How do I bet on horse race?

How does betting the wheel work in horse racing?

Betting the wheel in horse racing solves this problem in a way because they allow you to cover more of the fields in a race or multiple races on your exotic bets. You have more chances to win these bets, which can pay off quite nicely, than if you were just limiting yourself to a small number of horses.

What does full wheel mean in horse racing?

A Full Wheel bet is choosing a specific horse to come in a specific place and betting all of the remaining horses on the field for the other places. For example, if you want to bet a $2 Exacta Wheel and you expect the #1 horse to win, you will bet| “$2 Exacta Wheel 1 and All”.

What are wheel bets in horse racing?

Wheel bets can be placed on most types of exotic bets. An exotic bet is one that involves betting on more than one horse to Win, Place and/or Show in a single race. The Superfecta actually involves the first four horses to finish, not just Win-Place-Show.

What is a full trifecta wheel in horse racing?

To begin, a full trifecta wheel is simply the term to describe keying one horse over all the other runners in a race. This is exactly the same type of bet as described above – it just keys one horse over the field. For example, a trifecta key full wheel in an eight-horse race would key one horse over the other seven as in this example:

What is a partial wheel in horse racing?

This option may also be used on other bets such as the trifecta and superfecta. The partial wheel may not cost as much as a full wheel, but they still have the ability to get very expensive. A key bet is a partial wheel as you aren’t betting all the horses on the field like a full wheel, only a small selection.

What is a full wheel bet in horse racing?

It is always important to check the race program to know which bets are accepted before going to place your bets. A Full Wheel bet is choosing a specific horse to come in a specific place and betting all of the remaining horses on the field for the other places.

How much does it cost to wheel in horse racing?

If you were making the $2 minimum wager that is common in the world of horse racing, that would mean you’d have to bet $14 to wheel this field. Why? And that’s why betting the wheel in horse racing might not be for everyone, especially for those on a stricter betting budget.

What is the difference between “all” and partial wheel betting?

Choosing to bet “All” in place of choosing a horse is not difficult, however because you are betting on every horse on the field it can get very expensive. A Partial Wheel bet is very similar to a full wheel except you aren’t betting all the horses on the field, only a small selection.

What is a trifecta in horse betting?

Trifecta Wheel Betting. The Trifecta Wheel bet is picking sets of horses to finish in first, second and third position. This bet improves your chances of winning because 1 or more horses can be chosen to finish in each position.

How do trifecta wheel bets work?

Your trifecta wheel bet wins if a horse from the 1st key finishes first, a horse from the 2nd key finishes second, and a horse from the 3rd key finishes third. This calcuation is more complicated because the same horse can included in multiple keys.

When is a trifecta wheel a better choice than a wheel?

When you want to bet a lot of combinations but be more delicate – and manage your costs better to maximize your shot at a long term profit – then a trifecta wheel could be a better choice. When you are betting a trifecta wheel you bet different combinations of horses to finish first, second and third in a race.

What are the 7 horse trifecta wheel combinations?

7 Horse Trifecta Wheel Combinations. 2 unique horse first key, 2 unique horse second key + 1 from first key, 3 unique horse third key. Horses 1 and 2 are your first key. Horses 3,4,5,6,7,8 are your second key. Horses 3,4,5,6,7,8 are your third key.

What is the difference between a full wheel and partial wheel?

The partial wheel may not cost as much as a full wheel, but they still have the ability to get very expensive. A key bet is a partial wheel as you aren’t betting all the horses on the field like a full wheel, only a small selection. However in key bets you always choose one horse you expect to win.

What is a partial wheel bet in horse racing?

You could make what’s known as a partial wheel bet. Instead of picking every horse as the second part of the bet, you could narrow it down to a few horses. That would drop the size of the bet. Let’s say you think that the second-place horse will come down to the #3, #5, or #7 horses in the race.

What is a trifecta part wheel in horse racing?

When you select horses to finish in certain positions, a trifecta part wheel simplifies the number of individual bets necessary to cover all possible winning combinations. Example: You like the #2 and #3 to finish either first or second in the fourth race and the #4, #5 or #6 to finish third.

What does all and 1 mean in horse betting?

This bet will pay out if the #1 horse comes in first, and it doesn’t matter which horse comes in place as betting “all” bets on every horse on the field. You may also bet “$2 Exacta Wheel All and 1”, which will pay out if the #1 horse comes in second. Any horse may win. This can be done with many other bets, such as a Trifecta Wheel 1, 2 and All.

How much does it cost to wheel a horse?

Even though you are only making what seems like a single bet, you are paying a much higher price to do it. If you were making the $2 minimum wager that is common in the world of horse racing, that would mean you’d have to bet $14 to wheel this field.

How much does a partial wheel cost in horse racing?

You can have the wheel include only those horses, and you would win with the following outcomes: As you can see, there are only technically three bets here, which means that you would have to bet only $6 to initiate this partial wheel. Compare that to the $14 in our example above. Partial wheels can be deployed in many different ways.

How much does it cost to win at horse racing?

At a minimum bet of $1, you will need to pay $6 to cover your bet. Your Key horse will need to finish in first place, while two of your other selected horses will be required to finish in second and third place before you can consider yourself a winner.

How many horses should you pick in a trifecta?

Ideally, when making a trifecta bet, you can pick one or two horses in the race that you believe have the best chance of winning. “I like to key a horse on top followed by three or four horses over five or six horses for the third spot.

How much does a boxed trifecta cost?

A four-horse boxed trifecta costs $12 and a five-horse trifecta costs $60. Other types of Trifecta Banker Trifecta’s are the lower cost form of trifecta, but are considerably harder to strike. It is a bet type where bettors must select horses to finish first, second and third in the correct order.

What is the difference between a four-horse trifecta and a five-horse?

Common alternatives are the four and five-horse trifectas which cost more, but gives punters a better chance of success. A four-horse boxed trifecta costs $12 and a five-horse trifecta costs $60. Banker Trifecta’s are the lower cost form of trifecta, but are considerably harder to strike.

How much does a trifecta wheel cost?

Trifecta Wheel cost is $1 multiplied by total number of combinations. The calculation is more complicated because there are more possible combinations. Also, putting the same horse in multiple keys must be considered. Let A equal Key 1 number of horses, B equal Key 2 number of horses, C equal Key 3 number of horses.

Which is a better bet Quinella or wheel?

Therefore, the quinella is the better bet. A Quinella Wheel bet is picking sets of horses to finish top 2 in any order. Each set is called a key. Each key contains 1 or more horses. Quinella Full Wheel – Put one horse in the 1st key with all other horses in the 2nd key.

What is the difference between a trifecta and a superfecta?

In a Trifecta Box, any of the horses you selected must finish first, second or third in any order. In a Superfecta, you are selecting the top four horses in exact order of finish. You can key one or more horses in any of the four positions. If you like a particular horse, you may want to key that horse on top.

How many $1 combinations in a $1 trifecta?

For example, in an 8-horse field, a $1 Trifecta wheel of 3-All-All (horse three to finish first with the other 7 horses to finish second or third), would result in 42 possible $1 combinations at the cost of $42 and would pay off if horse 3 won the race and any of horses 1,2,4,5,6,7,8 finished second or third.