Learn about the various types of horse racing betting nowadays

These bets are usually slightly higher than the traditional bets described above. Exotics are still popular among horse racing bettors, mainly because they can afford hefty payouts.

Exacta betting

This is a bet where you must choose both horses to win in the correct order. This is much more difficult than just picking the winning horse, so the payouts from this bet type are significantly higher than the winning bet.

Quinella betting

Quinella betting is quite similar to Exacta. You only have to choose the two horses that will complete in the top two positions and do not need to be in the exact order. This makes Quinella betting easier, so the average bonuses are a bit lower as well. To increase the fun of this bet, some bookmakers may offer enhanced options with Quinella.

Bet Trifectas and Superinfas

With Trifectas and Superinfas, you are even harder to win than Exactas. For a Trifecta bet, you have to predict three horses to finish first, and for a Superinfa bet, you need to predict four horses to finish first. In either case, you must also choose the correct order to win.

It will be difficult for you to win with these two types of horse racing bets, but the payout is huge if you succeed. The biggest ever Superinfa bet bounty is almost a million dollars.

Daily Double

With the Daily Double, you have to correctly predict the horse to finish first in two consecutive races. Although this betting rule is easy to understand, it is not easy to win.

Bet on 3/4/6

All three types of bets are similar to the double bet with a higher number of predictions. For select 3, you must choose a winner for three consecutive races. The rules are the same for select 4 and 6. Many people only play Exotics betting because of the thrill and excitement that each bet brings. In each country, the types of betting will be slightly different.