Betting on horse racing can be fun and easy. There are Many Different wagers provided each race, but these are the three most basic:
The first is a“win“ bet. Betting a horse to win is just as entertaining as it seems — the horse must win the race in order for one to win the bet.
Next, is a“place“ bet. This is betting on a horse to finish in the top 2. You win the wager if your horse finishes first or second.
Betting a horse to“show“ means choosing a horse who you think will finish in the top 3. You win the bet if your horse finishes first, second, or thirdparty. Due to the problem of a win wager, it is going to yield the highest payoff of these three wagers. A series wager will yield the lowest payoff but offers the greatest chance of winning.
The minimum bet for a win, place or show wager is just $2.
If you’ve mastered the craft of win, place and show wagers, try an exacta. An exacta is more challenging than win, place and show wagers, but yields a higher payout. You bet an exacta by choosing a minimum two horses to finish first and second. These horses must finish first and second, in that order, for you to win the wager.
If choosing two horses in order sounds too difficult, you can“box“ your wager. A boxed wager will win if your horses finish 1st and 2nd, in any sequence, making it more likely for you to win.
The minimum wager for an exacta or exacta box wager is only $2.
If you’ve mastered the craft of win, place and show wagers, try a trifecta. A trifecta is more challenging than win, place and show wagers, as well as exacta wagers, so it yields a much higher payout than some of these bets.
You gamble a trifecta by selecting a minimal three horses to finish first, second, and third. These horses must finish first, second, and third, in that exact order, for one to win the wager.
If choosing three horses in order sounds too difficult you can“box“ your wager. A boxed trifecta bet will win if your horses finish 1st, 2nd, and 3rd, in any sequence, making it more likely to win.
The minimum wager for a trifecta wager is only 50 cents and you can bet a trifecta box for as little as $3.
For more guides on gambling and handicapping, visit TwinSpires‘ betting guide library.