Our goal is to help you understand how to bet on horses, different types of bets that can help you win big and how to enjoy your experience in the process. Types of Horse Racing Bets: Straight Bets and Exotic Bets. Horse betting is what makes this event one of the most popular sports in the world. And knowing how to bet on horses can keep you coming back for more. Horse bets can be put into one of two categories; straight bets and exotic bets. Straight Bets are the simplest of horse racing wagers and are, very often, the go-to bet-type for beginners. They require less risk, less experience and skill, less funds, and are generally far easier to secure a return. Although you may feel tempted to start experimenting with some of the more exotic wagers right from the off, at this stage we advise sticking with straight wagers where you only bet on one horse and things are kept nice and simple. Exacta/Perfecta/Exactor – One of the simplest single types of horse racing bets is the exotic wager. The Perfecta is the combination of predicting the winning pony and the second place pony, in order. The proceeds are higher than wagering either of the ponies to win or place betting options. The types of bets available on racing can be broken down into two categories – straight wagers and exotic wagers. Straight wagers are win, place and show and at most racetracks the minimum bet is $1. Players that bet to win will collect a payout only if the horse wins the race. A Lucky 63 is a bet featuring six selections and 63 bets, including: six singles, 15 doubles, 20 trebles, 15 fourfolds, six fivefolds and one sixfold. Super Heinz The Super Heinz is a bet on seven selections taking part in various events consisting of 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, seven sixfolds, and a sevenfold accumulator which totals a huge 120 bets. For instance, if a horse rated 90 carries 9st 8lb, a horse rated 88 will carry 9st 6lb. Handicap races are often restricted to a specified ratings band, for example 0-90. The highest rating a horse can have in a Flat handicap is 110; beyond that, they would have to compete in Group and Listed races. Some of the handicaps are highly valuable and ... The different types of horse racing bets and their names. The difference between straight bets and exotic bets. The difference between horizontal and vertical horizontal bets. The difference between straight and boxed bets. There are a multitude of horse racing bets you can make, but let’s get started with the basics. There are two main types of exotic bets: vertical and horizontal. Vertical refers to bets that are placed on a single race (e.g. Exacta, Trifecta, Superfecta), while horizontal are those in which you’re betting consecutive races (e.g. Daily Double, Pick 3, Pick 4). Other popular betting methods on horse racing include multiple bets, parlays, and exotics, all of which will be explained in our betting markets section below. Horse Racing Picks . Our industry expert tipsters will give out free horse racing picks and horse racing selections on all of the top domestic and international equine action. With horse racing taking place almost every day, there is ... Horse Racing & Its Bets. When you bet on horse racing, there are two broad categories: Exotic Wagers; Straight Wagers; Exotic wagers are horse racing bets that give you the freedom to bet on many horses with one wager. This means your profit potential is more. That said, they are much more complicated than straight wagers. If you do not have knowledge of horse racing or don’t have the skill for it, exotic bets can turn out to be very expensive for you.
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