Horse racing is one of the most popular sports in the world for betting on. The major events in particular attract a huge amount of wagers.
The exciting nature of horse racing betting is one reason why it’s so popular. Another reason is that it’s very easy to get started. Anyone can place a wager on a horse race without knowing much at all about either horse racing or betting.
There’s a lot that goes into horse racing. You not only need to know the basics, but there are several different types of bets you can make.
Here the different types of horse racing you should know:
• Win Bet
A Win wager or Win bet is the easiest bet you can make in racing: simply pick the horse you think will cross the finishing line first. If your horse wins: you win. If your horse doesn’t win: you don’t win.
• Place Bet
A Place bet is one of the easiest bets you can make in racing: simply pick the horse you think will cross the wire first or second. The Place bet payoffs are lower than a Win bet because the pool of monies wagered is split between the horse that wins and the horse that is the runner-up.
• Exacta Bet
An Exacta requires you to correctly select the two runners that finish first and second in a race, in the exact order. There are different types of Exactas– Straight, Standout, Box or Roving Banker.
• Quinella Bet
A Quinella bet is the easiest of all horse racing exotic bets to understand! You simply pick two or more selections and as long as you have the first two home – in any order – you win!
• Trifecta Bet
A Trifecta requires you to select the runners that will finish first, second and third in a race. There are different types of Trifectas– Straight, Standout, Box or Roving Banker.
• First Four Bet
The First 4 requires you to select the first, second, third and fourth runners in a race, in the correct finishing order. Like Trifecta, First 4 can be Straight, Standout, Box or Roving Banker.
So now you know what are the different types of horse racing? With that bit of info, you can go to any race book websites in Singapore and have a good time picking a random horse and betting your some money on each race.