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Author Topic: Ever heard of trifecta betting?  (Read 406 times)
Cryptomultiplier (OP)
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September 12, 2022, 08:58:05 PM
 #1

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!

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September 12, 2022, 09:13:02 PM
 #2

Not really my favorite when I bet on horse racing I prefer the daily double
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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.

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September 12, 2022, 09:42:31 PM
 #3

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?

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September 12, 2022, 09:46:00 PM
 #4

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.

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September 12, 2022, 09:53:21 PM
 #5

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.

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September 12, 2022, 09:59:42 PM
 #6

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....

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September 12, 2022, 10:18:45 PM
 #7

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.

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September 12, 2022, 10:32:47 PM
 #8

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.
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September 12, 2022, 10:51:30 PM
 #9

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.

R


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September 12, 2022, 11:45:53 PM
 #10

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."
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September 12, 2022, 11:49:52 PM
 #11

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
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September 12, 2022, 11:57:55 PM
 #12

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
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.

R


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September 13, 2022, 12:19:09 AM
 #13

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/


R


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September 13, 2022, 01:40:06 AM
Merited by Yogee (1)
 #14

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 ... Cheesy
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.

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.

.
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September 13, 2022, 02:02:37 AM
 #15

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.

.
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September 13, 2022, 02:43:24 AM
 #16

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.

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September 13, 2022, 03:33:54 AM
 #17

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.


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September 13, 2022, 03:55:39 AM
 #18

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?
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September 13, 2022, 04:03:32 AM
 #19

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.
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September 13, 2022, 04:07:51 AM
 #20

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...

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