Betting Strategies
The Lure of the Exotic
Traditionally, bookmakers offered only Win and Place betting.
Since the introduction of TABs in the mid 1960’s, various new so-called exotic products have also become popular.
These include
• Quinellas (where you need to select the first two in any order)
• Exactas (where you need to select the first two in exact order)
• Trifectas (where you need to select the first three in the exact order)
• Quadrellas (where you need to select the winners of four nominated races.).
Some recent additions to the exotics offered include
• All ups (where you decide how many consecutive winners and/or place getters you want to try for on any selected race combination, even across states)
• Duets (where you need to select any two place getters in a nominated race)
• First Four (where you need to select the first 4 place getters in order).
Today, the big corporate bookmakers also offer most of these exotic products, and make no mistake, they are very lucrative products…for the bookmakers!
The lure to the average punter is the promise of the huge dividend for a small outlay. Some of these exotic dividends can pay off at huge prices, but of course these pay offs reflect the degree of difficulty of actually winning.
Before you start throwing money in all directions, you need to first, master Win and Place betting. Mastering Win and Place betting is simply being able to win consistently when betting for a Win and/or a Place. There is no point even looking at exotics until you can do this.
This article shows you how to master the basics of Win and Place betting.
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