Horse Betting- A Worldwide Phenomenon

Betting on horse is now a fascination for many, with more and more people indulging in this type of online gambling than in other traditional gambling games. Horse betting is now a worldwide phenomenon with most countries establishing laws to legalize and regulate it. Most people have experienced placing a bet at some point in life but there are those who find great pleasure in the excitement and for some it becomes a favorite pastime. When it comes to horse racing, there are a lot of options and factors that can be bet on. 

Everything from the top horse to the long shot; the first three places that the horses come in; the winners of multiple races, the sheer number of choices available to the savvy player will make the betting experience anything but a typical day at the races .So how many different types of horse betting are there, exactly?  Largely, the type of wagers depends on the type of horse race.  The “Big Three” of the horse bet are the Win, Place and Show.  The Win is the most simple of bets, as it focuses on a bettor’s horse winning the race in first place.  Place bets are used for the horse that comes in second place.  The “Show” bet is for the horse that finishes third in the race. There is also a bet called Across the Board.  This type of horse betting allows a bettor to choose a horse that will come in the first, second or third places.  In effect, this is a “three bet in one” situation, where the bettor gets some winnings as long as their horse comes in one of the first three places. vThere are also several other types of exotic horse betting, such as Exacta, Quinella, Trifecta and Superfecta bets, which allow a bettor to select up to two, three, or four horses for the first, second, third, or even fourth place rankings. There is also the Daily Double, which is a fun and popular bet that allows bettors to pick the winners of two consecutive races. 

The bettor doesn’t collect their winnings unless their horses make good on the placing, but it’s certainly an impressive feat and worthy of some bragging rights.  Pick 3 is also fun, as it ups the ante by attempting to predict the winners of three races in a row. And some tracks even have a Pick 6, which is picking six winners in a row – how’s that for a tough bet? Or how about a Key Bet, where you bet the winner, and then pick perhaps four other horses to finish second or third? That’ll cause some cheering on the homestretch in horse betting. Horse betting is really a lot of fun, partly because of the myriad of bets available. It’s just so interesting with all the bets that can be attempted by the daring player.  With a little bit of foresight, and just a bit of luck, placing money down on the horse races can have you walk away very, very happy. When preparing to bet on a horse, do some research on past matchups and the current players? From there, you can make an informed total bet and hopefully cash in with a win in horse betting.

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