Horse Racing Betting – The Ultimate Guide to betting on horses [2024]

Welcome to the most comprehensive and explicit horse racing betting guide. Here you will find everything you need to know about horse racing: betting terms, types of horse racing bets, how to bet and of course – how to win real money betting on horses!

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Horse Racing Betting – The most popular types of horse racing bets:

Single

This is most likely the most popular sort of wager. A single-event bet that has a 100% chance of winning.

Double

One wager on two separate outcomes in two different events. To assure a return, both teams must win.

Treble

One wager on three different outcomes in three different events. To assure a return, all three teams must win.

Accumulator

An accumulator is a single bet that contains four or more options. To ensure a return, all selections must win.

Trixie

Three selections and four bets – three doubles and one triple – make up this wager. To ensure a return, you must win at least two picks. A £ 2.50 Trixie, for example, would cost £ 10. A £ 2.50 Trixie in each way would cost £ 20.

Patent

Three singles, three doubles, and one triple are part of a wager that includes three picks and seven bets. It’s similar to a Trixie, but with three singles added to the mix. A GBP 2.50 patent, for example, would cost GBP 17.50.

Yankee

Four selections and 11 wagers – six doubles, four triples, and one quadruple – make up this bet. To ensure a return, you must win at least two picks. A 2 GBP Yankee, for example, would cost 22 GBP.

Lucky 15

It consists of four selections and 15 bets (thus the name) – four singles, six doubles, four triples, and one quadruple – and is a popular betting type among bettors. Similar to a Yankee, but with four singles and a single selection to win to ensure a profit. A Lucky 15 for 2 GBP, for example, would cost 30 GBP.

Horse Racing – Check out more popular horse racing bets:

Canadian Bet

A Canadian, sometimes known as a Super Yankee, is a bet on five selections that includes 26 bets: ten doubles, ten triples, five fourfolds, and a fivefold accumulator.

Lucky 31

A bet consisting of five singles, ten doubles, ten triples, five fourfolds, and one fivefold – five singles, ten doubles, ten triples, five fourfolds, and one fivefold. To ensure a return, only one selection must win. A Lucky 31 for 1 GBP, for example, would cost 31 GBP.

Super Yankee

A Super Yankee, also known as a Canadian, is a bet on five selections that includes 26 bets: ten doubles, ten triples, five fours, and a five-fold accumulator.

Heinz Bet

The Heinz bet consists of 57 bets divided into six categories: 15 doubles, 20 triples, 15 quadruples, six five-folds, and a sixfold accumulator. This 57-bet wager is a one-of-a-kind bet that combines each of the 6 options into one bet, appropriately called after Heinz’s 57 “varieties” slogan.

Lucky 63

A Lucky 63 is a wager that includes six singles, fifteen doubles, twenty triples, fifteen quadruples, six five-folds, and one six.

Super Heinz Bet

Super Heinz is a wager on seven different events that includes 21 doubles, 35 triples, 35 fourfolds, 21 five-folds, seven sixfolds, and a sevenfold accumulator, for a total of 120 bets. To guarantee a return, two selections must be won.

Goliath Bet

A Goliath bet is a total of 247 bets on eight teams competing in various events, including 28 doubles, 56 triples, 70 fourfolds, 56 fivefolds, 28 sixfolds, 28 sevenfolds and an eight-fold accumulator. To guarantee a return, two selections must be won.

Alphabet

This is a 26-bet wager on six different selections: two patents (14 bets), one Yankee (11 bets), and a six-fold accumulator (one bet).

Single Stakes About

A Single Stakes About is an Any To Come bet that consists of two event selections that are then combined to create two bets from two singles. Any profit made on each single (up to the amount bet) is used to fund another single on the other pick.

Double Stakes About

A Double Stakes About bet is an Any To Come wager that consists of two selections competing in distinct events that are combined to create two bets from two singles. Any profit from each single is used to fund another single on the other selection, up to twice the initial bet.

Round Robin Bet

Round Robin is a three-selection bet with 10 bets: three doubles, one triple, and three single bets on pairs up and down.

Flag Bet

Six doubles, four triples, one four-fold, and six SSA pairs up and down make up the “Flag” bet.

Super Flag

10 doubles, ten triples, five fours, one five-fold, and ten single Up-And-Down wagers on pairings make up the “Super Flag.”

Super Heinz Flag

21 doubles, 35 triples, 35 four-folds, 21 five-folds, seven sixes, one seven, and 21 single Up-And-Down wagers on pairings make up the “Super Heinz Flag.”

Goliath Flag

28 doubles, 56 triples, 70 four-folds, 56 five-folds, 28 six-folds, eight seven-folds, one eightfold.

Union Jack

Union Jack is made up of eight triples drawn from nine different songs. The groupings are created by arranging the selections in three-by-three grid. Three horizontal heights, three vertical heights, and two diagonal heights

Forecast Bet

The order in which the first and second horses in a race finish is correctly predicted by a direct forecast.

Each-Way Bet

An each-way bet is a two-part bet, with half of the money going to the winning selection and the other half going to the placing selection. It costs twice as much as a standard winning bet and, if the pick wins or is placed, will result in a profit.

To give an example: Place 5 GBP in each way (10 GBP total) on an 8-1 horse with a bookmaker offering 1/4 odds for three seats, for example. You will receive GBP 15 if the horse places, but GBP 60 if the horse wins (GBP 45 for the win and GBP 15 for the place), both returns including the initial bet.

Reverse Forecast Bet

A reverse forecast is when you correctly pick the first two horses, but not in any particular sequence.

Match Bet

Matched betting is a betting strategy that allows users to take advantage of bookmakers’ free bets and incentives.

Placepot Bet

Another popular game among race fans is Placepot. Choose a horse in each of the first six races at a specific racecourse on a given day, and if that horse finishes in first place, you will receive a piece of the total sum. The bet is halted due to an uninvited selection!

Jackpot Bet

Probably the most difficult bet to win. To win a portion of the pool, I properly guess the first six winners from a specific racecourse in a particular day. If you make the wrong choice, your wager will be forfeited!

Horse Racing –  Frequently Asked Questions:

What types of horse racing bets are available?

You can bet on a horse racing in a variety of ways. A straight win, a place bet, or an each-way bet are examples of simple bets. Exotic bets, such as exactas, quinellas, and trifectas, are also available. OneHundredGamblers has a comprehensive overview to various betting choices. You can also bet on Quadpot, Tricast and Full Cover bet.

What is the best horse racing betting type?

A direct win bet is generally the best option if you believe a favourite will win a race. You could want to consider an each-way bet or a place bet if you’re betting on a longer shot. An exact, trifect, or all-up bet may be more to your liking if you want to make a large profit from a modest stake.

What is the difference between a winning and placed bet?

A winning bet is a straightforward wager on which horse will win a race. A place is as simple as naming a horse that will place first, second, or third. You can also bet on a horse to win and place, which is referred to as an each-way bet.

What exactly is a quinella wager?

A quinella bet is naming two horses who you believe will perform well in a specific race. You will be paid whether they finish first or second in any order.

How does trifecta box work?

A trifecta box is when three or more horses are grouped together in a box. Then, in any order, I can finish first, second, or third. You bet more the more selections you put to your box.

How can I place a wager on a horse race?

You can open an account with one of OneHundredGamblers suggested legal, licensed, and reliable bookmakers. Then go to the horse racing betting section, locate a race you’d want to bet on, and select a horse. You can next enter the amount you want to bet and confirm the bet, or you can add more horses to the betting slip to create exotic and multiple bets.

Karina Peterson
More than 15 years in the gambling industry, working for the big players in the affiliation market. I won't name them, you know them. Also I enjoy seeing a new project taking life and expanding like this one.

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Horse Racing Betting – The Ultimate Guide to betting on horses [2023]
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Horse Racing Betting – The Ultimate Guide to betting on horses [2023]
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Horse Racing Betting - If you're a beginner into horse racing betting, read our guide and learn everything you need to know before betting!
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