Horse Racing Betting
Horse Racing Betting
Horse racing betting is available every day at Diamond sportsbook as you can bet on horse races at many different racetracks around the world. There are a number of different options for each race starting with win, place and show wagers and continuing with exotic wagers like exacta, trifecta, the Daily Double, pick three, pick four and pick six, etc.
And the best part about horse racing betting is that you can make multiple wagers over and over again throughout the day at the online racebook and have continual action.
Let’s take a closer look at horse racing betting and some of the big races for the year like the Kentucky Derby, Preakness Stakes, Belmont Stakes and the Breeders’ Cup.
Horse Racing Bets
Win, place and show – This means that if you bet on a horse to win in horse betting he must win the race, if you are betting to place he must finish first or second, and if you are betting to show he must finish first, second or third.
Quinella, exacta, trifecta, Daily Double, Pick Three, Pick Four and Pick Six - The exacta is picking the exact order of finish of the first two horses in a horse betting race. A quinella is similar, but your two horses can finish in any order as long as they run first and second in horse betting. A trifecta is a horse racing wager in which you predict the order of the first three horses. A Daily Double is where you are predicting the winner of two consecutive races, usually the first two or the last two on the card.
With a Pick Three you must select the winner of three consecutive races and with the Pick Four you must correctly pick the winner of four straight races. Pick Threes are usually available on any three races while the Pick Four is a group of track-selected races, normally the last four races. The Pick Six can also be available and it is normally the last six races on the card or the last six races on the card except the final race.
Triple Crown Races
The most popular race of the year in horse racing betting is the Kentucky Derby. It is the first race in the Triple Crown and it is by far the most popular race of the year. It is held the first Saturday of May each year. Two weeks later is the Preakness Stakes and three week after the Preakness is the Belmont Stakes. A horse must win all three races to win the Triple Crown, something that has not been done since 1978.
The first Saturday in May is when many people start to get excited about horse racing betting each year. The Kentucky Derby is the first big race of the year and it is the most bet race of the year. The Kentucky Derby is also the race where bettors can hit a big ticket. There are 20 horses in the field which means some huge payouts are possible. Many bettors that don’t wager on any other horse race during the year will make a Kentucky Derby wager. There are big payoffs possible for exacta, trifecta and superfecta wagers.
The second race in horse racing’s Triple Crown is the Preakness Stakes. It takes place two weeks after the Kentucky Derby. Unlike the Derby, the race will not have a big field and the payouts are smaller. The race has historically been a race where the favorite does really well. It is also the race that determines if there will be a Triple Crown on the line in the upcoming Belmont Stakes.
It is usually all or nothing with Belmont Stakes betting as in years that a horse is going for the Triple Crown the action is huge while in years that there is no Triple Crown at stake the action is much less. It is getting to the point where many people are wondering if there will ever be a Triple Crown winner again as the last one was Affirmed in 1978. The Belmont is a grueling mile and a half race and no horse has been able to withstand the rigors or the Kentucky Derby and Preakness and then win the Belmont since 1978.
While the Kentucky Derby is the most popular single race of the year, the Breeders’ Cup is the most popular two days of horse racing. The Breeders’ Cup takes place each year in early November with four races on Friday and nine on Saturday including the Breeders’ Cup Classic which is the highlight of the horse racing card on Saturday.