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Guide
Betting on the Preakness can be a great way to make a few extra bucks, but you need to know the horse betting terms as well as be up-to-date with a few betting strategies. Here are some to keep in mind.
In an Exacta bet, you have to pick the first two finishing horses and the order of the finish. Saying this another way, you have to predict the horse that win finish first and the horse that will finish second.
In a Quinella bet, you have to pick the horses that will finish first and second. It doesn't matter which of the horses finishes first, and which finishes second, as long as they both do.
The payout of an Exacta will generally be greater than the Quinella because you are predicting the order of finish.
There are many reasons why one would choose one of these horse betting types. One of the main reasons to bet either an Exacta or Quinella is when you really like a favorite, but you don't want to bet it alone because the payout is very low.
In these cases, you are combining the favored horse with another one that pays better. The overall payout for the Exacta or Quinella will make it worthwhile.
Betting on the Preakness can be a great way to make a few extra bucks, but you need to know the horse betting terms as well as be up-to-date with a few betting strategies. Here are some to keep in mind.
In an Exacta bet, you have to pick the first two finishing horses and the order of the finish. Saying this another way, you have to predict the horse that win finish first and the horse that will finish second.
In a Quinella bet, you have to pick the horses that will finish first and second. It doesn't matter which of the horses finishes first, and which finishes second, as long as they both do.
The payout of an Exacta will generally be greater than the Quinella because you are predicting the order of finish.
There are many reasons why one would choose one of these horse betting types. One of the main reasons to bet either an Exacta or Quinella is when you really like a favorite, but you don't want to bet it alone because the payout is very low.
In these cases, you are combining the favored horse with another one that pays better. The overall payout for the Exacta or Quinella will make it worthwhile.
