Exotic Horse Racing Bets
Despite the considerable difficulty of this type of horse racing bets, they are popular among online punters all over the globe due to the possible gargantuan profit. Experienced betting enthusiasts can usually choose between Exacta, Quinella, Trifecta, Superfecta, Daily Double, and Pick 3 (4, 6, etc.) all of them coming in different forms that carry a high or low degree of risk.
Exacta gives you the opportunity to take advantage of your knowledge in the field and your confidence that you can point out the horses that will finish first and second in a certain race. With the right prediction, this bet is usually more profitable than any of the standard wagers, with stakes of the same or even smaller amounts.
If you want to take as little risk as possible when placing an exacta bet, stick to races with fewer participants. Thus you will have more time for research and fewer horses to mess up your plans.
After you have done your homework and decided which two horses to select, there is not much to do since placing an Exacta bet is quite simple. Here is what the betting interface may look like:
|Exotic Betting Markets
|2 Paint Me Red
|3 Brooklyn Boss
|5 Aria Electra
|6 From Pantherland
|7 La Zucca
|Add to betslip
This particular race has 7 participants. After looking at the current odds and exploring the statistics of each horse we decided that #7 is most likely to finish as a winner and #5 to be the runner-up. The following steps need to be undertaken:
- Click on the relevant checkboxes
- Press the “Add to betslip” button
- Specify the stake amount
- Confirm your bet
Please note that the odds displayed are true by the moment you witness them. Due to the essence of the pari-mutuel system, the exact payout will become clear at the very last moment when bets are no longer accepted.
Reverse Forecast/Quinella is almost the same as the Exacta except that the correct order of the two horses is not subject to wagering. This means you are more likely to place a successful bet, however, with less lucrative profit.
As the name suggests, Trifecta covers the performance of three horses as you must indicate their exact order after the end of the race. If you do not correctly guess all three horses or if you arrange them irregularly, you win nothing. This is definitely not an easy bet to place and namely because of that profits can reach such high amounts.
There is no unequivocal answer to thе question of how to win through Trifecta, simply because there is no such thing as a perfect system that works all the time. Correct prediction is difficult, but not impossible. The key to success is to make careful judgments, not succumb to your emotions, and do your best to get good value for your money.
We prefer not to talk about luck when it comes to sports betting because we strongly believe that learning, research, and experience are much more paramount. However, when the Superfecta is the subject of discussion, we just cannot ignore it. Let’s say that guessing the winner and the runner-up is an easy task. What about third and fourth place? The competition is usually so fierce that to properly rank the top four horses leans to impossibility. After all, on a track with eight horses, there are 1,680 possible combinations regarding the Top 4.
Nothing is impossible, though. Some combinations are more probable than others so if you manage to narrow the range you choose from and follow some basic tips, you can eventually accomplish a betting feat. Here are our top three recommendations:
- Do not try to cover lots of combinations and races. It will cost you a lot and there is no guarantee for success. Quality over quantity, so, be selective.
- A single straight Superfecta is not a good idea either, it is just too risky and relies mostly on luck.
- Sift out the obvious underdogs and do not include them in any version of a Superfecta bet.
The Daily Double option is supported by almost all racetracks around the world and usually applies to the first two races within one competition. Fortunately, some bookmakers have implemented a rolling double that comprises any sequence of two races up until the end of the card. There is a separate pool for Daily Double bets placed both by on-site and online betting enthusiasts that regularly provides higher payouts than if you place two independent Win bets.
At times bookmakers offer Special Daily Double bets that cover races not included in a single card, usually being conducted one day apart. The applicable betting rules are in no way different, you just need to wait a little longer to see if your bet is winning or not. Special Daily Doubles are separately announced and look like this:
- Juvenile Turf/Turf on race 10 Friday with race 11 Saturday
- Juvenile Fillies/Distaff on race 7 Friday with race 10 Saturday
- Juvenile/Classic on race 9 Friday with race 12 Saturday
These are real data from the 2021 Breeder’s Cup World Championship held in Del Mar, California where the minimum bet amount was just $1.
Pick 3 and Beyond
Although the Pick 3 involves three separate races it is still considered one bet. As with the Daily Double, it has its own prize pool filled with all monies wagered on this particular market. In general, the sequences of races that can be bet on are conducted in the second half of the program for the day, as they are more contested and therefore difficult to predict. The weightiest reason for Pick 3 and beyond bets to be so popular is value, especially when wagering on favorites that usually come with short odds. In such cases, a higher profit can be expected from one successful Pick 3 bet than from three individual Win bets.
Pick 6 is the most spectacular part of the betting range and arguably the hardest to hit. Often, the minimum bet is $2, which means you need deep pockets to give yourself a sound chance of winning. There are days when no punter manages to realize the required 6 correct predictions and the betting pool is transferred to the next day. If this lasts for several days, the prize pool on some tracks could reach millions of dollars.
Boxing a Horse Racing Bet
By boxing their bets, punters can cover the highest number of combinations for a reasonable investment. Take a look at the below table showing how the number of horses covered by an Exacta box bet is related to the number of winning combinations and the total stake amount. Calculations are made based on a minimum $1 bet.
|Number of horses
|Number of combinations
Although betting odds are floating you must always carefully check them. They are a wonderful reference point showing if adding multiple horses to your box bet is worth it. It is by no means impossible to win a bet and still lose money, so stay alert.
A peculiar variation of this horse racing betting strategy is to key one horse in the box bet, which enables betting enthusiasts to demonstrate their confidence in the eventual winner and pick other two or more horses to back up the second place. If your favorite is No.3 for example, but you dubitate which out of No.1, No.6, and No. 7 will be the runner-up, you can include them all in one box bet that will cover the following combinations:
If any of them becomes reality after crossing the finish line, your bet is considered a winning one. When you key a horse, fewer competitors are covered which in turn leads to a lower stake. The same principles apply to the other types of exotic bets only covering a different number of horses.