Friday, April 25, 2014

Trifecta Betting In Horse Racing

When betting a Trifecta you get paid a dividend by picking the first three place getters in order. To maximize your chances of winning you need to bet a number of combinations. Following are ways to do this from simple (and inefficient) to more complicated (and more profitable):
•Standard Trifectas are the simplest form of trifecta betting because you just select first, second and third in order (ie one selection to come first, one to come second and one to come third). The cost is inexpensive at just one unit but the chances of you picking the three place getters correctly and in order are rather low.
•Boxed Trifectas are a popular trifecta betting method where you bet a number of selections to come first, second and third in any order. With boxed trifectas you get every possible combination of your selections for first, second and third.
•Multiple Trifectas are similar to boxed trifectas but you can specify a different number of selections for first, second and third.
•Banker Trifectas are where you stand out one selection to win with other selections to fill the second and third places. Roving Bankers are similar but your banker is a runner you are sure will fill a place so you “rove” it across the three place positions. The use of bankers reduces your outlay but naturally you only collect if your banker fills the required position and your other selections fill the other positions.
•Flexi Betting allows you to reduce the overall amount bet in return for a proportionally reduced collect. Also known as Fractional Betting and Percentage Betting in NZ, this is a great way to make trifecta betting more affordable. Let’s look at an example with 10 horses where boxing gives 720 combinations costing $720 (using $1 units). With Flexi Betting you could reduce your outlay to say $72 (10%) or even $7.50 (1%). If the trifecta paid $10,000 then you would have to outlay $720 to get the full $10,000 but a $72 Flexi Bet would return you $1,000 (10%) while a $7.50 Flexi Bet would return $100 (1%).

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