Building your book is all about getting your players to place the right wagers. Triple Crown is considered the second busiest day of the year for sports betting volume. You may find trends like how certain players place bets on a specific contender and how other players like to place their bets on multiple contenders. You’ll find in this post a few tips that can help you enable your players to place the right wagers.
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How To Get Your Player To Place The Right Wagers
As in all sports betting, there are “Straight Bets” and “Exotic Wagers”. As you start getting the feel of each type of these in the horse racing world, the easier it will be encourage your players to play the Exotics.
We want your players to wager on Exotics as the winning odds are in your favor.
This will help you balance your book, ensuring your profitability and increase the entertainment value for your players.
Straight Bets
With straight bets, you are betting on one horse and a specific outcome: Win, Place, or Show.
Win – Player wins if their horse finishes 1st.
Place – Player wins if their horse finishes 1st or 2nd.
Show – Player wins if their horse finishes 1st, 2nd, or 3rd.
Exotic Wagering
Exotic bets offer a chance for a bigger thrill and also allows your players to turn a small amount of money into a larger amount.
Exacta – You win if you select the 1st and 2nd place horses in a race in the exact order.
Trifecta – You win if you select the 1st, 2nd and 3rd place horses in a race in the correct order of finish.
Superfecta – You win if you select the 1st, 2nd, 3rd, and 4th place horses in a race in the correct order of finish.
Daily Double – Daily Doubles require that you pick the winner of two consecutive races before the running of the first race in the sequence of races. Daily Doubles are usually offered on the first and last two races of each racing card.
Pick 3 – You win if you select the winner of three consecutive races. The bet must be placed prior to the running of the first race in the sequence.
Pick 4 – You win if you select the winner of four consecutive races. The bets must be placed prior to the running of the first race of the Pick 4 sequence.
It’s time to create an exciting and engaging experience for your players and have them placing the right wagers to their betting style. You can get PayPerHead.com guide for The Horse Racing Guide for Online Bookies to help you elevate your business and start growing it today here.
