Games Review Blog

If you are interested in horseracing, you have almost certainly thought of placing some bets yourself on your favorite horses. Horserace betting has been around for a very long time now and it’s something which everyone can get in on. However, before you risk your own money on the outcome of a race, you should learn a little more about the different kinds of horseracing bets – this will help you to make bets which are more consistently winners.

The idea behind betting on horses is simple enough – the winner takes it all. However, there are different types of horseracing bets, which fall into two broad categories: straight and exotic bets. To learn more about how these bets work and placing well considered wagers, read on!

WIN BETTING – In win betting, you make your wager on a certain horse coming in first; if they do, you collect the payoff.

PLACE BETTING – you place a bet on your horse to finish in the second (place) position. If your horse finishes first or second, you may cash your ticket. The payoff of such a bet would not be as much as payoffs of win betting but there are more chances of you being able to cash your ticket.

SHOW BETTING – In show betting you bet on a horse coming in at show position (third place). If your horse comes in at first, second or third place, then you can collect on your bet. You won’t win as much as you would from a win or a place bet, but your chances of winning are even better.

WIN PLACE BETTING – In a win place bet, you bet on a horse taking the first or second position. If the horse you have bet on comes in at first place, you will get the win payoff as well as the place payoff. If your horse is in place position, then you get the payoffs for place and show. While you’ll of course want to see your horse come in as a winner, you will make some money whether they place first or second.

ACROSS THE BOARD BETTING – Betting on a horse across the board means your horse has to either come first, second or third. Should your horse come in first, you get all three payoffs – win, place, and show. Should it come in second, you may collect two payoffs – place and show. However, should your horse come in third, you would only be able to collect the show payoff. Here even if your horse doesn’t win, you have a chance of recouping some part of your initial bet.

Exotic bets have two sub-categories – intra-race bets and multi-race bets. Intra race bets allow you wagering on multiple horses on individual races. And multi-race bets allow you to predict the winners of consecutive matches on one single ticket.

When you know how the different kinds of bets work, you’ll be prepared to try your hand at horserace betting. It’s a game of chance, of course, so you can win or lose – never bet more than you are comfortable with losing. If you know how things work and have solid information though, you’ll do better at placing some winning bets. There’s no time like the present to get started, so get to the track and make your wagers today!