Betting types explained

 

There are two categories when it comes to betting: straight wagers and exotic wagers. Straight wagers involve betting on one horse, while exotic wagers involve multiple horses in the one bet.

Straight wagers betting options

If you are a beginner, a straight wager is most suitable as they are simple, easy to set up and relatively cheap to bet on:

Win – your horse will be first place in its race

Place – your horse will come first or second in its race

Show – your horse will come first, second or third in its race

Combo Straight Wager – your horse to win, place and show in its race

Win/Place – your horse will win and place in its race

Place/Show – your horse will place and show in its race

Exotic wagers betting options

Exotic wagers are for the more seasoned punters as they are more difficult, more expensive and can be harder to win. However, as you are betting on multiple horses in a single bet, the payoffs are usually higher than in a straight wager. Exotic options to bet on:

Exacta – two horses to place first and second in a particular order in its race

Quinella – two horses to place first and second in any order in its race

Trifecta – three horses to place first, second and third in a particular order it race

Superfecta – four horses will finish first, second, third and fourth in a particular order.

 

Coffs Harbour Racing Club does not encourage gambling.