What is a Win Bet

One of the most common and simplest forms of betting in horse racing is called win betting. A win bet is the equivalent of selecting the horse that you think will come first. Whether you are using AustralianBettingSites to find top betting sites or checking the latest odds, win bets are a key part of intelligent punting and long-term profit.

Win bet is the most basic betting option in racing - you are betting on who will win the race. In case your pick wins first, you get your payout according to the odds.

This form of betting is particularly common in horse racing, and is also common in greyhound racing and other sports as well.

• Win and place bet meaning: a win bet is only paid on the runner winning, but a place bet is paid when the runner gets 1st, 2nd or 3rd (depending on field size).
• Tote win vs fixed win. The tote win meaning is dividends that are based on a pool of all bets on a race, less the takeout by the operator. A fixed win is when the odds are locked in at the time of the bet and don’t change.

Punters can now get better odds, newer platforms and special betting bonuses to improve the win betting experience due to the emergence of new betting sites.

Want to boost your success? Try these win betting strategies used by smart punters across Australia via the best betting apps.

1. Specialise in One Sport: By concentrating on an area, such as tennis betting, you will become more informed and thus will be able to study form and see value where others cannot.
2. Use Recent Form and Conditions: Track condition, jockey change and weather are race-day factors to follow. These have effects, particularly in horse racing tips and betting.
3. Bet on Underdogs with Momentum: Do not back favourites in every race. Look at up and coming runners, especially in the less popular events such as greyhound betting, where high payouts may be due.
4. Follow Expert Tips: Using expert tips from racing experts, a bit like expert NRL tips, can also assist in justifying your selection or assisting on how to win bet.
5. Track Historical Performance: Analyse previous matchups, track performances, and horse/jockey combinations. It is important in long format leagues such as AFL tips too.

Win Betting is one of the most exciting forms of punting - particularly during events such as Melbourne Cup tips. You may be making a win bet horse racing pick, or simply making a lucky bet on a Saturday, but knowing how win betting works will give you the best opportunity of winning. Here’s a look at the different bet types vs win bets.