Online racebooks offer a wide range of wager types, including Win, Place, Show, exactas, trifectas, superfectas, daily doubles, pick 3s, pick 6s, and more. This variety allows for more options per race compared to on-site tracks. However, the odds are calculated from a different pool, resulting in different odds for each horse compared to their published odds at the racetrack. Despite this difference, the odds are still based on the pari-mutuel system, with some offshore racebooks offering house-banked odds types as well.
In addition to traditional straight wagers like Win, Place, and Show bets, online racebooks also offer exotic horse bets such as exactas, trifectas, superfectas, daily doubles, pick 3s, and pick 6s. This wide selection of wager types provides more opportunities for bettors to engage with horse racing events. The odds for each horse are calculated from a separate pool than those at the local track, resulting in different odds online compared to on-site.
Overall, online racebooks provide a diverse range of wager types for horse racing enthusiasts, including both traditional straight bets and exotic bets. While the odds are formulated from a different pool than those at the local track, they still operate on the pari-mutuel system. This allows for a unique and engaging betting experience for users, with the convenience of placing bets online rather than at the racetrack.
