In Horse Racing, what is a Trifecta Bet?
Horse racing is an exciting sport that owes much of its popularity to the betting that often accompanies it. Visitors to horse racing venues can bet on location, and absentees can bet over the internet or at many casinos. When you bet on a horse, you choose whether you predict it will win, place or show (first, second or third place). If the horse you selected does as good or better than you anticipated, you are a winner. A trifecta is a particular type of bet that is very difficult to win, but it yields very high returns. To successfully win a trifecta bet, you need to specify the horses that finish in the top three spots in the exact order in which they finish. So if the horse you selected to show (3rd) actually places (2nd), you don’t win anything. There are other types of trifectas that allow some flexibility in the finishing order, but the pay-outs are significantly lower. In a ‘standout trifecta,’ for example, you must accurately specify the horse that will win, and then select w
