{"id":35170,"date":"2023-05-31T16:35:17","date_gmt":"2023-05-31T16:35:17","guid":{"rendered":"https:\/\/www.safebettingsites.com\/?page_id=35170"},"modified":"2023-08-21T13:05:24","modified_gmt":"2023-08-21T13:05:24","slug":"what-is-a-tricast-bet","status":"publish","type":"page","link":"https:\/\/www.safebettingsites.com\/what-is-a-tricast-bet\/","title":{"rendered":"What is a Tricast Bet in Horse Racing? – Tricast Betting Explained"},"content":{"rendered":"

A\u00a0Tricast bet<\/strong>, also known as a\u00a0Trifecta bet<\/strong>, is an exotic wager exclusive to horse racing where you pick three horses to finish first, second and third in a set order in the same race. There are different versions of this too. You can learn all about what is a Tricast bet in horse racing, how the wager works, variations of this type of bet and plenty more besides. Our experts have all the details so you understand it all. Without further ado, get the Tricast bet explained to you below.<\/p>\n

What is a Tricast Bet?<\/h2>\n\"Find\n

Called Trifecta when betting on the Tote, the Tricast is an Exotic wager you can place through pari-mutuel betting pools, which can be accessed from some online bookies<\/a>, for the sport of horse racing. To recap, it involves picking out three horses from the same race and wagering on them to finish first, second and third in a set order.<\/p>\n

This is also called a Straight Tricast bet. As noted above, other variants exist but we’ll deal with those later. You must have the correct finishing order in order to receive a payout or dividend from the Tote on a Trifecta or fixed odds bookmakers with a Tricast.<\/p>\n

How Does a Tricast Bet Work?<\/h2>\n

Now that you know the basics concerning what is a Tricast bet, let’s look at the wager in more detail. Grouped together with Forecasts (or Exactas), Quinellas and Superfectas as Exotic bets available through the Tote and other pool betting services, Trifectas works quite differently to the regular fixed odds bets offered by horse racing betting sites<\/a> in the UK and beyond.<\/p>\n

If you want to know how to put a Tricast bet on, then the first thing to remember is you won’t know the prices beforehand. While the Tote promises to match SP with its standard win betting, Exotic wagers like the Trifecta have their dividends calculated based on the share of market interest other punters have on the individual horses winning and finishing placed in the pool. That can only be done after all Tote bets are taken and the total amount of amount gambled is known.<\/p>\n

You can if you wish, and indeed it’s recommended, to use the regular fixed odds betting market as a guide for the implied probability of runners winning or placing in a race. This is in the absence of being able to take a price on the Tote before. With Tricast betting, simply select the three horses you think will finish first, second and third, and add then specify the order in which you think they’ll come home past the post.<\/p>\n

If you’re right about the first three, then you’ll receive a return, called a dividend from the Tote. Their Tricast bet calculator<\/a> sees them multiply the final odds for a win on the successful horse to the prices for the two placing second and third. They work all this out for you with a Trifecta returned dividend paying plenty more than standard win and place wagers or Forecasts \/ Exactas.<\/p>\n

Pros & Cons of Tricast Betting<\/h2>\n

Whether you use the Tote terminology and refer to it as Trifecta instead, you’re well aware what is a Tricast bet by now. Like all Exotic wagers, there are some advantages and downsides to taking this type of punt. Getting your head around the Tricast bet meaning is one thing, but appreciating the plus side and negatives relating to any form of gambling is important. Here are both sides of the coin with Trifectas:<\/p>\n

\n

\"fa_shield-check\"Pros:<\/strong><\/p>\n

\n