Get to Grips with Popular Horse Race Bets

Horse racing is one of the oldest sports in the world, dating back thousands of years to when humans first realised how fast horses really were, and that we could train and ride them. Over the years since, we’ve perfected the art of horse racing, from creating the fastest and most durable breeds, to professional horse race training and tournaments. Today, there are a number of horse racing events all over the world, being held in different countries all the way from Canada to Australia, and almost all sports betting bookmakers cover the events online.

 

For those that have an interest in taking up horse betting, it’s not always as easy as signing up to a bookie site and wagering down on the first bet that’s offered. There are often many to choose from, and each comes with different odds, varying criteria, and unique payout amounts. Learning each kind of bet is important, and can help with any potential betting in the future. Once a punter has found the horse racing betting sites that suit them, the next step is knowing the bets and how each one functions.

 

Win Bet: The most common racing bet offered by bookies, and the first kind that beginner punters will come across, a win bet is a simple as they come. It simply entails wagering money on which horse will come across the finish line first and win the race. Although the odds are low for this kind of bet, it’s still the best place to start, and can actually be quite lucrative.

 

Place Bet: Similar to the win bet, but different in that the wager is made on where the horse will place instead of the horse just crossing the line. This is usually placed on the first, second, or third place, and while it’s a little riskier than a simple win bet, the odds are often better and come with better payouts.

 

Swinger Bet: This is a combination of the previous two, and involves taking a bet out on two horses at once. The bet is that the two horses will cross the line within the top three places, and this is extended as the punter can choose in which order this happens:

  • 1st and 2nd
  • 1st and 3rd
  • 2nd and 3rd

 

Accumulator Bet: This is a more advanced bet, but is especially thrilling for punters. Here, the wager is placed not just one race, but on several at a time. It’s all about choosing the winners of each race, and if each one of those comes true, then the bet is successful and can mean a big payout. This kind of bet usually takes a fair amount of time to complete, and it should be noted that if even one of the winner predictions doesn’t come true, then the bet is unsuccessful as a whole.

 

These are just four of the more popular kinds of horse racing bets that punters enjoy, but there are many more to choose from, and range from incredibly simple to much more advanced, making it the perfect betting sport for new and seasoned punters.

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