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Playing To Win
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Wagering Quick Guide
The Traditional Wagers
| Bet type | Difficulty | Average Payoff | Description |
| Show | Easiest | $2.10 - 4.00 | Finish 1st, 2nd or 3rd and you win. |
| The most conservative wager and best chance to cash a ticket. | |||
| Place | Easy | $3.00 - $8.00 | Finish 1st or 2nd and you win. |
| Pays a little more than show. A hedge bet on your win money. | |||
| Win | Varies | $4.00 - $40.00+ | You must finish 1st to collect. |
| Most traditional wager and still the best. | |||
| Daily Double | tough | $20 - $200+ | Select the winners of two races in a row. |
| Your grandfather's bet. The first and oldest exotic wager. | |||
| Usually the first two and last two races. |
Exotic Wagers
| Single-race Bet type | Difficulty | Winning Payoff | Description |
| Exacta | tough | $15 - $150+ | Your horses must finish 1st and 2nd in order. |
| The best chance to win a reasonable amount without betting a lot. | |||
| The most popular bet in racing. Boxing the Exacta will help your odds of winning. | |||
| Trifecta | tougher | $50 - $1,000+ | Your horses must finish 1st, 2nd and 3rd in order. |
| A very difficult bet but a chance at a home run. | |||
| Superfecta | toughest | $100 - $10,000+ | Your horses must finish 1st, 2nd, 3rd and 4th in order. |
| The grand slam. Extremely difficult, but it can pay great. | |||
| For risk-takers. |
Multi-Race
| Bet type | Difficulty | Winning Payoff | Description |
| Pick Three | tougher | $50 - $1,000+ | Select the winners of three races in a row. |
| A purists' bet. Essentially three win bets parlayed in a row. | |||
| Pick Four | toughest | $200 - $2,500+ | Select the winners of four races in a row. |
| Rapidly gaining in popularity. A good chance to win a lot with a little. | |||
| Pick Six | Like lotto | $1,000 - $1-million | Select the winners of six races in a row. |
| The most difficult wager in racing. | |||
| Frequently, no one wins the Pick Six and the money is carried over to the next day. |
Next » The Win Bet
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