8/3/2019 Wagering in Relation to Minimum Bets Allowed in Horse
Racing
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Wagering In Relation To Minimum Bets Allowed In Horse Racing
As a new punter, your main concern is how much each bet will
cost before youforward the ticket. Depending on each type of bet,
you need to know the cost andthis will also help you to manage your
bankroll as well as calculating the odds and
outs for each given race. In this guide, we will look at various
types of bets givingexamples of betting and variation.
For straight bets Win, Place or Show, the minimum wage allowed
is $2. Thus, thedividend is based on the $2 wager. For example, if
you have placed a straight betwith a total wager of $20 and the Win
price is $8.50 this means you would collect$85 ($20 multiplied by
$8.5 Win divided by $2 minimum.
Hint: Wagering on favorites has a Win Bet has an average of 30%
to win, anaverage of 45% to win or place and an average of 60% to
win, place or show.
Another common type of bet is the Daily Double bet at which you
get to select any
two horses that will finish in any order 1st or 2nd in the first
race and second race.You need to place your bet before the start of
the first race.
For Quiniela Bets, you get to select any two horses that finish
first or second in anyorder in any given race. The minimum bet for
Quiniela is $2. For example, you placea Quiniela Box of 5, 6 and 4.
Therefore, you are making three separate bets and thecombinations
would be the outcome of the horses finishing 4-6, 4-5, 6-4, 5-4,
6-5, or5-6 thus your minimum bet becomes $6 for Quiniela box
bets.
For Quiniela double, it is a bet of two winning Quiniela bets in
the last two races. Inorder to win, all Quiniela bets of the last
two races should be a win.
Now, with the Quiniela Wheel, you select any of your favorite
horse to win with allother horses. For example, you select a wheel
of 4 with a combination of 6 otherhorses your minimum bet would be
$12.
The Betting variations according to the minimum bet become
different and moreexpensive when placing the Perfacta and Trifecta
bets.
The minimum bet allowed for Trifecta bets is $1. For example, a
$1 Trifecta of 3-5-2would cost you a total of $6 because the
combinations would be finish 2-5-3, 2-3-5,3-5-2, 3-2-5, 5-3-2 or
5-2-3; for a win.
A straight Trifecta would cost $2 with a bet of any three horses
such as 7-4-5 andshould finish in the exact order.
Now looking at Perfecta bets, the minimum bet increases
depending on the numberof horses placed and an addition of a horse
increases the minimum bet by asignificant margin. For example, A
Perfecta box of 5 horses with minimum bet of $2would cost $40 due
to the fact that it consists of 20 bets and a Perfecta box of
6horses would cost $60 as it consists of 30 bets.
