03 April 2020

Types of Horse Racing Bets

Valentin Beres Valentin Beres

You have two categories of wagers to choose from when you bet on horses: straight wagers and exotic wagers. For a beginner, we recommend sticking with straight wagers. For a straight wager you simply pick one horse to come in first, second, or third.

Exotic wagers allow you to make multiple bets on multiple horses in a single wager. Exotic wagers are generally much more difficult to win than straight wagers and require an advanced degree of skill and knowledge in horse picking. However, the payoffs on exotic wagers are much greater than straight ones.

Straight Wagers

With a straight wager, you only bet on one horse.

Exotic Wagers

Exotic wagers allow you to bet on multiple horses in a single bet, allowing you to increase your profit potential. They’re much harder to win than straight bets, and require much more skill in handicapping horses. We recommend you experiment with exotic wagers only after you have made some straight bets.

We hope this helps and good luck with your future bets!

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