Rules on horse racing betting guide

Fractional bets can also be taken. It combines a few simple bet types onto a single ticket. The ticket will be a combination of wins and places, a boxed swinger and a boxed trifecta. Now to make your betting ventures more thrilling and to win in other ways, here are a number of multiple race bets focusing on winning horses.

Your task is to find a horse that wins each race or leg of the Double. To make the bet easier, you can choose more than one horse in each leg. Each combination will cost you R1 with a minimum bet requirement of R6. Harder to win than a Double but easier than a Jackpot. The Pick 3 can also be taken as a permutation and because there are only three legs the cost of the bet is easier to manage. Simply select a single runner to either win or place in a minimum of two and a maximum of six races at the same racemeeting.

Each dividend is automatically reinvested into the next leg. This is obviously harder to win than the Double, but the rewards are much higher. To make this bet easier to win you can take a permutation, where you select a number of horses in each race or leg. Each line of four horses would cost you R1 and again the minimum bet is R6. The cost per line of six horses in a perm is again R1 with the same minimum bet requirement.

To calculate the cost of a permutation for the Jackpot, Pick Six or the Place Accumulator, just multiply the number of horses in each leg by each other i. Double — First leg scratching or second leg scratching prior to the running of the first leg — full refund on scratched horse. Second leg scratching after running of first leg — replaced with Totalisator favourite. Any investment shall be carried forward to the next leg if any remain.

Taking a bet, no matter what size, is incredibly exciting. Give it a try!! Gold circle is a licensed betting operator. Play with your head and not with your heart. Whilst every effort goes into ensuring the accuracy of final field information contained on this website please refer to the official racecard to confirm information before placing your bets.

The rules and prizes will vary from race track to race track. Parlay or Accumulator. A multiple bet. A kind of 'let-it-ride' bet. Making simultaneous selections on two or more races with the intent of pressing the winnings of the first win on the bet of the following race selected, and so on. All the selections made must win for you to win the parlay. If a race is a tie, postponed or cancelled, your parlay is automatically reduced by one selection; a double parlay becomes a straight bet, a triple parlay becomes a double.

A parlay bet can yield huge dividends if won. A bet on a future event. At the start of each season, the sportsbooks give out odds for horses to win a certain event. The odds change as the race date approaches and in most cases get shorter, but if you win you get paid at the original odds that you took. This is possibly one of the most profitable bets if you have considerable knowledge of the race that you are betting on including the jockeys, and a good sense of judgement.

Exotic Bets. Betting on unusual events. Some sports books post odds and take bets on a wide variety of other sports related events and activities. A few others will take bets on just about anything you can think of. Proposition Bet or Prop Bet. An offer of bets at odds and conditions chosen by the sportsbook, usually on 'Exotic' bets. Some practical examples of betting and variations The Daily Double: You win if you pick the winner of the first and second race.

Your bet must be placed before the start of the first race. Quiniela: You win if you pick two horses that finish first and second, in either order, in any single race. If the results of the first two horses are either or , you win. Quiniela Box: Pick three or more horses. You win if any two of your selections finish first and second. If they finish , , , , or , you win. You can box as few as three or as many as the field. Perfecta: The Perfecta is similar to the Quiniela, except the two horses must finish in the exact order.

Straight Trifecta: Pick the first three horses to cross the finish line in exact order. To win your Key horse must win and the other two must finish either or Yankee: made up of four selections combined into eleven bets four trebles, six doubles and a four-horse accumulator.

Super-Yankee: as above, but five selections combined into a total of 26 bets ten trebles, ten doubles, five four-horse accumulators and a five-timer. Note: Different countries and different race tracks may have different rules, use different terms for how to bet and also for the types of bets. If unsure, ask the sportsbook or bookmaker when placing a bet. A breed of horses noted for their racing ability.

Purebred: Any animal descended from a line of ancestors of the same breed. Not necessarily registered. Note: A Thoroughbred is a purebred but a purebred is not necessarily a Thoroughbred. Back to top Great gambling information site Use the "Main Menu" on the right margin to explore this site.

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Whereas sports betting is essentially the sports book vs. Money for each wagering type i. The track takes out their administrative fees, and the remaining pool gets returned to winning bettors. Horse racing odds are fluid leading up to the race because they are dictated by the amount of money in the pools. Prior to every race day, a track official will release the morning lines. Those morning lines are a projection of where the odds for each horse will finish when the race goes off, and do not have any direct impact on potential payouts.

Using those morning lines as a starting point, as more money comes in on certain horses, their odds will go down. Horses that aren't attracting a lot of money in the win pool will have their odds go up. Those odds will remain fluid all the way up until the moment the gates open and the race begins. If you bet on a horse at 5-to-1 three minutes before the race and he goes off at 3-to-1, you're going to get paid based on those 3-to-1 odds.

Conversely, if you bet on a horse at 5-to-1 and he goes off at 8-to-1, you're looking at a nice increased payout. A Place Bet — Pays you back if the horse you select finishes first or second in the race. A Show Bet — You win your wager if the horse finishes the race first, second or third. Exacta — Correctly selecting the top two finishers in a race in the exact order of finish. Trifecta — Correctly selecting the top three finishers in a race in the exact order of finish.

Superfecta — Correctly selecting the top four finishers in a race in the exact order of finish. Daily Double — To win this wager, you need to select the winner of two consecutive races. The longer the streak, the better the payout. Backing the same as betting a horse to show means that you believe it will finish somewhere in the top three.

If it does, you will collect. It should come as no surprise that betting to place returns less than a successful win bet: You have, after all, effectively doubled your chances of collecting. Likewise, a show bet returns less than a bet to win or place. You collect nothing. The strategy of betting on horses to win, place or show is pretty basic and depends on your level of confidence and the odds on the runner you intend to back.

If you are confident that a certain horse will win a race, it is usually advisable to bet it to win and forego place and show bets to ensure that you adequately rewarded for your handicapping acumen. One exception would be if your horse is going off at long odds, in which case backup place and show bets can be considered. Win betting on horse racing takes discipline. You should not make a win bet, or any bet, in every race, for instance. Because payouts are diminished, some players use paylays — multiple race bets determined by the player — to increase their profit.

If that horse also wins, the entire amount could be wagered on a third horse in a third race, etc. Most horseplayers include such bets in their repertoire because they can return significant rewards for a relatively small investment.

The object in all these bets is to pick the winners of successive races, two in the Daily Double, four in the Pick 4 or six in the Pick 6, for example. To improve their odds of hitting multirace bets, most horseplayers use more than one horses in one or more of the races. In the second race, the player figures that the solid favorite will carry the day, but race three looks like a real grab bag so five horses go on the ticket.

In other words, you have 15 possible winning combinations on this ticket. The combination concept is important, as that allows you to calculate the cost of a ticket. When that happens, the payout can be expected to skyrocket. The object with these wagers is to pick horses in the correct order of finish: exactas top two finishers in order ; trifectas top three finishers in order ; superfectas top 4 finishers in order or Hi 5 top five finishers in order.

As with multirace bets, many players include multiple horses in these bets to improve their odds of collecting. But if you select the 1 horse, the 4 horse and the 7 horse, they must finish in that exact order or your ticket is a loser. By boxing the trio, you are ensuring that you will win if they finish in the top three, no matter what the order. Keying horses, on the other hand, means narrowing the field in some placings in order to be able to spread out in others.

For example, a player might decide to play a 10 cent superfecta in a race where two contenders appear to be head and shoulders the best in the field. By using those two horses in the top two placings, the player can use the remainder of the horses in the third and fourth slots, potentially triggering a solid payoff if the top two finish one-two and long shots come in.

Multihorse wagers usually work well when you have a horse you have faith in to win and can build tickets around that runner.

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Conversely, if you bet on a horse at 5-to-1 and he goes off at 8-to-1, you're looking at a nice increased payout. A Place Bet — Pays you back if the horse you select finishes first or second in the race. A Show Bet — You win your wager if the horse finishes the race first, second or third. Exacta — Correctly selecting the top two finishers in a race in the exact order of finish. Trifecta — Correctly selecting the top three finishers in a race in the exact order of finish.

Superfecta — Correctly selecting the top four finishers in a race in the exact order of finish. Daily Double — To win this wager, you need to select the winner of two consecutive races. The longer the streak, the better the payout. Box — When you box a wager, you are playing all of the possible combinations of a group of horses.

Morning Line — Set by a track handicapper, the morning line is a prediction of how the betting picture will look at post time. The morning line has no direct impact on payouts. The wonderful thing about horse racing is that you can make it as easy, or as complex as you'd like to make it.

If you do a multi-race wager i. You will know exactly what you stand to profit if the last leg of your multi-race wager hits. Must Watch Horse Racing Betting Videos Horse Racing Rules: How to Work With Tellers at the Track Technology has made betting on your computer or phone as easy as ever, but there's still a thrill to holding a paper ticket and collecting cash at the window. Wagering at the track can be intimidating for novice bettors.

Most tellers are happy to answer questions and assist you with the process…as long as you're not betting on the day of the Kentucky Derby or Breeders Cup. If you plan on visiting a track or off-track betting parlor to make your wagers on one of horse racing's busiest days, make sure you come prepared.

If your horse wins, the odds on the horse will determine how much you collect. You can read about how to calculate win payoffs here. Betting a horse to place means you think it will finish first or second. If either of those outcomes materialize, you will collect. Backing the same as betting a horse to show means that you believe it will finish somewhere in the top three.

If it does, you will collect. It should come as no surprise that betting to place returns less than a successful win bet: You have, after all, effectively doubled your chances of collecting. Likewise, a show bet returns less than a bet to win or place. You collect nothing. The strategy of betting on horses to win, place or show is pretty basic and depends on your level of confidence and the odds on the runner you intend to back.

If you are confident that a certain horse will win a race, it is usually advisable to bet it to win and forego place and show bets to ensure that you adequately rewarded for your handicapping acumen. One exception would be if your horse is going off at long odds, in which case backup place and show bets can be considered. Win betting on horse racing takes discipline. You should not make a win bet, or any bet, in every race, for instance. Because payouts are diminished, some players use paylays — multiple race bets determined by the player — to increase their profit.

If that horse also wins, the entire amount could be wagered on a third horse in a third race, etc. Most horseplayers include such bets in their repertoire because they can return significant rewards for a relatively small investment. The object in all these bets is to pick the winners of successive races, two in the Daily Double, four in the Pick 4 or six in the Pick 6, for example.

To improve their odds of hitting multirace bets, most horseplayers use more than one horses in one or more of the races. In the second race, the player figures that the solid favorite will carry the day, but race three looks like a real grab bag so five horses go on the ticket. In other words, you have 15 possible winning combinations on this ticket. The combination concept is important, as that allows you to calculate the cost of a ticket.

When that happens, the payout can be expected to skyrocket. The object with these wagers is to pick horses in the correct order of finish: exactas top two finishers in order ; trifectas top three finishers in order ; superfectas top 4 finishers in order or Hi 5 top five finishers in order. As with multirace bets, many players include multiple horses in these bets to improve their odds of collecting. But if you select the 1 horse, the 4 horse and the 7 horse, they must finish in that exact order or your ticket is a loser.

By boxing the trio, you are ensuring that you will win if they finish in the top three, no matter what the order.