A traditional Wheel bet is **placed when the bettor chooses one horse to finish in a specific position**, with all other horses in the race combined to finish in the remaining positions that qualify on the type of bet.

- Wheeling a bet in horse racing is sort of like a
**parlay wager**when betting on sporting events. You are given the option to place multiple bets in order to have better odds. However, when wheeling a horse racing bet, you are only allowed to wager on the order placement of the horse coming into the finish line.

## What is a exacta wheel?

In an exacta wheel you pick a horse – or more than one horse – that you think is your key horse, and you combine them with several other horses. For example, let’s say that we really think that horse #1 is the clear choice in a race, but that #2, #5, #7 and #8 are relatively equal and will fight for second.

## What is a wheel box bet?

This term is used when multiple horses are selected in wagers where the bettor is not sure of the order in which the horses will finish. You can box these selections, which allows you to play the horses you like and not worry about the order in which they finish.

## Which number wins the most in horse racing?

Winning TAB numbers: TAB number 1 is the most dominant number in trifectas, appearing in 40 per cent of all trifectas. TAB number two is next with 35 per cent, number three with 33 per cent, number four with 31 per cent.

## What post position wins the most in horse racing?

Post Position 1 1 has produced the winner most times since 1900 with 12. Only one horse, Ferdinand in 1986, has won the race from the first post position since 1964.

## What does BN mean in horse racing?

Boxed bet: Boxing a bet means to cover all possible combinations of finish for multiple horses. If you want to box an exacta, you would bet that Horse A wins and Horse B places, and also that Horse B wins and Horse A places.

## What is a treble bet?

A treble bet is where you make three single outright selections, often known as legs, which are combined into one multiple bet. The treble bet needs all three of the separate selections to be successful for your bet to win. If one of the three selections is unsuccessful, then the entire treble bet loses.

## What is first 4 in horse racing?

Straight First 4 This, simply, means picking four horses to finish in correct order from 1st to 4th to finish in that order you select.

## What is the difference between a key bet and a wheel bet?

Keying Horses A key bet is not really separate from a wheel bet. It’s just a different terminology used by some bettors to make it clearer what they’re doing. When you key a horse, it simply means that you are including it in every part of the exotic wager, with other horses kind of orbiting around it in the bet.

## What is a superfecta wheel?

A superfecta is an exotic horse racing bet in which you’ll need to select four horses from a single racing event and predict in which order they will finish to be considered a winner. The four selected horses need to finish in the top four spots in the exact order you predicted to win.

## How often do 100 1 horses win?

On average the strike rate is around 0.3% so it is expected that there will be many runners, but few winners to get back to that level. Out of all those runners only R Hannon has had two 100/1 winners. One jockey has had three 100/1 winners.

## What breed of horse is fastest?

Thoroughbreds are considered the fastest horses in the world and dominate the horse racing industry, while Arabian horses are known to be intelligent and excel in endurance riding. Take a look at some of the horse breeds used in racing, dressage and general riding.

## How To Place A Wheel Bet

Photo courtesy of the Maryland Jockey Club The Wheel Bet is a very entertaining and practical approach to place several unusual bets on a single ticket that is easy to understand. A wheel bet may be divided into two categories: full and partial. Horse players can use them to place a large number of combination bets involving a single horse at the same time, making it a more expedient approach to complete the task at hand for them. A common reason for the popularity of this form of wager is the possibility to place winning combinations with hedging combinations.

Overall, wheeling bets allows you to cover a greater number of perspectives.

As an illustration, suppose you choose a “$2 Exacta Wheel 2 and All.” When placing multiple $2 exacta bets on the No.

You may express your wager as “$2 Exacta Wheel All and 2” if you choose to make your bet on horse No.

- By expressing this, you are betting on any other horse to win while also betting on the No2 horse to come in second.
- Essentially, instead of placing a wager on “all,” you are placing a bet on a select few.
- As an illustration, “$2 Exacta Wheel 1 and 4,5,6” would be stated.
- An second example demonstrates why half wheel bets are so popular in the first place.
- This makes it quite simple to produce a large number of exotic bets without having to spend a lot of time at the table.
- The majority of the time, you will be able to utilize a wheel bet in conjunction with exacta bets, trifecta bets, and superfecta bets, and you will also be able to box them on occasion.

## Wheel Bets

When it comes to betting, wheel bets are a lot of fun, and newcomers especially enjoy them since they provide a safety net in the knowledge that they offer a broad variety of outcomes that may still pay out on a single ticket. Understanding how wheel bets operate, on the other hand, might assist you in determining which bets to place and which bets have the potential for large rewards. Wheel bets are divided into two categories. There are two types of wheels: a complete wheel and a half wheel.

Key bets are a unique form of wheel bet, although most racetracks treat such bets the same way they do all other wheel bets. Always check the race program before placing your bets to ensure that the wagers you want are accepted by the bookmaker.

### Full Wheel

A Full Wheel wager consists of selecting a certain horse to finish in a specific position and wagering on all of the remaining horses in the field to finish in the remaining positions. When placing a $2 Exacta Wheel wager and anticipating that the1 horse would win, you would place a wager of| “$2 Exacta Wheel 1 and All” on the board. This bet will pay out if the first horse crosses the finish line first, and it makes no difference which horse crosses the finish line second since betting “all” bets on every horse in the field.

Any horse has a chance to win.

Making the decision to wager “All” instead of picking a horse is not difficult; nevertheless, because you are betting on every horse on the field, it may become quite expensive very quickly.

### Partial Wheel

A Partial Wheel bet is quite similar to a full wheel bet, with the exception that you are not betting on all of the horses in the field; rather, you are wagering on a small selection of them. Using our previous example, if you are unsure whether the 1 horse or the 2 horse will win, but you want to bet on the 3, 4, or 5 horse to place but you are certain that the 6 and 7 horses will not, you may put a partial wheel bet on the 3, 4, or 5 horse. “$2 Exacta Wheel1, 2and 3, 4, 5,” you will tell the teller in order to place this wager.

Alternatively, this option can be utilized on other types of bets, such as the trifecta and superfecta.

### Key

It is quite similar to placing a complete wheel bet, with the exception that you are not betting on all of the horses in the field, but rather on a small selection of horses. You can put a partial wheel bet, for example, if you are unsure if the 1st or 2nd horse will win, but wish to place a wager on the 3, 4, or 5th horse to place but are certain that the 6th and 7th horse will not win. “$2 Exacta Wheel1, 2and 3, 4, 5” will be the wager you place with the teller. If the official results are 1 and 2, 1 and 3, 1 and 4, 2 and 3, 2 and 4, or 2 and 5, this bet will pay off.

Partial wheels are less expensive than complete wheels, yet they can still become prohibitively expensive if they are not used properly.

## Boxes & Wheels

When numerous horses are picked in wagers when the bettor is unsure of the order in which the horses will finish, this word is used to describe the situation. Consider the following scenario: you want to place an exacta wager but believe that three or four horses have a legitimate chance of placing first or second.

You have the option of boxing these selections, which allows you to play the horses you choose without having to worry about the order in which they will finish.

### EXACTA BOX

When you choose two or more horses in a race and want to cover every potential exacta combination with those selections, an exacta box makes this bet much easier to place and understand. For example, you like the numbers 4, 5, and 6 in the fifth race. The exacta demands you to choose the first and second horses in the exact order in which they finished, therefore the following five combinations would be included in this three horse box example. 4-5, 4-6, 5-4, 5-6, 6-4, and 6-5 are the scores.

The costs of several exacta boxes are listed in the following table:

### TRIFECTA BOX

When you choose three or more horses in a race and want to cover every potential trifecta combination with those selections, a trifecta box makes this wager more easier to place and understand. Example: You like the numbers 3,4,5, and 6 in the fourth race. The trifecta requires you to choose the first, second, and third horses in the exact sequence in which they finished the race, thus our four-horse box example would have 24 combinations: 3-4-5, 3-4-6, 3-5-4, 3-5-6, 3-6-4, 3-6-5, 4-3-5, and so on.

The following table illustrates the costs of various trifecta boxes in different combinations:

## WHEEL/KEY

The use of a trifecta box streamlines the process of selecting three or more horses in a race and covering every potential trifecta combination with those picks. Example: You like the numbers 3,4,5, and 6 in the fourth race, right? Right? The trifecta requires you to choose the first, second, and third horses in the exact sequence in which they finished the race, thus our four-horse box example would have 24 combinations: 3-4-5, 3-4-6, 3-5-4, 3-5-6, 3-6-4, 3-6-5, 4-3-5, and so on. For $24, you may request “$1 trifecta box, 3-4-5-6,” which will save you the trouble of placing all 24 bets individually.

### EXACTA WHEEL

In an exacta, you choose a horse to finish first or second and wheel it into the race to cover every possible combination, ensuring that if your horse finishes in the designated place, you will have the winning combination. For example, you are rooting for the fifth horse to win the seventh race, which features a field of seven horses. Due to the fact that the exacta demands you to choose the first and second horses in the exact sequence in which they finished, there are six possible combinations: 5-1, 5-2, 5-3, 5-4, 5-6, 5-7.

### DAILY DOUBLE WHEEL

When you pick a horse to win the first half of the Daily Double and wheel it, you cover every possible combination, ensuring that if your horse wins, you will have every horse in the second half of the Daily Double in your possession. For example, you are rooting for the fourth horse to win the first race. Considering that the Daily Double allows you to select the winners of two races in one day, the number of possible combinations is equal to the total number of horses in the other Daily Double event.

If there were 11 horses in the second race, the combinations would be: 4-1, 4-2, 4-3, 4-4, 4-5, 4-6.

It is also possible to “back wheel” a horse. In order to request a “$2 Daily Double wheel, ALL-7,” specify the horse you choose in the second half of the Daily Double wagering pool. In this situation, you will be victorious if number seven wins the second part of the Daily Double.

### EXACTA PART WHEEL

See the description under the Daily Double Part Wheel for more information.

### DAILY DOUBLE PART WHEEL

As an alternative to covering every potential combination, a part wheel limits the amount of available combinations while still simplifying the bet to be placed. “$2 Daily Double part wheel, 5 with 1,2,5, and 7” would be an example of such a deal. 5-1,5-2,5-55-7, and 5-1-55-7 are the four potential combinations covered by this.

### TRIFECTA PART WHEEL

The use of a trifecta part wheel when selecting horses to finish in specific places helps to reduce the number of individual bets required to cover all possible winning combinations. Example: You want the numbers 2 and 3 to finish first or second in the fourth race, and you want the numbers 4,5 or 6 to finish third. This would include six different combinations because the trifecta requires you to pick the first, second, and third horses in the same order that they finished, as follows: 2-3-4, 3-2-4, 2-3-5, 3-2-5, 2-3-6, and 3-2-6.

The triple part wheel allows you to prioritize your options based on your preferences.

### TRIFECTA WHEEL

In a trifecta, you choose a horse to finish first, second, or third and put it into the race. By doing so, you cover every possible combination, ensuring that if your horse finishes in the specified place, you will have the winning combination. Example: You predict that the third horse will finish second in the fourth race, which will have a ten-horse field. The trifecta requires you to pick the first, second, and third horses in the same order in which they finished, which results in a total of 72 possible combinations: 1-(3)-2, 1-(3)-4, 1-(3)-5.

(3) -4…10-(3)-9.

According to the following table, the cost of wheeling one horse to a certain place in the trifecta is calculated.

## Quinella Wheel Betting

An option for gamblers to place a quinella wheel wager is to choose one horse they anticipate will finish first or second and match it with various other horses to fill up the other winning positions. Even though the explanation may appear confusing to younger bettors, the quinella wheel is a straightforward wager in actuality. Matching Deposit Bonus of $150 (Promo Code: BUSA150) Get Bonus Bonus of $200 on your first depositBonus Code: BET200Get Bonus First, you may get up to $300 risk-free. Bet Get a $300 bonus by using the promo code RISKFREE300.

## How the Quinella Wheel Bet Works

Consider the astraight quinella as an example of how to understand the quinella wheel bet. An individual who places a straight quinella wager selects exactly two horses. The wager is successful if the horses finish first and second in any order. In a quinella wheel, the same concept is taken one step further by permitting the bettor to select one key horse and pair it with several other horses (a part wheel) or the entire field (an entire wheel) (full wheel).

Whenever the key horse finishes in first or second place, and any of the other selections finish alongside the key horse in the top two positions, the Quinella wheels pay out.

## Quinella Wheel Betting Examples

In situations where the bettor is certain that one particular horse is the best option in a race or represents good value, but has limited insight into which horse is likely to finish second, the quinella wheel is a strong play. Think about a race in which Horse8 appears to be the overwhelming favorite despite the fact that none of the other horses in the field are very noteworthy. In this scenario, the bettor may place a complete quinella wheel on Horse8, which would be coupled with every other horse in the field.

- This is similar to a place bet, but with a different betting pool and the possibility of a bigger payment.
- Consequently, the bettor should consider a part-wheel in order to avoid having his or her bet cost surpass his or her winnings in this situation.
- Part-wheel betting entails selecting one primary horse to finish first or second, as well as numerous additional horses to finish in the top-two positions adjacent to that pick.
- In this scenario, the bettor would put a $2 quinella wheel on the number 8 with the numbers 2, 3, 5, and 7 as the numbers.

## Quinella Wheel vs. Quinella Box

Both the quinella wheel and the quinella box perform the same functions, but the wheel is the superior choice for bettors who have a certain horse in mind. Because the wheel is less expensive while still covering all or most of the possibilities involving a single horse, when bettors have chosen one horse as the most likely contender to finish first or second, the wheel is the superior alternative. Consider the above-mentioned example: the quinella wheel on 8 with numbers 2, 3, 5, and 7 used five horses and cost a total of $8 because it was only allowed to produce results that involved horse8.

Quinella boxes are the preferable option when bettors have identified a number of good candidates but are unable to reduce the field any further than that.

## Exacta Wheel Betting

The Exacta Wheel bet involves selecting sets of horses that will finish first and second, respectively. This wager increases your odds of winning since one or more horses can be selected to finish in each place, increasing your chances of winning.

Do you know what the distinction is between Exacta Wheel and Exacta Box bets? Exacta Wheel wagering necessitates a specified order from two different groups of horses. Any order of three or more horses is required for exacta box betting.

The Exacta Key Concept is an acronym that stands for exacta key concept. This wager is explained in further detail in the video below. There are no differences in the procedures for Exacta, Trifecta, and Superfecta wagers. Rewind the video to go through each straight bet one more time.

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Keying is the process of choosing a group of horses to finish in a specific position. Exactas are used in the first and second positions, respectively. This implies that for each Exacta Wheel, two keys must be created. Start using the key that corresponds to the first position. Choose one or more horses from the list. Consider the following scenario: horses 1, 2, 3, 4, and 56 are racing. Horses 41 is an example of the first key. As a result, horses 4 and 1 must finish first and second, respectively.

Example Horses 2, 5, and 6 are the second key.

You can only win if horses 2, 5, or 6 finish in second place, respectively.

Example Winning combinations. Key 1 Horses 41. Key 2 Horses 2, 5 or 6Finishing Order | Result |
---|---|

4,2 | Win |

4,5 | Win |

4,6 | Win |

1,2 | Win |

1,5 | Win |

1,6 | Win |

Finishing Order | Result | Why? |
---|---|---|

6,4 | Lose | Horse 6 from second key. Horse 4 from first key. |

5,1 | Lose | Horse 5 from second key. Horse 1 from firstkey. |

3,5 | Lose | Horse 3 not in first key. Horse 5 correct. |

4,1 | Lose | Horse 4 correct. Horse 1 not in second key. |

2,6 | Lose | Horse 2 not in first key. Horse 6 correct. |

Exacta Wheel Bets are $2 per combination on the board. Take a look at the following samples. We’ve placed keyedhorses in the top and second spots, respectively. The cost of an Exacta Wheel is $2 multiplied by the number of possible combinations. Calculating the Cost of an Exacta Wheel: Calculate the sum of the numbers of first key horses multiplied by the number of second key horses. Then multiply the sum by the number of horses found in both keys (Cost per combination) Exemplification 1: Exacta Part Wheel Horses 12 and 7 are your first and most important keys.

In both keys, there are no horses to be found.

5 Horse Exacta Wheel Combinations. 2 horse first key. 3 horse second key.Finishing Order | Cost Each |
---|---|

12,8 | $2 |

12,4 | $2 |

12,13 | $2 |

7,8 | $2 |

7,4 | $2 |

7,13 | $2 |

Total Cost | $12 |

The following is an example of an exacta full wheel (1,2,ALL). Horses 1 and 2 are the first two keys to unlocking the door. Your second key is represented by horses 3,4,5,6,7, and 8. ((2 horses x 6 horses) – (0 horses both keys)) x ((2 horses x 6 horses)) x (Cost per combination)

8 Horse Exacta Wheel Combinations. 2 unique horse first key. 6 unique horse second keyFinishing Order | Cost Each |
---|---|

1,3 | $2 |

1,4 | $2 |

1,5 | $2 |

1,6 | $2 |

1,7 | $2 |

1,8 | $2 |

2,3 | $2 |

2,4 | $2 |

2,5 | $2 |

2,6 | $2 |

2,7 | $2 |

2,8 | $2 |

Total Cost | $24 |

Tables of Exacta Betting Costs Calculating the cost of an exacta wheel is as follows: (((Number of first key horses x Number of second key horses) – (Number of horses discovered in both keys)) x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x (Cost per combination)

Key 1 Horses | Key 2 Horses | Total |
---|---|---|

1 | 2 | $4 |

1 | 3 | $6 |

1 | 4 | $8 |

1 | 5 | $10 |

1 | 6 | $12 |

1 | 7 | $14 |

1 | 8 | $16 |

2 | 2 | $8 |

2 | 3 | $12 |

2 | 4 | $16 |

2 | 5 | $20 |

2 | 6 | $24 |

2 | 7 | $28 |

2 | 8 | $32 |

3 | 2 | $12 |

3 | 3 | $18 |

3 | 4 | $24 |

3 | 5 | $30 |

3 | 6 | $36 |

3 | 7 | $42 |

3 | 8 | $48 |

4 | 2 | $16 |

4 | 3 | $24 |

4 | 4 | $32 |

4 | 5 | $40 |

4 | 6 | $48 |

4 | 7 | $56 |

4 | 8 | $64 |

5 | 2 | $20 |

5 | 3 | $30 |

5 | 4 | $40 |

5 | 5 | $50 |

5 | 6 | $60 |

5 | 7 | $70 |

5 | 8 | $80 |

6 | 2 | $24 |

6 | 3 | $36 |

6 | 4 | $48 |

6 | 5 | $60 |

6 | 6 | $72 |

6 | 7 | $84 |

6 | 8 | $96 |

7 | 2 | $28 |

7 | 3 | $42 |

7 | 4 | $56 |

7 | 5 | $70 |

7 | 6 | $84 |

7 | 7 | $98 |

7 | 8 | $112 |

8 | 2 | $32 |

8 | 3 | $48 |

8 | 4 | $64 |

8 | 5 | $80 |

8 | 6 | $96 |

8 | 7 | $112 |

8 | 8 | $128 |

See Also |
---|

Exacta Betting |

Exacta Box Betting |

Quinella Betting |

## What Is A Box Bet, Wheel Bet, And Each Way Bet? – Only Players

Horse racing offers a variety of wagers that are distinct from those seen in other sports, including the box bet, each way bet, wheel bet, and part wheel bet. We understand that all of these new phrases might be overwhelming, so we’ve broken them down for you. A box bet is an alternative to exotic bets, which choose horses in the order of their finishing position. Instead, a box bet covers all conceivable combinations for that race in any sequence, regardless of how they are arranged. There are several other sorts of box bets that you may place, including exacta boxes, trifecta boxes, and so on.

- This allows you to place bets on various horses that you are interested in without having to worry about the order in which they finish.
- Unlike a box bet, this sort of wager involves selecting one key horse to finish in a specified position, followed by other horses to finish inside the other places for the race in which the key horse is to finish.
- There are two sorts of wheel bets: whole wheel and half wheel.
- Both bets are contingent on your key horse finishing in a specific position.
- You can choose only some of the horses in the field to finish in the remaining spots if you place a half wheel bet on the race.
- 1 to finish in second.
- 1 finishes second and one of the other five horses finishes first in a whole wheel bet.

1 finishes second and one of the particular horses you pick finishes first, you will win a half wheel bet.

An each-way bet is quite prevalent in the world of horse racing betting.

Both bets must have the equal amount of money staked on them.

If your selection wins the race, you will have earned a profit on both bets.

In order for the placing bet to win, the horse picked must finish in one of the top three positions as decided by the bookmaker.

According to the bookmaker, the number of horses who finish in the top three varies depending on the number of horses entered in the race.

In the event that you are not confident in the horse you chose to win, this bet might be a wonderful hedge against disappointment. Image courtesy of Google Creative Commons Licenses, and Stevens Places His Bets Twitter

## What are Wheeled Bets?

Wheeled bets allow you to place bets on a large number of different combinations. Pick several horses to finish in any position, and any number of additional horses to finish in the remaining spots if necessary. For example, if you know which horse will win but aren’t sure which horse will come second (or vice versa), you may put a wheeled exacta wager, which entails placing a wager on one horse in addition to many others. Example: Your wager will be graded as a win if the first two finishers in the race are 2-4, 2-5, or 2-7, depending on how you wheel the 2 horse with the 4, 5, and 7 horses (2 / 4, 5, 7).

- You should keep in mind that the amount at stake for every wheeled wager will be multiplied by the number of wheeled selections you have made in total.
- What is the procedure for placing a wheeled bet?
- Exacta, Trifecta, etc.).
- You can choose numerous horses to finish in any position on the leaderboard.
- 3.To add your selections to the Bet Slip, go to the bottom of the entry table and click ‘Add to Betslip.’ If you are using a mobile device, the Bet Slip may be accessed by clicking on the Bet Slip symbol located at the bottom of the page.
- 4.In the box provided, enter your stake, or the amount of risk you are willing to take.
- Following that, you will get a confirmation page containing your wager reference number.
- For further details on how your compensation is determined, please see the following link.

## Horse Racing Calculator – Betting Type Costs and Payouts

When placing wagers on horses online, you will always use the program number that has been issued to that horse. If you see the numbers a1 and 1A, you will receive two horses for the price of one. This is referred to as “a submission.” Entries occur when two (or more) horses are entered into a race, and the horses may be owned by the same person (or a portion of the same person), or the horses may be trained by the same trainer. When it comes to “entry,” each state has its own set of rules, and many racetracks allow two horses from the same owner and/or trainer to compete under two distinct program numbers.

- Horses with a “F” next to their numbers are grouped together in the same manner that entries are grouped together, thus 16F, 17F, 18F, 19F, and 20F would all be put together as 16 on the wagering menu.
- If you bet on a horse to win, the horse must be the first to cross the finish line.
- The show wager is the most cautious bet, since a horse can finish first, second, or third, providing you three chances to pay your ticket if your horse finishes first, second, or third.
- The ultimate payment will be calculated based on the total number of wagers received from all simulcast sources.
- In the pari-mutuel system, the track or simulcast outlet receives a portion of the money wagered, which is referred to as the “takeout.” The takeout is used to cover racecourse expenditures, purse money, state and municipal taxes, and other related fees.

Regardless of whether a favorite wins or whether the longest shot on the board prevails, the track or simulcast provider receives the same percentage of your money. The tracks want you to win so that you will re-bet the money you have won.

### Win Odds and Approximate Payoffs

1-9 | $2.20 | 5-2 | $7.00 |

1-5 | $2.40 | 3-1 | $8.00 |

2-5 | $2.80 | 7-2 | $9.00 |

1-2 | $3.00 | 4-1 | $10.00 |

3-5 | $3.20 | 9-2 | $11.00 |

4-5 | $3.60 | 5-1 | $12.00 |

Even | $4.00 | 6-1 | $14.00 |

6-5 | $4.40 | 10-1 | $22.00 |

7-5 | $4.80 | 12-1 | $26.00 |

3-2 | $5.00 | 15-1 | $32.00 |

8-5 | $5.20 | 20-1 | $42.00 |

9-5 | $5.60 | 50-1 | $102.00 |

2-1 | $6.00 | 60-1 | $122.00 |

99-1 | over $200* |

* Although most track toteboards will indicate a maximum of 99-1 odds, it may be presumed that the odds are larger than 100-1 in most cases. Payouts are calculated as the sum of your earnings plus the return of the $2 you initially staked. A 5-2 winner indicates that for every $2 risked, the bettor will get a $5 profit. The payment is $7, which consists of your profit ($5) plus the cost of your gamble ($2), for a total of $7.

### Figuring the Cost of Your Online Wager

To place your bet on a Daily Double, you must pick the winner of two consecutive horse races.

#### $2 Daily Double Costs:

Basic Daily Double: 11 | $2.00 (one horse in each of the two races) |

$2 Daily Double Part Wheel: 1,2,4 with 1,5,7 | $18.00 (3 horses in each race = nine combinations) |

The cost is calculated as follows: multiply the number of horses in the first leg by the number of horses in the second leg, multiplied by the amount of money you bet on your Daily Double.

#### $2 Daily Double Wheel and Part Wheel Costs:

$2 Daily Double Wheel: 1 with ALL (ten horses in second race) | $20.00 (ten possible combinations) |

### Exacta (also known as Perfecta) Calculator

When you place an exacta bet, also known as a perfecta bet at some horse racing facilities, you are required to choose the first two finishers in exact or perfect order. When you play an exacta part wheel, you enhance your chances of winning while simultaneously raising your costs. If the horse you have at the top of the betting board is a longshot, or if you want the favorite to win but have a couple of longshots who may finish second, you should play the wheel or portion of the wheel.

#### $2 Exacta Costs:

You should use an Exacta Part Wheel if you have a favorite horse that you want to win but numerous other horses that you want to finish second.

Exacta Wheel 1 with all (ten horses in race) | $18.00 (nine combinations) |

Exacta Part Wheel 2 with 3,4,5,6 | $8.00 (four combinations) |

Exacta Part Wheel 2,3,4 with 2,3,4,5,6 | $24.00 (12 combinations) |

The cost of an exacta may be calculated as follows: multiply the number of horses used on top of the exacta or in the win position by the number of horses used in the second position (less one if the same number is used on top in the exacta). Alternatively, you may place a $1 exacta wager, which pays out half of the $2 exacta payout and, as a result, reduces your investment by half. It should be noted that certain races accept a $1 exacta as a starting wager amount. Do you observe a horse who appears to be suffering from “seconditis”?

Exacta Part Wheel 3,4,5,6 with 2 | $8.00 (four combinations) |

Exacta Part Wheel 2,3,4,5,6 with 2,3,4 | $24.00 (12 combinations) |

#### $2 Exacta Box Costs:

Your picks can finish first or second in any order if you use the Exacta Box, which implies they can finish in any order. When employing three or more horses in your Exacta Box, any two of your horses must finish first and second in order for the box to be considered successful. Exacta Boxes are $2 each.

Exacta Box 1,2 | $4 (two combinations) |

Exacta Box 1,2,3 | $12 (six combinations) |

To calculate the cost, use the following formula: Multiply the number of horses used by the number of horses used less one to get the total number of horses utilized. Other exacta pairings are as follows:

Exacta Box 1,2,3,4 | $24 (12 combinations) |

Exacta Box 1,2,3,4,5 | $40 (20 combinations) |

Exacta Box 1,2,3,4,5,6 | $60 (30 combinations) |

Exacta Box 1,2,3,4,5,6,7 | $84 (42 combinations) |

### Quinella Calculator

In a Quinella, you choose two horses who can finish in whatever order they want. It is essentially the same as an Exacta Box in terms of functionality. A $2 Quinella will cost the same as a $1 Exacta Box in terms of overall cost, and it should theoretically pay out around the same. Expert handicappers will examine the likely payoffs for the Exacta and Quinella to determine whether or not there is a distinct advantage to betting in either the Exacta or Quinella pool. If a favorite does not win, an Exacta with the same total cost as the Quinella might pay significantly more than the Quinella.

If a favorite wins, the Quinella might pay out a higher percentage of the winnings. To calculate the cost of a Quinella, follow the same procedure as for calculating the cost of an Exacta Box, but instead divide the amount by half.

### Trifecta Calculator

In a Trifecta wager, you are choosing the first three horses to cross the finish line in the same order they finished. You are picking one horse to finish first, and any two of the other horses you have picked must finish second and third in order for you to win a Trifecta Key.

#### $1 Trifecta Key Costs:

1 with 2,3,4 (2,3,4 also in third position) | $6 (6 possible combinations) |

1 with 2,3,4,5 (2,3,4,5 also in third position) | $12 (12 possible combinations) |

1 with 2,3,4,5,6 (2,3,4,5,6 also in third position) | $20 (20 possible combinations) |

1 with 2,3,4,5,6,7 (2,3,4,5,6,7 also in third position) | $30 (30 possible combinations) |

1 with 2,3,4,5,6,7,8 (2,3,4,5,6,7,8 also in third position) | $42 (42 possible combinations) |

To calculate the cost of a Trifecta Key, multiply 1 times the number of horses you used times the number of horses you used minus one to get the total cost of the Trifecta. For example, a $1 Trifecta Key 1 with the numbers 2, 3, and 5 would have a total of 12 unique combinations (1 x 4 x 3).

#### Trifecta Part Wheel Costs:

Depending on the configuration of the Trifecta Part Wheel, you may have one or more horses in the top position, one or more horses at second place, and one or more horses at third place in the wheel.

$1 Trifecta Part Wheel 1 with 2,3,4 with 2,3,4,5 | $9 (9 possible combinations) |

$1 Trifecta Part Wheel 1,4 with 1,2,3,4 with 1,2,3,4,5,6 | $24 (24 possible combinations) |

Another option is to use your key horses in the second or third place of a Trifecta Part Wheel, such as the following:

$1 Trifecta Part Wheel 1,2,3,4 with 1, 4 with 1,2,3,4,5,6 | $24 (24 possible combinations) |

A Trifecta Part Wheel costs what is multiplied by the number of horses in the first position times the number of horses in the second position minus 1, times the number of horses in the third position minus 2, times the number of horses in the fourth position minus 2.

#### Trifecta Box Costs:

Trifecta Boxes require any of the horses you choose to finish first, second, or third in any order in order to win.

$1 Trifecta Box with three horses | $6 (6 possible combinations) |

$1 Trifecta Box with four horses | $24 (24 possible combinations) |

$1 Trifecta Box with five horses | $60 (60 possible combinations) |

$1 Trifecta Box with six horses | $120 (120 possible combinations) |

$1 Trifecta Box with seven horses | $210 (210 possible combinations) |

### Superfecta Calculator

A Superfecta is a wager in which you choose the top four horses in the order in which they finished.

#### Superfecta Part Wheel

You can place one or more horses in any of the four locations by pressing the corresponding keys. If you have a favorite horse, you may wish to put that horse at the top of the list.

#### $1 Superfecta Key:

1 with 2,3,4 (2,3,4 also in third and fourth position) | $6 (6 possible combinations) |

1 with 2,3,4,5 (2,3,4,5 also in third and fourth position) | $24 (24 possible combinations) |

1 with 2,3,4,5,6 (2,3,4,5,6 also in third and fourth position) | $60 (60 possible combinations) |

#### Superfecta Part Wheel Costs:

Another option is to do a Superfecta Part Wheel, in which you place one or more horses in each of the four spots.

$1 Superfecta Part Wheel 1 with 2,3,4 with 2,3,4,5 with 2,3,4,5,6 | $27 (27 possible combinations) |

The dime Superfecta wagers allow you to place this wager in increments of $.10, allowing you to win more money. Not every track has the dime superfecta.

#### Superfecta Box Costs:

$1 Superfecta Box with four horses | $24 (24 possible combinations) |

$1 Superfecta Box with five horses | $120 (120 possible combinations) |

$1 Superfecta Box with six horses | $360 (360 possible combinations) |

$1 Superfecta Box with seven horses | $840 (840 possible combinations) |

### Pick Three Calculator

The Pick Three is a game in which the goal is to correctly predict the winners of three consecutive races. If you want to know how much it will cost you to play the Pick Three, multiply the number of horses in the first leg by the number of horses in the second leg, and then multiply that number by the number of horses in the third leg. For example, a Pick Three Part Wheel 2 with the numbers 4, 6, 9, with the numbers 1, 2, 7, 8, 10 = (1 horse x 3 horses x 5 horses) = 15 potential combinations or $15 based on a $1 Pick Three wager.

### Pick Four Calculator

The Pick Four is a game in which the goal is to correctly predict the winners of four consecutive races. To figure out the cost of a Pick Four, use the same method as explained above for the Pick Three, but multiply it by the number of horses in the fourth leg to get the total cost. 2 with 4,6,9 with 1,2,7,8,10 with 3,7,8 = (1 horse x 3 horses x 5 horses x 3 horses) = 45 potential combinations or $45 for a $1 Pick Four, for example.

### Pick Six Calculator

Choose the winners of six races in a row to get points. If no one has identified all six winners before the end of the Pick Six, there will be a carryover. If no one has picked the Pick Six, there is a consolation prize for having the greatest number of wins, and a consolation prize for having 5 of 6 winners if the Pick Six is selected. To find out how much the Pick Six will cost, multiply the number of horses entered in each race by six. If the Pick Six at this track is a $1 wager, this will be the total if the wager is $1.

As an example, two horses in each race would have 64 possible combinations, which would equal $64 in the case of a $1 Pick Six and $128 in the case of a $2 Pick Six.

There would be 729 permutations of three horses in each race, which would equal $729 for a $1 Pick Six and $1,458 for a $2 Pick Six.

If you are able to choose a single or two horses in your Pick Six, you will be able to go farther in other races. Take, for example, the number of possibilities in one eight, two eights, one six, and five fives equals 480 combinations, which is $480 for a $1 Pick Six and $960 for a $2 Pick Six.

### Pick All Type of Wagers

The Pick All (a Pick 8 if there are 8 races, a Pick 10 if there are ten races, and so on) is only available at California horseracing grounds, but it is a fantastic gambling option for those who live outside of California. Pick All is a betting strategy in which the goal is to select horses in each race who have a chance to finish first or second in each of the races on the card. Every one of your horses will have a second opportunity in each of the Pick All races as a result of this. To calculate the cost of this wager, multiply the number of horses in each division by the same factor that you used in the Pick Six.

For example, two horses in each race in a Pick All with eight races would be: 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 x 2 You may reduce this to a total stake of $64 by placing two single bets and six races in which two horses are entered in each race.

The Pick All is paid out every day, and there is no carryover for any of the winning combinations.

Returning to the support

## Part Wheel Strategy and The Mathematics

Before, we discussed a Trifecta Part Wheel example in which a key horse was placed in the first position, as well as the mathematics for computing the number of permutations of a Part Wheel wager in the Pyramid Style, which we discussed previously. To view the whole article, please visit this link. In this post, we’ll go through the arithmetic that goes into selecting the winning horse when more than one horse is entered in the race. In addition, we’ll go over the arithmetic associated with a SuperfectaPart Wheel wager that’s identical to this one.

Horse | Odds | Thoughts |
---|---|---|

1 | 2-1 | Your top selection, with high marks on Class, Distance, Form, and Pace. |

2 | 5-1 | Up and coming horse, improving with every start, but not quite up to the level of1 yet. |

4 | 8-1 | Horse with past ability, off for 6-months, and workouts are solid. |

6 | 12-1 | Trainer statistics for this type of race show good percentage of horses hitting the board, but low win%. |

9 | 20-1 | Horse that rarely wins, but manages to finish 3rd from time-to-time at double digit odds. |

11 | 40-1 | Beyer Figs are well below the contenders, but with some improvement maybe good enough to hit the board. |

After additional consideration, we conclude that2 (with a little amount of improvement) has a legitimate chance of winning this race. As a result, rather of only typing 1 in the victory position, we chose to add both 1 and 2 in the win spot as well. In addition, we determine that there are only four horses (1, 2, 4, and 6) who are good enough to compete for the top two positions. In light of these assumptions, the following is how our new Part Wheel appears: $2 Trifecta: Part Wheel, withwith, and withwith.

Despite the fact that these combinations will not appear on your ticket, they are indicated by the Part-Wheel wager.

So, how did we get at the 24 possible combinations?

In where is the number of horses in the first position, is the number of horses in the second position, and is the number of horses in the third position Total Combinations = A multiplied by (B-1) multiplied by (C-2) Here are a few illustrations:

Part Wheel Trifecta Wager | Math:A x (B-1) x (C-2) | Combinations | Cost (Presuming $2 wagers) |
---|---|---|---|

1,2 with 1,2,4,6 with 1,2,4,6,9,11 | 2 x 3 x 4 | 24 | $48 |

1,2 with 1,2,4,6,9,11 with 1,2,4,6,9,11 | 2 x 5 x 4 | 40 | $80 |

1,2 with 1,2,4,6 with 1,2,4,6,8,9,11 | 2 x 3 x 5 | 30 | $60 |

1,2 with 1,2,4 with 1,2,4,6,8,9,11 | 2 x 2 x 5 | 20 | $40 |

Please keep in mind that this example was based on a $2 wager, so don’t be put off by the large sums of money necessary for any of these bets. Trifecta wagering is permitted at almost all tracks, with some allowing wagers as little as 50 cents on certain days. Consequently, switching from a $2 Trifecta to a 50-cent Trifecta would reduce the foregoing investments to $12, $20 (15), $15, and $10, respectively.

## SuperfectaPart-Wheel Math

Superfectas (selecting the top four finishers) add another another degree of complexity to the mathematics, while also allowing for even more combinations to be created. However, practically all major racetracks now offer a Superfecta wager with a minimum payout of ten cents. As a result, they may be an appealing move for even the most inexperienced players. Described here is the mathematics involved in calculating the number of possible combinations in a Superfecta Part Wheel (Pyramid Style).

All possible combinations are given by the formula: A multiplied by B multiplied by C multiplied by (D-3) * NOTE: As with the Triple Maths, this assumes that you are adding (Pyramid Style) horses to each “leg” of the wager as you progress through the game.

Part Wheel Superfecta Wager | Math:A x (B-1) x (C-2) x (D-3) | Combinations | Cost (Presuming 10-cent wagers) |
---|---|---|---|

1,2 with 1,2,4,6,9,11 with 1,2,4,6,9,11 with 1,2,4,6,9,11 | 2 x 5 x 4 x 3 | 120 | $12.00 |

1,2 with 1,2,4,6 with 1,2,4,6,9,11 with ALL | 2 x 3 x 4 x 8 | 192 | $19.20 |

1,2,4,6 with 1,2,4,6 with 1,2,4,6,9,11 with 1,2,4,6,9,11 | 4 x 3 x 4 x 3 | 144 | $14.40 |

1,2,4,6 with 1,2,4,6 with 1,2,4,6,9,11 with ALL | 4 x 3 x 4 x 8 | 384 | $38.40 |

Each of these bets offers a unique tale in its own way. In the top two, we are quite certain that either 1 or 2 will win, and we are “spreading out” to varying degrees in the “lower legs” of the Superfecta wager in the third and fourth places. In the second scenario, all of the horses in the fourth slot are used. The following two instances demonstrate that we are certain that the top two finishers will come from a group of four horses (1,2,4,6), and that we will then spread out from that group of four horses.

You may create many different Superfecta Part Wheel tickets using the methods listed below: It is highly recommended that you read Steve Crist’s book, Exotic Betting: How to Make the Multihorse, Multirace Bets that Win Racing’s Biggest Payoffs, for numerous innovative approaches to this sort of play.

## What is a Wheel Bet in Horse Racing?

In horse racing, there are many different sorts of wagers to choose from. “Wheel betting” is a type of wager that you might find interesting. Whenever you place a wheel bet, you first choose a key horse to win, and then you choose a selection of horses to finish in the following positions. Because there are several variations on the wheel bet, the exact locations of the bets vary depending on the type of wheel bet being played. You can also select to have your important horse finish second, third, or fourth, if you want to be more conservative.

- As an example, if you select a specific horse to finish second and a group of horses to finish first and third, you are “wheeling” the first and third place finishers to their respective positions.
- As a result, wheeling is an excellent choice when you are confident in your ability to predict the outcome of one horse but are unsure about the outcome of the others.
- It is necessary to select a key horse to finish in a specific position, and then “wheel” all of the other horses to finish in the other locations.
- Once again, you have a critical horse in mind that you believe will finish in a specific place.

Exotic wagers are similar to straight wagers in that they can be placed using a wheel bet to determine the outcome. In reality, it is possible to do so with the majority of exotic bets. Exotic wagers can be placed on a variety of wheel bets, the most common of which are as follows:

- A number of different types of wheels are available, including the Exacta Wheel, Exacta Part-Wheel, Trifecta Wheel, Trifecta Part-Wheel, Superfecta Wheel, Superfecta Part-Wheel, Daily Double Wheel, Daily Double Part-Wheel, Superfecta Part-Wheel, and Superfecta Part-Wheel.

One of the best aspects about online betting is that it makes it rather simple to choose the horses you wish to bet on in a wheel bet. In person, this might be a difficult decision to make, but yourbetting site simplifies the process by providing a variety of options. While you’re at it, take the time to learn about box wagers as well. You may also put this sort of wager when you are unsure of the exact placement of horses in a race, but you still want to be a part of the excitement!

## Everything you need to know to bet on horse racing

During the months of May and June, everyone’s thoughts turn to the three Triple Crown races — the Kentucky Derby, the Preakness Stakes, and the Belmont Stakes — as they prepare to follow horse racing, if only for a few weeks at a time. Therefore, it occurred to us that for those who are only casual observers of the sport, it may be difficult to know where to look for all of the relevant information and data. Consider this a little bit of a primer to help you look you look smart, impress your friends, and maybe even make a few dollars profit.

While some players only look at past performances, others are pure physical handicappers (meaning they watch the horses prior to the race and pick out which ones look the best), while others play pedigrees, others compile their own speed and pace figures, and still others come up with novel and inventive ways to choose their horse.

- If you’re looking for raw data, which is the lifeblood of horse racing handicapping, you’ll want to become familiar with a few websites, including theDaily Racing Form, Equibase, and Brisnet.
- In most cases, entries (along with morning line odds), scratches and changes, as well as results charts, are all completely free.
- At Equibase, you can access entries, changes/scratches, and results charts without registering.
- The registration is free.
- You can buy a Racing Form in print at your local newsstand or gas station (there’s a Form Finder on their website), or download the Form over the internet at their website using their Formulator program.
- Most of these sites will have samples of what their PPs look like and it’s a good idea to see what’s out there and what works for you if you want to buy this type of information.
- Tip sheets, data programs, betting strategies, pedigree analysis, and on and on and on.
- If you are just starting out in this game, start slow.
- As you get more into the game you’ll start to know what information you want to have and what information is just a waste of money.
- Even if in the future you utilize other methods than past performances to handicap a race, the foundation of handicapping knowledge can be built by learning how to read a racing form — whether it’s a form by DRF, Brisnet, Equibase, or something entirely different.
- A form can be very intimidating if you have no idea what any of the names and numbers represent, but once you learn the vocabulary it can be as beautiful as a priceless work of art.

Simply put, “speed” is related to how fast the horses run the entire race; “pace” concerns how fast the horses run at different points of a race; “form” is related to the current condition of the horse and whether it has been running good or bad in its recent races, and “class” relates to the level of competition a horse has been competing against.

- Learning to read a set of past performances isn’t difficult but it’s also something perfected over time.
- You’ll also start to develop you’re own handicapping style, which is when the game starts to become a lot of fun — when you start picking winners based on your own theories and conclusions.
- The two horse racing channels areTelevision Games(TVG) andTVG2.
- Most cable companies offer TVG, although many have it as part of a sports pack or something similar.
- Live video streaming is provided free by a few tracks (too few, if you ask me) (too few, if you ask me).
- They also provide free replays.
- If you want to watch the action from all tracks over the net you can usually watch through a wagering website if you are a registered member.
- Just watching horse racing is great, but the true thrill of the game is the ability to put your money where you mouth is and bet on the horses.
- Below is a list of a few of the larger ADWs that people use to wager.
- If you decide to sign-up with an ADW, make sure you read all of the rules and requirements.
- Also, like the TV networks, not all ADWs carry every track.

Below is a short list of the big, well known ADWs. There are many others out there – some good, some not so good. We make no representation about any of these; some we’ve used in the past, others we’ve never played with.

### Betting Terminology

To get this out of the way, let’s go over some of the terms used in betting on horses, as well as some of the many sorts of wagers that may be placed on them. On Derby Day, Churchill Downs will be offering a cornucopia of wagering choices, as detailed below: The term “win” refers to a wager on a horse to win (if you don’t know what this means, you shouldn’t be betting). A wager on a horse to finish first or second is known as a place bet. SHOW:A wager on whether a horse will finish first, second, or third.

- They are straightforward and straightforward in design, and they are simple to calculate the cost of and to construct.
- The following are the exotic wagers that will be available at Churchill Downs this weekend: EXACTA: A wager on who will finish first and second in a race is known as an exacta.
- A wager on who will finish first, second, third, and fourth in a race is known as a SUPERFECTA bet.
- PICK 3: This is a wager in which the winners of three consecutive races are selected.
- PICK 5: A wager in which the winners of five consecutive races are selected.

### The odds: how much you will win

Horse racing wagering is done through pari-mutuel wagering, which is a type of gambling in which each participant is betting against other players rather than against the house. After taking a portion of the entire pool (typically 15 to 20 percent), the remaining funds are distributed to all participants who have purchased winning tickets. The odds show the proportion of the total pool that each horse will get from the betting pool. In most cases, the total is greater than 100 percent due to the inclusion of the track take.

The amount you’ll receive if you win your win bet may be calculated by dividing the odds by their denominators, multiplying that number by the amount staked, and adding the total of the amounts bet.

The return on a $10 win bet on a horse with 7/2 odds is 3.5 x 10 + 10 = $45 Place and Show payments are more difficult to compute because the odds on such wagers are not displayed on the track’s website.

Exotics payouts are a mixed bag; while tracks show the “Will Pays” for exactas and daily doubles, you won’t know how much your trifecta, superfecta, Pick 3, and other exotics will pay until the sequence is completed and the results are announced.

In the event that a superfecta box with a number of low-priced horses pays off, you’re going to be extremely dissatisfied if it pays off. Finding some longer priced horses to play alongside some shorter priced horses is the key to putting together greater winning totals.

### How much will it cost?

We have a slew of exotic bets where you are attempting to predict the finish order or the winners of many events, and we have them all. Many first-time bettors believe that to place an exacta (or trifecta, or any other exotic wager), you must utilize just two (or three, or four) horses in your wager. This is not true. There is no limit to the number of horses that can be selected, but the more horses that are selected, the more expensive your ticket gets. First and foremost, knowing how much a given wager would cost is essential in establishing how much a wager will cost in the first place.

- Exacta: $2 for straight bets; $1 for wheels and boxes bets Trifecta:$0.50 Superfecta: $1.00 on Derby Day (the minimum wager is $0.10 on all other days).
- These terms relate especially to exactas, trifectas, and superfectas, and they are defined as follows: It is possible for your picks to finish in any order if you place a BOXED bet.
- It is possible to “BOX” the three horses in an exacta, and you would win if any of those three horses finished first and second in the race.
- For example, suppose you believe the number one will win, but believe the numbers two, three, and four will come second.
- If any of the numbers 2-3-4 win and the number 1 comes in second, you would not have won with that exacta wheel.
- The quick answer is that it is more expensive to box a bet.
- There isn’t a problem here.

Alternatively, it may be phrased as follows: Selections are as follows: 1-2-3-4-5 (five horses) Cost of a $1 Exacta Box: $1 x 5 x 4 = $20 Does that make sense?

As an illustration: Selections are as follows: 1-2-3-4-5 Cost of a $1 Trifecta Box: $1 x 5 x 4 x 3 equals $60.

You can see how the prices begin to increase in a box situation since you are attempting to play every conceivable combination of numbers with those figures.

Consider the circumstances described above once again.

Here’s how you’d figure out how much the bet would cost: Selections: 1-2 to finish first, 1-2-3-4-5 to finish second, 1-2-3-4-5 to finish third Exacta Wheel with a $1 bet Cost: $1 multiplied by two is $8.

If you omitted the horses number one and number two from the second slot but still utilized five horses, the bet would work out like this: Selections: 1-2 to finish first, 3-4-5-6-7 to finish second, and 1-2 to finish third.

Due to the fact that you are playing fewer combinations, you can see that an exacta wheel bet is almost half the price of a box situation right immediately.

As an aside, if you were at the track or an off-track betting facility and wanted to place either of those exacta bets in person, you would walk up to the window and say: “Track Name, Race Number: $2 Exacta Box, 1-2-3-4-5” or “Track Name, Race Number: $2 Exacta, 1 and 2 with 1-2-3-4-5.” Using the word “with” separates horses from the first, second, third, and fourth spots and delivers them to the clerk.

Also, always double-check your ticket before walking away.) The procedure for calculating trifecta and superfecta wheels is the same as the calculation for calculating the exacta bet above.

So now that we’ve covered the vertical exotics (exacta, trifecta, and superfecta), let’s move on to the horizontal bets, which are among the most popular wagers at the track.

An example of a horizontal wager is a Pick 4, in which you attempt to predict the winners of four consecutive races.

If you want to place a wager on more than one horse, the cost of your ticket will grow with each additional horse added to the mix, just like with any other type of wager.

The practice of using only one horse in a given race, as is done in our example’s third race, is referred to as “singling” a horse.

A vertical wager’s cost may be calculated in a straightforward manner: simply multiply the wager amount by the number of options in each leg.

The importance of the “single” should be self-evident; if we had chosen two, three, or four horses in that third race, the cost of our ticket would have doubled, tripled, or quadrupled, respectively.

Nevertheless, the majority of players want to select one race in which they have a prime single so that they may employ more horses in the races where the field appears to be more wide-open.

Our Pick 4 example above might be played with a $1 base, a $2 base, or any other amount you like.

If you’re feeling a bit overwhelmed by the sheer number of betting alternatives available, you can take comfort in the knowledge that you don’t have to participate in them all.

If you are unable to predict which horse will win a race, you should avoid placing bets on races in which you must also predict which horse will finish second, third, or fourth.

In poker, you must go “all in” when you believe you have an edge, not simply because you want to be involved in the activity.

Since then, the guidelines have been updated and consolidated into a single resource.