Horse Racing Bet Types
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Horse Racing Bet Types EXOTIC BET TYPES VideoLearning Horse Racing Handicapping : Bet Types
If it finishes second you collect on the place and the show. If it finishes third you only collect on the show bet. Example: When you bet across the board the first thing to bear in mind is that you are placing three individual bets.
The optimal time to go for this bet type is when your handicapping points toward an outside competitor. If the odds price matches your hunch i.
They can reap huge profits, although they do require a more strategic approach and considerably more know-how. Exotic wagers are typically used by more experienced punters with a more sizeable bankroll as they can, very often, require you to lay out a fair sum of money in order to guarantee a profit.
A tricast Bet sometimes referred to as a trifecta is where you bet on three horses that you think will finish in first, second and third position in an exact order.
This can become pricey if you use several horses, however pay-outs are sizeable if the selections come good. A reverse tricast, sometimes referred to as a combination tricast, is a variation of a tricast bet where you wager on which horses you think will reach home in first, second and third in any order.
This will increase the cost of your bet significantly as you are covering several different combinations, each of which is considered as a separate bet.
Example: The cost of a reverse tricast is normally a little pricier than a normal tricast. Box trifectors can be broken down as follows:.
Place This is a bet on a horse coming first, second, or third. Show This is a bet on a specific horse coming first, second, third or fourth.
A common bet at US bookmakers. Each-Way This is a bet on a specific horse coming first, and an equal size bet on it placing.
Exacta or Perfecta This is a bet on the exact order of first and second. Fixed Odds is a set price at which the Win portion of a bet will be paid at the fixed price as determined by the bookmaker.
The below bet types are known as exotic bets and include Quinella, Exacta, Trifecta, Quadrella, First 4 and Super 6. Quinella dividends are calculated by the amount of total money in the pool at race end and a dividend is then declared after the race is run.
A Box Quinella allows the ability to choose as many runners as you like from the same race, however two of the selections must place First or Second in any order.
It also costs you more for your initial outlay as there are more runners. The Standout Quinella is when you specify a group of runners that you think may come first, and a group that may come second, specifically in that order.
Exactas traditionally pay more than Quinellas but they are also harder to win as they have to run 1st and 2nd in order.
The formula for calculating the cost of an exacta box is horses in box x horses in box minus 1 x dollar amount of bet.
As you can see the cost of the exacta box increases greatly with each additional horse. To receive a winning pay out, the order of finish would need to be one of the following combinations.
To calculate the cost of a trifecta box, simply multiply the number of horses you would like to box say 8 , by that number minus one 8x7 , and by that number minus two 8x7x6 , and then multiply it by your bet amount to find the number of combinations.
If any three of your selections fill the first 3 placings then you would win the bet. A runner selected to finish first a standout is combined with two or more other runners to finish second and third in any order.
You can also standout a single runner to finish second or third if you wish. This bet allows you allows you to still specify the number of runners you wish to back, but you can also specify what amount you would like to invest based upon your budget.
You want to box 5 horses in a trifecta. There are four different types of First 4 betting - Straight, Box, Standout and Multiple First 4 bets.
Straight First 4 Requires selection of the first four placings in a race in the CORRECT order. Box First 4 This bet allows your selections to finish first, second, third and fourth in ANY order.
Boxing four selections gives you 24 combinations with which you can win a First 4 bet type. Standout First 4 One runner is selected to finish 1st a standout , and is coupled with three or more runners to finish second, third and fourth.
Multiple First 4 A multiple First 4 is where two or more runners are selected to finish 1st, with a number of other runners to finish 2nd, 3rd and 4th.
A Big 6 bet type involves selecting the winners of six nominated races nominated as legs of the Big 6 for a particular meeting.
Pick all six winners across the six races and you win the Big 6 dividend. As with the First 4, flexi betting is available for the Big 6, allowing you to add as many runners as you like to suit your betting budget.
Naturally, the possible combinations are much higher, and more expensive, than a First 4, especially with a Big 6 running across six races.
A Quadrella requires you to pick four winners from four races nominated by a TAB at a race meeting. A place bet is a bet type where the bettor selects a runner to finish in the first 3 placegetters.
Exotic bet types involve a combination of results either in the one race or in multiple races. Examples of single race exotics include: quinella exacta, trifecta, first four and duet betting.
There are also different permutations of these bet types like a box trifecta and a box quinella. A box exacta is where the bettor can select any number of horses to finish 1st or 2nd and the runners can finish either 1st or 2nd.
Similar to a quinella the order for 1st and 2nd is not important. A trifecta is a bet type whereby the bettor selects horses to finish 1st, 2nd and 3rd in correct order.
A box trifecta is a type of trifecta bet where the bettor selects a number of runners 3 or more to fill the 1st, 2nd and 3rd places.
The first four is a bet type where you must select runners to finish, 1st, 2nd, 3rd and 4th in correct order.
Multiple race exotic bet types include: daily double, treble, quaddie and the big 6. A daily double is a bet type that combines two single bet types over two horse races.
Both horses must win for the bet to be successful. A treble is a betting type whereby the bettor must select the winner of each of the three nominated treble races.
A quaddie is a betting type whereby the bettor must select the winner of each of the four nominated quaddie races.
The big 6, or straight six, is a bet type whereby the bettor must select the winner of each of the 6 nominated big 6 races. There are also different bet types for sports betting.
These include: fixed win, line betting, margin betting, lay betting, multi bet and live betting. Fixed Odds are the current fixed price for an event at any given time.
Line betting is a form of betting whereby the bookmaker handicaps a team by setting a margin, which effectively makes the game equal. This margin is referred to as the line.
Margin Betting is a form of betting whereby the bookmaker breaks up the number of possible outcomes by adding a margin.As mentioned previously, the TAB Ard Fernsehlotterie Los one of the largest and most distinguished wagering operators in the country and have been so for a long period of time. Sites such as Unibet, Ladbrokes and Coral regularly update their racing promotions. Zaga Rising Cities Global Sportsbook offers a user friendly sports betting, online casino and horse betting interface for clients to quickly navigate through the site. TAB online betting is quite seamless and you can also bet on the go by using their app.