Horse Racing Betting Basics

Horse racing betting can be one of the most exciting types of betting.

Instead of having action just once on a sporting event, you can have horse betting action numerous times throughout the day. Horse racing betting offers great excitement that occurs over and over throughout the day. Let’s consider the basics of horse racing betting.

Horse racing betting begins with the win, place and show bets. These are very simple to understand. Betting a horse to win is simple to understand. Betting to place on a horse is wagering that the horse will finish either first or second in horse racing betting. A show wager in horse racing betting is taking the horse to finish first, second or third. Another type of wager includes the win, place and show bet. It is three separate wagers and is called “across the board.”

Other wagers on a single race include the exacta where you are picking the exact order of the first two finishers in horse racing betting. A quinella is picking the first two finishers in the race where either horse can win. The trifecta is picking the exact order of the first three finishers of the horse racing betting race. The superfecta is picking the exact four finishers of the race. Many times a gambler will box horses together to try and include multiple horses in these wagers. The gambler may also key a horse to other horses in these exotic horse racing betting wagers. Wheeling is using a single horse with all of the rest of the horses in horse racing betting.

The multi-race exotic wagers in horse racing betting begin with the daily double. This is where you are trying to pick the winners of the first two races or the last two races of the day in horse betting. The pick three is where you are trying to pick the winners of three straight races in horse betting. The pick four is picking four consecutive winners in races selected by the track in horse racing betting. The Pick six is picking six straight winners in the races selected by the track in horse betting.