What are the horse betting terms?
EXACTA: A bet picking the 1st and 2nd place finishers in a race. TRIFECTA: A bet picking the 1st, 2nd and 3rd place finishers in a race. SUPERFECTA: A bet picking the 1st, 2nd, 3rd, and 4th place finishers in a race. DAILY DOUBLE: A bet picking the winners of two races, usually two consecutive races.
What are the different types of horse bets?
Let’s explore a baker’s dozen of the most common bet types in horse racing:
- Standard wagers.
- Single-race (vertical) exotics.
- Exacta Bet.
- Quinella Bet.
- Trifecta Bet.
- Superfecta Bet.
- Super High 5.
- Multi-race (horizontal) exotics.
How do you bet on horses for beginners?
For a beginner, I recommend sticking with straight wagers. They’re simple and cheap. You simply pick one horse to come in first, second, or third. The minimum bet at most tracks for a straight wager is just $2.
How do you read horse racing bets?
In the money – A horse that finishes first, second, or third. Across the board – A bet on a horse to win, place, and show. If the horse wins, the bettor collects three ways; if second, two ways (place, show); and if third, one way, losing the win and place bets. It’s actually three bets.
What do betting terms mean?
Action – A bet or wager. Against the spread – The result of a game including the point spread. Bad Beat – A bet that looks like the bettor is going to win but doesn’t. Book (Sportsbook) – An place where someone can bet on the outcome of sporting events. Buck – A $100 bet.
What is the safest bet in horse racing?
Playing It Safe “Straight” bets are your least complicated option and they’re the safest. These involve wagering that your horse will win, place or show, meaning that he’ll come in first, second or third, respectively. If you wager on him to win and he does indeed win, so do you.
What is the best type of bet in horse racing?
The safest bet in horse racing is an each-way single bet. A single bet means you do not need multiple horses for you to receive a return for your bet.
What is a key bet in horse racing?
A ‘Key Box’ bet includes all possible combinations of selected ‘key’ horse(s) when combined with other ‘non-key’ horses in a box bet. For Example, a $1 Trifecta Key Box: 1/2, 3, 4 This Key Box wager would cost $18.
What’s the vig meaning?
/ (vɪɡ) / noun. US slang the interest on a loan that is paid to a moneylender. GOOSES.
What is a parlay in betting?
A parlay in sports betting is when a bettor makes multiple wagers (at least two) and ties them together into the same bet. If any of the bets in the parlay loses, then the entire parlay loses. However, if all wagers win, then the bettor gets a bigger payout.
What is horse racing betting?
Updated October 01, 2018. Horse racing involves a somewhat boggling collection of colorful phrases and terms for putting your money down on a horse and hoping to come away with a lot more money when the horse wins. Racing can also provide a comparatively gentle way of wagering—you don’t have to bet that the horse will come in first.
What is a straight bet on a horse?
“Straight” bets are the simplest form of thoroughbred wagering. Strictly speaking, placing a straight bet means that you’re wagering on the horse to win—period. If it finishes second by a nose, you’ve lost.
What does in the money mean in horse betting?
In the money: A horse finishes in the money if it comes in first, second or third. On the nose: You’re betting the horse to win only. Place: A horse is said to place when it finishes second. You can make a place bet it you think it probably won’t win but that it won’t be too far behind the first-place horse. You’ll win if you’re right.
What is a show in horse betting?
Show: A horse that comes in third is said to show. A show bet works much the same as a place bet—you’ll collect the horse’s third-place winnings if it comes in first, second or third. A winning horse will pay the most on bets that it will finish first.