Straight Bets
Win: The simplest 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 will collect on your bet. The chances listed for its horses around the toteboard are the win chances for each horse. For instance, if a horse displays’5′ on the toteboard, if you wager him to Win for $2, you will receive back $12 (5 times $2 and your original $2 bet). This $2 payoff of $12 would also be revealed on the result payoffs under the Win column (1st column) for the horse once the race is recorded.
Place: Much like the win wager, a Place bet on a horse is a bet that the horse will finish in first or second. If the horse will end in a few of the top two areas, you may collect the total shown in the Position column (2nd column) for that horse on the result payoffs for each $2 you have bet. If you make a Place bet, notice that it does not matter if the horse wins or comes in second, you’ll win the same volume. This bet has less risk than a win wager, but also a smaller reward. If you’re confident the horse will win the race, you will receive a larger return betting the horse to Win.
Show: Another variety of a straight wager, the Show bet is used when you need to bet that a horse will finish in the top 3 positions in the race. For every $2 bet on the horse to Show, you will collect the total shown in the Display column (3rd column) for that horse to the results payoffs. Again, if the horse comes in first or second, you won’t win any more money than if the horse finishes . This really is the safest of those straight stakes but in addition gives the smallest yield. If you are confident the horse will finish better than third, you would get a larger return placing a Win or Place bet.
Combination Straight Bets
Across the Board (Win/Place/Show): This is a combination of the Win, Place, and Show wagers. Should 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 in 2nd, you amass the Place and Show payoffs. If the horse comes in 3rd, you amass on the Show wager only. As this is really 3 stakes joined, a $2 wager”across the board” will cost $6.
Win/Place, Place/Show: These are simply 2 bet combinations of Win/Place and Place/Show, respectively. For a $2 bet, they cost $4.
Exotic Bets: Single Race
Exacta/Perfecta/Exactor: Among the simplest single-race exotic stakes, the Exacta is that the combination of calling the winning horse and the second-place horse, so that. This will cover more than betting both of the horses to win or place. A $2 wager on an Exacta will cover the amount shown for an Exacta bet on the wager payoffs after the race is recorded.
Quinella: Much like the Exacta, but this does not require the bettor to forecast the arrangement of the top two horses. Simply put, the bettor only has to pick the horses which will end in the top two places, but does not need to predict which of those two will actually win the race. Because this is easier to forecast than an Exacta, in addition, it pays less than the Exacta (generally it pays about half of their Exacta payoff).
Trifecta/Triactor: The Trifecta takes the Exacta a step farther. It requires the bettor to pick the horses, in order, that finish in the top 3 rankings in the race. It’s significantly more difficult to predict than an Exacta, and accordingly will pay out much more for a winning bet. A $2 bet on a Trifecta will cover the amount displayed for the Trifecta on the wager payoffs following the race is recorded.
Superfecta: The most difficult of this single-race exotics, the Superfecta, requires the bettor to forecast the first four finishers, in order. Predicting a Superfecta is quite hard and will always require the bettor to take different combinations of horses so there are more odds of winning. The payoff for a Superfecta is generally very high, and is typically displayed on the wager payoffs based on a $1 wager.
Exotic Bets: Multiple Races
Double: A Double is the easiest type of wager that crosses multiple races. It takes the bettor to pick the winner in two consecutive races. Most tracks usually offer an Early Double (Races 1 & 2) and a Late Dual (past two races on the card). There are also tracks that provide Double’s in the center of an account. When there is a Double open to be bet on, there will be a notice of this on the first race (or leg) of the Dual wager. The 2 payoff for a Dual will be displayed on the outcomes for the second leg of the wager.
Pick 3/Pick 4/Pick 6 (Classix): These bets are all similar to the Double wager, only differing in the sum of successive races that a bettor needs to predict the winner. The larger the number, the tougher it is to select, as well as the larger the payoff. For these bets, it’s recommended to take several mixes of horses in each race to raise your likelihood of winning (but this also increases the cost). Many race tracks have one or two available Pick 3’s and/or Pick 4 on an account. Some tracks also provide one Pick 6 per cent. When there’s available Select 3/4/6 to bet on, there will be a notice of it on the very first race (or leg) of this wager. The payoff for these bets will be displayed on the outcomes for the last leg of this bet. For Pick 3s and Select 4s, if nobody gets the required number of races correct, they will normally pay out for individuals who overlooked one less race. By way of example, if nobody called that a Pick 4 correctly, people who had 3 of 4 right will get compensated. Additionally, the payoff outcomes would indicate a payoff for”Pick 4 (3 of 4 right )”. To get a Select 6, typically the track will even give a small payoff to bettors that had 5 of 6 correct. But if nobody had all 6 correct, the majority of the Pick 6 pool will be carried over to the next racing day, making the following Pick 6 pool even larger.
Place Pick All: This bet is similar to a Pick-x wager, except that you need a horse to put (come in 1st or 2nd) in each race, instead of to win. Using a Position Select All bet, you have to pick a place horse in EVERY race on the card (usually 8 or 9 races).
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