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Economy => Gambling discussion => Topic started by: Cryptomultiplier on September 12, 2022, 08:58:05 PM



Title: Ever heard of trifecta betting?
Post by: Cryptomultiplier on September 12, 2022, 08:58:05 PM
I somehow stumbled on the word 'trifecta' and as interesting as the name sounds, I got interested and had to find a relationship that connects the word trifecta to betting.
The definition of a Trifecta is according to https://edge.twinspires.com/racing, the correct selection of the first, second, and third place finishers across the wire in the exact order.
Trifecta betting is popular in horse or greyhound racing. A small wager can have a big payoff due to the difficulty of accurately picking the top 3 finishers.
Whenever you place a bet on the three horses which you think will finish the race first, second, and third, in a specific order,  If they happen to finish in the correct order of which you predicted to win, you can win big!
The minimum stake for an online trifecta bet is usually either $.50 or $1 minimum.  Trifecta bets are available at almost all horse racing events around the world. It covers all breeds of racing which includes trifecta bets on thoroughbred racing, trifecta bets on harness racing, and trifecta bets on greyhound racing.
One can make a Trifecta bet online because it is legal and commonly used in the United States and most states around the world.
However, with recent cases of scams parading the online space, one is cautioned to use only legal, safe, and regulated websites like TwinSpires.com.
If one is faced with some of the more complex bets, Trifecta betting might just be another strategy to try out.
Let's discuss it!


Title: Re: Ever heard of trifecta betting?
Post by: coin-investor on September 12, 2022, 09:13:02 PM
Not really my favorite when I bet on horse racing I prefer the daily double
Quote
bet that requires you to select a winner from two consecutive racing events on the same day
its hard to win in a trifecta but it's worth it, it's a gamble, in a particular race you can easily spot the strongest and the second strongest but the third one is quite hard to guess I seldom win in trifecta it's easier in daily double or the winner take all, where you bet the winners in 7 successive races.


Title: Re: Ever heard of trifecta betting?
Post by: livingfree on September 12, 2022, 09:42:31 PM
I'm not familiar with it but it's like parlay. Understanding the keyword there as it forms tri/trio so that's perfect for those who are into this type of betting.

However, with recent cases of scams parading the online space, one is cautioned to use only legal, safe, and regulated websites like TwinSpires.com.
How are the scams are going with this type of bet? Are there setters or groups that makes it easier for them to predict the trio on the particular orders as they've got some insiders the same with other thoughts in betting?

How long have you been using that website?


Title: Re: Ever heard of trifecta betting?
Post by: Baofeng on September 12, 2022, 09:46:00 PM
Yes, I'm familiar with the word "trifecta", because I'm a avid fan of horse racing back in the days.

It's more of a challenge for horse bettor as you have to get the winner is successive order, like "win, place or show", meaning, 1st,2nd and third.

There are even what we call "double" bet. When you have to get the winner of a two races, i.e. winner of race 1 and race 2. And to add some fun on it, "double + 1", winner of races 1, 2 and 3.

And then Pentafecta, super 6, and then Winner Take All, So it makes horse racing a exciting game to bet, specially if you get a underdog in those what we call exotic bets.


Title: Re: Ever heard of trifecta betting?
Post by: serjent05 on September 12, 2022, 09:53:21 PM
I know about this kind of betting since my father used to bet on horse racing and I happen to see this kind of wagering where they guess the first three horses that will cross the finish line.  I don't know what it was called back then but knowing it right now as trifecta betting.  Though I would rather bet on which is the winning horse because this trifecta even though can give us higher reward increase the difficulty of winning exponentially.


Title: Re: Ever heard of trifecta betting?
Post by: gagux123 on September 12, 2022, 09:59:42 PM
Look... I'm not very "knowledgeable" person about this... but I'm pretty sure this is something similar to parlay!!

Well, by the way, tot to mention that, but this is very difficult to get a victory in trifecta....


Title: Re: Ever heard of trifecta betting?
Post by: dothebeats on September 12, 2022, 10:18:45 PM
You have to have an extreme amount of knowledge on the horses and the jockeys that are racing on that day to be able to hit a trifecta. It's usually just luck but I've read some stories of people making bets with low amounts frequently, and often wins these. Personally for the fun of it I'd do this too, but if I were to gamble seriously on horse racing I'd pick just one horse, raise my bet, and hope for the best, just like moneylines on sports bets although you have a smaller list of contestants you'll have to choose from.


Title: Re: Ever heard of trifecta betting?
Post by: goinmerry on September 12, 2022, 10:32:47 PM
However, with recent cases of scams parading the online space, one is cautioned to use only legal, safe, and regulated websites like TwinSpires.com.

I think you should remove this part as it's more of you are shilling site aside from discussing the main subject although it's a legit one.

And besides, it's not a crypto-gambling site.

I can't access the site (access denied error) here in my place in an attempt to check if they are accepting bitcoin or crypto in general.

A small wager can have a big payoff due to the difficulty of accurately picking the top 3 finishers.

It should really have a big return because it's hard to pick the Top 3 finishers.

Even predicting the exacta which only involved 2 horses that will finish 1st and 2nd place is really tough.


Title: Re: Ever heard of trifecta betting?
Post by: Yogee on September 12, 2022, 10:51:30 PM
I've never placed a bet on horse racing but I'm familiar with the term since I used to watch it. May I ask what's the average odds for one trifecta? Can it give you like $100 for $1 bet?

However, with recent cases of scams parading the online space, one is cautioned to use only legal, safe, and regulated websites like TwinSpires.com.

I think you should remove this part as it's more of you are shilling site aside from discussing the main subject although it's a legit one.

And besides, it's not a crypto-gambling site.

I can't access the site (access denied error) here in my place in an attempt to check if they are accepting bitcoin or crypto in general.
The site is fine but yes access is denied too when I click "bet now" or "deposit". I guess it's only exclusive to the US and some other nearby states.


Title: Re: Ever heard of trifecta betting?
Post by: agustina2 on September 12, 2022, 11:45:53 PM
May I ask what's the average odds for one trifecta? Can it give you like $100 for $1 bet?

That's an unfair reward for something that is really hard to predict.

The winning chance is really low especially for predicting the exact order of winning.

According to the link that OP provided, the example given is,

"If you had wagered $2 and correctly picked the Trifecta in the 2016 Belmont Stakes the Trifecta payoff would have been $2,751."


Title: Re: Ever heard of trifecta betting?
Post by: romero121 on September 12, 2022, 11:49:52 PM
May I ask what's the average odds for one trifecta? Can it give you like $100 for $1 bet?

That's an unfair reward for something that is really hard to predict.

The winning chance is really low especially for predicting the exact order of winning.

According to the link that OP provided, the example given is,

"If you had wagered $2 and correctly picked the Trifecta in the 2016 Belmont Stakes the Trifecta payoff would have been $2,751."

This is huge and it made me go further and know about it. This practice is there long back itself and came across a winning in which the person who placed $2 have made an whooping $88761
Trifecta Pays Off $88,761 for $2 Bet (https://www.nytimes.com/1979/02/02/archives/trifecta-pays-off-88761-for-2-bet.html)


Title: Re: Ever heard of trifecta betting?
Post by: Yogee on September 12, 2022, 11:57:55 PM
May I ask what's the average odds for one trifecta? Can it give you like $100 for $1 bet?

That's an unfair reward for something that is really hard to predict.

The winning chance is really low especially for predicting the exact order of winning.

According to the link that OP provided, the example given is,

"If you had wagered $2 and correctly picked the Trifecta in the 2016 Belmont Stakes the Trifecta payoff would have been $2,751."

This is huge and it made me go further and know about it. This practice is there long back itself and came across a winning in which the person who placed $2 have made an whooping $88761
Trifecta Pays Off $88,761 for $2 Bet (https://www.nytimes.com/1979/02/02/archives/trifecta-pays-off-88761-for-2-bet.html)
Hehe damn! It's like picking three numbers for a lottery game but with higher chance of winning.

I guess I should pay more attention to horse racing and bet at least once a month.


Title: Re: Ever heard of trifecta betting?
Post by: Wexnident on September 13, 2022, 12:19:09 AM
Whenever you place a bet on the three horses which you think will finish the race first, second, and third, in a specific order,  If they happen to finish in the correct order of which you predicted to win, you can win big!
Naturally, you win big. A prediction of the top 3 places in the correct order is immensely difficult in these types of sports, no matter the case you'd have to be rather lucky to actually hit said predictions correctly. I've had a bit of experience watching the race (not betting on it) and there really isn't much to tell depending on who's gonna win, not to mention the top 3. The 1st would naturally be easier to find compared the top 3, heck even the top 2 would probably be easier since races would often have that dominant player more often than not.

Also to link the exact article OP got the trifecta meaning, it's this one:
https://edge.twinspires.com/racing/betting-info/horse-racing/trifecta-bet/ (https://edge.twinspires.com/racing/betting-info/horse-racing/trifecta-bet/)



Title: Re: Ever heard of trifecta betting?
Post by: stompix on September 13, 2022, 01:40:06 AM
Not really my favorite when I bet on horse racing I prefer the daily double

Yes, I'm familiar with the word "trifecta", because I'm a avid fan of horse racing back in the days.

I know about this kind of betting since my father used to bet on horse racing and I happen to see this kind of wagering where they guess the first three horses that will cross the finish line.

And many more, so many into horse racing and I see none on my topic exactly about betting..weird ... :D
As for how hard it is, I placed like 9 bets in the week two of them as tricast and I got one out of two at 24:1 ods. (https://bitcointalk.org/index.php?topic=5413000.msg60920652#msg60920652)

I've never placed a bet on horse racing but I'm familiar with the term since I used to watch it. May I ask what's the average odds for one trifecta? Can it give you like $100 for $1 bet?

Most bookmakers cap the odds on trifecta some at 150 and some at 250, if you go for a tote when the whole pool goes to the winner you get better results if you get a win with very low odds horses. But with fixed odds it makes sometimes no sense to go for a trifecta, for example picking a random race tomorrow 15:35 Yarmouth

For example 3 horses,
Navy Drums  10.0,  Amasova 5.0, Portelet Bay 5.0

You're sure Navy Drums will be a winner and the two favorites will follow him home, a double will be
Navy Drums Amasova at   26.0 and
Navy Drums Amasova Portelet Bay   67.0
For just 250% extra I would take the risk and either bet more on the forecast or put another bet on Navy Drums and Portlet Bay for example.
Just not worth it in this example.

Naturally, you win big. A prediction of the top 3 places in the correct order is immensely difficult in these types of sports, no matter the case you'd have to be rather lucky to actually hit said predictions correctly.

Nope, it's not! If there are 15 horses in a race (which is already a big field for something that ain't the coral cup) there are 2,730 possibilities.


Title: Re: Ever heard of trifecta betting?
Post by: CryptoHeadlineNews on September 13, 2022, 02:02:37 AM
The definition of a Trifecta is according to https://edge.twinspires.com/racing, the correct selection of the first, second, and third place finishers across the wire in the exact order.
Trifecta betting is popular in horse or greyhound racing. A small wager can have a big payoff due to the difficulty of accurately picking the top 3 finishers.
Whenever you place a bet on the three horses which you think will finish the race first, second, and third, in a specific order,

This is literary my first time hearing of this betting system called "Trifecta" because I don't see any much difference between this and the normal sports booking betting system whereby the higher you are able to predict more team that could win the match correctly, the higher your chances of winning huge.


Title: Re: Ever heard of trifecta betting?
Post by: traderethereum on September 13, 2022, 02:43:24 AM
I never heard about trifecta betting.
But according to https://www.punters.com.au/betting/types/trifecta/.
Quote
A Trifecta is an exotic bet type that requires the punter to select the horses that finish 1st, 2nd and 3rd.

There are several different types of Trifectas available to punters so make sure you find the right structure to work with your betting strategy.

A Straight Trifecta is the most affordable of all Trifectas but it is also the hardest to win, with the punter only allowed one selection in each position and needing to tip the first three horses home - in order! A Boxed Trifecta, on the other hand, allows the punter to make any number of selections (limited to field size) with their runners being able to finish in any order.

So I guess this betting type is part of horse racing because that site has an image of the horse racing.
Besides, you can google the other website to find which casino has this animal racing.
Maybe this betting is not popular as the other betting but people only know about horse racing.


Title: Re: Ever heard of trifecta betting?
Post by: Don Pedro Dinero on September 13, 2022, 03:33:54 AM
In other words, a kind of combined bet that is applied to horse races and is about guessing who exactly is going to finish in the first 3 places. No, I hadn't heard of it, and I don't follow horse racing but I've always found it curious that there are people who claim that you can bet EV+, generating long term profits.

I understand that this type of betting reduces the chances of being successful, but at the same time the prize will be higher.



Title: Re: Ever heard of trifecta betting?
Post by: Fundamentals Of on September 13, 2022, 03:55:39 AM
I haven't made a trifecta bet before. But it sounds exciting. And not just trifecta but also quadfecta or superfecta, pentafecta, etc. With a very low minimum and a big potential win, it might be worth a try.

But is this betting feature only available for horse betting? I know this has been widely associated with horse betting, but is there a popular crypto bookmaker that also offers this betting style in sports leagues?


Title: Re: Ever heard of trifecta betting?
Post by: Saisher on September 13, 2022, 04:03:32 AM
The organizers of these events make sure that all the races are mixed up, but there's always one that will be strongest based on the horse's past performances plus the jockey who's riding it and the one that will likely challenge it, you can get the first and the second placer but the third placer is hard to get, especially if there are 8 horses racing and all the other horses are equal in their performances that is why Trifecta is more challenging that pick 6 daily double or winner take all.


Title: Re: Ever heard of trifecta betting?
Post by: nullama on September 13, 2022, 04:07:51 AM
Trifecta is just a name for a specific bet in which you pick the first 3 horses correctly.

I think it's mostly used in the US and Australia, but there are similar names in other countries, such as tricast (UK), tiercé (France), etc...


Title: Re: Ever heard of trifecta betting?
Post by: Mauser on September 13, 2022, 05:47:22 AM
If one is faced with some of the more complex bets, Trifecta betting might just be another strategy to try out.
Let's discuss it!

I am wondering how many people are actually using complex bets in the world of horse or dog racing. So far I never went to a sport race event with horses, I only know it from movies and TV this probably not an accurate picture of the sport. To me it seems so random to place large sums of money on horses if you don't follow the sport regularly. And now even picking the second or third place winner might be nice for getting better odds but it will also makes it so much more unlikely to win. If I am clueless than I am relying on odds to get a rough indication who is the most likely to win. The combination of picking the top 3 winners in order is giving such big odds that I could probably bet on some underdog with the same chance of winning. In the end we need to decide if we want to go for higher winnings but win less often, or if we want to win more often and only make small profits. Someone who has a good hand to pick the right horses might make a lot of money with this betting strategy. 


Title: Re: Ever heard of trifecta betting?
Post by: worle1bm on September 13, 2022, 06:48:58 AM
I have known horse racing as a choice for gambler to bet upon but never heard this term before as personally don't have interest and knowledge in the horse racing so maybe that's why have not heard about this term but now there are so many posts explaining about it so have little knowledge about the same.

There are huge bets placed on this one also as far as I am familiar with it like on the horse or jockey (seen in movies as well ;D) but don't know how they know who will make to the finish line or they have experience and prior knowledge about who is better in this race.But good to know about new things as well.


Title: Re: Ever heard of trifecta betting?
Post by: Oshosondy on September 13, 2022, 07:35:45 AM
hard to win in a trifecta but it's worth it, it's a gamble, in a particular race you can easily spot the strongest and the second strongest but the third one is quite hard to guess I seldom win in trifecta it's easier in daily double or the winner take all, where you bet the winners in 7 successive races.
You prefer daily double, but betting on daily double is also gambling. Yes, I understood your point, trifecta betting would be hard to win, to know the horses that would be the first, second and third to win a race would be very difficult, with a higher odd but lower chance of predicting it correctly. I think I would give this a try anytime I have free money to spare.


Title: Re: Ever heard of trifecta betting?
Post by: Bananington on September 13, 2022, 10:21:29 AM
Trifecta betting is popular in horse or greyhound racing. A small wager can have a big payoff due to the difficulty of accurately picking the top 3 finishers.
Whenever you place a bet on the three horses which you think will finish the race first, second, and third, in a specific order,  If they happen to finish in the correct order of which you predicted to win, you can win big!
Analyzing the concept behind it, It is obvious that Trifecta betting is not for those who are unfamiliar with the game. A degree of knowledge about the sport is required to be able to accurately predict the top three finishers in the correct order.

Curiosity has lead me to do some research of my own to also find out that Trifecta betting falls under the family of Single-race exotics wagers and also has; Exacta Bet, Quinella Bet, Superfecta Bet and Super High 5, as siblings.

For your extensive reading, you can read more here (https://www.kentuckyderby.com/wager/betting-101/types-of-bets).


Title: Re: Ever heard of trifecta betting?
Post by: aioc on September 13, 2022, 11:00:49 AM

Hehe damn! It's like picking three numbers for a lottery game but with higher chance of winning.

I guess I should pay more attention to horse racing and bet at least once a month.

I don't think you can compare it to a lottery on a lottery any number can come up as the winner, on horse racing, there are favorite horses that will likely win in a race, and a potential challenger to that favorite, the trifecta is very challenging because of the handicapping

Quote
A handicap race in horse racing is a race in which horses carry different weights, allocated by the handicapper. A better horse will carry a heavier weight, giving it a disadvantage when racing against slower horses.

The favorites should overcome the handicapping to be able to win the races, the two strongest horses in the race always have the chance but all the other horses are equal in their chances to win the third spot, that is why trifecta is very attractive to these who are good in analyzing horses and the handicapping method.


Title: Re: Ever heard of trifecta betting?
Post by: D ltr on September 13, 2022, 03:57:14 PM

If one is faced with some of the more complex bets, Trifecta betting might just be another strategy to try out.
Let's discuss it!

Is, maybe I'm the only one who doesn't know what a trifecta is,
but I've seen people betting for horses in one of the classic films, I thought it was only in the film that it was true that there were horse and jockey bets.
if you may know whether this bet can be cross continent / online too



Title: Re: Ever heard of trifecta betting?
Post by: YOSHIE on September 13, 2022, 05:18:21 PM
As far as I know in the horse racing betting arena there are several betting systems on offer, in my opinion trifecta is not a good bet to do, because bets like that involve some of the top and best horses, Of course, in horse racing we must consider the risks from jockeys, fields, horses and so on, of course the risk of falling and also horse health problems must be considered.

Although trifecta bets are classified as high paying if they finish, trifecta bets are quite complicated, although convincing, except: you already understand very well about the race, I mean the conditions, the jockey and also about the horse you want to bet on, if you are not an expert in predicting horse racing bets then the trifecta system bet can be fatal.

I often place horse racing bets, but never place a preferred bet on more than a few horses closest to the finish, 1,2,3.....I prefer to bet on horses that I believe will make it to the finish, only one horse, nothing more.


Title: Re: Ever heard of trifecta betting?
Post by: jostorres on September 13, 2022, 07:48:23 PM
If one is faced with some of the more complex bets, Trifecta betting might just be another strategy to try out.
Let's discuss it!
Is, maybe I'm the only one who doesn't know what a trifecta is,
but I've seen people betting for horses in one of the classic films, I thought it was only in the film that it was true that there were horse and jockey bets.
if you may know whether this bet can be cross continent / online too
No, you are not alone with that but I believe many of us have discovered this word today, here in this thread so thanks to the op that we have learned something new and our gambling knowledge have expanded once again. Trifecta is used in horse racing but speaking of horse racing, you are right that this sport is not only limited in films but it was also popular in the gambling world (can be online or offline).

I didn't know that in horse betting, there is also a game mode where you need to predict the first three winning horses or also called as trifecta. I always thought that you will only bet in one horse and that horse must come at first for you to win your bets.


Title: Re: Ever heard of trifecta betting?
Post by: Fortify on September 13, 2022, 08:24:47 PM
I somehow stumbled on the word 'trifecta' and as interesting as the name sounds, I got interested and had to find a relationship that connects the word trifecta to betting.
The definition of a Trifecta is according to https://edge.twinspires.com/racing, the correct selection of the first, second, and third place finishers across the wire in the exact order.
Trifecta betting is popular in horse or greyhound racing. A small wager can have a big payoff due to the difficulty of accurately picking the top 3 finishers.
Whenever you place a bet on the three horses which you think will finish the race first, second, and third, in a specific order,  If they happen to finish in the correct order of which you predicted to win, you can win big!
The minimum stake for an online trifecta bet is usually either $.50 or $1 minimum.  Trifecta bets are available at almost all horse racing events around the world. It covers all breeds of racing which includes trifecta bets on thoroughbred racing, trifecta bets on harness racing, and trifecta bets on greyhound racing.
One can make a Trifecta bet online because it is legal and commonly used in the United States and most states around the world.
However, with recent cases of scams parading the online space, one is cautioned to use only legal, safe, and regulated websites like TwinSpires.com.
If one is faced with some of the more complex bets, Trifecta betting might just be another strategy to try out.
Let's discuss it!

It just sounds like a version of a parley or multi-bet, which is commonly found on every single gambling site out there. In fact, this type of bet is the most profitable for sportbook companies because gamblers are really poor at understanding the different odds that are involved in stringing together multiple bets like this. Anyone who has tried horse racing just a little bit will tell you how unpredictable the results can be, so while horse races generally offer much higher odds even on the supposed front runner, upset results are happen very often - if bookmakers cannot even predict the first horse over the line then how it a punter meant to pick three horses in a row over the line?


Title: Re: Ever heard of trifecta betting?
Post by: Cryptomultiplier on September 13, 2022, 09:03:33 PM
I applaud the replies I have read so far and only wished I could give answers to any questions that may have been asked.  I researched further on this topic and here's a snippet of what I could gather(link attached):
'There are several different types of Trifectas available to punters so make sure you find the right structure to work with your betting strategy.
A Straight Trifecta is the most affordable of all Trifectas but it is also the hardest to win. Select the horses that finish 1st, 2nd, and 3rd by making only one selection for each position.
A Boxed Trifecta, on the other hand, allows the punter to make any number of selections (limited to field size) with their runners being able to finish in any order.
Flexi Trifectas enable punters to take a percentage of the full unit of their bet, allowing them to outlay only as much as they can afford; it also means they can throw on bets they might otherwise have been unable to afford.'

https://www.punters.com.au/betting/types/trifecta/
https://blog.hollywoodbets.net/how-to-take-a-trifecta/

Furthermore, I do believe that horse racing or greyhound racing is a sport that gained popularity at a time when casinos, and soccer, were still gaining patronage. These animals unlike the way our soccer stars are followed up during training, off training, and during match games, were also much talked about and observed during these times. I would very much like to take my chances at trying out a trifecta bet online, if I have the opportunity to. Perhaps for fun, and luck.


Title: Re: Ever heard of trifecta betting?
Post by: ralle14 on September 14, 2022, 12:08:19 AM
I've heard the term a few times back then when i'm still into horse racing but it's rare to see those types of bets offered in crypto sportsbooks though as most of them rarely offer a wide variety of lines. Even though the odds are tempting i'll probably never take those bets unless there's a bonus involved since i've been struggling to hit parlays with low odds and I can't imagine putting some money on selections that have higher odds.


Title: Re: Ever heard of trifecta betting?
Post by: OgNasty on September 14, 2022, 12:45:21 AM
I'm definitely aware of what a trifecta is and that it's popular in horse racing.  That's a little too risky of a bet for me personally, but I guess if you followed horse racing you might feel a little differently.  It's similar to parlay bets in other sports where you package multiple games together into one high risk high reward bet.  For some reason though I feel like predicting multiple games is easier than predicting the top 3 finishers and which place they come in during a horse race.


Title: Re: Ever heard of trifecta betting?
Post by: nullama on September 14, 2022, 12:59:03 AM
I'm definitely aware of what a trifecta is and that it's popular in horse racing.  That's a little too risky of a bet for me personally, but I guess if you followed horse racing you might feel a little differently.  It's similar to parlay bets in other sports where you package multiple games together into one high risk high reward bet.  For some reason though I feel like predicting multiple games is easier than predicting the top 3 finishers and which place they come in during a horse race.

It would depend on the specifics of the multiple games though. In some cases it would be easier and in others, more difficult.

But that's the thing with probabilities, humans are not really great at thinking about it day to day. You just need to calculate the math and simply believe the results, even though it might "feel" differently.

At the end of the day you need to trust the math...


Title: Re: Ever heard of trifecta betting?
Post by: Dave1 on September 14, 2022, 01:21:17 AM
hard to win in a trifecta but it's worth it, it's a gamble, in a particular race you can easily spot the strongest and the second strongest but the third one is quite hard to guess I seldom win in trifecta it's easier in daily double or the winner take all, where you bet the winners in 7 successive races.
You prefer daily double, but betting on daily double is also gambling. Yes, I understood your point, trifecta betting would be hard to win, to know the horses that would be the first, second and third to win a race would be very difficult, with a higher odd but lower chance of predicting it correctly. I think I would give this a try anytime I have free money to spare.

Double might be easier to hit than trifecta. Specially if there will be like 10-12 horses that are going to run in a particular race, the odds are going to be small to hit the correct orders. But there are a lot of horse racing afionados that I have send win big this way.  Long shot horses winning and then they were able to combine with with the favorite and second favorite.


Title: Re: Ever heard of trifecta betting?
Post by: ChiBitCTy on September 14, 2022, 01:21:32 AM
Like you said trifecta betting has been popular around horse and dog racing for a long time. Before I woke up to the sickening reality of horse and dog racing (or animal being used for sport/betting just period) I used to bet trifectas at my local state fair horse races.

Again, horse and dog racing is WRONG, and unless you’re sole-less you should not being supporting this cruelty!


Title: Re: Ever heard of trifecta betting?
Post by: btc_angela on September 14, 2022, 07:38:06 AM
I'm also a big fan of horse racing, and if I'm not mistaken, I exchange message with some members regarding this years ago.

And in paper it seems that you might think your chances are high or this sports is easy to win. But if you actually try it and with many different ways to win like the Trifecta, it will become so hard because there are a lot of horses that you need to pick and then you also have to take into consideration the distance, the jockeys and who is the horse racing to. So you have to review a lot before you can hit that Trifecta bet.


Title: Re: Ever heard of trifecta betting?
Post by: stompix on September 15, 2022, 04:57:22 PM
I don't think you can compare it to a lottery on a lottery any number can come up as the winner, on horse racing, there are favorite horses that will likely win in a race, and a potential challenger to that favorite, the trifecta is very challenging because of the handicapping

Not all races are handicap races.

The favorites should overcome the handicapping to be able to win the races, the two strongest horses in the race always have the chance but all the other horses are equal in their chances to win the third spot, that is why trifecta is very attractive to these who are good in analyzing horses and the handicapping method.

Where did you get the impression that there are two favorites and the rest?
The next Uk race, like literally the next starts in 1 min:
https://i.imgur.com/94jnBEl.png

Do you see those two favorites?  ;D
And all the rest have equal chances for the third spot? just lol.

if bookmakers cannot even predict the first horse over the line then how it a punter meant to pick three horses in a row over the line?

maybe I'm special (https://bitcointalk.org/index.php?topic=5413000.msg60920652#msg60920652).

But if you actually try it and with many different ways to win like the Trifecta, it will become so hard because there are a lot of horses that you need to pick and then you also have to take into consideration the distance, the jockeys and who is the horse racing to.

And where is that horse racing to also, some might run to Walmart and some to pizza hut.
"there are a lot of horses that you need to pick"
No! It's a damn trifecta, you have to pick exactly 3 horses! Not 2 not fr not many not little, 3!


Title: Re: Ever heard of trifecta betting?
Post by: virasisog on September 15, 2022, 05:42:07 PM
Like you said trifecta betting has been popular around horse and dog racing for a long time. Before I woke up to the sickening reality of horse and dog racing (or animal being used for sport/betting just period) I used to bet trifectas at my local state fair horse races.

Again, horse and dog racing is WRONG, and unless you’re sole-less you should not being supporting this cruelty!

It's already part of the culture though it's really heartbreaking for those who have a huge concern for animals. In our country, dog racing is illegal because dogs seem like national our pets and are already part of families but no matter what we do, there will be people who will use them to gamble. It might be considered as animal cruelty but we have no control over it. The gambling industry is a huge business after all.


Title: Re: Ever heard of trifecta betting?
Post by: _act_ on September 15, 2022, 07:53:51 PM
Trifecta is just a name for a specific bet in which you pick the first 3 horses correctly.
Yes, we know that. This thread is not about the meaning of trifecta, but about how fun it can be, or about how sad it can be to have such bet. As for me, I do not think it would be fun to go for such bet, it is very risky, especially if it is virtual hourse racing, but I can still see it as fun with physical horse racing.

It's already part of the culture though it's really heartbreaking for those who have a huge concern for animals. In our country, dog racing is illegal because dogs seem like national our pets and are already part of families but no matter what we do, there will be people who will use them to gamble. It might be considered as animal cruelty but we have no control over it. The gambling industry is a huge business after all.
We are even using human racing for gambling  ;D. But no pressure like using animals. Humans is voluntarily and they take care of their health. Never mind me.

Although some people ban animal racing just because of the kind of death as a result of something like heart attack and other health related issue faced from the racing. That is why some countries ban it.


Title: Re: Ever heard of trifecta betting?
Post by: suzanne5223 on September 17, 2022, 08:48:41 PM
Trifecta betting is popular in horse or greyhound racing.
TBH, this is the first time I will hear about this Trifecta online bet because I'm not into horse racing bet but according to your explanation giving it a try won't hurt since the risk is small due to the minimum bet to be in the range of $.50 or $1.
Since the difficulty of winning the game is high, is there a chance of making 2 or more bets in a single race?


Title: Re: Ever heard of trifecta betting?
Post by: coin-investor on September 17, 2022, 09:53:45 PM
Trifecta betting is popular in horse or greyhound racing.
TBH, this is the first time I will hear about this Trifecta online bet because I'm not into horse racing bet but according to your explanation giving it a try won't hurt since the risk is small due to the minimum bet to be in the range of $.50 or $1.
Since the difficulty of winning the game is high, is there a chance of making 2 or more bets in a single race?

Yes, why not as long as you can afford it I used to buy up to 5 tickets when the odds were high, like what I said trifecta is very challenging even to the most avid bettors, as a horse racer you're not only looking on the horses you also have to look on who's riding it his weight at the time he is riding it, the handicap like the weight that he is going to carry, it's easy to compute if you have a computer program that analyzes this for you, but I know horse bettors who are good at analyzing based on their memory of the horse's past performances.


Title: Re: Ever heard of trifecta betting?
Post by: Cryptomultiplier on September 17, 2022, 09:59:43 PM
Trifecta betting is popular in horse or greyhound racing.
TBH, this is the first time I will hear about this Trifecta online bet because I'm not into horse racing bet but according to your explanation giving it a try won't hurt since the risk is small due to the minimum bet to be in the range of $.50 or $1.
Since the difficulty of winning the game is high, is there a chance of making 2 or more bets in a single race?
If by 2 or more bets you mean, making two trifecta bets of different selections on a particular race, what I can say is that it night be plausible. If you got enough cash you can afford to forgo and willingness of a thrill, why not try it. Besides just making a trifecta bet, which involves making a selection of three finishers in a correct order, other structures of trifecta betting do exist.
We have the;
• Straight Trifecta which involves selecting the horses that finish 1st, 2nd, and 3rd by making only a selection for each position.
• Boxed Trifecta, which involves making any number of selections with the racers being able to finish in any order.
• Flexi Trifecta which involves taking a percentage of the whole unit of a bet, by throwing in bets one might not have been able to afford.
I hope one should suit your preferred style.


Title: Re: Ever heard of trifecta betting?
Post by: robelneo on September 17, 2022, 10:17:08 PM
When I was active betting in horse racing in our place I use to carry one of these and all bettors have one of these when they are betting it's their guide on the event that they are going to bet, everything you want to know about a particular line up is all here, name of the horses the horse's weight, the jockey that is going to ride his current weight, the handicap weight for each horse, of course, the favorite horse will carry more weight to cut his edge over all the other horses, the name of the trainers, and of course the combination of the horses that sire that particular horse.

It may look complicated because of the many factors to consider but for a long time horse racing bettors just looked at this and analyze this in their minds this was in the olden days but now we have computer programs to analyze this, and trifecta offers a big challenge but I know of a bettor who loves to bet on it and his winning ratio is quite high, horse racing is stake based, it depends on the money accumulated if many pick the right winners the pot is much lesser.

https://i.imgur.com/b0FE0O1.jpg


Title: Re: Ever heard of trifecta betting?
Post by: STT on September 17, 2022, 10:17:14 PM
Predicting exact results can pay out big time but its usually hard to do.  Surely greyhounds arent predictable enough to really expect a win on this kind of outcome, I dont know the sport well enough but not like I'd try it in horse racing either.   I have done it in esports just naming how 3 matches in sequence ends isnt too hard and 19 to 1 is recent bettable odds I saw, it didnt end with that 'exact' outcome but it was quite close.  Any bet others are scared of taking is probably worth considering with any insight possible, still a rare one for me.


Title: Re: Ever heard of trifecta betting?
Post by: Poker Player on September 18, 2022, 02:55:52 AM
Well, no, I hadn't heard that, although I've never bet on horse racing.

The definition of a Trifecta is according to https://edge.twinspires.com/racing, the correct selection of the first, second, and third place finishers across the wire in the exact order.
Trifecta betting is popular in horse or greyhound racing. A small wager can have a big payoff due to the difficulty of accurately picking the top 3 finishers.
Whenever you place a bet on the three horses which you think will finish the race first, second, and third, in a specific order,  If they happen to finish in the correct order of which you predicted to win, you can win big!

In other words, it is more difficulty with a higher prize if you guess right. Well, that happens in gambling in general, you get a bigger prize if you bet on a roulette number than if you bet on red or black, although in this case it is not exactly like that, but in predicting different outcomes that count as a single bet. There are many types of such bets that you can make in bookmakers, especially in sports betting.


Title: Re: Ever heard of trifecta betting?
Post by: suzanne5223 on September 18, 2022, 03:49:33 PM
Trifecta betting is popular in horse or greyhound racing.
TBH, this is the first time I will hear about this Trifecta online bet because I'm not into horse racing bet but according to your explanation giving it a try won't hurt since the risk is small due to the minimum bet to be in the range of $.50 or $1.
Since the difficulty of winning the game is high, is there a chance of making 2 or more bets in a single race?

Yes, why not as long as you can afford it I used to buy up to 5 tickets when the odds were high, like what I said trifecta is very challenging even to the most avid bettors, as a horse racer you're not only looking on the horses you also have to look on who's riding it his weight at the time he is riding it, the handicap like the weight that he is going to carry, it's easy to compute if you have a computer program that analyzes this for you, but I know horse bettors who are good at analyzing based on their memory of the horse's past performances.
Thanks for the information. You maybe not know that what you said now is enough for me to use as guide and participate in the horse racing game like a pro.

Trifecta betting is popular in horse or greyhound racing.
TBH, this is the first time I will hear about this Trifecta online bet because I'm not into horse racing bet but according to your explanation giving it a try won't hurt since the risk is small due to the minimum bet to be in the range of $.50 or $1.
Since the difficulty of winning the game is high, is there a chance of making 2 or more bets in a single race?
If by 2 or more bets you mean, making two trifecta bets of different selections on a particular race, what I can say is that it night be plausible. If you got enough cash you can afford to forgo and willingness of a thrill, why not try it. Besides just making a trifecta bet, which involves making a selection of three finishers in a correct order, other structures of trifecta betting do exist.
We have the;
• Straight Trifecta which involves selecting the horses that finish 1st, 2nd, and 3rd by making only a selection for each position.
• Boxed Trifecta, which involves making any number of selections with the racers being able to finish in any order.
• Flexi Trifecta which involves taking a percentage of the whole unit of a bet, by throwing in bets one might not have been able to afford.
I hope one should suit your preferred style.
You seem to be professional in this horse racing. From your own experience in horse racing, what are the do's and dont's that bettors need to focus on if want to win the horse race betting?
Which site do I think is the best when it comes to online horse races?


Title: Re: Ever heard of trifecta betting?
Post by: Gozie51 on September 18, 2022, 05:11:17 PM
If they happen to finish in the correct order of which you predicted to win, you can win big!


I can relate with this and it should be a big win because it is not easy to wager and get the three spot on a roll that three horses come appearing 1,2 and third. The odds are high just like correct score in soccer and draw are not compared to just any betting odd. However, I have not had such bet in trifecta and I think same word or betting terminology can be used for dog race also.


Title: Re: Ever heard of trifecta betting?
Post by: coin-investor on September 19, 2022, 11:53:13 PM
If they happen to finish in the correct order of which you predicted to win, you can win big!


I can relate with this and it should be a big win because it is not easy to wager and get the three spot on a roll that three horses come appearing 1,2 and third. The odds are high just like correct score in soccer and draw are not compared to just any betting odd. However, I have not had such bet in trifecta and I think same word or betting terminology can be used for dog race also.

The thing with trifecta in our country is you have to look at the stake and the pot and of course, the tipster tips, if the majority are predicting three horses in order and the post is too small if the order comes out as predicted, then you can take a risk and pick other horses to be your dark horse usually the third one to finish is the hardest to bet, the organizers make sure there is the heavy favorite and slight favorite in the lineup and it's up to you to pick your dark horse, so the key to win big is to pick your dark horse where the majority is not picking and hope it will come out the winner.


Title: Re: Ever heard of trifecta betting?
Post by: chaser15 on September 19, 2022, 11:59:19 PM
Trifecta betting is popular in horse or greyhound racing.
TBH, this is the first time I will hear about this Trifecta online bet because I'm not into horse racing bet but according to your explanation giving it a try won't hurt since the risk is small due to the minimum bet to be in the range of $.50 or $1.
Since the difficulty of winning the game is high, is there a chance of making 2 or more bets in a single race?

This is also the first time I heard of trifecta betting.

Reading the article that was shared, that was a risky bet but at the same time, really rewarding and tempting.

Does anyone try that bet already in local bookies? How's your experience?


Title: Re: Ever heard of trifecta betting?
Post by: nullama on September 20, 2022, 12:29:05 AM
Has anyone here actually won a trifecta? Let's see how hard it really is.

A trifecta is a bet in which you pick the first 3 horses in a race, in any order.

The probability of getting your bet right depends on the number of participants in the race, and the probability of each horse to win.

Let's make it simple and assume every horse has the same probability to win, and let's set it as a 10 horses race.

The event you're interested in is 3 horses in particular arrive in the first three spots in any order and the other 7 horses arrive at the last seven spots.

All the possible ways that the 3 horses can end up in the first three spots is 3! = 3 * 2 * 1 = 6.

All the possible ways that the other 7 horses can end up in the last seven spots is 7! = 5040.

You need those two events to happen, so you simply multiply them: 3! * 7! = 30,240.

Now, the total ways in which all 10 horses can arrive to the finish line is 10! = 3,628,800.

So, the probability of winning that bet is 3! * 7! / 10! = 30,240 / 3,628,800, which is 1 / 120, or 0.00833333333333...

There is one in one hundred and twenty chances of winning that bet.

Not crazy, but also not easy.


Title: Re: Ever heard of trifecta betting?
Post by: suzanne5223 on September 20, 2022, 07:50:01 PM
Trifecta betting is popular in horse or greyhound racing.
TBH, this is the first time I will hear about this Trifecta online bet because I'm not into horse racing bet but according to your explanation giving it a try won't hurt since the risk is small due to the minimum bet to be in the range of $.50 or $1.
Since the difficulty of winning the game is high, is there a chance of making 2 or more bets in a single race?

This is also the first time I heard of trifecta betting.

Reading the article that was shared, that was a risky bet but at the same time, really rewarding and tempting.
Yes, the trifecta betting appears to be risky but theres chance of making much betting on a single race, and the minimum betting was said to be in the range of $0.5-$1 which makes the risk involve to be something very online gambler can easily afford but buzz needs to be put in check though because sports bet is one of the game people are addicted to this day.

Does anyone try that bet already in local bookies? How's your experience?
There's a chance that the OP has tried it before.


Title: Re: Ever heard of trifecta betting?
Post by: stompix on September 21, 2022, 05:26:15 AM
Let's make it simple and assume every horse has the same probability to win, and let's set it as a 10 horses race.

The event you're interested in is 3 horses in particular arrive in the first three spots in any order and the other 7 horses arrive at the last seven spots.

All the possible ways that the 3 horses can end up in the first three spots is 3! = 3 * 2 * 1 = 6.
All the possible ways that the other 7 horses can end up in the last seven spots is 7! = 5040.
You need those two events to happen, so you simply multiply them: 3! * 7! = 30,240.
Now, the total ways in which all 10 horses can arrive to the finish line is 10! = 3,628,800.
So, the probability of winning that bet is 3! * 7! / 10! = 30,240 / 3,628,800, which is 1 / 120, or 0.00833333333333...
There is one in one hundred and twenty chances of winning that bet.


You know you could have just used the permutations formula, right?
In this case for a trifecta (which btw, it's for the exact order) is simply 10!/ (10 - 3)! and for random order is 10! / 3! × (10 - 3)!.
The chances of getting a trifecta are 1:720 simple as this.
 
In other words, it is more difficulty with a higher prize if you guess right. Well, that happens in gambling in general, you get a bigger prize if you bet on a roulette number than if you bet on red or black, although in this case it is not exactly like that, but in predicting different outcomes that count as a single bet. There are many types of such bets that you can make in bookmakers, especially in sports betting.

The tiny difference is that the read for guessing 3 numbers in a row is the exact same, no matter what the winning numbers, with horses it's one thing if you guess the right favorites coming home in order and completely different if you guess 3 outsides upsetting any predictions, I guessed 4 times in the last two months a trifecta but never one above 60:1, most in the 20-30 region.
I usually do this kind of betting when I'm sure the two in front are going to dominate but there is nothing interesting about betting on them at 2:1, so you start searching for the third, and with 2-3 pics you might still have a 4-6:1 return even doubling the bets to cover the first two random positions. 




Title: Re: Ever heard of trifecta betting?
Post by: Pierre 2 on September 21, 2022, 06:03:32 AM
I never heard of Trifecta betting but I think there were something sort of similar in seasonal sports betting. I mean as an example, you try to guess who is gonna win the league and followers. I feel like I surely see this type of bets here in Türkiye before. I think its kind of bet like you get so much for so little. But its nearly impossible to guess 3 in like 15-20 group. And in correct order?! If you can guess that you totally deserve money you got.


Title: Re: Ever heard of trifecta betting?
Post by: LUCKMCFLY on October 08, 2022, 03:54:35 AM
Well, I cannot deny that I had heard it before, when they were in college, there was a group of classmates who played chess in the club and came in saying that some lost and that others had been very lucky with the winner, but only one man , older adult had won the trifecta, and everyone talked about the man who always and all his life has been there playing horses, and made big bets, what he did not know was that that was what it meant, because mostly they entered was throwing joke, but they had a lot of respect for that man who always won, some even said that they wanted to dedicate themselves to that and leave the university, 'because that man lived on it, he didn't know that horse racing was still so popular.