TYPES OF HORSE RACING BETS:

Win:   Your horse finishes 1st, you win.
Place: Your horse finishes 1st or 2nd, you win.
Show: Your horse finishes 1st, 2nd, or 3rd, you win.
Exacta: If you select the 1st & 2nd place horses, in the exact order they finish, you win.
Trifecta: If you select the 1st, 2nd & 3rd place horses, in the exact order they finish, you win.
Superfecta: If you select the 1st, 2nd, 3rd & 4th place horses, in the exact order they finish, you win.

MULTI-RACE WAGERS:

Daily Double: If you pick the winners of two consecutive races, you win.

Pick 3: If you select the winners of three consecutive, designated races, you win.

Pick 4: If you select winners of four consecutive, designated races, you win.

Pick 5: If you select winners of five consecutive, designated races, you win.

Pick 6: If you select winners of five consecutive, designated races, you win.  There is usually a consolation payoff to those with 5 out of 6 winnesr.

 Learn more about handicapping in the “Handicapping 101” section

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