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For over 6,000 years people have been placing wagers on horses and their riders. The sport has changed considerably since those times, become formalized and those new to the current incarnation of horse racing might find some of the betting options a little daunting to begin with, especially if you hope to venture beyond the basic types of bet like a straight win or place. Even though Trebles sound relatively easy compared to bets likes the Super Yankee and Goliath, and they are, there are quite a few things to consider before taking one on. That is, unless you’re happy to part with your stake.

Free Racing Tips Of course, you don't have know much about the horses, track, different kinds of bet and odds to actually have a good time at the races. Many who are not avid punters flock to the racecourse to experience the sense of occasion and perhaps place a token wager on a horse or two. Before you get to bets like Trebles and Doubles, there are very basic options which are fairly self-explanatory and require little more than a cursory knowledge of how it all works.

It's easy enough to grasp the concept of a 'win' and anyone can select a horse which has been chosen as the favourite and back it to win the race. One of first things to think about here is that the favourites will have worse odds, meaning the dividends are often not worth a nominal sum wagered.

Another point worth considering, one which influences many serious punters in a variety of ways, is that your horse has to come first.

The chance that your horse, especially if it is a favourite, will come in the top four is much greater than it will win, thus backing it to ‘place’ is a much safer bet, but the profits will be reduced proportionally.

Once you have a basic grasp of the nature of betting on a 'win' or a 'place', it's fair to begin thinking about bets like Doubles and Trebles. But with these kinds of bets, and all which develop from them, it is generally accepted that it makes no sense to take them unless you can make an educated guess about the outcome of more than one race.

Herein lies much of the art of the passionate punter. While there are certain to be some who have other reasons for taking on big bets, conventional wisdom suggests that you need to have a fair amount of information at your disposal before guessing at the outcome of more than one race. For one thing, the nature of doubles and accumulator bets is that you lose your stake if one of the races fails to meet with your prediction.
Trebles, inside rail

While you certainly don't have to know as much when taking either Doubles or Trebles as you would when hitting the likes of the Yankee or Super Yankee, it helps to know about the horses, track, jockeys and trainers. A horse or jockey may have a good record over short distances, but have a record of coping poorly with middle of staying distances; and the history of the horse coupled with a knowledge of the quirks of the track can prove invaluable when trying to predict the outcome of the race. This is called 'handicapping', the attempt to predict winner based on quality information.

Trebles, winner For all bets which rely on picking horses from more than one race, handicapping is considered the only real way to stand a chance of winning. Even though Doubles and the like require the bettor to make an informed decision, there is still another whole side to the art of being a good bettor. Once you feel you have enough information to place a bet with a chance, there comes the other side of the game, the many types of bet and the different ways to make the odds work for you.

If you bet at the tote, for example, it is a system by which the odds change right up until the start of the race.

The tote offers a pooled betting pot which essentially means that the sum of all the bets for a race are split among the winning tickets, minus a percentage for the tote.

Many prefer the tote to the bookmakers, but it's with the bookmakers that the serious punters can take all kind of comprehensive bets and know what the odds are when they take them, since, in standard betting with a bookmaker, you get the odds as they stand at the time of taking the bet.

Fortunately for those who haven’t yet ventured into the complexities of bets like the Goliath or even a basic accumulator, Doubles and Trebles are not quite as complex. Doubles can be placed on two separate horses in two separate races. Although you can, you don't have to select the horses to win, you can select an 'each way' bet, in which the horses can come anywhere from first to fourth, but a first will pay greater dividends.

The idea behind the Double is that is your first horse comes in, then the odds, whatever they were, are multiplied and carried onto your second race. At any stage, if your horse doesn’t come in you lose the bet. In this idea is just a little of why punters take so long to forecast entire races, and place bets like the Yankee. The chances of predicting the outcome of more than once race decreases exponentially, but if you get it right, the pay out can be phenomenal.