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).
Submitted 367 days ago...
Answer 1 / 4
Submitted 367 days ago...
The tote board and the television monitors at the track will display the odds on a win bet for each horse in the next race, as well as each exacta combination. The odds will be refreshed every ten seconds or so to reflect the changes in betting activity. The odds are reported on a "to" basis. For example, if horse 4 is paying 8:5 then a $2 wager would win $3.20, for a total return of $5.20. Unlike sports betting the bettor is not locked into the current odds when he makes a wager. Rather, the odds keep changing until post time.
There is a specific way to make a wager at the betting window. You should state in order: the track (if you don't specify it will be assumed you mean the home track), the race number, wager amount, type of wager, and horse number. There is little tolerance for chit chat or indecision at the betting window. Nobody standing behind you in line wants to risk getting locked out so make your bet as efficiently as possible.
About a minute after the end of the race, the tote board will display the value of winning tickets relative to a $2 wager. For example the board may look like this:
Horse Win Place Show
1st 5 7.00 3.00 2.70
2nd 2 2.40 2.20
3rd 3 3.50
This shows what winning $2 win, place, and show tickets pay. These amounts include the original $2 wager. For example a $2 place bet on horse 5 would pay $3.00 ($1.00 in winnings and $2.00 for the original wager). The tote board will also display what winning exotic bets pay. Sometimes in inquiry occurs after the end of a race resulting in a horse being disqualified. So, wait a few minutes after a race is over before discarding a losing ticket because a disqualification of another horse may cause your horse race bet to move up.
Answer 3 / 4
Submitted 348 days ago...
Answer 4 / 4
Submitted 348 days ago...
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Can i make money legally through placing bets through an british authorized betting service and are there any tax implications for any profits i would make
My dad left me tons of sports stuff him and his brother have saved all of their lives. He was hoping I would make a business to sustain myself from them. Can you make a living trading this stuff?
