Horse race betting odds explained boxing

Published 14.07.2020 в Mohu leaf placement tips for better

horse race betting odds explained boxing

Betting on horse racing or horse betting commonly occurs at many horse races. This allows the gambler to 'lock in' odds on a horse at a particular time. Box: In a box wager, a punter selects a number of horses and covers all the finishing options available. For example, a box exacta with a $1. Horse racing betting odds express the relationship between risk and reward. To put it simply, the odds tell you how much you stand to win with any wager. ETHEREUM DEVELOPERS MEETUP BOSTON

In the money: A horse finishes in the money if it comes in first, second or third. On the nose: You're betting the horse to win only. Place: A horse is said to place when it finishes second. You can make a place bet it you think it probably won't win but that it won't be too far behind the first-place horse.

You'll win if you're right. You'll even collect the horse's second-place winnings if it comes in first, but not if it finishes third. Show: A horse that comes in third is said to show. A show bet works much the same as a place bet—you'll collect the horse's third-place winnings if it comes in first, second or third. A winning horse will pay the most on bets that it will finish first. It will pay a little less for place bets and even less for show bets, but it can effectively pay out in three ways—thus the allure of across-the-board bets.

Exotic Wagers 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.

Boxed bet: Boxing a bet means to cover all possible combinations of finish for multiple horses. In other words, you think those two horses will finish first and second, but you're not sure in what order. Daily double: You're betting on two separate horses in consecutive races in a daily double, usually the first and second races of the day.

Each of your horses must finish first. Exacta : You must pick the first two finishers in a race in the exact order they finish—unless you box your bet. An exacta is called an "exactor" in Canada, short for "exact order. You would bet on the first place finishers of three consecutive races instead of two. But Pick 6's offer significant winnings and sometimes, at the discretion of the track, they might offer consolidation payouts. Extended periods of time can go by without anyone winning a Pick 6, so some racetracks will "carry over" the unclaimed winnings , moving the money forward to the next race or sometimes the next day so the pot grows and grows until someone strikes it big.

Quinella: A quinella is a variation of boxing your bet. The two horses you pick must win and place, but the order in which they finish doesn't matter. This is a single bet, unlike a boxed exacta which is technically two bets. It, therefore, pays less if you win. Superfecta: This is up there with the Pick 6 when it comes to difficulty.

You must select the first four horses to finish in a race in the exact order they finish. Of course, you can box a superfecta just as you would an exacta, but you're talking twice as many horses so this involves covering a lot of combinations. It can be pretty expensive, so if you're wrong—even one horse you didn't anticipate sneaks into the top four—you could lose a fair bit of money.

Trifecta : Sometimes called a triple, this wager involves picking the first three finishers in a race. What is boxing a wager? Bets like the exacta, trifecta, superfecta, and Super High 5 pentafecta are known as vertical exotic wagers, and they involve selecting the top finishers in a specific race. The exacta requires selecting the top two finishers, the trifecta the top three finishers, the superfecta the top four finishers, and the Super High 5 the top five finishers.

You could randomly pick one on top and play the wager straight, or you could play both combinations and cash a ticket regardless of which horse wins. The latter strategy is an example of boxing a wager. What are the advantages of boxing bets? The main advantage of boxing bets is obvious—you increase your chances of winning. You could box three horses in an exacta and cash as long as two of them finish in either order.

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