Parlay Horse Bets Online Racebooks Horse Betting Wager Types

bodog racebookA lot of horse bettors find that they win in streaks and can get hot for a certain period of time before eventually cooling down. During those hot streaks, the best way to mazimize profit is by Parlay Betting, or Roll Betting. In this type of wager, you start with one bet and group it with several other bets that are co-dependent on each other. If one loses, the entire bet is nullified. This is a better way to increase your bankroll when hot than simple straight bets that keep profits low and ask for long-term patience and accuracy. An easier way to think of Parlay Betting, though is simple. You start with a $2 wager on Horse 1, and it wins for $10. When you Parlay, you take all of that $10 and bet it on another accurance, say, taking Horse 3 to place. If that wins, you take that money and roll it to another outcome until the Parlay is over.

This is a great way to maximize profits when the bettor feels a cant-miss opportunity. Usually, in a Parlay, the bettor at Online Racebooks must establish the terms of the bet before getting a stub. It can be for two or more outcomes, but usually the track doesn't allow the bettor to pick one race, find out if they won, and then turn that money into another bet. That would be just straight-betting. Usually the bettor must pick the outcomes, identify them to the track and put one wager on them all. It is similar to wheel betting in which the bettor picks a key horse to win the first race, then several others to win the second race. The difference is, a bet can be made on a wide variety of outcomes for the different races. You can pick one horse to win one race, another to place in the second race, a third to win the third race, and a fourth to simply show.


The risk with Parlay Bets, however, is the fact that they are all mutually dependent. There is no door prize for three-out-of-four. The bettor must get all of his terms exactly correct. There are some gamblers who are very inconsistent with their wagers, typically winning two or three at a time before being foiled. These are the types of bettors that should stay away from Parlay Bets, because they tend to be cracked when a favorite has a bad showing or a secret underdog fails to perform.

Best Racebooks For Placing Parlay Bets

Rank Online Racebook Reviews Racebook Bonuses Tracks Visit
1 DSI Racebook Review 20% to $500 / 8% Rebate Program 100+ VISIT
2 BookMaker Racebook Review 20% to $500 / 8% Rebate Program 100+ VISIT
3 CaribSports Racebook Review 50% to $250 / 5% Rebate Program 20+ VISIT
4 Bovada Racebook Review 20% - $100 / 3% to 5% Rebate 80+ VISIT
5 BetJamaica Racebook Review 100% to $100 / Up to 7.5% Rebates 120+ VISIT
6 Intertops Racebook Review 25% to $100 10+ VISIT