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Horse Race Betting

Introduction & Pari-Mutuel Betting  Betting Options  Placing a Bet at the Track  Payoff Calculations  The Track Cut

 

 Horse Racing Betting Explained

 

Betting Options

Win: This is that most basic bet that the chosen horse will finish in first place.

Place: This is a bet that the chosen horse will finish first or second.

Show: This is a bet that the chosen horse will finish first, second, or third.

Daily Double: This is a bet on the first place position in two consecutive races, generally the first two of the day.  The bettor must correctly pick both races to win.

Daily Triple/Pick Three: This is a bet on the first place position in three consecutive races.

Pick Six: This is a bet on the first place position of six consecutive races, generally the last six.  In the event nobody wins, the winning pool is split between those correctly picking five (or less if nobody picked five) and a carryover to the next pick six pool.

Exacta: This bet is on the first and second place horses in a given race in the correct order.

Quinella: This is a bet is on the first and second place horse in a given race in any order.

Trifecta: This bet is on the first, second, and third places in a given race in the correct order.

Twin Trifecta: This is a pair of trifecta bets on two races.  The winning pool is split between winners of the first trifecta and winners of both of them.  After the first race, winners of that trifecta should redeem their tickets for winnings from the first half of the pool and a ticket for the second half.

Superfecta: This bet is on the first, second, third, and fourth places in a given race in the correct order.

Odd/Even: This is an uncommon bet based on the number of the winning horse.

The minimum bet is generally $2 on win, place, and show bets, and $1 on all others.  The player may bet above the minimum but all bets must be an even dollar amount (no change).

 

 

 

 

 

   
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