Horse racing spread betting explained that

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Ready for the Next Step? Exotic bet — Any bet other than win, place, or show that requires multiple combinations. Examples of exotic wagers are exacta, trifecta, Pick 6, Pick 4. Daily Double or Double — Type of bet calling for the selection of winners of two consecutive races. Exacta — A wager in which the first two finishers in a race, in exact order of finish, must be picked.

Box — A betting term denoting a combination bet whereby all possible numeric combinations are covered for certain horses. Exacta box — A wager in which all possible combinations using a given number of horses are selected. For example, an exacta box using horses 2,4,6 would produce a winning ticket if any two of those three horses finished first and second, regardless of the order , , , etc. Quinella - Bet in which the first two finishers must be picked in either order.

Trifecta — A bet in which the first three finishers must be selected in exact order. Trifecta box — A trifecta wager in which all possible combinations using a given number of horses are bet upon. Pick 6 or other number — A type of multi-race bet in which the winners of all the included races must be selected. Brush Up on Gambling Lingo Bounce — A racehorse's especially poor performance on the heels of an especially good one. Chalk — Betting favorite in a race. Chalk player — Gambler who wagers on favorites.

Key horse — A single horse used in multiple combinations in an exotic bet. As with all gambling however, the risks are still there. If you're new to horse racing or a bit of a novice punter, you should be aware that spread betting on horse racing is a little complex, and due to the nature of how it is structured, although you can win big it can also cause you to lose a drastic amount of money if you are not careful.

This makes it absolutely essential that you must be sure that you clearly understand the methods of spread betting on horse racing. Spread Betting On Horses Is Growing In Popularity Spread betting is a concept that is traditionally more popular with sports that have the potential for big winning margins, so American football, rugby, cricket and darts immediately spring to mind.

Its also used by people who want to bet on the financial markets and so they bet on whether a stock will rise, fall and by how much. I'm not actually convinced by spread betting on horses myslef, as I find that the risk is just too high, yet many people successfully achieve great results with it. Each favourite is awarded a certain amount of points. So with the allocation of points, a spread is created and essentially what punters will do is buy if they feel the horse will win, or sell if they think it won't.

A real twist from traditional betting is that you can bet on the jockeys. The way jockey betting works is pretty much the exact same way as the favourite's index, with the only difference being that you are betting against a quote of how great a race or more than one a jockey will have.

Predicting Winning Distances Will Pocket Cash Too Similarly, the winning distance index is played in essentially the same way but with a slight difference, as points are awarded based how much you think a horse will win by.

Explained betting that spread racing horse all about low volatility investing 101

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Place bet — A bet on a horse to finish first or second. Show bet — A bet on a horse to finish in the money; third or better. In the money — A horse that finishes first, second, or third. Across the board — A bet on a horse to win, place, and show. If the horse wins, the bettor collects three ways; if second, two ways place, show ; and if third, one way, losing the win and place bets.

It's actually three bets. Morning line — The odds that the track handicapper predicts a horse will go off at. Ready for the Next Step? Exotic bet — Any bet other than win, place, or show that requires multiple combinations. Examples of exotic wagers are exacta, trifecta, Pick 6, Pick 4. Daily Double or Double — Type of bet calling for the selection of winners of two consecutive races. Exacta — A wager in which the first two finishers in a race, in exact order of finish, must be picked.

Box — A betting term denoting a combination bet whereby all possible numeric combinations are covered for certain horses. Exacta box — A wager in which all possible combinations using a given number of horses are selected. For example, an exacta box using horses 2,4,6 would produce a winning ticket if any two of those three horses finished first and second, regardless of the order , , , etc.

Quinella - Bet in which the first two finishers must be picked in either order. So bookmakers make their profit through over rounds i. They make their margin through the spread, i. The difference between the buy price and sell price is the margin.

Advantages of Spread Betting So why should customers choose spread betting instead of conventional fixed odds action? Therefore if a customer believes that a spread betting firm have made a big error in their predictions, they can exploit it to the fullest.

Interest in Every Race Interest in Every Race Many of the markets created by spread betting traders run throughout the course of the day and cover every race in a meeting. Markets Available The big firms usually put up several markets for horse racing meetings each day and there are extra markets for each contest. The most common bet types are: Market Index Indices This bet type focuses on each individual race, with points attributed to a horse depending where they finish in a contest.

Each horse will have its own individual set of figures quoted and it is the spread betting equivalent of the normal fixed odds market for a race.