Horse Betting Terms
Here are some practical examples of horse betting terms, bets
and variations
Straight bet or Single or Win bet:
This is the simplest and most common bet. You bet on a
winner at given odds. You collect only if your chosen horse is
the first across the finish line.
Place:
A wager for place means you collect if your selected horse
finishes either first or second.
Show:
The third horse across the finish line. A wager to show
means you collect if your selected horse finishes either first,
second or third.
Combination Bet:
Combinations cover from two to four horses to win in chosen
order.
Pick 3:
This wager requires the player to pick the winners of three
consecutive races. Some race tracks have a rolling pick 3 which
is when the player must pick three races in a row and it
continues for the next three races.
Pick 6:
This wager requires the player to select the winner of six
consecutive races prior to the first race of the pick six. Some
tracks place the pick six as the first six races, the middle six
races, or the last six races. Many tracks have carry over pools
for the pick six that can grow to as high as a million dollars.
The Daily Double:
You win if you pick the winner of the first and second race.
To bet you say "$2 daily double on 3 (your pick to win in the
first race) and 5 (your pick to win in the second race)". Your
bet must be placed before the start of the first race.
Quiniela: (Reverse Forecast, UK)
You win if you pick two horses that finish first and second,
in either order, in any single race. To bet you say "$2 quiniela,
numbers 5 and 6". If the results of the first two horses are
either 5-6 or 6-5, you win.
Quiniela Box:
Pick three or more horses. You win if any two of your
selections finish first and second. To bet you say "$2 quiniela
box on 4, 5 and 6". You are making three separate bets so your
minimum bet is $6. If they finish 4-5, 4-6, 6-4, 6-5, 5-4 or 5-6
you win. You can box as few as three or as many as the field.
Quiniela Double:
Quiniela Double is a combination bet of two winning
quinielas in the last two races. Select two horses to win and
place, in either order, in each of the last two races. You must
win both quinielas to win your Quiniela Double.
Quiniela Wheel:
You can also 'wheel' a favorite horse, so that it is
combined with all the other horses. Based on the $2 value, the
total cost of a wheel with say, 6 other horses is $12. For
example; if you wheel #2 with 6 other horses in the same race
and #2 comes in first or second, you win because you have all
the 6 combinations covered.
Perfecta or Exacta:
(Straight Forecast, UK) The Perfecta is similar to the
Quiniela, except the two horses must finish in the exact order.
To bet you say "$3 Perfecta, 5-6". Only if the horses finish 5-6
you win.
Perfecta Box:
As with the quiniela box, except the two horses must finish
in the exact order. To bet you say "$2 perfecta box on 4,5 and
6". You are making six separate bets so your minimum bet is $12.
If they finish 4-5, 4-6, 6-4, 6-5, 5-4 or 5-6 you win. With
Perfecta Box, for each extra horse you add to the box the
possible combinations get compounded and your number of bets
increases accordingly. A "$2 perfecta box on 4 horses" will cost
you $24 (12 bets), a "$2 perfecta box on 5 horses" $40 (20
bets), and a "$2 perfecta box on 6 horses " $60 (30 bets).
Straight Trifecta: (Tricast or Treble Forecast, UK)
Pick the first three horses to cross the finish line in
exact order. To bet you say "$2 trifecta numbers 7,4 and 5".
Only if they finish 7-4-5 you win.
$1 Trifecta Box:
Pick three horses to finish first, second and third, in any
order. To bet you say "$1 trifecta box 2,3 and 5". You are
actually making six $1 bets, so your total bet is $6. If they
finish 2-3-5, 2-5-3, 3-2-5, 3-5-2, 5-2-3 or 5-3-2; you win.
$1 Trifecta Key:
Pick your favorite horse to win, then two or more others to
place and show in any order. To bet you say "$1 trifecta key on
1 with 2 and 3". You are actually making two $1 bets so your
total bet is $2. To win your Key horse must win and the other
two must finish either 1-2-3 or 1-3-2.
Superfecta:
The straight superfecta is played by picking the first four
horses to finish in exact order. To bet you say "$2 straight
superfecta 1-3-2-8". You would collect if the race finishes
exactly 1-3-2-8.
You can Box, Key or Wheel most of the above bets.
Note: Different countries and different race tracks may have
different rules, use different terms for how to bet and also for
the types of bets. If unsure, ask the sportsbook or bookmaker
when placing a bet. |