1 What Are The Different Types of Horse Racing Bets? 1.1 Single; 1.2 Double; 1.3 Treble; 1.4 Trixie; 1.5 Patent Bet; 1.6 Accumulator; 1.7 Yankee Bet; 1.8 Lucky 15; 1.9 Canadian; 1.10 Lucky 31; 1.11 Super Yankee; 1.12 Heinz; 1.13 Lucky 63; 1.14 Super Heinz; 1.15 Goliath; 1.16 Union Jack Trebles; 1.17 Union Jack Trixie; 1.18 Union Jack Patent; 1.19 Union Jack Round Robin; 1.20 Alphabet; 1.21 Single Stakes About These types of horse racing bets are a little bit harder to find but can be a great way of trying something new when you sit down to bet on the horses. Exacta Bet In the world of horse racing betting, an Exacta Bet is when you bet on which horse will finish first and which will finish second. The each-way bet is one of the most common types of wagers used in horse racing. It is a bet made up of two parts: the ‘Win’ part and the ‘Place’ part. It is pretty easy to understand straight bets. There are only three types: win, place, and show. Win Bets. A win bet means exactly what you think. Simply put, you must select the horse that crosses the finish line first in order to cash a ticket. Place Bets. Place bets require your horse to finish either first or second. Show Bets Lucky 15. A popular betting type among punters, it consists of four selections and 15 bets (hence the name) – four singles, six doubles, four trebles and a fourfold. Equivalent to a Yankee but with four singles, and only one selection must win to guarantee you a return. For example, a £2 Lucky 15 would cost £30. The bets include 5 singles, 10 doubles, 10 trebles, 5 four-folds and a five-fold accumulator. If only one selection wins, returns are paid to four times the odds. If four of the selections win, a bonus of 15% is added to total returns. If all five selections win, a bonus of 25% is added to total returns. Horse Racing Bet Types A comprehensive guide to Australian horse racing bet types including win, place, doubles, quinella, trifecta, quadrella, and parlay betting types. Once upon a time the TAB had a monopoly on bet types, but bookies have introduced several exotic bettting options in recent years, rewarding punters with a variety of betting choices. Types of Bets in Horse Racing With the first racetrack being constructed in the year of 1665, horse racing and betting has been around for an exceptionally long period of time. Due to the sport and it's betting industry being well-established for so long, the list of types of horse racing bets is quite extensive. Double– A double is one of the simplest types of horse racing bets that spans multiple races. A double requires the punter to pick the winner in two consecutive races. If there is a double available to bet on, there will be a reminder of it on the first leg of the double bet. Types of Bets. The most simple types of bets are a Win, Place or Each-Way option;. Win. A single win bet selects one outcome to happen from an event, like the winner of a football match or an F1 Grand Prix. This requires just one stake on a winning option. Place. A place bet backs a selection to finish (place) within a range of finishing positions set by a bookmaker.
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