There are few more popular sports to bet on throughout the year than horse racing. Millions of fans bet on the sport throughout the season, while even novice bettors are attracted to the sport when the biggest race days are staged.
We see annually that fans that don’t follow racing throughout the season are attracted to horse racing to make bets when huge events such as the Grand National and the Kentucky Derby come around. You can check here a list of all the major races in horse racing: edge.twinspires.com/racing/major-horse-races/
But, what are some of the most popular types of bets that bettors can place when it comes to horse racing?
Win Betting
The easiest way to make a bet on the horse racing action throughout the season is by placing a winning wager. These are easy enough that even novices to betting can understand what is required to gain returns. In essence, bettors will be looking to find the winning horse in the race, and if they are correct, then they will receive returns. If you’re new to horse racing and want to learn about the different types of wagers you can make, check out this blog post. We cover the most common wager types used at malta betting sites.
Each starter will have their price next to their name, and the bettor will select the price and then enter their stake to place the bet. If a bettor places a $10 wager on a horse to win a race at 10/1, and the bet is successful, then they will get $110 in returns.
Place Betting
One of the big differences between US and European bookmakers is the place betting market. In the US, a bet on this market will require the selected horse needing to finish in the first two places. However, in Europe, a place bet will cover the determined number of placings noted by the sportsbook. Therefore, European bettors could get up to five places in big fielded races, such as the Grand National. In order to get returns in this market, the horse selected must finish in a place position. Bettors typically choose to use this betting market if they are interested in a long shot.
Show Betting
The reason why more places aren’t offered with US sportsbooks is the down to the reason that show betting covers a horse finishing in the first three. Like the place betting market, bettors will be looking for a selection to finish in the top positions, but this market also covers a third. Show betting isn’t a betting option for bettors in Europe, as this market is combined with the place betting selection. However, once again, bettors will be looking for a long shot to claim returns in this market.
Exacta/Trifecta Betting
One of the most difficult types of bets that a bettor can make on horse racing action is an exacta or trifecta. For an exacta, a bettor will be looking to find the horse that will finish first and second in the correct order.
The task gets slightly harder if a bettor is looking to correctly predict the trifecta, as bets must be placed on the horses that will finish first, second and third in the correct order. Bets can also be placed on horses to finish in any order in the top three, and the returns will be determined based on the positions of the order of horses.
Multiple Betting
Another popular option when betting on horse racing is multiple betting. This gives bettors the option to include multiple selections from different races in longer-formed bets. However, the multiple options selected will differ in what the bettor needs to gain returns. If a parlay option is used, then all selections must win to claim returns. However, Lucky 15s are very popular when betting on horse racing, as this multiple selections covers all 15 possible bets from four selections, including singles, doubles, trebles and the four-fold.
