Posted
on 11/14/2007 9:50 PM
By: CappersPicks.com Horse Racebook Handicapping
Staff
Horse Racing Wager Types
Win: If your horse wins
the race, you win the bet.
Place: If your horse
runs first or second, you win the bet.
Show: If your horse runs
first, second or third you win the bet.
Exacta: This is a bet
involving two horses. If the two horses
you pick (for example, 3,4) run in the
order picked - the 3 would have to win
and the 4 would have to run in second place
- you win the bet.
Exacta Box: This wager
is actually two exacta bets on one ticket
using the same 2 horses. For example, 3,4
- 4,3. Your horses can run first and second
in either order for your bet to be a winner.
Exacta Wheel: If
you are sure of the first or second place
finisher but unsure of the other spot
you can "key" one
horse, for example the 4 and bet "with
all" to finish in the other position.
Exacta Partial Wheel: Like
above only instead of "with all" you can
key your horse and bet with a selection
of others to finish in the other position.
Quinella: Like the exacta
box but only one bet instead of two. The
payout is usually not quite as high as
an exacta bet. Not offered for every race
at every track.
Daily Double: Like a
parlay bet involving two consecutive races,
usually the first two races on a card and
the last two races on a card. Some tracks
offer a rolling Daily Double for all races.
You must pick the winner of the first race
and the winner of the next race. Bets must
be placed before post time of the first
race. If one of the legs of the double
is a loss the entire wager will be deemed
a loss.
Daily Double Wheel: Like
the exacta wheel, if you are sure of the
winner of one of the two races, you can
key that horse and bet 'with all' on the
other race of the bet.
Daily Double Partial Wheel: Same
as above but rather than betting 'with
all' you can select various others of your
choice.
Trifecta: This wager
involves the picking first three finishers
in a race in exact order (similar to an
exacta but with three horses instead of
two). The payout is usually much higher
than that of the exacta.
Trifecta Box: Like the
exacta box, this would actually be 6 bets
on one ticket. You are betting all possible
combinations of a three-horse wager. For
example, 3,4,5 - 3,5,4 - 4,3,5 - 4,5,3
- 5,3,4 - 5,4,3.
Trifecta Wheel: Same
as the exacta wheel where one horse is
keyed in one of the positions (first, second
or third) and all other horses are placed
in the other two positions.
Trifecta Partial Wheel: Same
as the trifecta wheel but instead of betting
with all, selected combinations are placed
in the other two positions.
Pick 3: This wager includes
picking the first place finishers of three
consecutive races. The wager must be placed
before post of the first race. If one leg
of the pick 3 is a loss the entire wager
will be deemed a loss.
Superfecta: This wager
involves picking the first four finishers
in a race in exact order. The payout for
this wager can be very high because the
chances of winning the bet are pretty low.
Not available for all races especially
races with fewer than 8 runners. Superfecta
box, superfecta wheel and superfecta partial
wheel also available.
Pick 4: The first place
finishers of four consecutive races must
be picked in order to win this wager. The
wager must be placed before post time of
the first race. If one leg of the pick
4 is a loss the entire wager will be deemed
a loss.
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