Horse Wagering Options
By Sebastien Veilleux
There’s nothing more exciting, to many, that spending a day at the track. Even if you don’t have access to a racetrack or a way to watch racing on TV, wagering can yield some great profits. Many horse-wagering individuals have hit the big score with a bet of just $1. Before you can place your bets and start winning, you need to know how to bet. In this article, we will go over some common wagering options like the Trifecta, Quinella, Exacta and many more. In just a couple minutes from now, you will be ready to hit the track (even the virtual one) and stake your claim to the world of winning racetrack betting.

Horse Wagering

Win: This option is pretty self-evident. You are betting the to win the race. If you are correct, your ticket will be paid the “Win” rate for the horse. This wager is technically called a “Win Bet.”

Place: Sometimes even the best horses finish second and that’s what it means to “place.” If the you pick comes in first or second, you are paid the “Place” rate. This wager is technically called a “Place Bet.”

Show: There’s nothing wrong with coming in third, unless it’s a three race. If your comes in first, second or third, you are paid the “Show” rate. This wager is technically called a “Show Bet.”

Exacta (also called a Perfecta): Think you know what horses will finish first and second? If so, place an Exact. You must pick the exact order. If you pick a the number four to win and the number five to place and the race ends up being 5-4, you lose. To win, in this example, you need a

Intangaroo draws off in the Ballerina Stakes
She rallied from far back to win by 2 3/4 lengths over Miraculous Miss and Sugar Swirl at Saratoga. Get the results, chart, and photos here.
Colonel John wins the Travers Stakes
He got the lead in the stretch and held off the late close of Mambo in Seattle with favorite Pyro a distant third to win the mid-summer derby at Saratoga. Get the results, chart, and photos here.
Travers Undercard Stakes
Visionaire won the King's Bishop (G1), Shakis came on the far outside to win the Bernard Baruch (G2) for the second time, and Porte Bonheur upset in the Victory Ride (G3). Get the results, chart, and photos here.
Ginger Punch gets the nod in the Personal Ensign Stakes
She just got up to win by a nose over Lemon Drop Mom at Saratoga on Friday. Get the results, chart, and photos here.
Wait a While repeats in the Ballston Spa Handicap
She won by a length over late closing Carriage Trail and Rutherienne. Get the results, charts, and photos here for this plus two undercard stakes.
Summer Patriot romps in the John's Call Stakes
He ran away to win by 7 3/4 lengths over Taconeo and Codeword in the 1 5/8 mile turf race at Saratoga. Get the results, chart, and photos here including race namesake John's Call who led the post parade.
Alabama Stakes and Sword Dancer Invitational
Saturday at Saratoga, Proud Spell held off Music Note to win the Alabama Stakes (G1) while Grand Couturier won the Sword Dancer (G1) for the second straight year over late closing Better Talk Now. Get the results, chart, and photos here.
Mister Big dominates the Canadian Pacing Derby
He drew off to win the $702,000 race at Mohawk over Western Shore and Eagle Luck. Get the results, chart, and photos here plus Thumbelina the world's smallest horse.


4-5 finish.

Quinella: This bet is like an Exacta in that you select the two horses you think will finish first and second. However, unlike the Exacta, the order does not matter. If you select the number 5 and the number 6 horse, you win if the order is 5-6 or 6-5.

Trifecta (also called a Triple): If you want to win a good deal of cash, potentially, for a small $1 or $2 wager, the Trifecta is for you. When you bet a Trifecta, you are betting on the exact horses that will finish first, second and third. The order matters with this bet. If you are unsure of the order, but just know the three horses that will Win, Place and Show, you can box the bet. When you box a bet, you are betting all possible combinations. There are six combinations to any three-horse Trifecta.

Daily Double: If you have a good eye for picking winners, give the daily double a spin. When you bet the daily double, you are betting on the winner of two consecutive races—usually the first and second race of the day.

Pick Six: This bet could be a pick 6,7,8 and so forth. When you place this bet, you pick the winners of all the races. As you can imagine, it has a very nice payoff when you win.

You are now up to speed with some common wagering options. The only thing left to do is to visit an online race book and make some winning bets. Horse wagering is a fun, and addictive, activity. The Internet is full of great wagering articles, tips and websites. Placing your wagers at an online race book is a great way to keep in the action and it’s extremely convenient too.
The author is the founder and players manager of www.AdvantageSportsBetting.com and one of the top experts in the internet sports betting industry today. Advantage Sports Betting is a world leader in online sports betting, casino, horse racing wagering, poker and a proud member of the Betcorp family.