Horse Bets You Can Make

Typically people bet horses to win, place, or show, but other types of bets do exist and can be very exciting.

Win, Place, and Show

"Win" is a bet where one bets their horse to win and if it does win then one will collect on the bet which is the most simple type of a bet. "Place" is where one bets their horse to finish second. The difference with a Place bet is that one will win if the horse finishes first or second, but a second place finish would be a larger payout. "Show" is where you bet a horse to finish third. Like before, one will win if the horse finishes first, second, or third with third paying out the largest amount.

Some other easy types of bets include Across the Board and Win-Place. Across the Board is when one bets their horse to win, place, and show so if the horse finishes in the top 3 then the bettor wins. Win-Place is just like it sounds and it is when the bettor bets the horse to win or place so if the horse finishes in the top 2 positions then the bettor collects.

Exacta, Quinella, Trifecta, and Superfecta

Some more complicated types of betting include exacta, quinella, trifecta, and superfecta. Exacta is when the bettor bets two horses to finish first and second in the "exact" order. For instance, betting a 6-7 would mean that the 6 horse must finish first and the 7 must finish second. Some skilled bettors will double their bets so that the horses could finish in either order (6-7; 7-6).

Quinella is a broader exacta as the better will bet two horses to finish first and second where order is not important. For example, a $5 bet on 4-5 would be a winner if the 4 finished first or second as long as the 5 finished first or second as well. Quinella generally pays out less than an exacta due to the fact that more options exist for the bettor to win.

Trifecta is where the bettor will bet 3 horses to finish first, second, and third in exact order. Once again veteran bettors will cover all situations by betting 6 times their original wager. This means that on a $2 bet on 2-4-6 horses they would need any combination as long as they were in the top 3. The $2 bet would end up costing $12, but the pay off could be very large. If the better did not spend the extra money then the horses would need to finish exactly 2-4-6. By covering all the outcomes it will allow for some error while costing a little more.

A superfecta is the hardest to achieve as the bettor will bet four horses to finish first, second, third, and fourth in exact order. There are 24 different combinations here so if the bettor wanted to cover the spots in any order he would have to pay 24 times his original bet.

Betting on Multiple Races

Another form of betting includes betting numbers for multiple races. For example a Daily Double includes the first two races and last two races of the day. In this case, the bettor would try and pick the winner of two consecutive races. Pick 3, Pick 4, and so on follow the same idea of picking winners for a set number of races. These bets can be hard to score on, but the payouts are quite large.

Common Horse Bets	Horse Betting Systems
Horse Betting Tips	Horse Betting Terms
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