With an exacta bet, you are betting on two horses to finish in first and second place in the exact order you choose. The odds and payouts for exacta bets are higher than win, place, or show bets, but the risk is also higher. A quinella bet is similar to an exacta bet, but with a bit more flexibility.

With a quinella bet, you are betting on two horses to finish in first and second place, but in any order. The odds and payouts are lower than exacta bets, but the risk is also lower.

A trifecta bet is one of the most challenging types of horse racing bets. With a trifecta bet, you are betting on three horses to finish in first, second, and third place in the exact order you choose.

Trifecta bets offer high odds and payouts, but the risk is also very high. A superfecta bet is the most challenging type of horse racing bet. With a superfecta bet, you are betting on four horses to finish in first, second, third, and fourth place in the exact order you choose.

Superfecta bets offer the highest odds and payouts, but the risk is also the highest. Once you understand the different types of horse racing bets, it's important to understand how to calculate odds. There are three types of odds used in horse racing: decimal odds, fractional odds, and American odds.

Decimal odds are the most common type of odds used in horse racing. They are expressed as a decimal number, such as 2. Fractional odds are commonly used in the United Kingdom and Ireland. The first number represents the potential winnings, while the second number represents the amount of the bet.

American odds are commonly used in the United States. When it comes to placing horse racing bets, there are several factors to consider to increase your chances of winning.

Here are six factors to consider:. The horse's form is a crucial factor to consider when placing bets. Look at the horse's past performances to see how they have performed in previous races. Look for horses that have consistently placed in the top three positions.

The jockey's form is also an important factor to consider. Look at the jockey's past performances to see how they have performed in previous races.

Look for jockeys that have a high win percentage. The track conditions can greatly affect a horse's performance. Look at the weather forecast and track conditions to see if the horse has a history of performing well in similar conditions. The distance and surface of the race can also affect a horse's performance.

Look at the horse's past performances to see if they have a history of performing well on similar surfaces and distances. The trainer's success rate is also an important factor to consider. Look at the trainer's past performances to see how they have performed in previous races.

Look for trainers that have a high win percentage. The post position can also affect a horse's performance. Look at the horse's past performances to see if they have a history of performing well from similar post positions. Some of the biggest horse racing events in the world offer the best opportunities for betting.

Here are five of the most popular horse racing events to bet on:. The Kentucky Derby is one of the most prestigious horse racing events in the world. The race takes place on the first Saturday in May and offers huge payouts for winners. The Preakness Stakes is the second leg of the Triple Crown and takes place two weeks after the Kentucky Derby.

The race offers huge payouts for winners. The Belmont Stakes is the third leg of the Triple Crown and takes place three weeks after the Preakness Stakes.

Royal Ascot is one of the most prestigious horse racing events in the United Kingdom. The event offers huge payouts for winners and attracts some of the best horses in the world. The Cheltenham Festival is one of the most prestigious horse racing events in the world. The event takes place in March and offers huge payouts for winners.

The Grand National is one of the most anticipated horse races in the UK and Ireland, attracting millions of spectators and punters every year. The race, which takes place at Aintree Racecourse near Liverpool, spans over 4 miles and 30 fences, challenging both the horses and jockeys to their limits.

The Ebor Handicap is a prestigious flat horse race in the United Kingdom open to thoroughbreds aged four years or older. It is run at York Racecourse in York, England, during the Ebor Festival in August. The race was first run in , and its name is derived from Eboracum, the Roman name for York.

The event is sponsored by Sky Bet and is often considered one of the most competitive and valuable handicap races in Europe. The Nunthorpe Stakes is a Group 1 flat horse race in the United Kingdom that allows two-year-old or older horses to participate.

The race, which has been taking place since , is run over a distance of about five furlongs approximately 1, meters at York Racecourse. The Nunthorpe Stakes is one of the few races where two-year-old horses can compete against their elders. The event is named after Nunthorpe, an area of York. The speed and agility of the participating horses are often a highlight of this race.

The Juddmonte International Stakes is another UK-based Group 1 flat horse race that welcomes horses aged three years or older. It's run at York Racecourse over a distance of about one mile, two furlongs, and 56 yards approximately 2, meters , and it takes place annually in August as part of the Ebor Festival.

The event was first run in and is sponsored by the Juddmonte Group, an international leader in horse breeding. The International Stakes is renowned for attracting high-quality fields and has been named as Britain's best race by the International Federation of Horseracing Authorities. There are several betting websites that specialize in horse racing betting.

Here are four of the most popular horse racing betting websites:. Start Winning In Seconds To get the full benefits of numberFire, please sign up. Sign Up with FanDuel Sign Up with Facebook Sign Up With Yahoo Sign Up with Google By registering, you indicate that you agree to the Terms Of Service.

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Horse Racing Picks By Country At OLBG we provide racing predictions from 9 countries and over courses. US Racing Picks We cover all of the major racetracks so if you want to check out today's best picks on US racing, we have them all in one place for you on our US Horse Racing Picks page.

Canadian Horse Racing Picks Canada boasts some racecourses of its own which are often grouped with US courses. UK Horse Racing Picks The UK has arguably the highest quality horse racing in the World. Irish Racing Picks We know there are plenty of Irish racing enthusiasts in the US and they will argue the above point, especially when it comes to national hunt racing.

Australian Horse Racing Picks If you are an early bird then you might be able to catch some of the Australian horse racing. French Racing Selections French racing has some really high-quality races, particularly on the flat and for younger national hunt horses.