For a $2 bet, they cost $4.Įxacta/Perfecta/Exactor: One of the simplest single-race exotic bets, the Exacta is the combination of predicting the winning horse and the second-place horse, in order. Win/Place, Place/Show: These are simply 2 bet combinations of Win/Place and Place/Show, respectively. Since this is actually 3 bets combined, a $2 bet 'across the board' will cost $6. If the horse comes in 3rd, you collect on the Show bet only. If the horse comes in 2nd, you collect the Place and Show payoffs. If the horse wins, you collect on all 3 bets. If you bet a horse 'across the board' you are effectively betting him to Win, Place, and Show. If you are confident the horse will finish better than third, you would have a larger return placing a Win or Place bet.Īcross the Board (Win/Place/Show): This is a combination of the Win, Place, and Show wagers.

This is the safest of the straight bets but also offers the smallest return. Again, if the horse comes in first or second, you will not win any more money than if the horse finishes third. For every $2 bet on the horse to Show, you will collect the amount shown in the Show column (3rd column) for that horse on the results payoffs. Show: Another variety of a straight bet, the Show bet is used when you want to bet that a horse will finish in the top 3 positions in the race. If you are confident the horse will win the race, you will receive a larger return betting the horse to Win. This bet has less risk than a Win bet, but also a smaller reward. If you make a Place bet, note that it does not matter if the horse wins or comes in second, you will win the same amount. If the horse does finish in one of the top two spots, you will collect the amount shown in the Place column (2nd column) for that horse on the result payoffs for each $2 you have bet. Place: Similar to the Win bet, a Place bet on a horse is a bet that the horse will finish in first or second. This $2 payoff of $12 would also be shown on the result payoffs under the Win column (1st column) for the horse when the race is official.

For example, if a horse shows '5' on the toteboard, if you bet him to Win for $2, you will get back $12 (5 times $2 plus your original $2 bet). The odds listed for the horses on the toteboard are the Win odds for each horse. If the horse wins, you will collect on your bet.

A Win bet is an attempt to predict the horse that will win the race. Win: The simplest bet you can make on a horse race. Below we will define the most common wager types offered. There are many different wager types offered by horse racing tracks.

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