What is an exotic bet sports

Exotic horse racing betting is a great way to get involved in a big race. This type of bet is made on horse races or other parimutuel races that allows you to. What is an exotic bet sports single bets are among the most popular ways to bet on horses. These involve wagering on the finishing positions of multiple horses at. Exotic Bets. Exotics betting allows you to get creative by placing bets on very specific ‐ and often complex ‐ outcomes on a given event. In Exotic Betting, the horseplayer takes a colorful wagering ride by learning to maximize profits by betting on a multitude of exotic wagers including the daily.

The Excitement of Exotic Bets in Sports Betting

In the world of sports betting, there is a unique niche that adds an extra layer of excitement and intrigue for seasoned punters - exotic bets. These types of bets go beyond the traditional win, lose, or draw outcomes, offering a variety of options for those looking to spice up their betting experience.

What makes exotic bets stand out is their complexity and the potential for huge payouts. While they may involve more risk, the thrill of hitting a long-shot bet and reaping the rewards is unmatched. From parlays to teasers, prop bets to futures, exotic bets come in various forms, catering to different preferences and strategies.

Parlay bets are a popular choice among bettors looking to combine multiple selections into a single wager. While the odds of winning a parlay are lower due to the increased number of variables, the potential payout is significantly higher compared to a standard bet. This type of bet requires all selections to win for the bettor to cash in.

Teasers offer a similar concept to parlays but allow bettors to adjust the point spreads in their favor, albeit at lower odds. This type of bet is ideal for those looking to mitigate risk by manipulating the betting lines slightly in their favor.

Prop bets, short for proposition bets, are wagers placed on specific outcomes within a game or event. These can range from the number of points scored by a player to the color of the Gatorade dumped on the winning coach. Prop bets add an element of fun and unpredictability to sports betting.

Futures bets involve predicting the outcome of a future event, such as the winner of a championship or tournament. These bets are typically placed well in advance and offer high payouts if the prediction turns out to be correct.

While exotic bets may be more challenging to win, the potential for a significant payoff keeps bettors coming back for more. It is essential to approach these types of bets with caution and a solid understanding of the sports and markets involved.

So, whether you're a seasoned punter looking for a new challenge or a casual bettor seeking some extra excitement, consider trying your hand at exotic bets. The thrill of hitting that long-shot wager and celebrating a big win is an experience like no other in the world of sports betting.

Exotics betting

How do I place an exotic bet? You can do this either by placing a single bet on all the horses in a race or by picking and choosing which horses you think will win and putting money down on them individually. Exotic bets usually offer better odds than straight bets, making them more popular with seasoned bettors.

What is an example of an exotic bet? There are a number of different exotic wagers: Exacta: Pair the top two finishers in a single given race, often pays $10-50 on a $1 or $2 wager. Trifecta: Pick the top three finishers in a single given race, often pays $100-500. Superfecta: Pick the top four finishers in a single given race, often pays $1,000 and up.

What is a monkey bet? Monkey – Betting slang for £500. Nap – The best bet of the day from one tipster. Odds On - Where a bet's winnings are less than the stake - e.g. winning a £5 bet at odds of ½ results in a £7.50 win (including stake). Pony – Betting slang for £25.

What is a thousand dollar bet called? Dime: Slang for a $1,000 wager. Dollar: Slang for a $100 wager. Edge: An advantage a gambler may feel they have through extensive research of a game or a team. An edge is where there might be value in a sports bet. Even Money: Odds that return the same amount as the original bet, often referred to as “50-50” odds.

What does exotic mean in racing? Exotic betting refers to an extremely popular group of horse racing wagers that all include a component where you must wager on multiple horses. This can take place during one race or over a span of multiple races. Many bettors love exotic wagers because you can make a lot of money in a short period of time with them.

What is an exotic Tote bet? Types of Tote bets

What are exotic prop bets? Some game props and player props might already seem exotic enough. However, there are actual exotic prop bets that differ from the standard variety. Exotic props refer to bets that go beyond simple happenings, like total passing yards or a coin toss.

How are exotic bets calculated? Exotic Multi Bets. Some bookmakers provide their own exotic options, such as a Place Card. This is selecting four horses to finish in first, second or third place in four designated races, basically a quadrella for place getters. Place odds are multiplied together to calculate a price.

Exotic Horse Racing Bets (What They Are And How They Work)

Please note that the odds displayed are true by the moment you witness them. Due to the essence of the pari-mutuel system, the exact payout will become clear at the very last moment when bets are no longer accepted. This means you are more likely to place a successful bet, however, with less lucrative profit. If somebody tells you horse racing betting is not suitable for punters who pursue mammoth payouts, he is totally wrong and simply does not know the sport in detail.

Do not get us wrong, neither this is an easy to perform wager, nor profit is always that high. As the name suggests, Trifecta covers the performance of three horses as you must indicate their exact order after the end of the race. If you do not correctly guess all three horses or if you arrange them irregularly, you win nothing.

This is definitely not an easy bet to place and namely because of that profits can reach such high amounts. Correct prediction is difficult, but not impossible. The key to success is to make careful judgments, not succumb to your emotions, and do your best to get good value for your money. If what we have told you about trifectas has piqued your interest and you are drawn by the possible tempting payouts, then you should take a look at Superfectas as well.

According to this exotic horse racing bet , you have to correctly select the first four positions in the race, which makes it even harder to predict, but also leads to even better prizes. We prefer not to talk about luck when it comes to sports betting because we strongly believe that learning, research, and experience are much more paramount.

However, when the Superfecta is the subject of discussion, we just cannot ignore it. What about third and fourth place. The competition is usually so fierce that to properly rank the top four horses leans to impossibility. After all, on a track with eight horses, there are 1, possible combinations regarding the Top 4.

Nothing is impossible, though. Some combinations are more probable than others so if you manage to narrow the range you choose from and follow some basic tips, you can eventually accomplish a betting feat. Here are our top three recommendations:. What is an exotic bet sports With the Daily Double bet, punters need to go beyond one single race since their task is to point out the winners of two consecutive races.

There is no consolation prize for this multi-horse, multi-race wager which means both your selections must be successful. Otherwise, you lose your stake. The Daily Double option is supported by almost all racetracks around the world and usually applies to the first two races within one competition. Fortunately, some bookmakers have implemented a rolling double that comprises any sequence of two races up until the end of the card.

There is a separate pool for Daily Double bets placed both by on-site and online betting enthusiasts that regularly provides higher payouts than if you place two independent Win bets. At times bookmakers offer Special Daily Double bets that cover races not included in a single card, usually being conducted one day apart.

The applicable betting rules are in no way different, you just need to wait a little longer to see if your bet is winning or not. Special Daily Doubles are separately announced and look like this:. We will end our review of exotic horse racing bets with the Pick 3 market for which you must select the winners of three consecutive races.

Given the great interest expressed by bettors, some tracks offer Pick 4, Pick 6 and even wider race ranges thus challenging the most experienced and notable punters to test their skills. Although the Pick 3 involves three separate races it is still considered one bet. As with the Daily Double, it has its own prize pool filled with all monies wagered on this particular market.

In general, the sequences of races that can be bet on are conducted in the second half of the program for the day, as they are more contested and therefore difficult to predict. The weightiest reason for Pick 3 and beyond bets to be so popular is value, especially when wagering on favorites that usually come with short odds.

In such cases, a higher profit can be expected from one successful Pick 3 bet than from three individual Win bets. Pick 6 is the most spectacular part of the betting range and arguably the hardest to hit. There are days when no punter manages to realize the required 6 correct predictions and the betting pool is transferred to the next day.

These options allow punters to increase their likelihood of winning by making multiple selections for certain positions; the downside is they require greater investment per unit. Straight Trifecta: pick the first, second and third horse, in order. Boxed Trifecta: pick the first, second, and third horse, in any order making three or more selections. Standout Trifecta TAB : pick the horse you believe will finish first, with multiple horses picked for second and third.

Standout Trifecta Corporate Bookies : pick one or more runners to fill each of the first three positions. The more runners you include, the greater the cost of the bet per unit. First4 First4: pick the first, second, third and fourth runners.

Straight First4: pick the first, second, third and fourth horse, in order. Boxed First4: pick the first, second, third and fourth horse, in any order making four or more selections. Standout First4 Corporate Bookies : pick one or more runners to fill each of the first four positions.

Standout First4 TAB : pick the runner you believe will finish first, with multiple horses picked for second, third and fourth. Multiple First4 TAB : pick two or more runners to finish first, with a number of other runners for second, third and fourth.

You can make any number of selections for the remaining places. Duet Duet: pick two of the three placegetters in any order. Boxed Duet: pick three or more runners to finish in first, second or third. Your selections can finish in any order. Standout Duet: pick the runner you believe most likely to finish first, second or third, then select more runners to fill the remaining placings.

Your standout selection must finish in the first three for you to receive a payout. Running Double Running Double: pick the winner of two consecutive races at the same track. Multiple runners can be selected in one or both legs, with the cost of a unit increasing accordingly.

Daily Double Daily Double: pick the winner of two nominated races at the same track. This typically involves the last and third last race on a card. Treble Treble: pick the winners of three nominated races at the same track. This typically involves the last three races on a card. Any number of selections can be made in each leg subject to the limitations of field size.

The greater the number of selections the greater the cost and vice versa. However, many online bookmakers offer this bet type and payout the same dividend as offered by UBET - the only available dividend across all operators. Quadrella Quadrella more commonly referred to as a Quaddie : pick the winners of four nominated races at the same track.

Any number of selections can be made in each leg subject to the limitations of field size and the need for a single runner in each leg. The greater the number of selections the greater the cost, and vice versa. Quaddies have become a very popular bet type over the years, attracting sizeable betting pools, especially on popular or important meetings.