How to Place Exotic Bets on Horse Racing

Place Exotic Bets on Aussie Horse Racing

First up, choose what kind of exotic bet you want to place. Then place a bet using this order as a guide:

– Track > Race # > Bet Type > Selection Numbers > $ amount e.g. Randwick > Race 5 >  Exacta > 3, 7 > $10.

In this example you’re betting $10 that horse #3 finishes first and horse #7 finishes second at Randwick, Race 5.

To increase their odds, punters commonly ‘Box’ bets to cover all combinations of their selections. For example, A $1 boxed trifecta on horses 3, 5, 7 covers all 6 possible finishing orders and costs $6 to place.

Punters can also place ‘Flexi’ Bets, where a punter nominates a total $ amount they’re willing to spend, and the bookmaker system calculates share of the bet.

Tips to betting with exotics

Start simple: Master betting on exactas and trifectas before moving on to Quaddies or first fours as it can be expensive.

Bet around a main selection: Find a runner you’re confident will win or place and build bets around it to reduce combinations (and cost).

Box Bets to cover variability: this way a punter increases their chance of winning, especially in wide-open races. Again be wary of the cost to place the bets!

Don’t always bet favourites: Payouts on exotics are higher when longer priced horses finish in the top spots.

Use tools at your disposal: Track Conditions & Jockey/Trainer Trends are widely available and studying the form gives more insight into the race e.g. jockey and trainer win percentages. Look for horses improving, dropping in class, or showing good recent trials.

Minimum bet per combination is usually $0.50 or $1, depending on the bet type.

Please remember to think before you bet. Stay in control, set limits, and seek support if gambling is no longer fun. Head to https://www.gamblinghelponline.org.au/ if you require help.