Cost of Making Horse Racing Bets

EZ Horse Betting involves much more than good handicapping. To consistently make money at an online racebook you need to know how much bets costs and how much you are risking in order to win. Money management is the key to success. In this article we are going to look at a couple of popular bets and how much it will cost you to make them when betting horses online for real money.

How Much is a $2 Win Place Show Bet?

The Win Place Show bet at horse racing remains one of the most popular wagers that one can make at an online horse betting site. Many people want to know, how much is a $2 Win Place Show bet? The answer is $6. That is how much it will cost you to make this simple wager.

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To understand the Win Place Show bet you have to realize that you are actually making three separate wagers on one betting ticket. The minimum cost of each bet is $2. Therefore, you will spend a total of $6 to make the bet:

  • 1 $2 Win Ticket
  • 1 $2 Place Ticket
  • 1 $2 Show Ticket

Many bettors like the make this wager which is also known as Across the Board. It can be an effective wager when you feel like a certain horse is a lock to win the race. It can also be profitable when you have a longshot that you think could upset the betting public’s favorite horses in the race.

You must remember that your payouts will vary according to the odds of the horse that you have selected. You also have to remember that the win, place, and show pools are separate betting pools. It is very possible that a horse could pay a decent sum to place or even to show, but the chances of this go way down when the horse that you have chosen is a favorite in the race.

By way of suggestion we would say that a $6 straight win bet on the horse that you like would probably be a better investment than a $2 Win Place Show wager. This is especially true if the horse you are backing is offered at long odds. Trust you handicapping and bet that horse to win!

How Much Does it Cost for a $2 Trifecta Box?

The trifecta has long been one of the best bets in horse racing. This bet requires you to pick the top three finishers in a race. You must either pick them in correct order, or you can make the trifecta box which will pay you if the three horses you have chosen finish 1-2-3 in any order. So, how much does it cost for a $2 trifecta box? The answer is $6 for a $1 trifecta, $12 for a $2 trifecta.

Once again the key to understanding this bet is to grasp that you are making a total of 6 different wagers on one ticket. When you box the trifecta there are six possible winning combinations:

  • A, B, C
  • A, C, B
  • B, A, C
  • B, C, A
  • C, A, B
  • C, B, A

Anyone of those winning combinations will result in a winning ticket, but they are considered six separate wagers. Why? Because winning any one of them will negate the other five wagers. You cannot have a race result of A, B, C and C, A, B in the same race. Only one of the combinations on your trifecta box will be a winner. This means that you will have five losing tickets.

This is one reason why many serious handicappers do not recommend boxing horse race selections. To box the horses in a race means that you do not have a definite opinion on how the race will be ran. If your opinion is not that strong you should probably not be betting on the race.

The base unit for a trifecta at many online racebooks is just $1. That means that you can play the trifecta box for a total of $6. But the payouts listed on the tote board after the conclusion of the race are always based on a $2 wager. So, if the toteboard says the trifecta paid $100 you will receive $50 for a $1 trifecta bet. For a $4 trifecta bet you would receive $200.

We hope that we have answered your questions on how to make these popular race track bets. Are you ready to give it a try at an online racebook? Try one of the online betting sites we recommend today and you could be given a nice bonus on your first wagering deposit.

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