Types of Bets

Win-Place-Show Bets

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

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