Your Complete Guide to Trifecta Box Bets for US Online Horse Racing
When you’re gambling on horses online, the trifecta box bet will give you a better chance of winning money than a normal trifecta would. If you want to try out the top horse betting sites, then you should know why the trifecta is an attractive option. This article will teach you the best way to bet on horse races online.
Trifecta Box Bets – An Introduction
While you bet on individual horse races, you can place something known as a “straight trifecta” bet. This is a kind of bet where you have to predict the top 3 horses in the exact order. Despite being a cheap wager with pretty good rewards, the straight trifecta can be a difficult bet to win.
One way around this scenario is a “box trifecta” or a “trifecta box”, where you bet on the 3 horses that you think will place in the top 3 positions. All winning combinations are going to be covered, irrespective of the position. If you’re using online horse racing sites, this is one of the most lucrative bets you can make.
Understanding the Mechanism of Trifecta Box
Online horse betting sites offer in-play horse betting in a race with 8 horses. For example, a bettor feels that horses 3, 4 and 5 are going to finish in the top 3. If he places a trifecta box bet with these 3 numbers, then all possible combinations of 3-4-5 will be accepted.
The minimum number of horses that you need to place a trifecta bet is 3. If you want to reduce the risk, then you can choose more than 3 horses as well. However, the price is going to rise steadily if you keep including more horses in your bet box. A trifecta is a very popular choice during live betting.
How Much Does Trifecta Box Bet Cost?
The trifecta box bet payout is pretty high, but it is relatively pricier when compared to the straight trifecta. Depending on the number of horses you include in the box, your bet amount is going to increase. Usually the formula is H*(H-1)*(H-2)*x, where “H” is the number of horses and “x” is the bet amount. Horse racing websites encourage fans to make trifecta bets with a small number of horses only.
Maximize Winnings by Keying Horses
In the world of horse betting, the law of diminishing returns always applies. If you add too many horses to your box, then you are going to get a smaller reward if you do win. That is why you can consider keying as a way to cut costs and maintain a pretty good win margin.
In a key bet, the bettor picks one horse which they feel is going to win the first place. Then they pick 3 or more horses which they think are going to come in second or third place. For a $1 wager, a trifecta with a key would cost you $6 in total. However, a box bet would cost $24.
Legal horse betting sites and horse betting apps allow players to key their favourite horses and save a good bit of money during betting as well. This is an impressive strategy that you can employ to keep your costs down and your win margin up. While you’re betting on horses online, remember to do your research before placing any bets.
Final Thoughts
When you are looking up real money betting sites, you should pick a website or app that is licensed and regulated. For example, TVG Horse Racing is a very good choice. By picking the right horses and placing the right bets, you’ll be able to save a lot of money. Sports fans will enjoy live horse races also.
Don’t forget to read our detailed reviews on other bet types of horse racing for a great betting experience:
Frequently Asked Questions
Yes, it is 100% legal to place bets on horse races online, as long as you are 18 years and older. Some areas/states require you to be 21+.
Any well-known online retail sportsbook will allow you to watch live horse racing online and place bets. You can look up the licensed racetracks and casinos operating in your area as well.
Sportsbook odds are the most reliable when it comes to exotic bets during horse races. You need to check the website/app of the sportsbook that you play with.
The trifecta box bet and the trifecta box with keys are the best bets that you can make in horse racing. They cost less and have large payouts.
It’s illegal for American citizens/residents to make bets on racing events that take place outside the United States. You can only make bets on domestic events.