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or Tricast or Treble Forecast (UK). A bet placed on three horses to cross the
finish line in exact chosen order.
· Superfecta. A bet placed on four horses to cross the finish line in
exact chosen order.
· Daily Double. Similar to an accumulator you select the winners of the
first and second races on that day. You must place your bet before the start
of the first race.
· Jackpot. Pick six winners in six races to share in a Jackpot prize.
The rules and prizes will vary from race track to race track.
· Parlay or Accumulator. A multiple bet. A kind of 'let-it-ride' bet.
Making simultaneous selections on two or more races with the intent of pressing
the winnings of the first win on the bet of the following race selected, and
so on. All the selections made must win for you to win the parlay. If a race
is a tie, postponed or cancelled, your parlay is automatically reduced by one
selection; a double parlay becomes a straight bet, a triple parlay becomes a
double. A parlay bet can yield huge dividends if won.
· Future. A bet on a future event. At the start of each season, the sports
books give out odds for horses to win a certain event. The odds change as the
race date approaches and in most cases get shorter, but if you win you get paid
at the original odds that you took. This is possibly one of the most profitable
bets if you have considerable knowledge of the race that you are betting on
including the jockeys, and a good sense of judgment.
· Exotic Bets. Betting on unusual events. Some sports books post odds
and take bets on a wide variety of other sports related events and activities.
A few others will take bets on just about anything you can think of.
· Proposition Bet or Prop Bet. An offer of bets at odds and conditions
chosen by the sports book, usually on 'Exotic' bets.
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Some practical examples of betting and variations
The Daily Double: You win if you pick the winner of the first and second race.
To bet you say "$2 daily double on 3 (your pick to win in the first race)
and 5 (your pick to win in the second race)". Your bet must be placed before
the start of the first race.
Quiniela: You win if you pick two horses that finish first and second, in either
order, in any single race. To bet you say "$2 quiniela, numbers 5 and 6".
If the results of the first two horses are either 5-6 or 6-5, you win.
Quiniela Box: Pick three or more horses. You win if any two of your selections
finish first and second. To bet you say "$2 quiniela box on 4,5 and 6".
You are making three separate bets so your minimum bet is $6. If they finish
4-5, 4-6, 6-4, 6-5, 5-4 or 5-6, you win. You can box as few as three or as many
as the field.
Perfecta: The Perfecta is similar to the Quiniela, except the two horses must
finish in the exact order. To bet you say " $3 Perfecta, 5-6." Only
if the horses finish 5-6 you win.