Horse racing betting comes in many forms and guises, and the range of bet types is extraordinary too. You can do a standard single bet where you just try to predict the winner of the race.
Alternatively, you can indulge in exotic wagers which involves betting on two or more horses in a race, whereas a trifecta entails betting on the correct order of the first three finishers. Some bets are more complicated and are more suited to more experienced bettors.