What is a Key Bet?

A key bet is a type of bet that involves selecting a “key” horse, team, or player to win or place in a race or a game, and linking it with other horses, teams, or players to finish in a specific order. The key bet allows the bettor to reduce the cost and increase the chances of winning a complex bet, such as a trifecta, a superfecta, or a parlay.

For example, if you want to place a trifecta key bet on a horse race, you can choose one horse as your key horse to win the race, and two or more horses to take second and third place in any order. The trifecta key bet is cheaper than the trifecta box bet, which involves selecting three or more horses to finish in the top three positions in any order. The trifecta key bet is also more consistent than the straight trifecta bet, which involves selecting three horses to finish in the exact order.

Get 125% / $2,500 on 1st deposit!
New players only. Exclusive Welcome Bonus of up to $2,500
Casino & Sports

Similarly, if you want to place a parlay key bet on a football game, you can choose one team as your key team to win or cover the spread, and link it with other teams to win or cover the spread in other games. The parlay key bet is cheaper than the regular parlay bet, which involves selecting two or more teams to win or cover the spread in all games. The parlay key bet is also more flexible than the single game bet, which involves selecting one team to win or cover the spread in one game.

The Advantages of Key Bet

A key bet has several advantages for the bettor who wants to make a smart and profitable wager. Some of them are:

  • A key bet can lower the cost of placing a complex bet, since you only need to pay for the combinations that include your key horse, team, or player.
  • A key bet can increase the chances of winning a complex bet, since you only need to predict the outcome of your key horse, team, or player correctly.
  • A key bet can offer a higher payout than placing a simple bet, since you can win multiple combinations that include your key horse, team, or player.
  • A key bet can allow you to hedge your risk and diversify your options, since you can choose different horses, teams, or players to link with your key horse, team, or player.

The Disadvantages of Key Bet

A key bet also has some disadvantages for the bettor who wants to make a fun and exciting wager. Some of them are:

177% up to 5BTC + 77 Free Spins!
New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins
Casino

  • A key bet can still be expensive and risky, especially if you choose many horses, teams, or players to link with your key horse, team, or player.
  • A key bet can still be inconsistent and unpredictable, especially if your key horse, team, or player fails to win or place in the race or the game.
  • A key bet can limit your potential payout and satisfaction, especially if you miss out on a bigger win by choosing only one horse, team, or player as your key horse, team, or player.
  • A key bet can require more research and analysis, especially if you want to find value and edge in choosing your key horse, team, or player.

To Sum Up

A key bet is a type of bet that involves selecting a “key” horse, team, or player to win or place in a race or a game, and linking it with other horses, teams, or players to finish in a specific order. A key bet can lower the cost and increase the chances of winning a complex bet, such as a trifecta, a superfecta, or a parlay. A key bet can also offer a higher payout and allow you to hedge your risk and diversify your options. However, a key bet can also be expensive and risky if you choose many horses, teams, or players to link with your key horse, team,
or player.

A key bet can also be inconsistent and unpredictable if your key horse, team, or player fails to win or place in the race or the game. A key bet can also limit your potential payout and satisfaction if you miss out on a bigger win by choosing only one horse, team, or player as your key horse, team, or player. A key bet can also require more research and analysis if you want to find value and edge in choosing your key horse,
team, or player.