For those that don't know, the idea behind betting on horses is to out wit or beat the odds makers or bookies and win some money! Not only can you win some money, but simply betting on a horse race or a big event that you already love, will make the whole experience more exciting. Any time you can combine something you like with the opportunity to win money, you have every reason to be excited. To place a bet on the horse races you'll likely have to go through a sportsbook, if you are betting in the United States or a bookmaker, if you are betting in the United Kingdom. When you bet on a horse race you'll typically betting on the outcome of a particular horse race or sporting event.
To place your bet you'll likely get on the Internet as that is where a good deal of the sportsbooks are found these days. You may also be able to call in your bets as several sportsbooks still have telephone services available, though they do most of their business on the Internet. You'll state what you are betting on, as in what horse, and then you'll name the amount of your bet and the type of bet you are making. Your selection of horses and types of bets will depend on what race you are betting on, what horses are racing, and what betting varieties you are given. Some sportsbooks offer a whole host of betting opportunities, while others only offer the ability to in a few different ways.
When you want to bet on horses you'll have a few different bets to choose from such as the straight bet or single bet or win bet. This is the most common type of bet for the horses because you bet on a winner at stated odds. You collect your winnings if the horse you chose crosses the finish line first. You can also choose to bet on place, which means that you will collect your winnings if the horse you have chosen finishes the race in either first or second place. You can bet show, which means that the horse you bet is the first, second, or third horse across the finish line.
You can always opt for a combination bet, which is a combination of two to four horses to win in chosen order. You can also choose to Pick 3, which will require the bettor to pick the winners of three consecutive races. Some racetracks offer a rolling pick 3, which is when the bettor is required to pick three races, and it continues for the next three races. You can also Pick 6, which is when a wager requires the player to select the winner of six consecutive races before the first race begins. Some racetracks allow the Pick 6 to be the first six races, while others offer carry over pools for the Pick 6 that can win people millions of dollars.
In the United Kingdom there are several other types of bets that can be chosen from such as the Quiniela or the Reverse Forecast, which is a bet placed on two horses that predict that they will win first and second place, in either order. There is also the Perfecta or Exacta or Straight Forecast, which is a bet placed on two horses that cross the finish line in an exact order. There is also the Trifecta, Tricast, or Treble Forecast, which is a bet placed on three horses that will cross the finish line in the exact order that they are given in the bet.
There is also the Superfecta, which is a bet placed on four horses to cross the finish line in the exact order that was specified in the bet. You can also choose the daily double, which is where you select the winners of the first and second races on the day the bet is placed or a date specified. The Daily Double only needs to be bet on before the first race starts.
The Jackpot is a fun way to go about betting on horses, as it requires the bettor to pick six winners of six different races to share in a jackpot prize. Each racetrack has its own rules, prizes, and regulations that apply to the Jackpot bet. The Parlay or Accumulator is a multiple bet, also known as a "let it ride" bet. This is where a bettor makes two or more simultaneous bets on two or more races with the intent of pressing the winnings of the first win on the bet of the following race, and so on! All of the races must be won for the earnings to keep multiplying, but it can mean huge winnings for the talented and the lucky!
A bettor can also choose from a future bet, which is where a bettor simply bets on a future event. At the start of each racing season many sportsbooks give out the odds for horses to win a certain event. This is a risky bet if you don't have all of the knowledge to back up such a bet, but it can be a very profitable bet if you know what you are talking about, as you will win the original stakes that you bet upon, even if they get shorter as the date of the race approaches.
As you can see, horse races have quite a few different types of bets for you to choose from, making the horses an easy place to start betting if you aren't already somewhat experienced. Horse racing is fun to watch if you've bet on them because you will be pulling for your horse to really do it's best, or simply do what you know he or she is capable of doing. Betting can bring a whole new element of excitement to horse racing, even for those that haven't had a long-term love affair with the big, beautiful animals. You can find many different tipsters web sites where people give advice on what races to bet on.
