What Is the Daily Double in Horse Racing?

The Daily Double in horse racing is betting two consecutive races in the race card at a single horse track. Most live horse racing tracks offer the Daily Double on the first two races of the card. However, there are Daily Doubles throughout the card, especially the last two races of the program.

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The minimum bet for the Daily Double is $2.00, but some horse tracks offer $.50 to $1.00 as a special deal. Keeneland Racecourse in Kentucky has a $.50 minimum bet on Daily Doubles both on the live track and online in the horse betting site.

Picking the Daily Double in horse racing is both skill and luck. They can be lucrative if the longshots win both races. Winning the Daily Double is determined by the individual pari-mutuel wager collected by the live track. All off-track facilities and online betting sites add to the total bet. Popular US horse racing tracks on the weekends are the most lucrative daily double bets across the country.

Types of the Daily Double Bet

The first two races of the horse racing card are usually reversed for the Daily Double. Some tracks offer “Rolling Doubles” during the course of the program leading up to the last two races of the daily card.

The original multi-card bet is the Daily Double and the Pick 3, Pick 4, Pick 5 and Pick 6 are extensions for the wager. The daily double bet is the first multi-card exotic wager that a horse racing bettor can place.

What Is the Pick 4 Bet in Horse Racing?

There is a Daily Double Wheel that picks two or more horses to win both races in the daily card. Only one horse can win each race, but the chances are greater if you pick a number of entries to win. However, the Daily Double Wheel can get expensive if you pick the majority of horses to win in each race.

Strategy of the Daily Double Bet

Horse racing bettors can place a winning bet on two consecutive races, but there is a strategy of placing the Daily Double. The daily double bet provides more value if you pick the winners at the same time. The live track offers a separate pool of the Daily Double, and the bet attracts both horse racing fans and expert handicappers to play.

Some horse tracks take out low minimums of the Daily Double as part of the promotion. The daily double bet is one of the most popular horse racing wagers. The low take-out minimums only enhance the bet as a multi-card exotic.

What Is the Pick 6 Bet in Horse Racing?

The strategy of the Daily Double can vary and the individual track odds on the two consecutive races can be different from one horse track to another. The first race might have a clear-cut winner and the next race might be all over the board. The strategy of the daily double bet follows the odds for both races.

Horse bettors can “wheel the race” in the Daily Double in either direction. If you place a $2 wheel on either one of the races, the final wager would be $2 x the number of entries in each race.