Are you one of those people who wanted to participate in sports betting, but gets intimidated by the terminologies you met? Betting terms are indeed confusing, especially to the new ones. There are lots of sporting events that offer a wide variety of bets, and you must understand each of them so you’ll know how to play.

Today, one of the biggest sports where you can see massive wagering games, is horse racing. In fact, a lot of races are on the line. In the United States, the Triple Crown Series is underway and will start in the first week of May. The United Kingdom also has the Cheltenham Festival, Royal Ascot, etc.

All these horse racing events can help you earn money by gambling in different betting games. One of these is the middle jewel of the Triple Crown Series which is the “Run For The Black-Eyed Susans”, and the current odds for betting may be found in the TVG Preakness Stakes page.

So, what are the horse racing terminologies and how they get played? In this article, we’ll give you a full list of horse racing betting terms. They are also categorized according to the difficulty level and how they get played. Take note that the more difficult the betting is, the prizes come bigger.

Straight Bets

These are the most popular horse racing betting games you can wager. It’s a no-sweat gambling process as you only need a little effort in picking who deserves to win the title at the end of the race. Here are some straight bets you can make.

Win –  this is the most popular and easiest wager as you only need to pick a racehorse you think will win the competition.

Place – this bet is where you consider each entry a possible winner; however, you must have two racehorses that can win either in the first or second place.

Show – the same with other straight bets where all of them qualify to win, but you must consider three racehorse options that can end up in the first, second, and third place.

Exotic Bets

These types of horse racing bets are a little broader. The exotic bets are divided into two, which are horizontal and vertical. Let’s get to know them more and know what they mean.

Vertical Bets

This is quite similar to the Straight bets, but you must pick winners in the right order. Vertical bets are as follows.

Exacta – you must consider two  racehorses that can finish in first and second place in the right order.

Trifecta – the same guideline you need to follow, but this time it’s choosing three entries to settle in the first, second, and third correctly.

Superfecta – this is quite interesting and challenging since you must pick four horses to end up correctly in the right order you initially bet.

Horizontal Bets

It’s also a more challenging horse racing betting game as you need to pick a racehorse that has the strongest appearance and speed. Here are the horizontal bet types you can play.

Daily Double – this is where you need to pick a horse that can win two consecutive racing games.

Pick 3 – it is a bet where you pick three racehorses in a parlay. The entry you picked should win three consecutive racing games.

Pick 4 – selecting a horse that can win four consistent races.

Pick  5 – it is where you wager an entry that can finish and win five consecutive games,

Pick 6 – picking an ideal winner for six consecutive plays.

Quinella Bets

The Quinella bet is an alternative gearing game you can play in a horse racing apart from the Straight and Exotic wager. The process may look quite the same with the vertical bets; however, this is a separate category, and the prizes are different.

To play this type of bet, you must pick two horses that can end in the first and second place, but you don’t have to worry about the order. There are also different combinations of plays you can make in Quinella, and you must refer to the odds set by the oddsmaker to identify the prize you can win and the number of bets you can gamble.

Takeaway

The betting games that a horse racing tournament are potentially profitable because they are wider and challenging so your chances of earning alternative money are limitless.

Aside from that, you have the chance to pick the best wagering games that you are already familiar with, and you think you can confidently win. Thus, knowing and understanding the horse racing betting games and terminologies listed above can surely guide you in bringing home the bacon.