1. What A Daily Double In Horse Racing
2. What's A Double Take
3. What On A Mcdonald Daily Double
4. What Does A Daily Double Mean

A running double is similar to a daily double except that the running double generally involves two consecutive races whereas the daily double is any two races as nominated by the tote or bookmaker. Daily Double Grading and Payouts Daily Double. All Daily Double tickets are paid out based on the official race results as published by the host track at which the race was run. Daily Double tickets are automatically refunded if there is a scratch in any of the legs. No consolation payouts will be paid. McDonald's Daily Double is a new Extra Value Menu item and McDouble variant featuring two beef patties, a slice of American cheese, slivered onions, a thick slice of tomato, shredded lettuce, and mayo on a plain toasted hamburger bun. It's not nearly a value as the McDouble as. A daily double requires that you select the first-place finishers in two consecutive races – usually the first two or the last two of the day. If one leg of your wager is a loss, the entire wager is settled as a loss (please refer to the scratch rules to learn more). How do I place a Daily Double? Welcome to A Daily Double. We hope you'll join us as we share our adventures. We love traveling, watching baseball, traveling to watch baseball, crocheting, sewing, family history, and shoes.

The daily double bet is one of the oldest and most popular exotic bets in the world of horse race betting.

This immensely popular bet was first introduced in 1931. Typically, it is available to bettors during the first two or the last two racing events of the day.

When compared with other exoticbets, the daily double bet type is probably the easiest to understand. Also, it the most simplistic to use at the racetrack or while betting online.

So, read on for an in-depth look at the daily double bet in horse racing and find out how it works.

Here, we will also include a list of daily double bet types along with examples. Furthermore, we share how you can calculate your potential payouts after making a daily double bet.

Then we also compare the daily double bet with pick 3 and pick 5 exotic bets, and share a brief history. Finally, we answer a couple of frequently asked questions surrounding the daily double wager.

Once you’ve read through our comprehensive article, you’ll have the confidence to place a daily double bet like a bona fide professional.

What is a daily double in horse racing?

In horse racing, a daily double is an exotic bet that requires you to select a winner from two consecutive racing events on the same day.

Initially, the daily double bet was exclusively offered on the first two races of the day. Nowadays, most racetracks around the world provide a daily double bet on the last two races of the day to make it more exciting for bettors and ensure they remain at the track until the end.

You will also come across several racetracks that provide rolling daily double bet opportunities that are available throughout the day.

However, the early daily double bet remains the most popular among horse racing enthusiasts. Most bettors enjoy the early one because it gives bettors an early profit margin and extends their betting opportunities for the rest of the day.

Another reason why the daily double bet is so popular is it comes with a variety of bet types to make it more appealing. In some cases, it is more challenging for bettors.

Now that you understand the fundamentals of a daily double bet, let’s take a look at the wagering types.

Types of daily double bets

There are four daily double bet types that you can use on race day:

• Early daily double
• Late daily double
• Running daily double
• Multiple daily double

Don’t panic, though. Here’s an explanation of each of these bet types, along with an example.

Early daily double

An early daily double bet is a wager on the first two races of the day.

It requires you to select the winners of two consecutive races. You will need to get both predictions correct to be a winner.

Example: Let’s say you select horse No. 3 for the first leg and horse No. 8 for the second leg. The cost of your early daily double ticket will be $2, and it will look like this: $2 Daily Double (3-8).

Late daily double

A late daily double bet is a wager on the final two races of the day. It requires you to select two winners from two successive races. You must correctly predict the winners in both races to receive a payout.

Example: Let’s say you select horse No. 7 to win the first leg and horse No. 1 to win the second leg of the last two races of the day. The cost of a late daily double ticket will be $2 and will look like this: $2 Daily Double (7-1).

Running daily double

A running daily double bet starts from the first race and includes all the races until the end. For instance, when you an event with 10 races, the running daily double will consist of races 1-2, races 2-3, races 3-4, races 4-5, races 5-6, races 6-7 and so on.

Example: Let’s say you pick races 4-5 and select horse No. 9 in the first leg (fourth race) and horse No. 2 in the second leg (fifth race). The cost of a running daily double bet is $2, and your ticket should look like this: $2 Running Daily Double (9-2).

Multiple daily double

A multiple daily double bet is the same as the above-mentioned daily double bet types; however, you can make more than one selection on both the first and second legs to increase your chances of winning.

What A Daily Double In Horse Racing

For instance, instead of only making one selection in the first leg and one pick in the second, you can make four selections on the first leg and five choices on the second leg.

Example: Let’s say you select horses Nos. 3 and 12 in the first leg and horses Nos. 1, 4, 6, 8 and 12 in the second leg. This daily double selection will cost you $20, and your ticket will look like this: $20 Multiple Daily Double Bet (3-12 First Leg, 1-4-6-8-12 Second Leg).

How to calculate daily double payouts

If you are interested in calculating the potential payouts of a daily double bet, there are several online bet calculators you can use for free.

However, if you want to calculate your potential payouts manually, you will need the following info to determine your potential earnings:

• The total number of bettors.
• The total number of tickets sold in the betting pool.
• The amount that the house will take from the betting pool to calculate your potential returns.

Let’s include a simplified example of how to calculate a daily double bet:

• A 1,000 daily double tickets are sold at $2 each.
• The betting pool has $2,000 in prize money ($2 x 1,000 tickets sold).
• One hundred bettors have winning tickets from the two consecutive races.
• Each winner will receive $20 as a payout. ($2,000/100 winners).

Keep in mind that we did not deduct the house percentage it takes from the betting pool before each winner receives their payout. The house percentage is usually between 10% and 15%, which you will need to include in your calculation.

Daily double vs. pick 3 and pick 5 bets

When you compare a daily double bet with the likes of a pick 3 exotic bet, or even a pick 5, you will find that a daily double is the most simplistic of the bunch.

A daily double only requires that you select the winners from two consecutive horse racing events.

However, with a pick 3, you will need to predict the winners from three consecutive horse racing events.

And, with a pick 5, it will require that you select the winners from five consecutive horse racing events.

The more selections you need to make on a single ticket, the more you stand to win because the chance of getting each selection right becomes nearly impossible.

It’s for this reason that a daily double bet offers less attractive odds than a pick 3 or pick 5. The selection process is easier over two consecutive races as opposed to three or five successive races.

Origins of the daily double bet

The popular daily double bet is regarded as the first exotic wager ever to be made available at horse racetracks throughout NorthAmerica.

The daily double bet was first introduced at the Connaught Park Racetrack in Ottawa in 1931. It was initially only offered on the first two racing events of each day to ensure spectators arrived early for race day.

It was immensely popular in NewYork, drawing in more than $500,000 during the lunch hour compared with the late daily double that only managed to draw in $200,000.

The daily double worked, hand in hand, with the pari-mutuel betting system. It produced higher payouts when compared to the show, place or win bets. The daily double was the only exotic bet that was available at horse racing events for many years before the exacta exotic bet made its way onto racecards.

Once computer technology burst onto the scene, we began to see more exotic bets, including the pick 6, superfecta and trifecta exotic bets.

In fact, both the pick 4 and pick 3 bets derived from the popular daily double wager. Some racetracks in North America play a daily double song before playing the nationalanthem.

FAQ

How much is a daily double bet?

A daily double wager comes with a variety of minimum bet amounts, depending on where you place your bets. The standard wager amount for a daily double bet is around $1.

However, you will also come across several racetracks that require a minimum of $2 for each daily double bet, so do check first.

Can you box a daily double bet?

No, you cannot make a daily double box bet online or next to the racetrack.

Box bets allow you to select multiple horses to finish in multiple positions. With a daily double wager, you are unable to select multiple horses to finish in different positions, as there’s only one position available in a daily double bet: the winner.

How much do you win on a daily double?

The bigger the betting pool, the more you stand to win.

However, since a daily double bet is part of the pari-mutuel betting system, it’s nearly impossible to predict how much you may win without knowing several aspects of your wager.

For instance, you will need to know the value of all tickets sold in the betting pool and how many bettors made the daily double bet.

What is the difference between a daily double and a pick 6 bet?

The biggest difference between a daily double and a pick 6 is the number of selections.

For instance, with a daily double bet, you only need to select the winner for two consecutive races, while a pick 6 bet requires you to choose six winners over six consecutive races.

The odds of a pick 6 bet are more attractive; however, it’s also much more difficult to get right.

What did the daily double payout at the Belmont Stakes?

The biggest daily double payout during the 2019 BelmontStakes occurred in race 10 when a $2 Daily Double ticket fetched a rewarding $41.50 payout.

What is a Daily Double Bet?

Daily double betting requires you to pick the winners of two consecutive races. Traditionally offered on the first two races on a card at most racetracks, the daily double is also offered by some tracks on the final two races of the day. Some tracks even offer rolling doubles, which means you can bet the daily double on any two consecutive races throughout the card.

A $2 daily double of 2-3 on the first two races would require that horse 2 win the first race and horse 3 win the second race in order for you to cash a ticket. Many tracks also offer the daily double as a $1 minimum wager, allowing bettors to play $1 double wheels. For example, a $1 daily double wheel of 1 with 4,5,6 would cost $3 and would require that horse 1 win the first race, and any of horses 4,5,6 win the second race. Because this bet is a $1 wheel, rather than a full $2 daily double wager, you would only collect half the listed $2 daily double payout if it came in.

Daily Double Takeout Value

Like other multi-race wagers, the daily double has its own separate wagering pool, subjecting bettors to only one pari-mutuel takeout rather than the two separate takeouts that would be applied if you bet each horse to win in each race. This is the main reason why the daily double usually pays more than a win parlay would return on the same two horses.

For example, if you bet a horse to win the first race, your win bet is subject to a track takeout of anywhere between 14-20 percent. When you bet a horse to win the second race, your wager is again subject to the same takeout of 14-20 percent. This basically means that your two bets are taxed at a rate of 28-40 percent in total. Contrast this to betting the daily double on a single ticket and being taxed on the bet only once at a rate of between 17-25 percent. Obviously, the daily double is a better wager if you have two solid selections.

Other Reason to Like This Wager

What's A Double Take

There are a variety of additional reasons that make the daily double a good bet. It is the oldest of the exotic wagers, having been introduced at Connaught Park in Canada in 1930; thus, it has a loyal following among both casual bettors and horsemen. And because of its longevity and simplicity, it has been passed from one generation of bettors and horsemen to another.

In its early days, before probable daily double payouts were displayed on electronic tote boards, horsemen loved to use the double to bet their horses – simply because it allowed them to hide their intentions from the betting public. If the public saw a big win bet on a horse before a race, they would jump all over it, but with the daily double, horsemen could wheel their horses with a number of others in the next race without alerting the public as to what was going on. If their horse won the first leg of the daily double they were almost certain to cash tickets, and big tickets if they’d kept their horses and their daily double bets quiet.

In those days some tracks required you to bet the daily double anywhere from 15-60 minutes before the first race ran, making it difficult if not impossible to spot the inside money. But even now, with the probable daily double payouts available on the tote board, overlays still exist in the daily double pools, and both bettors and horsemen still love the bet.

Both old and new money is always flowing into the daily double betting pools, and this is especially true in the case of the early double, which bettors like to use to get the day off to a winning start. So you’re almost always guaranteed a decent betting pool.

Daily Double Betting Strategy

Many bettors like to “get” the early daily double so they can have extra cash to play with for the remainder of the card. They also like to hedge their bets, meaning they will often play multiple horses with multiple other horses including the favorites in a $1 daily double wheel. For example, they might play a $1 double wheel 4,5,6 WITH 2,3,4, which includes nine possible $1 combinations at the cost of $9. If the two favorites come in, there is an excellent chance that they will lose money on their bet or barely break even.

Basically, by playing multiple combinations including the favorites in the double, the bettor is lowering their rate of return and losing the very edge the single daily double takeout would have given them. Of course, if you are absolutely certain the favorites will finish out of the money in both legs of the daily double, a wheel play might be justified. Or, if you can find a value play in one leg of the double, you can wheel it with a number of other horses in the other leg of the double – just like the sharp horsemen used to do – and still do!

One thing to keep in mind when playing the early daily double - the first two races at most tracks on any given day are often for the worst horses – making the races extremely tough and possibly impossible to handicap. This does not stop casual bettors from pouring in money on daily double wheels using the three favorites in each leg just so they can have it – which is to your advantage. All that extra money lying around in the pool you - and some of these favorites have no chance of winning.

As in all horse betting situations, the key to betting the double is to find value plays and combine them with each other and in some cases with the favorite. For example, if you like a horse in the first leg of the daily double that is listed at 10-1, and you have determined its chances of winning to be more like 3-1, you may have found yourself a great play in the double. If you think the favorite is solid in the second leg, a straight daily double ticket will pay handsomely. If you think the favorite might be beatable in the second leg, you can wheel your horse with a few others and still come out ahead.

The main thing to understand is that if you wheel multiple favorites with multiple favorites in the daily double, you will cash more tickets but lose more money than if you were to concentrate on finding value and beating the favorites in at least one leg of the double. If you can’t find value – if the favorites don’t look beatable or reliable – pass the early double. You can always wait for the late double when bettors who have lost money on the early double and throughout the card come swinging for the fences with crazy multiple wheels looking to make up their losses.

The lazy crazy wheel betting in the late double creates inefficiencies in the betting pools that can work to your advantage even if the favorite wins one of the legs of the double. Because numerous combinations in the late double are bet with a “get out for the day” attitude instead of by probability, you can find value even in the shorter priced horses. Add this to the fact that the first leg of the late double at many tracks is often one of the higher class races of the day, making it easier to handicap and allowing you to spot real value that will perform to expectations.

As with other exotic wagering strategies, betting the daily double works best if you find the value plays and stick with them – limiting you wheels to solid combinations. You will cash fewer tickets with this daily double betting strategy, but assuming your handicapping skills are sound – you will make more money.

And that’s the idea, right?

What On A Mcdonald Daily Double

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What Does A Daily Double Mean

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