Placing A Bet
Betting on a horse race for the first time — even the first few times — can be an intimidating endeavor. What are all of these options? Here’s all the lingo you need to know before you place your first bet:
- For a bet on them to be successful, they would therefore have to win by four points or more. The Colts, on the other hand, will have 3.5 points added to their final score. A bet on them would be successful if they won the game, or lost by 3 points or less. You can read more about point spreads on the following page.
- Placing a bet on an unknown outcome with the hope of securing a gain is a.
- If you bet on the Patriots, they need to win the game by 8 points or more for you to win your bet. If the Patriots win by 8 points or more, you “cover.” If the Patriots win by exactly 7 points, that is called a “ push,” which means you get back the money you originally bet.
- How To Place A Bet You can place a bet by following the simple steps below; First, log in to your account with your username and password. Step 1: Select your sport of choice from the menu on the left side of the homepage.
The Basics
How to place an online sports bet: The method of placing a bet with an online bookmaker or sportsbook does not change much, irrespective of which betting site you have joined. That is because the software behind each betting site is largely very similar in its operation. Here is the step-by-step method of placing a bet. It is very simple: 1.
Winbet – A bet on a horse to finish first.
Place bet – A bet on a horse to finish first or second.
Show bet – A bet on a horse to finish in the money; third or better.
In the money – A horse that finishes first, second, or third.
Across the board – A bet on a horse to win, place, and show. If the horse wins, the bettor collects three ways; if second, two ways (place, show); and if third, one way, losing the win and place bets. It’s actually three bets.
Morning line – The odds that the track handicapper predicts a horse will go off at.
Ready for the Next Step?
Exotic (bet) – Any bet other than win, place, or show that requires multiple combinations. Examples of exotic wagers are exacta, trifecta, Pick 6, Pick 4.
Daily Double (or Double) – Type of bet calling for the selection of winners of two consecutive races.
Exacta – A wager in which the first two finishers in a race, in exact order of finish, must be picked.
Box – A betting term denoting a combination bet whereby all possible numeric combinations are covered for certain horses.
Exacta box – A wager in which all possible combinations using a given number of horses are selected. For example, an exacta box using horses 2,4,6 would produce a winning ticket if any two of those three horses finished first and second, regardless of the order (2-6, 4-2, 6-4, etc.).
Trifecta – A bet in which the first three finishers must be selected in exact order.
Trifecta box – A trifecta wager in which all possible combinations using a given number of horses are bet upon.
Pick (6 or other number) – A type of multi-race bet in which the winners of all the included races must be selected. Pick 3, Pick 4, Pick 5, Pick 6 are commonly used by tracks in the United States.
Brush Up on Gambling Lingo
Bounce – A racehorse’s especially poor performance on the heels of an especially good one.
Placing A Bet Online
Chalk – Betting favorite in a race.
Chalk player – Gambler who wagers on favorites.
Key horse – A single horse used in multiple combinations in an exotic bet.
On the board – Finishing among the first three.
On the nose – Betting a horse to win only.
Overlay – A horse whose odds are greater than its potential to win. Professional bettors target overlays, meaning they target bets that offer better than fair value odds.
Underlay – A horse whose odds are less than than his potential to win. Betting horses whose odds are worse than fair value is a poor strategy.
Parlay – A multi-race bet in which all winnings are subsequently wagered on a succeeding race.
Speed Figure – A metric that rates a horse’s performance in a race, which is determined by a combination of the horse’s performance and the level of competition he/she competed against.
Wheel – Betting all possible combinations in an exotic wager using at least one horse as the key.
Across the board, the process for placing a bet online is quite similar regardless of the bookmaker you choose to bet with. For that reason, our step by step guide will take Betvictor as a general example, as they are the bookmaker who rate most highly amongst our many comprehensive bookmaker reviews.
How To Place A Bet Online:
- Go to Betvictor now and use any ‘Join’ button to open an account.
- Log in and make a deposit using the ‘My Account’ section.
- Use the menu to find your chosen sport and market.
- Click or tap the odds of your bet to add to your bet slip.
- On the bet slip enter your stake and hit the “Place Bet” button to confirm.
What About Accumulators or Multiples?
If you’re looking to place a multiple or accumulator rather than a single bet, you can still follow the first four steps as above but then the process changes as follows:
- Repeat steps 3 & 4 to add all your selections to the bet slip.
- On the bet slip in the ‘1x” box or your corresponding multiple box enter your stake then hit ‘Place Bet’.
Stuck? See Our Illustrated Guide…
The process of placing a real money bet online really is a quick and simple one but if you got stuck using the above steps we’ve expended upon them here to help you:
1. Open an Account and Log in
Head to the Betvictor homepage using this link and then click any of the ‘Sign Up’ or ‘Join Now’ links.
Enter the required details into the form which will appear and then click the green ‘join now’ button.
You must now make a deposit. You can claim this bet and get bonus as a new customer – Bet £5 get £30 at Betvictor!
New customers only, 18+, T&C's apply.
2. Find Sport
To place a bet you must first head to the page of sport you wish to bet on. You can do so by clicking the name of the sport from the extensive list down the left hand side of the Betvictor homepage or if on the app use the menu button.
3. Find Market
From the sport’s page, you can then find the market you wish to bet on by selecting from the lists of competitions and bet types. This will display for you the different available bets for your market.
4. Add to the Bet Slip
To add your chosen bet to the bet slip, all you need do is to click the associated odds which are displayed on the page.
A small ‘added to bet slip’ notification will flash up where you have clicked and your selection will then appear on the bet slip to the right hand side of the page.
5. Select Stake and Place Bet
On that bet slip, you will see a box in which you can input your chosen stake. Once you have done so, all you need do to place your bet is to click the yellow ‘Place Bet’ button.
There’s no going back once that button is clicked so make sure your bet details are correct!
You’ll also see options to place multiples and accumulators on the slip if you have added more bets (see below 5a & 5b).
5a. Add Further Selections
To build your accumulator, continue to click on the odds of your required selections and they will also appear on the bet slip to the right of the page.
5b. Select Stake and Place Bet
Once you’ve added all of the required selections, click the ‘Multiple Bet Options’ link found within the bet slip. This will display all of the possible accumulators for your selections along with boxes in which you can input a stake.
Placing A Bet On Super Bowl
Enter your desired stake into the box for the bet you wish to place and click the yellow ‘Place Bet’ button.
Which Bookmaker Should I Use?
No one bookmaker is definitively best for every punter. Each one offers different advantages, benefits and features which will be more attractive to some potential users than to others.
That’s why we have put together our comprehensive bookmaker reviews which take all of these things into account, you can peruse our findings and our recommendations in the reviews section of this site.