From simple win bets to complex accumulators, learn all the different ways to bet on horse racing.

Types of Horse Racing Bets

Horse racing offers a variety of bet types to suit different strategies and risk appetites.

Single Bets

The simplest bet: your horse must finish first.

Two bets in one:

1. Win bet at full odds

2. Place bet at reduced odds (usually 1/4 or 1/5 of win odds)

Place terms vary by race size (typically top 2-4 finishers).

Your horse must finish in the places (typically top 2-4). Lower odds than a win bet but higher chance of success.

Two selections must both win. Returns from the first bet roll onto the second.

Three selections must all win. Higher risk, higher reward.

Four or more selections must all win. One losing selection means the entire bet loses.

Predict the first two finishers in correct order.

Predict the first three finishers in correct order.

Four bets covering three selections:

- 3 doubles

- 1 treble

Eleven bets covering four selections:

- 6 doubles

- 4 trebles

- 1 four-fold accumulator

- Beginners: Start with win or each-way singles

- Moderate risk: Doubles and trebles

- High risk/reward: Accumulators and Yankees

- Race expertise: Forecasts and tricasts

Always bet within your means and understand what you're staking before placing a bet.