As a valuable resource, VIPhorses offers a tutorial for online horse wagering rules. It is a helpful tool for first time bettors or for those looking to reacquaint themselves with the sport. Additionally, professional gamblers who may be used to other procedures on lesser websites will want to read through the tutorial to familiarize themselves with the individual nuances of online horse wagering through this premiere site.

The simplest ways to wager are with straight bets, or straight wagers. These are classified as Win, Place, or Show. Win is just that, a first place finish by the horse of your choice. Place is a second place finish, and Show is a third place finish by your chosen thoroughbred. These wagers have straight odds and usually pay out full odds per bet.

All remaining wagers are classified under the category of exotic bets. These bets are more complicated, with combinations of races and finishes used to place multiple wagers. However, they can also more lucrative, as a general rule, if you bet correctly. These include Trifectas, Superfectas, Exactas, Quinellas, and others.

Further, exotic bets can include boxes, keys, and wheels. A box basically covers all possible combinations of a group of horse in the same race. It consists of a multiple wager in which any of your number of horses could finish in order of first, second, and third place. A key involves making a multiple wager on a single horse in one race, along with all possible combinations of other chosen horses in that race. Finally, a wheel is a multiple wager bet that covers all horses in one race against a bet involving two or more races. A daily double is an example of this sort of bet. Sign up at VIPhorses today!