Win Place Show bets are commonly called straight wagers and are the most traditional in horse racing. They are lower risk bets compared to exotic wagers like Exactas and Trifectas. These wagers are a good place for the novice horseplayer to jump in. But remember, you only collect the Show payoff. Many experts consider playing a horse to Win to be the best bet in horse racing.
When it comes to horse racing, you will find that traditional bets, also referred to as straight bets, are the most straightforward bets you can make. The three traditional bets that you will come across in horse race betting are a win bet , a place bet and a show bet. Each of these traditional bet types comes with its own set of rules and payout structures, and you will need to understand each of them before you can even think of placing a bet on a horse racing event.
Thankfully, we created a comprehensive article to teach you everything you need to know about all three traditional bet types. We will include detailed explanations for each bet type, along with examples, and provide valuable information on how you can calculate the payouts for each of these traditional bets.
Win bets, place bets and show bets in horse racing are basically traditional bets, or straight bets , that you can make on horse racing events.
These traditional bets are considered the most popular types of bets and also the most straightforward. If you want to place a traditional bet in the United States , you will come across win, place, show and across-the-board bet types.
However, when you bet from other regions around the world, you will find a win, place and each-way bet type. When you make a straight bet in a horse racing event, you are essentially betting on a single horse to achieve an outright win or to place in a specific order in the race. Using win, place and show bets will not provide a massive payout when compared to exotic bets.
However, traditional bets do make it very simple to bet on horses, especially if you are new to the world of horse race betting. Win, place and show bets provide the most simplistic and straightforward betting opportunities in horse racing and are the easiest to understand, especially when you are a newcomer.
When you choose a win bet in horse racing , your selected horse needs to win the race outright. This means that, for you to receive a payout, your selected horse can only finish in first place. When you choose a place bet, your selected horse needs to finish in the top two positions. If your selected horse finishes third with a place bet, you will lose your stake. When you choose a show bet, your selected horse needs to finish in the top three positions for you to receive a payout.
Each of these straight bets offer different odds and payouts, depending on the event and the likelihood of your selected horse winning the race. In this section, we are going to provide a detailed explanation of each traditional bet type and include an example to give you a better understanding of how each these straight bets work the next time you find yourself at an online sports betting site, or wanting to place a bet at the track. Wheel and Partial Wheel: A Wheel means to take the entire field in one leg of a wager and a partial wheel is taking a given number of horses in one leg of a wager.
The Daily Double is a really popular bet in which you are tasked with choosing the winner of two consecutive, pre-selected races on a racecard. You can choose do place a Daily Double Part Wheel , increasing the number of horses to give yourself a better chance of success. This bet is also sometimes known as a Perfecta, depending upon which track you are betting at, and it involves choosing the first and second horses home in the correct order.
This sort of bet is not as simple as it sounds as so often in horse racing even when a hot favorite wins there can be a surprise outsider filling second place, though the harder the bet is to get right the bigger the payoffs will be. Once again you can play an Exacta Part Wheel in which you choose more horses to increase your chances of success, but always remember that by doing this you are also increasing the total cost of the bet.
This is a technique some bettors use when they firmly believe one particular horse will win the race but the field is wide open for second place. Many players wagered this way on Justify in both the Preakness and the Belmont Stakes in due to him being perceived as a lock while the rest of the field were fighting to get into the money. You can switch this bet around, naming various horses first and a solid choice for second but this is risky.
In terms of how you select this bet, a Quinella is essentially an Exacta Box under a different name. You choose two horses to finish first and second in either order but without the unit stake having to change or be worked out, i.
Some sharp-eyed horseplayers keep an eye out on the probably payoffs for both the Quinella and Exacta Box just to see if there is any slight advantage to one or the other before deciding which one to place. To work out the cost, use the same calculations as the Exacta Box and the divide the total in half.
This bet is like the Exacta but with one extra horse, so a basic Trifecta means selecting three horses in a race to finish first, second and third in the exact order. The Trifecta Key means nominating one of your horses to finish first but the other two to finish second and third in any order and of course you can add more horses in behind to this to increase your chances of success.
These days with bets such as this, wagering online will mean your combinations and your potential total cost will be worked out for you so simply enter the horses you wish to bet and a unit stake to see your total bet amount appear before you click go. Much like the Exacta, you can place a Trifecta Part Wheel whereby you can have one or more horses in first position, one or more in second and one or more in third. The amount of horses you nominate for first, second or third is up to you so to figure out the cost simply multiply the number of horses in first position by the number in second minus 1 , multiplied by the number of horses in third position minus 2.
Choosing four horses means 24 combinations , 5 horses is 60 combinations and so on, times by your unit stake. This is where you need to be either a real pro, a well-informed insider or just very lucky! The Superfecta involves you picking the first four horses to finish in the exact order. You can place a Superfecta Part Wheel under the same rules as above or a Superfecta Key meaning you can nominate one horse as your "sure thing" combined with a number of horses to finish second, third and fourth.
This is because horse 5 has to win, so the only possibilities are , , , , and This site uses Akismet to reduce spam. Learn how your comment data is processed. Join our mailing list to receive the latest news and updates from our team.
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