04 January 2008

Horse Race Handicapping College - Thoroughbred Horse Racing: How Wagering is Done.


Thoroughbred Horse Racing: How Wagering Is Done.


When thoroughbreds race, the world of thoroughbred horse racing becomes obsessed with picking a winning horse, because getting a win is a big boost to punters who are more often than not crazy about particular thoroughbred horses. Anyone can understand what is involved in wagering on thoroughbred horse racing events and it only requires understanding the different terms and winning sequences involved.

Different Forms Of Wagers
The horse that flashes past the winning post in front of all other horses in a particular race will have won the race and so the wager for such an occurrence is known as a WIN. The next placed horse or even the first placed horse gets a PLACE and the advantage of wagering on Place in thoroughbred horse racing (as in other forms of racing) is that the horse handicapper is less at risk of losing his wager.

A horse that finishes first, second or third is often regarded as being a SHOW, where again the risk is less, and so too is the payout. If one wishes some more variety to the thoroughbred horse racing event, one may wager on EXACTA or correctly predict the first two horses in a race in exact order. This is a difficult wager and one must know the thoroughbred’s capabilities well enough to place such a wager, but the payoffs are high.

Similar to the Exacta is the QUINELLA, which requires selecting the two first horses in the race, though in any order and the payout is an average of approximately half of the Exacta payout.

Another wager common to thoroughbred horse racing is the TRIFECTA, which is just like the Exacta, but requires predicting the first three horses in the race in correct order.

For even more choice in predicting winning horses in a thoroughbred horse racing event, the horse handicapper may wager on SUPERFECTA, which requires correctly predicting the first four horses across the finishing line in the exact order. This is perhaps one of the most difficult of all wagers; however, the payout is also huge.

For even more variety in thoroughbred horse racing, a horse handicapper can even wager on correctly selecting the horses that win in two consecutive races, and this form of wager is known as the DAILY DOUBLE.

Other wagers normally associated with thoroughbred horse racing include PICK-3 or three correct winners in three consecutive races, PICK-4 or four correct winners in four consecutive races, and PICK-6 or correctly predicting six winners in six consecutive races. This last wager is perhaps the most difficult of all thoroughbred horse racing wagers, and is also the most lucrative. [When correctly handicapped, a Pick-6 can have payouts in the tens of thousands of dollars.]

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