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Straight Bets

There are many types of sports betting which includes football, cricket etc.

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Exotic wagers

Exotic wagers are fancier in comparison to straight wagers and also quite complicated since you place bets not on just one horse... Learn More
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Straight Bets

One of the simplest ways for wagering is by placing straight bets. ... Learn More
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Basic Concepts of Horse Racing Bets

There are many types of sports betting which includes football, cricket etc. Learn More

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Basic Concepts of Horse Racing Bets

There are many types of sports betting which includes football, cricket etc. In such matches, bettors place a bet on the players or the team. But one of the sports in which people place bets on animals is horse racing. In this, bettors believe in the capabilities of the horses. It is one of the most interesting and popular sport which can be very exciting for the spectators.

A person places bets not just for winning some money, but also for experiencing the thrill and excitement while watching a horse race. It has a very gentle way to wager since you do not strictly have to place a bet only for a horse to come first. If you place a bet on a horse to come second or third, even then you can win money.So, if you are looking forward to betting on horse racing, you must learn the basic terminologies and concepts related to this sport,to know more visit TopBettingSite.co.uk - Reviews.

Straight Bets

One of the simplest ways for wagering is by placing straight bets. This means that you are betting on the particular horse expecting it to strictly win the race. If the same horse fails to hold the first position but secures the second or the third position then you lose your bet. But you can have some chances to earn some money if you know certain concepts:

  • Across the board: Across the board means you can place three bets at a time. In this case, first bet will be placed for the horse to hold the first position, second bet will be placed for the horse to hold the second position and the third bet will be placed for the horse to hold the third position. Now, fortunately if this horse secures the first position then you will be paid for all the three bets. If it secures the second position then you will be paid for the two bets i.e. second and third. And if it secures the third position then you will be paid only for the third bet. This can be a great chance for winning a lot of money if the horse wins. And even if it comes third, you will not be losing all the money. At least, some amount you will get back from your investment.
  • In the money: If the horse secures either first, second or third position then it is known as the horse finished in the money.
  • On the nose: If you place a bet only for the horse to secure the first position then it is termed as on the nose.
  • Place: If a horse ends up securing the second position then it is said to place. So, in case if you are doubtful that the horse might not win, but you are confident enough that it can secure the second position, then you can make a place bet. And if luckily the horse wins, even then you will win money of the horse’s second position.
  • Show: If a horse ends up securing the third position then it is said to show. It is like place bet. Even if your horse wins the race, you will get the money of the horse’s third position.

Exotic wagers

Exotic wagers are fancier in comparison to straight wagers and also quite complicated since you place bets not on just one horse, which means it can be very difficult to win. But then the plus point is it pays you more than a straight bet.

  • Boxing:In boxing a bet, you will cover all the combinations that are possible for the horses to finish. For instance, since you are unsure about which horse will come first and which will come second, you can bet on both possibilities like if horse A secures first position and horse B secures second position or horse B secures first position and horse A secures second position.
  • Daily Double: In a daily double, you will place bets on two horses which are participating in different races but they both must win their respective races.
  • Exacta: This is the opposite of boxing. Here you need to place bet on the exact order of the horses you expect to win.
  • Pick 3: In pick 3, you will have to bet on three separate horses participating in separate races but all the three horses have to win their respective races.