The Most Popular Horse Racing Bets

With some more well-known than others, there’s a world of different bet types for you to choose from before the next big race. Changing up the types of bets you make is a great way to stay engaged in your horse betting pastime and make it that much more fun:

·        The Duet Bet

Duets ask bettors to choose two of the first three horses to cross the finish line, and it doesn’t matter which position they occupy. This bet type pays out in three different dividends:

  1. 1st and 2nd
  2. 2nd and 3rd
  3. 1st and 3rd

This raises the likelihood of you seeing a return, and they’re pretty easy to predict correctly if you’ve done your homework.

·        The Each Way Bet

If you’re betting on ufc odds any other race, each way means that you’re putting an equal sum of money on a horse to win and place. If your selection comes in first place, you’ll receive percentages of the win and place dividends. If your selection finishes second or third, you’ll only get a percentage of the place dividend.

·        The Exacta Bet

The exacta is very similar to a quinella, except that you’re required to select the first two horses to finish in order. The increased difficulty of doing this correctly means the returns for an exacta are high.

·        The First 4 Bet

First 4s are similar to trifectas, but they ask you to choose the first 4 horses in exact order. These can also be boxed, but the cost per unit will be accordingly increased.

·        The Place Bet

Place betting on big horse races is well-liked because it’s easier to win than the win bet. You need to select one runner to finish in either the first, second, or third placings. Remember, however, that, due to its being easier, place betting pays out less than win betting does. You’re usually looking at roughly one quarter of the odds of win betting for a successful place bet.

·        The Treble Bet

Treble bets ask you to predict the winning horse in three distinct races. The winnings you earn from each one roll over to the next, which means you’ll get a big payout if all your predictions prove to be correct. Bear in mind, however, that if you lose just one leg, the entire bet is forfeit.

·        The Trifecta Bet

Trifectas are one of the most popular exotic bet types. They require you to choose the first three horses to come home in the proper order. Trifectas frequently pay out very well for a relatively small outlay, which is one of the reasons they’re so popular despite the fact that they’re quite tricky to get right.

·        The Win Bet

This is by far the most popular betting option if you want to profit and asks you to simply name the horse you think will finish first in the race. What makes this bet such an enjoyable one is its simplicity. All you need … Read More..

The Most Popular Sports Bet Types

As far as hobbies go, sports betting is a complex one with a lot of depth. Most of this depth is the result of the fact that there is a vast array of options when it comes to what type of bet you’re going to place.

Sports betting is a complex hobby with a lot of depth. Most of that depth stems from the fact that there are vast options when it comes to the type of bet you want to place.

No matter what type of bettor you are, it helps to have a firm grasp of the bet types available to you. The more you know, the more informed you can be as you make your day-to-day betting decisions.

Moneyline

Moneyline bets are the simplest ones you can find when enjoying the online betting NZ has to offer. All you need to do is bet on a team, a player, or a horse to win. These bets are often the first ones you’ll see listed on specific games or races at sportsbooks.

Matches can sometimes be relatively uneven, which means that moneyline bet odds vary quite largely. Mismatched games may see the underdogs with long odds -and the huge potential payouts- while the favourites have short odds, where they’re expected to win but with a lower payout.

Point Spread

Point spread bets can be fun for experienced bettors because they even the playing field. When it comes to point spread betting, underdogs are given extra points. For example, you might see bets listed that look like:

  • The Denver Broncos +14 (-110)
  • The Dallas Cowboys -14 (+110)

In this case, the Broncos look likely to lose by at least 14 points, so oddsmakers have given them 14 points to add to their total. For the bet to pay out, the Broncos must either win or lose by less than 14 points. Conversely, the Cowboys would have to beat the Broncos by 14+ points to cover the spread.

Totals or Over/Under

If you’re not sure which player or team will win but feel good about a shootout heavy on offence, then consider betting on totals. When you do this, you’re betting on the total combined score of both teams or players and whether or not they will be higher or lower than the threshold set by the bookmaker. For example, you might see this in an NBA game between the LA Clippers and the Golden State Warriors:

  • Over: 214.5 (-110)
  • Under 214.5 (+110)

If you decide to bet on the over, you’ll be predicting that the teams’ scores will be combined for over 214.5 points. If the final score was 114 points for the Clippers and 102 for the Warriors, you’d get a return.

If you bet on the under, you’re guessing that the teams’ scores will add up to fewer than 214.5 points combined. A final score of 99 points to the Clippers and 100 to the Warriors would hit because the combined total is 199. It doesn’t … Read More..