Please
note that these are typical racing wager types. Be sure to check the bet types
and rules of your sportsbook.
Straight Wagers
Show - This is the easiest bet to cash at any parimutuel facility.
The horse you bet needs only to finish in the first, second or
third position in the official order of finish. (there
is usually a minimum wager)
Place - Only a slight degree more difficult to cash than show because
your horse must finish in the first or second position in the
official order of finish. (there
is usually a minimum wager).
Win - Although still a wager that requires only interested
beginner's talent to cash, this is the position that all
entrants in the race are shooting for, therefore, much more
difficult than the above two types of bets. (there
is usually a minimum wager)
Exotic Wagers
Exacta - When
playing the EXACTA, you are asked to select the first and second
place finishers in their exact order. There
is a $2 minimum bet.
Quinella - To
win you must pick the first two horses to finish in either order
in a single
race. (Easier than an Exacta, because either horse can finish
first or second.) There
is usually a minimum bet.
How
to Play the Exacta
Select
your race. Than begin selecting the horses you think will finish
first and second, in exact order. (e.g.
you can select the number one horse as your top selection and
the number three horse as your pick for second.)
Put in
your wager amount and click finalize.
If
the official order of finish is one and three, you are a winner!
Exacta
Box
If
chosen for a $2 EXACTA box on one and three, you then receive a
ticket with the combinations of both 1-3 and 3-1. If your top
two picks finish first and second, in either order, YOU ARE A
WINNER. It costs $4 for a two-horse box, $12 for a three-horse
box and $24 to box four horses.
Exacta
Wheels
If
you happen to like a particular horse to finish in either first
or second place, you can wheel that horse and receive a ticket
giving you that horse, in either first or second place, with all
the other horses in the race.
You
can also make a partial wheel using a certain number of horses
in either first or second.
Trifecta
When
playing the TRIFECTA you must select the horses you think will
finish first, second and third, in that order, in the TRIFECTA
races. There is a minimum $2 straight bet on the TRIFECTA.
How
to Play the Trifecta
Let's
say you have selected the number one horse to win, the three for
second and the six for third place. If the exact order of finish
in the race is 1-3-6, you win!
Boxing
the Trifecta
If
you decide to "box" three horses in the TRIFECTA, will
win if the three picks finish first, second and third, in any
order.
It
costs $12 to box three horses in the TRIFECTA.
EXAMPLE:
$2 KEY HORSE WHEEL PRICES
KEY HORSE with three horses for second and third - $12.
KEY HORSE with four horses for second and third - $24.
KEY HORSE with five horses for second and third - $40.
Daily
Double
The
DAILY DOUBLE is the oldest form of multiple wager in racing. The
players must correctly select the winners of two consecutive
races on a single ticket.
Wheeling
the Daily Double
If
a handicapper really likes one horse in either half of the DAILY
DOUBLE, they may wish to "wheel" their top selection.
If
you want the three horse in the first half with all starters in
the second half or a "$2 Daily Double Wheel on all and
three" if your top choice is in the second half of the
DAILY DOUBLE.
Superfecta
The
SUPERFECTA wager is similar to the TRIFECTA.
When playing the SUPERFECTA you think will finish first, second,
third and fourth, in that order, in the SUPERFECTA races. There
is a minimum $2 straight bet on the SUPERFECTA.
How
to Play the Superfecta
Let's
say you have selected the number one horse to win, the three for
second, the six for third, and the five for fourth place. If the
the exact order of finish in the race is 1-3-6-5, you win!
Pick
3/Daily Triple
When
playing the Pick 3, you must select the winners of three
consecutive races. The minimum wager is $2 which would include a
single horse in each of the three races.
How
To Bet Horses - Additional
Information
Approximate
Payoff For A $2 Win Ticket
|
Odds
|
Pays
|
Odds
|
Pays
|
Odds
|
Pays
|
|
1-9
|
$2.20
|
6-5
|
$4.40
|
3-1
|
$8.00
|
|
1-5
|
$2.40
|
7-5
|
$4.80
|
7-2
|
$9.00
|
|
2-5
|
$2.80
|
3-2
|
$5.00
|
4-1
|
$10.00
|
|
1-2
|
$3.00
|
8-5
|
$5.20
|
9-2
|
$11.00
|
|
3-5
|
$3.20
|
9-5
|
$5.60
|
5-1
|
$12.00
|
|
4-5
|
$3.60
|
2-1
|
$6.00
|
6-1
|
$14.00
|
|
1-1
|
$4.00
|
5-2
|
$7.00
|
7-1
|
$16.00
|
Cost
For Multiple Horse Boxes
If
you wish to box 3 or more horses in an Exacta or Big
Triple here's what it would cost:
|
Number
Horses
|
Exacta
|
Big
Triple
|
|
3
horses
|
$12.00
|
$12.00
|
|
4
horses
|
$24.00
|
$48.00
|
|
5
horses
|
$40.00
|
$120.00
|
|
6
horses
|
$60.00
|
$240.00
|
|
7
horses
|
$84.00
|
$420.00
|
|
8
horses
|
$112.00
|
$672.00
|
|