What are Various Betting Types in Horse Racing? |
Posted: May 29, 2017 |
When it comes to horse racing, there are many colorful words to place your bets on the horse. You put your money on the bet with the hope that the horse will become a winner and will earn you a lot of money. In horse racing, you can also find ways for wagering meaning you don’t have to bet on the horse that comes first in the race. It all depends on your best type, and sometimes it can come second or even third, but you still win money. Let’s take a look at the lingo used for various bet types:Straight BetsWhen you place a straight bet, it means it means you are wagering on the horse to win the race. Even if it finishes second, you may lose your money. There are several terms which are related to various kinds of straight bets and increase the chances of winning some money. Across the BoardIn this, you place three bets one for each possibility. It means one for the horse to win, one for the horse to come second and lastly one for the horse to come third. If the horse wins, you’ll get paid for all the three bets. If it finishes second, you’ll get paid for the second or the third bet. You won’t get paid for the first bet. When the horse finishes third, you get paid only once, this time only for the third finish. Thus it is a great bet if the horse wins, you end winning three times, and if it finishes third, you’ll not lose all the money. In The MoneyWhen the horse finishes first, second or the third the best is called as in the money. On The NoseIn this bet type, you are betting on the horse win only. PlaceWhen the horse finishes second it is termed to be in place. When you make a place bet, you expect that the horse will not come first, but it may finish second. So you win money when it finishes first or the second. You won’t make any money if it finishes third. ShowWhen the horse finishes third, it is said to show. In this bet type, you’ll earn money irrespective of whether horse finishes first, second or the third. Happy Betting Online!
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