Analyzing the horse’s key statistics will help you decide which bets to place. While studying its form, you can learn a lot, and it can also tell you how it will perform on a race day. If you are new to horse betting, making all these different bets might seem a little intimidating. Fortunately, the Singapore horse racing live offers an excellent video that gives a thrilling experience of horse races. Besides, it will help you understand horse racing odds and strategies, from horse selection to placing a bet. It will also introduce you to different types of bets, such as the exacta bet, parlay bet, and accumulator bets.

Types of Wagers

While there are plenty of other types of wagers, three of the most common ones are win/place, show, and each way. These types of bets can be lucrative if you bet on long-priced horses. For newcomers, they may seem a bit complicated, but they can help you to make a profit from horse racing. In each way of wagering, you place equal amounts on a horse projected to win, finish second, or show in any order. The more selections you pick, the better your chances of winning.

Multiple Bets

You can also place multiple bets in a single race. This type of wager is similar to the double bet. However, it involves more combinations of horses and requires various selections. A Pick 3 requires selecting the winner of two races within a day. In Pick 4, five, and six races, you must choose three or more combinations of horses in one ticket. You can also make a Pick 6 wager if you’re interested in winning more than one race.

Tote Betting

In tote betting, your initial stake is included in the return, except for the winner. You need to have a method and analyze form when making these wagers. Alternatively, you can use data analytics websites to refine your search for value bets.

In the horse racing industry, it is essential to not only study the form but also to take the time to watch races to gain insight and information you might not be able to get from a guide. It will allow you to be more competitive and help you make better betting decisions.

To know more about horse betting bets, read this infographic from Junebet66. Visit their website to learn more.