Although the traditional way to bet on ponies is on win, place, and show, bettors can also place wagers on exotic horse betting. Its payoffs can be substantial even though stakes are harder to hit. It is one of the most famous horse betting types in many sportsbooks. Bettors need to increase their odds by buying several tickets and multiple combinations to have the chance to win. They can also bet on numerous horses in a single race, such as the superfecta or daily double. However, this kind of bet can be expensive. That is why Malaysia’s horse racing tips are essential for novices and even expert bettors who are starting with playing exotic horse betting to have a broad understanding of it.
Various types of exotic horse betting
- Horizontal Exotic Bet
Horizontal exotics are multi-race wagers that allow bettors to bet on horses they expect to finish first in up to six races. Wagers who put their money at stake in this game have the chance to win if every horse they select wins the race. Failure to do so will result in the loss of the entire wager.
There are different categories under the horizontal exotic bet:
- Daily double: Bettor chooses two horses to win in two consecutive races.
- Pick Three: The Bettor picks the horses to win three consecutive races.
- Pick Four: Bettor picks horses to win in four consecutive races.
- Pick Five: Bettor picks horses for first place in five races consecutively.
- Pick Six: A Bettor selects six horses to win first in six consecutive races.
- Vertical Exotic Bet
Vertical bets, which are multi-horse parlays on one race, differ from horizontal wagers. This exotic betting variety requires bettors correctly identify the finish order of horses to win the prize.
There are three classifications: The exacta, trifecta, and superfecta.
Exacta is the most sought-after category in Vertical Exotic Bets. This game is where the bettor bets on the top 2 finishers in each race. The bettor might wager on 2-3 exacta, for example. 2, 3, and 3 are the first and second placers. He wins when both horses finish the same way as the bettor predicted.
Learn more about all the differences between these exotic bets in the infographic below developed by CM2BET: