Explanation of various horse race bets across America

Horse competition betting can be a complicated process if you wish to increase your bankroll. The actual horses, competition tracks, jockeys and many other factors influence the winning bet during the day. It takes careful studying as well as analysis to be able to reach to a successful conclusion and be able to separate the contenders from the pretenders. For the novice this article will give you and explanation of horse race betting and a few simple concepts to follow to win at the races.

Horse racing can be like mathematics�calculative. You have to take determined risks before you go for the big kill. It is crucial to get your fundamentals right if you want to make a few serious money.
There are several kinds of betting options popularly known as wagers on the race track. These people can be described as below:

Win: In this basic bet the chosen horse needs to finish first for you to be able to collect

Place: For this your horse needs to finish either on the first or second place

Display: Here the horse needs to finish either first, second or third for you to win

Exacta: In this wager you play two horses and both the horses should come in first or second place in the exact order as you have chosen. It is only then that you could collect your winnings

Exacta Box: In this betting choice, you choose two horses just as as Exacta. However, they if come in either first or second order for you to be able to collect.

Trifecta: Again, similar to the Exacta system, here you play three horses instead of two and they need to come first, second and third in the exact order as you have chosen

TrifectaKey: Similar to the Exacta box betting, here you choose three horses. The difference lies that the horse that you have chosen to win, called the key horse, needs to come first. The other two horses can come in either order, first or second.

Trifecta Box: You get to play three horses in this wager and they can come either fist, second or third and you will win

Superfecta, Superfecta Box and Superfecta Key work on the same lines as the Trifecta series the only difference being that you choose four horses instead of three.

The minimum wager on tracks across America is USD$2. But in the case of multiple wagers you can bet as low as 10 cents on some tracks.

When you place a bet at the tracks, all the cash goes into a common wagering pool. It is from this pool that the house takes their own cut for paying taxes and other expenses. After these expenses have been taken the remainder of the cash is handed out to the those who win.

After getting a reason of horse race betting and understanding it, it is necessary that you make a betting plan. Now your agenda ought to be to understand the several betting systems and get a hang of horse race handicapping.