Straight Bets
Win: The easiest bet you can make on a horse race. A Win bet is an effort to forecast the horse that can win the race. If the horse wins, you may collect in your bet. The chances listed for the horses around the toteboard are the Win odds for each horse. For instance, if a horse shows’5′ about the toteboard, if you wager him to Win for $2, you will receive back $12 (5 times $2 plus your original $2 bet). This $2 payoff of $12 would also be shown on the outcome payoffs below the Win column (1st pillar ) for the horse when the race is recorded.
Place: Similar to the Win bet, a Place bet on a horse is a bet that the horse will finish in second or first. If the horse does finish at one of the top two areas, you will collect the amount shown in the Position column (2nd column) for that horse on the outcome payoffs for every $2 you have bet. If you make a Place bet, notice that it does not matter whether the horse wins or comes in second, you will win the same volume. This bet has less risk than a win wager, but also a smaller payoff. If you are certain the horse will win the race, then you’ll be given a larger return betting the horse to Win.
Show: Another variety of a straight wager, the Display bet is used if you need to bet that a horse will finish in the top 3 rankings from the race. For each $2 bet on the horse to Display, you may collect the amount shown in the Show column (3rd column) for that horse on the results payoffs. Again, if the horse comes in first or second, you will not win any more money than if the horse finishes . This is the safest of those right stakes but also gives the smallest return. If you’re convinced the horse will finish better than third, you would get a larger return putting a win or Place bet.
Combination Straight Bets
Across the Board (Win/Place/Show): This is a mixture of the Win, Place, and Show wagers. If you bet a horse”across the board” you are effectively betting him to Win, Place, and Show. If the horse wins, you collect all 3 stakes. If the horse comes from 2nd, you amass the Place and Show payoffs. If the horse comes in 3rd, you collect on the Show wager only. Since this is really 3 stakes joined, a $2 wager”across the board” will probably cost $6.
Win/Place, Place/Show: All these are only 2 bet mixtures of Win/Place and Place/Show, respectively. To get a $2 bet, they cost $4.
Exotic Bets: Single Race
Exacta/Perfecta/Exactor: One of the easiest single-race exotic bets, the Exacta is that the combo of calling the winning horse and the second-place horse, in order. This will cover more than gambling either of the horses to win or place. A $2 wager in an Exacta will pay out the amount shown for an Exacta bet on the bet payoffs following the race is recorded.
Quinella: Similar to the Exacta, but this doesn’t demand the bettor to forecast the order of the best two horses. In other words, the bettor only has to pick the horses that will finish in the top two areas, but doesn’t have to predict which of these two will really win the race. Because this is simpler to forecast than an Exacta, it also pays less than the Exacta (typically it pays about half of their Exacta payoff).
Trifecta/Triactor: The Trifecta takes the Exacta a step further. It requires the bettor to select the horses, in sequence, that end in the top 3 rankings from the race. It is significantly more difficult to predict than an Exacta, and so will pay out more for a winning wager. A $2 bet on a Trifecta will cover the amount shown for the Trifecta on the wager payoffs following the race is official.
Superfecta: The most difficult of the single-race exotics, the Superfecta, requires the bettor to predict that the first four finishers, in order. Predicting a Superfecta is quite difficult and will always require the bettor to take different combinations of horses in order there are more odds of winning. The payoff for a Superfecta is generally quite high, and is generally shown on the bet payoffs based on a $1 wager.
Exotic Bets: Multiple Races
Double: A Double is the simplest form of wager that crosses multiple races. It takes the bettor to select the winner in two successive races. Most tracks usually offer an Early Double (Races 1 & 2) plus a Late Dual (past two races on the card). There are also tracks that provide Double’s in the center of an account. If there is a Double available to be bet , there will be a note of this on the first race (or leg) of this Dual wager. The $2 payoff for a Double will be shown on the outcomes for the second leg of this wager.
Pick 3/Pick 4/Pick 6 (Classix): These stakes are all similar to the Double bet, only differing in the sum of consecutive races that a bettor needs to forecast the winner. The larger the number, the tougher it is to pick, in addition to the greater the payoff. For these stakes, it is recommended to take several mixes of horses in each race to raise your likelihood of winning (although this also increases the cost). Many race tracks have one or two available Pick 3’s and/or Pick 4’s on a card. Some tracks also provide one Pick 6 per card. If there is available Select 3/4/6 to bet on, there’ll be a notice of it on the very first race (or leg) of this wager. The payoff for one of these bets will be shown on the outcomes for the previous leg of this bet. For Select 3s and Select 4s, if no one gets the necessary number of races correct, they will typically cover for individuals who overlooked one less race. For example, if nobody predicted a Pick 4 correctly, people who had 3 of 4 right will get compensated. Additionally, the payoff outcomes would signal a payoff for”Pick 4 (3 of 4 correct)”. To get a Select 6, typically the track will also give a small payoff to bettors who had 5 of 6 right. However, if nobody had all 6 right, the majority of the Pick 6 pool is going to likely be carried on to the next racing day, making the following Pick 6 pool larger.
Place Select All: This bet is similar to a Pick-x bet, except you need a horse to place (come in 1st or 2nd) in each race, rather than to win. With a Position Select All bet, you must select a location horse at EVERY race onto the card (generally 8 or 9 races).
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