Theres nothing more exciting, to many, that spending a day at the
track. Even if you dont have access to a racetrack or a way to watch
horse racing on TV, horse wagering can yield some great profits. Many
horse-wagering individuals have hit the big score with a bet of just
1. Before you can place your bets and start winning, you need to
know how to bet. In this article, we will go over some common horse
wagering options like the Trifecta, Quinella, Exacta and many more. In
just a couple minutes from now, you will be ready to hit the track
(even the virtual one) and stake your claim to the world of winning
racetrack betting.
Horse Wagering
Win: This option is pretty self-evident. You are betting the horse to
win the race. If you are correct, your ticket will be paid the Win
rate for the horse. This wager is technically called a Win Bet.
Place: Sometimes even the best horses finish second and thats what it
means to place. If the horse you pick comes in first or second, you
are paid the Place rate. This wager is technically called a Place
Bet.
Show: Theres nothing wrong with coming in third, unless its a three
horse race. If your horse comes in first, second or third, you are paid
the Show rate. This wager is technically called a Show Bet.
Exacta (also called a Perfecta): Think you know what horses will finish
first and second? If so, place an Exact. You must pick the exact order.
If you pick a the number four horse to win and the number five horse to
place and the race ends up being 5-4, you lose. To win, in this
example, you need a 4-5 finish.
Quinella: This bet is like an Exacta in that you select the two horses
you think will finish first and second. However, unlike the Exacta, the
order does not matter. If you select the number 5 horse and the number
6 horse, you win if the order is 5-6 or 6-5.
Trifecta (also called a Triple): If you want to win a good deal of
cash, potentially, for a small 1 or 2 wager, the Trifecta is for you.
When you bet a Trifecta, you are betting on the exact horses that will
finish first, second and third. The order matters with this bet. If you
are unsure of the order, but just know the three horses that will Win,
Place and Show, you can box the bet. When you box a bet, you are
betting all possible combinations. There are six combinations to any
three-horse Trifecta.
Daily Double: If you have a good eye for picking winners, give the
daily double a spin. When you bet the daily double, you are betting on
the winner of two consecutive horse racesusually the first and second
race of the day.
Pick Six: This bet could be a pick 6,7,8 and so forth. When you place
this bet, you pick the winners of all the races. As you can imagine, it
has a very nice payoff when you win.
You are now up to speed with some common horse wagering options. The
only thing left to do is to visit an online race book and make some
winning bets. Horse wagering is a fun, and addictive, activity. The
Internet is full of great horse wagering articles, tips and websites.
Placing your horse wagers at an online race book is a great way to keep
in the action and its extremely convenient too.
