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Horse Wagering

By: wponies

For many, a day at the track is wonderful. Even if you don’t have access to a racetrack or a way to watch horse racing on TV, horse wagering can make you some great profits. Many horse racers have won loads of cash by only spending a buck. Perhaps it was just beginners luck but for all intent and purposes you should familiarize yourself with how to bet before doing so. There are wagering options that you should know and be comfortable with like the Trifecta, Quinella, Exacta and many more.

Now in horse racing your wager is broken down like this: Win: This option is pretty apparent. 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 that’s 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: Unless there are only three horses in the race, there’s nothing wrong with coming in third. 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): If you think you know what horses will finish first and second then place an Exact. You must pick the exact order. If you pick a the number three horse to win and the number five horse to place and the race ends up being 5-3, you lose. To win, in this example, you need a 3-5 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 4 horse and the number 2 horse, you win if the order is 2-4 or 4-2.

Trifecta (also called a Triple): If you want to win a good sum of money, 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 whirl. When you bet the daily double, you are betting on the winner of two consecutive horse races—usually 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.

Article Source: http://www.article-voip.com

WinningPonies.com offers horse racing tips, including Horse Wagering, and a horse racing blog.

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