• How To Bet On Horses
• What Are The Different Types Of Horse Bets At A
• What Are The Different Types Of Horse Bits
• Types Of Horse Bets List
• What Are The Different Types Of Horse Bets

To enjoy betting on horse races, and to effectively manage your wagering bankroll, it is important to understand the wide variety of horse racing wagers now available. Once limited to win, place, show, with a few exacta and daily doubles thrown in the mix, the wagering menus at all tracks have expanded greatly over the last decade.

1. Exacta/Perfecta/Exactor: One of the simplest single-race exotic bets, the Exacta is the combination of predicting the winning horse and the second-place horse, in order. This will pay more than betting either of the horses to win or place.
2. A Goliath consists of 247 bets involving 8 selections in different events. The bet includes 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds and an eight-fold accumulator. A minimum of 2 of your selections must be successful to get a return.

How To Bet On Horses

We now have an expanded menu including Pick 3 and Pick 4 wagering, and a horseplayer has to decide which betting pools to jump into when betting horses online. Getting familiar with all of the different types of horse racing bets will make it more enjoyable and profitable.

An each way bet is effectively two bets in one, with a £10 each way bet costing £20 and £10 of that going on the horse to win, with £10 on it to “place”. The each way terms will vary according to the type of race and the number of runners, as well as the bookie, with many betting sites having offers of enhanced each way terms for big. Like any type of gambling, there are different horse betting types depending on the race taking place. Please refer to this page for the different horse betting types accepted at our racebook. Common horse betting types are to win, place, show, exactas, quinellas, daily doubles, trifectas, superfectas and pick 3.

The Exotic Wagers

Exactas – Exactas remain one of the most popular of the exotic wagers. The bet involves selecting the top two finishers in exacta order. A common bet would be a $2 exacta box of two contenders, and the ticket is a winner if they finish in the top two positions.

A common exacta wager is boxing contenders, with a $2 two-horse exacta box costing $4, and a three-horse exacta box costing $12. An exacta key is often a preferred wager, using one horse on top of several others if a horseplayer has a strong opinion on who is going to win a race.

Quinella – A similar wager, although with a separate betting pool, involves quinella horse bets. With the quinella wager, the payoff is the same regardless of which horse wins the race, which differs from exacta betting.

Trifecta – Horseplayers looking for a bigger score may want to look to trifecta wagers, which involves selecting the exact order of the top three finishers in a race and while it is harder than hitting an exacta, the payoffs can be much higher. A popular way to bet the trifecta is to box three contenders, which for a $1 unit would cost $6. A four-horse trifecta box would cost $24.

The Banker – Choosing a winning horse while also choosing two or more horses to come in the top positions

Superfecta – Horse racing superfecta wagering has become popular in recent years, and involves a much tougher proposition for horseplayers: Selecting the top four finishers in a horse race. Hitting the superfecta is one of the toughest exotic wagers to hit, but can often lead to a huge payoff if there are a couple of longshots in the mix.

A four-horse superfecta box would cost the horseplayer $24 for a $1 unit, with a five-horse superfecta wager costing $120.00. There are two ways to avoid digging deep into the wagering bankroll when playing horse superfectas. One is to key one or two horses in the win position, which gives a horseplayer more options in the other spots. Another way is to play the superfecta for less than the $1 unit. Most tracks now offer 10-cent superfecta wagering, meaning that five-horse box that cost $120.00 for a $1 unit would cost just $12.00 on a ten-cent unit.

Daily Double – This wager was the first exotic wager, and involves correctly selecting the winners of two consecutive races. Once limited to the first two races on the card, most tracks now offer “rolling doubles” meaning a new horse daily double bet starts in each race.

The Pick 3 – Involves selecting the winners of three consecutive races. It is not an easy wager to hit with a straight bet, but using several contenders in each race can lead to a generous payoff if all three winners are selected. Hitting a Pick 3 can be lucrative, particularly if several of the favorites do not win. (See the daily double link above for a more in-depth look at Pick 3 betting)

Pick 4 – Similar to the Pick 3, only a horseplayer has to pick the winner of four consecutive winners, no small task. Most horseplayers will use multiple horses in most of the races in the sequence, which takes a bigger bankroll, but the payoffs can be huge.

Pick 6 – This wager can have the racetrack buzzing, particularly if the wager was not solved for several days and there is a Pick 6 carryover. Hitting the Pick 6 takes good handicapping and money management, along with a little luck. Having a lone winning ticket in a Pick 6 with a carryover can lead to a life-changing score.

The Horse Betting Options

Thoroughbred – There are three different breeds of horses, with thoroughbreds the most popular among online horse bettors. The betting action starts early in the year, with promising three-year-olds prepping in major stakes around the country trying to earn enough graded earnings to get to the Kentucky Derby on the first Saturday of May.

The Run for the Roses is the first jewel of thoroughbred racing’s Triple Crown, which also includes the Preakness Stakes at Pimlico Race Course and the Belmont Stakes at Belmont Park. No horse has swept the three races since Affirmed became the last Triple Crown winner in 1978. The year-end championship in thoroughbred racing is the Breeders’ Cup, which is held in the fall at a different venue each year.

Harness – Harness horse bets are popular among horseplayers as most harness tracks race at night, giving punters that have a day job plenty of action in the evenings. The Meadowlands is one of the most popular harness tracks among online horse bettors, and the Hambletonian at The Big M is one of the three jewels of the Trotting Triple Crown, which also includes the Yonkers Trot at Yonkers Raceway, and the Kentucky Futurity, held at The Red Mile.

Quarter – There is no quicker action than quarter horse wagering, with most races a mad dash on a straightaway in races that are usually 300 or 350 yards and start to finish are less than 18 seconds. Los Alamitos is one of the most popular venues for quarter horse race betting. The California track is home to the richest race in California, the $2 Million Futurity, which is held each December.

The quarter horse Triple Crown is restricted to two-year-olds and consists of the Ruidoso Futurity in June, the Rainbow Futurity in July, and the All American Futurity on Labor Day.

Different Types Of Horse Racing Betting

Horses have not only captured the imagination of humans for thousands of years, but have also provided entertainment and wonder both in watching them run and placing bets on which horse will be the fastest.

In Australia, there are three main types of horse racing that one can bet on; flat racing, jump racing, and harness racing.

Flat Racing

By far the most popular of all three types of races for fans of sports betting NZ, flat racing consists of a number of horses running various lengths on either a grass or dirt track.

Although in other countries, you will find more than one breed of flat racers, in Australia the only horse that participates is the thoroughbred.

Thoroughbreds of various ages and experiences can compete in a number of different classes or grades.

From maidens where all the young horse’s debut, to black type races which the whole country stops to watch, flat racing captivates and showcases only the best equine athletes around.

Betting on flat races is one of Australia’s oldest past times, and is still incredibly popular among both professionals and amateurs.

On big race days such as the Melbourne Cup, the entire county comes to a standstill to watch the rippling muscle and glossy coats as some of the world’s best horses battle it out.

Jump Racing

Although slightly less popular than flat racing and only available in certain states, jump racing is none the less as exciting to watch if not even more. Longer tracks are set with huge fences and deep ditches that the horses have to navigate at a flat-out gallop. Also run by thoroughbreds, these races are nail-biting to spectate and loads of fun to bet on.

What Are The Different Types Of Horse Bets At A

The horses in jump racing are usually older, more experienced and incredibly talented at what they do. The race type was originally based on British fox hunting where horses gallop across country, jumping brushes and fences on the way.

Jumps betting can be done both on the tracks and online. Since not all states offer this type of racing, it may be a bit difficult to get to an actual track, making online betting the better option.

Harness Racing

The only race type in Australia that does not use thoroughbreds. Standardbreds are the breed of choice, being hardier and requiring less downtime than the rather finicky thoroughbreds. Although harness racing is still about speed, it requires a different talent than both flat and jumps racing which is where the stockier standardbred comes into the picture.

Harness racing is typically done on an oval dirt track of about 1000 meters long. The position is very important in harness racing, as the outside horse has to cover more ground than the inside horse, which usually gives it a distinct disadvantage.

In this type of racing, the horses have to perform at one of two specific gats. Trotting or pacing are both variants on a horse’s normal jog but have been refined and accelerated for the purpose of harness racing.

What Are The Different Types Of Horse Bits

Horses are not allowed to break into a canter or a gallop, and run the risk of being eliminated should they do. Each horse pulls a small carriage called a sulky that is driven by a driver.

Types Of Horse Bets List

Although not as exciting to watch as flat or jump racing, harness racing is none the less very popular in many town and cities in Australia.

What Are The Different Types Of Horse Bets