Horse Racing & Greyhound Bet Types

Basic Bets

Choose only one horse to win the race, and if your selection wins the race – you win! Click here for more details on a Win bet
On a Place Bet you choose one horse and your horse needs to finish first OR second to claim some winnings! Click here for more details on a Place bet
On a Show Bet you choose one horse and your horse needs to finish first OR second OR third to claim some winnings! Click here for more details on a Show bet

Single-Race Exotic Bets

On an Exacta Bet you need to choose the horses that will finish first AND second in the correct order to claim your winnings! Click here for more details on an Exacta bet
pick the first 2 finishers (they can come in either order) to win! Click here for more details on a Quinella bet
pick the first 3 finishers to claim your winnings! Click here for more details on a Trifecta bet
pick the first 4 finishers to be a winner! Click here for more details on a Superfecta bet
pick the first 5 finishers and you’re a winner! Click here for more details on a Super Hi-5 bet

Multi-Race Exotic Bets

pick the winners of 2 consecutive races and you can collect your winnings! Click here for more details on a Daily Double bet
pick the winners of 3 consecutive races and you win! Click here for more details on a Pick 3 bet
pick the winners of 4 consecutive races and your winnings are waiting for you at the window! Click here for more details on a Pick 4 bet
pick the winners of 5 consecutive races and claim your winnings! Click here for more details on a Pick 5 bet
pick the winners of 6 consecutive races to be a winner! Click here for more details on a Pick 6 bet

Tips & Tricks

  • Making a Win-Place-Show bet pays out if your horse runs first, second and/or third.
  • Box exotic wagers so you increase your chances of winning.
  • You can “use more horses” than the title of a wager suggests.
  • You can also use multiple horses in each leg of a multi-race exotic.
  • Save money putting a ticket together and Key a horse in a particular position.

Click the image below for a visual guide to the basic types of horse racing bets:


Handicapping 101

Once you’ve got down the basics of horse racing betting, check out our Handicapping 101 series to discover more ways to find angles and improve your odds.

  • Super Saver and jockey Calvin Borel after winning the 2010 Kentucky Derby (Photo by Churchill Downs/Reed Palmer Photography) Deciphering Track Biases, Part 2 (8/13/2018) - Wouldn’t it be nice if we could predict when track biases will appear and wager accordingly, yielding impressive profits while simultaneous gaining some bragging rights? ...Read More
  • Churchill Downs - Coady Photography Deciphering Track Biases, Part 1 (8/6/2018) - Track biases… is there a more mysterious aspect of handicapping horse races? Maybe, but I'm not sure what it would be. In essence, track biases ...Read More
  • Woodbine Racetrack How to Bet the Double (7/20/2018) - If you’re just getting started betting on horse races, you might be confused by the multitudes of wagering options available, with many types boasting unusual ...Read More
  • Wonder Gadot winning the Demoiselle Stakes (gr. II) at Aqueduct - Photo by NYRA/Adam Coglianese Photography Synthetic to Dirt: A Valuable, Overlooked Angle (7/17/2018) - Although the glory days of synthetic racetracks seem to be over in North America—tracks like Santa Anita, Del Mar, and Keeneland have all gone back ...Read More
  • Elate winning the Beldame Stakes (gr. I) - Photo by NYRA/Coglianese Photography/Chelsea Durand How to Bet the Trifecta (7/12/2018) - If you’re just getting started betting on horse races, you might be confused by the multitudes of wagering options available, with many types boasting unusual ...Read More

Click here to read all installments of Handicapping 101!