Understanding Horse Racing Daily Doubles
Sometimes just picking one winner isn’t enough fun: so why not try to pick two in a row with the horse racing daily double bet? There are usually what’s called “rolling Doubles” during the day, meaning there will be one for races 1 and 2 and a different pool for races 2 and 3 (and so on). This type of parlay can be a great way to spend watching races.
What is a Daily Double bet in horse racing?
You win if you correctly select the winners of two consecutive races. It’s not easy to hit a Daily Double bet, but it can be very lucrative!
What is the minimum stake on a Daily Double bet?
The minimum stake is usually $2 for a Daily Double bet. Some tracks like Keeneland have a $.50 minimum and online Daily Double bets have the same minimum stake as betting Daily Doubles at the track.
How much can I win on a Daily Double bet?
Winnings on a daily double bet in horse racing are unlimited and are determined by the pari-mutuel system where all the winning tickets share the pool of money collected (less the money the track takes as commission).
For example, had you placed a $2 minimum bet and correctly picked the winners in two consecutive races at Saratoga on the day of the Woodward…
We know Shaman Ghost now as the winner of the Santa Anita Handicap and the runner-up in the Pegasus World Cup. But in 2016, he defeated heavy favorite Frosted, and picking the Daily Double with him and the winner of the preceding race paid $72.50!
Can I pick more than one horse to win in a Daily Double bet?
Yes! It will increase the price of the ticket, but you can select as many horses in a single “leg” (race) as you wish: you can even ALL and take the entire field.