You can make money betting on horse races on sites like N1 Bet Deutschland with a little bit of knowledge. This guide will help you understand the terms used in horse racing, such as win, place, show, box, key, and across the board. This guide will also teach you about various bets, including parlays, daily doubles, and vertical bets.
1. Parlays
Parlays in horse racing are a type of bet where the bettor makes more than one selection in one race. Online casino reviews claim these bets are most popular when two or more horses are odds-on to win. In order to make this kind of bet profitable, a bettor has to perform extensive research on each horse and the race.
There are several different kinds of parlays. There are win bets, place bets, and exotic wagers. Each one involves predicting which horse will win a race. The winning bet goes to the next selection in the parlay. Exotic wagers, on the other hand, involve betting on the finishing order of more than one horse.
2. Daily Doubles
One of the best ways to make money in top online casinos betting on horse races is to use the Daily Double. These bets combine two horses at a very short price. For example, a 6/5 favorite isn’t the most exciting bet, but you can find value in the second half of the double by tying it up with a long shot. If you play this strategy wisely, you can end up with a nice payout on a small investment.
Daily doubles are the oldest type of exotic wager. The first ones were sold at one racetrack in 1931, and they were merely offered on the first two races each day. These were popular and attracted more than half a million dollars during the lunch break. But they were eventually replaced by exotic bets like the exacta and trifecta.
3. Vertical Bets
Vertical bets on horse races involve placing wagers on more than one race at once. This wager is often referred to as a superfecta, trifecta, or exacta. A winning vertical bet can bring in hundreds of thousands of dollars. This type of bet requires that you correctly pick at least two horses.
This type of wager is popular among experienced players and has a long history in horse racing. It has become a staple of racing and is often more profitable than other types of wagering. However, it can be difficult to understand, especially for those who are new to the game.
4. Trifectas
Betting on horse races often involves placing trifecta bets. While this is not the only way to win, it can be a valuable tool if used properly. Trifecta bets require the bettor to choose three horses that will finish in the same order. However, it is important to use trifecta betting sparingly.
If you bet on trifectas, you’ll be betting on three horses to finish first, second and third. However, the odds are much higher if the horses are less popular. This makes them ideal for trifecta betting.
5. Pick 4 Bets
When betting on horse races, one of the best bets to make is a Pick 4 Bet. This is a wager where you place bets on four different horses, and each ticket has one chance to win. The main benefit of the Pick 4 is the value it offers. A Pick 4 Bet will yield a higher profit than betting four horses individually to win the race. It is also an excellent option if you have some confidence in one horse but you are not sure about the others.
The Pick 4 Bet is similar to a “traditional” pick-three bet, except that you must pick four winners within four consecutive races. This bet is usually offered during the last four races of a race card. The standard wager for a Pick 4 is 50 cents.