Learn how to place bets on horse racing and find all the information required to become a seasoned horse racing punter. Browse our horse racing glossary, learn the best odds, bet types and more at Unibet Australia. However, in horse racing, you can place a Pick 3 parlay bet that counts as one bet. You don’t technically have to construct it yourself, as you do when you’re betting on conventional sports. For example, if the track you are betting at begins Pick 3 bets at $1, you can bet on the winner of all three races, but you only have to wager $1. On the provincial circuit in Australia there are six types of class races, and they range from Class 1 to Class 6. A Class 1 race is restricted to horses that have not won more than one race and the same goes for each of the other classes through to Class 6 which are restricted to horses that have not won more than six races. Horse Racing Bet Types A comprehensive guide to Australian horse racing bet types including win, place, doubles, quinella, trifecta, quadrella, and parlay betting types. Once upon a time the TAB had a monopoly on bet types, but bookies have introduced several exotic bettting options in recent years, rewarding punters with a variety of betting choices. A win bet is the method of selecting a horse to finish overall first in a particular race. The bet, which is also known as putting a bet ‘on the nose’, is the most popular wager in horse racing. Some bookies offer a “first past the post” feature which allows you to cash out as soon as a horse wins the race, even if it is later disqualified. Basic horse racing bet types. The main wage types “Win”, “Place”, and “Each Way” are fairly simple, but are the most popular. There are of course many other betting types available known as “exotic” bets, such as “Trifecta” (picking the 1st, 2nd an 3rd place finishers in order). Win bet types. Racing win bet types include: Best of the Best, Top Fluc, Better Div, Fixed Win, Best of 3 Totes, Mid Tote, Home Tote, Starting Price, Pick Your own Field, Lay Betting and Each Way Betting. All of these bet types are described below. If you’re new to betting on horse racing, then it’s important that you build an understanding of the basic horse racing betting types in Australia. Horse racing betting types are varied with many ways you can wager your hard-earned cash on the ponies. Below are the most common horse racing betting types that you should be aware of: Win. Sometimes known as “Straight up” or “On the nose”, a “Win” bet means you are betting on that horse to win the race. Second place is just not Learn about the many different horse racing bet types punters can rely on to boost their chances of winning bets. Skip to main content. About Us Contact Careers Subscribe . Get The Latest No Deposit Bonuses. Sign up to our newsletter and receive $20 There are many betting types to choose from when placing a wager. From singles to multiples, we have a list of some of the most popular types of bet. Betting Types Single. Arguably the most common betting type. A straight win bet, placed on a single event. Double. A single bet on two outcomes in different events.
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