Our guy Brian Healy (@BHealy19) reviews types of horizontal wagering, how to play them and when!
What is going on #EliteMafia. We are back today to continue our knowledge of Horse Racing wagering. Today, in particular, I’m going to break down Horizontal Wagering and provide you the insight into the various ways you can place these bets.
Horseplayers use the term horizontal to refer to wagers that include more than one race: daily doubles and Pick 3, 4, 5 and 6 wagers. In horizontal wagers, you must pick the winners of multiple consecutive races to cash a ticket. They are also known as multi-leg or multi-race wagers, and though they are not referred to as parlays, the basic concept is similar.
Types of Horizontal Wagering
Daily Double: This bet consists of correctly selecting the winners of two straight races. You will likely see this as an available wager on every race except the last of the day at a particular track.
Pick 3: The most common of the horizontal wagers where bettors have to pick the winner of three straight races. In most instances, the Pick 3 will return more money than cashing a win bet on three straight races.
Pick 4: The bet which has increased most in popularity over the last few years, the Pick 4 requires you to pick the winner in four consecutive races. Most tracks begin to offer a .50 wager for this bet type.
Pick 5: A fairly new wager that follows all the same characteristics as the Pick 4 except you are obviously picking the winner in five straight races.
Pick 6: The granddaddy of all horizontal wagering is the Pick 6. It is not one you will find offered every day, as these are typically reserved for the larger racing days of the year. The payouts of this bet type can pay out life-altering figures on occasion. You will typically see tracks offer a .20 wager when they are running a Pick 6.
How to Play a Horizontal Wager
As described in the wager types, it is fairly straightforward to make a horizontal wager: select your type, select which horse or horses you want on your ticket for each race and finally your bet amount. There are no restrictions on how many horses you pick in each race, but each race added will result in more combinations and a higher ticket cost.
When to Play Horizontals
The best time to play these multi-race wagers is when you have a strong prediction on a race or two within your bet type. This will help minimize your cash outlay while maximizing your long term profits. If you complete your handicapping over a set of races and you feel strongly about the results that lead to several favorites or short price horses winning, I’d recommend avoiding this wager type.