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Horse Race Betting

One of the keys to betting on horse races is understanding just what the different types of bets are and how these bets can help you win.  By knowing and understanding what the different horse race bets are you can begin to set your plan to win.

WIN
A "WIN" bet is just what it sounds like: betting that the horse you pick will win the race. You win if the horse wins.

PLACE
For a horse to "PLACE" it must finish the race either first or second. This bet generally pays less than the win bet but it gives you two chances to win instead of just one.

SHOW
For a horse to "SHOW" it must finish the race either first, second or third. This bet generally pays less than either the win or place bet, but it gives you three chances to get a return for your investment.

ACROSS THE BOARD
This is a quick way to say that I want to bet a horse to finish in any of the first three positions etc. ($2 Across The Board = $2 to win, $2 to place, and $2 to show). If the horse wins you collect all three bets. If the horse finishes 2nd then you collect the place and show bets. If the horse finishes 3rd then you will only collect the show bet.

Quinella
In the Quinella, you must pick the horses that finish first and second. Either one can be first and the other one second. This bet functions exactly the same as the "Exacta Box". Although the Quinella has the same function as the "Exacta Box" the payoff can vary substantially. You must remember that there is no such wager of an exacta box, it is really two separate bets on one ticket. The Quinella wagers are entered into their own pool separate from the exacta pool. Not all tracks offer the Quinella wager, but to the best of my knowledge all tracks accept the term exacta box where ever the exacta wager is offered. If both the Quinella and Exacta wagers are offered it is wise to check the tote board before making a Quinella or Exact Box wager to see which one offers the greater payoff.

Trifecta
With this bet you must pick the first three finishing horses in the order of their finish. In other words, you must pick the horse that wins, the horse that finishes second and the horse that finishes third.

The simplest form of this wager is the Straight Trifecta, which is a single combination of the first three finishers. The minimum bet for a Straight Trifecta is $2. To purchase, simply tell the clerk: "$2 Trifecta on 1-2-3." A Trifecta is not offered in all races at all tracks (refer to the race program).

NOTE: This wager is also called the "Triple" at some tracks.

Trifecta Box
The Trifecta box has a $1 minimum bet per combination -- $6 minimum total cost. You can box three or more horses on a single ticket and wager $1 (or more) on each combination.

 
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