| Horse Racing Betting Types | |||
| Straight Bets | Quinella | Trifecta | Daily Double |
| Superfecta | Exacta | Pick 3 | Other Types |
Daily Double
Daily Double
The daily double involves picking the winning horse in two consecutive
races. All tracks offer the early daily double which involves races #1
and #2. Most tracks also offer a late daily double which is the last two
races of the day. Some tracks also offer a rolling daily double which is
on any two consecutive races. To win a daily double you must pick the
winning horse in each of the two races. Combination bets can also be
made on daily doubles.
Double Wheel
When you are confident of a horse winning either of these two races but
are uncertain of the outcome of the other race, especially if the horse
in which you are confident has good to excellent odds, you might want to
consider the daily double wheel. In this bet you bet your key horse with
all the horses in the other race. Your key horse might be in either of
the two races. Tell the clerk EX. ($2 Daily Double wheel the 5 with ALL)
if you are confident in the #5 horse winning the first of the two races.
But if your key horse is the #3 in the second of the two races tell the
clerk i.e. ($2 Daily Double wheel ALL with 3). The formula for
calculating the cost of the daily double wheel is simply the number of
horses in the race other than the race containing your key horse, times
the dollar value of your bet.
EXAMPLE: The race other than the race containing your key horse has 10
horses and you wish to make a $2 bet. (2 x 10 = $20)
Daily Double Part-Wheel
The daily double part-wheel bet is a further refinement of the daily
double wheel bet. This allows you to exercise your handicapping skills
to eliminate all horses that you think will not win the race. This will
reduce the size of your investment.
EXAMPLE: As in the example in the daily double wheel above you have a
key horse in one race and 10 horses in the other race. But you have
decided that only five of the 10 horses have a chance of winning their
race. So, by doing a daily double part wheel, you have one horse in
combination with five horses and if you wish to bet a $2 bet your cost
would be (2 x 5 = $10). You just saved yourself $10 over the full wheel
bet and hopefully you did not throw out the winning horse. If for
example, you decided that the #5 horse will win the first race of the
double and that either horses #2, #4, #5, #8 or #9 will win the second
race of the double you would tell the clerk i.e. ($2 Daily Double Part
Wheel 5 with 2, 4, 5, 8, 9). NOTE: A $10 daily double part wheel (5 with
2,4,5,8,9) would cost (10 x 5 = $50).
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