The horse has been a constant companion of men and women for the past six millennia. They’ve functioned as beasts of burden, transportation and entertainment in the case of horse racing. We can’t be sure exactly when the idea of racing horses came about. But we do know it dates back to the most ancient human civilizations.
It is all the more impressive that the sport endures to this day. But of course, the game has changed quite significantly since the days of the ancients. The modern iteration of horse racing is structured and incredibly well regulated. It is also backed by a horse racing betting industry that is unmatched in the world of sports gambling.
Horse Racing Betting Options
The horse racing industry is backed by one of the biggest sports gambling markets in the world. But some may be surprised to learn that horse race betting is such a huge hit. After all, the sport itself does not draw in nearly as big of a crowd as football or basketball for example. While that is certainly true, many of the most prestigious horse racing festivals draw a high-class crowd; ranging from millionaires to royalty. When we keep that in mind, it isn’t all that shocking to learn how popular horse race betting is.
But the emergence of online sportsbooks has made it possible for Average Joes to become a lot more invested in the betting market. Online sports betting has allowed new fans to flood the online sports betting industry and uncover exciting new ideas about betting. In this article, we would like to give a guide to some of these new fans, and introduce them to new and exciting horse race betting options.
Classic Betting
The classic bet is a simple matter of who is going to win the big race. In horse racing, as in any racing activity, there is a clear winner; that being the horse that crosses the finish line first. The classic “to win” bet is a straightforward affair. The participants analyze the data of each individual equestrian and human athlete, and then make an informed wager about who is going to cross the threshold first. It is a fun and simple way to engage with an industry; especially for those who might be new.
Exacta
An exacta bet can be described as an elevated version of a “to win” wager. The stakes are higher with this one though, as the participant is wagering on the top two horses who are going to finish the race. There are two versions of an exacta bet. One requires the bettor to guess the horses that are going to finish in the top two, no matter the other. The riskier choice is to bet on the exact order that the equestrian athletes are going to end the run in.
Trifecta
The third and final bet type we are looking at is the trifecta. If an exacta requires you to bet on two horses, the trifecta challenges you to look at three. Once again, a bettor can choose between the simple top three in any order wager, or the far more challenging exact order bet. Those who enjoy taking risks will almost certainly opt for the latter.
