How do you bet on horse racing in South Africa?
Bet on the horses to finish 1st, 2nd, 3rd and 4th in the exact order.
- Pick 3. Choose the winners of any 3 consecutive races.
- BIPOT. Choose a horse, or horses, to finish FIRST or SECOND in each of the 6 races that comprise the BiPot (Legs 1 to 6).
- Place Accumulator.
What are the different bets in horse racing?
Let’s explore a baker’s dozen of the most common bet types in horse racing:
- Standard wagers.
- Single-race (vertical) exotics.
- Exacta Bet.
- Quinella Bet.
- Trifecta Bet.
- Superfecta Bet.
- Super High 5.
- Multi-race (horizontal) exotics.
How do horse bets work?
A win bet means you bet on a specific horse to win the race. A place bet means the horse needs to finish second or first. A show bet means the horse you’re rooting for can place first, second or third. You win based on where the horse actually finishes, with exact selections paying out larger sums.
How are horse race payouts calculated?
Your payout is calculated by subtracting the amount of winning dollars from the total pool, then dividing the remaining pool by the amount of cash bet on the winner, and finally adding back in the winning bet amount.
How does a Pick 6 work in horse racing?
A pick 6 is a type of wager offered by horse racing tracks. It requires bettors to select the winners of six consecutive races. The pick 6 wager actually has two payoffs, one for bettors who pick all six winners, and a smaller payoff for those who pick five out of six.
How are horse bets calculated?
To calculate the exact odds on your horse, just subtract the take from the total pool, then subtract the amount bet on your horse to give you the amount of cash to be paid out.
What happens if you bet a horse to show and he wins?
You will receive a payout on both the win and show bet if your selected horse wins the race. However, if your horse comes in third place, you will only win the show bet.
How is pick 6 calculated?
To figure the cost of the Pick Six, multiply the number of horses in each race. This will be the total if the Pick Six at this track is a $1 wager. Multiply your total times two if the Pick Six is a $2 wager.