Wager Betting

Posted By admin  On 08.03.21

Straight Bets

Win: The simplest bet you can make on a horse race. A Win bet is an attempt to predict the horse that will win the race. If the horse wins, you will collect on your bet. The odds listed for the horses on the toteboard are the Win odds for each horse. For example, if a horse shows '5' on the toteboard, if you bet him to Win for $2, you will get back $12 (5 times $2 plus your original $2 bet). This $2 payoff of $12 would also be shown on the result payoffs under the Win column (1st column) for the horse when the race is official.

Place: Similar to the Win bet, a Place bet on a horse is a bet that the horse will finish in first or second. If the horse does finish in one of the top two spots, you will collect the amount shown in the Place column (2nd column) for that horse on the result payoffs for each $2 you have bet. If you make a Place bet, note that it does not matter if the horse wins or comes in second, you will win the same amount. This bet has less risk than a Win bet, but also a smaller reward. If you are confident the horse will win the race, you will receive a larger return betting the horse to Win.

Show: Another variety of a straight bet, the Show bet is used when you want to bet that a horse will finish in the top 3 positions in the race. For every $2 bet on the horse to Show, you will collect the amount shown in the Show column (3rd column) for that horse on the results payoffs. Again, if the horse comes in first or second, you will not win any more money than if the horse finishes third. This is the safest of the straight bets but also offers the smallest return. If you are confident the horse will finish better than third, you would have a larger return placing a Win or Place bet.

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Fortnite Betting Wager

Combination Straight Bets

Stocks market betting are wagers on a particular stocks closing price on the New York Stock Exchange in US Dollars. Wagers will be graded after the closing bell after 4pm eastern standard time, and reference with marketwatch.com. The bet is to hit the over or under on a particular stock price in a particular date determined by the Lines makers.

Across the Board (Win/Place/Show): This is a combination of the Win, Place, and Show wagers. If you bet a horse 'across the board' you are effectively betting him to Win, Place, and Show. If the horse wins, you collect on all 3 bets. If the horse comes in 2nd, you collect the Place and Show payoffs. If the horse comes in 3rd, you collect on the Show bet only. Since this is actually 3 bets combined, a $2 bet 'across the board' will cost $6.

Win/Place, Place/Show: These are simply 2 bet combinations of Win/Place and Place/Show, respectively. For a $2 bet, they cost $4.

Exotic Bets: Single Race

Exacta/Perfecta/Exactor: One of the simplest single-race exotic bets, the Exacta is the combination of predicting the winning horse and the second-place horse, in order. This will pay more than betting either of the horses to win or place. A $2 bet on an Exacta will pay out the amount shown for an Exacta bet on the wager payoffs after the race is official.

Quinella: Similar to the Exacta, but this does not require the bettor to predict the order of the top two horses. Simply put, the bettor only has to pick the horses which will finish in the top two places, but does not have to predict which of those two will actually win the race. Since this is easier to predict than an Exacta, it also pays less than the Exacta (typically it pays about half of the Exacta payoff).

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Trifecta/Triactor: The Trifecta takes the Exacta a step further. It requires the bettor to pick the horses, in order, that finish in the top 3 positions in the race. It is significantly harder to predict than an Exacta, and accordingly will pay out much more for a winning bet. A $2 bet on a Trifecta will pay out the amount shown for the Trifecta on the wager payoffs after the race is official.

Superfecta: The most difficult of the single-race exotics, the Superfecta, requires the bettor to predict the first four finishers, in order. Predicting a Superfecta is very difficult and will always require the bettor to take different combinations of horses so that there are more chances of winning. The payoff for a Superfecta is generally very high, and is typically shown on the wager payoffs based on a $1 bet.

Wager castle betting

Exotic Bets: Multiple Races

Double: A Double is the simplest type of wager that spans multiple races. It requires the bettor to pick the winner in two consecutive races. Most tracks usually offer an Early Double (Races 1 & 2) and a Late Double (last two races on the card). There are also tracks that offer Double's in the middle of a card. If there is a Double available to be bet on, there will be a note of it on the first race (or leg) of the Double wager. The $2 payoff for a Double will be shown on the results for the second leg of the wager.

Pick 3/Pick 4/Pick 6 (Classix): These bets are all similar to the Double wager, only differing in the amount of consecutive races that a bettor needs to predict the winner. The larger the number, the harder it is to pick, as well as the greater the payoff. For these bets, it is recommended to take several combinations of horses in each race to increase your chances of winning (although this also increases the cost). Many race tracks have at least one or two available Pick 3's and/or Pick 4's on a card. Some tracks also offer one Pick 6 per card. If there is available Pick 3/4/6 to bet on, there will be a note of it on the first race (or leg) of the wager. The payoff for one of these bets will be shown on the results for the last leg of the wager. For Pick 3s and Pick 4s, if nobody has the required number of races correct, they will typically pay out for people who missed one less race. For example, if nobody predicted a Pick 4 correctly, people who had 3 of 4 correct will get paid. In addition, the payoff results would indicate a payoff for 'Pick 4 (3 of 4 correct)'. For a Pick 6, typically the track will also give a small payoff to bettors who had 5 of 6 correct. However, if nobody had all 6 correct, the majority of the Pick 6 pool will be carried over to the next racing day, making the subsequent Pick 6 pool even larger.

Place Pick All: This bet is similar to a Pick-x bet, except that you need a horse to place (come in 1st or 2nd) in each race, instead of to win. With a Place Pick All bet, you must pick a place horse in EVERY race on the card (usually 8 or 9 races).

When looking to venture out into sports gambling, you are likely to find hundreds of online sports betting sites out there. When looking for the best sports betting sites, therefore, the most important issues to consider are the perks that come with the websites. This will ensure you enjoy the greatest sports betting online experience. These perks include signing bonuses and easy usability among others. In this article, we are going to review three of the best online betting sites, which are Bovada, BetOnline, and MyBookie.

#1 Bovada

Bovada.lv also known as Bodog.com in Canada is among the best sports gambling websites that has been in existence since 1994. The site’s domain is registered in Latvia. The platform provides access to sport, casino, poker, and racebook wagering.

Bovada has continually offered promotions and offers to its customers. For instance, first-time deposits for sports get bonuses of 50 percent for deposits up to $250, 100 percent for deposits up to $1000 for casino bets, and 100 percent for deposits up to $1000 as poker bonus.

Making a deposit or a withdrawal is easy and only attracts a small fee. For first-time deposits, the processing fee of 4.9 percent is waivered. Payouts are done using rapid transfer, otherwise known as money gram.

Betting

Bovada allows sports betting online on their user-friendly mobile interface or in their state of the art poker and casino gaming rooms. The minimum wager online is $1 and $50 for mobile bets. The only limitation to using Bovada is that the odds are posted late and that they have very low wager limits.

#2 BetOnline

Licensed and regulated in Panama, BetOnline offers sports, live, poker, casino, and live dealer types of betting. It offers a wide range of payment options and several accepted currencies, thus making it one of the most convenient sites for customers across the world.

Wager Castle Betting

You get a welcome bonus of 50 percent on deposits up to $2500. However, bonus levels are tiered for different types of wagering. The online game library is categorized into 3D slots, table games, slots, and video poker. Most of the bets are placed online since their mobile platform only allows sports betting.

Sports Betting Wager Calculator

Maximum and minimum deposits and withdrawals are different for different payment options that are offered on BetOnline. Its major shortcoming is that it has high rollover requirements that customers might find difficult to understand.

Sun Wager Betting

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#3 MyBookie

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Betting Wager Ideas

MyBookie is one of the newest top online sports betting sites in the market. It was established in 2014 in Costa Rica and is fast growing to compete with other older bet staking sites. The minimum online wager on MyBookie is $10 and the maximum is $1000. For mobile wagers, however, there are no limits.

Horse Betting Wager Types

Wagering options for MyBookie include straights, totals, open wagers, action points, teasers, reverses, if bets, futures, and money lines among others. You can bet on games such as NFL Football, college basketball, NBA basketball, NHL hockey, soccer, golf, and horse racing among others.

With one of the highest bet bonuses in the industry, MyBookie gives you a welcome bonus of up to 50 percent for up to $1000 if you are a first time depositor. For reloads, they offer a 20 percent cash bonus. This makes it one of the best sports betting sites.

Wager Sports Betting

Its mobile platform has a user-friendly interface that makes it very easy to use. Their customer service is also highly efficient and offers top-notch customer service. This puts them among the best online betting sites today. MyBookie, however, only caters to recreational gamblers as opposed to other top sites that allow professional gambling. The site has also been said to lean more on the US sports market as compared to international sports.