Saturday, 16 February 2013

Horse Racing Bet Types - Trifecta & First Four




TRIFECTA
This bet requires you to select the 1st, 2nd an 3rd place finishers in order.

E.G. If you have a $1.00 trifecta on the numbers 4 to win, 5 to come second and 8 to run third then they would have to finish in the order 4-5-8 for you to win.

Triectas can be also be done as Boxed, or Standout bets as per Quinella bets.

BOX TRIFECTA
These are offered in denominations as low as $1 per unit, a $1 trifecta box of horses 1-3-5 would include six $1 combinations at a cost of $6 and would payoff if the order of finish were 1-3-5, 1-5-3, 3-1-5, 3-5-1, 5-3-1 or 5-1-3.

To calculate the cost of a trifecta box, multiply the number of horses you would like to box by that number minus one and by that number minus two, and then multiply it by your bet amount.

E.G. If you wanted to have a $1 Box trifecta with 4 horses the $1 trifecta box would be calculated as follows: (4 * 3 * 2) * $1 = $24 (24 $1 combinations.) If any three of your selections fill the first 3 placings then you would win the bet.

Below follow the calculated costs of $1 trifecta boxes:
· $1 trifecta box of 3 horses = 6 possible combinations = $6.
· $1 trifecta box of 4 horses = 24 possible combinations = $24.
· $1 trifecta box of 5 horses = 60 possible combinations = $60.
· $1 trifecta box of 6 horses = 120 possible combinations = $120.
· $1 trifecta box of 7 horses = 210 possible combinations = $210.
· $1 trifecta box of 8 horses = 336 possible combinations = $336.
· $1 trifecta box of 9 horses = 504 possible combinations = $504.

STANDOUT TRIFECTA
A runner selected to finish first (a standout) is combined with two or more other runners to finish second and third in any order. You can also standout a single runner to finish second or third if you wish.

E.G. If you had a $1 standout Trifecta on number 5 to win and numbers 1, 2 and 3 to run 2nd and 3rd then number 5 would have to win and the other three would need to fill the 2nd and 3rd placings for your bet to win.

FLEXI BET TRIFECTA
This bet allows you allows you to still specify the number of runners you wish to back but you can also specify what amount you would like to invest based upon your budget. The payout you receive will be a % of the winning dividend based upon the difference of the normal cost of a boxed Trifecta and the amount you chose to invest.

E.G. You want to box 5 horses in a trifecta. This would normally cost $60 however you only only wish to invest $15. If your selections win then you will receive 25% of the Trifecta dividend which is based on your bet of $15 divided by the normal cost of $60 = 15%. If the trifecta pays $2400.00 then you return $600.00 which is 25% of the trifecta dividend.

FIRST FOUR
First 4 requires selection of the first four finishers in correct order.

There are four different types of First 4 betting - Straight, Box, Standout and Multiple First 4's.

Straight First 4
Requires selection of the first four placings in a race in the CORRECT order.

Box First 4
This bet allows your selections to finish first, second, third and fourth in ANY order. Boxing four selections gives you 24 combinations with which you can win First 4.

Standout First 4
One runner is selected to finish 1st (ie a standout) and is coupled with three or more runners to finish second, third and fourth.

Multiple First 4
A multiple First 4 is where two or more runners are selected to finish 1st, with a number of other runners to finish 2nd, 3rd and 4th.



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