racing Multiple Bets. Punters often try and increase their chances of a big payout by combining two or more selections in a bet.
Win Bet - You win by selecting the horse that finishes first (to win).
Place Bet - You win by selecting the horse that finishes first or second (to place).
Show Bet - You win by selecting the horse that finishes first, second or third (to show).
Accross the Board Bet - You are wagering on a horse to Win, Place and Show. You receive one ticket for all three wagers. If your horse wins, you receive Win, Place and Show payouts; if your horse finishes second, you receive Place and Show payouts; and if your horse finishes third, you receive the Show payout. This type of bet might also include any two or three horse combinations of win, place and show bets such as win/show, win/place or place/show.
Exotic Horse Racing Bet Types
Quinella - You win by selecting the first two finishers, in any order, in a designated race.
What are the las vegas odds for winning the super bowl. Exacta - You win by selecting the first two finishers, in exact order, in a designated race.
Trifecta - You win by selecting the first three horses in the exact order of finish, in a designated race.
Superfecta - You win by selecting the first four horses in the exact order of finish, in a designated race.
Daily Double - To win, you must select the winners of two designated, consecutive races by placing the wager before the first of the two races.
Different Types Of Horse Bets
Pick-3 or Pick-4 - To win you must select the correct first place finisher in each of the races that make up the Pick-3 or Pick-4 ticket.
Types Of Horse Bets
Pick-Six - To win you must select the correct first place finisher in each of the races that make up the Pick-Six ticket.