You want to know what the best bet you can make in horse racing is? Well to be honest, that’s up to you to decide because there are different variables to what you as an individual will be willing to bet. Therefore the best thing for us to do, is talk you through several types of bets you can make, then you can decide which is the best bet for you!
Types of bets explained
TO WIN – You horse must finish in first position to win the bet.
BETTING EACH WAY – Two bets on the same horse. You are betting half of your total stake on the horse to win and half on it to be placed. If your horse wins, you win on both parts of the bet. If it just places the place part of the bet is paid out at a fraction of the win odds.
TO PLACE – Place betting means betting on a horse to finish in one of the stipulated places. In practice, this means finishing in the top 2, 3 or 4. The amount of places depends on the on the number of runners in the race. For example, if you were betting in a 10 runner race you would likely get 3 places whereas a 6 runner race would only allow 2 places.
FORECAST BETTING – Forecast betting involves selecting horses to finish first and second or first, second and third in the correct order. This is a lot harder than a simple win or each-way betting but the rewards are a lot higher.
Straight Forecast – The Straight Forecast involves picking the first and second horse in the correct order.
Exacta – Is the same as the Straight Forecast but the return is based on the Tote pool dividend. The minimum stake is £2.
Trifecta – The Trifecta requires you to name the first three in the race in the correct order, also to a minimum stake of £2.
MULTIPLES – There are ton of different multiple bets you can make. Here’s a link to see in more depth what these are – Multiple bet types
The explanation for these bets is as follows though, If you’re seeking a large payout from a relatively small stake, multiple bets are the best bet for you. It involves picking horses from several races, this can be to win or depending on the markets, to place. A multiple bet is anything upwards of a double (2 selections).
Looking for a daily multiple bet? Head to theracing.co.uk/tips to get an acca ready to load on to your bet slip everyday!