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Different types of horse bets you can make money with

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The various types of horse bets that you can make money with

Here is a list of the various type of horse race bets you can make

Win: Horse must finish 1st.
Place: Horse must finish 1st or 2nd.
Show: Horse must finish 1st, 2nd, or 3rd.
Across the Board: Equal bets to win, place and show on a single horse. For example, if you say "$2 across the board" you will be betting a total of $6 on the race horse you select.
Daily Double: Select the winners of two consecutive races.
Exacta: Select the horses that finish first and second in exact order. The Exacta payoff is generally the Win payoff times the Place payoff of the second place horse.
Quinella: Select the horses that finish first and second in any order.
Trifecta: Select the first three horses in the exact order. The Trifecta payoff is generally the Win payoff times the Place payoff times the show Payoff.
Superfecta: Select the first four horses in exact order.
Pick 3: Select the winners of three consecutive races.
Pick 4: Select the winners of four consecutive races.
Pick 6: Select the winners of six consecutive races.
Parlay: Combine at least two races up to a maximum of six horse races, consecutive or non-consecutive, using Win, Place, or Show bets on a parlay betting slip. You collect only if all of selections win

 

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False Favorites horse bet racing system by Betfair trainer John Burgess