Horse racing betting has been around for almost a century. You can place more than one type of bet on each horse race. The most common types are display bets, place bets and win bets.
While win bets involve which horse is expected to win the match, on the spot bets involve betting on who will finish first or second. With show betting, on the other hand, you are betting on which horse should appear in the top three. Payouts are higher than paying and placing bets.
Exotic horse racing betting
Another common bet type is the order of the horses that can complete the race. This is known as the exotic bet. You can click on the buy now button to choose any of the four main types of bets: Superfecta, Trifecta, Exacta and Quinella. Quinella bets include those who finish in the top two, regardless of the order.
In exact bets, a horse is chosen to be second and first. Trifecta betting involves selecting those horses to finish last in the first three races. The hardest bet to win is the Superfecta, which often involves the first four houses with big payouts.
Bet on Triple Crown
The most popular horse race is the Triple Crown race. The Triple Crown Horse Racing for newcomers to horse racing consists of the Belmont Stakes, Preakness Stakes and the Kentucky Derby. Today, the Kentucky Derby has become one of the most important sports betting events in North America.
Online betting on horse racing
With online horse racing betting, you can bet not only on the popular Triple Crown horse race but also on other online horse races from several popular horse racing tracks in and around Australia.