Horse Race Betting FAQs
Types of Betting on Horse Racing
There are a number of options for betting on horse racing aside from the straight win. Obviously this is the most common bet and it remains the most popular due to its simplicity. The task here is very straightforward: Look through all of the runners and riders for the horse race in question and then make your selection.
Of course, it isn’t always easy to identify the winner but Unibet offer some help here with a useful form guide to help you decide. And, if you want to look elsewhere, other than in the outright win markets, there are plenty of other choices.
What is an Each Way bet?
An each way bet is also one of the most common types of bets on horse racing and this one comes in two parts. When you make an each way bet, you are staking on the win but you are also betting on a place so, if the horse fails to win but comes in second or third, you can still claim a return on your outlay.
Your stake is doubled too so, let’s say you want to bet a maximum of £20.00 on a horse. With an each way bet, your stake is divided into two parts so there is £10.00 on the win and £10.00 on the place bringing you up to your £20.00 betting limit.
If your selection wins then you collect two returns, both the win and the place but if it comes in second or third, the place bet is the only portion to return a profit. In some of the bigger races, those places can extend further down the field so look out for any offers and promotions.
Now you know what an Each Way bet is, we can move on to more complicated options.
What is a Yankee Bet?
A Yankee Bet is a formula that takes four selections so, let’s say you pick four horses to win from the Unibet horse racing markets. With a Yankee, there are 11 bets so your stake, let’s say it’s £1.00, is multiplied by 11 making £11.00 in total.
The 11 bets are: 6 Doubles, 4 Trebles and One Four Fold so, you will need at least one double to collect a return and, if all four horses win, you collect a profit on all 11 bets.
What is a Trixie Bet?
A Trixie bet, as you may have guessed from the name, needs three picks so, you should first make three selections from the Unibet horse race betting markets. Make that choice and here’s how the bet works.
With a Trixie, there are 4 bets – three doubles and one treble and if all three horses win their races, you will scoop all four bets. If two horses win then one of the doubles lands. Once again, your stake is multiplied by the number of bets so £1.00 on each outcome, x6 = £6.00.
A Trixie is a very basic formula so, if you want to get into formula betting, this is a good way to get started.