Horse Racing TRIFECTA Bets In the classic Trifecta bet you nominate the three horses to come first, second and third with their specific ranks. Because it includes three horses and their precise order in the first three, this is a complicated bet even for the experienced punter. Just one horse out of place ends your chances of winning on the race. This bet is very similar to a trifecta key, except that the key horse can finish either first, second or third — as long as at least two of the other horses on the ticket finish in the top three. For example a trifecta key box of 1 with 2, 3 would pay off on the following combinations: 1-2-3, 1-3-2, 2-1-3, 3-1-2, 2-3-1 and 3-2-1.
A trifecta horse racing bet creates big winnings if a bettor can predict the horses that will come in first, second, and third during a race. As horse racing bets go, trifecta betting is somewhat difficult to win. But if you pull it off, you can conceivably win a great deal of money on a relatively small wager. No other sport embraces the act.
Betting on a horse race for the first time — even the first few times — can be an intimidating endeavor. What are all of these options? Here's all the lingo you need to know before you place your first bet:
The Basics
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Winbet – A bet on a horse to finish first.
Place bet – A bet on a horse to finish first or second.
Show bet – A bet on a horse to finish in the money; third or better.
In the money – A horse that finishes first, second, or third.
Across the board – A bet on a horse to win, place, and show. If the horse wins, the bettor collects three ways; if second, two ways (place, show); and if third, one way, losing the win and place bets. It's actually three bets.
Morning line – The odds that the track handicapper predicts a horse will go off at.
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Exotic (bet) – Any bet other than win, place, or show that requires multiple combinations. Examples of exotic wagers are exacta, trifecta, Pick 6, Pick 4.
Daily Double (or Double) – Type of bet calling for the selection of winners of two consecutive races.
Exacta – A wager in which the first two finishers in a race, in exact order of finish, must be picked.
Box – A betting term denoting a combination bet whereby all possible numeric combinations are covered for certain horses.
Exacta box – A wager in which all possible combinations using a given number of horses are selected. For example, an exacta box using horses 2,4,6 would produce a winning ticket if any two of those three horses finished first and second, regardless of the order (2-6, 4-2, 6-4, etc.).
Trifecta – A bet in which the first three finishers must be selected in exact order.
Trifecta box – A trifecta wager in which all possible combinations using a given number of horses are bet upon.
Pick (6 or other number) – A type of multi-race bet in which the winners of all the included races must be selected. Pick 3, Pick 4, Pick 5, Pick 6 are commonly used by tracks in the United States.
Brush Up on Gambling Lingo
Bounce – A racehorse's especially poor performance on the heels of an especially good one.
Chalk – Betting favorite in a race.
Chalk player – Gambler who wagers on favorites.
Key horse – A single horse used in multiple combinations in an exotic bet.
On the board – Finishing among the first three.
On the nose – Betting a horse to win only.
Overlay – A horse whose odds are greater than its potential to win. Professional bettors target overlays, meaning they target bets that offer better than fair value odds.
Underlay – A horse whose odds are less than than his potential to win. Betting horses whose odds are worse than fair value is a poor strategy.
Parlay – A multi-race bet in which all winnings are subsequently wagered on a succeeding race.
Speed Figure – A metric that rates a horse's performance in a race, which is determined by a combination of the horse's performance and the level of competition he/she competed against.
Wheel – Betting all possible combinations in an exotic wager using at least one horse as the key.
The trifecta is one of the most popular online betting choices among horseplayers, and for good reason. A small investment can turn into a generous windfall if you can correctly pick the exact running order of the top three finishers in a horse race. However, being a consistent winner in horse race trifecta betting takes smarts, handicapping prowess, and a little luck does not hurt either.
Trifecta bets can be broken down into several key elements:
• Handicapping a horse race and coming up with the major contenders in a race.
• Finding a horse race in which at least one or two of the top three betting favorites looks vulnerable.
• Laying out the trifecta tickets to maximize profits and coverage.
*Below are a few horse racing trifecta betting tips to keep in mind when heading to the betting window
Selecting the Race
In general, do not wager on races in which there are six runners or less, or in a race where you think the top two betting choices are going to complete the exacta. Even if you land a longshot in the third slot, the trifecta seldom will come back with a good payoff, and in the long run is not a good bet.
The best races to attack when doing trifectas is when you can find a race in which one or two of the top betting choices look weak, and in a large field where there are several live longshots that can land in the money.
Laying Out Your Ticket
The biggest mistakes is how tickets are played. Many horseplayers will narrow the field down to three or four horses, and just box the contenders.
Here is a look at the costs for boxing:
$1 trifecta box using 3 horses = $6
$1 trifecta box using 4 horses = $24
$1 trifecta box using 5 horses = $60
$1 trifecta box using 6 horses = $120
Using a box strategy is fine if you actually think each horse on your ticket has an equal chance of winning, but that is seldom the case. A better strategy is to find one or two key horses that have the best chance to win, then more of your bankroll can be devoted to the second and third slots, which are generally trickier to fill.
Instead of just boxing your top four selections for a $24 investment, you could lay out the ticket like this:
- 1,2 over 1,2,3,4 over 1,2,3,4,5,6 = $24
A $60 ticket could look like this:
- 1,2,3 over 1,2,3,4,5 over 1,2,3,4,5,6,7 = $60
Most horseplayers find it easier to pick a winner than it is to find the horse that is going to land home third, and by spreading out on the bottom end of the ticket, you just might land a few longshots that complete a hefty trifecta payoff.
The 50-Cent Trifecta
Some tracks are now taking 50-cent trifectas, which give horseplayers added options.
Winbet – A bet on a horse to finish first.
Place bet – A bet on a horse to finish first or second.
Show bet – A bet on a horse to finish in the money; third or better.
In the money – A horse that finishes first, second, or third.
Across the board – A bet on a horse to win, place, and show. If the horse wins, the bettor collects three ways; if second, two ways (place, show); and if third, one way, losing the win and place bets. It's actually three bets.
Morning line – The odds that the track handicapper predicts a horse will go off at.
Ready for the Next Step?
Exotic (bet) – Any bet other than win, place, or show that requires multiple combinations. Examples of exotic wagers are exacta, trifecta, Pick 6, Pick 4.
Daily Double (or Double) – Type of bet calling for the selection of winners of two consecutive races.
Exacta – A wager in which the first two finishers in a race, in exact order of finish, must be picked.
Box – A betting term denoting a combination bet whereby all possible numeric combinations are covered for certain horses.
Exacta box – A wager in which all possible combinations using a given number of horses are selected. For example, an exacta box using horses 2,4,6 would produce a winning ticket if any two of those three horses finished first and second, regardless of the order (2-6, 4-2, 6-4, etc.).
Trifecta – A bet in which the first three finishers must be selected in exact order.
Trifecta box – A trifecta wager in which all possible combinations using a given number of horses are bet upon.
Pick (6 or other number) – A type of multi-race bet in which the winners of all the included races must be selected. Pick 3, Pick 4, Pick 5, Pick 6 are commonly used by tracks in the United States.
Brush Up on Gambling Lingo
Bounce – A racehorse's especially poor performance on the heels of an especially good one.
Chalk – Betting favorite in a race.
Chalk player – Gambler who wagers on favorites.
Key horse – A single horse used in multiple combinations in an exotic bet.
On the board – Finishing among the first three.
On the nose – Betting a horse to win only.
Overlay – A horse whose odds are greater than its potential to win. Professional bettors target overlays, meaning they target bets that offer better than fair value odds.
Underlay – A horse whose odds are less than than his potential to win. Betting horses whose odds are worse than fair value is a poor strategy.
Parlay – A multi-race bet in which all winnings are subsequently wagered on a succeeding race.
Speed Figure – A metric that rates a horse's performance in a race, which is determined by a combination of the horse's performance and the level of competition he/she competed against.
Wheel – Betting all possible combinations in an exotic wager using at least one horse as the key.
The trifecta is one of the most popular online betting choices among horseplayers, and for good reason. A small investment can turn into a generous windfall if you can correctly pick the exact running order of the top three finishers in a horse race. However, being a consistent winner in horse race trifecta betting takes smarts, handicapping prowess, and a little luck does not hurt either.
Trifecta bets can be broken down into several key elements:
• Handicapping a horse race and coming up with the major contenders in a race.
• Finding a horse race in which at least one or two of the top three betting favorites looks vulnerable.
• Laying out the trifecta tickets to maximize profits and coverage.
*Below are a few horse racing trifecta betting tips to keep in mind when heading to the betting window
Selecting the Race
In general, do not wager on races in which there are six runners or less, or in a race where you think the top two betting choices are going to complete the exacta. Even if you land a longshot in the third slot, the trifecta seldom will come back with a good payoff, and in the long run is not a good bet.
The best races to attack when doing trifectas is when you can find a race in which one or two of the top betting choices look weak, and in a large field where there are several live longshots that can land in the money.
Laying Out Your Ticket
The biggest mistakes is how tickets are played. Many horseplayers will narrow the field down to three or four horses, and just box the contenders.
Here is a look at the costs for boxing:
$1 trifecta box using 3 horses = $6
$1 trifecta box using 4 horses = $24
$1 trifecta box using 5 horses = $60
$1 trifecta box using 6 horses = $120
Using a box strategy is fine if you actually think each horse on your ticket has an equal chance of winning, but that is seldom the case. A better strategy is to find one or two key horses that have the best chance to win, then more of your bankroll can be devoted to the second and third slots, which are generally trickier to fill.
Instead of just boxing your top four selections for a $24 investment, you could lay out the ticket like this:
- 1,2 over 1,2,3,4 over 1,2,3,4,5,6 = $24
A $60 ticket could look like this:
- 1,2,3 over 1,2,3,4,5 over 1,2,3,4,5,6,7 = $60
Most horseplayers find it easier to pick a winner than it is to find the horse that is going to land home third, and by spreading out on the bottom end of the ticket, you just might land a few longshots that complete a hefty trifecta payoff.
The 50-Cent Trifecta
Some tracks are now taking 50-cent trifectas, which give horseplayers added options.
Trifecta Box Betting
With 50-cent tickets now available in online horse trifecta betting, even horseplayers with a limited bankroll can cover more options. The two examples of our trifecta keys above would be half the price, $12 and $30.
Of course, the payoff if you hit the trifecta would be half. However, with the money saved by halving the ticket, an astute horseplayer could play extra tickets with key horses.
For example the 1,2 over 1,2,3,4 over 1,2,3,4,5,6 for $12 could be supplemented with additional tickets.
For instance the following 50-cent tickets:
1 over 2 over 3,4,5,6,7,8 = $3
1 over 2,3 over 2,3,4,5 = $3
1 over 2,3,4 over 2,3,4 = $3
2 over 1,3 over 1,3,4,5 = $3
Trifecta Horse Betting Strategies
If your two key horses finish in the first and second spot, you are lined up to hit the trifecta multiple times. The key to successful trifecta wagering is to structure your tickets according to what you think the probabilities of the outcome are going to be.
You will save money by structuring your horse race trifecta betting tickets in this manner. While you may cash fewer tickets than using a boxing method, in the long run your return on investment will be higher. In addition, having multiple tickets with your key horse in the top spot could lead to higher payoffs.
These are just a couple of horse racing trifecta betting strategies that can make your online horse wagering more enjoyable and profitable. Who to bet on melbourne cup.
