Different types of bets

If picking two horses in order sounds too difficult, you can "box" your wager. A boxed wager will win if your horses finish 1st and 2nd, in any order, making it more likely for you to win. Trifecta Bet The trifecta adds another layer of complexity, requiring you to pick the top three finishers in the correct order. The minimum bet amount is often 50 cents.

If you've mastered the art of win, place and show wagers, try a trifecta. A trifecta is more difficult than win, place and show wagers, as well as exacta wagers, so it yields a higher payout than any of those bets.

These horses must finish first, second, and third, in that exact order, for you to win the wager. If picking three horses in order sounds too difficult you can "box" your wager. A boxed trifecta wager will win if your horses finish 1st, 2nd, and 3rd, in any order, making it more likely to win. The superfecta is a challenging wager to hit, so the minimum wager amount at many tracks is just 10 cents, allowing bettors to play many combinations on small budgets.

Then the Super High 5 is the bet for you. At some tracks, if no one manages to hit the Super High 5, the wagering pool carries over to the next race on which the Super High 5 is offered, providing a jackpot prize for the next round of winning players to split. The minimum wager amount varies. Multi-race wagers can be a fun way to maintain a rooting interest throughout an entire afternoon of racing.

Double Also known as the Daily Double, this bet requires horseplayers to select the winners of back-to-back races. As with the Pick 5, many Pick 6 wagers award a jackpot bonus to any player skilled enough to craft the only winning ticket. For more guides on betting and handicapping, visit TwinSpires' betting guide library. Lucky 15 A popular betting type among punters, it consists of four selections and 15 bets hence the name — four singles, six doubles, four trebles and a fourfold.

Equivalent to a Yankee but with four singles, and only one selection must win to guarantee you a return. Lucky 31 A wager consisting of five selections and 31 bets — five singles, ten doubles, ten trebles, five fourfolds, and one fivefold. Only one selection must win to guarantee you a return. Super Yankee Also known as a Canadian, a Super Yankee is a bet on five selections consisting of 26 bets — ten doubles, ten trebles, five fourfolds and a fivefold accumulator.

Heinz The Heinz bet is a six-selection bet consisting of 57 bets: 15 doubles, 20 trebles, 15 fourfolds, six fivefolds and a one sixfold accumulator. Lucky 63 A Lucky 63 is a bet featuring six selections and 63 bets, including: six singles, 15 doubles, 20 trebles, 15 fourfolds, six fivefolds and one sixfold. Super Heinz The Super Heinz is a bet on seven selections taking part in various events consisting of 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, seven sixfolds, and a sevenfold accumulator which totals a huge bets.

Two selections must win to ensure any returns. Goliath A Goliath is a bet on eight selections taking part in various events consisting of 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, eight sevenfolds and an eightfold accumulator totalling bets. Alphabet This is a bet on six selections composed of 26 bets: two patents 14 bets , one yankee 11 bets and a sixfold accumulator one bet.

Single Stakes About A Single Stakes About is an Any To Come bet consisting of two selections from events, these are then compiled to produce two bets derived from two singles. Any return on each single up to the original stake amount is used to fund a further single on the other selection. Double Stakes About A Double Stakes About is an Any To Come bet consisting of two selections partaking in different events, which are compiled to produce two bets derived from two singles.

Any return on each single, up to double the original stake amount, is used to fund a another single on the other selection. Round Robin The Round Robin is a three selection wager compiled of ten bets: three doubles, one treble and three up-and-down single stakes about pairs. This forms three horizontal trebles, three vertical trebles and two diagonal trebles.

It costs double that of a traditional win bet and will yield some sort of return if the selection wins or is placed. Placepot The Placepot is another favourite for racegoers. Select a horse in each of the first six races at a specific racecourse on a single day, and if that horse finishes in the placings you win a share of the total pool. One unplaced selection and the bet is off!

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All three selections must win to guarantee a return. Accumulator An accumulator comprises of four or more selections in one bet. All of the selections must win to guarantee a return. Trixie A bet comprising three selections and four bets — three doubles and a treble.

A minimum of two selections must win to guarantee a return. Patent A bet involving three selections and seven bets — three singles, three doubles and one treble. It is the equivalent of a Trixie but with the addition of three singles. Yankee A bet consisting of four selections and 11 bets — six doubles, four trebles and a fourfold. A minimum of two selections must win to guarantee you a return. Lucky 15 A popular betting type among punters, it consists of four selections and 15 bets hence the name — four singles, six doubles, four trebles and a fourfold.

Equivalent to a Yankee but with four singles, and only one selection must win to guarantee you a return. Lucky 31 A wager consisting of five selections and 31 bets — five singles, ten doubles, ten trebles, five fourfolds, and one fivefold.

Only one selection must win to guarantee you a return. Super Yankee Also known as a Canadian, a Super Yankee is a bet on five selections consisting of 26 bets — ten doubles, ten trebles, five fourfolds and a fivefold accumulator. Heinz The Heinz bet is a six-selection bet consisting of 57 bets: 15 doubles, 20 trebles, 15 fourfolds, six fivefolds and a one sixfold accumulator.

Lucky 63 A Lucky 63 is a bet featuring six selections and 63 bets, including: six singles, 15 doubles, 20 trebles, 15 fourfolds, six fivefolds and one sixfold. Super Heinz The Super Heinz is a bet on seven selections taking part in various events consisting of 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, seven sixfolds, and a sevenfold accumulator which totals a huge bets. Two selections must win to ensure any returns.

Goliath A Goliath is a bet on eight selections taking part in various events consisting of 28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, eight sevenfolds and an eightfold accumulator totalling bets. Alphabet This is a bet on six selections composed of 26 bets: two patents 14 bets , one yankee 11 bets and a sixfold accumulator one bet. Single Stakes About A Single Stakes About is an Any To Come bet consisting of two selections from events, these are then compiled to produce two bets derived from two singles.

So here you might back Real Madrid and Barcelona to be the top two at the end of a Spanish La Liga season, without having to predict which one will win the league. Or in horse racing it could just be the first two horses past the post, without specifying the order.

This bet usually requires two stake units. Read more about reverse forecast bets here Combination forecast This is a bet on three of more selections to finish in first and second - in a specified order - in a race or event. So this is a combination of straight forecast bets. Thus there are multiple numbers of unit stakes and multiple bets being placed. If any other horse finishes in the top two the bet is lost. There is one unit stake and this type of bet is usually only available when there over a specific number of runners or participants in a race or event; e.

Read more about tricasts here Combination Tricast This bet involves naming three or more selections to finish first, second and third in the specified order in a race or event. Again we are talking about multiple bets in one, so there are six bets on three selections, 24 bets on four selections, 60 bets on five selections and so on, to cover all the permutations. Multiple stake units are at play.

Read more about combination tricasts here Full cover bets These are bets which combine all the potential doubles, trebles and accumulators over a specified number of selections. You could consider a double a full cover wager with only two selections. Trixie This is a full cover bet on three selections, comprising three doubles and a treble, so four separate bets. To gain a return the punter must be correct with at least two selections.

More elaborate bets such as a Yankee , Canadian , Heinz , Super Heinz and Goliath fall into the full cover bet category and we have specific descriptions on all of these bets available via the menu above.

Full cover bets with singles Similar to the full cover bets mentioned above but with single bets also in the mix. Patent The same as a Trixie but with three singles added to the combination. In a patent there are seven separate wagers being placed: three singles, three doubles and a treble.

Additional full cover bets including singles include the Lucky 15 , Lucky 31 , and Lucky 63 - which are also all covered in our individual guides on those bets.