Different Types of Horse Bets Summarized

To enjoy gambling on horse races, and also to efficiently manage your wagering bankroll, then it's very important to comprehend the huge variety of horse racing wagers now available. Once limited to triumph, place, show, with a couple of exacta and daily doubles thrown in the mix, the wagering menus in all tracks have expanded greatly over the last ten years.

We now have an expanded menu including Pick 3 and Pick 4 wagering, and a horseplayer has to choose which betting pools to jump into when gambling horses online. Getting familiar with each of the different kinds of horse racing bets will make it more pleasurable and profitable.

The Exotic Wagers

Exactas -- Exactas stay one of the most popular of the exotic wagers. The wager entails selecting the top two finishers in exacta order. A frequent bet is a $2 exacta box of 2 contenders, along with the ticket is a winner if they finish in the top two positions.

A frequent exacta bet is boxing contenders, with a 2 two-horse exacta box costing $4, and also a three-horse exacta box costing $12. An exacta key is often a preferred wager, using one horse on top of many others if a horseplayer has a strong opinion on who will win a race.

Quinella -- A similar bet, although with a separate betting pool, involves quinella horse stakes. Together with the quinella wager, the payoff is identical no matter which horse wins the race, which differs from exacta betting.

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The Banker -- Choosing a winning horse while also choosing two or more horses to come from the top rankings

Superfecta -- Horse racing superfecta wagering has become popular in recent years, and involves a much tougher proposition for horseplayers: Selecting the top four finishers in a horse race. Hitting the superfecta is just one of the toughest exotic wagers to strike, but can often result in a massive payoff if there are two or three longshots in the mix.

A four-horse superfecta box could cost the horseplayer $24 for a 1 unit, with a five-horse superfecta wager costing $120.00. There are two ways to avoid digging deep to the wagering bankroll when playing horse superfectas. One would be to key a couple of horses at the win position, which gives a horseplayer more choices from the other spots. Another method is to play with the superfecta for under the $1 device. Most tracks now offer 10-cent superfecta wagering, meaning that five-horse box that price $120.00 for a $1 unit will cost just $12.00 to a ten-cent unit.

Daily Double -- This bet was the first exotic wager, and involves correctly selecting the winners of two consecutive races. Once limited to the first two races on the card, most tracks now offer "rolling doubles" meaning a new horse daily double bet starts in every race.

The Pick 3 -- Involves picking the winners of three consecutive races. It's not an easy bet to strike with a straight bet, but using several contenders in each race may cause a generous payoff when all three winners are chosen. Hitting a Pick 3 can be rewarding, particularly if a number of those favorites do not win. (See the daily double link above to get a broader look at Pick 3 gambling)

Pick 4 -- Similar to the Pick 3, just a horseplayer must pick the winner of four successive winners, no small endeavor. Most horseplayers will use multiple horses in nearly all of the races at the order, which requires a larger bankroll, but the payoffs can be huge.

Pick 6 -- This bet can have the racetrack buzzing, especially if the bet was not solved for many days and there's a Pick 6 carryover. Hitting the Pick 6 takes great handicapping and money management, together with a little luck. Having a lone winning ticket at a Pick 6 using a carryover can cause a score score.

The Horse Betting Options

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The Run for the Roses is the first jewel of thoroughbred racing's Triple Crown, which also contains the Preakness Stakes at Pimlico Race Course and the Belmont Stakes at Belmont Park. No horse has spanned the three races since Affirmed became the last Triple Crown winner in 1978. The yearlong championship in thoroughbred racing is the Breeders' Cup, which will be held in the fall at a different place every year.

Harness -- Harness horse stakes are very popular amongst horseplayers as most harness monitors race at night, giving punters which have a day job plenty of action in the evenings. The Meadowlands is among the most popular harness tracks among internet horse bettors, along with the Hambletonian at The Big M is one of the 3 stones of the Trotting Triple Crown, which also includes the Yonkers Trot at Yonkers Raceway, and the Kentucky Futurity, held at The Red Mile.

Quarter -- There is not any quicker action than quarter horse wagering, with the majority of races a mad dash on a straightaway in races that are usually 300 or 350 yards and begin to complete are less than 18 minutes. Los Alamitos is one of the most popular venues for quarter horse race betting. The California monitor is home to the richest race in California, the $2 Million Futurity, that is held every December.

The quarter horse Triple Crown is restricted to two-year-olds and consists of the Ruidoso Futurity at June, the Rainbow Futurity in July, and the All American Futurity on Labor Day.

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