For all horse race players, whether or not they are physically present on the race tracks during the actual races, the main purpose of putting out a wager is to win some money. It would seem very odd indeed if a player shells out a couple of bucks with no intent of winning or breaking-even with each bet. In order to understand fully what a combination bet is, we need to understand some basic terminology of horse race wagering systems. First of all, bets are made after some form of “research.” Impulsive bets are always considered as padding for bookies’ wallets since very little of them seem to hit any mark.

For seasoned players, the thrill of the game includes beating the “oddsmakers.” “Odds makers” is a very broad term that can also mean “odds Compilers,” or “The House” or any entity that sets the betting odds against each racing horse at each race. In order to do beat these so-called oddsmakers, some players take time to really go through each competing horse’s background and history. Some develop betting systems of their own, weighing options upon options to score a steady amount of money for each wager. Seasoned players usually opt for small wins on small bets rather than staking a huge amount of money with a single bet, hoping that the pay-offs will be equally huge. Although winning the entire Jackpot money on a single ticket is a collective dream for all horse race players, this is a rare enough occurence, and one that is not really profitable.

When betting, a player needs to state what type of bet he would like to place, the amount of money that he would like to wager, and of course his horse pick and in what race his horse pick is running in. There are, of course, many types of bets like straight bets, place bets, show bets, etc. Combination bets is choosing two to four horses at one time, in one race, under one betting ticket, to win in a particular order. Combination bets are often used interchangeably with the term multiple bets, although for some seasoned players, there are marked differences between the two.

In any case, an example of a combination bet goes: horse #2 to place, horse #4 and 5 to show, and horse #3 on the nose. That’s basically four horses under one betting ticket and under one wager. An accumulator or parlay is also a form of multiple betting. The thing that differentiates this from the earlier mentioned combination bet is that a selection of horses can be made in a series of two or more races.

Combination bets can be made through bookies that are often found physically present during the actual races; or if the player prefers, wagers can be place on online betting websites.

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