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The Rules of Horse Racing - types of bet Finance Articles |
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MessaggioInviato: Ven Ago 30, 09:01:29    Oggetto:  The Rules of Horse Racing - types of bet Finance Articles |
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The Rules of Horse Racing - types of bet Finance Articles | February 17
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, 2005
How to bet on horse racing and win! The first thing to understand is that in traditional horse racing betting, you are in direct competition with the 'bookie' - the person or company that lays the odds. They want your money, and you want theirs. Each bookie has an 'oddsmaker' - a person or system that creates their 'book'. In theory a book is structured so that the bookie can't lose - whoever wins the race, the odds are so structured as to guarantee a profit to the bookmaker.


The most common types of horse race bets are:-

Straight bet (a.k.a 'Single' or 'Win' bet). This is a bet that a certain horse will win. For this, you are given definite odds. If your selection wins, so do you, receiving back the amount specified by the odds you accepted.

Place bet. This is a bet that your horse will finish either first or second, and of course has worse odds than a straight bet.

Show Bet. This is a bet that your horse will finish either first, second, or third and of course has worse odds than a place bet.

Combination Bet. This bet allows you to choose between two and four horses to win in a specified order. The cumulative odds on this can multiply rapidly if you get it right.

Pick 3 bet. You must pick the winners of three consecutive races. This is surprisingly hard to do, as you have to choose all 3 before the first one kicks off.

Pick 6 bet. You must pick the winners of six consecutive races, choosing all 6 before the first one kicks off.

Quiniela or Reverse Forecast (UK) bet. You can bet on two horses to finish first and second in a single race where the order doesn't matter - either horse A is first and Horse B is second, or vice versa. To bet you say "$10 quiniela, numbers 3 and 7". If the results of the first two horses are either 3-7 or 7-3, you win.

Perfecta Exacta Straight Forecast (UK) bet. You bet on two horses to cross the finish line in exactly your chosen order. To bet you say " $5 Perfecta, 4-7." Only if the horses finish 4-7 you win.

Trifecta Tricast Treble Forecast (UK) bet. Like a Perfecta, but betting on three horses to cross the finish line in exactly your chosen order. To bet you say "$10 trifecta numbers 3,2 and 5." Only if they finish 3-2-5 you win.

Superfecta bet. That's right - you guessed it! four horses to cross the finish line in the exact order you specify. At
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we quite like this one.

Daily Double. Allows you to select the winners of the first and second races of the day, placing your bet before the start of the very first race. To bet you say something like "$5 daily double on 6 (your pick to win in the first race) and 2 (your pick to win in the second race)".

Jackpot bet. Like the lottery, you pick six winners in six races. Prizes vary, but because the odds are so extreme, they tend to be very large.

Accumulator bet. A sequence of bets of your choice, where you 'let it ride'. You bet on multiple races, and the winnings are passed along to the next bet in the sequence. If you get it right, this can multiply up to very large sums quite rapidly, although even one wrong call will mean you lose everything. Not for the faint of heart! (tied or cancelled races are simply removed from the accumulator).

Future bet. At the start of each horse racing season, you will be able to get odds on a horse to win a certain event at some future point which you specify. The odds you get are fixed, so even if they shorten for everyone else as the race approaches, you still get the original odds you were offered.

In the UK, bets are done slightly differently. If you want to place an each way bet, you need to know that with 2 to 4 runners you can't do place betting. With 5 to 7 runners you can bet on the 1st and 2nd and will win one quarter the odds. With 8 or more runners, you can go all the way to show and will win one fifth odds.

To complicate matters, handicap races have different rules - with 12 to 15 runners you can go all the way to show at one quarter odds. With 16 or more runners you can bet on the 1st, 2nd, 3rd and 4th at one quarter odds. Don't ever be afraid to ask for advice - the bookie WANTS you to bet and will explain ant term you don't understand. For more on Yankee bets and other horse racing tips, consult
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Article Tags: Horse Racing, Finish Line

The OCI is a status scheme that is available to a non-native of India who comes from a family i.e. parents or grandparents, of Indian citizenship. Since the Indian government does not allow dual citizenship, this is an alternative for traveling to India under a foreign citizenship. Under this scheme, there are several benefits that the individual can avail once he or she has registered. Keeping all the details in mind, we help give you a detailed process that can be followed for an Indian OCI application:

Phase 1: Registration process


The application process for the OCI card for India can be easily done online. All one has to do is log into the official website and submit the necessary details which include the applicant鈥檚 details and the parent鈥檚 or grandparent鈥檚 details. Details of the passport and other relevant information will also be needed to be submitted. The form will then have to be downloaded. There are two parts, namely, Part A and part B. Part A can be filled online and for the whole family, whereas Part B will have to be downloaded and filled handwritten.


Phase2: Documents required for the Indian OCI application process


Like any other travel permits, a standard set of documents must be submitted. The following certificated papers are required as per the requirements of the OCI card for India.
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MessaggioInviato: Ven Ago 30, 09:01:29    Oggetto: Adv






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