Win

You bet on a horse to win the race. This is one of the most basic horse wagers. If your horse finishes the race in first place, you win the bet.

Place

This is a bet on which horse will come in second place in the race. You win your bet if your selected horse finishes either second or first in the race; however, the amount you win varies depending on whether the horse finishes first or second. A second place finish pays less money.

Show

You bet on a horse to win third place in the race. If your horse finishes third, second or first in the race, you win your bet. However, the amount you win varies depending on whether the horse finishes first, second or third. The better the horse finishes in the race, the more your payout will be.

Across the Board (Win, Place & Show)

An across the board bet allows you to select one horse to come in either first, second or third in the race. This is basically three bets in one. For example: you bet $2 across the board. In effect, you have wagered $2 to win, $2 to place and $2 to show. You win if your selected horse comes in first, second or third place; however, the money varies depending on what place your horse finishes. Higher placement in the race results in a bigger payout.

Exacta

You bet on two horses to come in first and second place in the race in that specific order. For example: you bet $4 that number 3 and number 7 will come in first and second place in that exact order. The only way you win this bet is if number 3 wins first and number 7 wins second.

Exacta Box

This bet is the same as an Exacta bet in the fact that you select two horses to come in first and second place. However, an exacta box bet means that there is no specific order to the placement of the horses. For example: you place a $3 exacta box bet on number 5 and number 6. This is a total bet of $6 because there are two possible outcomes. You win your bet if number 5 wins first and number 6 wins second or vice versa.

Quinella

You bet on two horses coming in first and second place in the race. It does not matter which of your horses wins first or second. The order does not affect the bet. You win if both your horses place in the top two positions.

Trifecta

Pick three horses to come in first, second and third place in that exact order. You win if all three of your horses finish the race in the order you have specified.

Trifecta Box

This bet is the same as a Trifecta bet in that you are betting on three horses coming in first, second and third place. However, a Trifecta Box bet means that your three horses can finish the race in any order. They only need to place in the top three positions for you to win. This bet is basically 6 bets in one. For example: you place a $2 trifecta box bet on number 2, number 4 and number 7. There are six possible outcomes for these three horses to finish in first to third place; therefore, the total amount of the bet is $12. You win your bet if horse number 2, number 4 and number 7 finish in first, second and third place of any order.

Superfacta

Pick four horses to come in first, second, third and fourth place in that exact order. You win if all four of your horses finish the race in the order you have specified.

Superfacta Box

This bet is the same as a superfacta bet in that you are betting on four horses coming in first, second, third and fourth place. However, a Superfacta Box bet means that your four horses can finish the race in any order. They only need to place in the top four positions for you to win. This bet is basically 8 bets in one. For example: you place a $2 superfacta box bet on number 2, number 4 , number 7 and number 9. There are 24 possible outcomes for these four horses to finish in first to fourth place; therefore, the total amount of the bet is $48. You win your bet if horse number 2, number 4, number 7 and number 9 finish in first, second, third and fourth place of any order.

Daily Double

You bet on the winners of two consecutive races. You win the bet only if both your horses win their specific race. Typically daily double bets are only available on the first two races of the day and the last two races of the day.

Pick 3

Bet on the winners of three consecutive races. Each of your horses must win their specific race in order for you to win the bet.