How does a win place show bet payout

The Negatives of an Across the Board Wager However, the payout of this kind of bet is usually one of the lowest. It is also called the lazy bet, and rightly so as you do not need to spend a lot of time analyzing and making specific selections: less effort, fewer rewards. This result is the case unless you use The Wizards selections, where we research on your behalf and only suggest a handful of place bets each day at the track.

The bet can also get more expensive. It is sporadic that you will get back a substantial value, and your overlay is high. All in all, this bet is one of the least stressful chances, and when you are just starting — you want to have fun. This bet tactic is one of the best doors to enter the world of horse betting. The win place show bets allow you to do just that.

The other bets could seem lucrative, but the winning probability is relatively low even for the most experienced unless you are using The Wizards picks, which significantly increase your chances. Hence, these bets form the first nature steps for beginners. Do not get turned off by the modest payouts.

You can act smart, and win decently if you play your bets right. For instance, many experts advise to bet only on win bets and to pass on the other two place and show bets. If you are even a bit decent in your selection and can pick out multiple winners — you will compensate for the lost races.

The profit from a few win races will most likely be higher than what you will cash out in place and show. Point being, even with these small traditional bets, you can accumulate some cash and experience to play the more exotic bets. So, go out there and cash some small tickets on these straight bets! These bets sometimes allow for good wagering opportunities with a simple bet. Exacta Bet One of the oldest exotic wagers, the exacta requires you to select the top two finishers in the correct order.

If you've mastered the art of win, place and show wagers, try an exacta. An exacta is more difficult than win, place and show wagers, but yields a higher payout. You bet an exacta by selecting a minimum two horses to finish first and second. These horses must finish first and second, in that order, for you to win the wager.

If picking two horses in order sounds too difficult, you can "box" your wager. A boxed wager will win if your horses finish 1st and 2nd, in any order, making it more likely for you to win. Trifecta Bet The trifecta adds another layer of complexity, requiring you to pick the top three finishers in the correct order.

The minimum bet amount is often 50 cents. If you've mastered the art of win, place and show wagers, try a trifecta. A trifecta is more difficult than win, place and show wagers, as well as exacta wagers, so it yields a higher payout than any of those bets. These horses must finish first, second, and third, in that exact order, for you to win the wager. If picking three horses in order sounds too difficult you can "box" your wager.

A boxed trifecta wager will win if your horses finish 1st, 2nd, and 3rd, in any order, making it more likely to win. The superfecta is a challenging wager to hit, so the minimum wager amount at many tracks is just 10 cents, allowing bettors to play many combinations on small budgets. Then the Super High 5 is the bet for you. At some tracks, if no one manages to hit the Super High 5, the wagering pool carries over to the next race on which the Super High 5 is offered, providing a jackpot prize for the next round of winning players to split.

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