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Smartest Bets in Horse Racing

profitable horse racing bet strategy

Last updated on July 21st, 2022


Horse race betting has been around the world for centuries. Most punters love the rush of watching horses come down that little bit of stretch and the jockey pushing the horse outside and making a last-minute charge for the lead.

 

With the excitement that comes with this popular sport, many punters are looking for various types of horse racing bets for their wagers. 

 

Online Horse Betting

 

Gone are the days when you have to head to the track to place your bets. Nowadays, thanks to online horse racing betting, you can watch live and bet at the convenience of your home.

 

With online bookmakers providing high odds and the best betting promos, no one can resist the appeal of this kind of sports betting, more so when you have different types of horse racing bets you can choose from.

 

Don’t forget these types of horse racing bets if you plan to wager on major events. Using our sports betting API to gather data in real-time is also helpful in making profitable horse racing bet strategies. 

 

You can check more of our services and promotions by creating a VOdds account with us today!

 

 

Horse Racing Exotic Betting

 

Courtesy of Philippe Gras

 

 

Popular Horse Racing Bets Explained

 

Here are some of the major ones you can try on:

 

     1. Win, Place, and Show

 

These three are also known as the traditional bets and are the most common horse racing bets out there. First, you will have to pick a horse. If you place a Win bet, the horse must come out as the outright winner of the race. 

 

While a Place bet will give you a bit of leeway, the horse needs to finish first or second place for you to win the bet. Lastly, if you wager a Show bet, your horse must finish in one of the top three positions for you to win the bet.

 

 

     2. Exotic Betting 

 

Besides the common types of horse racing bets, there are exotic bets. These are bets placed on more than one outcome at a time. Different types of exotic betting will involve different parameters and conditions. Here are a few to help you get started:

 

  • Quinella. This bet involves choosing two horses that you think will finish in first and second place. The order doesn’t matter as long as those horses finish in the top two.

 

  • Exacta. These bets are the same as Quinella bets except for the fact that it matters which order the horses will finish the race. This means that if you picked that a certain horse will place first and the other will place second, they must finish the race in that exact order.

 

  • Trifecta. They are also similar to Exacta bets, but in this type, you must pick three horses that will finish in the top three based on the order you selected.

 

  • Superfecta. This type of bet is also similar to the Trifecta bets. In this case, you will not pick the top three horses but instead the top four horses. Remember that they must finish in the exact order that you choose so that you can win the bet.

 

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