Handicapping Horse Races

Horse races bets generate enormous revenue for bookmakers at tracks and online. Those who understand how to handicap races can bring home their share of the pot.

A horse races bets involves placing money on your selection to finish first in its race, while placing bets offer lower payouts than their Win counterparts.

Win bets

The win bet is one of the most popular horse racing bets. It involves selecting the first horse across the finish line and its odds depend on both its number of participants in a race and how much money has been wagered; the latter amount known as “pool.” A portion of this pool (called the takeout) is kept by racetracks for their expenses before remaining odds are calculated and paid out when successful bettors place winning bets.

Place bets are considered safer than win bets as you’re only betting on your horse finishing in either first or second place, which has lower payout than win betting. An each-way bet increases chances of success but requires larger stakes to make this bet type viable.

Exacta bets require selecting two horses that will finish in exactly the same order – this bet can be more challenging to win but can provide great returns if successful! Extend an Exacta by including another horse – making it a Trifecta instead.

An Across the Board bet encompasses all three bet types and pays out when your selection finishes in one of the top three positions. Odds for this bet type tend to be fractional, though you can use an online conversion tool to view them either American or decimal form. What makes this bet even better is that most race tracks display potential payouts on a field board so you’ll have an accurate idea of your potential pay-out amount.

Place bets

Place bets are among the simplest bets in horse racing betting. Simply pick out a horse you think will place first or second in any given race – this type of bet offers beginners or those seeking lower risk, yet still hope of victory a better chance to win while still having some chance. However, their payout odds tend to be less.

Before placing a place bet, always take time to read through the terms and conditions of your bookmaker in order to gain an understanding of how it works. Each bookmaker may have unique rules regarding payout, including number of places considered and fraction of odds paid out.

Place bets can be placed on all races, yet typically offer lower returns than win bets due to bookmakers having to distribute payouts across three horses instead of just the one winner. If the field size is small, however, placing place bets could prove more profitable than winning outright.

Furthermore, you can place an exacta bet by picking two horses that finish first and second in their correct order – though this bet may be harder to predict than trifectas but may lead to greater profits if done right! You could even try your hand at making a superfecta bet by correctly predicting the order of four first horses during a race!

One way to increase your odds of victory is to focus on horses with top trainers. Examining past performances will allow you to select the most promising trainers for each race and pick your selections accordingly. Furthermore, following in-form trainers could yield even greater returns since these tend to have more successful horses under their care.

Show bets

Beginners to wagering on horse races may find the wide variety of bet types confusing and befuddling, with traditional or straight bets providing punters with an easier betting experience by enabling them to focus solely on one horse during its performance in a race. Show bets provide another alternative which provides payouts if your chosen steed finishes in either first, second, or third position in its race.

The Show Bet is the easiest and simplest type of bet to make, though its success does not guarantee winning payout. Instead, this depends on how your selected horse performs as well as your pick accuracy – the minimum wager for a Show bet at most tracks is $2; some tracks have tried offering $1 bets, although these haven’t proved popular with bettors.

To place a Show bet, choose runners marked with an “F,” signifying field. This will ensure they will be included in your bet as opposed to win or place bets that don’t incorporate field bets.

The Show Bet may offer lower payouts than Win/Place bets, but it is an effective way of protecting yourself against unexpected results in races. Punters should remember that Show bets do not guarantee success as there may be many variables influencing how well a runner performs in races – this is why punters are advised to research each race thoroughly prior to placing their bets – for instance by studying track history for each runner and their previous performances in prior races.


Contrary to its counterpart, an exacta bet requires you to select two horses which will finish in first and second places respectively. Without knowing with absolute certainty which horses you selected, this can be risky; if one finishes out of order you’d expected, your bet could go bust! To decrease this risk you could box your exacta bet – covering all possible combinations of winning horses while increasing your odds but increasing its cost as a result.

As a more advanced form of exacta betting, combination exacta allows for even more flexibility in terms of selecting multiple horses; one must win while others may still place, but only the winner will pay out in this scenario. It still pays out even if another horse places in the top three but doesn’t win itself!

Banker exactas are an affordable way to increase your chances of winning a race, though more costly than regular exactas due to covering more horses than two. Even so, it is still possible to strike gold when betting banker exactas; just use similar strategies as with regular exactas – research the horses running in each race by looking at past performance records and workout routines as you would for regular exactas; additionally you could use an exacta key – selecting an “key” horse you think could win and adding other potential candidates which could potentially place in each race – this will yield the highest possible returns while being careful not including favorites as your “key horse.”


Trifecta bets in horse race betting offer an effective means of increasing your odds and potentially winning big money. While they may be difficult to successfully bet, their payouts often far surpass straight bets on individual horses. BetOnline provides an ideal environment for trifecta wagering with its wide range of exciting bets. But first it’s essential that you understand how they operate and their calculations.

If you want to place a trifecta bet, you need to correctly pick the first three finishers in their correct order. Otherwise, your bet will be lost and its chances are long but worth taking as the rush of hitting one can make all of it worth your while!

Trifecta bets come in various forms, from straight trifectas and boxed trifectas. Straight trifectas require you to select three specific horses in sequential order while boxed trifectas allow you to pick any combination of horses to finish second or third place – and adding more horses will increase both cost and chances of victory!

To create an accurate trifecta bet, it is crucial that you know how the horses run and their running styles. This knowledge will allow you to predict their finishes in terms of burn outs or fade outs early or late in a race, among other variables. Furthermore, keep in mind that trifecta wagering falls under pari-mutuel betting which means all money wagered goes into a pool that will eventually be divided among winners who made winning tickets – meaning this type of bet can generate significant payouts but isn’t the most profitable bet around!