These horses must finish first and second, in that order, for you to win the wager. If picking two horses in order sounds too difficult, you can "box" your wager. A boxed wager will win if your horses finish 1st and 2nd, in any order, making it more likely for you to win. Trifecta Bet The trifecta adds another layer of complexity, requiring you to pick the top three finishers in the correct order. The minimum bet amount is often 50 cents.
If you've mastered the art of win, place and show wagers, try a trifecta. A trifecta is more difficult than win, place and show wagers, as well as exacta wagers, so it yields a higher payout than any of those bets. These horses must finish first, second, and third, in that exact order, for you to win the wager.
If picking three horses in order sounds too difficult you can "box" your wager. A boxed trifecta wager will win if your horses finish 1st, 2nd, and 3rd, in any order, making it more likely to win. The superfecta is a challenging wager to hit, so the minimum wager amount at many tracks is just 10 cents, allowing bettors to play many combinations on small budgets.
Then the Super High 5 is the bet for you. At some tracks, if no one manages to hit the Super High 5, the wagering pool carries over to the next race on which the Super High 5 is offered, providing a jackpot prize for the next round of winning players to split.
The minimum wager amount varies. Multi-race wagers can be a fun way to maintain a rooting interest throughout an entire afternoon of racing. Double Also known as the Daily Double, this bet requires horseplayers to select the winners of back-to-back races. As with the Pick 5, many Pick 6 wagers award a jackpot bonus to any player skilled enough to craft the only winning ticket.
This additional concession is offered because of the large number of runners in the race maximum Occasionally other handicap races with large fields numbers of runners receive the same treatment from various bookmakers, especially if they are sponsoring the race. Each portion is treated by the totalizator as a separate bet, so an across-the-board bet is merely a convenience for bettors and parimutuel clerks.
In addition to straight wagers, "exotic" wagers offer bettors an opportunity to incorporate the placement of different horses in one or multiple races. The two broad types of exotic wagers are horizontal and vertical. Horizontal exotic wagers are bets on multiple horses in one particular race, while vertical exotic wagers involve predicting results across multiple races. Both have specific options for which bets are available and are detailed below. In the most basic horizontal wager, an exacta , the bettor selects the first and second place horses in the exact order.
Picking the first three finishers in exact order is called a trifecta and a superfecta refers to the specific finishing order of the top four horses. Boxing is a tactic that increases the odds of winning an exotic wager by removing the need to choose the exact order. A quinella , which boxes an exacta allowing the first two finishers to come in any order and still win , is the basic box, but boxing can be applied to the trifecta and superfecta as well.
In a sense, a win bet can be thought of as a specific type of wheel bet. Vertical bets are spread over different races. A daily double is an exotic wager placed on the winner of two consecutive races. Picking the winner of three, four, five or six straight races is referred to as a pick-3, pick-4, pick-5 and pick-6 respectively.
Betting exchanges[ edit ] In addition to traditional betting with a bookmaker, punters bettors are able to both back and lay money on an online betting exchange. Punters who lay the odds are in effect acting as a bookmaker. The odds of a horse are set by the market conditions of the betting exchange which is dictated to by the activity of the members.
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CAN YOU BET ON HORSES ONLINE
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JACKPOT! Biggest Horse Betting Hit on Youtube! Captured LIVE as it Happens! Turning $4.80 into $16kMain article: Glossary of bets offered by UK bookmakers Gamblers awaiting the result of a horse race at the Hippodrome de Vincennes in Paris In North American racing, the three most common ways to bet money are to win, to place, and to show.
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If the horse wins, the bettor collects three ways; if second, two ways place, show ; and if third, one way, losing the win and place bets. Morning line — The odds that the track handicapper predicts a horse will go off at. Ready for the Next Step? Exotic bet — Any bet other than win, place, or show that requires multiple combinations.
Examples of exotic wagers are exacta, trifecta, Pick 6, Pick 4. Daily Double or Double — Type of bet calling for the selection of winners of two consecutive races. Exacta — A wager in which the first two finishers in a race, in exact order of finish, must be picked. Box — A betting term denoting a combination bet whereby all possible numeric combinations are covered for certain horses. Exacta box — A wager in which all possible combinations using a given number of horses are selected. For example, an exacta box using horses 2,4,6 would produce a winning ticket if any two of those three horses finished first and second, regardless of the order , , , etc.
Quinella — Bet in which the first two finishers must be picked in either order. Trifecta — A bet in which the first three finishers must be selected in exact order. Trifecta box — A trifecta wager in which all possible combinations using a given number of horses are bet upon. Pick 6 or other number — A type of multi-race bet in which the winners of all the included races must be selected.
Chalk — Betting favorite in a race. Should that exact combination come in, you win the bet and the payout will usually be great. Some bettors will build trifecta bets with multiple horses in a race. For example, you can pick a couple of horses that you think have a good chance to finish either first, second or third. You can use those entrants as your main horses and then add on other horses underneath to finish second or third.
For example, if a bettor likes No. That means, Nos. Trifecta Box Like with exactas, bettors can also box their trifecta bets. Meaning, if you select three horses and they finish in any order, you win the bet. Superfecta This wager is like the exacta and trifecta, but the bettor is picking the exact order of finish for the top four runners in a particular race. Although not as popular as exactas or trifectas, some punters enjoy the high-reward nature of superfecta bets.
Obviously, picking four horses to finish in the exact order is nearly impossible, so the odds for superfecta bets can get quite high. Superfecta Box Like with exactas and trifectas, punters can also box their superfecta wagers, which means that your horses can finish 1,2,3,4 in any combination to win. Why exotic wagers are popular One reason that bettors enjoy exactas, trifectas and superfectas is it allows them to have some money on longshot horses without needing them to win.
Vertical Wagers Daily Double This type of bet requires the bettor to correctly pick the winner in back-to-back races. Daily doubles are not offered for every race on a card, but most places have plenty of them on any given day. This bet is quite hard to win and can get expensive, but the payouts can be very large if you catch the right horses in the wager. It is another bet where punters can get exposure to horses at big prices.
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