Exotic horse racing betting is the most profitable way to wager on the ponies. As such, it is going to be the hardest way to win a bet. However, this is where most horse racing bettors make the bulk of their profits.
What is Exotic Horse Racing betting?
Exotic horse racing betting is when a bettor places a wager on more than one outcome. It could be betting on the winners of more than one horse race, or betting on the consecutive finishers of a single horse race. The idea is to choose more than one instance on a single bet slip.
If all picks come in correctly, in the fashion you’ve chosen, you win the exotic bet. If not, you lose. When only a portion of your picks succeed, but one or more fail, the bet is lost. There is no partial winning in exotic horse racing betting.
Types of Exotic Horse Racing Bets
There are many ways to place an exotic horse racing bet. Some require you to choose a precise finishing order, while others allow for more versatile finishes. The following is a briefly detailed list of all exotic horse racing bets. Click on any type of exotic bet to learn more about it.
Quinella Betting: The Quinella is a wager on two horses to finish first and second in the same race, in any order.
Exacta Betting: The Exacta is a wager on two horses to finish first and second in the same race in an exact order.
Trifecta Betting: The Trifecta is a wager on three horses to finish in first, second and third in the same race in an exact order.
Superfecta Betting: The Superfecta is a wager on four horses to finish first, second, third and fourth in an exact order.
Daily Double: The Daily Double is wager on which two ponies will win two consecutive races. It is generally offered on the first two and last two races of the day.
Pick 3: The Pick 3 is a wager on which three ponies will win three consecutive races. There is also Pick 4, Pick 5 and Pick 6 horse racing betting. They work in the same manner, with the number in the name determining how many consecutive races you have to pick the winners in.
Exotic Horse Racing Betting – Boxing and Wheeling
Boxing and Wheeling are common ways to place exotic horse racing bets. Click on Box Bets or Wheel Bets for more details.
Box Bets: A Box bet allows the bettor to select more horses than the bet actually calls for. An Exacta Box, for example, would allow the bettor to choose 3 or more horses, instead of the traditional 2 horses picked. All possible combinations of the selected horses are then bet on. If you chose Exacta Box 1-2-3, it would be a bet on 1-2, 1-3, 2-1, 2-3, 3-1 and 3-2. With six possible combinations, the bet amount would be multiplied by six as well (i.e. $2 bet becomes a $12 bet).
Wheel Bets: Wheel bets are just like Box bets accept that one horse can be chosen to finish in a specific spot. For example, you believe the #1 horse will win the race, but aren’t sure whether #2 or #3 will come in second. You bet Exacta Wheel 1 with 2 with 3. This is a bet on 1-2 and 1-3.