Install Flash plug-in on your browser or use Chrome. Login Join. What Is A Place Bet? Select Today's Racing 2. Select Race Track 3. Select Race 4. Press Tote Price 5. Bet Now. Trackside Promotions Notices Help Centre. Horse Racing. Horse Racing Tips.
Spring Carnival. Autumn Carnival. Winter Carnival. Melbourne Cup. Melbourne Cup Tips. Melbourne Cup Field. Cox Plate. Caulfield Cup. The Everest. Golden Eagle. Victorian Derby. Lightning Stakes. Blue Diamond Stakes.
Oakleigh Plate. Futurity Stakes. Australian Guineas. Surround Stakes. Chipping Norton Stakes. Newmarket Handicap. Australian Cup. Randwick Guineas. All Star Mile. Coolmore Classic. William Reid Stakes. In a win bet, however, the horse must win, otherwise there is no pay out.
Due to the wider number of winning possibilities for the bettor, place bets may not be available in certain scenarios. These scenarios are typically dictated by the number of horses or greyhounds running the race. If, for example, there are less than five runners, then a place only bet could mean that two of the five places would pay out, and so it's likely that no place only betting would be available for that race.
Another important point to remember when considering a place only bet is that the term has a slightly different meaning in North America than it does in the UK. In horse racing and greyhound racing in the United States, a place only bet is more limited and the horse or greyhound must be placed either first or second for the bet to pay out.
If it finishes in any other position, the bet is lost. One of the reasons for this difference is that there is something called a Show Bet in North America. This type of bet is very similar to a place only bet, but it's more extensive and pays out if the horse or greyhound finishes in first, second or third.
This means that the show bet is quite similar to a UK place only bet, but the name is very different. When you are about to have a place only bet, you'll be given place terms. These are the rules and regulations that govern the bet and within them you'll be given the horse's odds and place odds.
The place odds, on the other hand, are the portion of the winnings you would get for a successful place only bet. The industry standard odds for place only bets in horse and greyhound racing in the UK can be seen below:. Only races with eight runners or more would classify for a place only bet that covers finishing first, second or third which is what 1,2,3 in the list above means.
There are two further kinds of bets that are somewhat similar to place only betting, but which offer very different terms. These are insurance betting and betting without a named horse. Under the terms of an insurance bet, the person placing the bet can get their stake back but not anything extra if the horse finishes in second or third.
When betting on horses for the place, the odds are considerably smaller, often less than a quarter of the win dividend. There is also plenty of opportunity to make serious money. The same calculation was made for the place component of each-way betting. With Fixed Odds, the odds that you get when placing the bet are your odds until the race is over.
The tote betting system combines all the bets for the place into a place pool that is separate from the win bets. Divide the total investment minus the rake for that bet type by the amount of money invested on the selection after rounding down. In fixed odds, the bookmaker calculates the odds for each horse at any given moment, based on the probabilities of it winning. Remember, your selections in place betting can also be used to bet the trifecta.
You can make them standout selections or roving bankers. Trifecta betting is a way to take place betting to the next level. For example, the online betting company Unibet often has the following betting bonus. This is a great way to mimic place betting because you get a return on investment even if the horse runs a place. We should aim to make consistent profits over the long term instead of focusing on large windfalls.
If you can see the potential for real profits over the long term, then dip your toes in the water and invest. Tags: betting , betting advice , betting systems , mathematics , online betting. Category : Punting Advice. A quick guide to the Melbourne Cup It takes place every single year. Horse racing fans and jockeys come from across Australia just to see what all […]. The Melbourne Cup is the race that stops the nation and viewed by millions of people world-wide. First run in , the Melbourne Cup is indelibly linked in the Australian psyche for over years.
The Melbourne Cup is an Australian institution so finding the winner is an important national challenge, up there with singing […]. Derby Day — the finest of thoroughbreds and fashion. The Spring Carnival in Melbourne is one of the biggest sporting carnivals in the world and kicks off with Victoria Derby Day, the greatest thoroughbred race day of the year. There is nothing like being in Melbourne for Cup week and not even a wet Saturday will dampen the spirits of the near hundred thousand […].
Villagebet Twitter Feed - Community of punters Follow. Racing Tips for today. Horse bets can be put into one of two categories; straight bets and exotic bets. Straight bets are pretty simple. You are betting on a single horse.
Straight bets are popular for horse owners, and fan favorites. They are also one of the easiest bets to place. There are four kinds of straight bets:. Exotic bets involve multiple horses and have a greater risk than straight bets. However, with most risky gambles, they have the potential for a much higher return on investment.
There are two kinds of exotic bets you need to understand to know how to bet on horses: Horizontal Wagers and Vertical Wagers. These types of bets require players to pick the top finishers in a single race in the exact order of finish. Boxed and Wheels : For those who know how to bet on horses, they may box or wheel their horse bets.
Certain bets specifically exactas, trifectas, and superfectas come in boxed or wheel form. Boxed Bet: A Boxed bet means that your selections can finish in any order. Dutch betting allows a player to create a bet built from multiple individual wagers, with the aim being to achieve the same payout no matter what selected runner comes in. Instead, bettors can simply select multiple runners and accomplish the same thing.
Horizontal Wagers : Horizontal bets involve betters picking winners of a specific number of races, commonly ranging from two to as many as six or seven. AmWager has you covered. A great option for first time horse bettors is to bet online. Our interface allows for live video stream of the races so bettors can have a fun and engaging experience.
Click now to get started! If you decide to go to the track and you want to learn how to bet on horses, the first thing you want to do is find a human teller. Human tellers are fast, accurate, and friendly so go to the person rather than the machine.
State the name of the racetrack. State the dollar number of your bet. State the type of wager. Hand the teller your money and take your ticket. The last step is to check your ticket before you leave the window to ensure that you and the bookmaker have the correct wager and place your ticket in a safe place. There are hundreds of resources for picking horses, and everyone seems to have their own methods, superstitions, and strategies. For more information about how to bet on horses, visit our horse racing resource center where you can find horse racing tips, tricks, and picks from expert handicappers.
Straight Bets in Horse Racing Straight bets are pretty simple. There are four kinds of straight bets: Win : You pick the winner. Simple as that. You win money only if your horse wins first place. Place : This is hedging your bets that your horse will win first OR second. If they do, you win. However, the reduced risk will produce smaller payouts. Show : You win if your horse finishes first, second, or third. Again, the potential payout is reduced with the risk.
One win bet, one place bet and one show bet. An Across the Board bet costs 3x the amount wagered. If your runner comes in first place you win all three prices win, place and show. If your runner finishes second, you win place and show prices. If third you win the show prize. Exotic Bets in Horse Racing Exotic bets involve multiple horses and have a greater risk than straight bets.
Exacta : When placing an exacta bet you are selecting the first and second place runners in the exact order. The runner you select in the 1st leg must come in first. The runner you select in the 2nd leg must come in second.
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Bet Now. Trackside Promotions Notices Help Centre. Horse Racing. Horse Racing Tips. Spring Carnival. Autumn Carnival. Winter Carnival. Melbourne Cup. Melbourne Cup Tips. Melbourne Cup Field. Cox Plate. Caulfield Cup. The Everest. Golden Eagle. Victorian Derby. Lightning Stakes. Blue Diamond Stakes. Oakleigh Plate. Futurity Stakes. Australian Guineas. Surround Stakes. Chipping Norton Stakes. Newmarket Handicap.
Australian Cup. Randwick Guineas. All Star Mile. Coolmore Classic. William Reid Stakes. Golden Slipper. Galaxy Sprint. George Ryder Stakes. Rosehill Guineas. Doncaster Mile. Australian Derby. Queen Elizabeth Stakes. Check out our detailed horse race betting site reviews for more on the fine print.
Options range from heading to your local track, to using your mobile phone to view a live stream. Here are the main choices:. In each race, the amount of money bet on the individual horses determined the odds. These can be expressed as positive or negatives. Odds for place and show selections are naturally smaller than for win bets. You have multiple chances of being paid. Horse racing has a skill element, involving finding value from the field.
Picking a potential winner or finding a selection whose price is better than their true winning chances will make you money over time. Online horse racing betting sites help you pick winners by providing statistics detailing the results of previous races. These range from simple form guides and raw results to detailed past performance databases.
Many databases are paid services, with the racebooks offering them as a perk for bettors who wager on a specific meeting. All racing bets are pooled. The total bet around the country on a race is divided among the selections. The winners should this horse win are paid The prizes for place, show and trifecta bets are determined in the same way.
There are prestigious events for all types of horse racing , which range from harness through to Arabian horses. This involves three races for thoroughbreds, each of which has qualifiers to ensure that only the best horses get to take part. Here are the races in date order. To complete the Triple Crown, a horse needs to win all three in the same year.
Apps and websites operating in these states often allow wagering on races across the country and even internationally. That leaves it up to the states whether they want to legalize online wagering on horse races. Anywhere the platforms above offer wagering, state laws have been enacted to allow for online wagering and horse race betting apps.
If no real races are going on, you can also wager on virtual horse races. These are races simulated by a computer program, and bettors can still wager on the outcome. More on virtual sports betting. Unfortunately, this is not offered in the US, although land-based and online casinos may offer this in the near future. Wagering on virtual horse races is more common in Europe and other regulated markets internationally. To the majority of people, racehorses look similar. While there is a big mix of heritage, they can all be traced back to just three fathers born in the s.
Those sires were then imported to England, where they established blood-lines that were later imported to the US. Standardbred Horses: Harness racing uses a different breed known as standardbred. These horses can have thoroughbred ancestors, with mixed heritage. This breed is considered easier to handle than the highly-strung thoroughbreds. A different breed, known as Arabian horses takes part in these contests.
Arabian horses are perfect for long distances racing , though not for short bursts of speed. As the name implies, these horses recorded as a subsection of thoroughbreds were first bred in the Middle East. Quarter Horses: Quarter Horses is a name given to the mixed-breeds which come from Spanish colonial stock.
The name comes from the quarter-mile racetrack which was popular in the early days of horse racing. There are a lot of slang terms, acronyms and unique terms associated with betting on horses. The list below includes the key definitions to get you started. Daily Double: A bet which involves picking the winners of two highlighted races usually consecutive races. Furlong: This is a distance measure, e. Each one is one-eighth of a mile.
Exacta: This is a bet on the first- and second-place finisher in the right order. Gelding: This term refers to a male horse that has been sterilized, which a common practice which can make unruly horses focus on racing.
With Fixed Odds, the odds that you get when placing the bet are your odds until the race is over. The tote betting system combines all the bets for the place into a place pool that is separate from the win bets. Divide the total investment minus the rake for that bet type by the amount of money invested on the selection after rounding down. In fixed odds, the bookmaker calculates the odds for each horse at any given moment, based on the probabilities of it winning.
Remember, your selections in place betting can also be used to bet the trifecta. You can make them standout selections or roving bankers. Trifecta betting is a way to take place betting to the next level. For example, the online betting company Unibet often has the following betting bonus. This is a great way to mimic place betting because you get a return on investment even if the horse runs a place.
We should aim to make consistent profits over the long term instead of focusing on large windfalls. If you can see the potential for real profits over the long term, then dip your toes in the water and invest. Tags: betting , betting advice , betting systems , mathematics , online betting. Category : Punting Advice. A quick guide to the Melbourne Cup It takes place every single year.
Horse racing fans and jockeys come from across Australia just to see what all […]. The Melbourne Cup is the race that stops the nation and viewed by millions of people world-wide. First run in , the Melbourne Cup is indelibly linked in the Australian psyche for over years. The Melbourne Cup is an Australian institution so finding the winner is an important national challenge, up there with singing […]. Derby Day — the finest of thoroughbreds and fashion.
The Spring Carnival in Melbourne is one of the biggest sporting carnivals in the world and kicks off with Victoria Derby Day, the greatest thoroughbred race day of the year. There is nothing like being in Melbourne for Cup week and not even a wet Saturday will dampen the spirits of the near hundred thousand […]. Villagebet Twitter Feed - Community of punters Follow.
Racing Tips for today. Did it at both ends. Home Bet Here! Place betting for long-term profit in horse racing April 4, By Mayor More. As the name suggests, "exotic" wagers are fancier and more complicated. They involve more than one horse. This means they're harder to win, but they also pay more than straight bets.
Here are a few examples of exotic bets. Got all that? If so, you're all set—now off to the track! Cindy Pierson Dulay. Cindy Pierson Dulay is a horse-racing expert, journalist and award-winning photographer. She is the owner and editor of Horse-Races.