How to bet on horses

So, you are interested to find out how to bet? In that case, you must understand the types of wagers offered.

Win: Bet for the first place. You collect, if your horse finishes first.

Place: Bet for the second place. You win the bet if your horse finishes first or second.

Show: Bet for the third place. You are the winner if your horse finishes first, second or third.

Across the board - Bet your horse to win, place and show. If your horse finishes anywhere within the first three positions, you win. But of course you win more if your horse finishes second and even more if it wins, as you are combining 3 seperate bets in this strategy.

Win-Place - Bet your horse to win and place. If your horse finishes in either of the first two positions, you win. You will win most if your horse wins as you are combining 2 seperate bets in this strategy.

Exacta: Bet on the exact order of first and second. You win if the horses you named finish in the exact same order as you predicted.

Trifecta: Bet three horses to finish first, second and third in exact order. For example: a 10€ straight Trifecta 3-2-1 pays off only if the final order of finishing is 3-2-1. A popular bet among many betting fans is a 1€ Trifecta box of three or more horses. A $1 Trifecta box of three horses such as 3-2-1 costs $6. Trifectas can produce huge payoffs if you are lucky to pick the correct horses.

Superfecta: This is another betting combination which can produce huge payoffs. Here you are betting on 4 horses finishing in the exact order. You win a superfecta 5-4-3-2, only if the horses finish the race in the exact order 5-4-3-2.  The cost of a 2€ Superfecta wheel with one horse to win and three horses to finish in any order, in the 2^nd 3^rd & 4th positions, is €12. The cost of a €2 Superfecta box including four horses to finish first, second, third and fourth, is €48. If you manage to place your bets on the right horses the Superfecta can make you rich, especially if there is one or more outsiders in your correct pick.