New to the Breeder’s Cup? Get to Know the Different Types of Bets You Can Use
The Breeder’s Cup is coming this November, and we can hardly wait for it to come. It will be significant as usual, with many famous horses, jockeys, trainers, and even a few celebrities. However, if you or a friend of yours want to join in on the fun but aren’t too experienced with horse racing, you’ve come to the right place.
The Breeder’s Cup happens every year, and it’s a great event if you want to learn some things about horse racing. First, however, we’ll discuss today the different bet types you can use in the Breeder’s Cup. There are quite a few, so you might want to take notes. Here are some of them.
Types of Bets
There are two categories of horse bets: straight and exotic. Let’s start with straight bets. Straight betting is straightforward, so learning how to play and win them should not be too hard for a beginner. The following are the straight bets.
This is the easiest one out of the basic betting types as in this bet, all you have to do is to wager which horse you think will win the race. You win the ticket and take a payout from your bet if you’re right.
This one is similar to a winning bet; however, you’ll be guessing which horse will finish first or second. Of course, the chances of winning are slightly high, but the payout is lesser.
In this one, you’ll be betting if a horse will come in first, second, or third. You win the ticket if your chosen horse finishes in either of these places.
Across the Board Bet
This bet is three of the previous bets combined. When you come to the teller, say that you want to bet on a specific horse across the board. If your chosen horse finishes in third place in this bet, you’ll win the show bet. If it comes in second, you win both places and show bets; if the horse comes in first, you win all three bets. Take note, however, that each bet is still priced separately unless there’s a discount ongoing.
Now let’s go to the fun part, the exotic bets. Although the chances of winning these bets are relatively low, the payouts are bigger compared to straight bets.
In this bet, you’ll pick two horses you think will win first and second place in any order. This is also the most straightforward exotic bet out there.
This is quite similar to quinella; however, it should be in order this time. Due to the increased difficulty, naturally, the payout is significantly higher.
This one is quite complicated. In this bet, the bettor will guess two of the first three horses to finish, regardless of their finishes. The bet has a payout depending on the combination you picked: 1st and 2nd, 2nd and 3rd, and 1st and 3rd. Although this increases the likelihood of winning, the payout is relatively lower.
This one is quite similar to an exacta; however, this time, you’ll pick three horses for the top three but in order. You can also make it a boxed trifecta if you’re not confident with the places. Trifectas have a pretty big payout, which is why it’s one of the most popular bets.
First 4 or Superfecta
This is a trifecta but with four horses. Just like a trifecta, it needs to be in order unless you want to make it a boxed superfecta. A boxed superfecta usually costs $24 for 100% of the dividend. This is because there are virtually 24 possible combinations for this bet.
You must predict the winning horses for three consecutive races in this bet. The winnings you earn from the previous race will go over the second one, which results in a larger payout if all your predictions are correct. However, if you lose one bet in just one race, then the whole bet is lost.
This is an umbrella term for all types of bets that require you to pick winning horses in multiple races. For example, you can use this term if you predict four winning horses for four races. Then, of course, you can choose to amp it up with six races. But like treble, if you lose a bet in just one of the races, you lose the whole bet.
This bet allows you to bet on three horses you think will win in three separate races. You will then place three doubles and a treble within that group of horses. For example, you can do horses A and B to win, horses A and C to win, horses B and C to win, and all horses to win for this bet. Therefore, it will require you $4 for a $1 of Trixie. However, even if one of your predictions is incorrect, you will still receive some form of a payout.
You can use these types of bets in the Breeder’s Cup. However, it would be better for a beginner to stick first to the straight bets. After some experience, they can then go to the more complicated ones, as long as their bankrolls allow it.