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Breeders Cup wagering gets more exciting every year, but there's a lot to consider with 14 different races, all with varying lengths. Here’s a look at a key horse betting term and a few betting strategies.

In a Superfecta bet, you have to pick the first four finishing horses and the order of the finish. Putting this another way, you have to predict the horse that will finish first, second, third and fourth.

This is very difficult to do, but the large payout is very rewarding. For example, a $2 superfecta for the 2008 Belmont Stakes betting paid out $48,637. The big upset of Big Brown was the reason.

When betting on the Breeders Cup, always make sure to investigate the trainers and jockeys. Some trainers do well with two-year olds, while others do better with three and four-year-olds.

Some jockeys are known for coming back at the end of races, while others are known for folding. That’s where the varied distances of the races can make a difference.

The biggest factor of the Breeders Cup is the track differences. Since the venue rotates, there are different surfaces like synthetic and dirt. The same horse can perform dramatically different on a different surface, especially if they've raced on it before.

There is a chance in the future that the Breeders Cup could permanently stay at one track (most likely dirt), but until then some horse betting opportunities exist.