Horse Racing & Greyhound Racing Bet Types
Betting online on horse racing and greyhound racing is great fun, but it can be a little confusing at times so we’ve created a simple guide to take you through the most popular bet types used in horse racing and greyhound racing.
Pari-mutuel betting means each bettor is betting against all the others making the same type of bet. When the total money wagered is calculated per horse, we get odds. And once the race has run and the track has taken their fees, we are left with the payoffs, which is what each person with a winning wager is entitled to receive. Depending on the types of bets you place on an individual horse race, the payoffs and odds can change dramatically. Learn more by clicking on the individual horse race betting terms below. We also occasionally offer special bets like the Cross Country Pick 4 or the NYRA Grand Slam.
Single-Race Exotic Bets
Multi-Race Exotic Bets
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.