Horse racing is a popular sport all over the world and has been for centuries. Betting on horse races has been a part of the sport for just as long. One of the most popular forms of betting in horse racing is the First 4 bet. Here we will explain what this bet is and how to place a First 4 bet.
What is a First 4 Bet?
A First 4 bet is a type of wager on a horse race that requires the bettor to select the first four finishers in exact order of their finish. The bet is usually placed on a win, place or show race, depending on the track and betting rules. If the bettor is able to correctly predict the first four finishers in exact order, then they will be paid out a predetermined amount of money.
How to Place a First 4 Bet
Placing a First 4 bet is quite simple. The bettor will first need to select the horses that they believe will finish first, second, third, and fourth in the race. The horses must be selected in the exact order of their finish. The bettor can then place the bet at the race track or through an online betting site. Once the bet is placed, the bettor will need to wait for the race to finish and the results to be declared.
The Payouts
The amount of money that is paid out when a First 4 bet is successful will depend on the odds of the horses selected. If the odds of the horses chosen are low, then the payout will be relatively low. If the odds of the horses chosen are high, then the payout will be relatively high.
The odds of each horse can be found on the race card at the track or on the betting website. The odds will usually be in the form of a decimal, such as 3.00 or 4.50. The higher the decimal, the higher the odds and the potential payout.
What are the Risks?
There is always a risk associated with any type of betting. First 4 betting is no different. There is always the possibility that the horses chosen will not finish in the exact order predicted. If this happens, then the bettor will not be paid out any money.
It is also important to remember that the odds of each horse can change throughout the course of the race. This means that the potential payout can also change throughout the course of the race. It is important to pay attention to the odds while the race is taking place in order to maximize the potential of the bet.
In Summary
A First 4 bet is a type of wager on a horse race that requires the bettor to select the first four finishers in exact order of their finish. The bet can be placed at the track or through online betting sites. The amount of money that is paid out when the bet is successful will depend on the odds of the horses chosen. There is always a risk associated with any type of betting and it is important to pay attention to the odds throughout the course of the race.