What are the most common types of horse race betting?

Posted by Fareedkhan on March 26th, 2020

Horse race betting is one thing that has gone on for the longest time now. The only thing that has changed about it in recent times is that you can now place your bets online. You do not actually need to visit the racecourse to look at the horses and then place the bets. The betting websites and apps make it all easy for you. You can simply log on to any such app or website and get the information you need to place the bets. Given below are the most common types of horse race betting.

Win Bet: The betting wager that gets placed on a particular winner of a specific race, and you will only get the dividend if the horse finishes first. The minimum betting amount is set in this case.

Forecast: The bets get placed on two choices to be in the first and second-place finishers in a race in your chosen order.

Quinella: Two choices are betted on in combination with the first and second-place finishers in one game in any order.

Place: This betting wager needs the choice of finishing among the first, second, or third-placed horses in one race at a time when eight or eleven runners are there. It pays for only finishing second or first when the runners are few in number. The horse placed fourth will also be useful when more runners are there.

Second Horse Pool: This bet is all about selecting a particular horse to get the second place in a race. You will lose the wager if the horse comes second, wins the race, or gets any other position on the charts.

Jackpot: The wager is all about selecting the horse betting winners for five different types of races. Getting the first four names right, but failing on the last one, will still get you a consolation amount.

Super Jackpot: The wager needs to choose the horse betting winners for six different types of races. Getting the first five names right, but failing on the last one, will still get you a consolation amount.

Bar Bet: This is a unique kind of bet where you wager that any other horse rather than the favorite will win the race. It is like betting that the favorite will lose. Any horse that wins the race gets you a good dividend. You can know more about it at boyleSports horse racing.

If you were under the impression that betting on horse races is all about placing the wager on the horse that will win, then you cannot be farthest from the truth. Horse races have all kinds of bet, as you know now.