Superfecta bet. That's right - you guessed it! four horses to cross finish line in exact order you specify. At www.supabets.com we quite like this one.

Daily Double. Allows you to select winners of first and second races of day, placing your bet before start of very first race. To bet you say something like "$5 daily double on 6 (your pick to win in first race) and 2 (your pick to win in second race)".

Jackpot bet. Like lottery, you pick six winners in six races. Prizes vary, but because odds are so extreme, they tend to be very large.

Accumulator bet. A sequence of bets of your choice, where you 'let it ride'. You bet on multiple races, and winnings are passed along to next bet in sequence. If you get it right, this can multiply up to very large sums quite rapidly, although even one wrong call will mean you lose everything. Not for faint of heart! (tied or cancelled races are simply removed from accumulator).

Future bet. At start of each horse racing season, you will be able to get odds on a horse to win a certain event at some future point which you specify. The odds you get are fixed, so even if they shorten for everyone else as race approaches, you still get original odds you were offered.

In UK, bets are done slightly differently. If you want to place an each way bet, you need to know that with 2 to 4 runners you can't do place betting. With 5 to 7 runners you can bet on 1st and 2nd and will win one quarter odds. With 8 or more runners, you can go all way to show and will win one fifth odds.

To complicate matters, handicap races have different rules - with 12 to 15 runners you can go all way to show at one quarter odds. With 16 or more runners you can bet on 1st, 2nd, 3rd and 4th at one quarter odds. Don't ever be afraid to ask for advice - bookie WANTS you to bet and will explain ant term you don't understand. For more on Yankee bets and other horse racing tips, consult www.supabets.com .

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