Horse Race Betting can be done through many various websites on the internet or at the track. Once you chose a place to bet, you are ready to get started online horse betting by making a selection of the type of bet and the amount you are gambling. The selection of your horse will depend on what odds are offered, so start by examining the odds being listed.
Once you have reviewed the odds there are a multitude of different types of bets you can place. Below is a list of some the most popular wagers in online horse betting. Most of these bets will be available at all sportsbooks, but ultimately the selection varies from sportsbook to sportsbook.
Some types of online horse betting include: Straight bet or Win bet. This is a simple bet on picking a winner at given odds. To win a straight bet your chosen horse must finish first; Place. A bet that you horse will place means you will collect if your selected horse finishes either first or second; Show. The show horse is the third horse across the finish line. A wager for your pick to show means you win if your selected horse finishes in the top three; Combination Bet. A Combination Bet covers from any combination of up to four horses to win in exact chosen order; Pick 3. This bet requires a selection of the winner of three consecutive races; Pick 6. This bet requires a selection of the winner of six consecutive races prior to the first race of the pick six. The pick six is different depending on the track. They can be either the first six races, the middle six races, or the last six races.
Some more types of bets include: Quiniela. A wager placed on two horses to finish first and second in either order; Perfecta or Exacta. A wager placed on two horses to finish in the exact chosen order; Trifecta. A bet placed on three horses to finish in the exact chosen order; Superfecta. A bet placed on four horses to finish in the exact chosen order; Daily Double. A bet selecting the winners of the first and second races on that day; Jackpot. Pick six winners in a total of six races to win a Jackpot prize. Jackpot rules and winnings can vary from track to track; Parlay. You make simultaneous selections on two or more races with the intent of pressing the winnings of the first win on the bet of the following race selected, and so on. To win a parlay every selection must win. . If a race is a tie, postponed or cancelled, your parlay is automatically reduced by one selection; Future. A bet on a raise to occur at a future event. You can get better odds on the favorites to win a race at the start of the season because of the uncertainty that may happen between the date of the bet and the event date; Exotic Bets. Betting on unusual events. Some sports books post odds and take bets on a wide variety of other sports related events and activities. Some examples could include wagers as to the first jockey to fall of a horse or odds on whether a horse will finish the race.
With a general understanding of the above bets you are now ready to make same cash betting on the ponies. And they’re off……