Match play is a betting format used in horse racing where bettors wager on individual horses in a race. The bettor who picks the horse that finishes first in a race is guaranteed a payout, regardless of whether or not any other horses finish within two seconds of that horse.
This betting format is also known as “double odds”. .
Match play is unique in the world of horseracing because it is the only betting format where the payout for first place is guaranteed no matter what. This makes match play a popular form of wagering for casual bettors and professional gamblers alike.
It’s important to note that match play is not available on all races. Match play is typically found only on races with a long track where there are multiple horses running.
The biggest difference between match play and other betting formats is that match play bets are placed on each individual horse and not on the race as a whole. This means that if, for example, you bet $10 on racehorse number six, but racehorse number four finishes first, your $10 would be paid out even though the other horses in the race did not finish.
Another key difference between matchplay and other betting formats is that losers in matchplay bets typically do not receive their original stake back. For example, if you place a $10 bet on horse number six and he finishes second, you would lose your $10 bet but would still receive your original stake back if it was $20.
In contrast, if you placed a $10 bet on the overall race and horse number six finished second, you would lose your entire $10 because there was no winnings for bets placed on individual horses.
