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Types of Bets

Win-Place-Show Bets

Betting on horse racing can be fun and simple. There are Many Different wagers offered each race, but these are the three most basic:
The first is a”triumph” wager. Betting a horse to win is just as entertaining as it sounds — the horse has to win the race in order for you to win the bet.
Next, is a”location” wager. This really is betting on a horse to finish in the top two. You win the bet if your horse finishes first or second.
Betting a horse to”show” means selecting a horse that you think will finish in the top 3. You win the wager if your horse finishes first, second, or thirdparty. Due to the difficulty of a win wager, it will yield the highest payoff of these three wagers. A show bet will yield the lowest payoff but offers the greatest chance of winning.
The minimum bet for a win, place or show wager is only $2.
Exacta Bets
If you’ve mastered the craft of win, place and show wagers, try out an exacta. An exacta is more difficult than win, place and show wagers, but yields a higher payout. You bet an exacta by selecting the very least two horses to finish first and second. These horses must finish first and second, so, for you to win the bet.
If picking two horses in order sounds too hard, you can”box” your bet. A boxed wager will win if your horses finish 1st and 2nd, in any order, which makes it more likely that you win.
The minimum wager for an exacta or exacta box bet is only $2.
Trifecta Bets
If you’ve mastered the art of win, place and show wagers, try a trifecta. A trifecta is more challenging than win, place and show wagers, in addition to exacta wagers, so it yields a higher payout than any of those stakes.
You bet a trifecta by selecting a minimal three horses to finish first, second, and third. These horses must finish first, second, and third, in that exact order, for one to win the wager.
If picking three horses in order seems too difficult you can”box” your wager. A boxed trifecta bet will win if your horses finish 1st, 2nd, and 3rd, in any sequence, making it prone to win.
The minimum bet for a trifecta wager is just 50 cents and you can wager a trifecta box for as little as $3.
To learn more guides on gambling and handicapping, visit TwinSpires’ gaming manual library.

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