Picking a Daily Double is very simple and one of the easiest ways to bet without all the complications. Pick two winners in back-to-back races and collect the cash. The most common bet offered in this field at Online Racebooks is on the first two races of the day or the final races of the day. But the idea is the same all the way around. If there are two horses that stand out against all others and have a very realistic chance at winning, a Daily Double bet is the best way to make the most possible money. They are dependant on each other, however, so both horses must finish in first place or the money is gone. The best payout for this scenario is when there is a horse with good odds that you think has a very good chance of winning paired with another horse who is a clear-cut favorite in the other race.

The Daily Double is a bet where you try to predict the winner of two consecutive races. The standard wager amount is $1, but there are some tracks that have a $2 minimum wager for this bet. This was the first type of multi-race wager offered by tracks and is offered by almost any horse track in North America. It is most commonly found as a bet during the first two races of a card. A Daily Double provides horse racing bettors with the opportunity of increased winnings compared to normal win, place, and show bets. To win, you must pick the winners of two races in a row that are specified on the program as Daily Double races. The Daily Double Bet is one of the oldest and most enduring bets at the horse track. Players enjoy making this wager, if they have a solid play on the two races involved, because it avoids a large portion of the state takeout on the second bet. Combine this with a dependable betting pool and you have a fan favorite type of horse racing betting. Daily Double – Horse Race Betting Types. The daily double involves picking the winning horse in two consecutive races. All tracks offer the early daily double which involves races #1 and #2. Most tracks also offer a late daily double which is the last two races of the day. The Daily Double is a multi-race, multi-horse bet that requires the bettor to pick the winners of the first two horse races on a single card. Each selection must win its race. There is no consolation prize for getting just one selection right. A separate betting pool is established for the Daily Double.

Like many other combination bets, a Daily Double can be wheeled. This means you pick several horses to win a race instead of just one. This allows a broader possible outcome to pay you back. For instace, if you have a horse that has a terrific chance of winning, clearly the cream of the race, but the other race is a little more cloudy, you might want to wheel it. Take the first horse as your key horse. This means he has to win. Then you wheel it with several other horses in the second race, and if any of those horses win the second race, you win. The track will ask for a larger starting wager if a wheel is played, however, multiplying a start of $2 by the number of horses chosen in the second race. You can wheel the entire second race by taking all 10 horses (in a 10 horse race), making the initial investment $20. Thus, if your first horse wins, you will win the wheel.

There is also the possibility of a Daily Double Partial Wheel, in which you key one horse in the first race and take a limited amount, say five horses, in the second race. Again, this multiplies your starting bet by the number of horses selected in the second race. But, it is smaller than a full wheel and gives you the opportunity to throw out horses that you believe have no chance to win the second race. This only increases your prize, while taking away a small sum of money that would otherwise be at risk.

Best Racebooks For Placing Daily Double Bets

What is a Daily Double and Rolling Daily Double?

Daily Double Horse Racing

The daily double started as a gimmick for tracks to draw bigger crowds to the first two races of the day, and keep fans in attendance for the final two races. The bet is now offered at most racetracks in the form of “rolling daily doubles” and is offered in any consecutive race sequence. The object is simple: to select the winners of two straight races. The bet is appealing to players who prefer multirace wagering and those who find it less messy to handicap winners than decipher which runner might clunk up for second or third. The payouts often range from steady to generous, making the bet a popular staple at North American racetracks.

Daily Double Basics

Picking a single winner can be challenging enough without the additional burden of picking back-to-back winners. For this reason, the “straight double” would usually pose a daunting task for even the most seasoned handicapper. Such a bet would require a player to select just a single horse in say, the fifth race with another single in the sixth race. While this bet could be made for a flat minimum investement of just $2, a player would likely not feel confident in cashing the ticket unless both runners were heavy favorites. There may be times when a straight double would make sense, but the bet is usually played using multiple horses – what is referred to in horse racing as a “double wheel. The term “wheel” simply means using combinations of runners in multiple legs or positions of a wager. Let’s consider further how to create an effective daily double wheel.

Betting the Daily Double as a Wheel

Daily Double Horse Bet

In many instances, a handicapper can confidently identify a standout runner in a single race. Frequently, however, such runners tend to be sent to post an unappealing odds. Instead of tossing the horse based on low returns, or sitting the race out as many bettors are prone to doing, creating value with the standout horse within the context of an exotic wager like the daily double is an effective strategy. In fact, the double is ideal for this type of wagering scenario. Let’s say the 6-horse in race 8 looks like the strongest play of the entire day, but the runner is being sent to post at odds of 3/5. A quick glance at the following race – race 9 – reveals that only three runners in a ten-horse field – the 3, 7 and 9 – appeaer to have a logical chance of winning. By singling the standout 6 horse in the first leg of the double and using the 3,7 and 9 in the next race, a bettor might create value using nothing more than logical opinions. A $2 daily double wheel 6 with 3,7,9 would cost $6. Depending on the horse’s odds in leg 2, the bet would generally pay $15-$20 – a much better investment than betting $6 on that 3/5 shot!

Bet the Daily Double Online!

Daily Double Horse Betting

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* REMINDER! –you must be of legal age in your state or province to legally wager on thoroughbred or harness horse racing. Please bet responsibly!