Oct 25

Quick Betting An Introduction to Betting On Horses

Betting has become a widespread industry that has spiked in popularity over the recent years. Betting on sporting events in particular has become one of the most popular forms of wagering. For novice participants, you should remember to check out some betting tips online. One form of betting that can be ambiguous is betting on horses. Here are some betting types that you should learn about, and some useful information for effective betting tips:

Win Wagers
Online betting tips talk about the basic types of wagers, and the win is one of them. It’s simple: if you want to be a winner, the horse that you have selected must stand first. Most tracks have this at $2.00 at minimum.

Place Wagers
This is another simple type of wager, and involves the horse finishing either first or second. This is also placed at a minimum of $2.00 at most tracks.

Show Wagers
Other online betting tips say that this wager dictates that your horse must at least finish first, second, or third in order for you to gather your winnings. This is usually at a minimum of $2.00.

Exacta Wagers
This bet involves playing two horses. These two horses must come in first and second consecutively and in the exact order so that you may be allowed to collect. At most tracks, this is a $2.00 wager at minimum.

Exacta Box Wager
The player plays two horses in this bet, but the horses in the exact box wager should come in first and second in either order so that you may collect. These are considered combined multiple wagers, and are often set at $1.00 wager at minimum.

Trifecta Wager
The trifecta wager involves playing three horses. These horses must come in first, second, and third position exactly in the same order you placed them so that you can collect. This is placed at $2.00 at minimum for most tracks.

Trifecta Key Wager
The trifecta key wager involves playing three horses. You are to choose one horse to take the first place (key horse), and the other two horses that are in second and third can come in any order so that you may collect. If you want to play with more than two horses then only second and third position will be required. You can win the wager only if your selected horses could finish in second or third position. These are also considered combined multiple wagers, and are charged at a minimum of $1.00 per wager.

Superfecta
Superfecta involves waging on four horses. In order to choose these horses, the respective positions will be required i.e. first, second, third and then fourth. This wager usually comes at a minimum of $2.00.

Superfecta Box
This also plays four horses. However, they can finish first, second, third, and fourth in any order. Since these are also considered multiple wagers in a combination, these usually come at $1.00 minimum at most tracks.

Happy betting and may the odds be in your favor!

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