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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.
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