Types of Bets in Horse Racing

Horse racing offers a variety of betting options, providing punters with a wide range of choices based on their betting strategy. Whether you’re just starting out or you’re an experienced bettor, knowing the different types of bets available is essential. Below is a concise guide to some of the most common types of bets in horse racing.

Popular Horse Racing Bet Types

Common Horse Racing Bet Types

1. Single Bet
   A bet on one selection in a single race. If the horse wins, you win.

2. Double Bet
   A bet on two selections in different races. Both must win for the bet to pay out.

3. Treble Bet
   A bet on three selections. All three must win for a return.

4. Accumulator Bet
   A bet involving four or more selections across different races. All selections must win for the accumulator to be successful.

5. Each-Way Bet
   A bet split into two: one for the horse to win, and the other for the horse to place in the top positions.

Specialised Horse Racing Bet Types

6. Yankee
   A bet consisting of 11 individual bets on four selections (six doubles, four trebles, and one fourfold accumulator).

7. Lucky 15
   This is a Yankee with an additional four single bets, totalling 15 bets on four selections.

8. Super Yankee (Canadian)
   A bet on five selections consisting of 26 individual bets (10 doubles, 10 trebles, five fourfolds, and one fivefold accumulator).

9. Heinz
   A bet on six selections, which results in 57 individual bets (15 doubles, 20 trebles, 15 fourfolds, six fivefolds, and one sixfold accumulator).

10. Super Heinz
    A bet on seven selections, comprising 120 bets (21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, seven sixfolds, and one sevenfold accumulator).

11. Goliath
    A massive bet on eight selections, resulting in 247 individual bets (28 doubles, 56 trebles, 70 fourfolds, 56 fivefolds, 28 sixfolds, eight sevenfolds, and one eightfold accumulator).

12. Patent
    A bet on three selections, consisting of seven individual bets (three singles, three doubles, and one treble).

13. Trixie
    A bet on three selections and includes four individual bets (three doubles and one treble).

Forecast and Tricast Bet Types

14. Forecast Bet
    A bet predicting the first two horses to finish in the exact order.

15. Tricast Bet
    A bet predicting the first three horses to finish in the correct order.

Pool Betting Options

16. Placepot
    A pool bet where you must pick a horse to place in each of the first six races at a meeting.

17. Jackpot
    A bet where you pick the winners of six designated races, usually with high payouts.

18. Quadpot
    Similar to the Placepot, but you only need to pick a horse to place in the last four races