Win Bet

The win wager is the most elementary form of bet in horse racing. Also known as the”Straight Bet” or the”Single”, this really is a single proposition on a single horse. You are betting on if the horse you choose will win or not.
In case your horse crosses the finish line , you win the bet. It doesn’t matter whether your horse finishes second or twelfth, if it does not win first place, then you eliminate the wager. The chances will be longest (of all types of single stakes ) on the right bet, while the payouts are going to be biggest.
Straight Bets And Win Bets On Horse Races
This sort of bet can get a little confusing for new parimutuel betters, since the win wager is occasionally known by the term”straight bet”. But there is also the distinction between straight stakes (win, place, series ) and exotic stakes (others in the horse track). If you hear the expression straight bet and it doesn’t make sense in a circumstance opposite exotic stakes, then the individual probably is talking about a straightforward win bet.
Case of A Straight Bet
For an example of how a win wager works, I’m going to use the field for the 2011 Kentucky Derby. Rather than giving the list by beginning or completing position, I wanted to number the record by which horses started as the betting favorites and which were the dark horses. I’ve also included which place from the rod each horse started, in addition to where they ended. The odds posted are the opening gambling line. Keep in mind that nearly all of these lines changed from the onset of the race.
Dialed In — 4 to 1 Odds — 8th Post Ranking — 8th Place Finish
Nehro — 6 to 1 Odds — 19th Post Position — 2nd Place Finish
Archarcharch — 10 to 1 chance — 1st Post Ranking — 15th Place Finish
Midnight Interlude — 10 to 1 — 15th Post Ranking — 16th Place Finish
Soldat — 12 to 1 — 17th Post Position — 11th Place Finish
Mucho Mucho Man — 12 to 1 — 13th Post Ranking — 3rd Place Finish
Shackleford — 12 to 1 — 14th Post Ranking — 4th Place Finish
Pants on Fire — 20 to 1 — 7th Post Position — 9th Place Finish
Twice the Appeal — 20 to 1 — 3rd Post Ranking — 10th Place Finish
Stay Thirsty — 20 to 1 — 4th Position — 12th Place Finish
Animal Kingdom — 30 to 1 — 16th Ranking — 1st Place Finish
Master of Hounds — 30 to 1 — 11th Ranking — 5th Place Finish
Santiva — 30 to 1 — 12th Ranking — 6th Place Finish
Brilliant Rate — 30 to 1 — 2nd Position — 7th Place Finish
Derby Kitten — 30 to 1 — 9th Ranking — 13th Place Finish
Decisive Moment — 30 to 1 — 5th Ranking — 14th Place Finish
Twinspired — 30 to 1 — 10th Position — 17th Position End Watch Me Go — 50 to 1 — 20th Ranking — 18th Place Finish
Comma On Top — 50 to 1 — 6th Ranking — 19th Place Finish
So if you chose to put a straight bet on the favorite entering the Kentucky Derby, you would have bet on Dialed-In in 4-to-1 odds. “Dialed In” ended 8th, a losing proposition, but you’d have lost had Dialed-In completed anywhere between two and 19.
In fact, the only straight bet that could win could have been the only put on Animal Kingdom, entering the race as a member of seven horses with 30-to-1 odds. This single-bet win could have provided a considerable payoff, because Animal Kingdom was just part of the pack prior to the race.
This tells you a few things about gambling on horses, aside from the fact that extended shots may win, also. As you can see, with a position on the outside is helpful, as no horse in the upper 6 was anywhere closer than the 11th position from the pole, while the Top 3 finishers began at the 16th, 19th, and 13th place, respectively. Both Animal Kingdom and Nehro might have been helped by the fact that the horse at the 18th place pulled out before the race, clearing out a little extra space for jockeying position.
Odds On Directly Horse Racing Bets
The moment chances are posted, individuals wanting to place a straight bet are going to make decisions on such odds, influenced by a horse’s post position, the reputation of the rider, the reputation of the trainer, the horse’s individual race background and pedigree, and some other news coming out of the horse’s camp. This results in the chances to move in one direction or another as the week continues. As in many proposal gambling, many serious betters have a tendency to create wagers early after the odds are set, to take advantage of any perceived benefits in the oddsmaking. Late bets often go against the gambling public.
In this instance, the gambling favorites (Dialed In, Nehro) were bet from 4-to-1 into 5-to-1, while Nehro was bet from 6-to-1 to 8.5-to-1, so there were not as many wagers coming on those horses since the oddsmaker predicted. Animal Kingdom’s chances were down to 20.9-to-1 from the start of the race.
Potential Payoffs On Win Bets
The payoffs are a few of the best in horse track racing on straight stakes, because the odds that any one horse will win a race are comparatively small. Even the favorite tends to have the chances against it. You are not likely to win frequently producing straight bets, but if you hit on Animal Kingdom, you’re paid between $20,000 and $30,000 on a $1000 right bet, which explains why a lot of gamblers get involved in directly wager action.

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