Horse Racing 101
Exacta Bets
An Exacta bet involves selecting the first two horses to finish in the exact order, offering the potential for higher payouts with increased difficulty.
Trifecta Bets
A Trifecta bet requires picking the top three finishers in the exact order, creating a challenging bet with a rewarding payout for accurate predictions.
Win, Place, Show
The most common horse racing bets: “Win” is for first place, “Place” is for a top-two finish, and “Show” is for a top-three finish. Each bet type has its own payout potential based on finishing position.
Quinella Bets
A Quinella bet allows you to pick two horses to finish first and second in any order, offering flexibility and a greater chance of winning than an Exacta.
Superfecta Bets
A Superfecta bet involves selecting the first four horses to finish in exact order. Although challenging, it offers some of the highest payouts in horse racing.
Across the Board Betting
An “Across the Board” bet includes a Win, Place, and Show wager on a single horse. You win on all three if the horse finishes first, two if it finishes second, and one if it finishes third.
Daily Double
The Daily Double bet requires you to pick the winners of two consecutive races. To win, both selected horses must finish first in their respective races.
Boxing Your Bet
“Boxing” a bet, such as an Exacta or Trifecta Box, allows you to cover all possible finishing orders for the chosen horses, increasing your chances of winning.
Parlay Bets
A Parlay, or accumulator bet, is a multi-race bet that rolls over winnings from one race to the next. Each selection must win for the parlay to pay out.
Morning Line Odds
These are the projected odds set by the track’s oddsmaker before betting begins, offering an early indication of each horse’s expected performance before live betting opens.
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