A quinella bet is a bet on the first two horses to finish a race, and if you are lucky enough, you might come out with some money winnings from it.
The word quinella is a form of the English word quin, which means five and the Italian word ellero, which means first. The word was coined by the English bookmakers in the 18th century. They used this word as they needed a new term to describe this type of bet.
The Quinella can be placed in a wide range of horse racing events that are run at different tracks across Australia and through various states. These include:
Quinellas can be placed on any horse race, although there are some races that restrict them for one reason or another. For example, quinellas can be placed in most race meetings and they can also be placed on any horse that races as long as the speed ratings are high enough for it to qualify for betting.
A quinella is a bet that picks two horses that finish in first two places in any event.
In order to bet on the quinella, you must find the combination (or ticket) that has the two horses you think will finish first and second, in that order.
In your betting slip, you write down the horse numbers next to each other and in the numeric field for odds, you put a “1”, which means that you are betting on the quinella along with all winning combinations and you are betting on each horse to win.
If you don’t know what these terms mean, or want to know more about bookmaker lingo, visit our glossary page. The glossary will provide you with detailed information on betting abbreviations and acronyms used by online bookmakers.
The full name of the quinella bet is a two-horse quinella, and it is a widely popular betting option for Australian punters.
Quinella is also referred to as double quinella and this kind of bet is placed by punters who are double sure about two gallopers they think will cross the line in the first two places. A lot of people are confused with the use of word double, but it is actually just a convenient way to express that a quinella bet is a combination of two single bets.
Detailed explanation: What does a quinella bet mean?
The word quinella is derived from an Italian word “quina,” which refers to either winning by one length or being the smallest distance between any two contenders at the end of a race.
And compared to other types of bets, this one is quite simple to understand.
3 Way Quinella
There are a number of online horse racing bookmakers who offer two-way quinellas, but there are none that offer three-way quinellas. Three-way quinellas are similar to the regular quinella, except that it is possible to pick three horses which only need to finish as first, second, or third in any order. This makes it possible to bet on almost every horse in the race and win in a huge payout.
3-Way Quinella Betting – An example of 3-Way Quinella betting:
In the above example, punters could bet on four different combinations which could all win them a payout. The first being the $4.55x payout in 2nd, 3rd or 4th place. The second being the $27x payout in 1st, 2nd or 3rd place and the third being the $67x payout in first place only.