Horse racing is one of the most popular betting sports around the world, with millions of viewers interested in it. There are races almost every day of the year! The popularity of this sport has already captured the attention on a large scale, and most of the matches are streamed live for the delight of the audience and the people who like to bet.
Horse racing betting options and odds
There are a bunch of options to bet on this sport. There are standard odds for a winner, a bet on a horse being top 3 or top 4 in the race, a bet on exactly what the top three horses will look like, and quite a few special bets.
- The most standard and most played strategy is to win. You just must guess which horse will be first, and you win. The one-for-place strategy offers the horse the chance to finish at least in the Top 2 at lower odds but also at lower risk.
- The so-called “Show” bet is for a place in the Top 3 at even lower odds.
- We can also talk about an “across the board” bet. This is a triple combination where you bet on win, place, and “show”. If your horse finishes first, you win the full amount. If it becomes a second, you win just a part of the amount, and if it becomes a third, of course, you win an even smaller amount. If you do not guess at all, you win nothing.
- There are also options for the more advanced. The Exacta bet gives you a chance to predict which two horses will be in the top two positions, and guess what? You win big.
- In the “Trifecta” you must guess the first three horses in the race. Reverse “Exacta” and “Trifecta” means you must predict the first pair or triple, no matter which horse is in the standings.
- For the true optimists, there is Superfecta, where you can try with the top four horses in the ranking according to you.
Different combinations in horse racing
One of them is Double Win, where you bet on the winners of two competitions. It is not easy, but it can earn you a lot of money.
The same applies to the Triple Win. Here, the accumulator leads every bet on more than three selections in the races. Accordingly, bookmakers offer various combinations with different systems for this purpose.
Trixie, Yankee, and Super Yankee are just some of them. You have the option to place double bets, triple bets, quadruple bets, etc. However, knowing is not easy, and you should have done your homework.
Horse betting tips and strategies
However, this remains the sport’s charm. There are extremely many betting options and combinations. You do not need to know all of them right away; rather, start with the simpler stuff and then move on to combinations. In our guide on best betting sites, we have included enough information and recommendations on the subject so you can choose the site to place your bet on.
Just like everything in online gambling, there is no guaranteed system for success. But with constant play and without greed, you can make a profit. You must be aware of all the trends and study the odds. You cannot get by without luck, but you must know the lingo and winners.