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All you Need to Know About Types of Wagers Placed in a Handicapping Contest!

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Maria paul

Did you always wish to be a handicapper and think you can perform better than the so-called “experts”? Then you must head towards some Handicapping contests and test your luck! There are many free horse racing handicapping contests conducted worldwide, and anyone is free to enter, FREE OF CHARGE, and win real cash prizes.

You simply need to pick a favourite horse in each race along with a backup, and by the end of the day, the person picking most horses in the money will accumulate the most points and be crowned the winner.

Sounds simple? The bonus tip yet awaits you! Handicapping or Wagering isn’t a simple game; it is all about complex bets and the God of luck by your side! Since ages, the scenes on wagers and betting windows at various horse tracks has remained constant, with every wager desiring to bet on the fastest horses. But before everything, it is vital to know the types of bets placed during handicapping contests!

Win-Place-Show Bets

Wagering can be real fun, provided you know a couple of tricks to place bets. There are several betting methods offered, but these are the most basic:

  • "Win" wager: You place a bet on a horse to win. If the horse wins and finishes, you have the cash prize in your pocket.
  • "Place" wager: This involves placing a wager on a horse to finish in the top two. If the horse finishes in the stated ranks, i.e., first or second rank, you win.
  • "Show" wager: You place a wager and win if a horse you chose finishes in the top three.

A winning wager yields the highest payoff due to the high risk involved.

Exacta Bets

In a handicapping contest, you can take the opportunity to try your hands-on exacta bets as this is a more complex and challenging form of betting. The reason why such bets yield a higher pay-out! You need to select two horses to finish first and second. You win if the chosen horses finish in a similar sequence. You can also go to the "box" wager. You likely win if your horses finish 1st and 2nd in any order.

Trifecta Bets

Yet another wager you can try to master is a trifecta bet. It has a higher difficulty level than the other two stated wagers, thus, yields the highest pay-outs. You must choose at least three horses, and if your waging partners finish first, second, and third in the exact sequence as you chose, you win!

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Maria paul
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