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The payoff for a Superfecta is generally very high, and is typically shown on the wager payoffs based on a $1 bet. Exotic Bets: Multiple Races. Double: A Double is.


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Horse Racing Wagering - Types of Wagers
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Simple Horse Racing Betting Strategy Tips

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In a Trifecta, you are selecting the first three horses in exact order of finish. In a Trifecta Key, you are selecting one horse to finish first and any two of the other.


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Horse Racing Tips and Advice for Beginners

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HORSE RACING FOR NEWBIES: EXPLAINING ODDS

It is significantly harder to predict than an Exacta, and accordingly will pay out much more for a winning bet. If you need assistance in calculating the cost of an exotic wager combination, use our Exotic Wager Cost Calculator. The larger the number, the harder it is to pick, as well as the greater the payoff. However, if nobody had all 6 correct, the majority of the Pick 6 pool will be carried over to the next racing day, making the subsequent Pick 6 pool even larger. Key: If you a key a horse, it means you are taking the horse by itself on top and you will take several horses behind. Place: Similar to the Win bet, a Place bet on a horse is a bet that the horse will finish in first or second. All rights reserved.{/INSERTKEYS}{/PARAGRAPH} If the horse wins, you collect on all 3 bets. It requires the bettor to pick the winner in two consecutive races. This is a custom combination where you need the 1 or 2 to win, the 1,2, or 3 to run 2nd and the 1,2,3, or 4 to run 3rd. Since a straight bet is only 1 combination, the total cost of the bet will the amount of the bet. Partial Wheel : A partial is any combination of horses that does not fit one of the special combinations listed above. {PARAGRAPH}{INSERTKEYS}Win: The simplest bet you can make on a horse race. There are many different wager types offered by horse racing tracks. However, your key MUST finish first for you to collect on this wager. Some tracks also offer one Pick 6 per card. For a Pick 6, typically the track will also give a small payoff to bettors who had 5 of 6 correct. Straight: Refers to any wager placed where there is only 1 combination. For these bets, it is recommended to take several combinations of horses in each race to increase your chances of winning although this also increases the cost. The payoff for one of these bets will be shown on the results for the last leg of the wager. We will define the most commonly used terms below. Superfecta: The most difficult of the single-race exotics, the Superfecta, requires the bettor to predict the first four finishers, in order. If the horse comes in 3rd, you collect on the Show bet only. The odds listed for the horses on the toteboard are the Win odds for each horse. Forgot password? Place Pick All: This bet is similar to a Pick-x bet, except that you need a horse to place come in 1st or 2nd in each race, instead of to win. 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. Some bettors may "press" an Exacta one way if he thinks a horse has a better chance to win, but then "save" his bet in the Reverse. Since this is easier to predict than an Exacta, it also pays less than the Exacta typically it pays about half of the Exacta payoff. Box: A boxed wager is where you take every possible combination of a set of horses. If you are confident the horse will finish better than third, you would have a larger return placing a Win or Place bet. A multiple race exotic wager may be referred to as "Straight", if you take only 1 horse in each race. Straight Bets Win: The simplest bet you can make on a horse race. A Win bet is an attempt to predict the horse that will win the race. Double: A Double is the simplest type of wager that spans multiple races. Again, if the horse comes in first or second, you will not win any more money than if the horse finishes third. Quinella: Similar to the Exacta, but this does not require the bettor to predict the order of the top two horses. There are different terms used to refer to methods of combining horses, particularly for single race exotic wagers such as Exactas and Trifectas. Taking 'ALL' for a leg is very common in the last leg of a Trifecta or Superfecta since it is very difficult to predict who will run 3rd or 4th. You should use our Exotic Wager Cost Calculator if you are not sure what the cost of a partial will be. For Pick 3s and Pick 4s, if nobody has the required number of races correct, they will typically pay out for people who missed one less race. This will pay more than betting either of the horses to win or place. In this case you are hoping that the 1 wins, but in the case where the 1 runs 2nd to your other 2 choices, you hope to at least cover the total cost of your wager. Partials are very common but their cost can sometimes be difficult to calculate. If you are confident the horse will win the race, you will receive a larger return betting the horse to Win. In this example, it would come out to 6 combinations, or 6 bets. It requires the bettor to pick the horses, in order, that finish in the top 3 positions in the race. For example, a Trifecta Box with horses 1,2,3 would cover every Trifecta possibility with those 3 horses. This is the safest of the straight bets but also offers the smallest return. This bet has less risk than a Win bet, but also a smaller reward. Wheel: A wheel refers to taking the entire field for a leg of a wager. There are also tracks that offer Double's in the middle of a card. Join NOW! For example, you might bet an Exacta Wheel if you think you know the horse that will win but you don't know who will finish 2nd. 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. In this example, the number of combinations is the number of horses in the race besides the 1. A bettor may also take ALL in multiple race exotic wagers if a race is wide open and they have no idea who will win that race or leg of the wager. Below we will define the most common wager types offered. Reverse: Reverse is an informal term, typically referring to Exactas. Simply put, the bettor only has to pick the horses which will finish in the top two places, but does not have to predict which of those two will actually win the race. Predicting a Superfecta is very difficult and will always require the bettor to take different combinations of horses so that there are more chances of winning. If the horse wins, you will collect on your bet. For example, if nobody predicted a Pick 4 correctly, people who had 3 of 4 correct will get paid. This particular example is 8 combinations. If you bet a horse "across the board" you are effectively betting him to Win, Place, and Show. If there is a Double available to be bet on, there will be a note of it on the first race or leg of the Double wager. If the horse comes in 2nd, you collect the Place and Show payoffs. In addition, the payoff results would indicate a payoff for "Pick 4 3 of 4 correct ".