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The following article was published in our article directory on December 11, 2015.
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Explaining the Different Types of Horse Racing Bets

Article Category: Recreation

Author Name: Tony Hammonds

A good way to enjoy with your family and friends is to bet on horse racing. In fact, you can see some kids enjoying themselves at many race tracks. You have a chance of winning a lot when you bet on horse racing, but you can also lose money if you are not careful. Before going to the race track, take some time to be familiar with the types of horse racing bets.

Win

This is the simplest type of bet because all you need to do is try to decide on which horse will win the race. However, the race track will establish odds system because certain horses have higher potential of winning over the other horses. For instance, you may not win a lot if you bet on a winning heavy favorite horse. On the other hand, you may end up winning quite a few times if you bet on a long-shot horse that wins. $2 is the minimum for most �Win� bets.

Place

One of the types of horse racing bets that is also a straight bet is called �Place.� This is similar to �Win� bets, but instead, your selected horse should place first or second. You will win the same amount whether the horse wins or finishes at second. While this bet has less risk, it also has smaller earnings.

Show

This is similar to the abovementioned bets, but your chosen horse only has to finish off in the first three spots. Since you have higher chances of selecting a winning horse, your reward will be lower. Most race tracks have a minimum of $2 bet as well.

Bets on Multiple Horses

There are also several ways on how you can place your bets on multiple horses. For instance, you can bet on the first and second placers, in exact order. This bet is referred to as �exacta�. On the other hand, you may also bet on the first two finishers, but not in order. This bet is called �exacta box.�

If you want to bet on three horses, you may do so through �trifecta� or �trifecta box.� If you bet for a �trifecta key,� you can bet on the winning horse and take a number of horses behind it. This means you are betting for one horse to be the top finsher, and the second and third placers will be two of the other four horses you bet on. You can also bet on four horses through �superfecta.� The key and box types of horse racing bets usually have a minimum of $1.

For the fearless sports gamblers, there are several options in betting. If you are a beginner, you may try betting on one horse. If you bet on multiple horses, this lowers the chances that your bet will win, but this also increases the earnings if you win. Advanced bettors may enjoy the potential rewards from the more complicated betting options. To have better chances of winning, you can research on the horses you feel like betting on.








Keywords: types of bets, types of horse racing bets, types of football bets, betting exchange, handicap betting, betting systems, bookmakers, ante post betting

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