Online horse race betting has been around now for ages. Its popularity has dramatically grown among gamblers and bettors in Singapore because of its convenience and ease of use among other benefits. However, it is not uncommon to find people and even bettors who find horse racing terminology confusing. For one to become a successful bettor in terms of making profits, he or she needs to learn and understand different types of Singapore horse racing odds. The following are the different types of Singapore horse racing odds that a bettor needs to know to be successful in online horse race betting.
The first type of Singapore horse racing odds is straight odds. This comprises three sub odds namely win, place and show. In regards to win odds, one has to choose a horse that would cross the finish line first to cash a ticket. This is one of the most popular forms of straight bets. To place the bet one has to evaluate the past performance of each horse and also the jockey. Another form of the straight odds is the place odds. These odds require a bettor’s selected horses to finish in the first or second place. The last form of straight odds is the show bets. With this form of odds, a bettor’s selected horse has to finish in the first, second, and third place for him or her to win the bet.
Another type of Singapore horse racing odds is exotic odds. There are two forms of exotic odds namely horizontal wagers and vertical wagers. In general, exotic odds require one to predict the exact order of finish of a single race or can also be between two and six races. In regards to horizontal wagers, for one to win he or she must select the winner of consecutive races before the first of the series of races begins.
In regards to vertical wagers, there are three types namely the straight exactas whereby must choose in order who will finish first and who will finish second in a race to win the race, the straight trifectas which require one to pick who finishes first, second, and third in the correct order and finally straight superfectas which requires one to correctly identify the first four finishers in a single race in the right order.
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